Starting from next month (November) medium and large companies in Cayman will be able to tap into a new government loan-guarantee scheme offering loans on concessionary terms of up to CI$3 million.
To further aid in the rebound of the Cayman economy and to alleviate the financial strain the pandemic has had on industries, the National Pensions (Amendment) Law 2020 (“the Amendment”), in accordance with section 1(3) of the Amendment relating to the pension holiday....
MLA for George Town Central, Kenneth Bryan, has submitted a battery of questions for the upcoming meeting of the Legislative Assembly on a range of pressing issues for which he is seeking answers from the government.
“It is clear that as the Premier is coming to the end of his term that he has lost sight of what is important. I want to use this opportunity to remind him that we are here to make people's lives better,” Mr McLean said in a statement on Wednesday.
In what amounts to a case of ‘some you win some you lose’ the vexatious Section 81 stays, but the Cayman Islands has won several significant constitutional concessions from the British government.
The Cayman Islands government has finalised the emergency standby line of credit it has been negotiating with a consortium of local banks.
Hon. Premier Alden McLaughlin, leader of the People’s Progressive Movement-led coalition government, has thrown down the gauntlet to political aspirants for the 2021 general election, especially anyone seeking the leadership role.
Despite the setbacks caused by the COVID-19 pandemic, the finances of the government and the economy of the Cayman Islands have so far withstood impact relatively well.
Premier Hon. Alden McLaughlin congratulates Prime Minister Andrew Holness and the Jamaica Labour Party on their landslide victory in the general election in Jamaica yesterday.
The Governor is facing a legal challenge over his decision to invoke Section 81 of the constitution to override the Legislative Assembly and pass the Civil Partnership Law.