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Island Financial (322)

Laveist questions capital investments prior to 2012 budget going to Parliament

Written by Staff Reporter 21 February 2012 Published in Island Financial

PHILIPSBURG - What provisions are made for capital investments, stated Member of Parliament of the National Alliance Louie Laveist when questioned on the issue of the 2012 budget which is due to be discussed in a Central Committee meeting on Wednesday.


BTP Curacao advises on Base Rate for GEBE of an average Naf.0,22

Written by Roddy Heyliger 21 February 2012 Published in Island Financial

PHILIPSBURG, Sint Maarten – The Bureau Telecommunications & Post (BTP) of Curacao has advised a base rate of Naf.0,22 with respect to GEBE, the electricity generation company.


Gas price to go up this week

Written by Staff Reporter 21 February 2012 Published in Island Financial

PHILIPSBURG - The Economic Affairs Department announced on Tuesday that due to international affairs the price of gas will be increased again on St. Maarten.


Your Financial Plan for Tomorrow

Written by Jacqueline Bennett 17 February 2012 Published in Island Financial

PHILIPSBURG - Whatever your retirement dreams may be-a comfortable home, free time to spend with your grandchildren, trips around the world- the goals you dream about today could be yours tomorrow, provided you understand what is required to fulfill them; set a course to meet the challenge of doing so and seek solid professional assistance along the way.


First application of Micro financing in the Caribbean Netherlands successfully launched in Bonaire

Written by Carla de Konink-Sira 17 February 2012 Published in Island Financial

BES ISLANDS - On Tuesday, February 14, 2012 the Bonaire Chamber of Commerce (CoC) micro finance project in cooperation with the local banks MCB Bonaire, GIRO bank and RBTT and supported by the Ministry of Economic Affairs, Agriculture and Innovation (EL&I) was successfully launched.


Council of Ministers recieve reports on dollarization from Central Bank

Written by Staff Reporter 17 February 2012 Published in Island Financial

PHILIPSBURG - Reports regarding topics such as Dollarization and the splitting up of the Central Bank, have been presented by the Central bank of St. Maarten and Curacao to the Council of Ministers of St. Maarten this week.


Financial institutions need to help fund capital investment projects says Deputy Minister

Written by Staff Reporter 17 February 2012 Published in Island Financial

PHILIPSBURG - The refinancing of the loan for the Harbor and the Simpson Bay Bridge has been approved.


Central Bank warns of dwindling reserves

Written by Staff Reporter 15 February 2012 Published in Island Financial

PHILIPSBURG, Willemstad - The countries of St. Maarten and Curacao are still facing the problem of dwindling foreign reserves.


The Budget of the Corporate Governance Council?

Written by MP George Pantophlet 15 February 2012 Published in Island Financial

PHILIPSBURG - Member of Parliament George Pantophlet said he had asked Minister of Finance Hiro Shigemoto what he thought should be the actual budget of the Corporate Governance Council (CGC).


President of the Central Bank Tromp Meets Tax Reform Workgroup

Written by Roddy Heyliger 14 February 2012 Published in Island Financial

PHILIPSBURG, Sint Maarten – Representatives of the Tax Reform Workgroup led by Sissy Gonzalez-Fung met last week Wednesday with the President of the Central Bank of Curacao and Sint Maarten (CBCS), Dr. Emsley Tromp and colleagues to brief the President on progress and incorporate the President's input into the reform exercise, disclosed Minister of Finance Hon. Hiro Shigemoto.



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