Cayman Islands Liquor Licensing Board grants New Year’s Extension/Amendments to Liquor Licensing Law will commence in January
Cayman Islands Liquor Licensing Board grants New Year’s Extension Liquor Licensing Board Chairman Mitchell Welds has confirmed that liquor license holders will get a one-hour extension beyond regular closing times on New Year’s Eve and on New Year’s Day. ‘This…
Align gasoline fuel prices in Grand Cayman to real market driven prices!
From change.org Gasoline fuel prices continue to baffle EVERYONE as current gasoline fuel prices are stuck at 417 percent above open commodity fuel prices. It is most baffling and our current two fuel importers- Sol Petroleum and Rubis Oil are…
Cayman Islands government extend duty concessions
In its ongoing effort to maintain and stimulate further economic activity, the Government has extended the following duty concessions to 31st December 2020: • the import duty concessionary rate of 12.5 cents per gallon on the importation of motor gasoline…
Almost half of hedge fund firms plan 2016 fund launch
From IFC Review Almost half of hedge fund firms plan to roll out a new hedge fund by the end of next year despite regulations challenging how they market, the Alternative Investment Management Association (AIMA) said this week, Reuters reports….
Greek prosecutors investigating tax evaders raid UBS office
From CNBC ATHENS, Dec 15 (Reuters) – Greek financial prosecutors have raided a UBS office in Athens seizing records as part of an investigation into possible tax evasion by holders of large bank deposits abroad, court officials said on Tuesday….
Cayman Islands police issue Christmas personal safety tips
RCIPS Holiday Safety Initiative: Tips To Enhance Personal Safety During the Holidays Aside from road safety, the RCIPS is emphasizing other aspects of safety during its Holiday Safety Initiative, including personal safety. Violent crime and street crime in the Cayman…
Americans say it is riskier to use public wi-fi than a public restroom: Survey
By Trudy Knockless, From Legaltech News Although consumers consistently give themselves a solid A when it comes to grading their online security behaviors, most leave their information vulnerable. In 2014, more than 348 million identities were exposed due to identity…
Cayman Islands Lobster & Conch Season Regulations
With lobster season opening on Tuesday the Department of Environment reminds everyone of the regulations for taking certain marine creatures in the Cayman Islands. People should not purchase local conch and lobster over the limit as that encourages poaching. The…
Global oil price reduction continued to cut Cayman Islands’ imports payments in the Second Quarter
Total payments for imports by residents of the Cayman Islands continued its downward trend in the second quarter. The total value of all merchandise goods imported into the Cayman Islands amounted to CI$182.9 million, 9 percent lower compared the same…
Cayman Islands underemployment rate declined as unemployment rate inched up in Spring 2015
The underemployment rate among residents fell in Spring 2015 to 2.5 percent from 2.9 percent in Fall 2014. The underemployed, which numbered 948 persons, are those with part-time work and were available and seeking for more work. However, the overall…