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Topic: economic development
Let us extend a welcoming hand to new Chamber of Commerce President Paul Pearson, and offer a congratulatory pat on the back to outgoing Chamber President Barry Bodden for a job well done.
George Will WASHINGTON – China produces an astonishing number of astonishing numbers, including this: In the 20th century, America made automobiles mass-consumption items, requiring prodigious...
Some of the Caribbean region’s most senior judges are in the Cayman Islands this week to discuss a draft law that governs the appointment, discipline and removal of judges.
In a global index on open government data the Cayman Islands scored 61, on par with Pakistan and Russia.
Premier Alden McLaughlin and a six-member Cayman Islands delegation attended Tuesday afternoon’s opening session of the three-day annual Joint Ministerial Council in London. Ongoing questions of beneficial ownership are expected to be among the more contentious subjects addressed among the group of 12 Overseas Territories and Foreign and Commonwealth Office leaders.
While UCCI’s 2015 commencement celebrated the hard work of dozens of its graduates, the highest form of recognition bestowed at the October ceremony was reserved for three of Cayman’s most notable contributors.
Cayman Islands Opposition Leader McKeeva Bush recently promoted the transition of military bases in Afghanistan to Special Economic Zones.
The OECD presented a final set of measures that seek to reform international tax rules to close gaps and inconsistencies that allow corporate profits to “disappear” or to be artificially shifted to jurisdictions with low or no taxation.
The Cayman Islands economy expanded by an estimated 1.4 percent, buoyed by strong growth in the hotel and restaurant, and real estate, rental and business services segments.
The members of the Legislative Assembly are not yet revealing where they stand on the issue of whether a cruise berthing facility should be built in George Town Harbour.
Members of the Chamber of Commerce are split on the cruise berthing proposal, but most support new investment in the cruise port.
Premier Alden McLaughlin will be in Bermuda this week for a meeting with all Overseas Territories heads of government.
A new “public information” group has been formed by supporters of a new cruise dock for George Town in an effort to counter a growing campaign against the $150 million project.
A coalition of Cayman Islands voters will seek to force the local government to abandon plans for a cruise pier in George Town harbor via a people-initiated referendum.
Massive deficiencies in the Cayman Islands Fire Service, discovered more than a year ago, are finally revealed to the public.
Most people think of CUC when one of two things happens: 1) their monthly bill arrives, or 2) the power goes out. Their thoughts are not likely to be loving.
Cable and Wireless Communications announced Tuesday that the company, which operates as LIME in the Cayman Islands, has completed its US$1.85 billion acquisition of all of the equity of Columbus International Inc.
The National Gallery of the Cayman Islands is working on a number of initiatives prompted by its recent participation in a conference that sought to build stronger ties between artists in the Caribbean region.
Cayman has five new garbage trucks, but for now residential trash collection will remain at once a week.
Megatrends are fundamentally shifting the alternative investment industry.
If it were possible for a government to create an economy from scratch, through subsidies and spending, then Cayman Brac would be booming.
When posed with any proposal that would increase government's reach, diminish individuals' privacy rights and devolve responsibility away from elected officials – our first response is to ask: Why?
Proposed amendments to the Statistics Law would make it illegal to give false information in a government survey and opens up exempt companies for data collection.
Fourteen of 18 industry sectors grew their economic output last year.
Government has extended certain duty concessions, affecting predominantly Cayman Brac, in an attempt to stimulate economic activity.
Researchers will ask 1,400 Cayman households to track expenses for two weeks for the Household Budget Survey.
Cayman plans on steady, if unspectacular, economic growth over the next few years.
Legislative Assembly members will get a preview of the budget this week.
The construction of two new roads through Grand Cayman’s eastern districts, which would appear to be crucial for future economic development, is in doubt over questions of available funding.
Government will make more resources available to the Economics and Statistics Office to carry out new surveys.
But the average inflation rate obscured price hikes restaurants, transportation and household equipment.
A government minister says Cayman's current fuel terminal in George Town must be relocated.
The Cayman Islands gross domestic product expanded in the first quarter, boosted by significant growth in tourism-related sectors.
Figures released for 2013 show that, on average, Cayman residents live to the age of 82.
Cayman's opposition leader says he'll work to support the government's plan for a new fuel storage terminal.
Caymanians are being invited to apply for the annual Chevening Scholarship.
Plans for a new fuelling depot will be subject of government-private sector talks next month.
The new customs coding system that has caused outrage among importers will be amended since the system has been found to be “tedious” and “not working,” Premier Alden McLaughlin announced Thursday,
Five Caymanians have beeen recruited as new customs officers.
The Cayman Islands economy grew for the third consecutive year in 2013, but fell short of the expectation maintained by government until the third quarter of last year.
Can the owners of the Alexander Hotel, or any developer, hold a reasonable expectation of objectivity when dealing with the Department of Environment?
Cayman's finance minister receives kudos from his party's political opponents.
Cayman's premier and opposition leader duke it out for public credit over the territory's economic development.
A new bulk fuel facility is in government's plans, according to a list of first year accomplishments for the Progressives.
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.
Unemployment among Caymanians declined by some 100 job seekers to an estimated 9.4 percent.
A roundup of business stories.
The total value of goods imported by Cayman residents increased 2.1 percent to $774.5 million last year.
Some small businesses say they are already benefiting from the new client base of over 100 companies.
Fears that LIME employees would lose their jobs have been laid to rest after Ericsson rehired the company's former staff.
Overall economic activity in the Cayman Islands grew by an estimated annualized rate of 1.0 percent in the first nine months of 2013.
Sonia McLaughlin retires afte 42 years of service.
Sports tourism is one of few global industries not adversely affected by the worldwide recession, and the Cayman Islands has benefited from a number of football events recently to endorse that fact.
Cayman's small businesses may get a break in the next government budget, but civil servants won't.
The Cayman Islands Chamber of Commerce urges government to forego the committee stage and find a landfill solution now.
Chamber president says fix Cayman's solid waste problem now, not later.
Knowledge-based special economic zone Cayman Enterprise City has hit a milestone by signing up its 100th company to enter the zone.
Both Cayman Finance and the Chamber of Commerce have emphasized the improving state of government finances in the Cayman Islands.
A group of local people will be wearing their commitment to Cayman on their chests from next week.
Rating agency Moody’s has maintained the credit rating of the Cayman Islands with a stable outlook.
Special economic zone Cayman Enterprise City hosted a dinner in London in December for British technology and media companies looking to attract new business by expanding into the North and Latin America markets.
Consumer prices increased by 2.8 percent in the third quarter of 2013 compared to a year earlier, the largest price jump since the fourth quarter of 2008.
Cayman Airways has expanded its presence on the Brac opening a new ticket office and reservation centre and expanding its cargo facility.
A new low cost fund with a fast track registration process in Bermuda is not going to threaten Cayman’s leading position in funds just yet
Cayman's largest business organization wants to wait just a bit longer on environmental conservation.
Franz Manderson admits that when it comes to competition for issuing work permits, Cayman is up against Bermuda and the British Virgin Islands.
The contents of the legislation should give most people indigestion.
Sports tourism is one of the fastest growing industries in the Cayman Islands and it is getting another boost this week with a three-day football seminar attended by iconic figures in world politics as well as Joseph “Sepp” Blatter, the president of FIFA, the governing body of world football.
Some of the biggest and most influential names in world football are soon coming to the Cayman Islands for sports summit.
Marking the 30th year for the UK’s annual Chevening Scholarships, online registration for the one-year master’s degree program has opened worldwide for the 2014/15 academic year.