Archive for October 3rd, 2017
CIG hopeful of dodging EU’s latest blacklist
(CNS Business): Premier Alden McLaughlin and Financial Services Minister Tara Rivers lobbied EU officials last week in an effort to keep the Cayman Islands off the latest Brussels list of non-cooperative tax jurisdictions. During the visit to the European capital, the premier said, the delegation found that EU decision makers recognised Cayman’s commitment to tax […]
Cayman government hires new firm to lobby Washington
(CNS Business): The Cayman Islands Ministry of Financial Services Home Affairs has quietly hired Texas-based law firm Baker Botts to provide counselling and advocacy services in the US capital, according to an article in the marketing industry press, which was republished on the firm’s website. There has been no official release about the new contract locally […]
Former CIMA policy officer returns as deputy head
(CNS Business): The Cayman Islands Monetary Authority has welcomed back an old employee who, after more than two years in the private sector, has returned to the regulator as the deputy head of Policy and Development Division. Rayford Britton, a former chief policy officer at CIMA, returned to the authority last month to take up […]
Stay-over guests soar to new heights
(CNS Business): The Cayman Islands Department of Tourism’s promotional and marketing efforts continue to pay dividends, reflected in record-breaking summer statistics for air arrivals. After 77,030 visitors arrived during July and August, officials said that figures are significantly outpacing projections, making it evermore likely that the total figure by year-end will top 400,000 tourists. August 2017 […]
CUC speeds power restoration in TCI
(CNS Business): Caribbean Utilities Company (CUC) has sent two more staff members to hurricane-hit Turks and Caicos Islands (TCI). Right after Irma ripped though the islands, CUC sent a crew of seven linepersons to help with restoration efforts. But with conditions there still very difficult, Joshua Ebanks, supervisor for transmission and distribution planning and estimating, […]
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