Tag: Cayman Economic Outlook conference
Premier admits Cayman’s economic success gap widening
(CNS): The Cayman Islands economy is doing well with GDP growth at 3.7% and estimated at US$70,790 per capita, the creation of over 8,900 jobs post-pandemic, an unemployment rate down to 3.6% among local people, a human development index of 0.877 and a $40million surplus for public finances. Nevertheless, there are a number of significant […]
Social media exec in line-up for Economic Outlook conference
(CNS): The 19th annual RF Economic Outlook Conference will take place on Wednesday, 8 June, under the theme “Future Forces: World-Changing Ideas”. The international guest speakers for the long-running local business forum include a blockchain entrepreneur, a geopolitical strategist, a global disruption expert, as well as an executive for Facebook and Google.
COVID-19 will drag Cayman economy down
(CNS): A significant outbreak of the novel coronavirus, COVID-19, in the Cayman Islands could have a “devastating effect” on the economy as well as people’s health, Premier Alden McLaughlin said at the Fidelity Cayman Economic Outlook 2020 conference. It would “precipitate a drop in predicted economic growth” resulting from a drop-off in discretionary consumption and […]
Premier resigned to port project going south
(CNS): Premier Alden McLaughlin has made his most definitive statement yet accepting that the cruise berthing project is “almost certain” to have been lost following the latest court decision. Accepting no responsibility for the $9 million spent on pushing the controversial project, even in the face of clear popular opposition, McLaughlin said he found it […]
New world risks v. opportunities top CEO agenda
(CNS): The 2019 Cayman Economic Outlook conference will be focusing on the risks and opportunities presented by the current world turmoil, officials said in a press release announcing the annual local business event that will take place later this month. The keynote speaker this year at this popular event, which has been running for fifteen […]
Local employment best for a decade, premier says
(CNS): Jobs and opportunities for Caymanians are better than they’ve been for almost ten years, the premier told an audience of business people Thursday, and said there were better things to come. Alden McLaughlin said that Cayman had “bucked the trend of economic inertia” in the region through “prudent fiscal management and sound policy initiatives”. […]
US visitors to pre-clear, China gets visa-free entry
(CNS): The premier has announced some immigration changes that will impact travellers to Cayman and Caymanian travellers. Speaking at Cayman Economic Outlook Thursday, Alden McLaughlin said his government was close to finalising an agreement for immigration pre-clearance at Miami International Airport for eligible passengers coming to Cayman. He also revealed that Chinese visitors with a valid […]
