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.
International credit rating agency Moody’s has maintained the Cayman Islands Government’s Aa3 bond issuer rating, Aaa country ceiling rating, and ‘stable’ economic outlook in a report issued on Thursday, 8 June 2023.
The Cayman Islands will address the Financial Action Task Force (FATF) Plenary this month, as part of the process for being removed from the FATF’s list of jurisdictions being monitored for anti-money laundering and countering the financing of terrorism (AML) deficiencies.
The 2023 Atlantic Hurricane Season starts today – 1 June – and will continue until 30 November.
All of us in the Cayman Islands have been impacted by the rising cost of living in our Islands. Prices have increased across the board, with food, utilities, gas, accommodation, and other basic necessities of life becoming more and more expensive.
A team from the Ministry of Financial Services & Commerce completed an engagement trip to Hong Kong and Singapore last week, to bolster relationships with financial services industry stakeholders and engage various authorities in Hong Kong and Singapore;
Negotiations between the Cayman Islands Government and Dart to reach financial close for ReGen, Cayman’s Energy and Recycling Centre are nearing completion and financial close for the project is now expected before 31 July.
All of us in the Cayman Islands have been impacted by the rising cost of living in our Islands. Prices have increased across the board, with food, utilities, gas, accommodation, and other basic necessities of life becoming more and more expensive.
The Speaker of Cayman’s Parliament, Hon. Katherine Ebanks-Wilks, was in Anguilla in April to meet with the Rt. Hon. Sir Lindsay Hoyle, Speaker of the House of Commons (UK), along with other Commonwealth Speakers, for the second Commons and Overseas Territories Speakers’ Conference (COTSC).