Gibson defiant about bribery-insinuations
PHILIPSBURG — The Central Bank of Curacao and St. Maarten (CBCS) and the ENNIA companies say that there are “indications of bribery” of former Minister of Finance Richard Gibson Sr. But Gibson states in a reaction that “it takes a very devious and warped mind to link the golden parachute payment I received in 2014 to my appointment as Minister More...
Supervisory directors have serious responsibilities
PHILIPSBURG — The fraud that has recently come to light at the harbor as well as at the airport begs the question what the role of the supervisory boards has been in these matters. Or rather: what their role More...
Rebellious casino-dealer gets royal compensation
PHILIPSBURG — A 59-year old casino-dealer with a rather checkered work-history gets more than 100,000 guilders gross from her now former employer as compensation for the termination of her labor contract, More...
Audit Chamber doubts whether lowering rental costs is feasible
PHILIPSBURG — “We question if the goals set forth in the country package are realistic,” the General Audit Chamber states in its audit on the possibilities of rent reduction for government. Prime Minister More...
Zebec claims over Dutch Village in courts now
~ Defense lawyers to present case September 6 ~ PHILIPSBURG -- Real estate developer Zebec was in court on Wednesday with its demand of $97 million in compensation from the Harbor Group of Companies and others More...
Theo Heyliger even deeper involved in Port activities (Part 2)
PHILIPSBURG — The involvement of former minister and former parliamentarian Theo Heyliger in the import of goods at the port goes even deeper than previously described in our article ‘How Heyliger delivered More...
How Heyliger delivered a near monopoly to Tropical Shipping (Part 1)
PHILIPSBURG — Accusations leveled against the business practices of Tropical Shipping under the whistleblower provision of the American Securities and Exchange Commission Act of 1934 strongly suggest the More...
New debate about double turnover tax on fuel prices
PHILIPSBURG — Eight years ago, financial expert Emilio Kalmera pointed out how the government abuses the turnover tax-system by applying this levy twice to the price of gasoline and diesel: once to the wholesale More...
Ministry of Finance and Islandpreneur partner to Accelerate Growth
~ Innovative and financially sound businesses is key to economic recovery and growth ~ GREAT BAY, St. Maarten — In the past five (5) years, St. Maarten has seen unprecedented challenges. From the devastation More...
Airport completes refinancing of 2012-loan
PHILIPSBURG — Princess Juliana International Airport (PJIAE) completed the refinancing of its 2012-loan with a celebration at the Mimosa Sky Lounge on Rhine Road. The airport secured a $90 million loan package More...
