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 Executive Officer Brian Mingo and to send the board of the exploitation company (PJAE) home. This appears from a letter the World Bank sent 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...

St. Barths wants to reopen for international tourism
PHILIPSBURG – Unlike St. Maarten, the island of St. Barth’s has all its ducks in a row for reopening to tourism. But regulations put in place by the French government frustrate these efforts. Collectivité More...

Delta Airlines repatriation flight carries home 150 Americans from St. Maarten
~ Exclusive interview with two American couples about their bittersweet departure ~ PHILIPSBURG — US citizens who had been vacationing in St. Maarten, Saba and St. Eustatius, were able to fly home on a humanitarian More...

RFHL RECORDS US$81.7 MILLION IN HALF YEAR PROFITS
Port-of-Spain, Trinidad — The President of Republic Financial Holdings Limited (RFHL), Nigel Baptiste, announced today a profit attributable to shareholders of the parent of US$81.7 million for the six-month More...

New York Times foresees “months of duress and uncertainty”
Photo caption: Holland House Beach Hotel also completely shutdown as a result of the COVID-19 crisis. PHILIPSBURG – Most of the 51 units at the Princess Heights Boutique Condo Hotel in Oyster Pond are empty these More...

Cruise lines facing no bail out, no business due to Coronavirus
~ Largest cruises halted for two months ~ PHILIPSBURG – Due to the spread of Coronavirus Royal Caribbean International and Carnival’s Princess Cruises have extended the suspension of their operations with More...