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Dutch Caribbean Business Guides

Negotiations with Jamaica postponed

November 27, 2008 4:35 AM

The negotiations regarding a fiscal treaty between the Netherlands Antilles and Jamaica have been postponed. So reports the State Secretary of Finance Alex Rosaria.

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High Council annuls travel ban again

November 27, 2008 4:30 AM

The High Council has annulled the travel ban for convicted drug traffickers again yesterday because the current Antillean legislation does not permit such a travel ban.

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Governing Body (BC) must bend to Knip option

November 27, 2008 4:25 AM

The Governing body has to give it’s opinion about the option which has currently been taken by the foundation Stichting Particulier Fonds Cori about a piece of property at Grote Knip. That is what the judge found yesterday after handling the case which developer Randy Neuman brought on against the island territory.

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Janssen de Jong acquires 49 percent in airport

November 27, 2008 4:09 AM

While share sales in the airport by Alterra and A-Port have encountered problems, shareholder Janssen de Jong has in all secrecy enlarged its interest to 49 percent. This transaction has in the meantime been finalized, confirms Clift Christiaan, managing director of Curaçao Airport Holding (CAH).

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Dutch Caribbean Court Decision in telecom case

November 26, 2008 10:12 AM

Scarlet about to enter telecom market in Sint Maarten - On 18 November 2008, the Administrative Court in Sint Maarten ruled that the Executive Council of Sint Maarten was not authorized to refuse Scarlet a business license for the provision and operation of international telecommunications services in Sint Maarten.

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Close look at Apna-policy

November 25, 2008 4:52 AM

Upon request of Minister Ersilia de Lannooy (Finance, PNP), the Bank of the Netherlands Antilles has been investigating the procedures, decision-making processes, figures and policy choices of the General Pension Fund of the Netherlands Antilles (APNA).

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Good corporate government for Land Curacao

November 24, 2008 6:27 AM

The current Governing Body (BC) of Curacao would like to see government bodies function transparent and with integrity in the new autonomous Land Curacao, said commissioner Mike Willem (Finance, PAR) during the seminar ‘Integrity- and Risk analysis in Government-enterprises: from attention to necessity’ that was held in the Koetshuis of the Avila Beach Hotel last week Thursday in cooperation with KPMG.

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Island Council backs statute -laws

November 24, 2008 5:56 AM

A council majority has approved three concept-statute laws on Friday. These statute laws must in the future regulate the Common Court, the Public Prosecutor, and the Council for Law enforcement. The mutual regulation detention-capacity and the decision-list of the Political Steering committee political changes were also approved during the meeting.

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Rosaria on Antillean Int. Financial sector

November 24, 2008 4:45 AM

During his opening speech at the Round Table Conference for the Antillean International Financial sector (RTC-F), state secretary Alex Rosaria (Finance, PNP) emphasized that there is no local reason or room for panic among financial service providers, because this sector doesn’t only have a solid foundation, but partly thanks to a good diversification, it also endured the ravages of time. He also mentioned the first class supervision that guarantees the integrity.

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Van Lanschot buys ING private banking

November 13, 2008 4:34 AM

Van Lanschot Bankers has reached an agreement with ING Bank on the takeover of the private banking division of ING Bank NV in Curaçao by Van Lanschot Bankers (Curaçao) NV. ING Bank will continue the wholesale banking activities in Curaçao.

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Reference Index off

November 11, 2008 3:49 AM

The Reference Index Antilleans (VIA) is off, announced Minister Ella Vogelaar (Living, Districts, and Integration, PvdA) this morning during a press conference in Fort Amsterdam. Vogelaar says that she has established that there is amongst the Antilleans ‘tactically very wide resistance’ against the separate registration of Antillean high-risk youth in the Netherlands, and has understood that this is experienced as a very painful symbol.

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Court in line with Aqualectra

November 04, 2008 3:51 AM

The Court of First Instance gave an accelerated judgment yesterday afternoon in the case of utility company Aqualectra against the island government. The Court, which would originally rule on November 4, now gives parties the opportunity to come to a settlement. Parties have to notify the Court Thursday at the latest whether they have solved the matter together. If the two parties do not reach a consensus before the deadline, the final judgment will follow on Monday, November 10.

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"Euro parliamentary voting right in Kingdom consensus'

October 30, 2008 7:49 AM

The Senate has accepted the expansion of the voting rights for the European Parliament in the Electoral Laws to all Dutchmen living in the Netherlands Antilles and Aruba without needing to vote on it. The CDA-fraction in the Senate wants to include the European Parliamentary voting rights in the (consensus-) Kingdom Act within the next three years.

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Dismissals at Citco

October 30, 2008 4:38 AM

The worldwide financial crisis is especially affecting the hedge-and mutual funds companies on the island. This afternoon Citco called its personnel together. Insiders reported that it would be announced that dozens of people would be fired.

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Bijleveld clears up voting right

October 28, 2008 7:37 AM

The members of the CDA fraction in the Upper House still had some questions regarding the granting of voting rights for Antilleans and Arubans for the Euro parliament.

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Riffort wins case against Manhattan

October 28, 2008 6:59 AM

Head contractor Manhattan must immediately lift the retention. This was the decision of the summary proceedings. The judge attached a penalty payment of 100.000 guilders a day to the sentence.

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AJZ: Taking away the seat of a convicted politician legally difficult

October 27, 2008 6:00 AM

From a democratic point of view, there ought to be little possibilities to end the mandate that an elected representative of the people had received from the voters, in a different way than through elections. It is otherwise an infringement of the democratically obtained mandate, says the General and Judicial Affairs department as a result of a convicted politician retaining his/her seat, as included in the new state settlement.

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Betrian pleads for diversification economy

October 23, 2008 4:49 AM

The current financial crisis on the international market proves once again that the economy must not be dependent on just one sector, says Stanley Betrian, chairman of the Social Economic Council (SER).

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CDM does not acknowledge claim

October 23, 2008 4:38 AM

In a reaction on the verdict in the case instituted by three Cuban dockworkers, Commissioner Eugène Rhuggenaath (PAR) said before TeleCuracao yesterday that the Curacao Dry-dock Company (CDM) does not acknowledge the 80 million dollar claim that an American judge imposed last Monday.

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Claim running into millions because of bottles of water

October 22, 2008 7:46 AM

Liability with regard to broken off negotiations. That is what, in summary, the matter of Packers Provisions Curaçao (Kortijn Ice Company) against Aqualectra is about.

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