Archive for March 27th, 2017
Cayman retains Moody’s credit ratings
(CNS Business): The Cayman Islands has kept its international credit rating from Moody’s of Aa3 for its government’s bonds issued in a foreign currency, and an Aa2 rating for long-term foreign currency ceiling bonds and notes. Finance Minister Marco Archer said the rating and stable outlook for the jurisdiction was “attributed primarily to a very […]
Minister signs deal to support small businesses
(CNS Business): The Cayman Islands Small Business Association (CISBA) has been contracted by the commerce ministry to help support and deliver certain small-business services. Minister Wayne Panton and CISBA President Dawn McLean-Sawney signed a memorandum of understanding recently to deliver workshops, mentoring, and consulting to small business owners. “This is another important step forward for government’s […]
CAL increases flights to Sister Islands
(CNS Business): Cayman Airways said that there has been an increased demand for seats on flights to the Sister Island, so Cayman Airways Express has added a new flight rotation between Cayman Brac and Grand Cayman with its Saab 340 B+ aircraft six days a week. On Tuesday 4 April the National Flag Carrier will […]
Chief justice joins elite insolvency body
(CNS Business): The International Insolvency Institute has invited the chief justice of the Cayman Islands, Anthony Smellie, to become a member of the invitation-only organisation. Accepting the invitation, the chief justice said it wasn’t just a personal credit but reflected the quality of Cayman’s courts. The selective non-profit body includes leading practitioners, academics, judges and […]
3,500 businesses asked for data to measure local economy
(CNS Business): The Economics and Statistics Office has begun its annual business surveys to measure local economic performance. Officials said about 3,500 forms for the System of National Accounts (SNA) and the Balance of Payments (BOP) surveys, which began Monday, have been sent to the business community. The information is necessary to collect comparative information […]
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