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...

Financial Safeguards in place for the new St. Maarten General Hospital

PHILIPSBURG — St. Maarten Medical Center (SMMC) has been notified by Italian construction company INSO that its parent company, Condotte d’Acqua (Condotte) has filed for Extraordinary Administration, which More...

World Bank confirms: Dutch want rep in airport management

PHILIPSBURG – It is not like the Netherlands wants to take over the complete management of the airport in exchange for financing of the airport’s rehabilitation, but the Dutch do want to have somebody More...