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Five year visa expected to boost business

Five year visa expected to boost business

| 28/05/2015 | 0 Comments

(CNS Business): A new multiple-entry visa aimed at business people and tourists who visit the Cayman Islands regularly is now available to qualified travellers. This increases the time period by two years on the old maximum limit of three years. Officials said they were confident that the new visa would encourage successful applicants to travel […]

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C&W to use post hurricane drone technology

C&W to use post hurricane drone technology

| 27/05/2015 | 0 Comments

(CNS Business): With hurricane season just around the corner, telecoms provider Cable & Wireless Communications (C&W) is investigating the use of drone technology as an approach to restoring network communication during the aftermath of a natural disaster, making them the first to introduce drone surveillance in the region. Adopting this type of technology, official said, […]

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Cayman remains offshore deal leader

Cayman remains offshore deal leader

| 21/05/2015 | 1 Comment

(CNS Business): While the number of offshore deals took a plunge in the first quarter when compared to the previous quarter for the Cayman Islands, reports show the significant spike in the average deal size is what keeps the islands on the map as the busiest jurisdiction for offshore transaction at the start of 2015. 

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HCCI encourages healthcare careers

HCCI encourages healthcare careers

| 21/05/2015 | 0 Comments

(CNS Business): Health City officials are gearing up for round two of their summer student internship programme that teaches school students about the various healthcare professions available. After a successful first year, hospital officials said they have agreed to increase the number of students allowed in the programme up to 24 between June and August. 

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MLA steering towards public transport plan

MLA steering towards public transport plan

| 21/05/2015 | 4 Comments

(CNS): Joey Hew has revealed that he is working on a national public transport plan to drive people on to buses and off the increasingly congested roads. The backbench government MLA said that Cayman cannot keep building roads to accommodate the growing traffic congestion. Speaking in the Legislative Assembly on Wednesday, Hew, who is a […]

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CJ says rights to open justice not absolute

CJ says rights to open justice not absolute

| 14/05/2015 | 0 Comments

(CNS Business): Cayman Islands Chief Justice Anthony Smellie has said that courts have to adopt a “principled, pragmatic and flexible” approach when it comes to balancing the right to open justice and public access in trust cases.  Delivering a speech as the recent Transcontinental Trusts Bermuda conference, Cayman’s top judge spoke about the need for […]

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Commuting judge starts work in court’s FSD

Commuting judge starts work in court’s FSD

| 14/05/2015 | 0 Comments

(CNS): A judge who is commuting some 4,000 miles to his new job in the Financial Services Division of the began hearing cases recently. A new non-resident judge, Justice Nick Segal, will serve in Cayman from time to time as required. A specialist in financial, commercial and insolvency law and litigation, Segal has been immersed […]

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May is ‘Putting Investors First Month’

May is ‘Putting Investors First Month’

| 14/05/2015 | 0 Comments

(CNS Business): The CFA Society Cayman Islands will join other CFA Societies from around the world to recognize May as “Putting Investors First Month”, a global movement that seeks to build awareness and unite investment professionals in a commitment to place investor interests above all others. 

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Shetty hospital hopes for major patient jump

Shetty hospital hopes for major patient jump

| 13/05/2015 | 1 Comment

(CNS Business): Health City Cayman Islands marked a major milestone on Wednesday when it announced that it had received accreditation from the Joint Commission International (JCI). This means that Dr Devi Shetty’s first and only hospital outside India can now begin to target the US market in earnest as first intended. The hospital’s goal is […]

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Caymankind to be refreshed for summer

Caymankind to be refreshed for summer

| 15/05/2015 | 0 Comments

(CNS Business): The Department of Tourism said when it comes to marketing the Cayman Islands as the perfect Caribbean getaway they want to “stand out from the crowds” and show visitors the islands are more than “just a lot of sand, sea and sun”. DoT officials said it’s time to update their branding and advance […]

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CUC increases customers but earnings fall

CUC increases customers but earnings fall

| 11/05/2015 | 0 Comments

(CNS): Grand Cayman’s power company reported a slight drop in sales during the first quarter of 2015, despite growing its customer base by some 2%. During the first three months of this year CUC saw 435 more customers connected to the grid than in 2014 and at 31 March it had 27,873 customers. But officials […]

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Water firm racks up early profit from cut in power costs

Water firm racks up early profit from cut in power costs

| 11/05/2015 | 0 Comments

(CNS Business): The private company that supplies West Bay with water and manages a desalination plant made a profit in the first quarter of 2015 despite a fall in sales because of a cut in its electricity bill. In a press release covering Consolidated Water’s first quarter results for 2015, company officials said total revenue […]

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ICTA to set rules of local TV content

ICTA to set rules of local TV content

| 11/05/2015 | 0 Comments

(CNS Business): The Information and Communications Technology Authority (ICTA) is changing the framework of  licence obligations for cable TV and redefining what “local content” means for broadcast carriers in the Cayman Islands. The television regulators told CNS Business they are also looking into creating a universal service fund to collect fees from cable companies to […]

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Unethical businesses must adjust to new copyright laws

Unethical businesses must adjust to new copyright laws

| 08/05/2015 | 0 Comments

(CNS Business): Modernising Cayman’s copyright laws will bring financial benefit to the islands but it will impact some local businesses and they will have to adjust or find another line of business, according to Commerce Minister Wayne Panton. He said, “You can’t have your cake and eat it too.” 

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‘LIME’ brand to be replaced by ‘Flow’

‘LIME’ brand to be replaced by ‘Flow’

| 07/05/2015 | 7 Comments

(CNS Business): Cable & Wireless Communication (CWC) officials said it’s time to say “goodbye” to the brand name LIME and “hello” to the new brand name Flow. LIME’s parent company, CWC, announced on Wednesday it will soon change its name to FLOW in the Cayman Islands and other markets throughout the Caribbean. This announcement comes […]

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