RPT-Fitch Rates Kasikornbank’s Senior Notes Final ‘BBB+’
Wed Apr 23, 2014 2:12pm IST Fitch Ratings has assigned Kasikornbank Public Company Limited’s (KBank; BBB+/Stable) USD350m senior unsecured notes due October 2019 a final rating of ‘BBB+’. The notes are issued under KBank’s USD2.5bn euro medium term note (EMTN)…
Airlines increase fares to Caribbean
Airlines increase fares to Caribbean just WEEKS after Chancellor announces tax cut on flights to the holiday islands From Daily Mail UK Airlines have increased fares to the Caribbean just weeks after Chancellor George Osborne announced Air Passenger Duty on…
New LIAT CEO takes office
ST. JOHN’S, Antigua, April 22, 2014 – The newly appointed CEO of LIAT – The Caribbean Airline – arrived from the United Kingdom on Sunday with a promise to listen to staff to determine how to improve the regional carrier….
CIFEC students gain valuable experience at Intertrust
George Town, Grand Cayman, 23 April 2014: During the 2013-2014 school year, Intertrust Corporate Services (Cayman) Limited welcomed eight students from the Cayman Islands Further Education Centre (“CIFEC”) to join their team in various roles as a part of the…
1MDB placed RM12.5bil out with foreign fund managers
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…
Haines all set to raise his $1M for Hospice
Veteran long distance runner Derek Haines collected a cheque from former Rotarian, Peter Kandiah, for $100,000, and is confident he will raise the $1M challenge he has set himself for Cayman HospiceCare. Haines intends to run six marathons this year…
The Caribbean engaging the world in Financial Services
Article by Gonzales Jalles Cayman Finance The Caribbean Export Development Agency, in partnership with the Government of The Bahamas, recently organised a regional summit with focus on financial services and how the economies in the region can grow that industry…
MICA “Drops the Puck” on a National Spectrum Plan System
Brades, Montserrat – The Montserrat Info-Communications Authority (MICA) completed the implementation of its new enterprise software system designed to manage the island’s National Spectrum Plan. MICA is the local authority responsible for managing all of Montserrat’s telecommunications licensing and the…
Michael Ashcroft’s Belize Bank seeks to enforce US$18 m award against Belize Government
From OffshoreAlert Belize Bank Ltd. v. Belize Government: Petition to Confirm Foreign Arbitration Award The Belize Bank Limited, which is controlled by British businessman and political activist Michael Ashcroft, has filed a petition at federal court in Washington, D.C. to…
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iNews Briefs
Cayman Crimestoppers offers reward top-up thefts Cayman Crime Stoppers has launched an official appeal for information concerning damage to and thefts from mobile phone top-up machines between 17-Jan-2014 and 19-Mar-2014 at 1203 North Side Road, Welly’s Cool Spot at 110…
