CIBC FirstCaribbean to sell its banking assets in four OECS countries and Aruba
Bridgetown, Barbados 12th October 2021. FirstCaribbean International Bank Limited has announced that its wholly-owned subsidiary, FirstCaribbean International Bank (Barbados) Limited (“FCIB Barbados”), has agreed to sell its banking assets in St. Vincent, Grenada, Dominica and St. Kitts to: The Bank of St. Vincent and the Grenadines More...
UN Committee urges the Netherlands to promote equality
PHILIPSBURG — “Formal equality does not equate material equality.” That is one of the conclusions of the UN Committee on the Elimination of Racial Discrimination after the evaluation of the Dutch 22nd More...
Kudos from President Biden for St. Maarten’s Alexina Beauperthuy
PHILIPSBURG — On July 1, President Joe Biden and First Lady Jill Biden spent three hours with the families of victims of the Surfside apartment building that collapsed on June 24, killing 98 people. The visit More...
How Dutch is Ballast Nedam?
PHILIPSBURG — Ballast Nedam is generally recognized as a Dutch construction company. There is however nothing Dutch about the chairman of the board or about Ballast Nedam’s parent company. The chairman More...
NAGICO urges preparation as NOAA warns of active hurricane season
PHILIPSBURG — The Atlantic Hurricane Season starts June 1st and NAGICO Insurances is urging everyone to get ready for what has already been forecasted by NOAA’s Climate Prediction Center (CPC), to be ‘a More...
Airport holding puts reconstruction funding at risk
Photo caption: SXM Airport. Photo by Duncan van Heyningen. PHILIPSBURG — The airport holding is putting financing for the terminal reconstruction project at risk if it continues with efforts to dismiss Chief More...
Hibernators may be excluded from compulsory Covid insurance
PHILIPSBURG — Many foreign condo owners and renters on St. Maarten have doubts about hibernating on the island this year. The cost of mandatory COVID-19 insurance can run up to several thousand dollars for More...
IMF-team paints dark picture of road to recovery
PHILIPSBURG — St. Maarten’s Gross Domestic Product (GDP) will drop 25 percent this year as a result of the COVID-19 crisis. This appears from a note written by a team of the International Monetary fund More...
Competition coming up for KLM/Air France and TUI
PHILIPSBURG — Air Belgium intends to fly to the former Netherlands Antilles in the course of next year. The Belgian airline announced this yesterday during a press presentation. Air Belgium is ready to expand More...
No cruises until mid-September
PHILIPSBURG – Major cruise lines voluntarily extend a suspension of operations out of U.S. ports until Sept. 15, the Cruise Lines International Association announced Friday. The decision followed the news earlier More...
