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SSRP-audit leaves questions unanswered and raises new ones

PHILIPSBURG — The General Audit Chamber’s focus audit of the execution of the stimulus and relief program (SSRP) in 2020 raises questions about the program’s effectiveness, its authors write. The report’s cover shows a one hundred dollar bill, featuring the image of Benjamin Franklin, in the form of a puzzle. The ministry of finance “did More...

by The Publisher | Published 1 month ago
By The Publisher On Thursday, December 16th, 2021
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Lofty words but hardly any deadlines in policy plan for 2022

PHILIPSBURG — The draft 2022 budget closes with a deficit of 124.1 million guilders ($69.3). No surprises there. Revenue is projected to be 409.3 million ($228.7 million) and expenditures 533.5 million ($298 More...

By The Publisher On Wednesday, December 8th, 2021
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CX Pay B.V. partners with Cybersource

MIAMI/WILLEMSTAD — Curaçao based CX Pay B.V. announced that the FinTech company has selected the payment and anti-fraud platform CyberSource, a Visa solution, to broaden its service offering, while further More...

By The Publisher On Thursday, December 2nd, 2021
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Ansary and Co sentenced to repay more than one billion guilders to ENNIA

PHILIPBURG -- Majority shareholder Hushang Ansary has to repay insurance company ENNIA more than one billion guilders (close to $563 million) to compensate for a string of financial irregularities that negatively More...

By The Publisher On Sunday, November 28th, 2021
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Collecting more taxes does not require reform; it requires enforcement

PHILIPSBURG — Tax reform. Tax compliance. Tax evasion. Tax fraud. These are all well-known terms in St. Maarten where fooling the tax inspectorate is seen by quite some citizens and companies as a national More...

By The Publisher On Tuesday, November 23rd, 2021
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Nathalie Tackling and Emilio Kalmera join APS Board

   Cayhill — Local professionals Nathalie Tackling and Emilio Kalmera recently joined the APS Board as members. The APS Board now consists of four persons: Shaira Bommel, Arjen Alberts, Kalmera, More...

By The Publisher On Wednesday, November 10th, 2021
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Cft sounds the alarm again about untenable financial position social funds

PHILIPSUBRG — Financial supervisor Cft expressed serious criticism of St. Maarten’s 2021 budget in a letter from Cft-chairman Prof. Dr. Raymond Gradus to Finance Minister Ardwell Irion on October 13. The More...

By The Publisher On Tuesday, November 2nd, 2021
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Court declares cost-cutting ordinances constitutional

PHILIPSBURG – After careful consideration the Constitutional Court has rejected the Ombudsman’s request to void three temporary national ordinances that regulate cuts in the labor conditions for civil servants, More...

By The Publisher On Friday, October 8th, 2021
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Gambling industry-reform stalls in Curacao but is on schedule in St. Maarten

PHILIPSBURG — Curacao is not making any progress with the reform of its policy for games of chance, the third-quarter report about the execution of the country packages states. Prime Minister Gilmar Pisas More...

By The Publisher On Thursday, September 30th, 2021
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Sarah: “Why is the draft budget 2022 delayed until November 2021?”

Philipsburg, St. Maarten, 20 September 2021 – “In politics, what you say can come back to haunt you.” This is how MP Wescot-Williams introduced her statement regarding the budget 2022 for the country. MP More...






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