Archive
THE NETHERLANDS - Air France-KLM has split a new eight-billion order for 50 new aircraft between Boeing and Airbus. The move is part of a plan to renew the fleet of Europe’s largest airline and the order could rise to 110 of the next-generation air
WILLEMSTAD – The Supervisory Board of UTS has given the green light for a partnership with Caribbean Technology Exchange (CTEX). The latter company wants to set up a data center in Curacao and had asked UTS to invest $5 million. The board has now g
THE NETHERLANDS – The Dutch government expects to stop providing finances for implementing the Plans of Approach for the Police and Prisons in Curacao and St. Maarten at the end of 2012. They also expect to end all cooperation programs in education
WILLEMSTAD/GREAT BAY - The Central Bank of Curaçao and St. Maarten has raised the percentage of it’s the minimum reserve requirement from 7.75 percent to 9.75 percent. The regulation took effect Friday and is aimed at the commercial banks, who mus
Trip to catch up with vacationing family cost almost $100,000 St. Maarten – The Canadian Chief of Defense Staff General Walt Natynczyk has spent more than $1 million since 2008 flying on government VIP aircraft as an expensive alternative to re
St. Maarten - Bureau Telecommunications and Post St. Maarten donated two HP servers, a Linksys 4 Bay gig network storage system and a large server rack to the IT department of the Milton Peter College in St. Maarten recently. The data storage system
St. Maarten – Chief Executive Officer of the St. Maarten Harbor Group of Companies Mark Mingo has expressed support for plans by Justice Minister Roland Duncan to implement stiffer penalties for crimes against tourists. He also wants more regulati
THE NETHERLANDS– People who apply for naturalization will soon have to give up their original nationality. The requirement is part of an amendment to the law on Dutch citizenship that was approved by the Kingdom Council of Ministers on Friday. The
“Customer at the heart of everything we do” St. Maarten – “We are determined to put the customer at the heart of everything we do. Everyone in the tourism industry should work on this,” British airways CEO Keith Williams said in his keyn
Helmin Wiels finally got his way and now we’ll have to wait and see how damaging this is for Curacao’s economy. The introduction of the so-called 80-20 law obliges companies to hire at least 80 percent locals for their staff. That this law vio
We’ve been thinking a lot lately about the report card the Vromi-ministry has in mind for the contractors that build and maintain our roads. The impression has been created that the contractors are delivering a lousy job and that the government int
What to do with Devon Otto? The man who killed Civil Registry employee Stanley Gumbs in a case of mistaken identity in 2008 and who is currently serving thirty years for the murder, added two more crimes to his record this week by shooting two inmate
St. Maarten - A Colin Hamer 11 will take on a Romain Doodnauth 11 beginning today for a spot on the national selection that will participate in the Nagico 2011 One Day tournament. The Nagico sponsored tournament begins in eight days. The two selec
News that the Central Bank of Curacao and St. Maarten has increased the reserve requirement for commercial banks should grab every one’s attention. Economists will no doubt have intellectual debates about what it means for the continued economic re