Archive for April, 2015
DoT hires new PR companies
(CNS Business): When it comes to marketing the Cayman Islands as the perfect Caribbean getaway, the Department of Tourism welcomes two new firms to represent the area and promote the “Caymankind experience” to US tourists. DoT officials said 20 agencies submitted proposals, and after a rigorous process of narrowing the pool down to eight public relations […]
Deadline extended for risk assessment surveys
(CNS Business): Cayman Finance officials said when it comes to tackling money laundering and terrorist financing in the Cayman Islands, it’s all about working together as an industry to create awareness and solutions to this issue. The firm recently hosted a free informational seminar regarding the Cayman Islands Government’s Money Laundering/Terrorist Financing National Risk Assessment […]
Real estate portal makes buying easy
(CNS Business): Whether you’re looking to sell, rent, buy or have someone manage a property in the Cayman Islands, one online real estate marketplace is trying to make it a “one-stop-shop” experience. easyCayman is an online real estate marketplace dedicated to providing a resource for individuals and professionals to be able to find and share vital […]
Finance firm sues former rogue boss
(CNS Business): One of Cayman’s leading offshore financial services firms is suing a former director for a catalogue of wrongdoing that the company claims could have damaged its reputation. DMS has filed a lawsuit against Jazeb Jones, who was until earlier this month the MD of its bank and trust arm, over unauthorized relationships with […]
KT to present plans for revitalization of capital
(CNS Business): The revitalization of George Town has been a topic of conversation for several years. In March, Cayman Island’s Government leaders stressed how critical the update was at the RICS Property Conference. Now, government officials are taking the proposed idea to the next level by unveiling the proposed plans at a Chamber of Commerce […]
Grand Cayman resort joins Wyndham brand
(CNS Business): Officials of the Reef Resort in Grand Cayman said they now have a new name to be proud of after recently joining the popular North American Wyndham brand. The property, located in East End, has been rebranded as the Wyndham Reef Resort Grand Cayman.
Telecoms merger good for customers
(CNS Business): Two billion-dollar telecommunication companies have joined forces to take technology and customer service to the next level. Cable and Wireless Communications, which operates as LIME throughout the Caribbean, announced the company has complete its US$1.85 billion acquisition of all of the equity of Columbus International Inc.
Samson & McGrath announce new partners
(CNS Business): Well-known local attorneys Benjamin Tonner and James Kennedy, both familiar faces in the Cayman courts, have been made partners in the Cayman Islands law firm, Samson & McGrath. The firm provides a broad range of legal services to the local and international market, and its twelve attorneys regularly appear before the Grand Court, Court […]
Cayman moves up GFCI rankings
(CNS Business): The Cayman Islands has taken a big leap in the most recent rating of financial centres, the Global Financial Centres Index 17 (GFCI 17). In the March 2015 report, Cayman moved up 15 spots in the global listings since last year, surpassing competing jurisdictions like the Channel Islands, Bermuda and the Bahamas.
Calling all marketing professionals
(CNS Business): Cayman Island’s Marketing Professional Association (CIMPA) is looking for local marketing experts who have excellent marketing techniques and present outstanding qualities to be recognized for their 2015 Marketing Awards. CIMPA officials said the launch of their new annual awards programme is set to identify exceptional marketing practices in Cayman and highlight individuals on their […]
Cayman’s newest airline delays launch
(CNS Business): The take-off of a newly launched airline, with plans to create around 100 jobs in Grand Cayman, has been delayed. The Cayman-based airline, called BlueSky Airlines, said it’s battling turbulent times after the company they were receiving their aircrafts from shut down. The airline aims to offer flights from Grand Cayman to destinations […]
Regulator approves growth in CORE power
(CNS Business): The Electricity Regulatory Authority has approved an extension in the capacity of the consumer-owned renewable energy generation programme, known as CORE by 1MW and extended the contracts to 25 years. The ERA and Caribbean Utilities Company said the growth of the programme, which allows CUC customers to feed renewable energy from private solar panels […]
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