Consumer organizations on St. Maarten give opinions on role Central Bank
PHILIPSBURG — Yesterday we published the announcement from the Central Bank of Curacao and St. Maarten (CBCS) that on March 28, 2018, the National Ordinance Actualization and Harmonization Supervision Ordinances Centrale Bank van Curaçao en Sint Maarten (A.B. 2018, no. 5) came into effect on St. Maarten with the aim to strengthen the Central More...
Dept. of STAT happy with results of Economic Census Survey results so far
GREAT BAY — Sint Maarten (DCOMM) — The Department of Statistics (STAT) from the Ministry of Tourism, Economic Affairs, Traffic & Telecommunications, embarked upon an Economic Census Survey (ECS) More...
APS hosts Round Table Discussion to launch the Sint Maarten Investment Bank
PHILIPSBURG — Algemeen Pensioenfonds Sint Maarten (APS) has identified a need for Sint Maarten’s own Investment Bank (SMIB). On Friday June 8, 2018, APS hosted a Round Table Discussion on the topic, assisted More...
Industry “thrilled” about health-tax on tobacco products, Minister Lee says
PHILIPSBURG – Minister Emil Lee (Public Health) is currently discussing options to protect local tobacco product distributors against parallel import by registering the labels of their products. At the same time, More...
Economic losses from Hurricane Irma exceed $2 billion
PHILIPSBURG – Parliament will begin on Tuesday morning with the second day of deliberations about the 2018 budget. President of Parliament MP Sarah Wescot-Williams was re-elected to her function on Monday More...
Labor dispute advice: mediation, dialogue, compromise
PHILIPSBURG – Between November and February, 114 people applied for legal aid to the Ministry of Public Health, Social Development and Labor. Among them were the nine employees of the airport who were dismissed More...
Minister Lee: “Signs of economic recovery”
PHILIPSBURG – “We are starting to see signs of economic recovery and some jobs coming back to the community,” Minister Emil Lee (Public Health, Social Development and Labor) said at Wednesday’s Council More...
Post-Irma financial predicament
By Hilbert Haar The St. Maarten Hospitality and Trade Association has put its finger on a very sore spot with its analysis of the country’s post-Irma financial predicament. That we are – financially speaking More...
Tourism offices join forces
PHILIPSBURG – Minister of Tourism and Economic Affairs Cornelius de Weever signed a memorandum of understanding on Friday morning with the first vice president of the Collectivité of Saint Martin Valérie Damaseau More...
“Waste-to-energy won’t bring down electricity tariffs”
PHILIPSBURG – The electricity tariffs for consumers will not go down once a waste-to-energy facility begins to produce power from waste. That says Roy Marlin the former chairman and currently board member of More...
