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Topic: development

Cayman Development Bank: Vast majority of business loans delinquent

Between 60 and 70 percent of business loans granted by the Cayman Islands Development Bank are delinquent, according to managing director Tracy Ebanks.

Elite athletes’ funding questioned

The Cayman Islands Elite Athletes program comes under some scrutiny from lawmakers.

More delays in road compensation fight

A family involved in a seven-year battle with government over compensation for land seized during the construction of the East West Arterial Highway must face another lengthy court fight to get the money they believe they are owed.

Cayman celebrates the Queen’s 88th birthday

George Town was transformed into a site of much pomp and ceremony on Saturday when it hosted a parade and awards ceremony in honor of the 88th birthday of Queen Elizabeth II.

Students complete intervention program

Twelve George Town Primary students have completed the Positive Intervention Now program.

Tibbetts: Social housing policy likely

Cayman may require a social housing policy to address the provision of accommodation for people who cannot afford to pay for their own homes, Kurt Tibbetts, the minister in charge of housing told legislators last week.

Bush defends expenses

Former Premier McKeeva Bush hits back at critics after some questionable travel and hospitality expenses are revealed.

Prospect relying on dynamic duo

This could be the year that John Gray High School dominates the Mourant Ozannes sponsored Secondary Schools Under-15 competition.

A Caymanian’s opportunity

Writer says an attitude shift cleared the path for her professional development.

Chamber cites ‘complete disregard’ for public purse

Cayman's Chamber of Commerce lashes out at the local government over travel and hospitality spending.

Companies see tax as a growing risk

The OECD's Base Erosion and Profit Shifting project is seen as a major risk.

Trial begins for housing trust deputy chairman

Trial began on Monday for Edlin MacArthur Myles, who faces nine charges of obtaining or attempting to obtain a pecuniary advantage by deception.

Anti-corruption review for travel costs

Hundreds of thousands of dollars of unexplained or questionable travel and hospitality expenses in local government are revealed.

Gov’t spent $12,000 on booze at parties

Government runs up some serious 'hospitality' bills on the taxpayers' dime.

Literacy workshops held during Child Month

Students, teachers and parents got together in literacy workshops throughout Child's Month in May.

Tens of millions spent on welfare

The Cayman Islands government has budgeted $6.2 million for poor relief payments, $6.2 million in stipends to seamen and veterans, $5.4 million on staffing and admin for welfare recipients, $1.6 million for rental assistance payments and $1.5 million on food vouchers.

Going forward through the ‘rear-view mirror’

All too often the local opposition to change is grounded in emotional appeals to a vision of a Cayman Islands that has long since slipped away.

Grand Cayman prepares for potential natural disasters

Grand Cayman prepares for natural disasters with a lecture series and a tsunami exercise.

Minimum wage committee members appointed

Members of the Minimum Wage Advisory committee have been appointed and will present their recommendations to Cabinet by the end of October.

Gov’t revives business ‘accreditation’ for immigration

The Cayman Islands takes another look at 'accrediting' local companies for immigration purposes.

Noncommunicable diseases focus of forum

Cayman's fith national healthcare conference will address five chronic non-communicable diseases including mental health, according to Health Minister Osbourne Bodden.

Premier: We’ll finish the job

Cayman's premier and opposition leader duke it out for public credit over the territory's economic development.

Applicants asked to reapply for BT affordable homes

Residents who previously applied for affordable homes in Bodden Town are being asked to resubmit applications.

GT revamp may bring new roads

Several new road 'connections' are being planned for central George Town.

Business in brief

Business in brief.

CONCACAF girls get their chance

The inaugural Girls Under-15 Confederation of North, Central America and Caribbean Association Football tournament will be staged in a couple of months and there was an unveiling of the competition’s logo at the Marriott Hotel on Monday night.

DMS expands European operations

Fund governance firm DMS Offshore Investment Services is expanding its operations in Europe.

Executive homes under US$1 million

In the Cayman Islands, comfortable homes for executives and their family under US$1 million are in short supply.

Olympic Day showcases talent

The Cayman Islands Olympic Committee is inviting the general public to support its annual Olympic Day run/walk 5k and later a demonstration of various sports.

Bodden: No shortcuts on landfill

There are “no shortcuts” to get the Cayman Islands long-standing landfill issues dealt with, Minister Osbourne Bodden insisted on Monday as he rounded on critics of government’s response to the problem.

Government in talks on new fuel depot

A new bulk fuel facility is in government's plans, according to a list of first year accomplishments for the Progressives.

Starlets shoot for DREAM trip

A local girls program hopes to groom young talent in Orlando.

Scholars tamed Tigers cubs

The Cayman Islands hosts the inaugural girls Under-15 CONCACAF tournament in August and a few candidates for squad places were on view in the FA Cup final last Thursday.

Triple C to host old school goodness

Some talented former students of Triple C will find themselves back at school on Saturday as part of a fundraiser that promises some “old school” goodness.

UK must sign off on refinance

Cayman must get UK approval before borrowing to pay off its current debts.

Chamber backs government budget

The Chamber gives the thumbs up to government's 2013/14 spending plan, but says more needs to be done to lower business fees in the future.

East End well served

Pupils at East End Primary were delighted to welcome back tennis pro Noel Watkins last week, as weekly tennis lessons once more resumed at the school thanks to Cayman National’s ongoing sponsorship.

Final 13 vie for ‘Young Musician of the Year’

The 'Butterfield Young Musicians of the Year' competition is once again upon us, with 13 young hopefuls vying to take home the crown for 2014.

Opposition leader: PPM should thank us

Cayman Islands Opposition Leader McKeeva Bush said Thursday that government members should be thanking his former administration for the budget surplus and for several development projects under way.

Government budgets for 100-plus staff increase

The Cayman Islands government plans for a modest staff increase during the 2014/15 budget year.

Nominal bids accepted for tire pile

Government appears to have finally given up hope of making any money out of a huge stockpile of used tires at the George Town landfill site.

North Side school named after former speaker

Hundreds gathered in North Side on Tuesday to pay tribute to the district’s long-serving representative, the late Edna Moyle, as the local primary school was renamed in her honor.

Business in brief

Business in brief.

Cayman’s debts come due

Cayman's government owes tens of millions in 'bullet loan' payments over the next 12 months.

Future trio set to kick it in pros

Roy “Huta” Ebanks has always concentrated on producing well rounded citizens rather than great players as technical director of Future Sports Club and that philosophy is certainly paying off because he has three exceptional footballers in his youth teams who are also well rounded teenagers.

Ribbon cut on SafeHaven Marina

Governor Helen Kilpatrick officially opened the SafeHaven Marina Tuesday following its $3.5 million refurbishment.

Where government spends its money

So where does the Cayman Islands government spend all your money?

Governor: Budget will lower cost of living

A national apprenticeship scheme to get young people into work, a road building program in George Town and a cut in duty on fuel imports, were among the highlights of government’s policy agenda outlined in Governor Helen Kilpatrick's Throne Speech on Monday.

Landfill fix will take 5 years, cost $100 million-plus

A solution to Cayman’s landfill problems will likely cost in excess of $100 million and won’t be completed until 2019 at the earliest, according to a Strategic Outline Case produced by government.

Residents press for answers at West Bay housing meeting

Housing Development Trust meeting gets of control with residents of Apple Blosssom affordable homes Thursday afternoon in West Bay.

Online Poll Hurricanes on people’s minds

The Cayman Islands’ population is considering its readiness as hurricane season dawns once more.

Slow Atlantic hurricane season predicted

The NOAA has released its outlook for the 2014 Atlantic hurricane season.

UK approves budget plan

The UK says Cayman's 2014/15 budget plan is good to go.

Chelsea pass trio on to Barbados

Three of Cayman’s top young footballers will be headed to a top regional institution.

Education minister touts successes

Government has released a “one-year progress report” touting the “many key accomplishments” of Minister Tara Rivers and her counselor Winston Connolly in their first year in office.

Boat operators move into SafeHaven

SafeHaven marina, which underwent a $3 million restoration, has reopened for business.

Business in brief

A roundup of this week's business stories May 21, 2014.

Net income loss for Consolidated Water

Consolidated Water releases its first quarter report for 2014 with an 82 percent decrease in net income.

Premier of Bermuda resigns amid political controversy

The Premier of Bermuda Craig Cannonier resigned on Monday amid growing controversy over his dealings with a wealthy U.S. developer who wanted to bring a casino to the island.

Chelsea gives trio new goals to aim for

Three teenage footballers are excited that they have been selected for a chance to improve their skills with Chelsea Football Club.

Sporting Stars will boost athletes

A fresh approach to promoting local sports hopes to build more national pride.

Morritt’s unveils luxury unit in English style

A new luxury 20-unit property called The Londoner at East End's Morritt’s Resort is the newest addition to hotel accommodation in the Cayman Islands.

Sandals resort for East End?

All-inclusive resort chain Sandals has confirmed it is interested in coming to Grand Cayman.

The day Columbus discovered Cayman

We can learn from the story of Christopher Columbus, who discovered the Cayman Islands in May 1503.

Americans pad up

Cricket will be promoted better in the sports-mad United States after the West Indies Cricket Board announced an agreement with the USA Cricket Association to work together.

Business in brief

A roundup of business stories.

Dart submits full Camana Bay plan

Plans have been submitted for more than 100 new condominiums and town houses within Camana Bay as the development continues to expand.

FOI emails lost in cyberspace

Ten government agencies are found to be 'missing' emailed open records requests.

More Caymanians in jobs

Unemployment among Caymanians declined by some 100 job seekers to an estimated 9.4 percent.

Bortles aims to make Jags relevant

Blake Bortles could make the Jacksonville Jaguars significant to pigskin lovers in the Cayman Islands.

Cayman B thrown together but not too far off pro level

The Cayman Airways Youth Invitational Under-14 Cup tournament kicked off at the TE McField Annex on Tuesday evening, but the Cayman Select B team had an unhappy start against a professional academy from England.

Decrepit affordable homes to be demolished

Occupants of dilapidated homes in West Bay say they will be left homeless if the houses are demolished.

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