Archive for June 24th, 2016
Local finance body warns of Brexit volatility
(CNS Business): Jude Scott, CEO of Cayman Finance, the industry body which represents the local financial services sector, has warned of short-term volatility in the wake of Britain’s surprising exit from the European Union, but he said he believes the local industry will weather the forthcoming economic storms. He said the financial sector would continue […]
Email scams costing businesses $billions
(CNS Business): Unsuspecting employees in Cayman are being targeted by criminals with ‘Scareware’ and sophisticated email scams, enabling them to siphon off cash from these companies without the need for complex hacking techniques. The FBI’s Internet Crime Complaints Center (ICC) has issued an alert surrounding Business Email Compromise (BEC), which it called the $3.1 Billion […]
Concerns ignored, golf course gets green light
(CNS Business): The Central Planning Authority has given the green light to the proposed development of a golf course in the Frank Sound area despite a catalogue of environmental concerns. The proposal to build an Arnold Palmer golf course was submitted to the CPA in complete isolation and not as part of the major resort […]
Recent comments