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Conditions influence interest rates for refinanced liquidity loans

PHILIPSBURG — State Secretary Alexandra van Huffelen is prepared to refinance the liquidity loans for St. Maarten Curacao and Aruba if the islands meet “country-specific conditions,” it appears from a letter she sent on August 25 to the Dutch Second Chamber. To refinance the liquidity loans the countries received, Van Huffelen offers a 20-year More...

by The Publisher | Published 10 months ago
By The Publisher On Friday, September 8th, 2023
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Minister Doran gave land in long lease to his brother and to the mother of his children

PHILIPSBURG -- Cadastre documents show that Minister of Public Housing, Urban Planning, Environment and Infrastructure (VROMI) Egbert Doran granted rights of long lease for two parcels of land to his brother Eldrid More...

By The Publisher On Saturday, August 26th, 2023
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A hot air balloon

By Hilbert Haar According to UD-MP Sarah Wescot-Williams Prime Minister Silveria Jacobs sent a letter to government-owned companies urging them to hire locals for management positions. See Government has no clue More...

By Online Editor On Friday, July 21st, 2023
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Lack of refinancing-agreement could cost St. Maarten millions

PHILIPSBURG – If the government does not manage to reach an agreement about the refinancing of the corona-loans with the Netherlands before October 10, it could cost St. Maarten’s treasury an additional More...

By Online Editor On Friday, July 21st, 2023
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Government has to pay Bearing Point one million for canceled IT-project

PHILIPSBURG -The government has to pay 1 million guilders ($558.659) in damages to Bearing Point Management Consultancy (BPMC), the Court in First Instance ruled on July 7. The amount is an advance payment on damages More...

By Online Editor On Friday, July 21st, 2023
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Van Huffelen puts Ennia-pensioners at ease

PHILIPSBURG – The 30,000 Ennia-clients in St. Maarten and Curacao do not have to worry about their pensions. This appears from the statement State Secretary Alexandra van Huffelen (Kingdom Relations) made More...

By Online Editor On Tuesday, June 27th, 2023
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Netherlands extends new loan to St. Maarten

PHILIPSBURG – The Netherlands extends a new loan of €33.5 million (60.8 million guilders or $34 million) to St. Maarten. The loan is intended for investments in wastewater treatment, physical and cultural More...

By The Publisher On Thursday, June 1st, 2023
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MP Peterson criticizes process for public tenders

PHILIPSBURG — Public tenders falling under the authority of the Ministry of Public Housing, Urban Planning, Environment and Infrastructure (VROMI) have once again become a bone of contention. In 2022 the More...

By The Publisher On Friday, May 26th, 2023
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VVD concerned about weaknesses in mutual agreement

THE HAGUE — The VVD-faction in the Dutch parliament has serious concerns about the mutual agreement St. Maarten, Aruba and Curacao recently signed with the Netherlands as the replacement of the controversial More...

By The Publisher On Saturday, May 13th, 2023
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Concerns about the future of Claude Wathey’s statue

PHILIPSBURG — The old Government Administration Building will finally be demolished by a company called Limitless Infrastructure at a cost of approximately 660,000 guilders ($368,715). A ceremony to “celebrate” More...