Due to the success of the programme introduced by government in October 2020 to allow people employed outside of Cayman to live and work here for a maximum of 24 months, government approved at its most recent Cabinet meeting legislation to extend it for another year.
The Enterprise Cayman workforce development initiative by Cayman Enterprise City in partnership with Cayman Islands’ special economic zone companies has officially relaunched as a non-profit organisation and educational arm of the CEC special economic zones development project.
As the 20 November quickly approaches, the Cayman Islands Chamber of Commerce is working closely with the government to help employers and employees prepare for reopening and safely coexisting with Covid-19.
The Ministry of Investment, Innovation and Social Development has launched a new phase of business stipends, totaling CI$2.0 million.
Harneys has recently taken on Allison Gonsalves to its Articled Clerk Training Programme. Allison is a STEP qualified Trust & Estate Practitioner with more than 20 years of onshore and offshore experience in the international ultra-high net worth and high net worth financial services space.
Butterfield announced last week that Amanda Bodden has been promoted to the new role of Senior Vice President, Head of Retail and Operations, Cayman.
Despite attracting a wall of money, capital markets are failing to price in climate risks due to policy confusion and a lack of clarity on financial impact, according to a global survey by KPMG, CREATE-Research and the CAIA Association.
Taking into consideration the global pandemic’s impact on Cayman’s economy, as well dealing with a tropical storm/ hurricane, this did not dent Cayman’s electricity provider, CUC’s, earnings for the third quarter of 2021, as the company reports stable results despite these pressures.
Having released their third quarter results for the quarter ending 30th September, 2021, Butterfield reports net income for the third quarter of 2021 at $39.8 million, compared to net income of $39.6 million for the previous quarter and $30.5 million for the third quarter of 2020.
The Department of Commerce and Investment needs customers to place new applications for licenses and renewals in a dropbox, where payment is being made by cheque.