Draft COHO-law hits another stumbling block
PHILIPSBURG — Contrary to earlier optimistic reports, the draft consensus kingdom law COHO (Caribbean Development and Reform Organization) is not ready to be sent to the parliaments of the four countries More...
CIBC FirstCaribbean to sell its banking assets in four OECS countries and Aruba
Bridgetown, Barbados 12th October 2021. FirstCaribbean International Bank Limited has announced that its wholly-owned subsidiary, FirstCaribbean International Bank (Barbados) Limited (“FCIB More...
St. Maarten shows strong growth in stay-over arrivals
PHILIPSBURG — The COVID-19 pandemic has brought the tourism industry to its knees, but the latest numbers issued by the Caribbean Tourism Organization (CTO) show that St. Maarten is getting out of this slump More...
Aruba’s decision to borrow locally is “the same as printing money”
PHILIPSBURG – Aruba has reportedly a deal with a consortium of local banks for a loan in an attempt to get away from the conditions the kingdom has attached to the provision of liquidity support. Prime Minister More...
Dutch intervention in Aruba with RST and National Detective Agency raises eyebrows
PHILIPSBURG – Alarm bells ought to go off in the Council of Ministers after learning of the Dutch demand that Aruba gives the RST (Detective Cooperation Team) and the National Detective Agency the authority to More...
Knops issues tight deadlines for liquidity support conditions
PHILIPSBURG – Government and Parliament will have their hands more than full in the next couple of weeks now that State Secretary Drs. Raymond Knops has released the detailed conditions for continued liquidity More...
Knops: “We need to take measures to safeguard autonomy”
THE HAGUE -- The meeting of the Kingdom Council of Ministers did not result in any decisions about the establishment of the consensus Kingdom law Caribbean Reform Entity (CRE). State Secretary Knops made clear 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...
New conditions for liquidity support are still unclear
THE HAGUE – St. Maarten, Curacao and Aruba are quite prepared to implement reforms, but not as fast as the Dutch government demands, the NOS reports. The tempo the Netherlands demands in exchange for assistance More...
Just Imagine……
Recently, businessman and political commentator, Michael J. Ferrier, wrote a letter to the editor asking “We are all in this together, right?” and in his article, he referenced an opinion piece published More...
