Search Results for: pension
Buncamper: the fight is legit
PHILIPSBURG — “Their message is fair and it is clear,” said Member of Parliament Claudius Buncamper about the protest by employees that took to the streets on Monday morning to air their dissatisfaction More...
No cruises until mid-September
PHILIPSBURG – Major cruise lines voluntarily extend a suspension of operations out of U.S. ports until Sept. 15, the Cruise Lines International Association announced Friday. The decision followed the news earlier More...
Heyliger-Marten: “Local lenders must show confidence in local businesses”
PHILIPSBURG — At a time when local and global economies are facing economic hardship and the US stock market is showing instability, Faction Leader for the United People’s Party in Parliament, the honourable More...
Financial supervisor Cft critical of 2020 budget
PHILIPSBURG — Financial supervisor Cft has expressed serious criticism about St. Maarten’s approved 2020 budget in a letter to Finance Minister Ardwell Irion dated May 20. The letter became public this More...
Central Bank allows moratorium on all loans
PHILIPSBURG — The Central Bank of Curacao and Sint Maarten already took steps to counter the effects of the corona-virus crisis in March. At least one of these measures seems to be at odds with statements More...
MP Buncamper questions money transfers
PHILIPSBURG – Parliamentarian Claudius Buncamper has asked Finance Minister Ardwell Irion in a letter dated May 27 whether measures will be taken “to slow down or stop the flight of foreign currency.” MP More...
Dutch parliament backs up conditions for liquidity support
THE HAGUE – Members of the Dutch parliament support the conditions State secretary Drs. Raymond Knops has imposed on Aruba, Curacao and St. Maarten for the provision of liquidity support, but some parliamentarians More...
Under duress
By Hilbert Haar Motions are the political banana peel of the political arena. In St. Maarten they seldom result in the desired action expressed in a motion and only in extreme cases (like with a motion of no confidence) More...
Collective lowering of salaries is not that simple
By Hilbert Haar PHILIPSBURG – The kingdom’s demand that the government lowers the salaries of civil servants by 12.5 percent (as a condition for providing liquidity support) promises to result in a heated debate. More...
Brutal package of conditions leaves government little choice
PHILIPSBURG – The Kingdom Council of Ministers had presented a brutal package of conditions for the release of continued liquidity support. Prime Minister Silveria Jacobs has labeled these conditions as an ‘indecent More...
