Tag: Featured

Pageant Beach proposal gets initial nod from CPA

Pageant Beach proposal gets initial nod from CPA

| 17/10/2017 | 3 Comments

(CNS Business): A  proposal to build a ten-storey hotel on the Pageant Beach site in George Town has been given initial approval by the Central Planning Authority after the project was granted outline planning permission last month. Despite a number of objections from residents, largely at the [...]

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Dart finally confirms Ritz acquisition

Dart finally confirms Ritz acquisition

| 13/10/2017 | 63 Comments

(CNS Business): After several months of speculation that Dart Real Estate had acquired the Ritz-Carlton, Grand Cayman but no comment from officials at the company, the Cayman Islands’ biggest property owner has finally announced that it has bought the luxury hotel on Seven Mile Beach. The [...]

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Cayman government hires new firm to lobby Washington

Cayman government hires new firm to lobby Washington

| 03/10/2017 | 1 Comment

(CNS Business): The Cayman Islands Ministry of Financial Services  Home Affairs has quietly hired Texas-based law firm Baker Botts to provide counselling and advocacy services in the US capital, according to an article in the marketing industry press, which was republished on the firm’s [...]

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Stay-over guests soar to new heights

Stay-over guests soar to new heights

| 03/10/2017 | 0 Comments

(CNS Business): The Cayman Islands Department of Tourism’s promotional and marketing efforts continue to pay dividends, reflected in record-breaking summer statistics for air arrivals. After 77,030 visitors arrived during July and August, officials said that figures are significantly outpac [...]

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CUC speeds power restoration in TCI

CUC speeds power restoration in TCI

| 03/10/2017 | 0 Comments

(CNS Business): Caribbean Utilities Company (CUC) has sent two more staff members to hurricane-hit Turks and Caicos Islands (TCI). Right after Irma ripped though the islands, CUC sent a crew of seven linepersons to help with restoration efforts. But with conditions there still very difficult, Jo [...]

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Doctor sells paper to former bank boss

Doctor sells paper to former bank boss

| 28/09/2017 | 2 Comments

(CNS Business): Dr Steve Tomlinson has sold The Cayman Reporter to Ralph Lewis, the former head of the Cayman Islands Development Bank. The acquisition by Lewis, who also owns the more recent publication, Caymanian Times, comes after months of speculation that the Reporter was in dire financial [...]

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Dart puts in plans for new Foster’s store

Dart puts in plans for new Foster’s store

| 26/09/2017 | 17 Comments

(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 [...]

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Emergency measures grant evacuees the right to work

Emergency measures grant evacuees the right to work

| 25/09/2017 | 10 Comments

(CNS Business): The Cayman Islands Government is waiving normal procedures for temporary work permits for workers in the financial services industry who have evacuated to this jurisdiction from islands devastated by hurricanes Irma or Maria. “For those who say we should not be doing this, [...]

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Ex-Digicel boss moves to C3

Ex-Digicel boss moves to C3

| 25/09/2017 | 0 Comments

(CNS Business): Martin Bould, formerly the chief executive officer at the regional telecom firm, Digicel, has taken the top job at locally owned communications firm, C3. Officials from the wholly Caymanian-owned company said in a press release that Bould will head up the expansion of the firm. T [...]

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GT hotel proposal faces local opposition

GT hotel proposal faces local opposition

| 19/09/2017 | 31 Comments

(CNS Business): The proposed new hotel development at the Pageant Beach site in George Town will be going before the Central Planning Authority on Wednesday, but not everyone will be hoping the board gives the proposed project the nod. Despite enthusiastic support from government for the new hot [...]

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Dart buys another piece of 7MB

Dart buys another piece of 7MB

| 06/09/2017 | 102 Comments

(CNS Business): Already the largest landowner in the Cayman Islands, the Dart Group has made another significant purchase with the acquisition of Royal Palms Beach Club in the heart of Seven Mile Beach, along the West Bay Road. Neither the seller, Coral Apartments Ltd, nor Dart has said how much [...]

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New law boosts trade mark registrations

New law boosts trade mark registrations

| 04/09/2017 | 2 Comments

(CNS Business): Since the Trade Marks Law came into effect 1 August 2017, modernising legislation which originally dates from the 1970s, the Cayman Islands Intellectual Property Office (CIIPO) has received 50% of the total number of applications to register trade marks usually submitted in a yea [...]

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Airport says phases 2 and 3 will be complete by year-end

Airport says phases 2 and 3 will be complete by year-end

| 24/08/2017 | 6 Comments

(CNS Business): With work on phase one of the Owen Roberts International Airport expansion project complete, officials said this week that they are also on target to finish phases two and three before the end of 2017. The first phase included the development of the new baggage handling and scre [...]

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Cayman still has work to do to satisfy OECD

Cayman still has work to do to satisfy OECD

| 22/08/2017 | 0 Comments

(CNS Business): Authorities in the Cayman Islands dealing with the offshore sector still have work to do to satisfy the OECD, according to the latest peer review results by the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes. Cayman was rated “largely complian [...]

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Tourism sector puts faith in cops over crime

Tourism sector puts faith in cops over crime

| 14/08/2017 | 2 Comments

(CNS Business): The Cayman Islands Tourism Association (CITA) has said it is encouraged to learn that the police are now addressing several of the concerns stakeholders in the sector have had for some time about rising crime. Following a meeting with the police commissioner and other senior polic [...]

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