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…
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iNews Briefs, More & Community Events
Community Events Ministry of Education, Employment and Gender Affairs will be hosting public meetings in every district, including Cayman Brac, to discuss the Education Bill, 2015 and gain the public’s feedback on the proposed changes. The meetings will be 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…
Walkers boosts Cayman Islands practice with two attorney hires
Grand Cayman 29 June 2015 – Walkers is very pleased to welcome two new hires into its Cayman Islands office: Stuart Rowe and Brett Basdeo. Stuart and Brett are significant hires for Walkers and Walkers is delighted to have them…
Tethys Petroleum Limited Press Release: Exclusivity Period Extension
CAYMAN, CAYMAN ISLANDS, Jun 29, 2015 (Marketwired via COMTEX) — Tethys Petroleum Limited (“tethys” or “the company” (tsx:TPL) (TPL) is pleased to announce that it has agreed to extend the current exclusivity period with AGR Energy Limited No. 1 (“AGR…
In the future, employees won’t exist
By Tad Milbourn From Techcrunch Tad Milbourn is CEO and co-founder of Tiempo. Contract work is becoming the new normal. Consider Uber: The ride-sharing startup has 160,000 contractors, but just 2,000 employees. That’s an astonishing ratio of 80 to 1….
Sony fails to shake data-breach suit
By Marisa Kendall, From The Recorder SAN FRANCISCO — A federal judge ruled Monday that employees of Sony Pictures Entertainment Inc. whose personal information was exposed in last year’s data breach have standing to sue even if they can’t prove…
Caribbean: WB report proposes new directions to boost trade in the region
From Dominican Today June 16, 2015– A new World Bank report released today at the Third Regional Caribbean Growth Forum, suggests that the rapidly changing environment for Caribbean exports presents both new opportunities and challenges for economies highly dependent on…
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Making air transport work better for the Caribbean
Report commissioned by the Economics Department of the Caribbean Development Bank (CDB) From The Caribbean Development Portal Source: Caribbean Development Bank (CDB) Making air transport work better for the Caribbean Authors: Ian Brunton, David Warnock-Smith Year: 2015 From the document:…
