Local Business
More gas stations cleared to sell booze
(CNS Business): Once, only a very small number of gas stations in Cayman were allowed to sell liquor but another six were added to the list following a recent liquor licensing board meeting and one has even been cleared to sell alcohol on Sundays. However, there appear to be some inequities emerging from the board’s […]
Health insurance firm U-turns on Shetty hospital
(CNS Business): Following a memo sent to British Caymanian Insurance customers last month by management blocking cover for treatment at Health City Cayman Islands in East End, the firm has made an about turn, and in a joint statement with HCCI has announced it will now extend cover to all services at the facility. BritCay […]
Caymanians advance at Community Rehabilitation
(CNS Business): The Department of Community Rehabilitation (DCR) has promoted three young Caymanians, one to a newly created management position. Lisa Malice, Erica Ebanks and Kacey Mobley have all moved up the ladder at the department. Malice has taken on the new role of deputy director of DCR. “It’s truly an honour to be appointed […]
Insurance firm blocks cover at Health City
(CNS Business): British Caymanian Insurance Company (BritCay) will not cover patients to attend Health City Cayman Island for any treatment unrelated to cardiac care. In a memo sent to people who are insured by the agent that represents Colonial Medical Insurance, the firm said it wanted to review all the services that the hospital now […]
Caymanians graduate from wine school programme
(CNS Business): Seven young Caymanians recently earned a certification in wines and spirits, which could lead to careers in the hospitality industry. The Level 2 certification course, which included 24 hours of class time and 36 hours of practical internship, was the result of a partnership between the National Work Force Development Agency (NWDA) and […]
Cayman retains Moody’s credit ratings
(CNS Business): The Cayman Islands has kept its international credit rating from Moody’s of Aa3 for its government’s bonds issued in a foreign currency, and an Aa2 rating for long-term foreign currency ceiling bonds and notes. Finance Minister Marco Archer said the rating and stable outlook for the jurisdiction was “attributed primarily to a very […]
Minister signs deal to support small businesses
(CNS Business): The Cayman Islands Small Business Association (CISBA) has been contracted by the commerce ministry to help support and deliver certain small-business services. Minister Wayne Panton and CISBA President Dawn McLean-Sawney signed a memorandum of understanding recently to deliver workshops, mentoring, and consulting to small business owners. “This is another important step forward for government’s […]
CAL increases flights to Sister Islands
(CNS Business): Cayman Airways said that there has been an increased demand for seats on flights to the Sister Island, so Cayman Airways Express has added a new flight rotation between Cayman Brac and Grand Cayman with its Saab 340 B+ aircraft six days a week. On Tuesday 4 April the National Flag Carrier will […]
3,500 businesses asked for data to measure local economy
(CNS Business): The Economics and Statistics Office has begun its annual business surveys to measure local economic performance. Officials said about 3,500 forms for the System of National Accounts (SNA) and the Balance of Payments (BOP) surveys, which began Monday, have been sent to the business community. The information is necessary to collect comparative information […]
ESO begins annual business survey
(CNS): The Economics and Statistics Office will be starting its annual business surveys in less than two weeks to get accurate data on the local economy. The survey forms will be hand-delivered, mailed or emailed to all entities that produce goods and services in the Cayman Islands. The surveys include the System of National Accounts (SNA) […]
Lawyers sue Ironwood developers for $95k debt
(CNS Business): The company that is planning a huge multi-million-dollar resort based around an Arnold Palmer golf course is being sued by a local law firm for an outstanding debt of around CI$95,000. Despite promoting plans for the proposed significant $300+ million development in Frank Sound, developer David Moffitt and Ironwood are being sued for […]
Flow lays off workers in team restructure
(CNS Business): Local telecommunications company Flow, the brand name of Cable & Wireless, confirmed that they have laid off seven Caymanians workers and two ex-pat positions have been cut in what it described as “adjustments to how we run our business”. The job cuts come following announcements from Cayman’s other major telecoms employer, Digicel, that […]
Premier reveals details of 3D land parcels
(CNS Business): Premier Alden McLaughlin told an audience of realtors, surveyors and property developers that his government plans to steer through legislative amendments during the current session of the Legislative Assembly to facilitate the registration of volumetric, or three-dimensional, land parcels, sub-dividing them into the sky for overhead development. Speaking at the Royal Institute of […]
Maritime conference set for May
(CNS Business): The Cayman Islands Shipping Registry is gearing up for a conference in May that will bring together a wide range of organisations and companies in the shipping and yachting industries. “Cayman Maritime 2017 provides an opportunity for our maritime sector and indeed the whole jurisdiction to showcase the array of top quality services […]
Prison Service recruits receive CCTV training
(CNS Business): Recruits with HM Cayman Islands Prison Service recently received training on how to use the national CCTV network for surveillance operations. The role of a closed-circuit television (CCTV) operator is multifaceted, as use of the system plays a vital role in safeguarding communities, in addition to serving as a functional tool to prevent […]
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