Business
Cruise ship crashes into dock in Roatan
(CNS): A cruise ship crashed into a pier Tuesday, cutting a hole in the side of the vessel, which was attempting to dock in the port of Coxan Hole in Roatan. The MSC Armonia was supposed to pull up alongside the pier but instead the vessel appears to have arrived at speed and then ploughed [… [...]
Cayman facing more pressure over ownership
(CNS): The Cayman Islands is likely to face increasing pressure over the coming months to make its beneficial ownership registry public. As the British government seeks to sanction Russian oligarchs connected to the Kremlin in the wake of the poisoning in England of former spy Sergei Skripal and h [...]
Legal scholarship takes Caymanian lawyer to partner
(CNS): Samuel Banks, who began his legal career as a Cayman Islands Appleby scholarship recipient before joining the articled clerk programme, has been made a partner. Called to the bar in 2010 Banks is now a Blockchain technology and insurance expert in the firm’s corporate practice group an [...]
Government listening to business, claims Hew
(CNS): Commerce Minister Joey Hew has said that government has been listening to the business community and is focused on addressing the red tape and other challenges faced by entrepreneurs, removing some requirements in the licensing process that have been found to be unnecessary. “Helping busine [...]
Airbnb to boost CaymanKind
(CNS): Cayman Islands Tourism Minister Moses Kirkconnell has said that a deal with the international online home-sharing accommodation platform, Airbnb, will boost the concept of CaymanKind and help more Caymanians benefit from the growing tourism product, while ensuring local rentors are following [...]
Land commission to deal with rogue beach vendors
(CNS): The Central Planning Authority (CPA) has approved plans for the redevelopment of the Seven Mile Public Beach by Dart. However, concerns about the behaviour of certain beach vendors and the dangers posed by some taxi drivers in the area were raised during Wednesday’s planning meeting, w [...]
OfReg seeks input on plans for better broadband
(CNS): Following revelations by the premier last week that government will be building the missing fibre optic network that the local cable and telecommunication companies have failed to provide, the regulator is seeking public input on plans for the infrastructure Cayman will need to meet the futur [...]
Visitor numbers still breaking records
(CNS): The continued growth and record-breaking figures for the Cayman Islands tourism industry showed no sign of dropping off in the statistics for arrivals in February released by the Department of Tourism. The month saw 40,020 visitors fly into Cayman, an increase of over 12.5% on the 2017 numbe [...]
Public purse to pick up tab for fibre network
(CNS): Public cash will be used to roll out the missing fibre network across the Cayman Islands after the cable companies operating on island failed to meet their obligations. Premier Alden McLaughlin told the Legislative Assembly that government would fund the much-needed network and claw back the [...]
Rivers debates Cayman’s role in Fintech Futures
(CNS): As the GREAT Festival of Innovation in Hong Kong officially opened Wednesday, Financial Services Minister Tara Rivers took part in a panel discussion on ‘Fintech Futures’ and discussed Cayman’s role in the changing technology, which she said was disrupting the financial ser [...]
Recent Comments