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Fuel costs fall as earnings rise for CUC

Fuel costs fall as earnings rise for CUC

| 21/02/2017 | 8 Comments

(CNS Business): Grand Cayman’s monopoly power provider enjoyed an increase in net earnings of some $2.4 million last year but CUC said the average cost of bills still fell by almost 32% by the year-end compared to consumer bills at the end of 2014. The power provider said that the combination o [...]

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Regulator seeks to gain trust with consistency

Regulator seeks to gain trust with consistency

| 14/02/2017 | 7 Comments

(CNS Business): The newly appointed boss of the government’s newest regulator says there are several challenges ahead for the new office but one of the most important is gaining the trust of the stakeholders across the utilities that he and the team will be regulating. Consistency, transparenc [...]

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Construction industry trade show set

Construction industry trade show set

| 10/02/2017 | 4 Comments

(CNS Business): A two-day event catering to all things related to the building industry is being held next month at the Arts and Recreation Centre in Camana Bay. The Hurley’s Media Builders Expo, slated for 3-4 March, is designed to connect local architects, contractors, plumbers, electricians [...]

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TV regulator rejects blame over commercial failings

TV regulator rejects blame over commercial failings

| 03/02/2017 | 4 Comments

(CNS Business): Following the news that Cayman 27 is dropping its costly ‘Daybreak’ local morning magazine TV show, the TV arm of the new regulator OfReg has stated that this issue is entirely commercial and not a regulatory matter. “The failure of cable providers to come to an agreement wi [...]

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CAL flying twice weekly to Roatan

CAL flying twice weekly to Roatan

| 24/01/2017 | 5 Comments

(CNS Business): Cayman Airways Limited (CAL) has announced the start of a new twice-weekly service between Grand Cayman and Roatan (RTB) in March. The new Boeing 737 nonstop flights will be in addition to the existing year-round flights to La Ceiba. CAL’s board chair, Phillip Rankin CPA, sa [...]

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Minister aims for business compliance

Minister aims for business compliance

| 19/01/2017 | 3 Comments

(CNS Business): Starting this month, the Department of Commerce and Investment will be clamping down on rogue businesses who have not paid for their trade and business licences or who are not compliant with the other laws. Commerce Minister Wayne Panton said he wants to see a level playing field [...]

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China to ‘favour’ Cayman registered ships

China to ‘favour’ Cayman registered ships

| 13/01/2017 | 0 Comments

(CNS Business): The United Kingdon and Chinese governments have signed a deal on behalf of the Cayman Islands that officials said will boost the competitiveness of the Cayman Islands Shipping Registry. Liu Xiaoming, the Chinese Ambassador to the UK, arrived in Cayman yesterday for a brief visit [...]

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Flow confirms acting MD in local top job

Flow confirms acting MD in local top job

| 20/12/2016 | 2 Comments

(CNS): Victor Salgado, who has been acting as the boss for Flow’s Cayman operations since May, has been formerly appointed as the local managing director for the firm. Salgado joined Cable & Wireless in 2013 but the firm said that he has more than twenty years of leadership experience in t [...]

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Business urged to watch their cash this Christmas

Business urged to watch their cash this Christmas

| 19/12/2016 | 0 Comments

(CNS): Police are reminding local businesses owners to be careful when managing their cash this holiday season. With crime on the up and commercial operations handling more cash than usual, owners are being urged to pay attention. The RCIPS said business owners and the general community should ex [...]

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Jamaican boss to lead Caribbean C&W ops in New Year

Jamaican boss to lead Caribbean C&W ops in New Year

| 19/12/2016 | 0 Comments

(CNS Business): Regional telecommunications conglomerate Cable & Wireless has appointed its Jamaican chief, Garfield “Garry” Sinclair, as president of the Caribbean, covering 15 territories across the region, including Jamaica, Trinidad, Barbados and the Cayman Islands. He will b [...]

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Ironwood claims golf course to start in New Year

Ironwood claims golf course to start in New Year

| 14/12/2016 | 2 Comments

(CNS Business): On her first visit to Cayman, Amy Saunders, daughter of the late Arnold Palmer, said she is committed to keeping alive the idea of the championship golf course in her father’s name at Frank Sound following his death earlier this year. Developers for the course, which is meant t [...]

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New Year fines for owners who fail to renew TBLs

New Year fines for owners who fail to renew TBLs

| 22/11/2016 | 2 Comments

(CNS Business): Owners who are operating businesses using expired licences will be subject to fines under the Trade and Business Licensing Law (TBL) in the New Year, the Department of Commerce and Investment has warned. Government will be clamping down in January and businesses owners who allow t [...]

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Government encourages women into business

Government encourages women into business

| 22/11/2016 | 0 Comments

(CNS): The Ministry of Education, Employment and Gender Affairs is hosting a ‘Lunch and Learn’ session on Wednesday, 30 November, to promote women in business to mark Women’s Entrepreneurship Day. Gender Affairs Minister Tara Rivers said economic participation was crucial to gender [...]

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C&W appoints new CEO to manage transition

C&W appoints new CEO to manage transition

| 22/11/2016 | 0 Comments

(CNS Business): The regional communication company Cable &Wireless Communications has appointed John Reid as CEO of the company to manage its transition after Liberty Global bought the firm earlier this year. Reid will be based in Miami and is tasked with aligning the former UK-based company [...]

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CIG to use private sector more in fleet maintenance

CIG to use private sector more in fleet maintenance

| 15/11/2016 | 0 Comments

(CNS Business): The government has said it will be using the private sector more when it comes to the maintenance of its small vehicle fleet but ongoing reviews of the public sector, which are currently focused on planning ministry departments, are a long way from privatization. Officials said th [...]

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