Archive for April 13th, 2023
Dart applies to renovate old Hyatt resort
(CNS): A planning application by one of the Dart Group of companies has been submitted to renovate the former Hyatt Regency Hotel. The property was acquired by Dart Realty from the previous owner, Embassy Investments Limited, in March 2016 when the local developer bought all of the land associated with the resort. But the bulk […]
Court ruling paves way to make Lissa Lane public
(CNS): As a result of the Court of Appeal judgment relating to plans to create a new public road in Boatswains Bay, planning ministry officials have confirmed that work will start on developing Lissa Lane in the near future. The court raised concerns about the transparency of the process in this case but the ruling […]
CIG collects record-breaking CI$1 billion in revenue
(CNS): The Cayman Islands Government collected over one billion dollars in fees and revenue last year for a record-breaking budget. According to the 2022 unaudited financial results, the year ended with a central government surplus of $47.7 million after earning CI$80 million more than it had projected in the original budget. Overall, despite high levels […]