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QUOTABLE CARIBBEAN – DECEMBER 3, 2022

“This experience (WTTC Global Summit) has given us new and valuable insights into the global tourism product and highlights the ways the industry is connected … moving forward, I plan to implement some strategies discussed while ensuring that it is…

QUOTABLE CARIBBEAN – AUGUST 13, 2022

“We are excited and re-energized in terms of working very closely to see exactly what we (Cayman Islands and Jamaica) can do and how we can build mutual interest together.” – Christopher Saunders, Deputy Premier, Minister for Finance and Economic Development,…

Message: Hon. Chris Saunders, Cayman Islands Deputy Premier and Minister for Finance, Economic Development, Border Control & Labour

My friends,  I hope that this message finds you and your loved ones in the best of health.  Today, I want to wish you a Blessed and Merry Christmas, and a Bright and Prosperous New Year.  2021 continues to be…

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News Report: Cayman Islands enhances global innovation and economic development without tax harm

Cayman-Domiciled Collective Investment Vehicles, Multinational Enterprises Benefit EU & Other Countries GEORGE TOWN, Cayman Islands – Cayman Finance today is releasing “Cayman: Engine of Growth and Good Governance,” a new report that documents how the jurisdiction’s unique combination of tax neutrality, high-quality legal and regulatory system,…

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Cayman Islands Import Duty concession on building materials extended

From Cayman Islands Ministry of Finance and Economic Development. The present 15% import duty concessionary rate on building materials imported to Grand Cayman has been extended by Government for a further year, to 31 December 2019. In explaining the reason…

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Video Update: Advancing Geothermal Energy in the OECS for Economic Development and Resilience

OECS Media release Thursday, December 6, 2018 — A major gathering of regional and global geothermal experts is currently being convened in Saint Lucia to chart the way forward to transform the energy landscape of the OECS to deliver lower energy prices, reduce…

Cayman Islands: Bill seeks to empower first-time Caymanian property buyers

Stamp duty amendments that greatly enhance concessions to first time Caymanian and all low income property buyers are proposed. Legislators will consider and vote on the Stamp Duty (Amendment) Bill, 2018 to be introduced in the House in the November…

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Auxiliary secretary of Puerto Rico Permits & Endorsements Office resigns

From Caribbean Business SAN JUAN – The secretary of the Puerto Rico Department of Economic Development and Commerce (DDEC by its Spanish acronym), Manuel Laboy Rivera, said Friday that he accepted engineer Héctor Rodríguez Echevarría’s resignation as assistant secretary of…

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Planning Starts for Cayman Islands Census 2020

Cabinet has given approval for conducting Census 2020, the Cayman Islands’ population and households count. The Economics and Statistics Office, which conducts the census, has set up its Census Advisory Committee. The committee had its first meeting on Wednesday, 10…

Cayman Islands Ombudsman recommends Government Ministry to apologize

Office of the Ombudsman Press Release – Hearing Decision 60 involving the Ministry of Finance and Economic Development The Ombudsman’s Office has released Decision 60 in regards to an FOI request involving the Ministry of Finance and Economic Development. Th…