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Marco Archer

Customs new facility

Cayman Islands Customs New Facility Officially Opened A year after construction began, the Finance Minister, Hon. Marco Archer, snipped a ribbon to officially open a new Customs facility that houses the department’s mobile x-ray scanning truck, revenue and border protection…

The Editor Speaks: Marco v Kenneth

Announcer: In the blue corner we have the Challenger, Kenneth Bryan. His record is unimpressive. Once a reporter for CITN/Cayman27. Once an assistant to the Cayman Islands Premier Alden McLaughlin. Stood in the 2013 General Election for the Progressives. Lost….

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Christmas and New Year Message

by Minister for Finance and Economic Development, Hon. Marco Archer Hello, I am Marco Archer, Minister for Finance and Economic Development. I would like to wish you and your family a very Merry Christmas and a healthy and prosperous New…

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Cayman Islands economy grew by 3.0% in the first half of 2016

The Cayman Islands’ economy grew by an estimated 3.0% in the first six months of 2016, as the first quarter growth of 2.4% further strengthened to 3.2% in the second quarter. “I am pleased to note that growth in the…

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October 16th to 21st is Statistics Week in the Cayman Islands

In 1997, the United Nations Statistical Commission (UNSC) in its 29th session strongly recommended countries to celebrate statistics days or weeks, for the following key reasons: • To promote people’s awareness of statistics and their value, and encourage their support…

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The Editor Speaks: Stats show improvements but backbench MLA’s doubt

When there is an election on the horizon and the government of the day, hoping to be re-elected, produce good news, you are not to give them any congratulations. In fact you are going to cast as much doubt as…

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Economic growth strengthened in the Cayman Islands first quarter

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) is estimated to have grown by 2.4% in the first quarter of 2016. “The domestic economy continued to strengthen as GDP growth accelerated from the 1.4%…

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Cayman Islands economy sustained growth in 2015

The country’s estimated Gross Domestic Product (GDP) at constant prices rose by 2.0 percent in 2015. This was the highlight of The Cayman Islands’ Annual Economic Report 2015 released by the Economics and Statistics Office. “Despite challenges from the global…

2015 Statistics show improvement in Cayman Islands Education

Compendium of Statistics 2015 Shows Improvement in Education Statistics The annual Compendium of Statistics 2015 was released today by the Economics and Statistics Office. The Compendium is a comprehensive collection of statistics from various public and private sector data sources, covering…

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High credit ratings and stable outlook maintained for the Cayman Islands

Moody’s, the international credit rating agency, has maintained Cayman’s Aa3 rating for Government’s bonds issued in a foreign currency, and an Aa2 rating for long-term foreign currency ceiling bonds and notes. The Minister for Finance and Economic Development, Hon. Marco…