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Issue No. 783 Monday, 14 February 2005

Business Monday

Eurocar brings Renault to Cayman

Although Wayne DaCosta had planned to open Cayman’s first ever Renault Dealership in October 2004, Ivan put something of a spanner in the works.  Mr DaCosta began planning to bring Renault to Cayman last February after the business opportunity presented itself. Having just completed a project and with Cable and Wireless, his employer for more than 26 years, Mr DaCosta was hankering after a change of career...  read more...


Temporary permits double post-Ivan

As of 31 January, there were 7,289 temporary work permit holders, more than double the pre-Ivan figure of 3,415 temporary work permit holders.  By comparison annual permit holders decreased by nine percent from 15,287 on 11 September to 12,852 as of 31 January... read more...


Real life run for Deloitte’s disaster recovery center

As the new location for Deloitte Disaster Recovery Centre, the Citrus Grove Building provided a hurricane shelter for 120 of Deloitte’s staff and their families.  “It was a surreal experience, because we were cushioned from the event given the structure of the building,” said Mike Edge, Deloitte Manager of Enterprise Risk Services.  “We could look out and see the trees bending outside, but we couldn’t hear the howling."... read more...


Labour force survey shows impact post-Ivan

The Labour Force Survey conducted in November 2004 has shown that Hurricane Ivan caused an overall significant decrease in the Islands’ population but it has also revealed that the storm’s impact on Grand Cayman’s workforce was not as great as could have been expected.  The survey was based on a smaller than usual sample size and was restricted to Grand Cayman...  read more...


Pines Retirement Home gets US$1m

Many people suffered the wrath of Ivan but residents of The Pines had more than their fair share of loss as a result of the hurricane’s impact. Many local organisations, services, charities and local business have raised funds and made donations in the last few months and now, Maples Foundation, the charitable organization established by Maples and Calder has given the Pines a US$1m donation... read more... 


Entrepreneur of the week - Joanne Carol Caputo

A gift of candy making books and a five-pound block of caramel from a friend when she was 16 years old set Joanne Caputo’s life on a path, to fulfill a dream of owning a chocolate shop.  “I can remember as far back as in school, I was showing my books around and fellow students placed orders for me to make little bunnies, hearts and egg-shaped chocolates,” Ms Caputo revealed... read more...


OTHER NEWS


EDITORIAL


BUSINESS COMMENTARY


DOING BUSINESS LUNCH