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Dutch Caribbean Business Guides

Jaarcijfers Ennia nog steeds niet openbaar

October 20, 2016 3:57 PM
WILLEMSTAD — Verzekeraars behoren op 30 juni hun jaarcijfers over het voorgaande jaar te publiceren. Ennia vroeg én kreeg hiervan van de Centrale Bank van Curaçao en Sint Maarten (CBCS) uitstel.

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Suriname sets guidance of 9.25% area on 10-year bond

October 19, 2016 7:44 PM
PARAMARIBO - The Republic of Suriname narrowed the yield offered on its 10-year international bond on Wednesday to 9.25% area, according to one of the lead managers.

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Suriname sets IPTs on US$500m 10-year bond

October 18, 2016 8:06 PM
PARAMARIBO - The Republic of Suriname has set initial price thoughts of 9.5% area on a US$500m bond sale, with pricing expected as soon as Wednesday.

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Aruba stort zich met raffinaderij in onzeker en financieel riskant avontuur

October 10, 2016 10:00 PM

ORANJESTAD - Aruba heeft zich met de recente overname van de sterk vervuilende raffinaderij in San Nicolas enorme financiële risico’s op de hals gehaald, die uiteindelijk in een worstcasescenario ook Nederland zouden kunnen raken.

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New industrial gold mine starts up in Suriname

October 08, 2016 11:51 AM
PARAMARIBO--Surgold, a subsidiary of US mining multinational Newmont Mining Corporation, commenced commercial production at its Merian gold mine in district Marowijne on October 1.

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Central Bank cancels NAf. 26M bond issue

October 08, 2016 10:45 AM
WILLEMSTAD/PHILIPSBURG--The Central Bank of Curaçao and St. Maarten has cancelled the bond issue on behalf of the Government of St. Maarten.

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TelEm Group signs purchase accord to take over Cable TV

October 05, 2016 10:20 AM
PHILIPSBURG --The TelEm Group on Friday, September 30, signed a purchase agreement to take over the ownership of St. Maarten Cable TV from its present owner Innovative.

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Aruba parliament approves reactivation of Citgo refinery

September 28, 2016 2:15 PM
ORANJESTAD - Aruba's parliament late on Tuesday approved a law that permits the reactivation of the Caribbean island's 235,000 barrel-per-day refinery, operated by Citgo Petroleum, the U.S. unit of cash-strapped Venezuelan state oil company PDVSA.

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BP tanker carrying U.S. crude discharged at Curacao after 100-day wait

September 27, 2016 10:30 AM
A tanker carrying over 1 million barrels of U.S. light crude finished discharging on Monday after a 100-day wait related to payment delays from Venezuela's state-run PDVSA to oil major BP Plc, according to Thomson Reuters vessel tracking data.

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Citgo asks PDVSA for $100M for Aruba refinery renovation

September 21, 2016 9:53 PM
ORANJESTAD - Citgo Petroleum, the U.S. subsidiary of Venezuela’s state-owned PDVSA, is reportedly seeking $100 million from its parent company to kick-start initial funding for its planned $685 million refinery renovation project in Aruba.

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Curacao inks deal with China firm to run Isla refinery

September 21, 2016 9:51 PM
WILLEMSTAD - The government of Curacao has signed a preliminary agreement with China's Guangdong Zhenrong Energy to operate the aging Isla refinery and invest some $10 B to upgrade the facility, according to an agreement made public Monday.

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Central Bank to issue bond of NAf. 26 million for St. Maarten

September 21, 2016 9:57 AM
WILLEMSTAD/PHILIPSBURG–The Central Bank of Curaçao and St. Maarten (CBCS) will issue a sinking bond of NAf. 26 million on behalf of the Government of St. Maarten on Wednesday, October 12.

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CARICOM Deepens Regional Partnerships to Address De-risking

September 19, 2016 10:19 PM

ST. JOHN’S, Antigua, Saturday September 17, 2016 – The Caribbean Community (CARICOM) has deepened its partnerships within the region in order to strengthen its efforts to address the withdrawal of correspondent banking services from some regional institutions.

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Chinees bedrijf wil 10 miljard dollar investeren in Curaçaose energiesector

September 19, 2016 3:26 PM
WILLEMSTAD — Guangdong Zhenrong Energy, het Chinese bedrijf waarmee de regering donderdag een Memorandum of Understanding (MoU) heeft getekend, is bereid om 10 miljard dollar te investeren in de energiesector. Dat zei premier Ben Whiteman (PS) gisteren in zijn nationale rede op tv.

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Jamaica Government brewing tax for imported coffee

September 12, 2016 9:39 PM
KINGSTON, Jamaica--Work is going full steam ahead on introducing a tax on all coffee imported in Jamaica. Chief Technical Director in the Ministry of Industry, Commerce, Agriculture and Fisheries Dermon Spence says most of the legislative work to facilitate the move has already been completed.

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Peak Re has 50 per cent stake in NAGICO

September 03, 2016 10:12 AM
 
PHILIPSBURG--Hong Kong-based global reinsurer Peak Reinsurance Company Limited (Peak Re) now has a 50 per cent stake in NAGICO Holdings Limited (NAGICO). Peak Re and NAGICO on Friday announced the completion of the former’s strategic investment of a 50 per cent stake in NAGICO.

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De ‘Uber van de juridische wereld’ op in de City

September 02, 2016 10:16 AM
LONDEN - Advocaat Daniel van Binsbergen richtte De ‘Uber van de juridische wereld’ op in de City , en wil nu ook in Nederland zaken doen. Alleen laat het strikte provisieverbod hier niet toe om online klanten en advocaten te matchen.

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Aruba en Valero sluiten definitief akkoord over overname raffinaderij

August 31, 2016 3:33 PM
ORANJESTAD — De onderhandelingen tussen het Land Aruba, Citgo en Valero zijn afgelopen weekend afgerond. Dat heeft Energie-minister Mike de Meza laten weten. Naar verwachting wordt aankomende woensdag op Aruba een handtekening gezet onder het akkoord, waarmee de olieraffinaderij van Valero in Arubaanse handen komt.

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VBC: Banengroei loopt niet gelk met economische groei

August 31, 2016 2:39 PM
WILLEMSTAD — De ontwikkelingen op economisch gebied in termen van reële economische groei, en de arbeidsmarkt in termen van groei van de werkgelegenheid in de afgelopen tien jaar lopen niet parallel.

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‘Werkgever benadert Marriott-werknemers met beloftes’

August 31, 2016 2:36 PM
WILLEMSTAD — Volgens de advocaten van 91 Marriott-hotelmedewerkers worden veel van hun cliënten de afgelopen dagen buiten de advocaten om, rechtstreeks benaderd door Rif Resort Hotel NV met rammelende contracten en worden er mondeling loze beloftes gedaan over betalingen.

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