SpaceTech is Venture Capital’s final frontier
By David Cowan From Techcrunch Throughout history, the exploration of new frontiers has yielded economic bounties in the forms of resources, living space, military advantage, and scientific research. Today, our new frontiers lie in space, which humanity must eventually colonize…
iNews Briefs
Joel Walton, Cayman Islands MACI CEO, arrested and charged with assault on female The Chief Executive Officer of the Maritime Authority of the Cayman Islands (MACI) Shipping Registry, Joel Walton, was arrested just after midnight on Wednesday 25th February by…
Alibaba, Tencent spark battle for virtual red envelopes during ‘China’s Super Bowl’
By George Chen From South China Morning Post Hundreds of millions of Chinese, especially the younger generation, were all busy with just one thing on Lunar New Year’s eve: trying to grab as many virtual “red envelopes” online as they…
Avoiding conflicts of interest in director selection
From Cayman Funds First Published 01-04-2012 It is important that a fund’s directors include individuals with no conflicts of interest, and there are pros and cons to selecting them from some of the more obvious sources of candidates. Philip Dickie…
Transforming Caribbean economies with a new energy fund- Trinidad Guardian
From Government of the Republic of Trinidad & Tobago The creation of a new energy fund, with the help of the Inter American Development Bank (IDB), could help save the sluggish Caribbean economies from collapse, says Planning Minister Dr Bhoe…
Promising prospects for CARICOM Customs harmonisation process
[St John’s, Antigua – February 27, 2015] Representatives from CARICOM Member States have, from 23 to 27 of February, further developed the guidelines for improvements in customs procedures across the Caribbean region, ultimately aiming to boost the region’s competitiveness and…
Strong uptake in private placement as Jersey funds industry reaches seven year high
From Jersey Finance A strong performance in Jersey’s funds sector in 2014 has seen the value of fund assets administered in the jurisdiction increase by almost one fifth year-on-year to reach the highest level in seven years. The latest figures…
iNews Briefs
Cayman Islands telecommunications provider offers bonus credit for mobile service problems Cayman Islands telecommunications provider LIME has announced that prepaid customers who were without service Tuesday (24) will get double credit. This will apply to any prepaid customer who topped…
BVI makes fact-finding trip to the Cayman Islands
A British Virgin Islands (BVI) delegation recently traveled to the Cayman Islands to gather first-hand knowledge about local laws and procedures that address refugees and the processing of asylum requests. Deputy Secretary (Atg) in the BVI Premier’s Office Geraldine Ritter-Freeman…
Appleby: Bermuda tops deal value in 2014 Q4 [Cayman well placed]
From Bernews With more than USD20bn in M&A deals and IPOs announced in the fourth quarter of 2014, Bermuda saw a higher cumulative deal value than any other offshore jurisdiction, according to a report released today [Feb 26] by Appleby….