Archive for June 3rd, 2020
Cayman passes 12,500 COVID-19 tests
(CNS): Health authorities in Cayman are fast approaching the important milestone of testing 20% of the country’s population after results were delivered Wednesday on 505 more COVID-19 test samples, bringing the test total to 12,508. Five of those results were positive, all of whom are asymptomatic for the coronavirus and now in isolation.
Foundation surveys potential recipients
(CNS): The charitable foundation that was kick-started with a $1 million seed donation from billionaire Ken Dart to help with the fallout from the COVID-19 pandemic is working out how it will allocate the money, as pledges to add to the fund begin to come in from the private sector. The R3 Cayman Foundation said […]
Minister’s wife won’t be prosecuted
(CNS): The police have concluded their investigation, dubbed locally as ‘trainer-gate’, into the alleged breach of soft curfew by the health minister’s wife, Tiffany Seymour. The RCIPS has confirmed that there will be no prosecution against her but did not give any other details. Dwayne Seymour’s wife was accused of breaching the rules when she […]
Bank worker tests positive for COVID-19
(CNS): Butterfield Bank closed just the 2nd floor of its downtown George Town branch* Wednesday for deep sanitizing after it received its first positive test for a member of staff during the ongoing coronavirus screen test programme. The employee, who is asymptomatic, has been sent home and is self-isolating with the support of the bank. […]
CEC campus still in early stages
(CNS): Cayman Enterprise City (CEC) has confirmed that the long-anticipated campus for companies ring-fenced in the special economic zone, established to encourage technical and knowledge-based industry to the Cayman Islands, is still under construction. CEC broke ground more than 18 months ago and has spent around US$8million so far on the project, but officials told […]
A rhetorical question about the finance sector
Andre Iton writes: Permit me please the space to ask a question, even though I believe I do know the answer: In light of the anticipated short- to medium-term dramatic decline in public revenues anticipated and clearly inevitable from the disruption to the tourism sector, should the other “pillar” of the the economy, the financial […]
