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Minister aims for business compliance

Minister aims for business compliance

| 19/01/2017 | 0 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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Cayman promotes its new intellectual rights regime in US

Cayman promotes its new intellectual rights regime in US

| 14/11/2016 | 0 Comments

(CNS): Officials from the Cayman Islands Intellectual Property Office (CIIPO) are heading to Florida this week to promote the country’s new regime. Deputy Registrar General Donnell Dixon said the invitation to the International Trade mark Association (INTA) Leadership Meeting was recognition of [...]

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Power consumption and development fuels CUC

Power consumption and development fuels CUC

| 14/11/2016 | 2 Comments

(CNS Business): CUC’s profits fell in the third quarter of this year by half a million dollars compared to last year due to higher depreciation and finance charges the company expected to sustain after completing its new generator project in June. The loses were partially offset by higher elect [...]

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Plans to cut dredging go to cruise lines

Plans to cut dredging go to cruise lines

| 15/11/2016 | 8 Comments

(CNS): The tourism ministry councillor, Joey Hew, has claimed that the cruise port’s new design reduces the dredging footprint, as government prepares to begin the tender process for the controversial project, which it maintains will be underway before the election. With the tourism ministry’ [...]

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Industry analysts find Flow fastest local provider

Industry analysts find Flow fastest local provider

| 24/10/2016 | 32 Comments

(CNS Business): Independent telecoms analyst Ookla, which operates speedtest.net, an online portal that measures internet speeds, has found that Flow has the fastest broadband and mobile services in the Cayman Islands, based on raw data records for the past six months. Regardless of ongoing compl [...]

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Plug pulled on local electrical contractors

Plug pulled on local electrical contractors

| 24/10/2016 | 6 Comments

(CNS Business): As many as 60 people could have lost their jobs after a leading electrical firm went bust. MEPCO, which was created in 2008 and owned by local businessmen Jimmy Laurenson and Michael Brown, is now in the hands of liquidators. Despite having a significant presence on the island and [...]

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