The Golden Guilder

Five Guilders

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 stop flowing into our economy, using guilders for our daily transactions will keep our economy going and save the dollars to pay for our imports. More...

by The Publisher | Published 2 days ago
Staatssecretaris Raymond Knops - cn js
By The Publisher On Sunday, March 29th, 2020
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Confusion and uncertainty about help from The Hague

PHILIPSBURG – “We are one Kingdom, we are all in the same boat and will help each other,” said Minister Raymond Knops (CDA) of the Interior and Kingdom Relations ten days ago. But after the reunion More...

Pictures by © Berber van Beek    https://www.facebook.com/studiorootzphotography/ or www.studiorootz.com
By The Publisher On Sunday, March 29th, 2020
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CFT: decision about liquidity support by April 15

PHILIPSBURG – The Board Financial Supervision (CFT) has advised the Kingdom Council of Ministers (KCOM) to allow St. Maarten to deviate from article 15 of the consensus kingdom law financial supervision. The More...

Government Administration Building with Flags- 20200220 JH
By The Publisher On Friday, March 27th, 2020
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Stimulus Plan only contains proposals

PHILIPSBURG – Plans for emergency measures to mitigate the effects of the corona-virus so far do not include the key recommendations proposed by private sector organizations. The government published its so-called More...

MP drs Rodolphe E. Samuel
By The Publisher On Friday, March 27th, 2020
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Parliamentarians pressured to approve Penal Procedure Code, MP Samuel says

PHILIPSBURG — St. Maarten already complies with recommendation 35 of the Caribbean Financial Action Task Force (CFATF) and there is undue pressure on parliamentarians to urgently approve amendments to the More...

Jose Jardim
By The Publisher On Tuesday, March 24th, 2020
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St. Maarten needs massive financial support

Central Bank interim-President Jardim sounds the alarm: St. Maarten needs humongous financial support PHILIPSBURG – St. Maarten’s government needs between 86 and 104 million guilders ($48 to $58.1 million) More...

Central Bank building Curacao Scharloo
By The Publisher On Sunday, March 8th, 2020
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Lobbyists demand strengthening central bank management

PHILIPSBURG – The governments of Curacao and St. Maarten have to appoint one or two “international heavyweights” to strengthen the management of the Central Bank of Curacao and St. Maarten (CBCS). That at More...

Trust Fund Steering Committee members
By The Publisher On Friday, March 6th, 2020
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Reconstruction of the airport gets go-ahead

PHILIPSBURG/WASHINGTON — The Sint Maarten Trust Fund steering committee gave the final go-ahead to start the reconstruction of the Princess Juliana Airport on Sint Maarten. USD$72 million from the Trust Fund, More...

Door2door Ltiquidity Support - Cartoon
By The Publisher On Sunday, February 16th, 2020
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Liquidity support still up in the air

PHILIPSBURG – The government is still in a bind about the liquidity support it is expecting from the Netherlands for 2018 and 2019. But so far, St. Maarten has not met the conditions the Kingdom Council of Ministers More...

CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Friday, January 31st, 2020
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Lion’s share of Central Bank profits stays in Curacao

PHILIPSBURG – The Central Bank of Curacao and St. Maarten is doing well but most of the profits from its healthy bottom line stay in Curacao. Between 2011 and 2018 - the last year of which audited data are available More...