DSTA President calls for urgent reforms following taxi driver incident
PHILIPSBURG — In the wake of a troubling incident that has gone viral on social media, the President of the Dutch St. Maarten Taxi Association (DSTA), Maya Friday, has issued a public statement highlighting the urgent need for reforms in the island’s taxi permit and training systems. The incident, which occurred on Monday, September 3, More...
Community Investment Fund
~ Establishing a Community Investment Fund to Support Local Businesses: A Path to Sustainable Growth for St. Maarten ~ In recent weeks, the potential closure of Carl & Sons Unique Bakery has highlighted the More...
Caribbean guilder arrives in six months and cash remains king
PHILIPSBURG — About half a year from now the Antillean guilder will cease to exist and be replaced by the Caribbean guilder, the new common currency of the monetary union of Curacao and St. Maarten. The More...
Solution or no solution: what does it mean for the ENNIA policyholders in St. Maarten?
PHILIPSBURG — Finance Minister Marinka Gumbs made clear during a meeting of Parliament in June that the Outline Agreement as a solution for troubled insurance company ENNIA is not the best solution for St. More...
CBCS sounds the alarm over lack of parliamentary approval for ENNIA-solution
PHILIPSBURG — The Central Bank of Curacao and St. Maarten (CBCS) wants to finalize the restructuring of troubled insurance company ENNIA by December 1 of this year but it is unable to do so without approval More...
New Energy Loan Initiative: Empowering St. Maarten SMEs with Financial Solutions to Combat the Energy Crisis
Philipsburg, St. Maarten – In a proactive response to the ongoing energy crisis that has significantly impacted the business community, particularly micro, small, and medium-sized enterprises (MSMEs), Member More...
Carlita Guy wants to improve the St. Maarten economy
By Andre Huie PHILIPSBURG — National Alliance candidate number 17 Carlita Guy has a passion to see the St. Maarten economy thrive and return to the pinnacle it once was. An entrepreneur herself, Guy, in an More...
Cash at home? The tax inspectorate wants to know
THE HAGUE — The Dutch desire to regulate everything becomes once more apparent from rules that apply to the amount of money citizens are allowed to have at home. The situation in St. Maarten is a lot more More...
Taxi drivers express concerns about additional licenses
PHILIPSBURG -- Taxi permit holders are up in arms about the 120 licenses the Ministry of Tourism, Economic Affairs, Transport and Telecommunication issued at the end of last year. The permit holders published a More...
Central Bank says it has become pro-active after Girobank disaster
PHILIPSBURG — The Central Bank of Curacao and St. Maarten (CBCS) has learned some valuable lessons from the downfall of the Girobank and from the report Deloitte Netherlands produced about this situation. In More...
