Recent Articles

Golden Spoons Review: Borden’s Pizza

Golden Spoons Review: Borden’s Pizza

| 19/09/2016 | 19 Comments

(CNS Foodie): With the slogan “A Caymanian tradition since 1970”, Borden’s Pizza has been serving Cayman for 46 years – minus a few years hurricane hiatus. The quaint eatery re-opened a couple of years ago to much anticipation. I recall people raving about how great the pizza was, how nos [...]

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Foreign investors must prove effort to find local partners

Foreign investors must prove effort to find local partners

| 23/09/2016 | 0 Comments

(CNS): As the Department of Commerce and Investment steps up the enforcement of the Local Companies (Control) Licence Law, it has said that foreign investors who are placing newspaper advertisements seeking Caymanian participation in potential business ventures must direct people to the Trade and [...]

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Minister: Investment will be agriculture conference focus

Minister: Investment will be agriculture conference focus

| 21/09/2016 | 0 Comments

(CNS Business): Agriculture Minister Kurt Tibbetts has said that “the challenge of attracting capital investment has long been recognised as a major constraint for the development of agriculture in the Caribbean”. As the host of the 14th Annual Caribbean Week of Agriculture next month (CWA), [...]

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CIMA appoints temporary banking boss

CIMA appoints temporary banking boss

| 14/09/2016 | 1 Comment

(CNS Business): Still plagued by staff shortages, including holes in its management team, the Cayman Islands Monetary Authority has appointed Gloria Glidden as the acting head of itsbanking supervision division. Glidden will take up the job on 1 October following the resignation of the current bo [...]

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Minister presents revamped lawyers law

Minister presents revamped lawyers law

| 14/09/2016 | 58 Comments

(CNS Business): After almost fifteen years and half a dozen attempts to pass the legislation, Financial Services Minister Wayne Panton has come up with a legal practitioners bill that has the support of the legal profession in Cayman and provides for the development and protection of local attorn [...]

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Ministry brings key bills ahead of task force review

Ministry brings key bills ahead of task force review

| 12/09/2016 | 0 Comments

(CNS Business): The financial services minister will be presenting another four bills at the forthcoming meeting of the Legislative Assembly in order to ensure Cayman successfully clears next year’s Caribbean Financial Action Task Force’s (CFATF) mutual evaluation process and improve the fi [...]

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Golden Spoons Review: Tiki Beach

Golden Spoons Review: Tiki Beach

| 12/09/2016 | 10 Comments

(CNS Foodie): Oh, Tiki Beach … what happened to the once pristine, luxurious space? An enormous piece of prime real estate on 7 Mile Beach, we thought, why not go back and see what’s going on there on a beautiful day with no cruise ships in town. Well, if we had crickets on the beaches here, [...]

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CAL climbs out of fiscal hole

CAL climbs out of fiscal hole

| 11/09/2016 | 5 Comments
(CNS Business): The chair of Cayman Airways Ltd told the Public Accounts Committee Thursday that he expects the airline to have cleared its bank loan debts within three years because a number of factors have combined to help it climb out of the “hole it was in” a few years ago. Talking about the [...]

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CAL’s US$21M subsidy keeps airline flying

CAL’s US$21M subsidy keeps airline flying

| 08/09/2016 | 29 Comments

(CNS Business): The latest audit of the national flag carrier has reinforced the fact that while Cayman Airways Ltd is turning its financial losses around, it is still very heavily dependent on a government subsidy of around US$21 million per year and would not be a viable entity without it. But [...]

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Caymanian med students get chance to work under Shetty

Caymanian med students get chance to work under Shetty

| 08/09/2016 | 3 Comments

(CNS Business): Health City Cayman Islands in East End is planning to send four Caymanian college students on pre-med programmes to India next year to work for a month with Dr Devi Shetty, who spearheaded Cayman’s specialist hospital, at one of his Narayana hospitals. Richard Parchment, th [...]

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Bolt signs up as Digicel’s speed chief

Bolt signs up as Digicel’s speed chief

| 07/09/2016 | 0 Comments

(CNS Business): Triple-triple Olympic champion Usain Bolt has signed a lifetime partnership agreement with telecommunications company Digicel as its chief speed officer (CSO). Bolt “will get up close and personal with Digicel customers in a number of ways”, the regional telecommunica [...]

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Local women encouraged to pursue maritime study

Local women encouraged to pursue maritime study

| 07/09/2016 | 2 Comments

(CNS Business): Premier Alden McLaughlin has said he hopes to see more young women in the Cayman Islands make use of education-based government funding to consider maritime careers. Speaking at the inaugural Women in Maritime Association Caribbean (WiMAC) conference this week, he said, “This y [...]

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Trade talks with Honduras ‘sincere’

Trade talks with Honduras ‘sincere’

| 07/09/2016 | 1 Comment

(CNS): Increasing flights between Cayman and Honduras, organising direct imports from the Central American country and an undersea telecommunications cable were key issues on the talks agenda when President Juan Orlando Hernandez and his delegation met with Cayman Islands officials here last wee [...]

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UK bill to open details on multinational tax avoidance

UK bill to open details on multinational tax avoidance

| 07/09/2016 | 0 Comments

(CNS Business): A legislative amendment in the UK this week will give the British government the power to publish details of tax payments made by UK-based multinational corporations on a country by country basis, as tax authorities try to clamp down on the abuse of tax laws and aggressive tax avo [...]

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DCI steps up oversight of local expat businesses

DCI steps up oversight of local expat businesses

| 07/09/2016 | 1 Comment

(CNS Business): The Department of Commerce and Investment has introduced tighter controls to “better uphold” the legislation that governs the regime surrounding Local Companies (Control) Licences. Companies that are created with international and Caymanian partners remain a controversial area [...]

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