Central Bank counters complaints by Ennia’s supervisory board

CBCS Central Bank Head Offce in St. Maarten

PHILIPSBURG – The Central Bank of Curacao and St. Maarten (CBCS) is not happy with a letter Faroe Metry, president of the supervisory board of insurance company Ennia’s operating units, wrote. The Central Bank hardly gives any information to the supervisory board, Metry complained. He also wrote that the costs for restructuring Ennia have risen More...

by The Publisher | Published 2 weeks ago
CBCS SXM building name
By Online Editor On Saturday, October 19th, 2019
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Acting President of CBCS attends introductory meeting with Mr. Ansary

Willemstad/Philipsburg – At the request of the Minister of Finance of Sint Maarten Perry Geerlings, the Acting President of the Centrale Bank van Curaçao en Sint Maarten (CBCS), Bob Traa attended an introductory More...

Mullet Bay property
By The Publisher On Friday, October 11th, 2019
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Getting Mullet Bay out of its funk

By Hilbert Haar In different words, MP Wescot-Williams criticized the proposal to conduct a parliamentary inquiry into Mullet Bay the same way civil law attorney Wim van Sambeek did in an article stmaartennews.com More...

Towers at Mullet Bay - Timeshares Only
By The Publisher On Saturday, September 7th, 2019
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Timeshare owners at the Towers of Mullet Bay revolt

PHILIPSBURG – More than two hundred timeshare owners at The Towers at Mullet Bay have appealed to Member of Parliament Rolando Brison to investigate the “misappropriation of the property of timeshare owners More...

Min VROMI Chris Wever visits Mullet Bay beach - 20190904 3
By The Publisher On Wednesday, September 4th, 2019
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Minister of VROMI Chris Wever tackling beach cleaning one at a time

  PHILIPSBURG — Minister of Public Housing, Environment, Spatial Development and Infrastructure (VROMI), the Honorable Christopher Wever says, “there is no time to joke about the environment especially More...

Mullet Bay golf course terrain
By The Publisher On Wednesday, August 28th, 2019
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Time for appropriate action

By Hilbert Haar Giving back Mullet Bay to the people – the lofty objective behind MP Rolando Brison’s proposal for a parliamentary inquiry into the state of affairs with the location of the former Mullet Bay More...

mullet-bay-st-maarten
By The Publisher On Monday, August 19th, 2019
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Mullet Bay to take center stage

The parliamentary inquiry proposal submitted by member of Parliament Rolando Brison as faction leader of the United St. Maarten Party (USP) aims to shed light on the decades long pressing question of the ownership More...

MP Rolando Brison submits proposal
By The Publisher On Tuesday, August 13th, 2019
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Mullet Bay parliamentary inquiry-proposal to parliament

PHILIPSBURG – United St. Maarten Party (USp) Member of Parliament Rolando Brison submitted his proposal for a parliamentary inquiry into the status of the Mullet Bay property to parliament today, Tuesday, August More...

Minister of Finance Geerlings with CBCS Director Jose Jardim in Parliament - 20 Feb 2019
By The Publisher On Wednesday, February 20th, 2019
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Jardim: “We do our utmost to protect ENNIA’s policyholders”

PHILIPSBURG – The Central Bank will “do its utmost” to protect the interests of policyholders at troubled insurance company ENNIA, but there are no guarantees. That is the message members of the parliamentary More...

ENNIA - Photo Extra
By The Publisher On Friday, February 1st, 2019
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Parman loses lawsuit: emergency measure at ENNIA remains in place

PHILIPSBURG — “Okay, then you start the emergency regulation.” With those words Hushang Ansary, the 93-year old Persian-American major shareholder of Parman International BV walked out of a meeting with More...