Expedia’s Hotels.com passes 25 Million App Downloads
By Doug Tsuruoka, Investor’s Business Daily Expedia’s (EXPE) unit Hotels.com said Tuesday that its mobile travel apps have been downloaded over 25 million times globally, setting a milestone for the hotel booking unit. Hotels.com also says it’s launched a new…
China’s Qunar looks to mobile to hone strategic edge
By Doug Tsuruoka, Investor’s Business Daily Baidu-backed Chinese online travel agency Qunar sees mobile travel bookings as a crucial part of its strategy to keep grabbing market share and remain China’s most-visited online travel website. Qunar — the name means…
Asia Frontier Capital launches Vietnam Fund
From FIN Alternatives Asia Frontier Capital Limited has launched a Vietnam-focused fund. The open-ended, Cayman-domiciled AFC Vietnam Fund, available for subscription to qualified new investors as of December 10, will invest in Vietnamese listed equities. The fund has a target…
Tingyi Considers Food Acquisitions With $1.6 Billion War Chest
By Bloomberg News December Tingyi (Cayman Islands) Holding Corp. (322), PepsiCo Inc.’s Chinese partner, is considering buying instant food businesses to boost growth after annual sales expanded at the slowest pace in eight years. The maker of Master Kong brand…
The Editor Speaks: Disappointed in Miller’s stance against conservation bill
North Side’s Independent Member of the Legislative Assembly, Ezzard Miller, is on the attack again. Whilst I have supported him in nearly all his previous tirades against government shenanigans (my word) and bringing to light corruption that would have probably…
The Cayman Islands Stock Exchange announces its 200th catastrophe bond listing
George Town, Cayman Islands, 2 December, 2013 The Cayman Islands Stock Exchange (CSX) today announced its 200th catastrophe bond listing following the admission to listing of $150 million principal at-risk variable rate notes issued by Residential Reinsurance 2013 Limited. The…
Appleby acts as Cayman counsel for PW Medtech’s listing on HK Stock Exchange
From Appleby Appleby has acted as Cayman counsel for PW Medtech Group in relation to its listing on the Main Board of the Hong Kong Stock Exchange on 8 November 2013, with net proceeds of approximately HKD1.4bn (approximately $188m), including…
Cayman Islands SPVs and US FATCA (Including Cayman CLO Issuers)
Article by Alasdair Robertson, Mark S Matthews, Scott Macdonald and Nicola Bashforth From Maples & Calder Updated: 2 December 2013 Further to our prior client updates on the US Foreign Account Tax Compliance Act (“FATCA”), we are pleased to confirm…
Addressing our ‘grave economic crisis’
By Ronald Sanders From Trinidad Express In a commentary on the statement by St Lucia Prime Minister Dr Kenny Anthony that there is a grave economic crisis gnawing away at Caribbean coun- tries and “governments are busy looking inward rather…
Qunar appoints Denise Peng as COO
BEIJING, Dec 03, 2013 (GLOBE NEWSWIRE via COMTEX) — Qunar Cayman Islands Limited QUNR -2.20% (“Qunar” or the “Company”), China’s leading search-based travel commerce platform, today announced the appointment of Ms. Denise Peng as the Company’s chief operating officer (“COO”),…
