Cash at home? The tax inspectorate wants to know
THE HAGUE — The Dutch desire to regulate everything becomes once more apparent from rules that apply to the amount of money citizens are allowed to have at home. The situation in St. Maarten is a lot more relaxed. There is some good news though: currently there is no limit to the amount of money Dutch citizens can keep at home. And here is the More...
Bank says farewell with USD$25000 gift to marine project
Willemstad, Curaçao, July 15, 2024 – As CIBC Caribbean, trading as FirstCaribbean in the Dutch Caribbean, completed the transfer of its assets to Orco Bank N.V last month, the bank made a parting gift of USD$25000 More...
Central Bank says it has become pro-active after Girobank disaster
PHILIPSBURG — The Central Bank of Curacao and St. Maarten (CBCS) has learned some valuable lessons from the downfall of the Girobank and from the report Deloitte Netherlands produced about this situation. In More...
Court appoints appraiser to determine fair value of Mullet Bay
PHILIPSBURG -- The Common Court of Justice will appoint Greg Becker of the Canadian real estate management company Colliers as appraiser for providing an advice about the fair value of Mullet Bay. Collier was established More...
What’s happening with Republic Bank Anguilla and their affiliates around the Caribbean? Are you a victim?
From our Correspondent ANGUILLA — A wave of frustration and anger have swept through Anguilla as about 200 residents joined forces in a peaceful protest outside the premises of Republic Bank (Anguilla) Limited, More...
Uncertainty looms for St. Maarten Revolut users
PHILIPSBURG — Former Member of Parliament Rolando Brison’s recent intervention regarding the availability of digital banking services in St. Maarten has sparked considerable debate, especially as local More...
Will St. Maarten finally leave the monetary union?
PHILIPSBURG — The Social Economic Council advised the government more than ten years ago, in February 2013 to leave the monetary union with Curacao as soon as possible. Politicians may have read the advice, More...
Imports affect impact of international tourism
PHILIPSBURG — Every dollar earned from international tourism induces almost 62 dollar cents in additional imports. This appears from research conducted by Dr. Shekinah Dare and Christopher Rigaud. The researchers More...
Central Bank launches Caribbean guilder in March 2025
PHILIPSBURG — The Caribbean Guilder will replace the Antillean Guilder per March 31, 2025, the Central Bank of Curacao and St. Maarten announced in a press release. Initially, the bank’s 2022 annual financial More...
Central Bank reaches agreement to protect Ennia pensions
PHILIPSBURG — The Central Bank of Curacao and St. Maarten (CBCS) has reached an agreement with the governments of Curacao and St. Maarten whereby there is no need for cuts in the pensions of Ennia policy More...
