Topic: GraceKennedy
Officials: Corned beef now safe to eat
Cayman’s Department of Environmental Health announced Wednesday that it has lifted a recent recall of corned beef products from Brazil. The ban, instituted on March 21, was put into place due to fears of contaminated meat, and a multi-agency committee was set up to monitor the situation and protect the public interest.
Western Union allows cash transfers to Cuba
People in Cayman can now transfer cash to Cuba, officials with Western Union and GraceKennedy Money Services announced Thursday.
Remittances dropped sharply last year
In 2015, the amount of money being sent overseas as remittances dropped by US$10 million over the year before. Many expats, especially low-wage workers, were shocked when they no longer had easy access to send cash home. However, the situation has improved, with Western Union and the other cash transfer companies back open and accepting local currency.
Forum: Region needs cash-transfer rules
A forum with government and private sector representatives from around the region last week called for a Caribbean-wide effort to deal with U.S. banks “de-risking” and pulling out of doing business with cash transfer companies and other financial institutions around the region.
