Tag: Chamber of Commerce
Bryan continues to criticise conservation battle
(CNS): The tourism minister’s criticism of efforts by public and private sector entities to protect Cayman’s environment and dismissal of the hard battle to preserve our dwindling natural resources were on display again last week at the Chamber of Commerce Legislative Luncheon, where he implied that the balance is tipped too much in favour of […]
7MB erosion now a priority for UPM, says minister
(CNS): Tourism Minister Kenneth Bryan has revealed that the minority UPM government is working on a public-private partnership of some kind to undertake an undefined replenishment project to address what he said was the national emergency of erosion on Seven Mile Beach.
Bryan pressing ahead with referendum bill
(CNS): Now that the date for the 2025 General Election has been set for 30 April, the UPM minority government has just over three months before parliament is prorogued and the official election campaign begins, leaving them very little time to steer through the catalogue of legislation and policies the beleaguered coalition has promised voters, […]
Business community jittery over government crisis
(CNS): Despite reassurances from former deputy premier André Ebanks and Governor Jane Owen that the government is still functioning as normal after three Cabinet ministers and a parliamentary secretary resigned from the UPM government on Thursday morning, the business community has reacted with concern. The Chamber of Commerce said the resignations amounted to a “seismic […]
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 […]
