August 18, 2022

Cayman meets Shaman: The healing powers of your island escape

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By Suzanne Gerber From Travel Zoo Let’s be honest: Merely touching down in the Cayman Islands gives you a wellness boost. Over the last several years, study after study has found that being in, on, under or near the water—hi, daily Caymanian life!—can have profound mental and physiological benefits. But that baseline sense of well-being is just the beginning […]

1MDB pulls out of the Cayman Islands

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By Martin Carvalho, Yuen Meikeng, and Loshana K. Shagar from The Star 1MALAYSIA Development Bhd’s (1MDB) RM7.18bil in offshore accounts in the Cayman Islands is expected to be channelled back to the country by December. “Sixty per cent of the money is already back. The remaining 40% will be brought back by the end of […]

1MDB placed RM12.5bil out with foreign fund managers

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From The Star PETALING JAYA: 1Malaysia Development Bhd (1MDB) has placed out a total of US$3.8bil (RM12.5bil) in the hands of overseas fund managers, based on the details of its accounts for the financial year ended March 31, 2013. The fund, which started in 2009 with a capital of RM5bil raised through government guaranteed papers, […]