Hong Kong-based re-insurer Peak Re acquires complete ownership of NAGICO
PHILIPSBURG — Insurance Company Nagico will become 100 percent subsidiary of Peak Re (Peak Reinsurance Company), pending regulatory approval, NAGICO said in a press statement. Peak Re is a Hong Kong-based reinsurance specialist. On its website it reports 550 clients in more than seventy countries and $1.7 billion in gross written premiums per More...
MP Emmanuel draws criticism for questioning airport reconstruction tender
PHILIPSBURG — Parliamentarian Christophe Emmanuel is at it again. This time he sent a letter of 600 words to the Integrity Chamber with the request to provide an opinion on the outcome of the tender for the More...
MP Emmanuel asks Integrity Chamber to provide opinion on Ballast Nedam selection
PHILIPSBURG — Independent Member of Parliament Christophe Emmanuel on Thursday asked the Integrity Chamber to provide its opinion on whether the awarding of the reconstruction of the airport project to Ballast 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...
Ballast Nedam wins bid for airport reconstruction project
PHILIPSBURG — Dutch construction company Ballast Nedam has won the bid for the airport terminal reconstruction project. The Princess Juliana International Airport Operating Company (PJIAE) hails de winner More...
Emmanuel questions how Ballast Nedam won airport bid with its bribery settlement
~ Says measuring stick is different for Dutch firms ~ PHILIPSBURG — In response to the news that Ballast Nedam has been awarded the contract for the airport reconstruction project, Independent Member of More...
Shareholder fires airport board members
PHILIPSBURG — The Council of Ministers has fired Glenn Daniel and Rochelle Hodge from their positions on the supervisory board of directors of the Princess Juliana International Airport Holding Company (PJIAH). More...
Dedicated to Arts and to Education, CIBC FirstCaribbean supports Youth Programs
Philipsburg – INDISU Dance Theater of St. Maarten students will be heading to Los Angeles in just ten days to attend the International Festival, Dance Excellence. The festival brings together young dancers More...
Sol takes steps to further energize St. Maarten community
CAY BAY — Sol Antilles N.V. (Sol), the Caribbean’s leading provider of petroleum-based energy solutions has taken a major step towards further energizing the island of St. Maarten. This comes with the recent More...
Prosecutor’s Office starts preliminary criminal investigation into GEBE oil spill
CAY BAY — The Prosecutor’s Office OM SXM has launched a preliminary criminal investigation into the major oil spill that occurred on Tuesday in the vicinity of the Cay Bay power plant of utilities company More...
