Local Business
Chamber Pension Plan appoints new acting Chairman
(CNS Business): Experienced financial services professional Eduardo D’Angelo Silva has been appointed as the acting chairman of the Chamber Pension Plan, following the recent resignation of Ashita Shenoy, who said she resigned in order to avoid any conflicts of interest that could arise from the plan’s investment in an audit client. “As a member of an audit firm, […]
Investors compete for ‘Green Economy’ awards
(CNS Business): The Department of Commerce and Investment (DCI) is inviting anyone, both local and foreign, who has invested in the Cayman Islands to compete in the Regional Investor of the Year Awards (RIYA). The entry deadline is 11pm Friday, 31 October. RIYA is an initiative of the Caribbean Association of Investment Promotion Agencies (CAIPA), and its […]
Student offered taste of healthcare careers
(CNS Business): Health City Cayman Islands (HCCI) is providing Year 12 students from the Cayman Islands Further Education Centre (CIFEC) a year long internship programme, as well as offering Year 9 and 10 students from government and private high schools week-long internships over the next seven months. HCCI says that approximately 150 students will benefit from the opportunity […]
Clock ticking on daylight savings discussion
(CNS Business): The Department of Commerce and Investment is making a final appeal to the public to complete the government’s survey on the introduction of daylight savings time in the Cayman Islands. The on-line questionnaire will close at the end of this month and people are being urged to express their opinion on whether Cayman […]
CIG is helping economic growth, claims premier
(CNS): Economic activity is on the up, Premier Alden McLaughlin has said, and his government is helping things along. Marketing Cayman as a great place to do business was a key focus of the Progressive administration, he said at the Chamber of Commerce Legislative Lunch last week, as he revealed a number of new initiatives, […]
Cayman bean counters to confer on best practice
(CNS): Registration for the annual Government Professional Development Week, which will take place in November, is now open, officials have stated. The special conference organized by the Cayman Islands Society of Professional Accountants (CIPSA) is open to both public and private sector financial management professionals and covers the latest developments in managing public sector resources […]
Department of Labour & Pensions fills empty posts
(CNS Business): A number of senior positions at the Department of Labour & Pensions left vacant for some months have recently been filled “through succession planning, reassignment of staff, and appointment of new personnel in an effort to improve service delivery to meet client needs”, the department says, although there is no word yet regarding […]
‘Are you really Tom Cruise?’
(CNS Business): Proving that he can take a joke, Tortuga Rum Company founder Robert Hamaty has released a video, in partnership with creators CML TV, making fun of himself for being “had” last week by professional Jack Nicholson impersonator Jack Bullard, who called in at the company’s outlet store during a cruise ship visit. Thinking […]
After re-development, ORIA duty free shops will be tendered
(CNS Business): Although it is still quite far off, the Cayman Islands Airports Authority (CIAA) have said that once renovations to the departures area of the Owen Roberts International Airport (ORIA) are completed, as part of the major redevelopment of Cayman’s main airport, the duty free concession areas will be put to tender. The CIAA said […]
New diesel generators will reduce power bills
(CNS Business): The US$85 million contract to produce 36 MW of incremental generating capacity on Grand Cayman is the largest single project that Caribbean Utilities Company (CUC) has ever undertaken, President and CEO Richard Hew said following news that CUC had out bid its competitors, DECCO (Dart Group), which submitted two proposals, and the Louis […]
Cayman Brac student is new Tourism Ambassador
(CNS Business): Katherine Tatum, a student of Layman Scott High School, topped the 2014 Tourism Speak Off’ debates held at The Ritz-Carlton, Grand Cayman on Wednesday, 24 September and was crowned ‘Tourism Ambassador’, to serve for a period of one year. Kayci McCarther representing Grace Christian Academy, and Monike Buck and, Max Pairaudeau from Cayman Prep […]
Medicare-type health insurance being proposed
(CNS Business): Employers are compelled under the law to provide workers with health insurance through one of the Cayman Islands’ approved insurance providers, but after retirement many employees are finding that they are without coverage. However, the Health Insurance Commission (HIC) is currently working on a proposal for government for a retirement health insurance plan […]
Harneys sponsors young Caymanian to pursue law degree
(CNS Business): Sydonie Barrett (19) , a former student at St Ignatius School, has been awarded a scholarship by Cayman law firm Harneys to study law at the University of Surrey in the UK. Managing Partner at the firm, Marco Martins, said that Harneys had given Barett the opportunity to qualify with a law degree and postgraduate qualification, which in turn will […]
Noise complaints get mixed response from booze board
(CNS Business): While complaints from residents about the noise from the Kings Sports Centre did not prevent the Liquor Licensing Board from granting the facility a music and dance licence, complaints from Casanova’s about its neighbour, Cayman Cabana, resulted in a refusal for the owner’s request for live music. Last week’s annual general meeting saw […]
Re-zone paves way for Bodden Town hotel
(CNS Business): A recent vote in the Legislative Assembly has paved the way for the development of a new resort in the Beach Bay area of Bodden Town. The project has been on the cards for a long time and the planning minister told his parliamentary colleagues, earlier this month that the current government picked […]
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