Archive for April 7th, 2022

Cayman freezes US$7.3 billion of Russian assets

Cayman freezes US$7.3 billion of Russian assets

| 07/04/2022 | 51 Comments

(CNS): Since the Russian invasion of Ukraine in February, more than 800 asset freeze designations of individuals and entities have been enforced in the Cayman Islands, officials said in a release about the creation of a task force to coordinate the new sanctions regime.

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Hospital backs off aggressive debt collecting

Hospital backs off aggressive debt collecting

| 07/04/2022 | 59 Comments

(CNS): HSA Deputy Chief Executive Officer Ronnie Dunn has confirmed that although the Health Services Authority has retained the services of a debt collector, they have been asked not to act aggressively against those who are struggling. While the bad debt problem has not gone away, the HSA is writing off much less now than […]

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Officials watch COVID cases for potential surge

Officials watch COVID cases for potential surge

| 07/04/2022 | 56 Comments

(CNS): Public Health officials said that further monitoring and analysis are needed to understand the factors behind last week’s upward trend in COVID-19 numbers before they can say whether Cayman should expect the dramatic increase in cases experienced recently by other countries.

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Over 8,000 cruisers flood into George Town

Over 8,000 cruisers flood into George Town

| 07/04/2022 | 63 Comments

(CNS): Three Carnival ships carrying 8,238 passengers docked in George Town Harbour on Wednesday, making it the busiest day since the cruise ship ban was lifted last month and a welcome surge of customers for the waterfront retailers and trip operators.

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Developers pull hotel from Crystal Harbour project

Developers pull hotel from Crystal Harbour project

| 07/04/2022 | 70 Comments

(CNS): Michael Ryan told the Central Planning Authority on Wednesday that the proposed nine-storey hotel set to be part of a controversial new project in Crystal Harbour is no longer part of the plan. But this was not enough to satisfy the numerous objections from existing homeowners in the area, who believe the size and […]

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