Archive for January 19th, 2017
Minister aims for business compliance
(CNS Business): Starting this month, the Department of Commerce and Investment will be clamping down on rogue businesses who have not paid for their trade and business licences or who are not compliant with the other laws. Commerce Minister Wayne Panton said he wants to see a level playing field in the local business environment. […]
CUC to close George Town HQ payment centre
(CNS Business): Customers of CUC will no longer be able to pay their bills at the CUC head office in North Sound Road or its office at the Caribbean Plaza. In a circular sent out this week, the firm said it was changing the way it does business to focus on “delivering enhanced services in […]
Margaritaville Resort to open February
(CNS Business): The new Margaritaville Beach Resort on the West Bay Road is almost ready to open, officials have revealed. The newly renovated hotel on the site of the old Treasure Island has begun taking reservations, ready to welcome guests at the beginning of next month in the first phase of development. The first guests […]
Glidden confirmed as CIMA’s banking boss
(CNS Business): The acting head of the Banking Supervision Division at the Cayman Islands Monetary Authority has been confirmed in the post. On 1 January Gloria Glidden was given the official title for a job she has be doing since last year. Officials said she would continue to provide supervision of both international and commercial […]
Trump’s Treasury pick failed to disclose Cayman funds
(CNS Business): US President-elect Donald Trump’s pick to be treasury secretary, the controversial former Goldman Sachs banker, Steven Mnuchin, failed to disclose nearly $100 million of his assets to the Senate Finance Committee, the US press is reporting. Mnuchin, known to most Americans as the man who foreclosed on thousands of people’s homes in the […]
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