Archive for August 27th, 2024
Woman’s bag snatched by masked men in West Bay
(CNS): Police have opened an investigation into a street robbery in West Bay early Saturday morning. A woman who was waiting at the intersection of Neon Close and Mount Pleasant Road at around 5:00am was approached by two men whose faces were covered with t-shirts. They grabbed and threatened her and then snatched her handbag, […]
Wanted man calls into talk show from Jamaica
(CNS): A man claiming to be Shavan Claude Brown (28), who is wanted by the RCIPS in connection with a drug boat found last week on Cayman Brac, called into a local talk show on Monday from Jamaica, claiming that he was not on the island at the time the boat was seized. On Sunday, […]
Cruise vote vital, Chamber says, while raising concerns
(CNS): The Cayman Islands Chamber of Commerce believes the local business community, especially retailers, has a vested interest in the outcome of the referendum on a cruise port that the government is proposing to hold later this year, given its potential economic impact. But while the business advocacy group believes such a vote is vital, […]
GDP grows by 4.2%, nears CI$71k per capita in 2023
(CNS): The Cayman Islands’ real gross domestic product (GDP) expanded by an estimated rate of 4.2% last year, a slight decline from the growth of 5.2% in 2022. The nominal GDP per capita income was estimated at $70,985 for 2023 even though, according to the last Labour Force Survey, well over 60% of the working […]
2024 Inflation rate slows but COL still crippling families
(CNS): In the second quarter of 2024, the Consumer Price Index (CPI) was 132.7, which is 1.7% more than the second quarter of 2023, with eight out of the twelve divisions recording higher price indices. And while the rate of inflation may be slowing, given the historic highs over the last few years and the […]
