Cayman News
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$21m top up keeps CAL flying
(CNS Business): Despite an increase in the output funding from government to Cayman Airways Limited (CAL) to ensure the national flag carrier can support tourism related and domestic routes, as well as a growth in general revenue in 2012, the airline still ended the year with a more than $4.3 million loss. Government boosted its […]
August cruise arrivals up 57%
(CNS Business): So far this year, cruise ship passenger arrivals are up 17.27% on last year’s figure, with the numbers for August showing a significant rise of 56.78% to 105,936 passengers (up from 67,571 in 2013) from just 16 ships. Year to date cruise arrivals are 17.27% higher in 2014 versus 2013. Air arrivals for the month […]
Cayman tops Banker survey for sixth time
(CNS Business): Cayman’s position as the world’s top specialised financial centre was reconfirmed again this week with the news that this jurisdiction has come first in a leading international survey, topping the specialised financial centres ranking, as compiled by The Banker magazine. This is the sixth consecutive year that the Cayman Islands has led the […]
CI Law School graduate returns from Asia
(CNS Business): Sailaja Alla, senior associate at Harneys, has returned to the Cayman Islands following a series of secondments in Hong Kong. The Cayman Islands Law School graduate spent a total of 4 years working in Asia and has resumed life on island with a wealth of valuable experience, the firm says. “Hong Kong is incomparable […]
Last chance for tourism job drive this Saturday
(CNS Business): The Cayman Islands Tourism Association (CITA) is once again partnering with the National Workforce Development Agency (NWDA) to host CayTED (Cayman Tourism Employment Drive). The first drive dates took place on 18 October and the second will be this Saturday 25 October. Anyone who is unemployed and wants to qualify to be screened […]
Tickets now on sale for Cayman Cookout 2015
(CNS Business): Tickets are now on sale for the Cayman Cookout, which will be hosted by Chef Eric Ripert from 15-18 January 2015. The seventh annual event, hosted by the Cayman Islands Department of Tourism, The Ritz-Carlton, Grand Cayman, and Food & Wine Magazine, will celebrate the Cayman Islands’ dynamic food scene with some of […]
Chamber Pension Plan appoints new acting Chairman
(CNS Business): Experienced financial services professional Eduardo D’Angelo Silva has been appointed as the acting chairman of the Chamber Pension Plan, following the recent resignation of Ashita Shenoy, who said she resigned in order to avoid any conflicts of interest that could arise from the plan’s investment in an audit client. “As a member of an audit firm, […]
Investors compete for ‘Green Economy’ awards
(CNS Business): The Department of Commerce and Investment (DCI) is inviting anyone, both local and foreign, who has invested in the Cayman Islands to compete in the Regional Investor of the Year Awards (RIYA). The entry deadline is 11pm Friday, 31 October. RIYA is an initiative of the Caribbean Association of Investment Promotion Agencies (CAIPA), and its […]
Student offered taste of healthcare careers
(CNS Business): Health City Cayman Islands (HCCI) is providing Year 12 students from the Cayman Islands Further Education Centre (CIFEC) a year long internship programme, as well as offering Year 9 and 10 students from government and private high schools week-long internships over the next seven months. HCCI says that approximately 150 students will benefit from the opportunity […]
Cayman captives reps heading to California
(CNS Business): The Cayman Islands premier will be part of a delegation representing the jurisdiction’s captive insurance industry at the American Society for Healthcare Risk Management annual conference (ASHRM) next week. Alden McLaughlin, Councillor Roy McTaggart and Tamara Ebanks, Deputy Chief Officer of the Ministry of Financial Services, will be among the 31 people from […]
Clock ticking on daylight savings discussion
(CNS Business): The Department of Commerce and Investment is making a final appeal to the public to complete the government’s survey on the introduction of daylight savings time in the Cayman Islands. The on-line questionnaire will close at the end of this month and people are being urged to express their opinion on whether Cayman […]
Cayman Express improves airlift for Cayman Brac
(CNS Business): A 30-seat Embraer 120 aircraft, which will be in use by Cayman Airways Limited (CAL) until early next year, completed its inaugural flight between Grand Cayman and Cayman Brac Wednesday 15 October. The Embraer was obtained under a temporary wet lease arrangement and will be operated by interCaribbean Airways. According to CAL President […]
Moxam calls for financial services plan
(CNS Business): The Chamber of Commerce president said he was surprised that, despite its significance to the local economy, the Cayman Islands Government does not have a strategic plan in place to deal with the financial services sector. At the Chamber’s annual legislative lunch last week, Johan Moxam argued that much more needed to be done […]
Premier pats financial services minister on back
(CNS): The Cayman Islands premier was singing the praises of his long-time friend and Cabinet colleague last week when he singled out the financial services minister for a pat on the back over his handling of the latest slight over Cayman’s offshore sector. Alden McLaughlin said that Cayman had once again been forced to defend […]
CIG is helping economic growth, claims premier
(CNS): Economic activity is on the up, Premier Alden McLaughlin has said, and his government is helping things along. Marketing Cayman as a great place to do business was a key focus of the Progressive administration, he said at the Chamber of Commerce Legislative Lunch last week, as he revealed a number of new initiatives, […]
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