Recent Articles

Golden Spoons Review: Boggy Sand Café

Golden Spoons Review: Boggy Sand Café

| 27/11/2017 | 1 Comment

(CNS Foodie): In the mood for a change of scenery, my companion and I decided a small trip to West Bay was in order, plus the opening of a new café had caught my eye. We found the place fairly easily; the Boggy Sand Café is in the car park next door to Foster’s Republix. It is in a new buildi [...]

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Commerce minister promises support for SMEs

Commerce minister promises support for SMEs

| 21/11/2017 | 1 Comment

(CNS Business): Joey Hew, the new minister for commerce in the Unity government, has said that the 2018/19 budget includes funding to support the small and micro business sector and that this administration is also aiming to reduce fees for them as well as cutting regu [...]

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Scott defends Cayman at offshore conference

Scott defends Cayman at offshore conference

| 21/11/2017 | 1 Comment

(CNS Business): The CEO of Cayman Finance, Jude Scott, defended the Cayman Islands’ financial services sector at an offshore conference in London recently. Taking a seat alongside several high-profile journalists at the 6th Annual OffshoreAlert Europe Conference in London, he was the only [...]

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Building society squeezes clients to increase CI profits

Building society squeezes clients to increase CI profits

| 14/11/2017 | 2 Comments

(CNS Business): JN Cayman, a member of the Jamaica National Group, revealed a whopping 404% increase in its earnings during the  2016/17 financial year when it posted profits of CI$668,000, compared to a loss of CI$219,000 in the previous year. Managing director Damion Hylton told shareholder [...]

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DoT signs new PR deal with Canadian firm

DoT signs new PR deal with Canadian firm

| 14/11/2017 | 2 Comments

(CNS Business): The Cayman Islands Department of Tourism has signed up a new public relations firm in Canada to help promote the destination to that market. Although the DoT had a company promoting the islands in the country, Aerial Communications Group based won the latest competitive tender ai [...]

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Golden Spoons Review: Catch

Golden Spoons Review: Catch

| 17/11/2017 | 2 Comments

(CNS Foodie): My partner and I were in the mood for al fresco dining, especially somewhere with an ocean view. Catch was our choice and we were looking forward to the evening out, but unluckily Mother Nature decided to let it rain. Despite the dismal weather, which surprised us, as we scampered t [...]

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CUC sends new team to help BVI

CUC sends new team to help BVI

| 08/11/2017 | 0 Comments

(CNS Busines): A second group of linepersons from CUC’s transmission and distribution (T&D) operations department was sent to assist the British Virgin Islands Electricity Corporation (BVIEC) with the restoration of power following the passing of Hurricane Irma and Hurricane Maria in Septe [...]

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Golden Spoons Review: Ave

Golden Spoons Review: Ave

| 01/12/2017 | 0 Comments

(CNS Foodie): When you’re preparing to go out for dinner, there’s this surging excitement, almost childlike anticipation, of the possibilities of the epicurean night ahead. For me, it’s the prospect of sampling someone’s culinary creativity, a chance to take pointers from experts in a fi [...]

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Financial services gets budget boost

Financial services gets budget boost

| 07/11/2017

(CNS Business): Funding for the financial services sector has increased considerably in the 2018/19 budgets, the new minister for the sector, Tara Rivers, revealed in the Legislative Assembly Monday, as she stressed the need to protect the industry and underscored the importance of the sector to [...]

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Scott defends Queen’s use of Cayman funds

Scott defends Queen’s use of Cayman funds

| 07/11/2017 | 2 Comments

(CNS Business): After the first revelations from the hacked documents that have been dubbed the Paradise Papers began making headlines around the world Sunday, Jude Scott, CEO of Cayman Finance, has defended the British monarch’s use of Cayman Islands funds and what he said is the legitimat [...]

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Southwest Airlines plans new service from Houston

Southwest Airlines plans new service from Houston

| 07/11/2017 | 1 Comment

(CNS Business): Hot on the heels of recent revelations about the continued record-breaking success of overnight tourism in the Cayman Islands, ministry officials were welcoming an announcement from Southwest Airlines that it will begin a seasonal summer service from Houston, Texas, to Grand Caym [...]

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US partner pulls out of deal with Health City

US partner pulls out of deal with Health City

| 07/11/2017 | 20 Comments

(CNS Business): The faith-based US healthcare provider, Ascension, has pulled out of its partnership with Health City Cayman Islands, the East End hospital founded by the internationally renowned Indian cardiac surgeon, Devi Shetty. Since the state-of-the-art facility was first conceived and then [...]

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Higher sales boost CUC profits

Higher sales boost CUC profits

| 06/11/2017 | 0 Comments

(CNS Business): Caribbean Utilities Company has revealed an increase on its third quarter earnings for 2017 when compared to the same period last year of $300,000 due to a 5% increase in sales. The third quarter 2017 was $7.7 million compared to net earnings of $7.4 million for the three months [...]

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Cayman gears up for CFATF review

Cayman gears up for CFATF review

| 07/11/2017 | 0 Comments

(CNS Business): The attorney general has said that the Portfolio of Legal Affairs, the Ministry of Financial Services and CIMA have been working with the public sector agencies and private sector stakeholders to get the jurisdiction in a state of readiness for the upcoming evaluation by the Carib [...]

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Queen using Cayman investment fund

Queen using Cayman investment fund

| 06/11/2017 | 31 Comments

(CNS Business): Labour leader Jeremy Corbyn has called on Queen Elizabeth to apologise to the British people for using tax havens, including the Cayman Islands. Revelations that the Queen was among a list of very rich individuals and organisations using offshore vehicles to dodge taxes has come [...]

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