Minister De Weever forms Economic Recovery Group

Minister Ludmilla De Weever press photo

~ 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 create an Economic Recovery Group with the aim of achieving a sustainable economic recovery as St. Maarten and the world begin to ease shutdown More...

by The Publisher | Published 2 weeks ago
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...

Government Administration Building - 20200223 JH
By The Publisher On Sunday, April 19th, 2020
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Payroll support is not for everyone; a deadline set for April 22

PHILIPSBURG – The specifics of the payroll support the government will extend to the private sector will throw many a company into a tailspin. There is a list of fourteen categories of companies that are excluded More...

Attorney Co Merx - 2020040602 JH
By The Publisher On Tuesday, April 7th, 2020
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Post Irma revisited: employers are breaking the law

PHILIPSBURG — The coronavirus lockdown has led to a wave of layoffs or salary deductions. “This is a similar situation to Hurricane Irma, when many employers did not pay their employees. Employees who brought More...

Holland House Closed - 2020040401 JH
By The Publisher On Sunday, April 5th, 2020
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New York Times foresees “months of duress and uncertainty”

Photo caption: Holland House Beach Hotel also completely shutdown as a result of the COVID-19 crisis. PHILIPSBURG – Most of the 51 units at the Princess Heights Boutique Condo Hotel in Oyster Pond are empty these More...

Supermarket Shopping Cart Groceries in Aisle
By The Publisher On Friday, April 3rd, 2020
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Pandemic drives up food prices

PHILIPSBURG – Price increases in supermarkets trigger a storm of complaints on social media. Food shoppers post pictures of items that cost a lot less two weeks ago than they do now. “They are killing More...

National Recovery Planning Bureau NRPB office building - 20200223 JH
By The Publisher On Thursday, April 2nd, 2020
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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 private sector task force to More...