St. Maarten issues bond loan
PHILIPSBURG — St. Maarten will issue a bond loan of 60,854,000 guilders against 3.4 percent interest on November 10. The duration of the loan is 20 years. The subscription to the loan opens on November 2 More...
Kingdom puts liquidity support on hold
PHILIPSBURG / THE HAGUE — St. Maarten has started to pay out vacation allowances without a positive advice from financial supervisor Cft and without permission from the Kingdom Council of Ministers (KCoM), More...
In the doldrums
By Hilbert Haar The World Bank has finally sounded the alarm over the progress and viability of the airport reconstruction project. At the center of its concerns are attempts by the airport-holding’s board to More...
Emmanuel: Dutch gave preview of COHO with latest demands
~ Government should meet urgently, float bond ~ GREAT BAY — Independent Member of Parliament Christophe Emmanuel on Friday night said that he has no qualms with the COHO deal not seeing the light of day, More...
Now or never: Knops demands hard guarantees in exchange for liquidity support
PHILIPSBURG – The Jacobs-government is facing a tough couple of days. Monday is the last opportunity to create sufficient political support for an agreement with the Kingdom about continued liquidity support. More...
Central Bank postponed 40-million bond issue
PHILIPSBURG – The Ministry of Finance has sent a reminder to the Netherlands about a 40 million-guilders loan financial supervisor Cft approved in August of last year. While the Netherlands has a “current subscription” More...
Brutal package of conditions leaves government little choice
PHILIPSBURG – The Kingdom Council of Ministers had presented a brutal package of conditions for the release of continued liquidity support. Prime Minister Silveria Jacobs has labeled these conditions as an ‘indecent More...
Liquidity support still up in the air
PHILIPSBURG – The government is still in a bind about the liquidity support it is expecting from the Netherlands for 2018 and 2019. But so far, St. Maarten has not met the conditions the Kingdom Council of Ministers More...
MP Rolando Brison submits draft initiative law on UTS
LOGIN TO READ MORE... THIS IS A PREMIUM ARTICLE. YOU NEED AT LEAST YEARLY SUBSCRIPTION TO ACCESS THIS ARTICLE. ... Some articles or portions of articles are restricted exclusively for our registered members and More...
PM William Marlin clarifies the position of Sint Maarten
PHILIPSBURG – Prime Minister William Marlin said on Sunday afternoon following a phone call from Minister Ronald Plasterk, that it is not right for the Dutch government to hold the people of Sint Maarten hostage More...
