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Global boxing phenom to attend Bodden Town Boxing Gym groundbreaking

Boxing legend and global icon, Manny Pacquiao is attending the groundbreaking event for the Bodden Town Boxing Gym at 10 a.m.,Saturday, 7 January 2017. Invited by the Minister for Community Affairs, Youth and Sports, Hon. Osbourne Bodden, the WBO welterweight…

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The Editor speaks: The Great Manny will be in town

Actually two towns to be precise. – Bodden Town and George Town. One of the greatest boxers of all time, the Hon. Manny Pacquiao will be making his first visit here as guest of Sports Minister Osbourne Bodden to be…

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Cayman Islands police: Holiday enforcement operations conclude with 27 DUI arrests

From RCIPS Through the conclusion of RCIPS Holiday Safety operations on 2 January, police officers had made a total of 27 DUI arrests, and issued 30 citations for speeding, 39 citations for using a mobile phone while driving, 32 citations…

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Ogier advising on proposed merger for major Asian Internet-of-Things firm

Ogier is acting as both British Virgin Islands and Cayman counsel to Pacific Special Acquisition Corp. (Pacific) on its recently announced proposed merger with Borqs International Holding Company (Borqs) – a major player in the Internet-of-Things and smart devices sector….

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Bitcoin’s first felon wants to use Ethereum to buy up Michigan’s waste industry

“Mainstreet is headquartered in the Cayman Islands, a notorious tax haven” By JORDAN PEARSON From Motherboard Charlie Shrem once branded himself “bitcoin’s first felon.” In December of 2014, Shrem was sentenced to two years in prison for knowingly processing funds…

Projects that wow

Core77: 15 Reader Submitted Projects That Wowed This Year BY EMILY ENGLE From Core77 Our readers have been busy in 2016… We ware extremely impressed with the diversity of our reader submitted projects this year. Ranging from seating innovations to…

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Switzerland: Regularization of undisclosed assets In Switzerland and South Africa – transparency on the horizon

Article by Urs Feller, Danielle Wenger and Marcel Frey From Prager Dreifuss Introduction The Organization for Economic Co-operation and Development (“OECD”) Standard for Automatic Exchange of Financial Account Information in Tax Matters, which encompasses the Common Report- ing Standards (“CRS”),…

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Board of troubled Fidelity Bank approves Mauritian group takeover bid

By BRIAN NGUGI From Business Daily Africa IN SUMMARY Fidelity has been looking to sell an equity stake to a strategic investor in order to bolster its capital base. Under the deal with SBM, the Mauritian firm will inject Sh1.46 billion…

Blockchain technologies entered the trough of disillusionment in 2016, but 2017 will be brighter

By Peter Smith From TechCrunch What does 2017 have in store for digital assets and underlying blockchain technology? This is a vital question for those in fintech, especially in light of recent news that Goldman Sachs and Santander left R3…

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UN chief bids farewell

By Nelson A. King From Caribbean Life United Nations Secretary-General Ban Ki-moon said goodbye to staff and Caribbean and other Permanent Representatives at UN Headquarters in New York on Friday. Stating that though he had delivered many speeches over his…