Tag: Chamber of Commerce

WORC begins talks with business groups

WORC begins talks with business groups

| 24/07/2018 | 51 Comments
(CNS): The new unit tasked with solving the persistent problems of Caymanian unemployment, underemployment and stalled career progression has begun meeting with local business associations about its development. Last week representatives of the Workforce Opportunities and Residency Cayman (WORC) met [...]

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Unemployment persists despite economic growth

Unemployment persists despite economic growth

| 28/05/2018 | 102 Comments
(CNS): The finance minister painted a rosy picture of Cayman’s economic growth and government’s fiscal prudence when he appeared at an economic forum Friday. Roy McTaggart pointed to growth in the economy of 2.9% in 2017, with the construction and tourism sectors leading the way, but Min [...]

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State of economy subject of new forum

State of economy subject of new forum

| 09/05/2018 | 2 Comments
(CNS): The Cayman Islands Chamber of Commerce will be hosting a local economic forum later this month, with a view to updating the community on the state of Cayman’s economic growth, its key industries and the government finances, including positive developments, challenges and an outlook for [...]

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Cayman Finance remains calm, Chamber outraged

Cayman Finance remains calm, Chamber outraged

| 02/05/2018 | 28 Comments
(CNS): Jude Scott, the CEO of Cayman Finance, has responded relatively calmly to the vote in the UK parliament yesterday, which will see the British government impose a public beneficial owners register on the Cayman Islands, as he pointed to the two-year process, during which time the dialogue with [...]

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Rivers calls for greater effort on perception problem

Rivers calls for greater effort on perception problem

| 23/04/2018 | 29 Comments
(CNS): The financial services minister has called on the sector to work with government to do more to address the perception problem that surrounds the industry overseas. Tara Rivers said that historically not enough was done to correct myths and misconceptions which have been allowed to fester beca [...]

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Chamber to lobby for construction industry

Chamber to lobby for construction industry

| 19/04/2018 | 20 Comments
(CNS): The construction sector is complaining that the cost of doing business and bureaucracy are constraining the ability to grow, even though the industry is currently enjoy a period of expansion. Thirty construction and development firms took part in a recent round table at the Chamber of Commer [...]

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Chamber president calls for action on crime

Chamber president calls for action on crime

| 07/03/2018 | 24 Comments
(CNS): The Chamber of Commerce wants to lead policy discussions on crime with the government to find some solutions to what many see as a growing threat to the economy. The business organisation, which sees crime as a major threat to the bottom line of local businesses, said it was something the co [...]

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Consumer bill consultation extended in face of backlash

Consumer bill consultation extended in face of backlash

| 01/03/2018 | 20 Comments
(CNS): Concerns from the business community that the implementation of a consumer protection bill to protect shoppers from bad trade practices will impact their bottom line has led to an extension of the public consultation. The Chamber of Commerce requested the extension period to allow more of the [...]

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Chamber looks to nurture local entrepreneurs

Chamber looks to nurture local entrepreneurs

| 26/02/2018 | 6 Comments
(CNS): The Chamber of Commerce wants to encourage more young Caymanian entrepreneurs and help them understand that owning and building a business is a legitimate path to a successful future. New Chamber President, Paul Byles, told CNS that young people with an adequate education and the necessary [...]

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Business urged to wade in on consumer protection

Business urged to wade in on consumer protection

| 07/02/2018 | 11 Comments
(CNS): The new Chamber of Commerce president, Paul Byles, is urging all businesses to engage in the consultation process for the proposed Consumer Protection and Guarantees bill because he believes it will be much more difficult to ask for change once the law is passed. The bill is designed to give [...]

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Business licence regime faces overhaul

Business licence regime faces overhaul

| 23/01/2018 | 27 Comments
(CNS): The local trade and business licensing regime is set to undergo another review in a bid to introduce tiered fees reflecting the size of businesses, more support for small businesses and to cut red tape. Premier Alden McLaughlin told an audience of local Chamber of Commerce members last week t [...]

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