Most Read Contributor in Cayman Islands, September 2016
University students from the 'Hoosier State' –
Indiana – recently got a closer look at the Cayman
Five students from Anderson University were in Cayman the week
of 5 January, visiting businesses and meeting with public and
private sector agencies. The visit was facilitated by Suahil
Housholder, née Scott, a Caymanian currently employed at the
Indiana institution while also completing a master's
Mrs Housholder said the trip provided insight into local
'Our objective on island was to explore and experience
Caymanian culture and gain an understanding of business
environments, and typical business methods and practices', Mrs
Housholder said. 'The overall impression of Cayman's
business environment is that it is sound and sophisticated, yet
easy to understand and manoeuvre.
'We learned that what makes Cayman an excellent investment
centre is its excellence in financial and legal services; sound
financial monetary strength, including its fixed currency exchange
with the US dollar; its tax-neutral structure; ease of travel, with
close proximity to the US; and the Island's time zone, modern
infrastructure and development, reliability of electricity and
Joining Mrs Housholder were Anna Ferguson, Brenda Hammons, Zack
Hufferd and Austin Young. All are studying in the Falls School of
The students visited the Department of Commerce and Investment
(DCI), Cayman Islands Monetary Authority (CIMA) and the Cayman
Islands Chamber of Commerce.
DCI Director Ryan Rajkumarsingh explained during his
presentation that 'Cayman competes with the world for
investments, along with other Caribbean countries. We try to create
an environment that encourages and supports investors and we have
won awards for doing so'.
CIMA Deputy Head of Policy and Development Judiann Myles told
the students in her presentation that CIMA's functions included
'issuing currency, regulating the financial services industry,
assisting overseas authorities and advising local
In the private sector, the group toured Cayman National Bank,
Caribbean Utilities Company, The Ritz-Carlton and Dart Enterprises.
The students also squeezed in a media appearance on Radio Cayman
and a stop at Mrs Housholder's alma mater, Triple C School.
'We visited Triple C School because of Anderson
University's rich tradition and ties to the school,' Mrs
Housholder said. 'It was a pleasure to return, and share my
story and journey to Anderson University, with the current junior
and senior class.
'Our team's impression of Cayman's people is that
they are friendly and welcoming; they particularly were impressed
by the willingness to share information. Our students left
enamoured with the Cayman Islands. And I left proud to share our
beautiful Island and people.'
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