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More questions for 1MDB

By P Gunasegaram, malaysiakini QUESTION TIME So far, strategic development company, 1Malaysia Development Bhd or 1MDB has released two statement which attempt to answer many questions raised in two series of articles in KiniBiz and reports in other publications, as…

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Why US companies are drooling over Israel’s amazing startup scene

Julie Bort, provided by Business Insider from San Francisco Chronicle U.S. companies and investors are falling over themselves to get a piece of Israel’s startup action these days. There are at least two dozen accelerator programs in the Tel Aviv…

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Former MLA and founding UDP member found guilty of theft

Lyndon Leathan Martin (42), was found guilty of stealing $926 from the Parent Teachers Association (PTA) of the Creek and Spot Bay Primary School at a fundraising food sale in 2011. In Summary Court on Cayman Brac, Martin was found…

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David Cameron urges EU crackdown on tax evasion

By Bruno Waterfield, Brussels From UK Daily Telegraph David Cameron has written to European Union leaders demanding measures to tackle “staggering” levels of tax evasion that are damaging the revenues of governments at time of economic recession. In the letter,…

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3SBio Inc. announces Extraordinary General Meeting of Shareholders

SHENYANG, China, May 2, 2013 — /PRNewswire/ — 3SBio Inc. (NASDAQ: SSRX) (“3SBio” or the “Company”), a leading China-based biotechnology company focused on researching, developing, manufacturing, and marketing biopharmaceutical products, today announced that its extraordinary general meeting of shareholders (the…

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SteppingStones win Top Employer award

Recruitment specialists SteppingStones were recently awarded one of the most coveted accolades within Cayman’s business community – the Top Employer Award for 2013 in the small/medium employer category. This is the company’s second time to be shortlisted as a finalist…

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New York ruling helps ComputerLand founder fend off tax collector

By Karen Freifeld NEW YORK (Reuters) – Tech mogul William Millard may have escaped the tax man once again. Millard, who built ComputerLand Corp into a retail giant in the 1970s and 1980s, is wanted by the Northern Mariana Islands…

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STEP Appoints Judicial Member

The Honourable Anthony Smellie, Chief Justice of the Cayman Islands, has recently accepted an appointment as a Judicial Member of the Society of Trust and Estate Practitioners (STEP).  The Council of the Cayman Islands branch nominated the Chief Justice, noting…

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John Doe summons served on Wells Fargo has implication for Cayman

Pioneer of IRS ‘John Doe’ summonses to speak at OffshoreAlert Conference From OffshoreAlert Two days ago, the IRS obtained a court order that allows them to serve Wells Fargo Bank with a ‘John Doe’ summons as part of a criminal…