July 12, 2016
Odeon & UCI cinemas sold to China-owned firm
Odeon & UCI Cinema Group has been bought by AMC Entertainment, a US chain owned by Chinese conglomerate Dalian Wanda, in a deal worth £921m ($1.21bn). Odeon & UCI is currently owned by private equity firm Terra Firma, and has 242 theatres…
June 29, 2016
Lime has successfully merged with Columbus Networks and Cable & Wireless Communications
Lime has successfully merged with Columbus Networks and Cable & Wireless Communications to form C&W Business, the leading business solutions provider in our region. Manager for the Turks & caicos Branch, Dellarice Hall added that ‘We’ve…
May 2, 2016
DIGICEL BUSINESS WINS DOUBLE AT AVAYA AWARDS
Digicel Business recently won two major awards at the Avaya Partner Engage Week ceremony which just wrapped up in Miami. The ‘Best Sales Person’ award was presented to Selwyn Adams, Business Solutions Senior Engineer for Digicel St. Lucia, while the…
April 13, 2016
Invest Turks and Caicos prepares to highlight the Islands strengths at Regional Conferences
Invest Turks and Caicos (Invest TCI) is gearing up to promote the Islands as an attractive destination for foreign investment at regional conferences, summits and roadshows in the month of May. Representatives of the Invest TCI team will join…
April 7, 2016
Angola to Open Loan Talks With IMF
Angola will begin loan negotiations with the International Monetary Fund on a three-year loan facility next week as lower oil prices hammer the finances of Africa's second-largest crude exporter, the Finance Ministry and the IMF said on Wednesday.…
April 6, 2016
FortisTCI Achieves ‘Investors in People’ Accreditation
FortisTCI Limited, recently achieved the internationally recognized Investor in People (IIP) Accreditation, demonstrating the Company’s commitment to high performance through good people management. This became official upon receipt of the…
April 1, 2016
Brazil Charges World’s Richest Banker With Tax Scheme
Brazilian prosecutors have charged Joseph Safra, the world’s richest banker, in connection with an alleged scheme to reduce or waive fines on back taxes. Prosecutors said in a statement Thursday that Safra knew about a 2014 plan by executives at…
March 17, 2016
BUDGET PRESENTATION for 2016/17 by the Minister of Finance
The Turks & Caicos Islands Government has began the presentation of the 2016/2017 budget for the Turks & Caicos Islands. The Minister Hon. C. Washington Missick lays out the plans for his Government in the attached document.…
March 16, 2016
Non-payment of taxes main weakness in region’s economies, says ECLAC
The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has called for measures to tackle nonpayment of taxes, cautioning in a just released report that tax evasion is one of the main weaknesses of the tax systems in the…
February 25, 2016
Turks and Caicos Financial Services Working Group Relaunched
Minister of Finance, Hon. Washington Misick today announced the re-launch of the TCI Financial Services Working Group. Comprising of senior government representatives, leading members of the private sector, and the CEO of Invest TCI. The Group has…