SOL Petroleum sends home Regional Manager
CAY BAY — The Regional Manager of SOL Petroleum David Antrobus was asked to go into retirement as of April 1, 2020, following the huge drop in oil prices in Russia and Saudi Arabia. Since the Covid-19 pandemic has taken over the world, oil prices dropped so low that the oil producing countries are now selling fuel at minus $0.59 per gallon. Antrobus More...
Payroll support is not for everyone; a deadline set for April 22
PHILIPSBURG – The specifics of the payroll support the government will extend to the private sector will throw many a company into a tailspin. There is a list of fourteen categories of companies that are excluded More...
How to get payroll assistance and soft loans
PHILIPSBURG – Companies that need help due to the effect of the corona-virus crisis can get several forms of assistance if the Netherlands honors the requests set forth in the ministry of finance’s Stimulus More...
Prime Minister Jacobs: “Shops will reopen on Thursday”
PHILIPSBURG — As of Thursday April 16th, Government will allow more residents to access grocery stores and supermarkets within their neighborhoods. Prime Minister Silveria Jacobs (NA) announced the easing More...
SHTA calls for solidarity as time runs out for many
PHILIPSBURG — As per the Kingdom Council outcomes of Thursday April 9th, it is very clear that country St. Maarten needs to take its first steps out of the crisis before help from the Netherlands will be forthcoming. More...
Food suppliers allowed to do deliveries
~ Covid-19 Update – St. Maarten ~ PHILIPSBURG — All food suppliers are allowed to make deliveries on both sides of the the island (Dutch and French sides) as of tomorrow, Tuesday, April 7, to clients, More...
Pandemic drives up food prices
PHILIPSBURG – Price increases in supermarkets trigger a storm of complaints on social media. Food shoppers post pictures of items that cost a lot less two weeks ago than they do now. “They are killing More...
The Golden Guilder
On St. Maarten, banks and the government are advising the general population to use guilders as much as possible, as a way to save dollars. I agree wholeheartedly with this advice. Here is why. When the dollars More...
IMA fears economic doom with mass closures and layoffs
~ Economic Doom, Mass Closures and Layoffs on the Horizon for Sint Maarten. ~ PHILIPSBURG — In reference to the proposed draft Stimulus Plan, which was made public, the Indian Merchants Association (IMA), More...
Business survey paints dark scenario
PHILIPSBURG – Within three to six months 45 percent of workers currently employed in the private sector will lose their jobs. This appears from a survey among 580 businesses by the St. Maarten Hospitality and More...
