Archive for January 10th, 2019
Branson company buys Bodden Town solar farm
(CNS): BMR Energy, a regional sustainable clean energy company that is now owned by Sir Richard Branson, has acquired the 5MW solar plant in Bodden Town from Entropy Cayman Solar Ltd. According to a press release from the Virgin Group company, it will now take over the operations of the utility-scale solar project and the […]
Industry rejects Dutch blacklist over low tax rate
(CNS): The decision by the Dutch government to publish its own subjective “blacklist”, which included the Cayman Islands because tax rates are lower than in the Netherlands, is unusual and ignores the facts, especially as Cayman has had a tax information exchange agreement (TIEA) in place with the Netherlands since 2009, according to the financial services industry […]
Regional forecast warns of more drought for Cayman
(CNS): In a regional weather outlook published this week, the Barbados-based Caribbean Institute for Meteorology and Hydrology (CIMH) has predicted continued drought and dry spells across many parts of the region for the first quarter of 2019, largely due to the emerging El Niño. The regional weather experts pointed out that the Cayman Islands is one […]
Speaker criticised for taking sides in port debate
(CNS): Mario Rankin, one of the organisers of the Cruise Port Referendum campaign, has taken aim at the speaker of the Legislative Assembly, who, despite his supposedly neutral office, has been weighing in on the polarising debate about the project and dismissing the campaigners. In response to comments by McKeeva Bush suggesting that campaigners will […]