A coup at the Social Economic Council (SER)
By Hilbert Haar When any government announces the “restructuring” of a board or of any organization that is supposed to be independent from the political decision makers, I always become a bit suspicious. The questions that come to mind are always the same: why and why now? When Prime Minister Silveria Jacobs recently announced a restructuring More...
IMF-team paints dark picture of road to recovery
PHILIPSBURG — St. Maarten’s Gross Domestic Product (GDP) will drop 25 percent this year as a result of the COVID-19 crisis. This appears from a note written by a team of the International Monetary fund More...
Time for St. Maarten to move towards high-end, sustainable and nature-based tourism
Dear Editor, It is with much concern that I read a news article regarding questions posed by Members of Parliament to the current Minister of VROMI concerning a potential development at Beacon Hill. My specific More...
Troubled TelEm
PHILIPSBURG – Telecom provider TelEm is in deep trouble, it appears from a letter it sent to the labor unions on Monday (June 1) about the decision to cut employee-salaries by 12.5 percent. The real situation More...
Minister De Weever forms Economic Recovery Group
~ Economic Affairs Minister Ludmilla de Weever Calls on All Stakeholders to Come Together ~ PHILIPSBURG – Minister of TEATT Ludmila de Weever reached out to various stakeholders in the past several weeks to More...
COVID-19 Income Support only for permit holders
PHILIPSBURG – The deadline for application for COVID-19 Income Support for vendors and taxi drivers for the month of April 2020 expired on Sunday, May 10th. Payments will commence from next Friday, May 15th. More...
St. Maarten informal economy grounded to a halt
~ St. Maarten’s underground economy has been grounded to a halt. StMaartenNews.com brings you an analysis ~ The current population of St. Maarten is 42,797 as of Tuesday, May 4, 2020, based on the latest More...
Could GEBE do more for its clients?
~ BES-islands get subsidy to waive fixed tariffs ~ PHILIPSBURG – Saba Electric, the distributor of electricity in Saba, Statia and Bonaire has waived the fixed tariff for all customers until the end of the year. More...
Central Bank warns against solidarity tax
WILLEMSTAD – The government’s plan to impose a solidarity tax on all income above the ceiling for healthcare and accident insurance premium (5,781 guilders or $3,230) will have a negative effect on the economy 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...
