Solution or no solution: what does it mean for the ENNIA policyholders in St. Maarten?
PHILIPSBURG — Finance Minister Marinka Gumbs made clear during a meeting of Parliament in June that the Outline Agreement as a solution for troubled insurance company ENNIA is not the best solution for St. More...
Minister Irion: Solution for Ennia becomes unattainable if not all parties agree
PHILIPSBURG — Refinancing of the corona liquidity loans hinges on an agreement about a solution for embattled insurance company Ennia. The deadline to reach an agreement is October 15. “This agreement remains More...
MP Heyliger-Marten questions Minister Irion about tax holidays
PHILIPSBURG — “It is important to get an idea of what the government’s actions and policies have been and currently are with regard to tax holidays and other fiscal incentives,” independent MP Grisha More...
A recipe for financial disaster
The intention to appoint two full-time directors at the Cadastre next to the managing director that is already in place has raised serious concerns with at least one Member of Parliament, the formidable Grisha More...
Cft satisfied with intended budget amendments
PHILIPSBURG — The government expects a budget surplus of 4 million guilders ($2.2 million) in 2024, 9 million ($5 million) in 2025 and 15 million ($8.4 million) in 2026. This projection appears from a letter More...
Government to collect tax from guests booking via AirBnB
“No additional laws are required to collect taxes related to Airbnb, those taxes can be collected under the current tax system,” said Finance Minister Ardwell Irion during the 2023 budget debate in Parliament, More...
Miedema? Dutch government has never heard of him
PHILIPSBURG — The Ministry of Home Affairs and Kingdom Relations does not know Jacob A. Miedema, the representative of a Dutch consortium that claims to be negotiating the refinancing of St. Maarten’s liquidity More...
Mysterious Dutch consortium interested in refinancing St. Maarten’s debt
PHILIPSBURG -- Independent MP Grisha Heyliger-Marten has lit the fire under a discussion about the refinancing of debts that include Dutch liquidity loans and possibly also the loan from the European Investment More...
Discrimination to the fullest
Dear Sir/Madam, With regards to your Corporate Governance Supervisory Board Member Traineeship advertisement, I find that your requirements are highly discriminatory. You have excluded members of our territory More...
Lofty words but hardly any deadlines in policy plan for 2022
PHILIPSBURG — The draft 2022 budget closes with a deficit of 124.1 million guilders ($69.3). No surprises there. Revenue is projected to be 409.3 million ($228.7 million) and expenditures 533.5 million ($298 More...