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CUC opens up more CORE capacity

CUC opens up more CORE capacity

| 11/05/2017 | 6 Comments

(CNS Business):  The new utilities regulator has approved the allocation of two more megawatts of capacity for CUC’s Consumer-Owned Renewable Energy (CORE) programme as the 6MW previously allocated has reached its limit. Caribbean Utilities Company (CUC) said that customers will have access to [...]

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Hospital begins dispensing cannabis oil

Hospital begins dispensing cannabis oil

| 09/05/2017 | 4 Comments

(CNS Business): Grand Cayman’s CTMH Doctors Hospital and Cayman Pharmacy Group has introduced medical cannabis for physician selected patients who are resident in the Cayman Islands. Case studies reveal life changing results for patients suffering with chronic pain, neuropathic pain and seizure [...]

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Caymanian takes over top job at Digicel

Caymanian takes over top job at Digicel

| 08/05/2017 | 0 Comments

(CNS Business): Raul Nicholson-Coe will be taking over the top job at Digicel’s Cayman Islands operation, the firm said in a release Monday. The local telecoms expert, who is currently the chief operating officer with the firm, will take over as chief executive officer from Martin Bould on [...]

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Regulator seeks input on handling powerful utilities

Regulator seeks input on handling powerful utilities

| 03/05/2017 | 4 Comments

(CNS Business): The newly formed Utility Regulation and Competition Office (OfReg) has launched a public consultation to seek input on how it will manage and deal with monopolies in the utility sector. Officials said they want people to comment on what criteria and items of evidence should be use [...]

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More gas stations cleared to sell booze

More gas stations cleared to sell booze

| 12/04/2017 | 4 Comments

(CNS Business): Once, only a very small number of gas stations in Cayman were allowed to sell liquor but another six were added to the list following a recent liquor licensing board meeting and one has even been cleared to sell alcohol on Sundays. However, there appear to be some inequities emer [...]

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Health insurance firm U-turns on Shetty hospital

Health insurance firm U-turns on Shetty hospital

| 12/04/2017 | 11 Comments

(CNS Business): Following a memo sent to British Caymanian Insurance customers last month by management blocking cover for treatment at Health City Cayman Islands in East End, the firm has made an about turn, and in a joint statement with HCCI has announced it will now extend cover to all servic [...]

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Caymanians advance at Community Rehabilitation

Caymanians advance at Community Rehabilitation

| 07/04/2017 | 2 Comments

(CNS Business): The Department of Community Rehabilitation (DCR) has promoted three young Caymanians, one to a newly created management position. Lisa Malice, Erica Ebanks and Kacey Mobley have all moved up the ladder at the department. Malice has taken on the new role of deputy director of DCR. [...]

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Insurance firm blocks cover at Health City

Insurance firm blocks cover at Health City

| 06/04/2017 | 38 Comments

(CNS Business): British Caymanian Insurance Company (BritCay) will not cover patients to attend Health City Cayman Island for any treatment unrelated to cardiac care. In a memo sent to people who are insured by the agent that represents Colonial Medical Insurance, the firm said it wanted to revi [...]

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Caymanians graduate from wine school programme

Caymanians graduate from wine school programme

| 06/04/2017 | 7 Comments

(CNS Business): Seven young Caymanians recently earned a certification in wines and spirits, which could lead to careers in the hospitality industry. The Level 2 certification course, which included 24 hours of class time and 36 hours of practical internship, was the result of a partnership betwe [...]

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Cayman retains Moody’s credit ratings

Cayman retains Moody’s credit ratings

| 27/03/2017 | 1 Comment

(CNS Business): The Cayman Islands has kept its international credit rating from Moody’s of Aa3 for its government’s bonds issued in a foreign currency, and an Aa2 rating for long-term foreign currency ceiling bonds and notes. Finance Minister Marco Archer said the rating and stable outlo [...]

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CAL increases flights to Sister Islands

CAL increases flights to Sister Islands

| 27/03/2017 | 1 Comment

(CNS Business): Cayman Airways said that there has been an increased demand for seats on flights to the Sister Island, so Cayman Airways Express has added a new flight rotation between Cayman Brac and Grand Cayman with its Saab 340 B+ aircraft six days a week. On Tuesday 4 April the National Flag [...]

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Minister signs deal to support small businesses

Minister signs deal to support small businesses

| 27/03/2017 | 0 Comments

(CNS Business): The Cayman Islands Small Business Association (CISBA) has been contracted by the commerce ministry to help support and deliver certain small-business services. Minister Wayne Panton and CISBA President Dawn McLean-Sawney signed a memorand [...]

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3,500 businesses asked for data to measure local economy

3,500 businesses asked for data to measure local economy

| 27/03/2017 | 0 Comments

(CNS Business): The Economics and Statistics Office has begun its annual business surveys to measure local economic performance. Officials said about 3,500 forms for the System of National Accounts (SNA) and the Balance of Payments (BOP) surveys, which began Monday, have been sent to the business [...]

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ESO begins annual business survey

ESO begins annual business survey

| 15/03/2017 | 0 Comments

(CNS): The Economics and Statistics Office will be starting its annual business surveys in less than two weeks to get accurate data on the local economy. The survey forms will be hand-delivered, mailed or emailed to all entities that produce goods and services in the Cayman Islands. The surveys [...]

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Lawyers sue Ironwood developers for $95k debt

Lawyers sue Ironwood developers for $95k debt

| 14/03/2017 | 23 Comments

(CNS Business): The company that is planning a huge multi-million-dollar resort based around an Arnold Palmer golf course is being sued by a local law firm for an outstanding debt of around CI$95,000. Despite promoting plans for the proposed significant $300+ million development in Frank Sound, [...]

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