Page 5 - Wayne Panton News Today

(CNS): A proposal to allow people to use their pensions to pay down mortgages or for a deposit to buy their first property is justified because of the poor performance of private pension funds that non-government workers are forced to pay into each month, Chris Saunders MP said in parliament last Friday. Despite some reservations,…

Financial Services Minister Andre Ebanks and Anti-Money Laundering Unit Director Francis Arana at the FATF plenary in Paris (file photo) (CNS): Minister André Ebanks departed for Europe this weekend, heading a local delegation in the battle to finally get the Cayman Islands removed from the FATF grey list at a meeting in Paris next week.…

McKeeva Bush in parliament (CNS): Government will continue to press local banks to reduce interest rates, and it has accepted a motion by McKeeva Bush MP (WBW) to look at creating a local interest rate-setting body and allow the government-funded Cayman Islands Development Bank to accept deposits. But the local retail banks have defended their…

The Ministry of PAHI Parliamentary Secretary Hon. Isaac Rankine, recently joined seven Caymanian families to celebrate the purchase of homes in the East End Hei

Premier Wayne Panton presiding over Finance Committee on Wednesday (CNS): Planning Minister Jay Ebanks pointed the finger at the Department of Environment on Wednesday, maintaining that environmental input was delaying planning applications, though he offered no evidence to support the accusation. That same day, several MPs once again indirectly railed against the National Conservation Law…

House in Newlands demolished by explosion (photo from social media) (CNS) UPDATED: Police have now confirmed that three of the people injured in the house explosion in Newlands around 1:00pm on Monday have been treated and released from the hospital, but one person who was seriously injured remains in critical care. Emergency services and other…

George Town landfill (photo by Protect Our Future) (CNS): Almost four years since the previous administration formed a committee to look at a ban on single-use plastic in the Cayman Islands, a proposal is finally going to Cabinet that could put an end to the importation of eight plastic items. Premier Wayne Panton revealed the…

Premier Wayne Panton and Sophie Howe (CNS): As Cayman battles to reflect the PACT Government's sustainability policy beyond sustaining profit and prosperity, the premier's ministry invited Wales' former commissioner for future generations to Cayman this week to share how the small UK country became the first to pass legislation that forces its government to consider…

(CNS): Climate change is not a distant projection but an ongoing reality that is affecting many aspects of our lives, and as hurricane season opened on Thursday, Premier Wayne Panton urged people to be vigilant and prepared, given the potential for much more intense storms. Scientific projections suggest that strong hurricanes will become more commonplace…

2 posts published by Cayman News on June 2, 2023