Mullet Bay sale intended to cover Sun Resorts-debts

PHILIPSBURG — The intention to sell a small part of Mullet Bay aims to cover “huge debts” at its formal owner Sun Resorts, Minister of Finance Ardwell Irion said at Wednesday’s press briefing. Irion said that the proceeds of the sale are earmarked for funding the operations of Sun Resorts on Mullet Bay. The Sun Resorts-debts are due to More...

by The Publisher | Published 2 months ago
By The Publisher On Wednesday, October 18th, 2023

Small part of Mullet Bay up for sale

  PHILIPSBURG -- The Central Bank of Curacao and St. Maarten (CBCS) has put up 11,000 square meters of Mullet Bay for sale.  This appears from an ad published in the Antilliaans Dagblad on October 16. The parcel More...

By The Publisher On Friday, October 13th, 2023

Risk Auditor Jandroep: Why financial entities reject business plans

An everlasting phenomenon is that new entrepreneurs are confronted with the bottlenecks of finance assistance. A business plan is required to illustrate the idea, and the envisioned financial benefits of the new More...

By The Publisher On Wednesday, October 11th, 2023

Real estate agents advertised Carbon Grove despite warning signals

A report from our Correspondent PHILIPSBURG — Long after problems started piling up for Carbon Acquisition Group (CAG) doing business as Melbon Enterprises NV, and media reports surfaced about the Court ruling More...

By The Publisher On Wednesday, October 11th, 2023

Central Bank to discuss details of Ennia-solution

PHILIPSBURG — The solution Curacao’s Prime Minister Gilmar Pisas has presented for embattled insurance company Ennia is not an entirely done deal yet, it appears from a press release issued by the Central More...

By The Publisher On Sunday, October 8th, 2023

CIBC FirstCaribbean criticized for inadequate supervision of Carbon Grove project

A report from our Correspondent PHILIPSBURG -- CIBC FirstCaribbean International Bank advertised itself as the financier of Carbon Grove residences in Cole Bay. That gave them confidence in the project, said clients More...

By The Publisher On Wednesday, October 4th, 2023

Luciano Homemade Gelato: A Taste of The Netherlands in St. Maarten

PHILIPSBURG — Luciano Homemade Gelato, a renowned name with 15 locations in the Netherlands and 2 in Bonaire, has recently opened a new shop in Philipsburg, St. Maarten. The opening took place on Saturday, More...

By The Publisher On Monday, October 2nd, 2023

Anti-counterfeit conference at Simpson Bay Resort

PHILIPSBURG — The second annual anti-counterfeit and intellectual property protection conference will take place on October 19 and 20 at the Simpson Bay Resort the Ministry of Justice announced in a press More...

By The Publisher On Thursday, September 28th, 2023

Pension fund APS is not doing well

PHILIPSBURG — General Pension Fund APS is not doing well, it appears from a compliance audit into the fund’s financial statements 2022 conducted by the General Audit Chamber. APS’ coverage ratio dipped More...

By The Publisher On Wednesday, September 20th, 2023

Enterprise Support Program extended until 2028

PHILIPSBURG — The Enterprise Support Project (ESP) will remain in place until June 2028, the National Recovery Project Bureau (NRPB) announced in a press release. Micro, small and medium enterprises can More...