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A service for finance industry professionals · Sunday, October 6, 2024 · 749,421,127 Articles · 3+ Million Readers
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Cayman Islands Finance Industry Newswire

  • Published on Oct 3, 2024

    Bryan unaware referendum law will tackle finance rules

    (CNS): Tourism Minister Kenneth Bryan has said he was unaware whether or not the legislation being drafted in preparation for the three-question referendum on General Election Day will tackle the issue of campaign financing or even if it needs to. Yet the …

    Source: Cayman News Service - Neutral
  • Published on Oct 4, 2024

    CUC to raise $53M with rights offer to shareholders

    (CNS): Caribbean Utilities Company Ltd (CUC), Grand Cayman’s power provider, is hoping to raise US$51.3 million by offering its Class A ordinary shareholders the opportunity to buy additional shares. CUC said it intends to use the proceeds to finance …

    Source: Cayman News Service - Neutral
  • Published on Oct 4, 2024

    Social welfare overhaul reaches final stages

    (CNS): Two years after the Financial Assistance Act was passed in parliament and a year after the regulations were implemented, the Needs Assessment Unit will officially become the Department of Financial Assistance (DFA) on 10 October, as work continues …

    Source: Cayman News Service - Neutral
  • Published on Oct 4, 2024

    Bid opened on $150 million loan for UPM projects

    (CNS): The finance ministry has issued a request for proposals (RFP) from financial institutions for a CI$150 million loan facility. The borrowing was approved in the 2024/25 budget and is to cover the shortfall between the current UPM government’s …

    Source: Cayman News Service - Neutral
  • Published on Oct 4, 2024

    Alpha Star Acquisition Corporation Announces Receipt of Notice from Nasdaq Regarding Minimum Market Value Deficiency

    New York, NY, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Alpha Star Acquisition Corporation. (Nasdaq: ALSA) (the “Company”) announced that it has received a letter (the “Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) …

    Distribution channels: Banking, Finance & Investment Industry ...
  • Published on Oct 3, 2024

    TradeSta is Set to Launch their Alpha Test on Monday 7th October 2024

    TradeSta.io is seeking dedicated testers to join the Alpha phase and provide critical feedback on the platform’s Ethereum-based swap features. AJELTAKE, MAJURO, CAYMAN ISLANDS, October 3, 2024 /⁨EINPresswire.com⁩/ -- TradeSta.io, a next-generation …

    Distribution channels: Banking, Finance & Investment Industry ...
  • Published on Oct 4, 2024

    This ETF Is Your One-Stop Shop for Commodities

    Investors seeking to diversify their portfolio often turn to commodities for the low correlations to both stocks and bonds. One fund, the actively managed Neuberger Berman Commodity Strategy ETF (NBCM), offers enhanced diversification opportunities as it …

    Source: ETF Trends - Neutral
  • Published on Oct 3, 2024

    Luxembourg: A Compelling Jurisdiction for Asian Asset Managers to Access a Deeper Pool of European and Global Investors

    ​​​​​​​(A Hubbis Thought Leadership Event in Partnership with Lemanik Group and Arendt & Medernach) At the mid-September Hubbis Thought Leadership Event, in collaboration with Europe-based Lemanik Group and leading Luxembourg law firm Arendt & …

    Source: Hubbis - Neutral
  • Published on Oct 4, 2024

    Shania Samuel to Compete in Regional Police Pageant

    The event is scheduled for October 25 at 8pm at the John E. St. Luce Finance and Conference Centre, with tickets priced at $60. The pageant aims to promote unity among the law enforcement community across the region, following the theme “United We Serve.” …

    Source: Antigua.News - Uncategorized
  • Published on Oct 3, 2024

    Primeline Energy Holdings Inc. - Notice of Appointment of Joint Official Liquidators

    GRAND CAYMAN, Cayman Islands, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (In Official Liquidation) (the “Company”), with NEX Board of the TSX Venture Exchange (“TSXV”) trading symbol “PEH.H”, has been placed into Official Liquidation …

    Distribution channels:
  • Published on Oct 4, 2024

    Going, going, gone: Erosion reaching crisis point on Seven Mile Beach

    Erosion along Seven Mile Beach following Tropical Helene has worsened and expanded to the point where only a few slivers of sand remain along a mile-long stretch of once prime beach front. Bar owners, hoteliers, residents and holiday rentals are suffering …

    Source: Cayman Compass - Uncategorized
  • Published on Oct 4, 2024

    Renewed bid to licence and limit permit holders for fishing

    Government backbencher McKeeva Bush is seeking to resuscitate plans for a fishing licence regime with catch restrictions for work permit holders in the Cayman Islands. West Bay West MP McKeeva Bush in Parliament. – Photo: Parliament of the Cayman Islands …

    Source: Cayman Compass - Uncategorized
  • Published on Oct 2, 2024

    Nibiru Foundation Launches Venture Arm to Support Web3 Innovation

    [PRESS RELEASE – Cayman Islands, Grand Cayman, October 2nd, 2024] The Nibiru Foundation launches Nibiru Ventures, a strategic venture arm dedicated to supporting blockchain projects building natively in the Nibiru ecosystem. Through funding and guidance, …

    Source: CryptoPotato - Neutral
  • Published on Oct 2, 2024

    Sui Integrates SCION as a First-of-its-Kind Security Protocol for Network Validators

    [PRESS RELEASE – Grand Cayman, Cayman Islands, October 2nd, 2024] Sui becomes the first blockchain to enable the most secure modern alternative to the Border Gateway Protocol Sui, the Layer 1 blockchain offering industry-leading performance and infinite …

    Source: CryptoPotato - Neutral
  • Published on Oct 3, 2024

    UK hands back Chagos Islands - but will keep military base

    The UK has announced it is giving up sovereignty of a remote but strategically important cluster of islands in the Indian Ocean after more than half a century. The deal – reached after years of negotiations - will see the UK hand over the Chagos Islands to …

    Source: BBC - Public Broadcaster
  • Published on Oct 3, 2024

    Nibiru Foundation Launches Venture Arm to Support Web3 Innovation

    GRAND CAYMAN, Cayman Islands, Oct. 03, 2024 (GLOBE NEWSWIRE) -- The Nibiru Foundation launches Nibiru Ventures, a strategic venture arm dedicated to supporting blockchain projects building natively in the Nibiru ecosystem. Through funding and guidance, …

    Distribution channels:
  • Published on Oct 3, 2024

    Government Issues Loan Facility RFP for $150 million

    Government Issues Loan Facility RFP via Procurement Site The Ministry of Finance and Economic Development (MFED) has issued a Request for Proposal (RFP) via the Cayman Islands Government (CIG) official procurement site for the provision of a CI$150 million …

    Source: Caymanian Times - Neutral
  • Published on Oct 3, 2024

    Is the JFSC choking the golden goose?

    THE sign on the exterior of the swanky St Helier office may say the Jersey Financial Services Commission, but 14–18 Castle Street has another name among many of those who work in the Island’s finance industry: the Kremlin. It isn’t the worst thing the …

    Source: Jersey Evening Post - Neutral
  • Published on Oct 3, 2024

    Private pilots launch Bahamas travel alert

    By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net The world’s largest private pilots group yesterday issued a “travel advisory” alert on The Bahamas over “the substantial and egregious” fee increases imposed on the sector in the 2024-2025 …

    Source: The Tribune (Bahamas) - Neutral

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