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Dutch Caribbean Business Guides

Deloitte makes bid for implementation of SEI

December 22, 2008 8:08 AM

Consultancy Deloitte takes part in the tender procedure around the implementation of the projects of the Social Economic Initiative (SEI), states Deloitte itself in a press release.

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VBC criticizes council pension

December 22, 2008 8:01 AM

With great indignation, the Business Association of Curacao (VBC) has taken note of the fact that before the Christmas recess, the Island Council of Curacao has forced through an ample pension scheme for former, current, and also future council members and commissioners.

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On our way to new countries

December 18, 2008 11:59 AM

With the signing of the Conclusions of the Test-Round Table Conference (T-RTC) at the naval base in Parera yesterday, all Kingdom parts approved the result of the draft-phase for the political changes in the Kingdom. Next is the implementation-phase, with which the concrete status of the several islands and new countries must gradually become reality.

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Karel Frielink President of Curaçao Bar Association

December 16, 2008 4:05 AM

At the Curaçao Bar Association’s annual meeting held on 12 December 2008, Karel Frielink (Spigthoff) was formally elected to serve as President of the Curaçao Bar Association for a two year-term. He is the successor of Eric de Vries (HBN).

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VBC on price action

December 11, 2008 5:15 AM

The Business Association of Curacao (VBC) finds it ‘short-minded’ when administrators and politicians expect the private sector to lower their prices of goods and services, because the oil products are constantly becoming cheaper on the international market.

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Taxi union wins her case

December 11, 2008 5:12 AM

The judge has put taxi-union Sinusta in the right against Sunny Adventure Tours.  This agency may not pick up tourists from the airport and transfer them to their hotel or elsewhere, because only taxis are allowed to do this, according to the LAW Public Transportation.

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Telegraaf wins case about distribution on ABC islands

December 09, 2008 5:04 AM

De Telegraaf recently won legal proceedings instituted against the publishing house in Amsterdam. Hans Kroeze and Karin Wooning, living in Curaçao, believed after De Telegraaf broke off the negotiations, to already have an agreement with the Dutch newspaper. Notably to print De Telegraaf in Curaçao and to distribute the newspaper in Curaçao and later also to distribute it in Aruba and Bonaire.

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Lawbook change at Advisory Council

December 09, 2008 4:41 AM

The concept-amendment of the Criminal Code was just two weeks ago delivered to the Advisory Council (Raad van Advies), two years after it was presented to Justice-minister David Dick (PAR), says Vice-chairman Frank Kunneman on being asked.

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Churandy-case on January 15

December 04, 2008 6:27 AM

The Courts of Arbitration for Sports (CAS) has again adjourned the hearing of Churandy Martina’s disqualification on the Olympic 200 meter. The hearing in the Swiss Lausanne will now take place on January 15, 2009.

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Columbus is tired of waiting for concession

December 04, 2008 6:09 AM

International cable company Columbus is threatening with legal proceedings if his request for a concession for its subsidiary Columbus Networks Curaçao for international telephony and internet is faced with more delays. According to Telecom-minister Maurice Adriaens (FOL), the international company doesn’t understand why his request that was submitted last year has still not been dealt with.

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203 Million euro debt restructuring on an allocation account

December 04, 2008 3:39 AM

“Now that the Order in Council for the Kingdom (AMvRB) Financial Supervision is settled, the Netherlands is keeping her promise by depositing 203 million euro in a Bank of the Netherlands Antilles (BNA) allocation account on behalf of the payment arrears”, says the Dutch finance-minister Wouter Bos (PvdA) in a letter dated November 28 to the Lower House about the 2008 Budget.

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Political nominations possible in the state settlement

December 03, 2008 5:08 AM

The General Audit Office Netherlands Antilles (Arna) has ‘serious objections’ against the stipulation in article 67 of the concept-state settlement that was copied from the Dutch constitution.

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Back to prison-term for drug couriers

December 03, 2008 5:05 AM

Drug couriers are sentenced to prison-term again now that their passports may no longer be seized.  The Supreme Court decided last week that the ban on travel cannot be imposed, because it is not included in the Antillean legislation.  The couriers that had to appear in the every two weeks Hato-session yesterday were therefore given their passports back afterwards.

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Purpose budget is to retain the confidence

December 02, 2008 4:43 AM

The purpose of the concept-budget 2009 is to retain the regained confidence in Curacao, said Finance-commissioner Mike Willem ((PAR) this morning at the opening of the consideration of the Island-budget 2009. The opposition didn’t agree with Willem’s statement and criticized the concept strongly.

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Antilles also part of EU-data center shipping

December 02, 2008 4:07 AM

In consultation with the Netherlands Antilles and Aruba as members of the Countries and Territories Overseas of the EU (LGO), the Netherlands has presented them for participation in the European LRIT-datacenter. LRIT is a worldwide identification- and localization system for shipping that is required since 2008.

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Caribbean bank to yield £200m after unpaid Vat fraud probe

December 01, 2008 6:04 AM

Financial sleuths acting for British taxpayers have won the legal right to recover an estimated £200m in unpaid Vat which is sitting in a Caribbean bank at the centre of an international fraud inquiry. The decision nine days ago by a judge in the Netherlands Antilles island of Curaçao will affect hundreds of British companies that had set up online accounts with the offshore bank to trade in hi-tech goods.

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Shared Central Bank Curaçao and St.Maarten

December 01, 2008 5:39 AM

The new autonomous Caribbean Kingdom countries Curaçao and St.Maarten will get a new, shared central bank and a new currency. This was agreed upon during the political Steering Committee meeting in St.Maarten.

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Transferal of state tasks to start in April 2009

November 27, 2008 10:21 AM

The central government, Curaçao and St.Maarten, have signed a list of decisions about the phased dismantling of the Netherlands Antilles and the construction of the new entities. The transferal of state tasks must be implemented by the State Ordinance and can thus only start in April 2009. Curaçao will take over the tasks in three phases: July/August, September and 31 December 2009.

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Panama Canal chooses financial backers

November 27, 2008 5:47 AM

The first stage of a US$2.3 billion syndicated loan package to finance the expansion of the Panama Canal, a US$300 million loan from the International Finance Corporation, has been announced.

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Court of Appeal denies appeal of Divi

November 27, 2008 4:49 AM

Divi St. Maarten Holding N.V. (“Divi”), the international hotel chain owner and operator had initiated administrative proceedings against the Island Government of St. Maarten, on the basis of damages incurred by Divi as a consequence of the determination by the Island Government as conservation area, of a parcel of land on which Fort Amsterdam, a 400 year old Fort is situated.

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