Retail
DCI offers AML help to vulnerable businesses
(CNS Business): Professionals in the real estate sector and dealers in precious metals and stones were offered help and support recently from the Department of Commerce and Investment in ways to combat money laundering and terrorist financing. The sectors are classified as Designated Non-Financial Businesses and Professionals, which are still prone to the same threats and […]
Mobile booze licensees warned to follow rules
(CNS Business): The chairman of the Liquor Licensing Board has issued a reminder to all mobile licensees to comply with the laws and that their licences are restricted to mobile bartending and limited to private and organised events or functions. There was no indication in a release from the Department of Commerce and Investment (DCI) […]
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 […]
Bars need inspections ahead of renewals
(CNS Business): Liquor licence holders in the Cayman Islands have just one month before their annual renewals are due. Licence holders, including those with music and dancing licences, that want to carry on having the right to sell booze need to submit their applications before Friday, 18 August. Before they can submit renewals, their premises must […]
Airport bid pushes out small businesses
(CNS Business): Some of the small business owners that are currently running retail concessions at Owen Roberts International Airport believe they are being pushed out of the bids for the new space. The Cayman Islands Small Business Association (CISBA) has accused the airport authority of creating a request for proposals with confusing paperwork, forcing bidders […]
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 […]
Booze board boss quits before first year is out
(CNS): The chairman of the Liquor Licensing Board, who was appointed in January, has quit before completing even the first year of his four-year tenure. A release from the Department of Commerce and Investment said that Campbell Law had resigned as chair to avoid a conflict of interest. In his notice to the board the […]
DCI prepares to call time on booze licencees
(CNS Business): The Department of Commerce and Investment (DCI) is urging liquor licence holders to submit their applications ahead of Friday’s deadline, otherwise they will have to apply again from scratch. Officials are concerned that, based on the number of applications they have received so far, most licencees are leaving things until the last minute […]
Airport retail space up for grabs
(CNS Business): As the Cayman Islands Airports Authority (CIAA) continues work on the redevelopment of Owen Roberts International Airport (ORIA), it is about to begin an open tender for all the retail spaces at the new facility, which is set to open in 2018. A total of seventeen potentially lucrative spaces will be up for […]
Booze traders urged to make early applications
(CNS Business): The Department of Commerce and Investment is advising liquor licence holders to start their licensing application process as early as possible in order to avoid delays under the new legislative regime. Booze traders and those with music and dancing licences are encouraged to apply for their renewals well before the Friday 19 August […]
Maedac pulls out of retail fuel trade
(CNS Business): After more than thirty years selling fuel to Cayman drivers, Maedac has pulled out of the gas retail business and will be focusing on its wholesale business and other new business-to-business projects. Maedac Rubis gas station on Crewe Road closed down last week because, Operations Manager Morgan DaCosta explained, it was time for […]
Government confirms new booze board members
(CNS Business): A new line-up of faces will be on the Liquor Licensing Board as it moves into a new legislative regime following the implementation of the amended law this month. After more than a decade heading up the board, Mitchell Welds has been replaced by Campbell Law, Corporate Manager at Higgs & Johnson Corporate Services […]
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 […]
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 […]
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” — […]
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