Archive for May 2nd, 2016
UK-Cayman beneficial ownership deal more secure than register
(CNS Business): The system agreed by the UK and the Cayman Islands over how beneficial ownership information will be shared with the relevant authorities is safer than a centralised public register because the new platform for access will not require information to be aggregated in one place, which would have made it vulnerable to hackers, […]
CORE programme grows another 2MW
(CNS Business): The Electricity Regulatory Authority (ERA) has sanction an expansion of Caribbean Utilities Company’s Consumer-Owned Renewable Energy (CORE) Generation Programme, which will see more residential and commercial customers who are using alternative power, such as solar and wind, to feed back another two megawatts of power to the grid. The Feed-in Tariffs (FITs) programme, […]
Golden Spoons Review: Casanova
(CNS Foodie): Casanova is considered one of the best restaurants in Cayman. It is situated right on the waterfront in George Town, and if it’s ambiance you are after, you will not be disappointed. We had a very pleasant young man as our server. When he came to the table, he enthusiastically recommended the specials […]
Butterfield reports increase in earnings but fall in profit
(CNS Business): Butterfield Bank reported an increase in its core earnings for the first quarter of this year of more than 24% but saw its net income decline by $1.2 million, or 4.3%, compared to the same time last year. During the first three months of the year, bank officials said asset quality was strong […]
Ex-senior cop to lead DCI enforcement team
(CNS Business): A former chief inspector with the RCIPS has taken up the post of head of Compliance and Enforcement at the Department of Commerce and Investment (DCI), which has added four new staff members over the last month to beef up enforcement of the laws relating to the business community. Claudia Brady, who started […]
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