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Minister Irion: St. Maarten is the most compliant country with SSRP execution

~ Gives special recognition to SZV, ATS, and SMDF ~ PHILIPSBURG — The Minister of Finance, Mr. Ardwell Irion, recently presented the teams of Social & Health Insurances (SZV) and Audit Team St. Maarten (ATS) with special recognition for their collaboration in the execution of the Business Payroll Support (SSRP) program of 2020-2021. The St. More...

by The Publisher | Published 3 weeks ago
By The Publisher On Tuesday, September 6th, 2022
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CFT gives green light for revoking salary cuts

PHILIPSBURG — The government has met the requirements that allow it to revoke the 12.5 percent salary cut for employees in the (semi) public sector. This appears from a letter CFT-chairman Raymond Gradus More...

By The Publisher On Thursday, August 18th, 2022
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Finance Minister Ardwell Irion successfully tackles backlog of financial statements

PHILIPSBURG — Finance Minister Ardwell Irion is diligently working on the backlog of annual financial statements. On Wednesday, he presented these statements for the years 2019 and 2020, accompanied by an More...

By The Publisher On Saturday, August 13th, 2022
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Doing business in St. Maarten: bottlenecks and solutions (part 3)

3. Paying taxes PHILIPSBURG — Establishing a business in St. Maarten is an at times an expensive road littered with stumbling blocks. The Ministry of Home Affairs and Kingdom Relations and the Ministry of More...

By The Publisher On Tuesday, August 9th, 2022
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Ministry of Finance receives updates on Republic Bank’s corporate responsibility plan

Republic Bank pledges a more proactive approach in the future. PHILIPSBURG, Sint Maarten— The Ministry of Finance was recently the recipient of a courtesy visit from the General Managing Director of Republic More...

By The Publisher On Monday, August 8th, 2022
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Doing business in St. Maarten: bottlenecks and solutions (part 2)

2. Getting credit PHILIPSBURG — Establishing a business in St. Maarten is an at times an expensive road littered with stumbling blocks. The Ministry of Home Affairs and Kingdom Relations and the Ministry More...

By The Publisher On Friday, August 5th, 2022
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Minister of Finance launches corporate governance traineeship

POND ISLAND — The Ministry of Finance is launching a pilot program for corporate governance and supervisory board member traineeship. The Ministry of Finance hopes to attract young professionals interested More...

By The Publisher On Thursday, August 4th, 2022
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Airport installs new members to supervisory board

PHILIPSBURG — The Princess Juliana International Airport Exploitation Company (PJIAE) installed three new members to its supervisory board this week: Marion Kan, Justin Woods and Anisa Dijkhoffz. This was More...

By The Publisher On Wednesday, August 3rd, 2022
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Doing business in St. Maarten: bottlenecks and solutions (part 1)

1. The Licensing system PHILIPSBURG — Establishing a business in St. Maarten is an at times an expensive road littered with stumbling blocks. The Ministry of Home Affairs and Kingdom Relations and the Ministry More...

By The Publisher On Friday, July 22nd, 2022
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Kingdom puts liquidity support on hold

PHILIPSBURG / THE HAGUE — St. Maarten has started to pay out vacation allowances without a positive advice from financial supervisor Cft and without permission from the Kingdom Council of Ministers (KCoM), More...