Recent Articles

CUC black out seizes up George Town

CUC black out seizes up George Town

| 14/04/2015

(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 […]

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Panton addresses IP protection laws in the LA

Panton addresses IP protection laws in the LA

| 17/04/2015 | 0 Comments

(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 […]

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Sahm named ‘Diver of the Year’

Sahm named ‘Diver of the Year’

| 16/04/2015 | 0 Comments

(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 […]

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DoT hires new PR companies

DoT hires new PR companies

| 09/04/2015 | 0 Comments

(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 […]

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Deadline extended for risk assessment surveys

Deadline extended for risk assessment surveys

| 09/04/2015 | 0 Comments

(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 […]

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Finance firm sues former rogue boss

Finance firm sues former rogue boss

| 08/04/2015 | 6 Comments

(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 […]

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KT to present plans for revitalization of capital

KT to present plans for revitalization of capital

| 07/04/2015 | 0 Comments

(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 […]

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Grand Cayman resort joins Wyndham brand

Grand Cayman resort joins Wyndham brand

| 07/04/2015 | 0 Comments

(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.

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Samson & McGrath announce new partners

Samson & McGrath announce new partners

| 07/04/2015 | 0 Comments

(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 […]

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Cayman moves up GFCI rankings

Cayman moves up GFCI rankings

| 02/04/2015 | 0 Comments

(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.

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Calling all marketing professionals

Calling all marketing professionals

| 01/04/2015 | 1 Comment

(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 […]

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Cayman’s newest airline delays launch

Cayman’s newest airline delays launch

| 01/04/2015 | 6 Comments

(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 […]

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Regulator approves growth in CORE power

Regulator approves growth in CORE power

| 01/04/2015 | 2 Comments

(CNS Business): The Electricity Regulatory Authority has approved an extension in the capacity of the consumer-owned renewable energy generation programme, known as CORE by 1MW and extended the contracts to 25 years. The ERA and Caribbean Utilities Company said the growth of the programme, which allows CUC customers to feed renewable energy from private solar panels […]

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Stay-over tourism numbers soar

Stay-over tourism numbers soar

| 31/03/2015 | 0 Comments

(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 […]

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Brokers break away from CIREBA

Brokers break away from CIREBA

| 30/03/2015 | 7 Comments

(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. 

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