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Divi demolition under way on Brac

If you have not travelled to the Brac in a while and are going there for Prince Charles's visit on Thursday,you may notice a marked change to the Divi Tiara Beach resort site.
Cayman Compass is the Cayman Islands' most trusted news website.We provide you with the latest breaking news from the Cayman Islands,as well as other parts of the Caribbean.

Company formation sector broke records last year

A record 16,326 companies formed in Cayman last year,contributing to the number of active companies reaching 107,309 – also a record – at year's end.

Foreign workers sent home record amount of cash in 2018

Foreign workers are sending more money back to their home countries than they have in at least the last 10 years.

Maritime routes near Cayman teeming with massive ships

In recent weeks,Cayman's territorial waters have been as busy as they have ever been for shipping megastructures,according to Cayman Brac volunteer search-and-rescue coordinator Raymond Scott,who has monitored the Cayman seas for the last four decades.

Commission: Despite promises,no update on anti-corruption law

At a January Public Accounts Committee hearing,Deputy Governor Franz Manderson and Cabinet Secretary Samuel Rose both promised that reintroducing the long-dormant Standards in Public Life Law is a priority for government.

Airport project will not be finished for opening ceremony

Government is holding an opening ceremony featuring Prince Charles next Wednesday for the redeveloped Owen Roberts International Airport terminal,but the project will not be finished by then.

Miller: Central Planning Authority should vote in public

Deliberations and votes by the Central Planning Authority should be held in public,Public Accounts Committee Chairman Ezzard Miller said at a meeting of his committee on Wednesday.

Planning director: CPA board interests will be public

In response to an audit report calling for more transparency,the Central Planning Authority is making public a registry of business,property,financial and other interests for its board members and employees.

Prince Charles and Camilla begin Caribbean tour

The Caribbean tour of Prince Charles and his wife Camilla,the Duchess of Cornwall,is under way,with the royal couple spending Tuesday on the beaches of Barbados on their way to Cayman next week.
Cayman Compass is the Cayman Islands' most trusted news website.We provide you with the latest breaking news from the Cayman Islands,as well as other parts of the Caribbean.

New report paints rosier picture of economy

Cayman's economy may be bigger than economists originally thought.

Cayman Water,OfReg still negotiating new licensing deal

Cayman Water has yet to reach an agreement with the Utilities Regulation and Competition Office to serve customers in the Seven Mile Beach and West Bay areas,according to the 2018 annual report from Cayman Water's parent company,Consolidated Water.

Dry weather boosts Consolidated Water's 2018 earnings

A relatively dry 2018 helped boost sales by Cayman's local water company,Consolidated Water.

Cayman to be featured in long-running TV fishing show

Cayman will be featured on CBS Sports,the Discovery Channel,and multiple other television channels during the first week of April,when the long-running television show "Jimmy Houston Outdoors" airs footage of its trip here last year.

Economy grew 3.6 percent in first three quarters of 2018

Cayman's economy grew at an annualized rate of 3.6 percent through the first nine months of 2018,and the annualized inflation rate decreased slightly to 3.8 percent,according to a report released this week by the Economics and Statistics Office.

Demolition of Divi Tiara planned

After being vacant for more than a decade,work will begin Monday to demolish the Divi Tiara Beach resort on Cayman Brac,according to Scott Development operations manager Mervyn Scott.

OfReg proposes rules to prevent anti-competitive behavior

The Utility Regulation and Competition Office,known as OfReg,has released a set of proposed rules designed to curtail price fixing,bid rigging,and other anti-competitive practices among the companies it regulates.

Republic Bank's offer for Cayman National stock closes

People who sold their shares in Cayman National Corporation the Republic Bank Trinidad and Tobago (Barbados) Ltd.can pick up their payments on Wednesday,March 13,some six months after the Republic Bank opened its offer.

Cayman raises flag for Commonwealth Day

Just before the clock struck 10 a.m.on Monday,Governor Martyn Roper raised the Commonwealth flag in front of the Government Administration Building as members of government and the public looked on.

Second Refuel gas station planned

After building a new gas station near the airport post office in 2017,Refuel founder Dow Travers is planning to build another,this one just south of The Ritz-Carlton hotel on West Bay Road.

Cayman National ex-president sues over termination

Ormond Williams is suing Cayman National Bank for wrongful termination after being ousted as the bank's president last November.