Archive for March 25th, 2015

Port heading for fiscal turnaround

Port heading for fiscal turnaround

| 25/03/2015 | 10 Comments

(CNS): The acting director and chief financial officer of the Port Authority both told the Public Account Committee (PAC) Wednesday that the facility was facing a turnaround in its financial fortunes and expected to have turned its negative liabilities versus assets situation around by the end of this fiscal year.

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Search on for new port boss

Search on for new port boss

| 25/03/2015 | 16 Comments

(CNS): The Port Authority has begun the search for a new director for the George Town cargo and cruise facility and has revealed that they are searching for a “strategic leader” and “an ambassador” for Cayman, not necessarily a port expert. The board chair said the experience and technical skills required to manage operations are […]

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Crown seeks cash from robbers

Crown seeks cash from robbers

| 25/03/2015 | 1 Comment

(CNS) The director of public prosecutions is seeking to recover the missing cash which was stolen from the Buckingham Square branch of Cayman National Bank in June 2012 from the convicted robbers. The largest ever heist in Cayman and understood to be the biggest bank stick-up in the region, more than half a million dollars […]

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Cayman to check Tsunami plans in regional simulation

Cayman to check Tsunami plans in regional simulation

| 25/03/2015 | 15 Comments

(CNS): A Tsunami simulation exercise across the Caribbean today will test the regional countries readiness for such an event. Cayman is taking part to evaluate its own local tsunami response plans, increase preparedness, as well as improve coordination throughout the region.

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UCCI accreditation won’t cover degrees

UCCI accreditation won’t cover degrees

| 25/03/2015 | 9 Comments

(CNS): As the local university goes through the process of attempting to gain accreditation for the institution, a spokesperson for the college has said that the approval from the UK’s accrediting body, Accreditation Service for International Schools, Colleges & Universities (ASIC), will only cover the UCCI as an institution but not the qualifications it awards.

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Government begins survey of local economy

| 25/03/2015 | 5 Comments

(CNS): The Economics and Statistics Office will begin collecting essential data next week as it starts the annual surveys covering all entities that produce goods and services in the Cayman Islands. On Monday the ESO will distribute the System of National Accounts (SNA) and Balance of Payments (BOP) surveys which are designed to measure the economic performance of […]

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