Cayman News
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Merchants push for cruise port development
(CNS Business): Some prominent merchants told CNS Business that they feel cruise tourism would plummet if a new cruise berthing facility is not built in the George Town Harbour. Business owners say it’s time for the island to move forward, while those against the cruise port continue to lobby against the idea in hopes that the government […]
Air arrivals drop in May
(CNS Business:) Statistics show air arrivals for the month of May have dropped by 6% when compared to the same month last year. The data revealed 29,265 tourists traveled to the islands by plane, which is 1,859 less than the 31,124 airline passengers who flew to Cayman in May 2014.
Free Data Weekend hits the spot
(CNS Business): Prepaid mobile customers rejoiced when telecommunication provider LIME offered free data last weekend as part of their “Big Your Life” summer promotion. The free offer is a first in the Cayman Islands and a first for LIME Caribbean. Prepaid customers were able roam the web, download music and much more free of charge, from […]
Local airline adds extra Honduras flight
(CNS Business): Cayman Airways is adding another flight weekday flight to La Ceiba, Honduras, in order, to meet summer demand for trips to the central American nation, the airline said. The National Flag Carrier has added a new Wednesday flight to the schedule for July and August. The additional flight began on 1 July and […]
CONCACAF cuts ties with firm caught in FIFA scandal
(CNS): The Confederation of North, Central America and Caribbean Association Football (CONCACAF) has cut ties with the sports marketing firm Traffic, which was cited in the US justice department’s massive FIFA corruption and racketeering investigation for allegedly bribing football officials. CONCACAF said Monday that the relationship has come to end by mutual agreement but it […]
Cruise ships coming to Cuba
(CNS Business): Starting in May 2016, the world’s largest cruise company, Carnival Corporation, plans to offer trips from Miami to Cuba. On Tuesday the cruise company announced they have won approval from the US Department of Treasury and US Department of Commerce to operate culturally-themed cruises to the Caribbean island nation. The trips will be […]
Cayman gears up for Common Reporting Standard
(CNS Business): It’s time for another round of international tax cooperation in the Cayman Islands, and now government leaders are turning their attention to what comes next, implementing the OECD’s Common Reporting Standard (CRS). The Cayman Islands Department for International Tax Compliance (DITC) has noticed local financial institutions of the next step and said the […]
Mental health and palliative care lead conference agenda
(CNS Business): Organizers of the sixth annual Cayman Islands Healthcare Conference have confirmed that this year’s event will take place from 29 to 31 October, and will focus on emerging trends in healthcare, especially on mental health, palliative care and allied healthcare. As in previous years, the event is free of charge, with conference costs being covered […]
Three local dive pioneers will enter Scuba Hall of Fame
(CNS Business): Three dive pioneers of the Cayman Islands will soon find their names in the 2015 International Scuba Diving Hall of Fame (ISDHF). Local honourees, Gladys Howard, Nancy Easterbrook and the late Dr James “Jimmie” Poulson will be recognised at the induction ceremony this October.
Walkers announces two new hires for Cayman office
(CNS Business): Attorneys Stuart Rowe and Brett Basdeo have joined the Cayman Islands office of offshore law firm Walkers. Basdeo, who previously worked for rival firm Maples and Calder, joins Walkers as an Associate in its Insolvency & Dispute Resolution team. Rowe, formerly an Associate at Solomon Harris, joins Walkers as Senior Counsel to head Walkers’ real estate group.
Chamber takes pulse of members on cruise port
(CNS Business): With just a few days to go until the Department of Environment closes the public consultation on the draft Environmental Impact Assessment on the proposed cruise dock, the Chamber of Commerce is asking its members to complete a short survey on the issue. Officials from the local business organisation said the Chamber Council is […]
Ex-Chamber boss queries wisdom of port project
(CNS Business): The former president of the Chamber of Commerce has warned that the costly port project should not go ahead based on “unproven back of envelope ‘guesstimates’ about the economic benefits of cruise tourism and private discussions with a select few who are possibly conflicted and have a pecuniary interest to protect in the […]
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