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Cayman Islands News

  1. Over 58,500 passengers in first week of year
    (CNS): The cruise ship sector is off to a great start, as statistics on the Port Authority of the Cayman Islands website indicate than more than 58,500 people will be arriving in Grand Cayman this wee …
  2. Cayman see near 7% fall in funds since 2013
    (CNS): The Cayman Islands saw another fall in the number of funds registered in the jurisdiction at the end of 2016, according to figures released by the Cayman Islands Monetary Authority (CIMA) in it …
  3. Stay-over visitor numbers break more records
    (CNS Business): Almost 35,000 people visited the Cayman Islands in November, according to the latest statistics from the Department of Tourism, breaking more records for the stay-over tourism sector. …
  4. CUC demand rates change for big customers
    (CNS Business): More than 100 of CUC’s largest customers who are both generating their own power and using power supplied by CUC will face a new rate system in 2018. New Demand Rates for large commerc …
  5. CIMA report reveals banking sector under pressure
    (CNS Business): A report assessing the health of the Cayman Islands banking sector in 2016 has revealed that the sector remains “vulnerable to global macroeconomic environments, as well as political u …
  6. Offshore law firm goes after press in Paradise Papers hack
    (CNS Business): The law firm which was the victim of a hack in which millions of documents about their clients’ offshore financial affairs were exposed is taking legal action against the BBC and the G …
  7. 7-bed house on 7MB sells for record price tag
    (CNS Business): A single family home on Seven Mile Beach was sold last week for a record-breaking US$12.5 million, the highest sale price for a stand-alone family house in the Cayman Islands. Kim Lund …
  8. Captive market claims boost to local economy
    (CNS):  The Insurance Managers Association of Cayman claims that the captive market generated US$100 million for the local economy in 2016, based on recently published results from an economic impact …
  9. Golden Spoons Review: Agua
    (CNS Foodie): My partner and I arrived for brunch at Agua just after the 11:30am opening, already starving and anxious to get started on the meal. After a little wait to get seated we were ushered to …
  10. Golden Spoons Review: Café Amazon
    (CNS Foodie): I will admit to having a soft spot for Café Amazon since it seems to be one of the few businesses on this island trying to make a difference by embracing the idea of a zero carbon footpr …