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New T&B licence law will help small business

New T&B licence law will help small business

| 23/04/2015 | 1 Comment

(CNS Business): Several pieces of legislation recently passed will soon take effect, changing how some local and small businesses operate in the Cayman Islands, and government officials said the new Trade and Business Law is central to these change efforts. Under the new law, rogue contractors who do not have qualified personnel or fail to […]

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Small businesses make the most of DCI Expo

Small businesses make the most of DCI Expo

| 20/04/2015 | 0 Comments

(CNS Business): More than 30 local entrepreneurs gathered at the Family Life Centre on Saturday to showcase their talents and innovation at the third annual Department of Commerce and Investment Small Business Expo. At the event small business owners presented their crafts and designs to around 700 attendees and  learned more about running a company through seminars […]

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International Trainer to Address Pension Sector

International Trainer to Address Pension Sector

| 20/04/2015 | 0 Comments

(CNS Business): The National Pensions Office of the Department of Labour and Pensions (DLP) and the Cayman’s Chartered Financial Analysts (CFA) chapter are coming together to offer a free ethics training session for individuals who administer and regulate pensions plans in the Cayman Islands.

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Panton addresses IP protection laws in the LA

Panton addresses IP protection laws in the LA

| 17/04/2015 | 0 Comments

(CNS Business): The push to modernise Cayman’s Intellectual Property Protection Regime was brought to the forefront in the Legislative Assembly this week by Minister of Commerce Wayne Panton. This presentation follows after a press conference held last month by the minister and cabinet members, explaining why the change of IP laws is so desperately needed in […]

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CUC black out seizes up George Town

CUC black out seizes up George Town

| 14/04/2015

(CNS): Offices, local business, retailers, the courts, government departments, schools and homes across George Town and large parts of Grand Cayman were hit by a more than four-hour power blackout Tuesday — the second one in just a week. The outage led to early closing for schools and many businesses without generators in and around the […]

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Real estate portal makes buying easy

Real estate portal makes buying easy

| 09/04/2015 | 0 Comments

(CNS Business): Whether you’re looking to sell, rent, buy or have someone manage a property in the Cayman Islands, one online real estate marketplace is trying to make it a “one-stop-shop” experience. easyCayman is an online real estate marketplace dedicated to providing a resource for individuals and professionals to be able to find and share vital […]

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KT to present plans for revitalization of capital

KT to present plans for revitalization of capital

| 07/04/2015 | 0 Comments

(CNS Business): The revitalization of George Town has been a topic of conversation for several years. In March, Cayman Island’s Government leaders stressed how critical the update was at the RICS Property Conference. Now, government officials are taking the proposed idea to the next level by unveiling the proposed plans at a Chamber of Commerce […]

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Telecoms merger good for customers

Telecoms merger good for customers

| 07/04/2015 | 1 Comment

(CNS Business): Two billion-dollar telecommunication companies have joined forces to take technology and customer service to the next level. Cable and Wireless Communications, which operates as LIME throughout the Caribbean, announced the company has complete its US$1.85 billion acquisition of all of the equity of Columbus International Inc.

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Calling all marketing professionals

Calling all marketing professionals

| 01/04/2015 | 1 Comment

(CNS Business): Cayman Island’s Marketing Professional Association (CIMPA) is looking for local marketing experts who have excellent marketing techniques and present outstanding qualities to be recognized for their 2015 Marketing Awards. CIMPA officials said the launch of their new annual awards programme is set to identify exceptional marketing practices in Cayman and highlight individuals on their […]

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Brokers break away from CIREBA

Brokers break away from CIREBA

| 30/03/2015 | 7 Comments

(CNS Business): The majority of realtors in Cayman are members of the not-for-profit industry organisation, the Cayman Islands Real Estate Brokers Association (CIREBA). However, many real estate company owners are speaking out and telling CNS Business it’s time break away from the organisation’s “stranglehold” and make a change. 

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Local real estate agents face $5.6M lawsuit

Local real estate agents face $5.6M lawsuit

| 30/03/2015 | 10 Comments

(CNS Business): Re/Max Cayman Islands, as well as agents Kim Lund, James Bovell, Oliver De Hart and prospective developer, Michael Beggs, are all facing a multi-million dollar lawsuit in the US over commission taken on condo sales in a proposed East End development that never happened. The men are accused of conning people into paying […]

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ESO’s annual surveys start Monday

ESO’s annual surveys start Monday

| 27/03/2015 | 0 Comments

(CNS Business): Starting on Monday 30 March, the Economics and Statistics Office (ESO) will conduct multiple surveys to measure the economic performance in the Cayman Islands. The annual surveys apply to all who produce goods and services in the area.

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Cayman updating copyright law

Cayman updating copyright law

| 25/03/2015 | 1 Comment

(CNS Business): Minister of Commerce Wayne Panton announced the Cayman Islands would soon be falling under the UK’s umbrella regarding copyright laws. The minister explained the aim is to offer stronger intellectual property protection that is in line with Britain.

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Boss fined $8,500 for not insuring workers

Boss fined $8,500 for not insuring workers

| 23/03/2015 | 4 Comments

(CNS Business): A local employer has been fined $8,500 for failing to pay the necessary health insurance for a worker. Caytech Electronics and its owner, Marcelo Franca, admitted the infraction and pleaded guilty to not insuring the staff member and his family for almost two years. On 10 March Magistrate Angelyn Hernandez imposed the fine, […]

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George Town bars battle over hours

George Town bars battle over hours

| 23/03/2015 | 0 Comments

(CNS Business): An application by the owner of the Roof Top Lounge on Mary Street to change the licence from a bar to a nightclub faced objections from other bar owners in the capital and allegations were flying back and forth at the liquor licensing board meeting Friday. Donna Myrie, who owns the cocktail-style bar, […]

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