Mayweather-Pacquiao fight sparks more than 40 class actions
By Amanda Bronstad, From The National Law Journal More than 40 class actions have been filed over last month’s highly publicized fight between Floyd Mayweather and Emmanuel “Manny” Pacquiao, alleging that the boxers, their promoters and the cable networks airing…
[Bahamas] Ex-minister wants Chinese currency hub ‘within a year’
By Neil Hartnell From Tribune 242 A former Financial Services Minister yesterday urged the Government to establish an operational Chinese currency trading platform within 12 months, and not let “a great opportunity pass us by.” Ryan Pinder, now Deltec Bank…
Cuba: Immediate threat to 20% of Bahamas’ visitors
By Neil Hartnell From tribune 242 Cuba’s opening will immediately threaten more than 20 per cent of the Bahamas’ stopover visitor market, it has been revealed, amid calls for a ‘tourism trade agreement’ with the US to mitigate the impact…
When FDI fails: learning the lessons of international expansion
By Michal Kaczmarski From FDI Intelligence The complexities of overseas expansions are often overlooked in the bid to tap into new growth markets. Michal Kaczmarski looks at what it takes to crack foreign markets. Overseas expansion is often considered a…
Commonwealth Bank ‘Most Profitable of All Banks’ Execs tell Shareholders
By Diane Phillips & Associates From The Bahamas Weekly Nassau, Bahamas – For the second consecutive year, Commonwealth Bank reported it was ‘the most profitable of all (retail) banks’ with net earnings of $53.3 million, $16 million higher than its…
Gadget of the week: Volo
Rocket Internet acquires restaurant delivery service Volo By Steve O’Hear From Techcrunch Well, what do we have here? Just a couple of days after participating in European restaurant delivery service Take Eat Easy’s €6 million Series A funding round, ‘startup…
Anna Ramirez, fisher lady of Punta Gorda, recognized as Fisher of the Year
Belize City, 29 June 2015–Since she was 7 years old, Anna Ramirez, now 63, has been fishing with her family off the coast of Belize’s southernmost district – Toledo, but her gender has not stopped her from working just as…
Three other MARA Aussie property buys suspect, Rafizi claims in latest expose
By Mayuri Mei Lin From Malaymail KUALA LUMPUR, June 29 ― After Majlis Amanah Rakyat’s (MARA) controversial Dudley House buy hit headlines last week, the National Oversight and Whistleblowers (NOW) raised red flags today over three other property purchases in…
Three Cayman Island stalwarts facilitated
Three “dedicated, long serving pioneer” retirees of the Department of Children and Family Services (DCFS) received plaudits for their selfless service to vulnerable members of the community. Mrs. Eileen Sanguinetti-Codlyn with 29 years’ service, Mrs. Barbara Gee, who served for…
Director of Cayman Islands Children & Family Services retires
After 33 years of service to the Cayman Islands Government, Director of Children and Family Services Alicia E. (Jen) Dixon, MBE, will be retiring with effect from 1 September 2015. With a lifetime dedicated to service, Ms Dixon has unwaveringly…
