Search Result for: securities
23 results found.
Hilton Signs Deal for Waldorf-Astoria Residential Resort in Costa Rica
Following this year’s debut of the new Waldorf Astoria in Cancun, Hilton has announced plans for another Waldorf in the wider region. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment […]
Waldorf Astoria Is Expanding to Costa Rica With Residential Resort
By Alexander Britell To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe today to unlock this […]
Here’s How U.S. Law Applies To Any Company Doing Business In Cuba
By some estimates, when Cuba transitions to a market-oriented economy and resolves its various disputes with the U.S., the island nation will require more than $50 billion of investment to modernize its economy. Recent improvements in U.S.-Cuba relations have opened […]
Manny Pacquiao Visits Cayman Islands
Boxing legend Manny Pacquiao visited the Cayman Islands this week to launch a major new sports project in Grand Cayman. The event is part of the first phase of a large-scale redevelopment of the Haig Bodden Playing Field, which is […]
Dominican Republic Hotel Association Names New President
The Dominican Republic’s Hotel and Tourism Association (ASONAHORES) has named Joel Santos Echevarria its new president. The election was held during the organization’s annual general meeting this week. Echevarria has previously served as president of the association and has served […]
Another New Hotel Coming to Bocas del Toro, Panama
Above: Mantra By the Caribbean Journal staff Another new hotel is in development in Bocas del Toro off the Caribbean coast of Panama. London-based Union Hanover Securities has launched its second hotel in the area, Mantra. The property, which will […]
Jamaican House Passes Anti-Ponzi Scheme Legislation
Above: Jamaica’s Parliament By the Caribbean Journal staff Jamaica’s House of Representatives passed new legislation this week aimed at combating the creation of Ponzi or pyramid schemes. The Securities (Amendment) Act will enhance regulation of the securities industry by Jamaica’s […]
IMF Approves Disbursement of $30.6 Million to Jamaica
Above: Kingston (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $30.6 million disbursement to Jamaica. The move follows the completion of its first review of the country’s performance under an economic programme […]
Cayman Islands, Brazil Sign Tax Information Exchange Agreement
Above: Georgetown (CJ Photo) By the Caribbean Journal staff The Cayman Islands has signed a tax information exchange agreement with Brazil, its 31st such international agreement. The treaty, which was signed on Tuesday, seeks to build on business relationships already […]
S&P Downgrades Grenada Credit Rating
Above: Grenada (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered its foreign and local currency sovereign credit ratings on Grenada to “SD” from “CCC+/C,” citing the announcement that the country would not pay its coupon due […]
Grenada Plans to Restructure Debt
Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s government will undertake a “comprehensive and collaborative restructuring of its public debt, it announced this weekend. The government said “circumstances have forced” the move, which will include its US and […]
US Virgin Islands Investment Advisor Arrested for Multimillion-Dollar Fraud
Above: St Thomas By the Caribbean Journal staff James Tagliaferri, who managed and controlled TAG Virgin Islands, a Virgin Islands-based investment firm, was arrested in St Thomas Friday for a allegedly executing a scheme to defraud TAG clients, US Attorney […]
Standard & Poor’s, Fitch Downgrade Jamaica Credit Rating
Above: Kingston (CJ Photo) By the Caribbean Journal staff Standard & Poor’s and Fitch have each downgraded Jamaica’s sovereign credit rating following the country’s announcement of a debt exchange offer on Monday night. The moves came after Jamaica announced a […]
Trinidad Finance Minister: Requirements of US FATCA Law “Onerous”
Above: Trinidad Finance Minister Larry Howai (Photo: MF Trinidad) By the Caribbean Journal staff Trinidad and Tobago Finance and Economy Minister Larry Howai is describing legislation being introduced by the United States on foreign financial institutions as “onerous.” The Foreign […]
S&P Raises Grenada’s Foreign Currency Rating After Coupon Payment
Above: Grenada (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has raised Grenada’s foreign currency sovereign credit ratings on Grenada Tuesday after the country made a coupon payment it had earlier missed. The country’s rating has been raised […]
Grenada Government: Standard and Poor’s Ratings Action “Premature”
Above: St George’s (CJ Photo) By the Caribbean Journal staff Standard & Poor’s decision to lower Grenada’s foreign currency ratings this week following a missed bond payment was “premature,” the country’s government said in a statement. Grenada said that the […]
Talking Caribbean Real Estate With Coldwell Banker’s Jim Reed
Above: the “Happy Ours” home on Harbour Island in the Bahamas (Listing: Coldwell Banker) While the Caribbean real estate market was impacted by the recession, it is beginning to show signs of growth. And at the centre of the regional […]
Op-Ed: Money Laundering in Jamaica
By Ramesh Sujanani Op-Ed Contributor Jamaica recently welcomed a new head of the FID, an organization which has much to do with cash, currencies and their movement in Jamaica, along with maintaining a liaison with overseas administrators of similar programmes. […]
Cayman Stock Exchange, Deutsche Boerse Sign Deal on Trading Platform
Above: Cayman By the Caribbean Journal staff The Cayman Islands Stock Exchange has signed an agreement with Deutsche Boerse for the use of its XETRA trading platform. The new platform will go live at the Cayman exchange, CSX, in the […]
Jamaica’s Phillips Urges Credit Unions to Comply with International Regulations
Above: Jamaican Finance Minister Peter Phillips By the Caribbean Journal staff Jamaican Finance Minister Peter Phillips is urging the country’s credit unions to promote the need to adhere to international financial regulations. “The global environment is now requiring us to […]
R Allen Stanford Gets 110-Year Sentence for Antigua-Based Fraud Scheme
Above: Casey Federal Courthouse in Houston By the Caribbean Journal staff Financier R Allen Stanford has received a 110-year prison sentence for orchestrating a 20-year investment fraud scheme in which he misappropriated $7 billion from his Stanford International Bank. The […]
Chinese Companies Setting Up in Cayman
Many Chinese firms have chosen to create shell companies in the Cayman islands in order to control businesses back in China, according to the Wall Street Journal. Because they are in Cayman, they can issue American depository receipts that trade […]
Cayman Passes Changes to Companies Law
Caymanian legislators passed three laws yesterday aimed at bringing financial services in the Cayman Islands in line with international standards. The three laws were the Companies (Amendemnt) Bill 2011 and two companion bills — the Securities (Amendment) Bill and the […]
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