Search Results for: Antigua

CONTRACTORS at Sint Maarten’s hurricane-battered airport are battling against the clock to complete major repairs by the start of the new tourist season in November.

Princess Juliana International Airport was one of several across the Caribbean pummeled by catastrophic Hurricane Irma in September 2017.…

The South Pacific’s Cook Islands (population: 11,700) and Niue (population: 1,600), both largely autonomous jurisdictions in free association with New Zealand, have in the past been accused by international AML experts as being tax havens that facilitate money laundering. But reforms indicate that AML/CFT controls are tightening.…

RUNNING a complex international air travel business that recovering from 2017’s devastating hurricane season, Caribbean airline boss Julie Reifer-Jones is having to draw on her near three decades’ experience in senior financial management.

Immaculately presented, in killer heels, Reifer-Jones FCCA is not just the first female CEO of Antigua-based airline LIAT, she is the only female CEO of any airline in the Caribbean.…

THE CARIBBEAN may be a small and fragmented regional market but it is a hotbed of innovation in the personal care product industry, and a potential source of inspiration in formulation and ingredients for major brands.

Its island nations, politically independent and dependent territories, have long relied especially on the nearby USA for imports.…

US prosecutors have secured their first conviction in a case involving widespread corruption at the United Nations. Last Thursday (January 14), Heidi Hong Piao, a Chinese-American national pleaded guilty to two counts of conspiracy, money laundering, bribery and failure to disclose foreign bank accounts to tax authorities.…

THE EUROPEAN Commission may block or impose conditions on a planned acquisition by US-based Cargill of the industrial chocolate business of its American rival Archer Daniels Midland (ADM). The European Union (EU) executive’s directorate general for competition has opened an in-depth investigation into the deal, to assess whether it could damage the availability of reasonably priced supplies of this key confectionery input.…

Antigua-based accountant Laura Lyn, who trained as a CPA in Florida and has 20 years’ experience in finance, said accounting and auditing standards had seen much improvement in the region in recent years. Better skilled accountants, she said, were having a positive impact on the financial management standards of Caribbean public bodies and government departments generally.…

Caribbean jurisdictions may be increasingly signing up to the requirements of America’s Foreign Account Tax Compliance Act (FATCA) but there is no great enthusiasm about it. Indeed, some bankers fear it could lead to a sharp fall in the region’s charms for investors.…

THE ORGANISATION for Economic Cooperation & Development (OECD) has concluded that five jurisdictions need to improve their tax information exchange standards – Andorra, Anguilla (a UK dependent territory), Antigua & Barbuda, Indonesia and Saint Lucia. The OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes said these jurisdictions were “partially compliant” with its standards.…

THE CARIBBEAN is maybe the most culturally diverse region in the world and this has been reflected in its colourful, tasty and varied cuisine. So it is no surprise that the region’s confectionery sector is innovative, drawing on unusual combinations of ingredients that create tasty products that could serve as inspiration for companies around the world.…