The Cayman Islands Ministry of Tourism and Ports (MOTP) on Friday announced that revenue collected from Tourism Accommodation Taxes and Fees (TATP) in the first six months of this year has already exceeded revenue projections for the full 12 months of 2023.
The Department of Labour & Pensions (DLP) announces the annual disbursement of funds under a Retirement Savings Arrangements (RSA) has increased from $12,900 to $14,125 which is a 9.5% increase.
The Ministry of Sustainability & Climate Resiliency is launching a new programme to provide energy efficiency retrofits for eligible Caymanian homeowners struggling with high utility bills.
Workforce Opportunities & Residency Cayman (WORC) carried out an investigation on a local fast food chain which resulted in levying an administrative fine of CI $125,325.00, which was collected on 15th June.
The Ministry of Planning, Agriculture, Housing and Infrastructure has taken a major step toward growing and strengthening the Cayman Islands domestic livestock capacity by recently importing 22 Red Poll cattle from Jamaica.
Having now fully satisfied the action plan given by the Financial Action Task Force (FATF), the Cayman Islands is eligible to be removed from the list of countries the FATF is monitoring for deficiencies in their anti-money laundering and countering the financing of terrorism (AML) regimes, subject
The Hon. Jay Ebanks, Minister for Planning, Agriculture, Housing and Infrastructure honored Caymanian trade apprentices at an awards ceremony for the recent Second Annual National Skills Competition held by the Public Works Department (PWD).
Exchanging policy updates on anti-money laundering (AML), tax cooperation and industry sectors, while also forging deeper, proactive engagement with European stakeholders, were key outcomes of meetings between EU stakeholders and a Ministry of Financial Services and Commerce delegation, led by the M
The economy of the Cayman Islands is ‘strong and stable’ but that stability is threatened by a set of circumstances that could undermine the progress made as the recovery from the COVID recession continues.
It’s now possible for eligible persons to make larger withdrawals from their pension accounts, thanks to a change in the law initiated by Hon. MP for Bodden Town West, Chris Saunders.