Archive for April, 2015

ESO urges businesses to supply info for national accounts

ESO urges businesses to supply info for national accounts

| 29/04/2015 | 0 Comments

(CNS Business): As the finance ministry presses ahead with its goal to improve local statistics and information, the Economics and Statistics Office (ESO) is urging local businesses to fill out and return questionnaires for the System of National Accounts (SNA) and Balance of Payments (BOP) surveys. The forms have been sent to the local business […]

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Ex-CIG finance expert joins local law firm

Ex-CIG finance expert joins local law firm

| 28/04/2015 | 1 Comment

(CNS): The former deputy financial secretary, who was given an undisclosed government pay-off after some five years on gardening leave during McKeeva Bush’s premiership, has joined the local law firm that represented him at trial. Deborah Drummond was one of three high-ranking female public servants left out in the cold after a ministerial reshuffle when […]

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Reef pest becomes Cayman’s culinary delight

Reef pest becomes Cayman’s culinary delight

| 28/04/2015 | 1 Comment

(CNS Business): As efforts to control the lionfish population wreaking havoc on reefs in the Caribbean continues, the Cayman Islands has jumped on board with the “If you can’t beat ‘em, eat ’em” campaign. Local restaurant owners said the demand exceeds the supply available on island, forcing them look elsewhere but organizations like the Cayman United Lionfish League (CULL) […]

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New T&B licence law will help small business

New T&B licence law will help small business

| 23/04/2015 | 3 Comments

(CNS Business): Several pieces of legislation recently passed will soon take effect, changing how some local and small businesses operate in the Cayman Islands, and government officials said the new Trade and Business Law is central to these change efforts. Under the new law, rogue contractors who do not have qualified personnel or fail to […]

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Tory peer’s costly advice off the mark

Tory peer’s costly advice off the mark

| 23/04/2015 | 0 Comments

(CNS Business): The Conservative peer who was employed by the Cayman Islands Government to advise and lobby for its offshore sector in the UK appears to have been giving some poor advice. David McLean, known as Lord Blencathra, reportedly told CIG last year that the UK Prime Minister’s goal to clamp down on tax havens was […]

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Number crunchers begin workforce survey

Number crunchers begin workforce survey

| 23/04/2015 | 0 Comments

(CNS): With a goal to create a more accurate and timely picture of the country’s workforce, the Economics and Statistics Office (ESO) will begin the first Labour Force Survey (LFS) of the year on Sunday. Following announcements by the finance minister that the ESO will revert to its twice yearly schedule, starting this weekend interviewers from the department […]

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Small businesses make the most of DCI Expo

Small businesses make the most of DCI Expo

| 20/04/2015 | 0 Comments

(CNS Business): More than 30 local entrepreneurs gathered at the Family Life Centre on Saturday to showcase their talents and innovation at the third annual Department of Commerce and Investment Small Business Expo. At the event small business owners presented their crafts and designs to around 700 attendees and  learned more about running a company through seminars […]

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Kilpatrick receives captive industry  award

Kilpatrick receives captive industry award

| 20/04/2015 | 2 Comments

(CNS Business): Ian Kilpatrick, founder of Advantage International Management, is the recipient of the Captive Insurance Companies Association (CICA) 2015 Distinguished Service Award. The award recognises individuals or organisations that have made significant contributions to advancing the captive insurance industry. Kilpatrick was presented with the prestigious award at the CICA 2015 International Conference by President Dennis Harwick.

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DoT highlights locally made souvenirs

DoT highlights locally made souvenirs

| 20/04/2015 | 0 Comments

(CNS Business): The Cayman Islands Department of Tourism is putting the spotlight on local craftsmen who create authentic goods only found in Cayman. DoT officials said this is part of their push to offer the unique “Made in Cayman Islands” brand by promoting businesses that make items which represent Cayman’s culture.

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International Trainer to Address Pension Sector

International Trainer to Address Pension Sector

| 20/04/2015 | 0 Comments

(CNS Business): The National Pensions Office of the Department of Labour and Pensions (DLP) and the Cayman’s Chartered Financial Analysts (CFA) chapter are coming together to offer a free ethics training session for individuals who administer and regulate pensions plans in the Cayman Islands.

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Panton addresses IP protection laws in the LA

Panton addresses IP protection laws in the LA

| 17/04/2015 | 0 Comments

(CNS Business): The push to modernise Cayman’s Intellectual Property Protection Regime was brought to the forefront in the Legislative Assembly this week by Minister of Commerce Wayne Panton. This presentation follows after a press conference held last month by the minister and cabinet members, explaining why the change of IP laws is so desperately needed in […]

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Sahm named ‘Diver of the Year’

Sahm named ‘Diver of the Year’

| 16/04/2015 | 0 Comments

(CNS Business): Local dive legend and enthusiast Keith Sahm has been recognized for his efforts on a national level and named Diver of the Year at the 2015 Beneath the Sea show in New Jersey. Sahm, the general manager of Sunset House hotel and Sunset Divers, was honoured with the prestigious award during the largest […]

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Scuba safe if rules are followed

Scuba safe if rules are followed

| 16/04/2015 | 2 Comments

(CNS Business): With only four months into 2015, the Cayman Islands has had nine water related deaths on record. So far, four people have died while snorkeling, three while diving, one while jet skiing and one death due to drowning.

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CUC black out seizes up George Town

CUC black out seizes up George Town

| 14/04/2015

(CNS): Offices, local business, retailers, the courts, government departments, schools and homes across George Town and large parts of Grand Cayman were hit by a more than four-hour power blackout Tuesday — the second one in just a week. The outage led to early closing for schools and many businesses without generators in and around the […]

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Visitors rank Grand Cayman #3 in Caribbean

Visitors rank Grand Cayman #3 in Caribbean

| 09/04/2015 | 0 Comments

(CNS Business): The people have spoken and now the popular search engine TripAdvisor has ranked the Cayman Islands in the top ten on three separate lists of the 2015 Travelers Choice Awards. Grand Cayman was third on the list of the “10 Best Islands in the Caribbean” in the 2015 Travelers Choice Awards. The famous Seven Mile […]

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