Local Business
Customs begins registering importers for e-system
(CNS Business): The Cayman Islands Customs Department will start registering importers Monday, ahead of plans to roll out a new online electronic system for entry declaration in November. The implementation of the new system will require importers to complete and submit entries electronically to customs using the new gateway portal COLS (Customs Online System). Importers will […]
Premier urges bosses to take part in wage survey
(CNS Business): Premier Alden McLaughlin is urging all employers to take part in the forthcoming Occupational Wage Survey, as the data collected will be an important tool for government and business in a number of areas, such as re-assessing the current minimum wage and helping young Caymanians make future career decisions. “It is critical that […]
CUC staff help BVI restore power
(CNS Local Life): Seven members of CUC’s transmission and distribution (T&D) operations department left Grand Cayman Monday, 9 October to assist the British Virgin Islands Electricity Corporation (BVIEC) with the restoration of power following the passing of Hurricane Irma and Hurricane Maria in September. The linepersons are expected to be in the British Virgin Islands […]
CUC speeds power restoration in TCI
(CNS Business): Caribbean Utilities Company (CUC) has sent two more staff members to hurricane-hit Turks and Caicos Islands (TCI). Right after Irma ripped though the islands, CUC sent a crew of seven linepersons to help with restoration efforts. But with conditions there still very difficult, Joshua Ebanks, supervisor for transmission and distribution planning and estimating, […]
Doctor sells paper to former bank boss
(CNS Business): Dr Steve Tomlinson has sold The Cayman Reporter to Ralph Lewis, the former head of the Cayman Islands Development Bank. The acquisition by Lewis, who also owns the more recent publication, Caymanian Times, comes after months of speculation that the Reporter was in dire financial trouble. Lewis refused to say, when asked by […]
Dart puts in plans for new Foster’s store
(CNS Business): Cayman’s largest land owner has announced yet another venture to expand its growing property empire. Dart Real Estate has submitted a planning application to build a supermarket at the northern end of Camana Bay, which Foster’s Food Fair has agreed to lease. According to a release on the company website, the 60,000 square feet of […]
Ex-Digicel boss moves to C3
(CNS Business): Martin Bould, formerly the chief executive officer at the regional telecom firm, Digicel, has taken the top job at locally owned communications firm, C3. Officials from the wholly Caymanian-owned company said in a press release that Bould will head up the expansion of the firm. The news of his appointment as C3’s new […]
GT hotel proposal faces local opposition
(CNS Business): The proposed new hotel development at the Pageant Beach site in George Town will be going before the Central Planning Authority on Wednesday, but not everyone will be hoping the board gives the proposed project the nod. Despite enthusiastic support from government for the new hotel in the capital, residents in the area […]
Dart buys another piece of 7MB
(CNS Business): Already the largest landowner in the Cayman Islands, the Dart Group has made another significant purchase with the acquisition of Royal Palms Beach Club in the heart of Seven Mile Beach, along the West Bay Road. Neither the seller, Coral Apartments Ltd, nor Dart has said how much the near three and a […]
New law boosts trade mark registrations
(CNS Business): Since the Trade Marks Law came into effect 1 August 2017, modernising legislation which originally dates from the 1970s, the Cayman Islands Intellectual Property Office (CIIPO) has received 50% of the total number of applications to register trade marks usually submitted in a year. As of 29 August, the office had received more […]
CPA paves way for GT boutique hotel
(CNS Business) The Central Planning Authority has paved the way for a boutique hotel on the old Tree House site on the George Town waterfront after granting planning permission to NCB Investments at last month’s meeting. One of two planned hotel developments in the area, the $30million project is for a five-storey hotel, restaurant and […]
IMAC books self-help guru for annual talking-shop
(CNS Business): The author of the self-help book, The 5 Second Rule, and award-winning CNN contributor Mel Robbins will top the bill at the 25th Cayman Captive Forum this year, organisers of the conference, Insurance Managers Association of Cayman (IMAC), have said. The industry talking-shop will include a line-up of relevant sector contributors but the […]
Carnival to bring jobs as well as fun
(CNS Business): With a trip down memory lane for many local people and a new experience for others, local businessman Matthew Leslie is promising to bring all the fun of the fair to Cayman at the end of this year as well as jobs and businesses opportunities. Leslie said he is in the process of […]
Small businesses concerned over cost of finance
(CNS Business): The president of the Cayman Islands Small Business Association (CISBA) has said that financial institutions are setting up entrepreneurs for failure because of the cost of loans. This was one of a number of issues that Dawn McLean-Sawney raised with the new minister for commerce, Joey Hew, when he visited the offices recently.
GT hotel projects begin planning process
(CNS Business): Two new hotel development projects on the coastline along North Church Street in George Town have begun the planning process after one project was listed to be heard at this week’s Central Planning Authority meeting and developers for a second recently announced that they had submitted plans. NCB Investments is making a rezoning application […]
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