Digicel Group sees record $2.8b revenue
By Marina Mello, The Royal Gazette Digicel Group yesterday posted record revenue of $2.78 billion for the year ended March 31 with core profits of $1.2 billion. The mobile operator in Bermuda, the Caribbean, Central America and the Pacific, said…
Emergency budget expected to be tabled in LA
The Cayman Islands new government has issued a notice that it will be holding a session of the Legislative Assembly (LA) this Wednesday (26 June). The notice sent to all members on Friday (21) evening did not have any attachment…
Cayman Islands Healthcare Conference
The 4th annual Cayman Islands National Healthcare Conference will be held at The Ritz Carlton in Grand Cayman, Cayman Islands on October 17 – 19 2013. Registration opens Tuesday July 2nd, 2013 at: http://www.healthcareconference.ky/register.html Continuing Medical Education (CME) Certificates will…
Motions Unlimited’s Summer Camp
Motions Unlimited Summer Camp is the place to be this summer! Our camp is geared toward children ages 3 – 10 (must be potty trained). Our activity based program in our fully air-conditioned facility will keep all children occupied for…
COB’s corporate matching gift initiative doubles philanthropy
From Bahama islands info NASSAU, Bahamas — The Matching Gift Initiative, a new programme implemented through The College’s Alumni Relations and Development Office, now enables top Bahamian companies to match its employee’s donation dollars from alumni of The College of…
Fed’s Bullard: Bernanke QE bombshell was poorly timed
From Moneynews St. Louis Federal Reserve Bank President James Bullard worried that the Fed’s decision earlier this week to announce a plan to reduce bond buying was poorly timed, the regional Fed bank said in a statement on Friday explaining…
S Sudan ‘will not go to war’ over oil dispute
From AlJazeera President Salva Kiir accuses his Sudanese counterpart of “mobilising for war” after Bashir threatened to cut oil flow. The government of President Kiir denies supporting fighters in the north, the reason given for the dispute [Reuters] South Sudanese…
UDC signs $428m loan deal with QN
From Construction Week Online United Development Company (UDC), the builder of the Pearl-Qatar development, has announced that it has signed a $428.5m (QR: 1.56bn) loan deal with Qatar National Bank. The company said that the money would be used to…
Kroll Bond Rating Agency assigns Long-Term and Financial Strength Ratings to Caledonian Bank Limited
NEW YORK — Kroll Bond Rating Agency (“KBRA”) has assigned a long-term rating of BBB- to the senior deposits of Caledonian Bank Limited (“Caledonian” or “the Bank”), a commercial banking subsidiary of Caledonian Global Financial Services Inc., headquartered in Grand…
The Bahamas needs new and innovative ideas
From Bahama Islands info NASSAU, The Bahamas — Prime Minister the Rt. Hon. Perry G. Christie said in the wake of the seismic economic and financial crisis that has gripped the world economy over the last several years, the country…
