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Chamber fumes quietly over Rivers’ comments

Chamber fumes quietly over Rivers’ comments

| 10/02/2016 | 15 Comments

(CNS Business): Stuck between a desire to rail against criticisms levelled at it by the employment minister and a wish to show its willingness to cooperate with government, the Chamber of Commerce responded with a short public statement Tuesday. “In order to keep the focus on moving forward, the Chamber will state only that it is concerned […]

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Chamber and CIG make up over unemployment

Chamber and CIG make up over unemployment

| 05/02/2016 | 2 Comments

(CNS Business): The Cayman Islands Chamber of Commerce and the government have agreed to work together to address the unemployment challenges facing the country. After several weeks of finger pointing between government and the Chamber over the issue of employing local workers, the newly elected Executive Committee said they had agreed to “identify ways to stimulate economic growth which […]

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New Chamber boss berates job protectionism

New Chamber boss berates job protectionism

| 01/02/2016 | 9 Comments

(CNS Business): As local politicians and the private sector become increasingly at odds over the growing number of work permit numbers in the face of increasing local unemployment, the new president of the Chamber of Commerce has made it clear that its membership will not support any kind of limit on permits. Paul Pearson, a […]

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Bodden fires parting shots at government

Bodden fires parting shots at government

| 01/02/2016 | 7 Comments

(CNS Business): The departing president of the Chamber of Commerce took aim at the employment minister and the premier in his parting address last week. Barry Bodden, who had completed twelve months as the business body’s leader, criticised Tara Rivers’ failure to engage with the Chamber over the labour bill, the failure of the NWDA […]

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Golf course developers to use waste tyres

Golf course developers to use waste tyres

| 26/01/2016 | 4 Comments

(CNS Business): Developers of a proposed golf resort in the Frank Sound area have struck a deal with a waste company to use the recycled shredded tyres from the George Town dump as fill for an Arnold Palmer 18-hole golf course. Officials from the Ironwood project said they have signed an agreement with a company that […]

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Broken planes challenge CAL fleet

Broken planes challenge CAL fleet

| 25/01/2016 | 12 Comments

(CNS Business): Cayman Airways Ltd has said that problems over maintenance time, missing parts and damage by a ground vehicle in Tampa caused the many delays and cancellations over the holiday period and beyond. Over the last few weeks around 10% of flights were either rescheduled or delayed by more than two hours and 1% of flights were cancelled […]

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CEC added US $70M to local economy

CEC added US $70M to local economy

| 21/01/2016 | 8 Comments

(CNS Business): Cayman Enterprise City officials say that the special economic zone (SEZ) has attracted 60 new companies over the past year, that its impact to the local economy since its creation is nearly US$70 million and that there are now around 300 zone-based employees. Almost five years after former premier McKeeva Bush announced plans for a deal […]

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Airport progresses despite rain delaying work

Airport progresses despite rain delaying work

| 14/01/2016 | 1 Comment

(CNS): Workers have begun erecting the 29,000 square foot steel framed building at Owen Roberts International Airport, the first phase in the expansion plan, which is on schedule despite the weather. Heavy rains in December caused a few delays to the groundwork but the project is on track, according to officials. The Cayman Islands Airport Authority […]

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Regulation of movie showings updated

Regulation of movie showings updated

| 13/01/2016 | 1 Comment

(CNS): The local Film Control Board now has the authority to rate films being shown in Cayman, as the Film Exhibition Control Law (2015) came into effect 1 January. Cabinet has appointed Rita Estevanovich (chair), Tonie Chisholm and Andrew Ebanks to the board for a period of three years. The law also calls for the Department of Commerce […]

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Government confirms new booze board members

Government confirms new booze board members

| 12/01/2016 | 6 Comments

(CNS Business): A new line-up of faces will be on the Liquor Licensing Board as it moves into a new legislative regime following the implementation of the amended law this month. After more than a decade heading up the board, Mitchell Welds has been replaced by Campbell Law, Corporate Manager at Higgs & Johnson Corporate Services […]

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Local college under scrutiny for new accreditation

Local college under scrutiny for new accreditation

| 08/01/2016 | 0 Comments

(CNS Business): The International College of the Cayman Islands (ICCI) is making a bid to be approved by the International Assembly for Collegiate Business Education (IACBE), a professional accrediting organization for college and university business courses. The college’s MBA, MSc in management and its BA in Business Administration, as well as its business associates degree […]

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Business owners warned over new fines

Business owners warned over new fines

| 07/01/2016 | 2 Comments

(CNS Business): Owners who breach business licence requirements risk receiving tickets for fines from $100 to $2,500 now that the new trade and business license law has come into effect, officials from the ministry of commerce have warned.  The amended legislation includes penalties that will be levied on business owners who commit offences ranging from failing […]

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Register hopes for flurry of cruise ship business

Register hopes for flurry of cruise ship business

| 06/01/2016 | 1 Comment

(CNS Business): Commerce Minister Wayne Panton is hoping that the amendments to the gambling law that came into effect on 1 January will steer in new business for the shipping registry. As well as creating a lawful regime for raffles by nonprofit organisations locally, the changes allow for gambling on cruise ships that are registered in the […]

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No take-off yet for proposed new airline

No take-off yet for proposed new airline

| 04/01/2016 | 3 Comments

(CNS) BlueSky Airlines, which had originally planned to launch last summer, is still looking for planes to lease and is not expected to get off the ground until the second quarter of 2016, almost a year later than planned. Chief Commercial Officer Mark Ellinger said the firm was making progress towards launching scheduled flight operations […]

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New T&B regime kicks off New Year

New T&B regime kicks off New Year

| 24/12/2015 | 5 Comments

(CNS Business): With the new trade and business licensing law coming into effect on New Year’s Day, local business owners will need to be up to speed on the amended legislation in order to avoid the increased fines. The goal of the law is to increase compliance rather than punish businesses but there are important […]

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