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Government About To Collect 13 Million From Casino Sector

Parliamentarians happy with withdrawal increased road tax

St. Maarten – By providing the receiver’s office with a mandate, the government is able to collect 13 million in tax arrears from the casino-sector, Finance Minister Richard Gibson said yesterday afternoon during a meeting of the Central Committee where he, as announced on Wednesday, withdrew the draft law to increase the road tax in 2016.

In a brief introduction, the minister told parliament that he would like to make some changes to the draft the previous government had submitted Read more

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St. Maarten Port Inaugurates Gottwald Crane

On the left is the boom of the Terex Gottwald Model 6 Crane and the CMA CGM Container Vessel, the largest to dock at Port St. Maarten, MV Marseille. Photo contributed

St. Maarten – During the inauguration on Saturday of the newly acquired Terex Gottwald Model 6 Crane, and the welcome ceremony for the CMA CGM Marseille Container Cargo Vessel – the largest vessel to operate at Port St. Maarten Cargo Facility – the buzz coming from various stakeholders was about the strategic investments that have been made by Port St Read more

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Position Airport Director Labega Under Pressure

Managing director Regina Labega at her desk at Princess Juliana International Airport. File photo SXM

Court rejects suspension of government-decision

St. Maarten – Starting tomorrow, Regina Labega is no longer authorized to function as the managing director of Princess Juliana International Airport, but it is at this moment uncertain whether she will be removed from her position, her attorney Cor Merx told this newspaper yesterday. “It is unclear what is going to happen on November 13.”

Labega’s position requires a certificate of no objection, but Minister of General Affairs Marcel Gumbs refused to give this to her, based on the result of a screening by the national security service VDSM.

The airport risks a fine of 1,000 up to 500,000 guilders – per violation – if it allows Labega to stay on as managing director Read more

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The Case Against Dollarization

The fact that there is still a discussion on the dollarization issue is somewhat strange to me and not because I think it would the worst thing that can happen to us in St. Maarten but because of the total lack of actual benefits proposed by those supporting dollarization.

The symposium on dollarization organized by the Council on Advice at the University of St. Maarten only confirms what I have believed all along, that dollarization is not a valid option for St. Maarten. Although I am basing my article on what was published in the media since I was unable to attend the actual meeting.

In the media, supporter of dollarization, Mr Read more

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