AGP Executive Report
Last update: 3 hours agoTax and Transparency: The Cayman Islands ranked second behind the BVI in the Tax Justice Network’s corporate tax haven index. The group says the ranking measures how easily companies can shift profits; it is not proof of illegal activity. Utilities: Caribbean Utilities Company reported strong third-quarter 2026 performance and highlighted fuel-efficiency improvements and long-term investment. Tourism: Visitor numbers continued to grow in the low season, while the new Grand Hyatt on Seven Mile Beach adds a major resort to Grand Cayman’s offering. Financial Services: AurenixAI secured a Cayman private fund licence for its AI-driven investment business, adding to the jurisdiction’s financial-services activity. Employment: Minister Michael Myles says employers’ claims that Caymanian applicants are “over-qualified” are unacceptable, as officials push businesses to hire locally before seeking work permits.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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