Archive for June, 2015
Ex-Chamber boss queries wisdom of port project
(CNS Business): The former president of the Chamber of Commerce has warned that the costly port project should not go ahead based on “unproven back of envelope ‘guesstimates’ about the economic benefits of cruise tourism and private discussions with a select few who are possibly conflicted and have a pecuniary interest to protect in the […]
Kel Thompson receives tourism Lifetime Achievement Award
(CNS Business): The best of the best in the Cayman Islands tourism industry were honoured at the 12th Annual Cayman Stingray Tourism Awards hosted by the Cayman Islands Tourism Association (CITA) at the Ritz-Carlton Tuesday night. During the ceremony over 50 industry professionals, from all sectors including accommodations, allied, attractions, transportation, restaurants and watersports, were recognized […]
CIAA invites bids for ORIA baggage area
(CNS Business): It’s been more than three months since the plans to upgrade and expand Owen Roberts International Airport were revealed, and now the Cayman Islands Airport Authority (CIAA) is taking bids from construction firms as to who will be in charge of creating the first phase of the major redevelopment project.
Cayman scoops travel awards
(CNS Business): Not only has it been a record setting year for tourism numbers in the Cayman Islands, but also an award winning one. During the first quarter of 2015, Grand Cayman found its name on two “best beach” lists and two “best destination” in the Caribbean.
Restaurant pulls out of Dart venue
(CNS Business): One of the first restaurants to open in Camana Bay along the flagship ‘restaurant row’ is pulling out of the Dart-owned town and the Cayman Islands. After 5 years, Michael’s Genuine Food & Drink will be closing in August but the owner has said very little about why, only commenting, “It’s never easy to […]
Gov’t plan to develop a national transport strategy
(CNS Business): It’s time to revamp the public transportation system in the Cayman Islands, to have more “reliable transport in all areas” that will “alleviate congestion on our road and parking downtown”, according to Tourism and Transport Councillor Joey Hew.
Home Gas wins best chili award
(CNS Business): The heat was on at this year’s 2nd Annual International Caybrew Chili Cook-off. Twelve teams from restaurants and organizations from across the island broke out their cooking pots and their favorite chili recipes. Home Gas Ltd took home the coveted 1st place trophy, followed by Cayman Cabana in 2nd and Duke’s restaurant in […]
EU’s newest list not a ‘blacklist’
(CNS Business): According to the OECD, the EU Commission has confirmed that they have not yet decided which countries should be included on a new blacklist of non-cooperative tax jurisdictions and the list that they released on 17 June was “based on Member States’ independent national lists”. In an email the OECD said, “It is very […]
LIME responds to internet speed petition
(CNS Business): An online petition is circulating throughout Cayman demanding “decent internet” on the island. Local campaigner Sandra Catron started the petition and said it’s time to mandate that customers actually receive the broadband internet speeds they are paying for.
Banks from Cayman to Switzerland caught up in FIFA scandal
(CNS Business): The Cayman branch of Fidelity is just one of many banks around the world that have now been caught up in the various FIFA corruption investigations, calling the already distrusted global banking system into question. Citibank, First Caribbean and HSBC are just some named in the US indictment outlining the corruption case against a number of […]
Don Seymour featured in Wall Street book
(CNS Business): Founder and Managing Director of DMS Offshore Investment Services Ltd, Don Seymour, made the list as one of 50 leading Wall Street financiers and academics in the recently published book, Transforming Wall Street: A Conscious Path for a New Future. Seymour is well known for his creation of the Investment Services Division of […]
Travel chaos as US struggles to deal with visa system crash
(CNS Business): Thousands of travellers have been forced to postpone or cancel travel plans to the United States as a result of a technical glitch that has crippled the US government’s visa system. Officials have said that it will not be back up and running until next week, following a hardware failure earlier this month. The […]
T&B Licences double since last year
(CNS Business): The number of trade and business licences granted in Cayman have seen a significant climb, doubling since this time last year, according to the Minister of Financial Services Wayne Panton.
Chamber calls for rule enforcement
(CNS Business): The president of the local Chamber of Commerce is calling on government to prosecute businesses that don’t follow the law. In a message on behalf of the local business association outlining the concerns on its agenda, Barry Bodden said the Chamber Council was concerned about the poor level of enforcement of laws and […]
Gov’t clampdown on unlicensed vendors
(CNS Business): Tourism bosses tell CNS Business it’s time to put a stop to unlicensed vendors and operations happening along our beaches and cruise port. The docks in George Town have been used for many years by Caymanian entrepreneurs to sell their crafts and items to tourists as they step off the cruise ships. However, […]
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