Monday, May 20, 2019

Obesity weighs on Cayman

Obesity is weighing heavily on Cayman’s population, statistics show, and the figures are likely to keep ballooning unless government sectors come together to create a solution, health industry leaders warned at the Cayman Islands National Healthcare Conference last month.

Cayman-based Real Vision looks to conquer financial media world

Real Vision founder Raoul Pal, who owns a house on Little Cayman, has ambitious plans for his firm, aiming for it to “disrupt” the media industry and replace outlets like CNBC as the financial journalism outlet of record.

Residential real estate growing by double digits; commercial ready to soar

The complaints nibble at the edges of their optimism, but the upbeat mood among real estate brokers remains firm, though things could be even better – and South Sound is still booming.

Work permits have no negative impact on Caymanian employment

Data show the number of work permits does not impact Caymanian unemployment. An analysis of more than 10 years of data shows the nature of employment in Cayman has changed significantly since Hurricane Ivan.

World’s cheaper oil not a big help to Cayman Islands

International politics, along with business and economic circumstances and newer technology used in the extraction of oil have all combined to rattle global energy pricing while generally not affecting the Cayman Islands economy.

Cruising to Cayman: Making way for super ships

 The Cayman Islands and the Caribbean cruise industry have enjoyed a mutually beneficial relationship for many years. Currently, three business-related themes are converging that could strengthen this alliance substantially in the coming years: 

 

Cayman slow to catch on to e-commerce

Online commerce, commonplace in most developed nations, has been slow to catch on in the Cayman Islands.

Bank ‘de-risking’ poses serious problems for Cayman

The Cayman Islands finds itself caught in a global public policy debate over how to deal with cross-border cash transfers

Suzy Soto: A dream, a prayer and a lifetime in business

She would have driven the backhoe, dug the swimming pool and plumbed the pipes, but Suzy Soto merely removed the turtle grass, drove a truck and bore children.

Economic Forum highlights concerns over cruise pier project

Regular readers of the Cayman Compass and other local media are surely used to seeing headlines over the years such as “Cruise dock deal on track,” “Government gives green light to George Town cruise dock,” and “Government plans to go ahead with cruise dock.”

Boom times for Cayman home real estate

Cayman's number of living units and guest accommodations is increasing.

Gov’t plans public consultation on ‘economic substance’ changes

When late last year, Cayman avoided being placed on an EU tax blacklist by committing to remedy, before the end of 2018, what the EU called a lack of economic substance of Cayman-based entities, few knew what exactly the Cayman Islands government had promised to do.

Local artwork makes ‘Summer Memories’

Evocative images that speak of summer are currently on display at the latest art exhibition at the Ritz-Carlton, Grand Cayman’s Gallery, with paintings and photography submitted by a wide range of Cayman’s talented artists.

The ‘greening’ of Cayman: slow, steady, complicated

In the next 90 days, the Caribbean will take another incremental step toward sustainable consumption as Cayman’s John Felder ships to Cuba the first electric cars in the island’s history.

Renowned barrister sets up shop in Cayman Islands

Revered in the U.K. media as the scourge of over-zealous attacks on press freedom, barrister Trevor Burke is perhaps less well known in his second home, the Cayman Islands.

Stunning stories among highlights at alternative investment forum

Agent Gregory Coleman tracked his quarry, the so-called “Wolf of Wall Street,” for 10 years, ultimately sending him to a Nevada minimum-security prison for money laundering and securities fraud.

Could academies work in Cayman?

The jury is still very much out on the success of the English academy system, which officials are looking to possibly replicate in Cayman.

Board Apprentice launches in Cayman

A U.K.-based nonprofit striving to widen the pool of board-ready candidates to increase diversity on boards globally launches in Cayman.

Prime broker relationship is one of many challenges for hedge funds

Regulations have a direct impact on prime brokers’ ability to finance and maintain hedge funds assets on their balance sheet.

Tourism looks for big 2016 spend, but sees security concerns

The general mood related to tourism is upbeat and the statistics support it: arrivals are rising, construction is proceeding, employment is set to expand, and while economic recovery feels wobbly, optimism is guarded and hope springs.
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