Exclusive interview with TelEm CEO Kendall Dupersoy
~ "By the hook or the crook, you need to partner with a larger company." ~ PHILIPSBURG – Don't let anybody fool you when it comes to Kendall Dupersoy, the Chief Executive Officer of telecom provider TelEm. He speaks with confidence about his company and does not shy away from tough questions about bonuses and cost-cutting measures, of which he says: More...
A closer look at the effects of pension reform
PHILIPSBURG – Media reports about the reform of the pension system, combined with an advice from financial supervisor Cft have caused some confusion about the real state of affairs. Minister Panneflek announced More...
Caribbean Reform Entity has 59 measures in mind
PHILIPSBURG – The Caribbean Reform Entity (CRE) the Kingdom wants to establish in the face of fierce resistance from St. Maarten, Curacao and Aruba, wants to implement 59 measures in areas that cover government More...
PM Jacobs complaints about State Secretary Knops fall on deaf ears
PHILIPSBURG – Prime Minister Silveria Jacobs complaints about the (alleged) behavior of State Secretary Drs. Raymond Knops in a video conference on June 16 have fallen on deaf ears with Dutch Prime Minister Mark More...
New rules for payroll support
PHILIPSBURG – In a press release dated June 23 the Ministry of Finance has announced new rules for payroll support; they are retroactively effective per June 1. The new rules follow the recommendation by financial More...
Prime Minister Silveria Jacobs sends letter to Prime Minister Mark Rutte
PHILIPSBURG -– On June 16th, 2020, State Secretary Knops held and chaired a meeting regarding several urgent matters, including the conditions for further liquidity support from the Kingdom Council. Prime Minister More...
Payroll-distribution system ignores Cft-advice
PHILIPSBURG – The government – and government-owned companies in its wake – is playing with fire and is putting continued financial assistance from the Netherlands at risk by not following an advice from More...
Many businesses allowed to reopen; adjusted curfew remains in place
PHILIPSBURG – The local economy is coming back to life with a bang after Prime Minister Silveria Jacobs allowed the reopening of most businesses per May 30 with the publication of the “regulation of May 29, More...
PM Jacobs: “Unions should be more reasonable”
PHILIPSBURG – The government’s decision to accept the kingdom’s conditions for liquidity support is not going down well with civil servant and their unions. That much is clear from the meeting the unions More...
No protection for civil servants against lower salaries
PHILIPSBURG – Now that the government has accepted the Kingdom’s conditions for liquidity support, the salaries of civil servants and politicians are up for review: a 25 percent cut in the remuneration of politicians More...
