Central Bank shoots down Parman’s objections against the sale of Banco di Caribe
WILLEMSTAD — Ennia Caribe Holding (ECH) is not authorized to sell Banco di Caribe (BdC), its shareholder Parman International said in a press release, but this claim was quickly neutralized by the Central Bank of Curacao and St. Maarten (CBCS). Parman, whose main shareholder is the 94-year old Iranian-American business tycoon Hushang Ansary, More...
Prime Minister applauds Qredits for Small Busines Academy initiative
PHILIPSBURG — “Women are taking the lead and not sitting back and waiting for things being done for them,” said Prime Minister Silveria Jacobs during the opening of the sessions for young entrepreneurs More...
Online sales-tax: a fata morgana
By Hilbert Haar The idea to introduce a 7.5 percent tax on online purchases has triggered many questions. According to Minister Ardwell Irion (Finance) such a tax would “level the playing field” and encourage More...
United Group buys Banco di Caribe
PHILIPSBURG — Banco di Caribe has been sold to the Curacao-based United Group Holdings for an undisclosed amount of cash, the Central Bank of Curacao and St. Maarten (CBCS) announced in a press release. The More...
GEBE’s supervisory directors contest Daniel-appointment in court – again
PHILIPSBURG -- The Court in First Instance declared utilities company GEBE on Friday inadmissible in a lawsuit that aimed to force its sole shareholder - Country St. Maarten - to suspend the appointment of Sharine More...
Qredits clean up 911 project
DUTCH QUARTER — Representatives of the Qredits organization and several volunteers braved the 90-plus degree weather in an effort to help clean up the Dutch Quarter district. The Qredits organization focused More...
Chamber of Commerce wants to dissolve more than 500 companies
PHILIPSBURG — The Chamber of Commerce has announced its proposal to dissolve more than 500 businesses and thereby taking them off their registry. The complete list of affected businesses has been published More...
St. Maarten shows strong growth in stay-over arrivals
PHILIPSBURG — The COVID-19 pandemic has brought the tourism industry to its knees, but the latest numbers issued by the Caribbean Tourism Organization (CTO) show that St. Maarten is getting out of this slump More...
Winair: tough old bird hell-bent on beating another crisis
PHILIPSBURG — To describe Winair as a tough old bird may sound a bit disrespectful but there is no question that the company is tough as nails. Faced with the umpteenth crisis in its now 60-year existence, More...
Roger Lawrence sworn in as Minister of Tourism, Economic Affairs, Traffic and Telecommunication
PHILIPSBURG — Today, Thursday, August 26, 2021, former Senior Manager of Port St. Maarten Roger Lawrence was ceremoniously sworn in as Minister of Tourism, Economic Affairs, Traffic and Telecommunication More...
