Archive for May, 2015
Cayman aims for sustainable tourism
(CNS Business): Tourism stakeholders in the Cayman Islands said they are committed to adopting best practices in sustainable tourism for the country, and announced on Friday the islands will undergo a destination sustainability assessment by the Global Sustainable Tourism Council (GSTC). Cayman will be the 15th country in the world to participate in the GSTC assessment […]
Airport reveals designs for new look
(CNS Business): The Cayman Islands Airports Authority (CIAA) has unveiled the drawings for the $55 million upgrade and expansion project at Owen Roberts International Airport (ORIA). Airport officials said they were impressed by the interior conceptual drawings for the project, which have been done by Florida based firm RS&H Group.
New properties to boost Cayman tourism
(CNS Business): The Minister of Tourism Moses Kirkconnell says the Cayman Islands has good reason to be optimistic about the future when it comes to tourism. Kirkconnell highlighted several major infrastructure projects in his budget address last week that will increase arrival numbers, continue to pump money into the economy and “add a healthy mix […]
Five year visa expected to boost business
(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 […]
Maritime Services Park coming to Cayman
(CNS Business): In efforts to attract global maritime services business to set up a physical presence in Cayman, the government has agreed to partner with Cayman Enterprise City (CEC) to introduce a Maritime Services Park. Officials said this initiative represents an opportunity to leverage the quality of the islands’ flag and jurisdiction, which would significantly […]
C&W to use post hurricane drone technology
(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, […]
More businesses to open Sunday
(CNS Business): The age old debate on Sunday trading has officially been decided and establishments such as tourist-related shops, gas stations and retail businesses that sell food and beverages that are less than 4,000 square feet will be exempted from the ban. Government has revised the Sunday Trading Law by adding more types of businesses […]
SMB voted #1
(CNS Business): US News Travel & World Report released the rankings on the 12 best beaches in the world, and the Cayman Islands are at the top of the list. The travel website has ranked Grand Cayman’s Seven Mile Beach as #1.
Cayman remains offshore deal leader
(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.
HCCI encourages healthcare careers
(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.
MLA steering towards public transport plan
(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 […]
Caymankind to be refreshed for summer
(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 […]
CJ says rights to open justice not absolute
(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 […]
Commuting judge starts work in court’s FSD
(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 […]
May is ‘Putting Investors First Month’
(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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