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Cayman Islands: Off The Beaten Track Ultra-Marathon returns for 2018

One of Cayman’s most gruelling athletic events has returned for 2018 with the 9th annual Off The Beaten Track (OTBT) taking place on Sunday February 25th, 2018. This one of a kind race will lead participants on a 50KM ultra-marathon…

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Narayana Hrudayalaya plans Rs 500 cr expansion,to enter Africa

From the Times of India  Mumbai, Nov 19 () Leading private sector hospital chain Narayana Hrudayalaya has chalked out a Rs 500 crore expansion plan, which will see it entering high-value markets in the country over next three years as…

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India’s holdings of US govt securities jump to $145 billion

From The Economic Times WASHINGTON: Continuing to increase its exposure, India’s holdings of American government securities touched USD 145.1 billion at the end of September, official data showed. Remaining the 11th largest holder of the US Treasury securities, India increased…

Insurance for small islands in the Caribbean: The Caribbean Catastrophe Risk Insurance Facility (CCRIF)

From Insure Silence In September 2017, Hurricanes Irma and Maria caused severe devastation in the Caribbean: on the island of Barbuda, 95 per cent of all buildings were destroyed. Thousands of people in the Caribbean lost their homes. Such events…

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EIB, CDB commit $24 million to post-disaster Caribbean reconstruction

From St Kitts & Nevis Observer Bonn, Germany – The European Investment Bank (EIB) and the Caribbean Development Bank (CDB) have set up an emergency post-disaster reconstruction financing initiative to help the region recover from recent hurricane events. The arrangement…

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Narayana Hrudayalaya announces proposed change in shareholding of Health City Cayman Islands

From Capital Market Health City Cayman Islands to buyback 71.4% stake held by Ascension Health Ventures Narayana Hrudayalaya through its wholly owned subsidiary, Narayana Cayman Holdings holds 28.6% stake in Health City Cayman Islands. Health City Cayman Islands proposes to…

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Global automotive plastics market is estimated to exceed USD 66 billion by 2024

From WN The Global Automotive Plastics Market is poised to exceed USD 66 billion by 2024. The market is anticipated to grow at a healthy CAGR of over 13.5% from 2016-2024 (forecast period). Demand for interior & exterior furnishings &…

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David Jessop – Citizenship Programmes: A race to the bottom?

By David Jessop From Jamaica Gleaner In most nations of the Organisation of Eastern Caribbean States, the OECS, citizenship is available at a cost. It can be purchased by almost anyone who can afford it. There is no qualifying period…

New bond issue: Banco do Brasil, Grand Cayman Branch issued international bonds

(USP3772WAH53) with a 4.625% coupon for USD 1,000.0m maturing in 2025 October 19, 2017 – Cbonds October 18, 2017 Banco do Brasil, Grand Cayman Branch issued international bonds (USP3772WAH53) with a 4.625% for USD 1,000.0m maturing in 2025. Bonds were…

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The Caribbean region offers a prime location for Business Process Outsourcing Services

Bridgetown, BARBADOS, October 17, 2017. The global market for business process outsouring (BPO) is currently valued at USD $1 trillion with cross-border outsourced services trade between countries estimated at US$88.9 billion per year in 2015. The Caribbean is carving out…