Tag: Chamber of Commerce
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, […]
Top Dart exec takes over Chamber presidency
(CNS): Chamber of Commerce members elected Joanne Lawson as the new president of the business organisation at its 58th AGM held last week. Lawson, who is the fifth woman to hold the position, is chief of staff at Dart Enterprises Ltd, one of the largest and most influential companies in the Cayman Islands. As she […]
Panton pushes for national discussion
(CNS): As the population of the Cayman Islands continues to explode and the community attempts to tackle the legacy of past failures to plan, Premier Wayne Panton has said that Cayman urgently needs to have a conversation about what people want the future to look like. Panton told CNS he wants the government to facilitate […]
Chamber president warns of job losses to outsourcing
(CNS): Local businesses are increasingly outsourcing support work overseas due to regulations, bureaucracy and the high cost of living in the Cayman Islands, Chamber of Commerce President Nelson Dilbert said Wednesday at the Chamber’s Annual Parliamentary Luncheon. Dilbert outlined some of the stresses businesses face and said that some are seeking ways to navigate the […]
Banks agree to delay just as Fed pauses rate hikes
(CNS): The local banks have agreed to give customers a 30-day notice before rolling out any more interest rate hikes, Premier Wayne Panton told a business audience on Wednesday, just after the US Federal Reserve paused its increases on interest rates in the United States after more than a year of regular increases, which have […]
DP calls for 30-storey buildings away from beach
(CNS): Deputy Premier Chris Saunders has called for a conversation about a policy change that would allow for much taller buildings on Grand Cayman that are well away from the beach. Saunders has suggested this as a solution to the housing crisis that the country is now facing and to enable an increase in room […]
Public spending must start falling, says Saunders
(CNS): The Cayman Islands Government expects to collect more than CI$1 billion in revenue by the end of 2022 but also to spend close to one billion for the first time in its history, Deputy Premier and Finance Minister Chris Saunders said Wednesday, stating that public expenditure must begin to come down. He said the […]
Ebanks: Cayman ready to embrace future tech economy
(CNS): Cayman needs to build on its existing blue-chip financial services product and embrace the future of digital industries, according to Financial Services Minister André Ebanks. Speaking at the Chamber of Commerce Parliamentary Lunch on Thursday, he said the Cayman Islands is ready to take a chance and layer on top of its world-class regulatory […]
Businesses want mask mandate dropped
(CNS): Shomari Scott, the President of the Chamber of Commerce, has called on the government to lift the indoor mask mandate for all retail establishments given the high vaccination rates and the relatively low number of hospitalizations as a result of COVID-19. But the number of SARS-CoV-2 infections has been steadily increasing over the last […]
Call for all hands on deck for Earth Day Cleanup
(CNS): Young and old are being called on to volunteer for this year’s Chamber of Commerce Earth Day Cleanup on Saturday, 23 April. Businesses, community groups and schools are all encouraged to organise teams and to select a location for the cleanup.
Governor focused on civil service reform
(CNS): Addressing accountability around the performance of civil servants will be a priority this year for his office, Governor Martyn Roper said during a speech delivered at the Chamber of Commerce Annual General Meeting on Monday. The governor told the audience of business owners that further progress is needed for the civil service to go […]