Local Business
Airport begins search for builders
(CNS): The Cayman Islands Airports Authority has started the process to find a general contractor to undertake the renovation and expansion of Owen Roberts International Airport terminal. Airport officials said the first step is to prequalify general contractors for the second but main phase of the project. This contract will be for the terminal building, including approximately […]
Booze bill lifts current moratorium
(CNS): Government’s moratorium on new licences for businesses to sell alcohol will end with the passing of a new bill, which is expected to be debated in the Legislative Assembly this week. Government is bringing amendments to the liquor licensing law, which will also tie liquor licences to specific trade and business licences, allow more flexibility in […]
CIMPA Marketing Conference focuses on innovation
(CNS): Over 100 marketing and communication professionals are expected to attend the third Annual CIMPA Marketing Conference on Tuesday 13 October, hosted and organized by the Cayman Islands Marketing Professionals Association (CIMPA), with the theme, “The Art of Innovation”. Speakers will include both local and international industry experts in a number of marketing related fields, such […]
Chamber leader accuses CIG of appeasing minorities
(CNS Business): The Labour Relations bill is an example of legislation drafted to appease the concerns of a small minority and not the fix needed to grow the economy, the Chamber of Commerce president said in his address at the Legislative Lunch last week. Barry Bodden made it clear that the Chamber does not support […]
CWC squeezes out LIME and goes with the Flow
(CNS): The regional telecommunications company Cable & Wireless Communications (CWC) began is retail rebrand in Cayman Thursday, saying goodbye to LIME and introducing Flow. This is the third jurisdiction where the rebrand has taken place but it is the first where the Flow brand is not already in the market. Flow was once the retail arm of […]
LIME drops Ericsson to do its own service work
(CNS Business): Local telecommunications operator LIME has cancelled its field service contract with Ericsson and is bringing the maintenance and support work back in-house as part of what it said was its promise “to overhaul and improve its customer service experience”. Cable and Wireless Communications (CWC), the operator of LIME, which is being rebranded to […]
5-star resort expected to bring new life to BT
(CNS): A 200-room five-star hotel and 75 private condos planned for the Beach Bay of Bodden Town has taken a step towards becoming a reality after government signed an official agreement Thursday that will see construction start on the project inside twelve months. The investors involved in the project said the goal was to have […]
Changes coming to liquor law and board
(CNS Business): Government is finalising amendments to the liquor licensing law that will change how booze licenses are allocated, linking them directly to premises rather than individuals. Commerce Minister Wayne Panton said that the forthcoming amendments to the law would see liquor licenses tied to trade and business licences and address some of the problems created […]
CUC and OTEC still hopeful about ocean energy
(CNS): The development of a commercial ocean thermal energy conversion system in the Cayman Islands remains a real possibility, according to both CUC and industry experts, Cayman OTEC. It is almost four years since CUC signed a non-binding ‘term sheet’ with the firm to begin a feasibility study in Grand Cayman, which is seen as […]
Business law to create equity for local commerce
(CNS): Revisions to the Trade and Business Licensing Law passed in the Legislative Assembly almost a year ago are expected to create a fairer environment for local commerce and increase compliance when the legislation is finally implemented next month. The main goal is to curtail illegal vending and make compliance easier, so the law offers […]
Chamber wins DCI workshop contract
(CNS Business): The Chamber of Commerce will be taking over the small business workshops that were being provided by the DCI, government officials have revealed almost a month after the contract was awarded following a tendering process. Government has not said how much it is worth or who else bid but the deal will now see […]
Estonians to teach CIG about e-government
(CNS): A team of experts from the Baltic state of Estonia will be sharing their knowledge and experience with government officials this week about best practices in e-governance. Although successive administrations have pointed to the power of the web as a way of increasing government efficiency and cutting costs, Cayman has been slow to use […]
Cayman urged to offset carbon footprints
(CNS Business): Local businesses with a heavy carbon footprint struggling to reduce their emissions are being offered a local option for offsetting those greenhouse gases. A new partnership between the National Trust of the Cayman Islands and a local green energy company will help companies compensate for hard to eliminate emissions by contributing to local […]
Strand shopping plaza up for sale at $15.5M
(CNS): One of Seven Mile Beach’s larger shopping centres is up for sale with a price tag of $15,495,000. The Strand Plaza, which is home to one of Foster’s supermarkets and Kirk Freeport’s stores, is on the market and described by the real estate agent who is marketing the property as a “truly exceptional opportunity” — […]
MLA presses lawyers to hire and train locals
(CNS Business): George Town C4C backbencher, Winston Connolly, is asking members of the legal profession to sign a document committing them to increasing the participation of locals in their profession and to double the number of Caymanians that reach equity partner by 2020. As the government works towards finalising its draft legal practitioners law, Connolly […]
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