July 18, 2019

fDi Markets: Data story – Sydney Apac’s top non-capital city for projects​

Pin It

Sydney, Australia was the top non-capital city in Asia-Pacific by FDI projects in H2, 2018, attracting 62 projects. Bangalore in India was not far behind with 57 projects, ahead of Melbourne, with 45. Mumbai, India, attracted 26 projects in the second half of the year, narrowly ahead of Shenzen in south-eastern China, which saw 23. […]

The new drug highway: Pacific islands at centre of cocaine trafficking boom

Pin It

By Kate Lyons in Nadi, Fiji From The Guardian UK Explosion in number of boats carrying cocaine and meth from Latin America to Australia is causing havoc for islands on the way It is the drug route you’ve never heard of: a multi-billion dollar operation involving cocaine and methamphetamines being packed into the hulls of […]

Can Sir Philip Green save his retail empire?

Pin It

By Jamie Robertson from BBC High Street retail chain Arcadia claims to be in serious trouble, facing what it calls “significant liquidity issues”. The answer, it believes, is a Company Voluntary Arrangement (CVA), a series of proposals to its creditors. But critics say it raises as many questions as it answers and fails to address […]

Darwin shooting: Four killed in northern Australia

Pin It

From BBC A gunman shot dead four people and injured another at five different locations in the northern Australian city of Darwin, officials said. The 45-year-old suspect, who was known to the police, was arrested an hour after the first shots were reported at about 18:00 local time (08:30 GMT). Police said they believed the […]

2019 Australia election: Morrison celebrates ‘miracle’ win

Pin It

From BBC Australian Prime Minister Scott Morrison has thanked voters for re-electing his conservative coalition in a shock result at the federal polls. He told supporters he had “always believed in miracles” as partial results showed the Liberal-National Coalition close to a majority. Opposition Labor Party leader Bill Shorten has announced he is resigning after […]

Got an industry super fund? You’ve benefited from a Cayman Islands trust

Pin It

By Joanna Mather and John Kehoe From Financial Review Millions of Australians receive market-leading returns from their industry super funds thanks to foreign infrastructure assets held by a Cayman Islands trust. IFM Investors, the $126.8 billion money manager owned by 27 industry super funds, uses a company in Luxembourg and partnership in Delaware to buy ports, […]

Cayman Islands Volleyball Federation building sustainable volleyball programme

Pin It

Since launching its Youth Volleyball Programme in the summer of 2017, the Cayman Islands Volleyball Federation (CIVF) has been making strides to introduce young athletes to the sport while building an infrastructure to make the programme sustainable. This January with the addition of Volunteer Coach, Rick Bevis from Canada, the CIVF took a major step […]

US plummets in global anti-corruption index

Pin It

By Pedro Goncalves From International Investment A global anti-corruption watchdog says the United States has dropped four spots in its list of nations’ anti-corruption efforts and is now no longer listed in the top 20 for the first time. The Corruption Perceptions Index, which ranks 180 countries by their perceived levels of public sector corruption, […]

Gadget of the week

Pin It

The best travel plug adapter By Geoffrey Morrison Wirecutter From engadget This post was done in partnership with Wirecutter. When readers choose to buy Wirecutter’s independently chosen editorial picks, Wirecutter and Engadget may earn affiliate commission. Read the full travel plug adapter guide here. After spending more than 30 hours researching and testing 12 travel plug adapters, […]

Sir Viv: Little hope for WI

Pin It

By Azad Ali From Caribbean Life Legendary former West Indies Captain, Sir Vivian Richards has little hope of the regional team winning this year’s ICC World Cup in England. He identified the hosts, along with five-time winners and reigning champions Australia as among the favorites but has overlooked the struggling West Indies. Sir Viv told […]