Central Bank considers selling Banco di Caribe
WILLEMSTAD — The Central Bank of Curacao and St. Maarten considers putting the shares of Banco di Caribe up for sale in an effort to generate revenue for the restructuring of insurance company Ennia. The potential sale has been approved by the court in Curacao, the Antilliaans Dagblad reports. The bank employs 250 people at its headquarters in More...
NAGICO urges preparation as NOAA warns of active hurricane season
PHILIPSBURG — The Atlantic Hurricane Season starts June 1st and NAGICO Insurances is urging everyone to get ready for what has already been forecasted by NOAA’s Climate Prediction Center (CPC), to be ‘a More...
Independence NO, Renegotiate COHO YES
WILLEMSTAD -- If anyone could have predicted that MFK would capture 9 seats in the Curacao elections, the party would have had 11 seats for sure. MFK leader Gilmar 'Pik' Pisas himself was adamant that his More...
Large part of Girobank NV’s customers credit balances will soon be available
Willemstad/Philipsburg – On December 10, 2019, a moratorium was set at Girobank N.V. (Girobank), freezing all credit balances in excess of NAf 10,000 on Girobank’s current and/or savings accounts. A large part More...
Jamaloodin gets on appeal 30 years for ordering Wiels-liquidation
WILLEMSTAD – The Common Court of Justice sentenced former Minister of Finance George Jamaloodin on Friday on appeal to 30 years of imprisonment. The court found the defendant guilty of ordering the assassination More...
Developing the Caribbean from within – part two
by Cdr. Bud Slabbaert In a previous essay, the “Development from within the Caribbean” was suggested. Up to five territories could be the Founders of such an initiative. Which territories is the first question More...
Developing the Caribbean from within
by Cdr. Bud Slabbaert Economic recession, pandemic, and potential natural disasters may lead to gloom, despair, agony, deep dark depression and excessive misery. When it sounds like a hammer and feels like a hammer, More...
Explosion of corona-infections: Curacao and The Bahamas take action
PHILIPSBURG – Despite the official figures published, the latest reports indicate that there are now 35 active corona-infections on St. Maarten – and the number keeps trending upwards. Epidemiologist Izzy Gerstenbluth More...
Banking with NIBanc comes to an end
PHILIPSBURG – The owner of NIBanc, Hushang Ansary, has requested the Central Bank of Curaçao and St. Maarten to withdraw the banking license. After thirty years, the curtain falls on the investment bank More...
St. Barths wants to reopen for international tourism
PHILIPSBURG – Unlike St. Maarten, the island of St. Barth’s has all its ducks in a row for reopening to tourism. But regulations put in place by the French government frustrate these efforts. Collectivité More...
