Detective to spend another 8 days in pretrial detention
PHILIPSBURG:--- Detective J.G. who was arrested on July 4th by members of the National Detectives will spend another 8 days in pretrial detention as the investigation continues. G. is suspected of accepting bribes, forging documents and breach of ...
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www.smn-news.com
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Dear Reader
There is a hole in our economy somewhere.
A hole leading to economic leakage.
The insurance companies collectively have paid out almost a billion dollars in insurance settlements on St. Maarten.
Yet we don't see that reflected in the economic activity on the island.
If you pump a billion dollars into a small island economy like St. Maarten, you are supposed to see a huge boost in economic activity on the island. Also an increase in turnover tax revenues.
We don't see it.
That tells us that there is an enormous leakage of cash in our economy.
In other words, that money is not being spent on our island.
That money is going somewhere else.
Capital flight?
Where to?
How?
Something to think about over the weekend.
Best regards,
Terrance Rey
The Publisher
StMaartenNews.com
PS: Email
info@stmaartennews.com to request us to sign you up for a
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StMaartenNews.com Top Stories
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Dutch & French Departments of Culture Hold Historic Meeting
Marigot - The Department of Culture within the Ministry of Education, Culture, Youth and Sport (MECYS) on Sint Maarten and the Department of Culture within the Overseas Collectivité of St. Martin held a historic meeting on July 10, 2018....
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stmaartennews.com
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World Youth Skills Day on July 15
Great Bay - St. Maarten - On July 15th, 2018, young people worldwide will be celebrating the international World Youth Skills Day (WYSD. The United Nations General Assembly designated the international day in order to raise awareness on the...
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stmaartennews.com
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NV GEBE announces partnership with Sports & Olympic...
The St. Maarten Olympic National Team is headed to Barranquilla, Colombia with the St. Maarten Promising Athletes on July 18 to August 3, 2018, to represent St. Maarten in four sport disciplines. "NV GEBE is honored to support these athletes who...
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www.soualiganewsday.com
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StMaartenNews.com Feature Columns
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Understanding our Parliamentary Democracy Government...
The nullifying of the political crises/dilemma ~ By Political Analyst, Julio R. Romney ~ With the swearing in of the Council of Ministers on June 25, 2018, the ruling United Democrats/St Maarten Christian Party coalition government found itself in...
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stmaartennews.com
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Conversations while swimming
by Chris Morvan The woman I'm talking to is almost naked and so am I. So is everyone else in the vicinity, for that matter. But the woman and I can't see much. Just each other's head, really, and arms wafting around. The rest is a dull,...
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stmaartennews.com
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Letter to the Editor: The power of banks
Dear Sir: The Central Bank of Trinidad and Tobago has just raised its REPO, which is a signal to the commercial banks to raise their lending rates. Though the inflation is very low the reason for this given by the Central Bank is to keep in step...
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wp.caribbeannewsnow.com
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StMaartenNews.com Entertainment News
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Posh Productions Presents Pageantry Plans for Carnival 2019
PHILIPSBURG - On Tuesday, July 10th, 2018, in the conference room at the House of Parliament, Anna Richardson, the director of Posh Productions presented the organization's pageantry plans for Carnival 2019 as a part of the St. Maarten's golden...
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stmaartennews.com
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StMaartenNews.com Public Works News
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School Bus Annual Inspection Starts on July 30
GREAT BAY - Sint Maarten (DCOMM) - The Inspectorate of Tourism, Economic Affairs, Traffic and Telecommunications (TEATT), Section School Bussing, announces that the Annual School Bus Inspection will take place from July 30th to August 2nd, 2018....
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stmaartennews.com
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Front Street to be closed on Friday for beautification works
GREAT BAY - Sint Maarten (DCOMM) - Ministry of Public Housing, Environment, Spatial Development and Infrastructure (Ministry VROMI), announces that Front Street will be closed to vehicular traffic on Friday, July 13 for infrastructure...
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stmaartennews.com
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Reminder Annual hurricane season clean-up underway
GREAT BAY, (DCOMM) - Ministry of Public Housing, Environment, Spatial Development and Infrastructure (Ministry VROMI), hereby informs the community that the annual hurricane season clean-up continues in the month of July by the various waste...
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www.soualiganewsday.com
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StMaartenNews.com Community News
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WIB Staff donate license plates to Animal Welfare Foundation
SINT MAARTEN (PHILIPSBURG) - The Staff of Windward Islands Bank donated their 2017 license plates to the St. Maarten Animal Welfare Foundation. The St. Maarten Animal Welfare Foundation is a non-profit organization with dedicated volunteers and...
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www.soualiganewsday.com
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Business Professional Women of Concordia Ceremony
ST. MARTIN (MARIGOT) - Business and Professional Women (BPW) Concordia St. Martin annual Candle lighting ceremony was held on July 7th 2018, at the CCISM in Marigot. 'The Candle Lighting Committee chaired by Ms. Natasha Ortega would like to thank ...
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www.soualiganewsday.com
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WIB Supports "Back to School Drive"
SINT MAARTEN (PHILIPSBURG) - The Windward Islands Bank Ltd. (WIB) supports the "3 rd annual Back to School Drive" spearheaded by student Ki-Mani Olivacce, who has called upon the community to donate school supply items for children in need. WIB...
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www.soualiganewsday.com
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Parliament invites the public to nominate persons for...
PHILIPSBURG, Sint Maarten - Parliament invites the public to send in nominations for the Annual President of Parliament Award. The application documents are on the Parliament's website. Persons have until August 15, 2018 to submit their...
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721news.com
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StMaartenNews.com Curacao News
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Ailing InselAir to announce new strategic partner next week
WILLEMSTAD - The ailing local airline InselAir will know next week who its new strategic partner will be. The Minister of Economic Development Steven Martina has a choice of four candidates. The intended lender gets 49 percent of the shares, the...
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curacaochronicle.com
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Teacher Training Program in Primary Education (LOFO) ...
WILLEMSTAD - On July 11, 2018, the General Faculty of the University of Curaçao Moises da Costa Gomez (UoC) received the joyful message that the Bachelor's degree in Teacher Training (LOFO) has again been positively assessed by the Dutch Flemish...
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curacaochronicle.com
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StMaartenNews.com Culture News
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Young United Women book club launched
ST. MARTIN (MARIGOT) - Reading is universal, no matter what gender, age, or social setting. When we read, our minds open, but there are also today, a variety of genres directed specifically to young people. It is through the dynamism and...
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www.soualiganewsday.com
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Registration Now Open for EXPO section at #SPORTSMATTER...
SINT MAARTEN (POND ISLAND) - The Ministry of Education, Culture, Youth and Sport in collaboration with the National Sports Institute (NSI) is happy to announce to all Sport, Fitness and Healthy Lifestyle Businesses on the island that the...
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www.soualiganewsday.com
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StMaartenNews.com Business News
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CARILEC continues to promote renewable energy in the region
SINT MAARTEN/ST. LUCIA - The Caribbean Electric Utility Services Corporation's (CARILEC) training department is currently facilitating a programme in photovoltaic systems. The course, officially entitled "Certified Solar Photovoltaic Systems...
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www.soualiganewsday.com
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First in-house Taxation Risk Seminar July 23-27
PHILIPSBURG - The manager of Prudential Tax Services formerly known as Prudential Small Business Services, Natasha Manuela-Gumbs hereby invites the business community of Sint Maarten to attend an important Tax Seminar for the week July 23-27,...
Read more
www.soualiganewsday.com
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Benjamin & Parker Risk Auditors highlight difficulties...
SINT MAARTEN/COLOMBIA - Benjamin & Parker's (B&P's) Regional Director has been visiting Sint Maarten patients in Colombia when in Cali and has spoken too many that disclosed several inconveniences that they are confronted with after they are at...
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www.soualiganewsday.com
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WIB Cole Bay Branch Closure as of July 16
COLE BAY - The Windward Island's Bank (WIB) via the following notice announces the closure of its Cole Bay branch. Read for more details.
Read more
www.soualiganewsday.com
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StMaartenNews.com Sports News
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NAGICO sponsors St. Maarten Sports & Olympic Federation...
PHILIPSBURG:---The St. Maarten Sports & Olympic Federation (SMFOF) team received a generous sponsorship courtesy of NAGICO Insurances on Wednesday, to facilitate their upcoming travel to compete at the 2018 Central American & Caribbean Games in...
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www.smn-news.com
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France vs Croatia, World Cup 2018 final: What time?
Your 2018 World Cup final between the international football teams France and Croatia. This year, the 21st World Cup final will be held on Sunday, July 15, 2018. The final will kick off at 4pm BST. That's 6pm local time if you're in Russia.
Read more
www.telegraph.co.uk
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StMaartenNews.com Health News
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Children with genetic spinal disease entitled to medicine
An expensive spinal muscular atrophy medicine for children will be covered for by Dutch health insurance from August. The NOS reported on Thursday that health minister Bruno Bruins has agreed an 'acceptable price' with manufacturer Biogen for the ...
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www.dutchnews.nl
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CPS: Stay cool and hydrated during extremely hot weather
GREAT BAY - Sint Maarten (DCOMM) - Heatwaves are among the most dangerous of natural hazards that have a significant impact on society, Collective Prevention Services (CPS), a department in the Ministry of Public Health, Social Development and...
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stmaartennews.com
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CPS Advises: Ensure your Vaccination Status is Up to Date
GREAT BAY - Sint Maarten (DCOMM) - Considering circulated news about various infectious and vaccine preventable diseases internationally and regionally, citizens are requested to take preventive actions. There have been international reports and...
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stmaartennews.com
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CPS Men's Health 2018: Living a healthier life and more...
GREAT BAY - Sint Maarten (DCOMM) - The lack of physical activity is seen as a health threat. According to the World Health Organization (WHO), around the world, not enough people are active; one in four adults and four out of five adolescents are ...
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stmaartennews.com
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Review LuminAID Packlite Max, a Solar Powered Phone Charger
ST. JOHN'S ESTATE - The Wizards, specializing in computer repairs and onsite services, is now the official reseller for an environmentally-friendly product that has a very unusual feature: A solar powered LED lantern that is a phone charger as...
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stmaartennews.com
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StMaartenNews.com Dutch Caribbean News
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Dutch Cabinet invests in infrastructure and poverty in BES
SABA/ST. EUSTATIUS - The Cabinet has made an amount of EUR 30 million available to invest in Bonaire, Saba and St. Eustatius. The cabinet submits the priority in improving the economic perspective in the Caribbean Netherlands, among others by...
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www.soualiganewsday.com
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Health insurance office BES signs agreement with FKBO ...
SABA/ST. EUSTATIUS - The "Wet Maatschappelijke Ondersteuning (Social Support Act, WMO) which is applicable in the European Netherlands, doesn't exist on the BES Islands. The Health Insurance Office BES (ZVK) however, considers it very important...
Read more
www.soualiganewsday.com
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Bonaire to hosts Kingdom Judicial Four-party Meeting
SINT MAARTEN/BONAIRE - Minister Ferdinand Grapperhaus (Justice and Security) will visit Bonaire from Monday July 16th and Tuesday 17th for the "Justitieel Vierpartijen overleg (JVO)". During the meeting he will speak with the ministers of Justice ...
Read more
www.soualiganewsday.com
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Yes - 63%
No - 13%
No, I do all my banking online - 25%
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St. Maarten is filthy. Do you agree?
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StMaartenNews.com - Regional News
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Court case against St Kitts-Nevis opposition leader dropped
By Caribbean News Now contributor BASSETERRE, St Kitts - High Court judge, Justice Trevor Ward, ruled on Friday afternoon that the civil suit brought by local resident, Cuthbert Mills, against St Kitts and Nevis leader of the opposition, Dr...
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wp.caribbeannewsnow.com
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Denver businessman and Dominican native has a plan ...
DENVER, Colorado - In September 2017, five days after the Category 5 Hurricane Maria that demolished the Caribbean island of Dominica, Elvis Edwards went back home to help his community. During the aftermath, he witnessed total chaos and saw...
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Bahamas, St Kitts-Nevis and USVI added to EU tax haven list
By Caribbean News Now contributor BRUSSELS, Belgium - Despite a last-minute effort by deputy prime minister and minister of finance, Peter Turnquest, and minister of financial services, Brent Symonette, to prevent the country's blacklisting, The...
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wp.caribbeannewsnow.com
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StMaartenNews.com Advertisement
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StMaartenNews.com Online News Stories
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Food distribution continues 10 months post Irma.
Collectivity to repair 280 homes plus schools~ MARIGOT:--- The Vice President responsible for Education and Social Affairs Anniek Petrus said that the department of Social Affairs continues to distribute food items 10 months after hurricane...
Read more
www.smn-news.com
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Let's Cruise - Eastern, Western, Southern Caribbean...
Lets-Cruise.co is offering cruise vacations on the best and biggest cruise ships in the world with brand name cruises and destinations in the Eastern, Western and Southern Caribbean, Alaska, Europe and the Mediterranean, ...
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www.lets-cruise.co
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Smith to NIPA Graduates: Economy needs you to rebuild
PHILIPSBURG:--- The Minister of Education, Culture, Youth and Sports, Honorable Wycliffe Smith, congratulated the 2018 Graduating Class of the National Institute of Professional Advancement (NIPA) on Thursday evening at the Belair Community Centre.
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www.smn-news.com
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Trinidad and Tobago minister hospitalised; relieved of duty
By Youri Kemp Caribbean News Now associate editor ~ PORT OF SPAIN, Trinidad - In less than three months after being appointed to her third Cabinet post by Trinidad and Tobago Prime Minister Dr Keith Rowley, minister for...
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wp.caribbeannewsnow.com
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Regional bank to acquire Deutsche Bank's banking activities
HAMILTON, Bermuda - The Bank of N.T. Butterfield & Son Limited has entered into an agreement to acquire Deutsche Bank's banking and custody business in the Cayman Islands, Jersey and Guernsey, which provides services primarily to financial...
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wp.caribbeannewsnow.com
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Letter: Fake tourism news and sloppy journalism...
Dear Sir: The field of journalism has developed an increasingly bad reputation in recent years though, if truth be told, the origins of this go back to the invention of the printing press. But the growth in recent decades of tawdry tabloids full...
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wp.caribbeannewsnow.com
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Commentary: CARICOM skin in the Haiti game
By Sir Ronald Sanders ~ Haiti's current fiscal problems that led to four days of riots setting back the country's already fragile economic and political stability, have implications for Caribbean Community and Common Market countries (CARICOM) that..
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wp.caribbeannewsnow.com
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UK government signs contract for youth development...
BRIDGETOWN, Barbados - Colleen Wainwright, the head of the UK's Department for International Development (DFID) in the Caribbean, recently met with Robin Todd from Mott MacDonald to discuss the British government's new four-year programme to...
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wp.caribbeannewsnow.com
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OECS environment ministers agree on unified approach to...
BRADES Montserrat (GIU) - The Organisation of Eastern Caribbean States (OECS) fifth Council of Ministers of Environment and Sustainability (COMES5) meeting concluded on Wednesday in Montserrat, with ministers of environment identifying several...
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wp.caribbeannewsnow.com
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Weather Forecast: Saturday to Monday
Airport Rd. # 114, Simpson Bay (1-721) 545-2024 or (1-721) 545-4226 Fax: (1-721) 545-2998 E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it. PUBLIC WEATHER FORECAST FOR ST.
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StMaartenNews.com Dutch News
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Police used Taser on 73-year old man with dementia
Dutch police have been criticised after using a Taser on a 73-year-old man with dementia, in breach of protocol, reports the NOS on Friday. It is believed to be the first time that such a device has been used inside a nursing institute in the...
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www.dutchnews.nl
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Retailers lose millions as automated payments system fails
Dutch retailers lost millions of euros on Thursday evening as the nation's automated payments system PIN went down for 90 minutes. The situation was made worse because Thursday is the evening shops are open until late in many Dutch cities, public ...
Read more
www.dutchnews.nl
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The sun king? Dutch royal reveals he can't have solar panels
King Willem-Alexander has revealed that he has more in common with some of his subjects than you might think: he, too, has been refused planning permission because his house is designated a monument. RTL Nieuws reported on Thursday that the Dutch ...
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www.dutchnews.nl
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SXM Daily News - 13 Jul 2018
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Book your summer vacation with AirSXM
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Ready to plan your summer vacation trip? Search for flights, hotels, car rentals and vacation packages online on AirStMaarten's booking site.
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