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Cayman Islands

Letters to the Editor

"Who is being antagonistic? "

August 7, 2012 Dear Sir, This is a response to Cayman Islands Premier McKeeva Bush’s letter to The Royal Gazette. Dear Sir, You chastised Bermuda’s Premier Paula Cox for being “antagonistic” towards you and the Cayman Islands. Whilst I am no fan of t...
Aug 08, 2012
International Business

"Cayman axes expatriate tax plans"

The Cayman Islands has scrapped plans to implement the territory’s first-ever income tax on thousands of expatriates working there after a massive public outcry over the proposal. In a dramatic U-turn, Cayman Premier McKeeva Bush issued a terse stat...
Aug 08, 2012
Editorials

"Bush league in Cayman"

You can't have a fight if only side participates, so Cayman Islands Premier McKeeva Bush's decision to attack Premier Paula Cox in an open letter this week is likely to go nowhere. Premier Cox has wisely chosen not to join in the fight. The times a...
Aug 08, 2012
Politics

"Call for war of words between Bermuda and Cayman to end"

As Caymanian Premier McKeeva Bush insisted last night that his open letter to Premier Paula Cox was justified, Bermuda’s two main political parties would not be drawn into the row between the two leaders. Both the ruling Progressive Labour Party and ...
Aug 07, 2012
International Business

"Cox hits back at Cayman Premier"

Premier Paula Cox last night accused Cayman Premier McKeeva Bush of making disparaging remarks about rival jurisdictions to cover up problems in his own country. Ms Cox was answering questions from The Royal Gazette following Cayman’s decision to lev...
Jul 27, 2012
International Business

"Cayman to impose new payroll tax on expatriates"

Bermuda may be looking better and better in its battle for international business with the Cayman Islands. The government of the Cayman Islands on Wednesday announced it will, for the first time, impose a payroll tax — but only on expatriate workers...
Jul 27, 2012
Other

"Cayman’s Enterprise City sets sights on creating 9,800 jobs"

Law firm Appleby helped move a client into a new special economic zone set up in the Cayman Islands where companies are exempt form work permits and taxes. In a bid to diversify and boost the economy, the Cayman Government passed legislation at the e...
Jul 16, 2012
Other

"Bermuda named as Japan hunts for missing pension funds"

Bermuda has been named by Japan as it seeks to find corporate pension assets that have “disappeared”. AIJ Investment Advisors Co is believed to have channelled about 200 billion yen, some $2.48 billion, of corporate pension assets in custody into pri...
Feb 28, 2012
International Business

"Cayman newspaper fires another broadside at Bermuda"

The Cayman Islands isn’t giving up in its fight to woo reinsurance business from Bermuda. An editorial in the Caymanian Compass today fired back at Premier Paula Cox for her response to Cayman Premier McKeeva Bush’s broadside at Bermuda last week. “T...
Feb 28, 2012
International Business

"Cayman attack on Bermuda is ‘desperate’, say brokers"

Top insurance brokers have come to Bermuda’s defence calling Cayman’s quest to attract reinsurers “desperate” while cautioning Bermuda not to be complacent on matters at home. “I think Cayman will continue to throw stones because they are coming at u...
Feb 22, 2012
Other

"Cayman media hone in on Bermuda’s fiscal woes"

Cayman Islands media are playing up Bermuda’s spending and debt in growing tug-of-war over the Island’s lucrative reinsurance industry. “Bermuda’s government spent nearly $276 million more than it raised in revenues in the fiscal year ending 31 March...
Feb 21, 2012
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