Court rules against Maho’s request for tax-exemption
PHILIPSBURG — Sonesta Maho Beach Resort can forget about tax exemption for its investment of 59,148,000 guilders (a bit over $31.3 million) in the renovation of its resort after it was severely damaged bij Hurricane Irma in September 2017. It will only get this exemption for the expansion of its resort, an investment of 12,852,000 guilders (around More...
MP WESCOT SEEKS CLARITY ON THE ROAD NETWORK PROJECTS, PRIORITIES AND FUNDING
“The Road network of St. Maarten was subject of much debate during the handling of the amended budget 2024 in the Parliament”, MP Wescot stated in a recent letter to Min of VROMI, MR. P. Gumbs. Before minister More...
Government of Sint Maarten Signs Agreement to Launch Phase 2 of New Prison Project
PHILIPSBURG — On November 18, 2024, Minister of Justice Lyndon Lewis, representing the Government of St. Maarten, officially signed an agreement to initiate Phase 2 of the New Prison Project. This phase, More...
Nature Policy Plan implementation lags: Minister Doran admits lack of measures to halt unsustainable development
PHILIPSBURG — In a stark revelation, Minister of Public Housing, Spatial Planning, Environment, and Infrastructure, Egbert Doran, admitted on Wednesday that the St. Maarten government lacks sufficient measures More...
Controversy surrounds renovation of the Prince Bernhard Bridge
PHILIPSBURG — The Prince Bernhard Bridge – the connection between Bush Road and the A.Th. Illidge Road over the Fresh Pond – is once more the subject of a controversy. The Ministry of Public Housing, More...
Uruguay-based company wins bid for design of new prison
PHILIPSBURG — CSI Engineers from Uruguay has won the bid for the design of the new prison in St. Maarten, the Ministry of Justice announced in a press release. CSI, established in 1980, lists a global presence More...
Investment-levels lag behind Caribbean average
PHILIPSBURG — The International Monetary fund (IMF) observes in its 2022 Article IV Consultation that public investments levels in St. Maarten are too low compared to the Caribbean region. The average Caribbean More...
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...
Carbon’s duped clients to hold town hall meeting; seeking justice
A report from our Correspondent COLE BAY — Duped investors of Carbon Grove Residences in Cole Bay are planning a town hall meeting on Thursday, October 5, at a later to be disclosed location in Simpson Bay. More...
Mary’s Fancy-development on hold due to unfavorable conditions
PHILIPSBURG — General Pension Fund APS acquired Mary’s Fancy and the De Castro properties on L.B. Scott Road in 2014 for 4.4 million guilders ($2,458,000) with the intention to develop them for commercial More...
