2-Power project win for Malaysia’s 1MDB bolsters IPO prospects
By Yantoultra Ngui and Saeed Azhar KUALA LUMPUR/SINGAPORE, Feb 28 (Reuters) – A planned $2 billion IPO of Malaysia Development Bhd’s (1MDB) power assets got a major boost on Friday after the sovereign wealth fund won a closely contested government…
iNews Briefs
Cayman’s first female Governor to be Cayman’s first female Chief Scout On Sunday March 2nd at Elmslie Memorial Church, Harbour Drive, George Town, Cayman’s first female Governor, H.E. Helen Kilpatrick, will become Cayman Islands first female Chief Scout. The special…
Margaritaville Caribbean eyes four more destinations
By Steven Jackson Business reporter From Jamaica Observer MARGARITAVILLE Caribbean expects to expand to four additional territories in the medium term led by St Thomas. The move would result in a seven-territory operation. “We see growth opportunities and have developments…
Believe It: Sexually suggestive street names hurt home values
By John Maxfield from The Motley Fool Do you live on Dutch Oven Avenue in Salem, Ore., and own a vacation house on One Hoe Lane in the Caribbean island of Saint Martin? If so, then I have bad news…
Why are some Canadian companies paying almost no tax?
By Duncan Hood From Canadian Business The government has been creating tax loopholes for business while clamping down on regular taxpayers How much income tax do you pay? Forty per cent? More? Lately the government has become obsessed with making…
Caribbean export urges private sector to take advantage of available funds
From Belize Invest Bridgetown, BARBADOS, February 28, 2014. Caribbean Export Development Agency (Caribbean Export) urges the regions private sector to take advantage of the funds made available under the Direct Assistance Grant Scheme facilitated by the Agency as part of…
Qunar reports fourth quarter and fiscal year 2013 financial results
BEIJING, Feb 27, 2014 (GLOBE NEWSWIRE via COMTEX) — Revenue Growth Accelerates in the Fourth Quarter Company Announces US$300 Million Revolving Credit Facility from Baidu Qunar Cayman Islands Limited QUNR -1.53% (“Qunar” or the “Company”), China’s leading search-based travel commerce…
St Lucian film producer to head out on Caribbean tour
St. Lucian award-winning film producer, Mathurine Emmanuel, is set to embark on a Caribbean Film Export Tour during March and April. The tour will include stops on several islands including Dominica, Grenada, Antigua and St. Vincent. On these islands, Emmanuel…
Caribbean countries with fixed currencies should not entertain devaluation – Worrell
By Ernie Seon From Caribbean360 Governor of the Central Bank of Barbados, Dr. Delisle Worrell is urging Caribbean countries with fixed currencies, not to entertain the thought of any devaluation as a means of restoring stability to their economies. BRIDGETOWN,…
CEC: It’s not lost revenue – it’s revenue we wouldn’t have had
Part 2 This is Part 2 of the interview I had last month with Charlie Kirkconnell, Chief Executive Officer, and Hilary McKenzie-Cahill, Vice President of Marketing at Cayman Enterprise City (CEC). CEC is in the final negotiations in acquiring land…
