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Local trade website hack hits 1,000s of users

Local trade website hack hits 1,000s of users

| 29/08/2015 | 0 Comments

(CNS Business): The Cayman-based web directory and trading site, Ecay Business, has been hacked, impacting what the local regulator has said is thousands of user accounts, passwords and email addresses. Users are being urged to change their passwords and any other passwords they use on other sites similar to the ones used on Ecay.

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LIME promotes young Caymanian to HR manager

LIME promotes young Caymanian to HR manager

| 25/08/2015 | 2 Comments

(CNS) Local telecommunications firm LIME has appointed Matthew Seales as its new human resources manager for the Cayman business. Seales has worked for LIME Cayman Islands for the last seven years, having started as a retail sales associate and worked his way up to retail sales manager, looking after several stores.  Now, officials said, he will […]

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Private sector development boom fails to materialize

Private sector development boom fails to materialize

| 20/08/2015 | 0 Comments

(CNS Business): Progress on the private sector construction projects government is depending on to boost the local economy is thin on the ground as the PPM administration passes its halfway mark. From Frank Sound to George Town, government has touted a number of proposed developments by private sector investors that it is hoping will create […]

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Ministry wraps up pensions public meetings

Ministry wraps up pensions public meetings

| 18/08/2015 | 1 Comment

(CNS Business): Community members gathered one last time on Thursday night at the George Town Town Hall to discuss the proposed changes the Ministry of Employment and the Department of Labour and Pensions have suggested in the National Pensions Law 2015. Minister of Employment Tara Rivers said the ministry set out to gain public input […]

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Cayman Airways reveals new aircraft

Cayman Airways reveals new aircraft

| 14/08/2015 | 10 Comments

(CNS Business): Cayman Airways expanded their aircraft fleet on Friday with a new turboprop plane that will exclusively service between Grand Cayman and Cayman Brac. The 34-seater Saab 340B+ aircraft will replace the 30-seat Embraer E120 service, which is currently operated under a wet-lease arrangement with InterCaribbean Airlines. 

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Gas prices on the rise

Gas prices on the rise

| 13/08/2015 | 4 Comments

(CNS Business): The planning minister has questioned the basis for the increase of fuel prices and suggested that oil companies are “making hay while the sun shines”. Kurt Tibbetts continues to push for some type of public utilities commission to oversee the islands’ two major fuel distributors.  Such a body will have the power to check and order […]

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Road extension set to start November

Road extension set to start November

| 11/08/2015 | 0 Comments

(CNS Business): Two years after the Ironwood project was announced, developers said they are finally set to break ground on the $360 million commercial, tourism and residential community in Frank Sound by the end of this year. The uncertainty surrounding the future development of Cayman’s first ever PGA championship golf course has been questioned and […]

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CUC claims 99.95% reliability in latest results

CUC claims 99.95% reliability in latest results

| 03/08/2015 | 9 Comments

(CNS Business): Grand Cayman’s monopoly provider claimed that it had a near perfect rate of keeping the island connected in the second quarter of this year. Despite a blackout across George Town in April that lasted more than four hours, Caribbean Utilities Company (CUC) said that customers on average experienced less than one outage lasting under an […]

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Builders Bill heading for the LA

Builders Bill heading for the LA

| 30/07/2015 | 0 Comments

(CNS Business): The long debated Builders Bill, which would create more accountability in Cayman’s construction industry and protect those who hire contractors, will make its way to the Legislative Assembly when parliamentary meetings continue next month. The bill, which is on government’s agenda for 12 August, is an update to the law passed in May […]

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Cayman Shipping Registry in top six

Cayman Shipping Registry in top six

| 28/07/2015 | 0 Comments

(CNS Business): A division of the Maritime Authority of the Cayman Islands is making waves in a recently published shipping performance report. In the Tokyo Port State Control 2014 Annual Report, the Cayman Islands Shipping Registry is listed as one of the six best performing Maritime Administrations. 

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Power outage costly for small businesses

Power outage costly for small businesses

| 27/07/2015 | 0 Comments

(CNS Business): The island-wide power outage that left customers all over Grand Cayman without power on Friday proved costly for some small business owners, some of whom are now considering purchasing a back-up generator after losing a day’s worth of business. Carey Burns, owner of Karma Closet & Kids Karma Closet wanted to know, “Is CUC going […]

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Labour bill seeks boss-worker balance, says ministry

Labour bill seeks boss-worker balance, says ministry

| 27/07/2015 | 1 Comment

(CNS Business): The employment ministry has accused a local lawyer of trying to “sensationalise certain issues” during a Chamber of Commerce presentation to the business community. Ministry officials said concerns about the new labour bill would all be considered during the consultation process but that employers who abide by the law need not fear increased […]

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Bank shuts down money transfer business

Bank shuts down money transfer business

| 20/07/2015 | 6 Comments

(CNS Business): Fidelity Bank leaders said that due to “economic times and risks” they have officially closed the doors to their money transfer service, Western Union, throughout the Cayman Islands. The Board of Directors of Fidelity Bank & Trust International Limited (FBT) and its subsidiary boards have announced that they will no longer offer Western Union […]

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First alumni graduate from hospitality school

First alumni graduate from hospitality school

| 18/07/2015 | 2 Comments

(CNS Business): UCCI School of Hospitality Studies held their first annual awards ceremony Thursday night and recognised 19 young Caymanians who had successfully completed the program. The hospitality school was launched in September 2014 and the course has been designed so that students experience many different aspects of Cayman’s hospitality sector. 

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CUC in legal wrangle with telecom firms

CUC in legal wrangle with telecom firms

| 16/07/2015 | 1 Comment

(CNS Business): A legal battle has begun as Caribbean Utilities Company Ltd (CUC) seeks a restraining order against two local cable providers in the Cayman Islands. According to papers filed with the Grand Court, CUC officials claim both Logic and C3 used CUC’s utility poles to hang cable lines without permission. CUC filed two writs […]

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