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Tourism sector puts faith in cops over crime

Tourism sector puts faith in cops over crime

| 14/08/2017 | 1 Comment

(CNS Business): The Cayman Islands Tourism Association (CITA) has said it is encouraged to learn that the police are now addressing several of the concerns stakeholders in the sector have had for some time about rising crime. Following a meeting with the police commissioner and other senior polic [...]

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CPA paves way for GT boutique hotel

CPA paves way for GT boutique hotel

| 09/08/2017 | 3 Comments

(CNS Business) The Central Planning Authority has paved the way for a boutique hotel on the old Tree House site on the George Town waterfront after granting planning permission to NCB Investments at last month’s meeting. One of two planned hotel developments in the area, the $30million proj [...]

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IMAC books self-help guru for annual talking-shop

IMAC books self-help guru for annual talking-shop

| 09/08/2017 | 0 Comments

(CNS Business): The author of the self-help book, The 5 Second Rule, and award-winning CNN contributor Mel Robbins will top the bill at the 25th Cayman Captive Forum this year, organisers of the conference, Insurance Managers Association of Cayman (IMAC), have said. The industry talking-shop will [...]

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US fraudster used stolen cash for Cayman home

US fraudster used stolen cash for Cayman home

| 07/08/2017 | 10 Comments

(CNS Business): A Kansas City man who admitted embezzling over US$6.5 million from his bosses also used some of his ill-gotten gains to buy a pricey beach house in the Cayman Islands using Cayman National Bank, according to a release from the US Attorney’s Office for the Western District of [...]

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Air arrivals heading for record-breaking year

Air arrivals heading for record-breaking year

| 02/08/2017 | 12 Comments

(CNS Business): As the tourism sector passes the halfway mark for 2017 government officials are confident that the Cayman Islands will enjoy another record-breaking year as a destination for overnight visitors. If the numbers continue Cayman can expect to see at least 400,000 guests this year. Fo [...]

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Carnival to bring jobs as well as fun

Carnival to bring jobs as well as fun

| 24/07/2017 | 36 Comments

(CNS Business): With a trip down memory lane for many local people and a new experience for others, local businessman Matthew Leslie is promising to bring all the fun of the fair to Cayman at the end of this year as well as jobs and businesses opportunities. Leslie said he is in the process of w [...]

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Rivers begins job as advocate for offshore sector

Rivers begins job as advocate for offshore sector

| 24/07/2017 | 2 Comments

(CNS Business): The new financial services minister began her work as a voice for Cayman’s offshore sector during the recent visit to the UK for the Brexit meetings with the overseas territories. Tara Rivers was also advocating for the financial services industry, which she now has respons [...]

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Small businesses concerned over cost of finance

Small businesses concerned over cost of finance

| 24/07/2017 | 2 Comments

(CNS Business): The president of the Cayman Islands Small Business Association (CISBA) has said that financial institutions are setting up entrepreneurs for failure because of the cost of loans. This was one of a number of issues that Dawn McLean-Sawney raise [...]

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US court case to examine losses of Ritz investors

US court case to examine losses of Ritz investors

| 24/07/2017 | 3 Comments

(CNS Business): A legal case in the South Dakota Supreme Court is scheduled to hear arguments this week on how a charitable foundation created by Marvin Schwan, a US frozen food magnate, lost around $600 million in offshore real estate ventures, including cash invest [...]

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GT hotel projects begin planning process

GT hotel projects begin planning process

| 23/07/2017 | 5 Comments

(CNS Business): Two new hotel development projects on the coastline along North Church Street in George Town have begun the planning process after one project was listed to be heard at this week’s Central Planning Authority meeting and developers for a second recently announced that they h [...]

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Bars need inspections ahead of renewals

Bars need inspections ahead of renewals

| 17/07/2017 | 3 Comments

(CNS Business): Liquor licence holders in the Cayman Islands have just one month before their annual renewals are due. Licence holders, including those with music and dancing licences, that want to carry on having the right to sell booze need to submit their applications before Friday, 18 August [...]

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Cayman committed to maritime improvements

Cayman committed to maritime improvements

| 17/07/2017 | 1 Comment

(CNS Business): A message from the new financial services minister to delegates at a shipping conference in Cayman last week pointed to the committment of the Maritime Authority of the Cayman Islands (MACI) to make life at sea safe, minimise ship pollution and encourage optimal living and workin [...]

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Non-profit law cuts fees for charities

Non-profit law cuts fees for charities

| 09/07/2017 | 1 Comment

(CNS Business): The implementation of the new Non-Profit Organisation Law, 2016 on 1 August will pave the way for charities and non-profit entities to avoid government fees. The law is part of a raft of new legislation passed in order to steer Cayman safely through the jurisdiction’s Caribb [...]

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Imports fall by 2% in 2017’s first quarter

Imports fall by 2% in 2017’s first quarter

| 09/07/2017 | 1 Comment

(CNS Business): The total value of all goods imported into the Cayman Islands in the first quarter of 2017 was CI$207.8 million, a drop of some CI$4.3 million compared with the same period last year. Officials from the Economics and Statistics office said the decline was due to a 6.1% reduction [...]

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Chamber commits to cooperate over disaster relief

| 09/07/2017 | 0 Comments

(CNS Business): The Chamber of Commerce has signed a statement of purpose alongside Caribbean Central American Action (CCAA), Hazard Management Cayman Islands (HMCI) and Cayman Islands Tourism Association (CITA) to beef up coordination over disaster preparations. “It is vital that we are pr [...]

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