The potential of the yachting industry in the Caribbean

Yacht Marina PDP

Whilst Caribbean economies claim to be looking out for opportunities to diversify their economies, in practice, they have been slow to grab the opportunity that is presented by yachting. By Robbie Ferron The yachting industry is a more complex industry than stay-over accommodation or cruise ships and this complexity is a big part of the reason for More...

by The Publisher | Published 2 weeks ago
SER St. Maarten
By The Publisher On Friday, June 26th, 2020
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A coup at the Social Economic Council (SER)

By Hilbert Haar When any government announces the “restructuring” of a board or of any organization that is supposed to be independent from the political decision makers, I always become a bit suspicious. The More...

IMF headquarters in NY
By The Publisher On Wednesday, June 24th, 2020
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IMF-team paints dark picture of road to recovery

PHILIPSBURG —  St. Maarten’s Gross Domestic Product (GDP) will drop 25 percent this year as a result of the COVID-19 crisis. This appears from a note written by a team of the International Monetary fund More...

Cupecoy Beach - Photo by Picturesque by Dean Duporte
By The Publisher On Sunday, June 21st, 2020
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Time for St. Maarten to move towards high-end, sustainable and nature-based tourism

Dear Editor, It is with much concern that I read a news article regarding questions posed by Members of Parliament to the current Minister of VROMI concerning a potential development at Beacon Hill. My specific More...

TelEm Satelite Dish
By The Publisher On Tuesday, June 2nd, 2020
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Troubled TelEm

PHILIPSBURG – Telecom provider TelEm is in deep trouble, it appears from a letter it sent to the labor unions on Monday (June 1) about the decision to cut employee-salaries by 12.5 percent. The real situation More...

Minister Ludmilla De Weever press photo
By The Publisher On Sunday, May 17th, 2020
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Minister De Weever forms Economic Recovery Group

~ Economic Affairs Minister Ludmilla de Weever Calls on All Stakeholders to Come Together ~ PHILIPSBURG – Minister of TEATT Ludmila de Weever reached out to various stakeholders in the past several weeks to More...

St. Maarten informal economy 5 - JH
By The Publisher On Tuesday, May 12th, 2020
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COVID-19 Income Support only for permit holders

PHILIPSBURG – The deadline for application for COVID-19 Income Support for vendors and taxi drivers for the month of April 2020 expired on Sunday, May 10th. Payments will commence from next Friday, May 15th. More...

St. Maarten informal economy 1 - JH
By The Publisher On Wednesday, May 6th, 2020
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St. Maarten informal economy grounded to a halt

~ St. Maarten’s underground economy has been grounded to a halt. StMaartenNews.com brings you an analysis ~ The current population of St. Maarten is 42,797 as of Tuesday, May 4, 2020, based on the latest More...

GEBE Building Philipsburg Branch - 20200405 JH
By The Publisher On Tuesday, May 5th, 2020
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Could GEBE do more for its clients?

~ BES-islands get subsidy to waive fixed tariffs ~ PHILIPSBURG – Saba Electric, the distributor of electricity in Saba, Statia and Bonaire has waived the fixed tariff for all customers until the end of the year. More...

Central Bank building Curacao Scharloo
By The Publisher On Monday, May 4th, 2020
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Central Bank warns against solidarity tax

WILLEMSTAD – The government’s plan to impose a solidarity tax on all income above the ceiling for healthcare and accident insurance premium (5,781 guilders or $3,230) will have a negative effect on the economy More...