Archive for November 2nd, 2020

Two travellers test positive for COVID-19

Two travellers test positive for COVID-19

| 02/11/2020 | 16 Comments

(CNS): Two travellers, who are both asymptomatic, have tested positive for COVID-19. Chief Medical Officer Dr John Lee said the cases were reported in a batch of 455 test samples processed since Friday, but the rest of which were negative. These two individuals will remain in isolation until they are clear of the virus. There […]

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BA flight threatened by UK lockdown

BA flight threatened by UK lockdown

| 02/11/2020 | 66 Comments

(CNS): Government officials are warning that, as England heads into another full lockdown as a result of the COVID-19 pandemic, which includes a restriction on leisure travel, the British Airways link between Grand Cayman and London could be stalled. The Cayman Islands Government Office in the UK is now in discussions with the Foreign, Commonwealth […]

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New rules expected to boost virtual assets sector

New rules expected to boost virtual assets sector

| 02/11/2020 | 11 Comments

(CNS): The Cayman Islands’ ability to regulate and attract individuals and entities in the virtual assets market has been strengthened with the recent commencement of legislation for virtual asset service providers (VASPs), officials have said. They will also help Cayman comply with an important global review. A virtual asset is a digital representation of value […]

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Veterans events cancelled to keep seniors safe

Veterans events cancelled to keep seniors safe

| 02/11/2020 | 8 Comments

(CNS): The usual Remembrance Day events celebrating Cayman Islands’ veterans have been cancelled this year in order to keep seniors safe. Given the potential risk posed to elderly and vulnerable veterans as well as other attendees the Sunday Parade and Ceremony will not take place this year on Grand Cayman. “This decision was taken by […]

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Separate court job created for financial services

Separate court job created for financial services

| 02/11/2020 | 3 Comments

(CNS): Bridget Myers has been appointed as Acting Registrar of the Financial Services Division (FSD) at the Grand court. The new post has been created to enhance the independence of this arm of the court and develop its own specialist staff. Court Administrator Suzanne Bothwell said the move was in keeping with the chief justice’s […]

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CUC weathers COVID storm

CUC weathers COVID storm

| 02/11/2020 | 13 Comments

(CNS): Grand Cayman’s power provider has seen only a small decline in its profits as a result of the COVID-19 pandemic. The company’s third quarter results show that despite a decline in the number of people now living in the Cayman Islands, the company’s customer base grew by 641 compared to September 2019 and CUC […]

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Deficit also fuelled by non-COVID spending

Deficit also fuelled by non-COVID spending

| 02/11/2020 | 19 Comments

(CNS): With revenue down by just under CI$70 million at the end of September and government spending on direct and indirect COVID-19 related costs expected to be around $80 million by the year end, the projected deficit of $168 million is not unexpected. But government had forecast a surplus of around CI$95 million by the […]

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Speaker refuses to lay PAC report on OfReg audit

Speaker refuses to lay PAC report on OfReg audit

| 02/11/2020 | 86 Comments

(CNS): A Public Accounts Committee report on its hearings about a damning report on government’s utilities regulator by the Office of the Auditor General was not presented to the Legislative Assembly on Friday, as expected, after the speaker refused to lay the document. In an unusual move, House Speaker McKeeva Bush said he had not […]

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Eta becomes hurricane 300 miles south of Cayman

Eta becomes hurricane 300 miles south of Cayman

| 02/11/2020 | 31 Comments

(CNS): Hurricane Eta was packing winds of more than 90mph on Monday morning as it moved westward over 300 miles south of Grand Cayman. Eta is forecast to become a major hurricane before making landfall in Nicaragua. Hazard Management Cayman Islands said Eta does not pose a threat to Cayman, but as the system interacts […]

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