Local Business
Converting cast-offs into school supplies
(CNS Business): The fourth annual DMS Gives Back Garage Sale raised just over CI$1,000 for the Business Professional Women’s Association to purchase school supplies for needy children in our community. This year’s event, which took place on Saturday 9 August, was supported by DMS Broadcasting who donated air time to promote the event and by Lions […]
Architects to be registered under proposed legislation
(CNS Business): Proposal legislation would require architects and engineers in the Cayman Islands to be registered, and they would also then be required, for the first time in this jurisdiction, to have professional indemnity insurance. Currently this is not mandatory as it is in other places, such as the UK and the US. This would […]
CEC: Campus ‘soon come’
(CNS Business): The development of the Cayman Enterprise City campus will be underway before the end of 2014, the management team told CNS Business Wednesday. Despite the numerous false starts for the project to find the right location at the right price, Charlie Kirkconnell, the CEO of the special economic zone, said CEC is committed […]
Young Cayman reporter shines at Youth Games
(CNS Business): A 22-year-old journalist from the Caymanian has received a prestigious award from the International Olympic Committee. Jade Webster, who currently works as the Communication Officer of the non-profit Young Caymanian Leadership Foundation, received the Steve Parry Award for the Best International Olympic Committee Young Reporter at the Nanjing 2014 Youth Olympic Games. Webster was […]
Registered valuers not necessarily qualified
(CNS Business) Updated: The Cayman Islands is the first county in the Americas where all valuations undertaken by chartered surveyors must be registered valuers, a scheme that was introduced by the local chapter of the Royal Institution of Chartered Surveyors. However, while the Valuer Registration scheme regulates valuation reporting standards, clients should be aware that […]
New property valuation programme for Cayman
(CNS Business): The Royal Institution of Chartered Surveyors Valuer Registration programme is now mandatory for all professionals performing valuations under the RICS designation in the Cayman Islands. The Global professional body that represents, regulates and promotes chartered and technical surveyors, says the move aims to provide quality assurance and reduce the risk associated with valuations in the region. […]
Chamber wants to partner with government
(CNS Business): The Cayman Islands Chamber of Commerce wants the same thing that the government does, according to its president, Johann Moxam, who says that there seems to be some reluctance on the part of the government, including the National Workforce Development Agency, “to really sit down at the table and have a candid and […]
NWDA must send suitable candidates for jobs
(CNS Business): There have been too many instances where candidates who are ill-equipped for the position are sent to the local businesses by the National Workforce Development Agency (NWDA), according to Chamber of Commerce President Johann Moxam. It’s important to ensure that suitably qualified are identified and then sent out to the job market, he […]
Onerous customs coding to be simplified
(CNS Business): Responding to continued complaints about the time importers are spending at the customs department as a result of the new coding system, the government is not only drastically reducing the number of codes but for a small flat fee of $5 customs officers will now take care of the coding for them. At […]
Dialogue before minimum wage, Moxam urges
(CNS Business): The Chamber of Commerce supports the concept of a minimum wage, Johann Moxam, the Chamber president told CNS Business. But he said it was important that there was a detailed and comprehensive discussion with all relevant stakeholders on the way forward and on the impacts of the introduction of minimum wage legislation in […]
Butterfield reports second quarter profit
(CNS Business): With second quarter core earnings of $26 million, an increase on earnings of some $5.8 million, Butterfield bank is boasting of 28.7% growth compared to last year in its latest financial report. As a result the banks earnings for first six months of this year were $49.1 million up $13.6 million or 38.3% […]
PwC leaving GT for Camana Bay
(CNS Business): PricewaterhouseCoopers (PwC) Cayman Islands is the latest business that appears to be abandoning the islands’ capital and heading to Camana Bay. During a ‘topping out’ ceremony at Dart Realty’s town, where its latest office block is well on the road to completion, the developer announced that the accountancy and consultancy firm will be […]
Cayman hospitality school graduates will be job ready
(CNS Business): The Cayman Islands School of Hospitality Studies (SHS) will launch in September with its first group of 25 students. Applications are still being accepted for the programme, which is designed for young people between the ages of 17 and 23 and will provide by the end of the first year not only skills […]
Import duty reduction not enough
(CNS Business): Â A 2% reduction in import duties, which was part of the government Strategic Policy Statement and Budget Address, will take effect from 1 August 2014 but the Chamber of Commerce is concerned that these reductions will not go far enough to help small businesses in the Cayman Islands and is urging government to […]
Cruise port not on Chamber list of priorities
(CNS Business): The list of national priorities that the current administration should focus on are: the redevelopment of the airport, finding a solution to the George Town landfill situation and completion of the John Gray High School, the Cayman Islands Chamber of Commerce President, Johann Moxam, told CNS Business. He said, “Those three items have […]
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