(CNS): Offices, local business, retailers, the courts, government departments, schools and homes across George Town and large parts of Grand Cayman were hit by a more than four-hour power blackout Tuesday — the second one in just a week. The outage led to early closing for schools and many businesses without generators in and around the […]
(CNS Business): The push to modernise Cayman’s Intellectual Property Protection Regime was brought to the forefront in the Legislative Assembly this week by Minister of Commerce Wayne Panton. This presentation follows after a press conference held last month by the minister and cabinet members, explaining why the change of IP laws is so desperately needed in […]
(CNS Business): Local dive legend and enthusiast Keith Sahm has been recognized for his efforts on a national level and named Diver of the Year at the 2015 Beneath the Sea show in New Jersey. Sahm, the general manager of Sunset House hotel and Sunset Divers, was honoured with the prestigious award during the largest […]
(CNS Business): When it comes to marketing the Cayman Islands as the perfect Caribbean getaway, the Department of Tourism welcomes two new firms to represent the area and promote the “Caymankind experience” to US tourists. DoT officials said 20 agencies submitted proposals, and after a rigorous process of narrowing the pool down to eight public relations […]
(CNS Business): Cayman Finance officials said when it comes to tackling money laundering and terrorist financing in the Cayman Islands, it’s all about working together as an industry to create awareness and solutions to this issue. The firm recently hosted a free informational seminar regarding the Cayman Islands Government’s Money Laundering/Terrorist Financing National Risk Assessment […]
(CNS Business): One of Cayman’s leading offshore financial services firms is suing a former director for a catalogue of wrongdoing that the company claims could have damaged its reputation. DMS has filed a lawsuit against Jazeb Jones, who was until earlier this month the MD of its bank and trust arm, over unauthorized relationships with […]
(CNS Business): The revitalization of George Town has been a topic of conversation for several years. In March, Cayman Island’s Government leaders stressed how critical the update was at the RICS Property Conference. Now, government officials are taking the proposed idea to the next level by unveiling the proposed plans at a Chamber of Commerce […]
(CNS Business): Officials of the Reef Resort in Grand Cayman said they now have a new name to be proud of after recently joining the popular North American Wyndham brand. The property, located in East End, has been rebranded as the Wyndham Reef Resort Grand Cayman.
(CNS Business): Well-known local attorneys Benjamin Tonner and James Kennedy, both familiar faces in the Cayman courts, have been made partners in the Cayman Islands law firm, Samson & McGrath. The firm provides a broad range of legal services to the local and international market, and its twelve attorneys regularly appear before the Grand Court, Court […]
(CNS Business): The Cayman Islands has taken a big leap in the most recent rating of financial centres, the Global Financial Centres Index 17 (GFCI 17). In the March 2015 report, Cayman moved up 15 spots in the global listings since last year, surpassing competing jurisdictions like the Channel Islands, Bermuda and the Bahamas.
(CNS Business): Cayman Island’s Marketing Professional Association (CIMPA) is looking for local marketing experts who have excellent marketing techniques and present outstanding qualities to be recognized for their 2015 Marketing Awards. CIMPA officials said the launch of their new annual awards programme is set to identify exceptional marketing practices in Cayman and highlight individuals on their […]
(CNS Business): The take-off of a newly launched airline, with plans to create around 100 jobs in Grand Cayman, has been delayed. The Cayman-based airline, called BlueSky Airlines, said it’s battling turbulent times after the company they were receiving their aircrafts from shut down. The airline aims to offer flights from Grand Cayman to destinations […]
(CNS Business): The Cayman Islands continue the record-breaking trend into 2015 when it comes to stay-over guests on the islands. In what tourism officials are expecting to be the best year yet, so far the islands have welcomed a total of 70,164 people in air arrivals for the month of January and February combined. A […]
(CNS Business): The majority of realtors in Cayman are members of the not-for-profit industry organisation, the Cayman Islands Real Estate Brokers Association (CIREBA). However, many real estate company owners are speaking out and telling CNS Business it’s time break away from the organisation’s “stranglehold” and make a change.