Archive for August, 2014
Chamber wants to partner with government
(CNS Business): The Cayman Islands Chamber of Commerce wants the same thing that the government does, according to its president, Johann Moxam, who says that there seems to be some reluctance on the part of the government, including the National Workforce Development Agency, “to really sit down at the table and have a candid and […]
LIME calls for duty free smartphones in Caribbean
(CNS Business): LIME Caribbean CEO, Martin Roos, has called on regional government ministers to remove taxes on smart phones as a part of their market liberalisation programme to better facilitate content creation and entrepreneurship, especially among young people. He urged regional government ministers and fellow telecoms providers to push for greater broadband penetration, allowing the […]
Cayman Islands on UK blacklist
(CNS Business): The UK’s financial regulator has placed Cayman on a list of what it describes as high risk countries. Despite on-going efforts by the Cayman Islands Government to change attitudes towards the financial services industry here, the Financial Conduct Authority has still blacklisted the country. The British watchdog, which replaced the Financial Services Authority, […]
Turtle Farm not the sole focus of animal charity
(CNS Business): World Animal Protection (WAP), the international animal charity that has been critical of the Cayman Turtle Farm, doesn’t just focus on issues surrounding the CTF but deals with a range of different animal welfare issues around the world, ranging from the inhumane culling of dogs, the terrible conditions of farm animals in the UK […]
NWDA must send suitable candidates for jobs
(CNS Business): There have been too many instances where candidates who are ill-equipped for the position are sent to the local businesses by the National Workforce Development Agency (NWDA), according to Chamber of Commerce President Johann Moxam. It’s important to ensure that suitably qualified are identified and then sent out to the job market, he […]
Ritz-Carlton having busiest summer ever
(CNS Business): Last minute bookings and an increase in guests travelling from the southern states have plumped up the summer bookings at the Ritz-Carlton, Grand Cayman, so much so that it looks as if 2014 will be the busiest year the resort has ever had. “We did not see it coming,†General Manager Marc Langevin […]
Cayman Graduate Joins Maritime Authority
(CNS Business): The Maritime Authority of the Cayman Islands (MACI), parent organisation of the Cayman Islands Shipping Registry, continues its support of home grown talent by welcoming Gary Owen Foster to their team. Gary, who was the recipient of a MACI scholarship in 2011, graduated from Eckerd College, St. Petersburg, Florida in May 2014 with […]
Onerous customs coding to be simplified
(CNS Business): Responding to continued complaints about the time importers are spending at the customs department as a result of the new coding system, the government is not only drastically reducing the number of codes but for a small flat fee of $5 customs officers will now take care of the coding for them. At […]
WAP has animal welfare concerns at the Turtle Farm
(CNS Business): Green sea turtles are wild animals and time after time attempts to farm then have proven that it just can’t be done in a humane way, according to Neil D’Cruse, head of Wildlife Policy and Research at World Animal Protection. Addressing the charity’s animal welfare concerns associated with the farming of green sea […]
Campbells’ Associate admitted to Bar
(CNS Business): Campbells attorneys says that associate Jeremy Durston was admitted as an Attorney-at-Law in the Cayman Islands on 5 August. Durston has had long ties to Cayman as his parents have been residents for upwards of 20 years and it was always his intention to make Cayman his home and to become a law […]
Dialogue before minimum wage, Moxam urges
(CNS Business): The Chamber of Commerce supports the concept of a minimum wage, Johann Moxam, the Chamber president told CNS Business. But he said it was important that there was a detailed and comprehensive discussion with all relevant stakeholders on the way forward and on the impacts of the introduction of minimum wage legislation in […]
Turtle Farm hiding behind ‘conservation curtain’
(CNS Business): The Cayman Turtle Farm claims to be a conservation facility. But World Animal Protection (WAP) representative Neil D’Cruze says those claims may not be true and there may be an element of a “conservation curtain that is being hidden behindâ€. He told CNS Business, “If you look at Cayman turtles nesting on the […]
Law student spends a year in Hong Kong
(CNS Business): One young Caymanian legal student, whose studies are sponsored by Walkers, has recently completed a year of his law degree on exchange at the University of Hong Kong, providing a new and exciting perspective to his legal education. Michael Testori is a recipient of the 2011 Walkers Legal Scholarship and is studying the […]
Hospitality school aims to find students’ passion in tourism
(CNS Business): Marc Langevin, the GM of the Ritz-Carlton, Grand Cayman and a member of the School of Hospitality Studies Advisory Council, said he was very confident that a student who goes through the new hospitality programme and establishes relationships within the industry and demonstrates they have the right character will have no problem finding a […]
Butterfield reports second quarter profit
(CNS Business): With second quarter core earnings of $26 million, an increase on earnings of some $5.8 million, Butterfield bank is boasting of 28.7% growth compared to last year in its latest financial report. As a result the banks earnings for first six months of this year were $49.1 million up $13.6 million or 38.3% […]
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