Report: use World Bank Trust Fund money for emergency economic response
PHILIPSBURG – Use the balance of the World Bank Trust Fund to finance a $200 million emergency economic response to support the local economy. That is the focus of a proposal by a task force at the Ministry of Tourism and Economic Affairs (TEATT). The business community will need support for a period of seven to eight months, its report states. The More...
Cracks in the coalition
By Hilbert Haar The Indian Merchants Association (IMA) is among the private sector organizations that chose the St. Maarten Hospitality and Trade Association (SHTA) not even a week ago “to speak on its behalf More...
IMA fears economic doom with mass closures and layoffs
~ Economic Doom, Mass Closures and Layoffs on the Horizon for Sint Maarten. ~ PHILIPSBURG — In reference to the proposed draft Stimulus Plan, which was made public, the Indian Merchants Association (IMA), More...
The Golden Guilder
On St. Maarten, banks and the government are advising the general population to use guilders as much as possible, as a way to save dollars. I agree wholeheartedly with this advice. Here is why. When the dollars More...
Business survey paints dark scenario
PHILIPSBURG – Within three to six months 45 percent of workers currently employed in the private sector will lose their jobs. This appears from a survey among 580 businesses by the St. Maarten Hospitality and More...
Movement restricted, curfew in effect; travel waiver needed
Prime Minister & Chair of the EOC Silveria Jacobs Updates on COVID-19 Developments MARCH 29, 2020: People of St. Maarten, both at home and abroad, I hereby address you, as Prime Minister and Chair of the EOC More...
Confusion and uncertainty about help from The Hague
PHILIPSBURG – “We are one Kingdom, we are all in the same boat and will help each other,” said Minister Raymond Knops (CDA) of the Interior and Kingdom Relations ten days ago. But after the reunion More...
CFT: decision about liquidity support by April 15
PHILIPSBURG – The Board Financial Supervision (CFT) has advised the Kingdom Council of Ministers (KCOM) to allow St. Maarten to deviate from article 15 of the consensus kingdom law financial supervision. The More...
Governor swears in Jacobs II Cabinet with no handshaking
HARBOR VIEW — While observing social distancing protocols, members of the new Jacobs II cabinet were sworn in today, Saturday, March 28, 2020, by His Excellency, the Governor, drs Eugene B. Holiday, in the More...
MP Grisha Marten-Heyliger: Lack of communication and cohesion in coalition
~ Says Stimulus Package not discussed ~ PHILIPSBURG — Parliamentary Faction Leader of the United People (UP) party MP Grisha Marten-Heyliger on Friday said communication and cohesive efforts by the coalition More...
