Why should the Sint Maarten and Curaçao people CARE about and pay CLOSE(R) attention to the Ennia Saga?
Dear Editor, Firstly, it’s important to note that the underlying management, supervision, and governance issues are not unique to ENNIA. Curaçao is in dire need of a public financial injection for the Curacao More...
Saleh’s function as Minister of State under pressure
WILLEMSTAD — Almost twenty years after he became Minister of State for the Netherlands Antilles, Jaime Saleh is under threat to lose this honorary title. Prime-Minister Gilmar Pisas gave the 82-year old former More...
Economic recovery is above expectations, CFT says
PHILIPSBURG — St. Maarten performed better than expected in the first half year of 2023, financial supervisor CFT writes in a reaction to the country’s second execution report it received on August 30. More...
TelEm loses appeal against Israeli telecom giant
PHILIPSBURG — Telecom operator TelEm has lost its appeal against a decision that orders the company to pay MER St. Maarten BV, a subsidiary of the Israeli MER Group $561.905 and – after the presentation More...
Wishful thinking
By Hilbert Haar The prime minister listening to his own fairy tale. That is how comedian Wim Kan once described the traditional speech by the Dutch Queen (at the time) during the opening of the Dutch parliamentary More...
St. Maarten faces significant challenges, Governor Baly says
PHILIPSBURG — “Sint Maarten still faces significant challenges. It is vulnerable to external shocks like natural disasters and to a global economic downturn,” Governor Ajamu Baly said in his speech during More...
Curacao’s position on Ennia could cost St. Maarten a lot of money
THE HAGUE — If Curacao continues to object to the rescue plan for Ennia’s pension fund it could have dire consequences for St. Maarten, DossierKoninkrijksrelaties.nl reports. If Curacao does not cooperate, More...
Appeals court holds Ansary liable for Ennia debacle
WILLEMSTAD — The Common Court of Justice ruled on Tuesday that insurance company Ennia is entitled to at least 153.8 million guilders ($85.9 million) in damages, caused by its major shareholder Hushang Ansary More...
Pro Soualiga: Dutch State Offside on Three Fronts with Ennia Ordeal
Dear Editor, In June of 2023, State Secretary Van Huffelen stated that the Governments of Curacao and St. Maarten would have to find solutions to salvage Ennia. Shortly thereafter, Pro Soualiga kindly requested More...
Rethinking the ENNIA Bailout: Say NO to the Loan
I firmly believe that when it comes to the bailout of ENNIA by the Dutch government, the involvement of St. Maarten and Curacao should not be a part of the equation. The responsibility for overseeing and supervising More...
