Business
Cayman Airways’ 3rd Max 8 arrives at ORIA
(CNS): The third Boeing 737-Max 8 aircraft that Cayman Airways (CAL) leased before the ill-fated aircraft was grounded following two fatal crashes in October 2018 and March 2019 has arrived at Owen Roberts International Airport (ORIA). CAL CEO Fabian Whorms confirmed that the airline had been able to take delivery of the aircraft after a […]
Financial services neglected by candidates
(CNS): The importance of the financial service sector in keeping the Cayman Islands economy afloat over the past year has been highlighted in the latest reports from the Economics and Statistics Office. No other private sector employs as many Caymanians as finance, and the revenue the next government will need to navigate its way through […]
Slow progress on renewables an ‘abysmal failure’
(CNS): James Whittaker, the chairperson of the Cayman Renewable Energy Association, has said it is an “abysmal failure” that in twelve years of aiming to introduce alternative energy, Cayman has only managed to reach a renewable power provision of just 2.5%. He has warned that the country is “nowhere near meeting the goal” of 70% […]
PPM plan to cap cruise numbers
(CNS): Moses Kirkconnell has announced plans to review the future of cruise tourism in the Cayman Islands and cap the numbers of passengers allowed to come into George Town. With the majority of ships not expected back at sea until 2022, the current tourism minister has said that, if he is returned to that job […]
Court mistakes led to access failure in JR case
(CNS): Following an independent review into why documents in a significant public interest case remained under wraps, Chief Justice Anthony Smellie has said that Justice Richard Williams had no part in preventing the publication of the papers. The documents, which related to the judicial review application by Kattina Anglin into the use of the governor’s […]
OfReg signs off first IXP licence
(CNS): Just eleven days after the utilities regulator, OfReg, revealed it was creating a regulatory framework to pave the way for local internet exchanges, it has issued its first licence. According to a press release from SALT Wireless, part of the SALT Technology group, announced that the company received its IXP licence Friday, 19 March, […]
Uptick in exempt company applications floods board
(CNS): The Trade and Business Licensing Board is suspending its expedited service for the processing of exempt company applications from the end of this month, as it struggles to cope with the workload. In a short press release, officials said that from 1 April applicants can expect licence applications for exempt companies to take between […]
Liquor store chain’s breach of data law exposed in hack
(CNS): Personal data belonging to around 150 employees of the Jacques Scott Group Ltd (JCG) that was exposed during a ransomware attack last year also exposed the company’s own breaches of the Data Protection Law. The Office of the Ombudsman has found that the company failed to take adequate technical and organisational measures to protect […]
CORE expanded as OfReg clears new rate
(CNS): OfReg has approved CUC’s new feed-in tariff rate for an additional five hundred kilowatts of capacity which was released under the of the Consumer Owned Renewable Energy programme (CORE), diverted from the Distributed Energy Resources (DER) programme to meet increasing demand from residential customers who want to use more of their own renewable sources […]
Financial court gets new full time judge
(CNS): A new full-time judge has been appointed to the financial services division of the Grand Court. David Doyle (60) will be coming to Cayman this summer after many years working in the legal profession in the UK’s crown dependencies. His most recent job was as an advocate in the Isle of Man but he […]
OfReg moves to regulate local IXPs
(CNS): Following a public and industry consultation on the lack of internet exchange points (IXPs) in the Cayman Islands, OfReg, the utilities regulator, has revealed that it is creating a regulatory framework to pave the way for these local exchanges. OfReg said that it is in the public interest to regulate IXPs to protect local […]
