CBCS Annual Report review: Curaçao and Sint Maarten economies contract (Part 2)

CBCS Central Bank Head Offce in St. Maarten

Circumstances challenging in 2018 WILLEMSTAD/PHILIPSBURG – “The economic circumstances in the monetary union remained challenging in 2018 with both Curaçao and Sint Maarten recording a contraction,” Centrale Bank van Curaçao en Sint Maarten (CBCS) acting president Bob Traa stated in the central bank’s 2018 annual report. “Curaçao’s real More...

by The Publisher | Published 2 months ago
CBCS SXM building name
By The Publisher On Wednesday, August 28th, 2019
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CBCS Annual Report review: Central Bank on balanced budget rule (Part 1)

Consolidation is crucial at a calibrated pace WILLEMSTAD/PHILIPSBURG – Acting president of the Centrale Bank van Curaçao en Sint Maarten Bob Traa stated in the Bank’s 2018 Annual Report that one of the challenges More...

Bob Traa avatar pic
By The Publisher On Wednesday, August 21st, 2019
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CBCS Traa during VBC luncheon: Supply side of the economy requires more attention

WILLEMSTAD — During a luncheon of the Curaçao Business Association (“Vereniging Bedrijfsleven Curaçao”), Mr. Bob Traa, acting president of the Centrale Bank van Curaçao en Sint Maarten (CBCS), sparked More...

CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Saturday, June 15th, 2019
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Bob Traa appointed Central Bank president

WILLEMSTAD/PHILIPSBURG — Effective June 13, 2019, Bob Traa has been temporarily appointed by the Supervisory Board (SB) of the Central Bank of Curaçao and St. Maarten (CBCS) as President of the CBCS in anticipation More...

CBCS PSA insurance coverage
By The Publisher On Tuesday, April 23rd, 2019
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Public Service Announcement CBCS

Public Service Announcement provided by the Central Bank of Curacao & St. Maarten. If you have renovated or purchased big-ticket items for your home, then you need to get an appraisal and adjust your insurance More...

CIBC FirstCaribbean's First in Business Seminar at Belair Community Center March 14th 2019 - - - Richard Hazel Photo
By The Publisher On Friday, March 22nd, 2019
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How entrepreneurs responded to CIBC FirstCaribbean’s First in Business Seminar

BELAIR — CIBC FirstCaribbean recently held it First in Business Seminar at Belair Community Center on Thursday, March 14th, 2019. According to Garth Sherwood, Country Manager CIBC FirstCaribbean, the aim More...

Robbie's Lottery Head Office St. Maarten
By The Publisher On Wednesday, March 20th, 2019
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Banks kick lottery companies out

PHILIPSBURG — The Windward Islands Bank (WIB) in St. Maarten and Maduro & Curiel’s Bank (MCB) in Curacao do not have to maintain their banking relationships any longer with Robbie’s Lottery and five More...

CIBC FirstCaribbean's First in Business Seminar at Belair Community Center March 14th 2019 - - - Richard Hazel Photo
By The Publisher On Saturday, March 16th, 2019
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CIBC FirstCaribbean’s First in Business Seminar a Success

~ Provides MSME Community with Solid Network and Information ~ Philipsburg, St. Maarten, March 15th, 2019 – “The Micro, Small and Medium Enterprises (MSME) sector is one of the primary drivers of economic growth More...

SZV-building
By The Publisher On Wednesday, March 13th, 2019
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SZV victim of sophisticated phishing scam

PHILIPSBURG, Sint Maarten (Tuesday March 12th, 2019) — Social & Health Insurances SZV has recently been targeted by a seemingly international phishing scam. As a good corporate citizen, SZV takes this opportunity More...

Public Prosecutor's Office entrance
By The Publisher On Saturday, March 9th, 2019
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Anti-corruption task force investigates all suspicious financial transactions

PHILIPSBURG — The Public Prosecutor’s Office has serious concerns about the financial investigative capacity of the police force. Answering questions from stmaartennews.com, the prosecutor’s office said More...