Shareholder fires airport board members
PHILIPSBURG — The Council of Ministers has fired Glenn Daniel and Rochelle Hodge from their positions on the supervisory board of directors of the Princess Juliana International Airport Holding Company (PJIAH). With their removal the cleanup of the holding board is complete. Earlier managing director Dexter Doncher was relieved of his duties. Cleveland More...
Audit Chamber presents devastating report about 2017 financial statements
PHILIPSBURG — The country’s 2017 financial statements contain “numerous errors and uncertainties,” the General Audit Chamber writes in its compliance audit St. Maarten Financial Statements 2017. “Expenditures More...
Finance ministry focuses on cost-cutting measures
PHILIPSBURG — Cost-cutting measures top the list of priorities at the Ministry of Finance, it appears from Minister Ardwell Irion’s presentation about the 2021 budget to Parliament. Focus points are fuel More...
Kingdom imposes conditions on sixth tranche of liquidity support
PHILIPSBURG — St. Maarten’s capacity is, in terms of quantity and quality “a serious stumbling block” for the execution of improvements, State Secretary Raymond Knops (Kingdom Relations) writes in a More...
Knops releases liquidity support
THE HAGUE — State Secretary Raymond Knops (Kingdom Relations) released the fifth tranche of liquidity support to St. Maarten. The Netherlands will transfer 39 million guilders ($21.8 million) by the end of More...
Corporate Governance Council has reservations about appointment Daniel as GEBE-CEO
PHILIPSBURG -- The Corporate Governance Council expressed concerns in its advice on the possible appointment of Sharine Daniel as the next Chief Executive Officer of utilities company GEBE that are somewhat surprising, More...
Politicians and civil servant must contribute to pension system and SZV-funds, Cft advises
PHILIPSBURG — St. Maarten ought to amend legislation as soon as possible so that civil servants and politicians start paying a 10 percent contribution towards healthcare costs, financial supervisor Cft writes More...
Audit Chamber has its financial management under control
PHILIPSBURG — The General Audit Chamber shows in its 2020 annual report that its financial management is in good shape and that the organization lives up to promise to deliver its annual report to parliament More...
Venomous exchange with Knops yields no results
PHILIPSBURG — The battle between Prime Minister Silveria Jacobs and outgoing State Secretary Raymond Knops (Kingdom Relations) about the payment of the fifth tranche of liquidity support has at times taken More...
Prime Minister Silveria Jacobs addresses halt of fifth tranche of liquidity support
Philipsburg – Prime Minister Silveria Jacobs expresses grave concern for the future of relations within the Kingdom, when out of one side of their mouths, the Dutch Government claims it is looking out for the More...
