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PPM accuses gov’t of ‘abandoning’ cruise tourism ship

PPM accuses gov’t of ‘abandoning’ cruise tourism ship

| 16/05/2024 | 118 Comments

(CNS): Opposition Leader Roy McTaggart has accused the government of a “catastrophic failure” in managing the cruise tourism sector. He said the UPM had adopted an “abandon ships” strategy, doing nothing as bigger cruise ships now plying the Caribbean are diverted to other ports. The PPM leader did not say whether or not his party […]

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Handel cuts new deal with Dart to take on Royal Palms

Handel cuts new deal with Dart to take on Royal Palms

| 16/05/2024 | 78 Comments

(CNS): Handel Whittaker has cut a new deal with Dart to take over the derelict Royal Palms site that the corporation bought over six years ago but then allowed it to fall into a state of disrepair. Whittaker operated Calico Jack’s until it closed when Dart ended his lease there in 2020 at the start […]

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New hotel brings room stock up to record high

New hotel brings room stock up to record high

| 14/05/2024 | 100 Comments

(CNS): With the completion of the Dart Group’s latest resort, the Cayman Islands now has a record number of rooms available for visitors in hotels, condos, apartments and Airbnb-type units. Hotel Indigo Grand Cayman is expected to welcome its first guests in the coming weeks, bringing the room stock across all three islands to 8,022, […]

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CUC kicks off 2024 with 18% earnings increase

CUC kicks off 2024 with 18% earnings increase

| 09/05/2024 | 44 Comments

(CNS): Grand Cayman’s power provider got off to a very profitable year with a $1 million rise in net earnings to over $6.2 million for the first quarter of 2024, an 18% increase compared to the first three months of 2023. A 6% increase in sales, a 2% growth in customers and an increase in […]

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Cabinet approves hike in local company fees

Cabinet approves hike in local company fees

| 03/05/2024 | 36 Comments

(CNS): Following an extensive consultation process with businesses, associations and government entities, the cost of a local companies control licence and processing fees have been revised via regulations approved by Cabinet and not in the actual law, according to a release from the Ministry of Financial Services. The fees have not been increased for 17 […]

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2024 stay-over visitors still below 2019 record numbers

2024 stay-over visitors still below 2019 record numbers

| 29/04/2024 | 37 Comments

(CNS): Over 137,000 stay-over visitors arrived in the Cayman Islands between January and March of this year, which is the second-highest figure for the first quarter of any year since records began and a 13.4% increase over the 2023 figure. The numbers were boosted because Easter was in March this year, leading to a standout […]

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CUC and CREA welcome revised energy policy

CUC and CREA welcome revised energy policy

| 29/04/2024 | 15 Comments

(CNS): The Cayman Renewable Energy Association (CREA) and CUC have welcomed the recent publication and Cabinet’s acceptance of the new National Energy Policy and its target of getting Cayman to a 100% renewable energy supply by 2045. After years of disputes, both parties have offered their support to the policy, which requires each of them […]

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Noisy developer served with abatement notice

Noisy developer served with abatement notice

| 24/04/2024 | 41 Comments

(CNS): Months after residents in the area began complaining about the frequent, noisy, early morning construction work going on at a luxury condo development site in North West Point in West Bay, the Department of Environmental Health has finally issued the developer with an abatement notice. There had been some confusion about who can address […]

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Minister promotes Cayman Islands business in Asia

Minister promotes Cayman Islands business in Asia

| 23/04/2024 | 12 Comments

(CNS): Financial Services Minister André Ebanks is on the road again, this time promoting the financial service sector in Asia. Ebanks, whose portfolio includes commerce and social development, has been focusing heavily on his financial services sector responsibilities recently, which has taken him away from the jurisdiction a number of times so far this year. […]

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CUC will battle in court to keep solar secrets

CUC will battle in court to keep solar secrets

| 16/04/2024 | 70 Comments

(CNS): Officials at the Caribbean Utilities Company have told CNS that their decision to challenge the release of two reports that CUC prepared for OfReg relating to the bidding process for future power generation is to protect “commercially sensitive information” that could help competitors in any future bids. The company also said it was in […]

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CIG has cruise pier plans for Cayman Brac, says Bryan

CIG has cruise pier plans for Cayman Brac, says Bryan

| 15/04/2024 | 84 Comments

(CNS): Tourism Minister Kenneth Bryan has told a tourism journalist that the Cayman Island Government is planning to build a cruise ship pier on Cayman Brac. In an interview Bryan gave to the Caribbean Journal during the Seatrade Cruise Global conference in Miami Beach last week, he said, “We’re planning to either build it ourselves […]

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