Archive for October, 2017
People on the move: new hires and promotions
(CNS Business): A new feature on CNS Business, People On The Move, highlights new hires and promotions in the Cayman Islands. This week, two up-and-coming lawyers are promoted, while a corporate governance firm adds to its senior management. And a law firm has taken on a new partner to head up its litigation and insolvency […]
Golden Spoons review: Lobster Pot
(CNS Foodie): Along the George Town waterfront and boasting a million-dollar view, the Lobster Pot has been serving customers for more than 30 years. Newly refurbished, in a classically elegant setting, the restaurant, known for its fresh seafood, may be rooted in nostalgia but is filling a niche to secure its future. To get to […]
Mobile booze licensees warned to follow rules
(CNS Business): The chairman of the Liquor Licensing Board has issued a reminder to all mobile licensees to comply with the laws and that their licences are restricted to mobile bartending and limited to private and organised events or functions. There was no indication in a release from the Department of Commerce and Investment (DCI) […]
Dart finally confirms Ritz acquisition
(CNS Business): After several months of speculation that Dart Real Estate had acquired the Ritz-Carlton, Grand Cayman but no comment from officials at the company, the Cayman Islands’ biggest property owner has finally announced that it has bought the luxury hotel on Seven Mile Beach. The news comes just weeks after Dart confirmed its acquisition of […]
Customs begins registering importers for e-system
(CNS Business): The Cayman Islands Customs Department will start registering importers Monday, ahead of plans to roll out a new online electronic system for entry declaration in November. The implementation of the new system will require importers to complete and submit entries electronically to customs using the new gateway portal COLS (Customs Online System). Importers will […]
Premier urges bosses to take part in wage survey
(CNS Business): Premier Alden McLaughlin is urging all employers to take part in the forthcoming Occupational Wage Survey, as the data collected will be an important tool for government and business in a number of areas, such as re-assessing the current minimum wage and helping young Caymanians make future career decisions. “It is critical that […]
CUC staff help BVI restore power
(CNS Local Life): Seven members of CUC’s transmission and distribution (T&D) operations department left Grand Cayman Monday, 9 October to assist the British Virgin Islands Electricity Corporation (BVIEC) with the restoration of power following the passing of Hurricane Irma and Hurricane Maria in September. The linepersons are expected to be in the British Virgin Islands […]
DoT makes impact with marketing awards
(CNS Business): The Cayman Islands Department of Tourism (DoT) received three IMPACT Awards at the Internet Marketing Association’s (IMA) annual awards celebration held 29 September 2017 in Las Vegas. The DoT received the Content Marketing Strategy Award for Cayman Vows magazine, launched in June this year, which is a print and digital publication focusing on […]
GDP grows in first quarter of 2017
(CNS Business): The Cayman Islands rate of gross domestic product grew by around 2% in the first three months of 2017, according to the Economics and Statistics Office. The measure of local economic activity indicated that in the first quarter economic performance was broad-based and consistent with the 2.1% government forecast growth in GDP for this year. […]
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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