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 Bank Sint Maarten, Sterl Lyons and the Republic Bank (EC) Limited Managing Director Mrs. Michelle Palmer-Keizer. The Directors sat with Minister More...
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...
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...
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...
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...
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...
Audit Chamber doubts whether lowering rental costs is feasible
PHILIPSBURG — “We question if the goals set forth in the country package are realistic,” the General Audit Chamber states in its audit on the possibilities of rent reduction for government. Prime Minister More...
High power-distance
By Hilbert Haar A recent article by Malcolm Gladwell about his experiences at a Mennonite wedding in Southern Ontario sheds a bright light on the way people interact with each other (or not). His thoughts about More...
New debate about double turnover tax on fuel prices
PHILIPSBURG — Eight years ago, financial expert Emilio Kalmera pointed out how the government abuses the turnover tax-system by applying this levy twice to the price of gasoline and diesel: once to the wholesale More...
Kingdom decides Friday about retraction of salary-cut for civil servants
PHILIPSBURG — The Kingdom Council of Ministers decides next Friday, June 24, whether St. Maarten gets permission to terminate the 12.5 percent pay-cut for civil servants. For a positive outcome, the government More...
