Mullet Bay sale intended to cover Sun Resorts-debts
PHILIPSBURG — The intention to sell a small part of Mullet Bay aims to cover “huge debts” at its formal owner Sun Resorts, Minister of Finance Ardwell Irion said at Wednesday’s press briefing. Irion said that the proceeds of the sale are earmarked for funding the operations of Sun Resorts on Mullet Bay. The Sun Resorts-debts are due to More...
PAR wants to force Ennia-prosecution with Article-15 procedure
WILLEMSTAD — Opposition party Partido Alternativa Real (PAR) wants to start an Article-15 procedure to force the Prosecutor’s Office to prosecute those who are responsible for the damages inflicted on insurance More...
Van der Sloot finally confesses to killing Natalee Holloway
BIRMINGHAM, ALABAMA — More than eighteen years after her disappearance, Joran van der Sloot confessed to an American judge that he killed 18-year old Natalee Holloway on May 30, 2005 on a beach in Aruba. More...
Small part of Mullet Bay up for sale
PHILIPSBURG -- The Central Bank of Curacao and St. Maarten (CBCS) has put up 11,000 square meters of Mullet Bay for sale. This appears from an ad published in the Antilliaans Dagblad on October 16. The parcel More...
Real estate agents advertised Carbon Grove despite warning signals
A report from our Correspondent PHILIPSBURG — Long after problems started piling up for Carbon Acquisition Group (CAG) doing business as Melbon Enterprises NV, and media reports surfaced about the Court ruling More...
St. Maarten gets low interest rate on refinanced liquidity loans
PHILISPBURG — St. Maarten gets its liquidity loans refinanced against 3.4 percent interest while Curacao, that has refused to accept a Dutch loan to solve problems at insurance company ENNIA, will have to More...
Central Bank to discuss details of Ennia-solution
PHILIPSBURG — The solution Curacao’s Prime Minister Gilmar Pisas has presented for embattled insurance company Ennia is not an entirely done deal yet, it appears from a press release issued by the Central More...
LIAT vs Caribbean Airlines
~ Antigua and Trinidad beefing over regional airline service ~ A Report by THG News Today ST. JOHN — The Antigua and Barbuda government Friday said it intends to “fight” plans by the Trinidad-based Caribbean More...
CIBC FirstCaribbean criticized for inadequate supervision of Carbon Grove project
A report from our Correspondent PHILIPSBURG -- CIBC FirstCaribbean International Bank advertised itself as the financier of Carbon Grove residences in Cole Bay. That gave them confidence in the project, said clients More...
Curacao refuses loan and Ennia Leven will cease to exist
PHILIPSBURG — The Dutch loan of €600 million (1.2 billion guilders or $636 million) to Curacao and St. Maarten to save the life insurance branch of insurance company ENNIA is off the table. Curacao’s More...
