Small part of Mullet Bay up for sale
PHILIPSBURG -- The Central Bank of Curacao and St. Maarten (CBCS) has put up 11,000 square meters of Mullet Bay for sale. This appears from an ad published in the Antilliaans Dagblad on October 16. The parcel of land is located near the American University of the Caribbean, next to the golf course in Cupecoy. Under the headline Requests for Proposals More...
What’s in a name: NHI or SAHA; the pros and cons
Dear Editor, There’s much concerns within the community regarding the government proposed National Health Insurance (NHI), new name, Sustainable Affordable Health Care Act (SAHA). What is baffling is that More...
Central Bank to discuss details of Ennia-solution
PHILIPSBURG — The solution Curacao’s Prime Minister Gilmar Pisas has presented for embattled insurance company Ennia is not an entirely done deal yet, it appears from a press release issued by the Central More...
Curacao refuses loan and Ennia Leven will cease to exist
PHILIPSBURG — The Dutch loan of €600 million (1.2 billion guilders or $636 million) to Curacao and St. Maarten to save the life insurance branch of insurance company ENNIA is off the table. Curacao’s More...
Ansary’s wife Shahla bought $14 million penthouse in Palm Beach
PHILIPSBURG — While Ennia’s major shareholder Hushang Ansary is entangled in lawsuits that could force him to repay millions of dollars to the insurance company, his wife Shahla does not seem to be short More...
Minister Irion: Solution for Ennia becomes unattainable if not all parties agree
PHILIPSBURG — Refinancing of the corona liquidity loans hinges on an agreement about a solution for embattled insurance company Ennia. The deadline to reach an agreement is October 15. “This agreement remains More...
Analysis: Central Bank intervened much too late at ENNIA
WILLEMSTAD — The management of ENNIA has mismanaged the insurance company and might even have committed criminal acts, econometrists Servaas Houben and Ronald Ketellapper state in an analysis published by More...
Appeals court holds Ansary liable for Ennia debacle
WILLEMSTAD — The Common Court of Justice ruled on Tuesday that insurance company Ennia is entitled to at least 153.8 million guilders ($85.9 million) in damages, caused by its major shareholder Hushang Ansary More...
CFT warns that ENNIA-loan poses risk for Curacao
PHILIPSBURG — If the Netherlands decides to extend a 1.2 billion guilders loan to St. Maarten and Curacao to save insurance company ENNIA, it will have dire consequences for the future of in particular Curacao. More...
Dutch loan to rescue ENNIA meets with criticism
PHILIPSBURG — If the Dutch parliament agrees, insurance company ENNIA will be saved with a 600 million euro loan from the Netherlands. But not everybody is happy with this solution. The deal is that St. Maarten More...
