Archive for October 13th, 2016
C&W reveals capability upgrade to Cay-Jam fibre network
(CNS Business): Cable and Wireless has said that it is starting an upgrade project this weekend adding 100Gbps capability to the Cayman-Jamaica Fiber System (CJFS) and the cable landing station at Eastern Avenue, George Town. This increased capability is designed to complement the firm’s increased Maya-1 cable system capacity, which lands at High Rock in […]
Ministry refutes water firm’s gripes
(CNS Business): Complaints from Cayman’s private sector water supplier over new legislation designed to properly regulate all utilities on the islands have been address by the planning minister in a very long detailed letter. Consolidated Water Cayman had written to the ministry that has responsibility for water and other utilities complaining that it had not […]
Britain’s OT minister backs Cayman’s offshore sector
(CNS Business): During her recent trip to the Cayman Islands, Baroness Anelay attempted to soothe fears that pressure from the world’s most powerful economies for increasing transparency in the offshore sector will eventually undermine the financial services success in jurisdictions like Cayman. When the UK’s overseas territories minister met with members of Cayman Finance, she […]
Booze board boss quits before first year is out
(CNS): The chairman of the Liquor Licensing Board, who was appointed in January, has quit before completing even the first year of his four-year tenure. A release from the Department of Commerce and Investment said that Campbell Law had resigned as chair to avoid a conflict of interest. In his notice to the board the […]
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