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, or maybe they did not but the result was that they did nothing at all with it. The Council’s advice to introduce dollarization also fell More...
ReyJets.com is spreading its wings with launch new website
PHILIPSBURG — Reyjets.com, a company of StMaartenNews.com publisher Terrance Rey, is spreading its wings by offering seamless transfers from St. Maarten to St. Barths from anywhere in the world. Terrance More...
St. Maarten insurance brokers honoured at awards ceremony
CAY HILL, St. Maarten – The Insurance of the West Indies (ICWI) Ltd hosted its first Annual Broker’s award ceremony on Friday, February 2, 2024, to celebrate excellence and recognize the outstanding 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...
Tourism Bureau inaugurates new office
PHILIPSBURG — The St. Maarten Tourism Bureau (STB) inaugurated its new office in the Convent Building on Front Street on Friday, December 1 under the watchful eye of government officials, tourism stakeholders More...
Culture at GEBE is unhealthy, Integrity Chamber says
PHILIPSBURG — The company culture at utilities company GEBE is unhealthy due to a lack of communication between management and employees, the Integrity Chamber concludes after investigation the situation More...
Heavy fine for Canadian businessman Di Palma
MARIGOT — The court in Marigot holds Canadian businessman Mario di Palma responsible for the bankruptcy of the French-side construction company Deldevert. The court sentenced him to a 6 months conditional More...
Investigative journalism consortium dives into the ENNIA-saga
PHILIPSBURG — The International Consortium of Investigative Journalists (ICIJ) has published an article about the dispute between ENNIA’s majority shareholder Hushang Ansary and the Central Bank of Curacao More...
Court rules: No bank account for Oduber’s company BCY Entertainment
ORANJESTAD — Arubabank is entitled to refuse opening a bank account for BCY Entertainment, a company of former Minister of Urban Planning, Infrastructure and Environment Otmar Oduber, the court of appeals More...