Local Business
Futuristic design for Cayman resort unveiled in Miami
(CNS Business): The design for the proposed resort in the Beach Bay area of Bodden Town was unveiled at an art gallery in Miami recently when developers announced the winning architects for the US$250 million hotel they are building at St James Point. Beach Bay Land Limited (BBLL) said TEN Arquitectos won the competition, beating […]
New T&B law focus of Brac business expo
(CNS): Government officials will be taking the opportunity to make sure the business community on Cayman Brac is prepared for the implementation of the new Trade and Business Law at a forthcoming business expo. Staff from the Department of Commerce and Investment will be at the expo, which is being organised by Hurley’s Media on […]
CAL starts using new boarding ramps
(CNS): Passengers on Cayman Airways have begun using the airline’s new ramps to get on and off the planes. Officials said the new ramps improve safety and comfort, particularly for people with disabilities including those in wheelchairs. The airline said they are a significant step forward for passenger convenience, with an inclined walkway replacing the conventional […]
Port seeks bidders for Spotts dock spruce up
(CNS Business): The Port Authority of the Cayman Islands has issued a request for proposals for bids on the upgrade at Spotts Dock, the area where cruise ships traditionally anchor when weather conditions prevent them from coming into the George Town Harbour. A release on the port’s website asks for suitably qualified contractors to work […]
C&W sold to Liberty Global
(CNS Business): International telecommunications and cable TV company Liberty Global has bought Cable & Wireless Communications (CWC), the parent company of Flow, for £5.4 billion (US$8.2 billion), which includes £1.8bn of debt. This follows the $3.3bn takeover by CWC of regional competitor, Columbus International, on 31 March of this year, through which they also acquired Flow, which has […]
Government bean counters join private sector for conference
(CNS Business): Public sector accounts and other staff will be joining with experts from the private sector during a professional development conference this week hosted by the Cayman Islands Society of Professional Accountants (CISPA) and government and supported by the Office of the Auditor General. The three-day seminar will focus on a variety of relevant […]
Mac gets his own Chamber lunch presentation
(CNS): The Chamber of Commerce has introduced an “opposition lunch” to provide McKeeva Bush, the leader of the opposition, a chance to address its members to present his views on national topics identified by the council as important to the membership and the wider community. Although the non-profit organization that represents local businesses has hosted […]
CAL’s new Saab christened into fleet
(CNS Business): Cayman Airways’ new Saab 340B+ aircraft was formally christened on Friday 13 November at the Charles Kirkconnell International Airport (CKIA) on Cayman Brac. The airline said that the 34-seat aircraft will be phased into service between Grand Cayman and the Brac this month, replacing the 30-seat Embraer E120, which has operated under a […]
CUC brings in 350 ton generators for new plant
(CNS): As work gets underway at the North Sound Road site where an additional power plant is being constructed CUC brought in the new generating equipment this week. The first 350 ton diesel generating units was offloaded at the George Town Dock on Saturday night but it took over four hours to move the machine […]
Cayman to get another shot of Margaritaville
(CNS): The Treasure Island hotel in the heart of Grand Cayman’s tourist district is to become a full-scale Margaritaville Resort, new owners have said. Howard Hospitality Group (HHG) has bought the site, which was on sale for just over $15 million, and said it is already planning a major redesign and renovation of the building to […]
CUC’s profits heating up with increased sales
(CNS Business): Large commercial sales, warm weather and a growth in customers have accounted for increased sales and profits for Grand Cayman’s power provider. Earnings for CUC for the nine months ended 30 September increased by more than $1.3 million compared to last year, the company said in its third quarter report published this week. […]
Hurley’s scoops up rival radio stations
(CNS Business): Hurley’s Entertainment has expanded its media empire with the purchase of two radio stations from Paramount Media. Coming on the heels of the firm’s purchase, with the help of Dart financing, of the television channel Cayman27, Hurley’s announced Thursday that it had acquired Vibe and Spin FM, subject to approval by the Information and Communications […]
Development bank offers loans to SMEs and public servants
(CNS Business): The Cayman Islands Development Bank (CIDB) has introduced two loan programmes, one designed for small- and medium-sized enterprises (SMEs) with proven track records for at least two years, and the other for public sector workers who want to consolidate their high-interest rate debt. Wayne Panton, the minister responsible for financial services and commerce, said […]
DCI on hand at upcoming CayShop expo
(CNS Business): Local business owners have another opportunity to get familiar with the new Trade and Business Licensing Law . Department of Commerce and Investment (DCI) staff will be present at the CayShop business expo, which opens tomorrow, Thursday 29 October, at 5:30pm at the ARC in Camana Bay.
Chamber tells CIG to stop blaming business for social ills
(CNS Business): The Chamber of Commerce has denied that the business community has easy access to work-permits. In response to comments made by Community Affairs Minister Osbourne Bodden in the Legislative Assembly last week, the Chamber’s executive council has taken aim at local politicians, stating, “It’s time respected members of government stopped blaming business owners for […]
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