Challenges facing the new CBCS President

by Emsley D. Tromp I am writing this note risking stepping on toes. However, the only way to avoid stepping on toes is to stand still. Standing still will come at greater cost to the reputation and the credibility of the Central Bank of Curaçao and Sint Maarten (“CBCS”), our financial system, and ultimately the Monetary Union and the well-being More...

Central Bank spends millions on effort to rescue ENNIA
PHILIPSBURG/WILLEMSTAD – The court in Curacao has increased the advance payment to the Central Bank for expenditures related to the restructuring of insurance company Ennia to 15 million guilders, the Antilliaans More...

Central Bank counters complaints by Ennia’s supervisory board
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 More...

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...

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...

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...

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 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...

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...

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...