Search Results for: pension
Week of meetings scheduled in Parliament for March 4-8, 2019
Parliament of Sint Maarten Monday, March 4, 2019 – OV 23 – 12:00PM The agenda point is: Ontwerp van Landsverordening tot wijziging van de Landsverordening op het notarisambt ten behoeve van de uitoefening van More...
Jardim: “We do our utmost to protect ENNIA’s policyholders”
PHILIPSBURG – The Central Bank will “do its utmost” to protect the interests of policyholders at troubled insurance company ENNIA, but there are no guarantees. That is the message members of the parliamentary More...
A party for the happy few
By Hilbert Haar St. Maarten’s parliamentarians do not have a strong record when it comes to appreciating the contents of critical reports about the functioning of the government or about the dire straits the country More...
IMF: Political stability critical for business investment decisions
PHILIPSBURG – Cumbersome regulations, red tape, weak governance, antiquated tax and labor laws, skill mismatches, restrictive labor markets, high energy costs, infrastructure bottlenecks and political volatility More...
GEBE looks beyond cost cutting measures to the future
PHILIPSBURG – Utilities company GEBE is looking for a new insurance broker after it found out that its pre-Irma insurance covered damages caused by hail and snow but not damages caused by wind speed, the More...
Ennia gets access to Merill Lynch accounts
WILLEMSTAD – Insurance company Ennia will get access to the approximately $124 million held in accounts at Merrill Lynch in New York, United States Bankruptcy Judge Martin Glenn ruled this week. Hushang Ansary, More...
Insel Air on the verge of bankruptcy
PHILIPSBURG – Troubled airline Insel Air came one step closer to bankruptcy this week after the Court in First Instance withheld its approval of the so-called homologation agreement with its creditors. Intercaribbean, More...
Will Ennia’s policyholders pay the price?
By Hilbert Haar Insurance company Ennia is struggling, to put it mildly. Its management and members of the supervisory board, including major shareholder Hushang Ansary, have been fired and the company is now controlled More...
Elsevier bloopers with tax comparison
PHILISPBURG – The Dutch news magazine Elsevier made a serious mistake in an article about the remuneration of parliamentarians in St. Maarten compared to the money Dutch MPs receive. The Antilliaans Dagblad picked More...
Brison: New hospital construction firm INSO facing potential bankruptcy of parent company
Philipsburg — Ferfina S.P.A Group, the parent company of INSO, the construction company contracted to build the new hospital on St. Maarten, has allegedly amassed over US $833 million in debt with an apparent More...
