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...
What’s next?
There is a meme on social media depicting COVID-19 as a tsunami wave while behind that wave is a bigger tsunami wave with the name “Recession”. We think this an appropriate way of how we see things developing More...
The Golden Guilder
On St. Maarten, banks and the government are advising the general population to use guilders as much as possible, as a way to save dollars. I agree wholeheartedly with this advice. Here is why. When the dollars More...
THE economy opportunity of the moment
By Cdr. Bud Slabbaert In these difficult times when we know that economic hardships have to be countered and solutions need to be found, there are realistic opportunities. There is one development model that More...
Recommendations for Our Challenging Times Ahead
Dear Editor, In these challenging times, we must come together to help our country of St. Maarten and her people get through yet another crisis. The impact of COVID-19 on St. Maarten likely will be far more devastating More...
Businesses in Philipsburg struggle to survive
GREAT BAY — After a slow start of the tourist high season, several stores and restaurants in Philipsburg have trouble paying this month’s rent. Earlier this year Port St. Maarten and the tourism authorities More...
Real estate agent urges government to resolve Kadaster ‘problem’ immediately
COLE BAY — In an interview with StMaartenNews.com, well-known real estate agent, Arun Jagtiani, founder, owner and broker of Island Real Estate Team lamented the present status of backlogs at the Kadaster More...
COCI: New Businesses Opening while Closures are Down. Prepare for the 2018 Hurricane Season
PHILIPSBURG — St. Maarten Chamber of Commerce & Industry (COCI) Executive Director Anastacio Baker, says that COCI statistics for the 1st Quarter of 2018 compared to the same period in 2017 revealed that More...
Business owners St. Maarten slowly grasping magnitude of Irma
WILLEMSTAD – The inhabitants of St. Maarten continue to feel the effects of hurricane Irma, where the majority of the island is still in a state of emergency. The infrastructure of the island has severely been More...
Economy contracted in second quarter
GREAT BAY – According to the Quarterly Bulletin of the Central Bank van Curaçao en Sint Maarten, the monetary union recorded an economic contraction in the second quarter of 2016 as real GDP dropped in both Curaçao More...
