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Recent Articles

Bermuda Sun closes it doors

Bermuda Sun closes it doors

| 28/07/2014 | 1 Comment

(CNS): The Bermuda Sun is to close down following its final publication on July 30 after serving the island 50 years. The newspaper’s management said that “the decline in advertising revenues over the past decade, exacerbated by the challenging economic climate and the impact of digital media on the print industry, has made it increasingly […]

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Rationalization success depends on implementation team

Rationalization success depends on implementation team

| 28/07/2014 | 0 Comments

(CNS): The Cayman Islands Chamber of Commerce encourages the government to be transparent and to share the EY report on government rationalization, which is expected this week. However, Chamber President Johann Moxam said it was “imperative” that the government then puts together a competent and professional implementation team. “That is the key to the overall […]

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Property market grows by 20%, agents claim

Property market grows by 20%, agents claim

| 24/07/2014 | 0 Comments

(CNS Business): Real estate agents have plenty to smile about at present as their industry associations said that more than a 100 more sales took place in the first half of this year than last. According to statistics compiled and released by the Cayman Islands Real Estate Brokers Association (CIREBA), the value of Cayman Islands […]

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Articled Clerk at Campbells passes PPC with distinction

Articled Clerk at Campbells passes PPC with distinction

| 23/07/2014 | 0 Comments

(CNS Business): Local law firm Campbells has announced that Dr Laetitia Bush has passed the legal Professional Practice Course at the Truman Bodden Law School with distinction and will be starting her articles with the firm in August 2014. Laetitia began her career in the field of Entomology and possesses a BSc in Biology and […]

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Jersey-based company expands to Cayman

Jersey-based company expands to Cayman

| 23/07/2014 | 0 Comments

(CNS Business): Enhance, a  provider of investment oversight services in the fiduciary sector, say the opening of their new office in the Cayman Islands is a result of the thriving trust business in this jurisdiction as well as the company’s significant growth over the last year, including an increase in clients with Caribbean-based interests. Lee […]

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Sweet treats reap funds for Cayman’s ARK

Sweet treats reap funds for Cayman’s ARK

| 23/07/2014 | 0 Comments

(CNS Business): Following another successful and much anticipated charitable bake sale, the staff of Maples and Calder’s Corporate Services department raised CI$2,000 for Cayman’s ARK (Acts of Random Kindness). The proceeds of the sale will aid a local family in need, to help defray mounting medical treatment costs for their child. Tara Nielsen of Cayman’s […]

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Labour department sows safety seeds

Labour department sows safety seeds

| 22/07/2014 | 0 Comments

(CNS Business): A group of thirteen landscape workers had the benefit of health and safety training from the labour department’s health and safety expert recently, which the department’s director said would not only keep workers safe but keep customers happy. Senior Labour Inspector Gene Hydes led the presentations on landscaping hazards, safe work practices, what to […]

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Appleby donates to 10 local charities

Appleby donates to 10 local charities

| 22/07/2014 | 0 Comments

(CNS Business): Leading offshore firm, Appleby, announced today the success of its inaugural charity day, handing out cheques to a large number of well-known local charities. Following a week’s advertising campaign, local charities seeking sponsorship were invited to present to the firm’s charity committee made up of a cross-sector of staff, including partners. 24 applications […]

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New OECD standards criticized

New OECD standards criticized

| 22/07/2014 | 0 Comments

(CNS Business): An organisation that campaigns for transparency in the international financial system has criticised the Organization for Economic Cooperation and Development’s released detailed guidelines, released Monday, on the common reporting standard for automatic exchange of financial information. The Financial Transparency Coalition (FTC) said the OECD plan “inches closer to implementation of a global standard but continues […]

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Government seeking holistic approach to job seekers

Government seeking holistic approach to job seekers

| 17/07/2014 | 0 Comments

(CNS Business): The National Workforce Development Agency is looking to partner with other agencies for those clients looking for work who have needs above and beyond what the NWDA can offer, according to the Employment Minister Tara Rivers. For example, they will be working with the Department of Children and Family Services for those clients […]

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Walkers celebrates 50 years with alumni gathering

Walkers celebrates 50 years with alumni gathering

| 15/07/2014 | 0 Comments

(CNS Business): Deputy Governor Franz Manderson and Financial Services Minister Wayne Panton, both former Articled Clerks at Walkers, were among the guests at the firm’s 50th Anniversary celebrations, which it celebrated by hosting a special Alumni Evening for the many articled clerks who have undergone legal training with them over the years. A large number […]

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National Internship Programme launched

National Internship Programme launched

| 14/07/2014 | 0 Comments

(CNS Business): The target group for the National Workforce Development Agency’s new National Internship Programme is college students studying locally or abroad, according to Employment Minister Tara Rivers. However, she said it is also open to others who may want to “try before they buy” regarding their career path.  Chaquira Hodgson is the first intern […]

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Commentary: FATCA and the rush to register

Commentary: FATCA and the rush to register

| 14/07/2014 | 0 Comments

The plethora of recent regulation means that clients are now well versed in deploying technology to address compliance concerns. Unfortunately, many opted to pursue point solutions for each regulatory thread and are now looking at integration projects to bring it all together, writes Chris Eaton, Executive Vice President, Blue Bison Software.

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CICC offers free workshop for start-ups

CICC offers free workshop for start-ups

| 14/07/2014 | 0 Comments

(CNS Business): Local small business owners and would-be entrepreneurs are invited to a free workshop next week at the Chamber of Commerce. The two-day course will be led by Anne Knowles, the Senior Specialist, Employers’ Activities at the International Labour Organisation (ILO), and Kelvin Sergeant, a Specialist for Sustainable Enterprise Development and Job Creation at […]

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Chamber to hosts minimum wage seminar

Chamber to hosts minimum wage seminar

| 14/07/2014 | 0 Comments

(CNSBusiness): A specialist in labour practices is visiting the Cayman Islands next week and will be hosting a presentation at the Chamber of Commerce on a minimum wage. Anne Knowles, the Senior Specialist, Employers’ Activities, Caribbean Office, International Labour Organisation has extensive experience and knowledge in labour matters throughout the region and globally. The Progressive […]

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US federal contracts denied to firms in ‘tax havens’

US federal contracts denied to firms in ‘tax havens’

| 14/07/2014 | 0 Comments

(CNS Business): The Cayman Islands and Bermuda were targeted by  the US House of Representatives Congress last week when it voted to prevent companies that moved to the two jurisdictions from the US from winning certain energy and water federal contracts. Other low-tax counties, such as Ireland and Switzerland, were not included in the amendment […]

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‘Vast improvements’ at NWDA

‘Vast improvements’ at NWDA

| 14/07/2014 | 0 Comments

(CNS): Generally the feedback about the changes that have happened at the National Workforce Development Agency have been positive, according to Employment Minister Tara Rivers, who said that a number of clients have noticed the vast improvements from where the agency was a year ago. This includes a new upfront assessment system to identify people […]

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New airport would change tourism on Little Cayman

New airport would change tourism on Little Cayman

| 14/07/2014 | 0 Comments

(CNS Business): The PPM government has announced its intention to develop an entirely new airport on Little Cayman, but Neil van Niekerk, Manager of the Southern Cross Club says this would completely change the tourism product the island offers. It is probably the single most photographed thing on the island,” he said. Plans to build a […]

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Adaptive diving: a life changing experience

Adaptive diving: a life changing experience

| 14/07/2014 | 0 Comments

(CNS Business): Becca Brown, a veteran “Dive Pirate” recently visited Cayman Brac with a group that includes divers with physical disabilities, which visits the island every summer. She said diving opened up a lot of opportunities for her, “to do a lot of things and go to a lot of neat places”. This is Brown’s fourth […]

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Blencathra to apologise to House of Lords

Blencathra to apologise to House of Lords

| 14/07/2014 | 0 Comments

(CNS Business): The former director of the Cayman Island’s London office, Lord Blencathra, was found to have broken the rules by lobbying Parliament and MPs by the Commissioner for Standards in the UK’s House of Lords and has been ordered to apologise to the House for the inclusion in the first contract he signed with the Cayman Islands […]

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Harris takes tourism reins

Harris takes tourism reins

| 13/07/2014 | 0 Comments

(CNS Business): Government officials have revealed that industry veteran Rosa Harris has been formally appointed as the director of tourism after seven-and-a-half years at the department and some 14 years in the sector. A Caymanian from George Town, Harris who is a graduate of Ivy League school Cornell University with an MBA from Manchester University, […]

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