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Month: April 2020

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Cayman: Concerns re-Coronavirus and ‘5G’ Technology

The Utility Regulation and Competition Office (OfReg) is aware that, there are a number of claims circulating in relation to ‘5G’ Technology being linked to the Coronavirus. 5G refers to the fifth generation of wireless communication technologies supporting cellular data…

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Cayman: Chamber supports restrictions to contain COVID-19 spread

The Cayman Islands Chamber of Commerce supports the Government’s decision to extend the curfew restrictions and urges everyone to follow them.   “Since the COVID crisis began”, explained Chamber President Woody Foster, “the efforts of the Chamber have been focused on…

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Cayman: Official Opposition welcomes additional COVID-19 financial relief initiative

The Official Opposition welcomes the opportunity to convene a meeting of the Legislative Assembly in order to implement proposed changes to the Pensions Law and several other key pieces of legislation. These changes will allow individuals and businesses to benefit…

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Canada shooting: Gunman kills at least 18 in Nova Scotia

From BBC A gunman disguised as a policeman killed at least 18 people, including a female Royal Canadian Mounted Police (RCMP) officer, in the worst mass shooting in Canada’s modern history. The 12-hour rampage started late on Saturday and ended…

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Coronavirus: Branson offers Caribbean island to secure Virgin bailout

By Simon Read From BBC Sir Richard Branson has pledged his luxury island resort as collateral to help get a UK government bailout of his stricken airline Virgin Atlantic. The billionaire Virgin Group boss said in an open letter to staff he…

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US oil prices drop to record low as demand dries up

From BBC The price of US oil has fallen to record lows, as demand dries up and storage runs out. The price of a barrel of West Texas Intermediate (WTI), the benchmark for US oil, has plunged more than 50%…

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Kia Motors producing protective face shields at U.S. manufacturing plant for use by healthcare workers across the country

Assembly of Personal Protective Equipment at Kia Motors Manufacturing Georgia Expands Kia’s “Accelerate the Good” Efforts to Help People Impacted by the COVID-19 Pandemic Donations set to begin this week in the area surrounding West Point, Georgia, followed by deliveries…

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Update – Cayman: Man charged following collision with police vehicle

From RCIPS April 20, 2020 UPDATE- The man, age 43 of Bodden Town, who was arrested on Monday, 13 April in relation to the below incident, has been formally charged with DUI, Reckless and Negligent Act, Dangerous Driving, Driving Without…

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Cayman: Temporary waiver of Trade and Business Licensing Application fees

Cabinet approves Regulations to waive payment of trade and business licensing application fees from 1st May to 31st July 2020. In addition, late fees from 1st March to 31st July 2020 will be waived for all applicants. Commerce Minister, Hon. Joey Hew has announced that…

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Cayman: Highwater adds new Director Nick Tappin

Highwater Limited, a boutique firm providing director services to the alternative investment industry, has added experienced fund professional, Mr Nick Tappin, to its board. Nick Tappin is based in Geneva and serves as an independent director on the board of…