London Daily

Focus on the big picture.
Friday, Jun 20, 2025

Multi-million dollar plan for small businesses, no new COVID cases

Multi-million dollar plan for small businesses, no new COVID cases

Government revealed details of a $14.5 million life support plan for small and micro businesses Monday as the coronavirus crisis continued to take its toll on the islands.

Though there were no new local test results to announce, the news that British Prime Minister Boris Johnson had been taken into intensive care, suffering from the impacts of COVID-19, prompted fresh warnings about the potential seriousness of the virus.

In Cayman, the number of positive cases sits at 39, with two people currently in hospital suffering symptoms.

The closure of the borders and a series of curfew measures to keep people safe have also meant hard times for businesses.

Commerce Minister Joey Hew announced what was described as the “first tranche” of government’s economic recovery plan.

That includes a $5 million ‘soft loan’ programme aimed at small and micro businesses. Small businesses, employing up to 12 people, can apply for loans of up to $50,000 and micro businesses, employing fewer than five people, can apply for loans up to $20,000.

The loans, which will require no repayment on principal or interest within the first six months, will be administered through the Cayman Islands Development Bank.

Government is also planning a $9 million grant programme for up to 3,000 small and micro businesses to help them survive the loss of revenue due to the coronavirus crisis.

Hew said this would provide up to $1,000 monthly to selected businesses to help with cashflow for up to three months. Those grants will be targeted at businesses which are deemed to have the ability to survive the COVID crisis with government’s help.

Tourism-dependent businesses that can show a plan to transition to work in the domestic economy, will also be eligible for grant funding.

Hew said the reopening of the islands to visitors was “too far down the road” and it did not make sense to put funds into businesses that were 100% dependent on tourism.

“A key part of this is that if you are a tourism-related business, you have to be able to convert your business into one that can survive in the local economy,” he said, adding those companies would get help and support to do that.

A $500,000 training and support programme is also being put in place to provide technical support to those businesses, Hew said.

The minister said further measures for larger businesses were still being worked out but government would be providing help to prepare the island for the “post-COVID economy”.


BA flight overnights in Cayman


Governor Martyn Roper also confirmed that the British Airways flight would arrive from London via Bermuda this evening and overnight in Cayman.

He said the flight crew would be carefully “risk managed” in line with the “regulations and protocols” in place.

More than 100 Bermudians will be repatriated to that Atlantic island before the flight arrives here. No one will be boarding the flight in Bermuda.

The flight will return to London, via the Bahamas, on Tuesday morning. More British residents will be collected in Nassau.

Premier Alden McLaughlin said discussions were ongoing to get a flight out to the US, to allow Caymanians to return from that country and for island residents who had lost jobs to return to their homes.


Two coronavirus patients in hospital


Two people who have tested positive for COVID-19 are currently in hospital, Chief Medical Officer Dr. John Lee confirmed Monday.

There were no new results to announce, but the doctor did give an update on the health of the existing coronavirus patients, saying two were in hospital.

He said there was plenty of capacity at the Cayman Islands Hospital after they had cancelled all elective surgeries to create space.

Lee clarified that there 17 people had been tested on Cayman Brac, with still just the one positive result, which was announced Saturday.

He said the contacts of that person had all been reached and put in isolation.

Lee added that 43 students who returned from overseas two weeks ago and who had been staying in isolation in empty hotels had tested negative for the coronavirus and been released to return to their families.

The premier also highlighted progress with government support for people who had lost income because of the coronavirus. He said the Needs Assessment Unit was supporting 1,651 families, with 136 applications being processed.

Expats who are struggling and can’t get off the island can email covidsupport@gov.ky.


On-spot ticketing starts later this week


Police Commissioner Derek Byrne said 14 people had been found to be in breach of soft curfew Monday, mainly people shopping outside of their allotted days.

He said a new system allowing police to issue on-the-spot fines was not up and running yet and tickets would be printed today [Monday]. He said, for now, curfew breakers were being warned for prosecution.

The Cayman Islands is operating under a fluctuating soft and hard curfew to contain the spread of the virus. The hard curfew, now in place from 7pm to 5am and all day Sunday, limits movement to essential workers only.

The soft curfew restricts movement during the daylight hours while allowing people limited freedom to visit the supermarket or pharmacy or to exercise.

As of this week, further limits are in place. Anyone with the surname beginning A-K is only allowed to go to the supermarket, bank or gas station on Mondays, Wednesdays and Fridays.

The L-Z group is able to do the same on Tuesdays, Thursdays and Saturdays.

Exceptions are made for 90 minutes of exercise, which is still allowed every day except Sunday, as well as for trips to the pharmacy or medical facility.

Police will have the power from Tuesday to issue on-the-spot tickets for breaches of the soft curfew. Penalties range from $250 for failing to maintain six-feet social distance in a public space, to $500 for supermarket shopping outside of people’s allotted day, and up to $750 for opening a business without exemption.

Newsletter

Related Articles

0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
UK Home Secretary Apologizes Over Child Grooming Failures
Trump Organization Launches 5G Mobile Network and Golden Handset
Towcester Hosts 2025 English Greyhound Derby Amid Industry Scrutiny
Gary Oldman and David Beckham Knighted in King's Birthday Honours
Over 30,000 Lightning Strikes Recorded Across UK During Overnight Storms
Princess of Wales Returns to Public Duties at Trooping the Colour
Red Arrows Use Sustainable Fuel in Historic Trooping the Colour Flypast
Former Welsh First Minister Addresses Unionist Concerns Over Irish Language
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
France Bars Israeli Arms Companies from Paris Defense Expo
King Charles Leads Tribute to Air India Crash Victims at Trooping the Colour
Jack Pitchford Embarks on 200-Mile Walk to Support Stem Cell Charity
Surrey Hikers Take on Challenge of Climbing 11 Peaks in a Single Day
UK Deploys RAF Jets to Middle East Amid Israel-Iran Tensions
Two Skydivers Die in 'Tragic Accident' at Devon Airfield
Sainsbury's and Morrisons Accused of Displaying Prohibited Tobacco Ads
UK Launches National Inquiry into Grooming Gangs
Families Seek Closure After Air India Crash
Gold Emerges as Global Safe Haven Amid Uncertainty
Trump Reports $57 Million Earnings from Crypto Venture
Trump's Military Parade Sparks Concerns Over Authoritarianism
Nationwide 'No Kings' Protests Challenge Trump's Leadership
UK Deploys Jets to Middle East Amid Rising Tensions
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
Germany Holds First Veterans Celebration Since WWII
U.S. Health Secretary Dismisses CDC Vaccine Advisory Committee
Minnesota Lawmaker Melissa Hortman and Husband Killed in Targeted Attack; Senator John Hoffman and Wife Injured
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
×