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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 Bank Sint Maarten, Sterl Lyons and the Republic Bank (EC) Limited Managing Director Mrs. Michelle Palmer-Keizer. The Directors sat with Minister More...

by The Publisher | Published 4 months ago
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...

By The Publisher On Tuesday, July 5th, 2022
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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...

By The Publisher On Thursday, June 23rd, 2022
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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...

By The Publisher On Tuesday, June 21st, 2022
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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...

By The Publisher On Saturday, June 18th, 2022
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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...