Archive for February, 2017
JGHS students learn about legal careers
(CNS Local Life): John Gray High School (JGHS) students recently learned about legal internships at a local law firm along with educational options at the Cayman Islands Further Education Centre. Representatives of HSM IP, including two people who participated in the CIFEC programme, spoke about internship possibilities at a JGHS assembly held Friday, 24 February.
Digicel to cut one in four jobs in restructure
(CNS Business): Digicel is a planning to cut a quarter of its workforce over the next 18 months, the firm said in a statement on its website. The company claims it is reorganising to be “fit for purpose for 2030 and beyond” and this means a 25% reduction of the global workforce over the next […]
LA to tackle a dozen offshore laws
(CNS Business): The financial services minister will be dominating the legislative agenda when the Legislative Assembly opens Wednesday morning with almost a dozen offshore laws set to be debated by legislators ahead of evaluation by the Caribbean Financial Action Task Force (CFATF) later this year. Government is expected to deal with a significant amount of business […]
Golden Spoons Review: The Brooklyn Pizza + Pasta
(CNS Foodie): I was excited when I first heard about a pizza/pasta place opening in Camana Bay (because I love pizza). So when The Brooklyn Pizza + Pasta opened in 2015, I eagerly grabbed a quick bite with a friend but, unfortunately, wasn’t all that impressed. The pizza was either trying too hard or bored […]
Fuel costs fall as earnings rise for CUC
(CNS Business): Grand Cayman’s monopoly power provider enjoyed an increase in net earnings of some $2.4 million last year but CUC said the average cost of bills still fell by almost 32% by the year-end compared to consumer bills at the end of 2014. The power provider said that the combination of a fall in […]
Golden Spoons Review: Eastern Star Fish Fry
(CNS Foodie): East End is recognised for exceptional local food, with Sunday afternoons a traditional time for people to enjoy fried fish. From Bodden Town heading to the Eastern districts there are at least four establishments known for their fish fry, and my father and I stopped at one for some food and bonding.
Scott serves up CI financial sector at NY breakfast
(CNS): Cayman Finance CEO Jude Scott served up a detailed helping of the Cayman Islands financial services sector at a New York breakfast earlier this month to over 150 people. Scott told the New York financiers that Cayman was a well regulated jurisdiction that was important to the global economy. “The Cayman Islands is the […]
Regulator seeks to gain trust with consistency
(CNS Business): The newly appointed boss of the government’s newest regulator says there are several challenges ahead for the new office but one of the most important is gaining the trust of the stakeholders across the utilities that he and the team will be regulating. Consistency, transparency, impartiality and independence will be key to forging […]
Hurley’s files court action over ‘Ivanized’ store
(CNS Business): More than a dozen years after Hurricane Ivan struck Grand Cayman, one local supermarket is still in dispute with neighbouring property owners over a store it owns in George Town. The former Hurley’s Supermarket at the Eden Centre on Walkers Road remains at the centre of a dispute between the owners of the […]
Panton challenges constant regulatory change
(CNS Business): Financial Services Minister Wayne Panton has pointed to the constant changes and jumping around in the global regulatory environment as a major flaw that prevents solutions being able to show their worth before they are replaced. Speaking in Brussels earlier this month about offshore regulation, he said the fundamental flaw that undermines the […]
Construction industry trade show set
(CNS Business): A two-day event catering to all things related to the building industry is being held next month at the Arts and Recreation Centre in Camana Bay. The Hurley’s Media Builders Expo, slated for 3-4 March, is designed to connect local architects, contractors, plumbers, electricians and other industry businesses with potential homebuilders as well as […]
New silks include criminal defence veteran
(CNS Business): The governor has announced six new Queen’s Counsels from Cayman’s legal profession, and for the first time, one of those new QCs, also known as ‘silks’, comes from the list of local criminal defence lawyers. With government attorneys and corporate offshore lawyers the usual recipients of the legal honour, Ben Tonner’s anointment as […]
Panton navigates choppy ‘blacklist’ waters
(CNS Business): The Cayman Islands financial services minister has been doing the rounds in Brussels and London over the last week to persuade European officials that Cayman should not be on any grey or blacklists and to talk about the continued pressure from the UK for Cayman and the other territories to introduce a public register […]
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