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Heyliger's bribery allegations have a long (family) history

PHILIPSBURG - "What they did to his grandfather they are now doing to Theo." That line, spoken in Parliament by United Democrats MP Franklin Meyers sums up the sentiment in the political arena about the legal troubles of Theo Heyliger, by now the ...

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stmaartennews.com
Dear Reader

Yesterday we received and email with the headline "The coming retirement crisis will be UGLY".

According to the email, recent studies confirm that most Americans are not prepared for retirement. Depending on the assessment, the percentage of people who will not be ready to retire is between 66% and 80%. This is scary, considering what it will do to the quality of life in people's golden years.

It was argued that much of this problem comes from changing policies with corporations (that no longer give adequate pension plans or job security), as well as shifting government policies that favor wealth builders and investors more than the working class.

This made us wonder about the situation in St. Maarten. Pensioners are complaining heavily about their situation here on St. Maarten. WIFOL union leader Theophilus Thompson is quoted in today's edition of our newsletter as saying that he is of the opinion that pensioners should not be paying wage taxes or income taxes . We wonder indeed how pensioners are surviving with their meager pensions while the cost of living is ever on the rise here on St. Maarten.

These thoughts gave rise to a number of questions.

1.) Will we have enough money needed to retire at the lifestyle in which we are accustomed?

2.) With the pension age on the rise, when is the right time to quit and retire?

3.) How can we financially prepare for retirement? What money saving and investment strategies can we implement to prepare for retirement?

4.) How can we survive during retirement if we still have debts to pay? For instance, like a mortgage? Or a car loan?

5.) What means are at our disposal to generate extra income to survive financially during retirement age while still having to pay taxes?

6.) How can we protect ourselves against the high costs of healthcare during our retirement age?

7.) How can we care for and support our family members during our retirement age?

The last question might have to be: Are our family members prepared to care and support us pensioners during our retirement age?

At the rate things are going here on St. Maarten, as a pensioner you will certainly need to depend on your family members for care and support.

But that shouldn't have to be the case.

Do you agree?

Email us and let us know your thoughts as well on this issue.

In the meantime, do have a great week.

StMaartenNews.com

PS: For a taste of the Caribbean, visit the latest addition to the list of restaurants in Simpson Bay: NICK'S CAFE. Open for Local Breakfast, Lunch & Dinner, Mondays to Saturday; but closed on Sundays. Visit Nick's Cafe Facebook Page online at https://www.facebook.com/Nickscafesxm.

Testimonials:
Duncan van Heyningen: " Had an awesome lunch at Nick's Cafe in Simpson Bay today. Thumbs up!! I had creole grouper filet with white rice and stewed kidney beans. Was good!!"

Keyla van Heyningen: "I had steam fish and fungi. It was amazing. Five stars from me!"

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StMaartenNews.com Feature Articles
MP Rolando Brison submits draft initiative law on UTS

PHILIPSBURG - On April 11 MP Rolando Brison informed StMaartenNews.com that he has submitted a draft initiative law about the sale of the United Telecommunications Services (UTS) N.V. shares that are owned by the St. Maarten government. St....

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stmaartennews.com
Information about the sale of UTS to Liberty Latin America

WILLEMSTAD - A press release from the Ministry of Traffic, Transportation and Spatial Planning (VVRP) in Curacao on March 26, 2019, contained a letter from the Minister of VVRP, Zita Jeus-Leito, to Liberty Latin America (LLA) on the sale of...

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stmaartennews.com
C&W expands capabilities in Dutch Caribbean through UTS

C&W expands capabilities in Dutch Caribbean through combination with UTS Improving customer experience and delivering world-class connected entertainment Bringing long-term investment and innovation to Dutch Caribbean Creating "Moments that Move...

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stmaartennews.com
MP Brison submits legislation to facilitate sale of UTS

Legislation documents available for downloading by our StMaartenNews.com subscribers. Login to download and read the draft legislation, explanatory notes and the accompanying submission letter from MP Rolando Brison.

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stmaartennews.com
StMaartenNews.com Top Stories
Kingdom imposes conditions for liquidity support

THE HAGUE - St. Maarten will only get liquidity support from the Netherlands in 2019 if it complies with several conditions the Kingdom Council of Ministers has put in place. "These conditions see - among other things - to the detention capacity, ...

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stmaartennews.com
Between a rock and a hard place, but worse

By Hilbert Haar ~ The expression caught between a rock and a hard place does not begin to describe the situation St. Maarten finds itself in now that the Kingdom Council of Ministers has put conditions in place for the provision of liquidity support.

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stmaartennews.com
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StMaartenNews.com Aviation News
St Maarten-based airlines still prohibited from flying to US

St. Maarten removed from IASA List ~ PHILIPSBURG - St. Maarten was recently removed from the International Aviation Safety Assessment (IASA) list on which it was previously listed as a Category 2 (CAT 2) Country. St. Maarten's removal is based on ...

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stmaartennews.com
LIAT's impending closure

Chairman of the LIAT Shareholders Government Group of Countries and Prime Minister of St. Vincent & the Grenadines, Dr Ralph Gonsalves has expressed fears that the closure of the regional island hopping carrier, LIAT is imminent as most of the...

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caribbeannewsservice.com
StMaartenNews.com - Insurance Corner
NAGICO Insurances takes over portfolio of Sagicor Life Inc.

PHILIPSBURG - On Monday, April 8th, 2019, NAGICO Life Insurance N.V. and NAGICO Insurances issued a press statement wherein they announced that they had taken over the portfolio of Sagicor Life Inc. The press statement made clear that it was...

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stmaartennews.com
Insurance Insights

Read the answers to questions on key topics regarding the insurance business in our Insurance Corner where you can improve your insight in insurances.

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stmaartennews.com
StMaartenNews.com Opinions
Fight for fair dispute regulation continues

PHILIPSURG - Members of Parliament Rolando Brison, Silveria Jacobs, Tamara Leonard Claude Peterson will have traveled to the Netherlands for an April 13 to 21 mission to discuss the upcoming vote in the Dutch parliament about the draft dispute...

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stmaartennews.com
When Parliaments speak

By Hilbert Haar ~ When parliaments speak, governments have to listen. Those iconic words came from Jeroen Recourt, leader of the Dutch delegation after a meeting of the Inter-Parliamentary Kingdom Consultation (Ipko) in 2015. Recourt thought that...

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stmaartennews.com
Ludson Evers exposing the CEO at Telem

Oral Gibbes Live - Video recording of interview uploaded on 2019-04-14.

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www.youtube.com
StMaartenNews.com Job Vacancies
Job Vacancies

GREAT BAY, ST. MAARTEN - EBS has the following vacancies available for your consideration. Suitable candidates can send their resume along with copies of their diploma's and or certificates to info@ebssxm.com or visit their office in the Orange...

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stmaartennews.com
StMaartenNews.com Government News
WIFOL President calls on Government to be proactive

PHILIPSBURG - Government needs to be proactive instead of reactive to stem the high cost of services, goods and labor since the passage of the hurricanes of 2017. "We have seen the house rents, food commodities and cost of housing skyrocket to...

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stmaartennews.com
Labor Union against pensioners paying taxes

Advises on alternatives ~ PHILIPSBURG-"In my opinion pensioners should not be paying wage taxes or income taxes," said President of WIFOL Theophilus Thompson. According to him they have already contributed to social economic development and what...

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stmaartennews.com
StMaartenNews.com Community News
Dutch Quarter sewerage project stopped

DUTCH QUARTER - The Dutch Quarter sewerage project which took off with a quite an impressive start is now stalled for financial reasons. This project which is financed by European funding is said to have stopped because the contractor did not...

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stmaartennews.com
UWBC emphasizes reading to Celebrate World Book Day

SINT MAARTEN/ST. MARTIN - United &Young United Women Book Club (U&YUWBC), will like to bring light and take this opportunity to promote reading in our community and in our schools, the U&YUWBC said in a press statement. "Get involve in some kind...

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www.soualiganewsday.com
StMaartenNews.com Local News
Cost Pro Supermarket in Madame Estate robbed

MADAME ESTATE - During the afternoon of Easter Monday, April 22, 2019, news reaching our news desk indicated that a daring broad day robbery took place at the Cost Pro Supermarket in Madame Estate whereby all cash registers were ripped out and...

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stmaartennews.com
Break in at secondary school during Easter Weekend

SINT MAARTEN (ST. PETERS) - Detectives are presently investigating a break-in at the Sint Maarten PSVE School which occurred during the Easter Holidays and most probably on Easter Monday April 22 nd, police announced in a report on Tuesday....

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www.soualiganewsday.com
StMaartenNews.com Dutch News
Dutch Journalist Gives St. Eustatius Honor it Deserves

Amsterdam- According to news site www.koninkrijksrelaties.nu, St. Eustatius is probably the least known island among the Dutch Caribbean islands. The site suspects that this may however change, thanks to a new book written by Dutch journalist...

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bes-reporter.com
StMaartenNews.com Business News
NAGICO Group Launches LIVE FIT Plan to Promote Health

GREAT BAY - NAGICO Group, a diversified insurance company serving 21 territories in the Caribbean, is pleased to announce the launch of its LIVE FIT health program in St. Maarten. The health plan will provide gym members and persons that use...

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stmaartennews.com
NAGICO launches the Hurricane Xtra Policy

PHILIPSBURG -- NAGICO Insurances unveiled a new insurance product called the NAGICO Hurricane Xtra Policy. It's designed as a supplemental coverage to insure uncovered expenses that may arise following a hurricane as ...

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stmaartennews.com
StMaartenNews.com Billboard Notices
SMMC launches hand hygiene project

SINT MAARTEN (CAY HILL) - In an effort to continually improve its safety procedures, St. Maarten Medical Center (SMMC) has embarked on a Hand Hygiene Quality project. This initiative was facilitated by SMMC's Quality & Safety Department in...

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www.soualiganewsday.com
Free Festival Celebrates Local Animals and More This Sunday

ST. MARTIN (FRENCH QUARTER) - The Les Fruits de Mer association welcomes everyone to the 6th annual Endemic Animal Festival this Sunday, April 28th from 9am to noon. The free festival will be held at Amuseum Naturalis at The Old House in French...

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www.soualiganewsday.com
Prime Minister Romeo Marlin hands over donated packages

SINT MAARTEN (POND ISLAND) - Recently, each of the cleaning staff within the Ministry of General Affairs received a package of donated items from Prime Minister Leona Romeo Marlin. The items were donated to the Government of Sint Maarten by...

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www.soualiganewsday.com
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
StMaartenNews.com Poll
Poll sponsored by  StMaartenFlowers.comwhere you order online and we deliver offline.
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StMaartenNews.com Online News Stories
MPs' housing allowance: Where do they live and who checks?

Some 30 Dutch MPs make maximum use of an extra allowance for parliamentarians who live 150 kilometres from The Hague, but there are no checks to make sure they are actually obeying the rules, the Volkskrant said on Tuesday.

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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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This is how Saba tries to save their vulnerable coral reef

By Esther Henry. The Saba Bank and the coral reef around Saba, one of the largest reefs in the world, has had to deal with anchoring, algae growth, aggressive fish species and coral bleaching in recent years. Only eight percent of Saba Bank was...

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www.saba-news.com
US visitor charged with manslaughter bailed out and leaves

Anguilla police say Gavin Hapgood, a US citizen, who was arrested and charged with the manslaughter of Kenny Michel, was denied bail by the Magistrate court on Wednesday, morning April 17. The Police further reported that the accused was remanded ...

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caribbeannewsservice.com
ExxonMobil Makes 13th Oil Discovery Off Guyana

GEORGETOWN, Guyana, Tuesday April 23, 2019 - ExxonMobil has made its 13th discovery offshore Guyana. The find was made at the Yellowtail-1 Well and represents the third discovery for this year and the fifth in the Turbot area, where ExxonMobil is ...

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www.caribbean360.com
Hugh Riley retires as CTO secretary general after ten years

The region's tourism development agency is to begin the search for a new secretary general to replace the departing Hugh Riley. Riley, who was appointed to the top post at the Barbados-headquartered Caribbean Tourism Organization (CTO) in August...

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caribbeannewsservice.com
2019 Hurricane Season Predicted to be Less Active ...

COLORADO, United States, Tuesday April 16, 2019 - Activity in the upcoming Atlantic hurricane season is forecast to be a bit less active than usual, with slightly below-average probability for major hurricanes making landfall in the Caribbean.

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www.caribbean360.com
LIAT shareholders, directors to meet in Barbados

The shareholder governments of the financially strapped regional airline, LIAT, will meet in Barbados at month end amid concerns of a worsening money problem that could probably lead to the airline being grounded. "We can only pray that Ralph...

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caribbeannewsservice.com
Adding my $0.03 cents to LIAT

Having recently read letters of commentary by Messrs Venner, Kennelon and many others, I feel somewhat obliged to add my 3 cents to the ongoing LIAT painful scenario.

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caribbeannewsservice.com
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SXM Daily News - 23 Apr 2019
SXM Daily News April 23, 2019

SXM Daily News April 23, 2019

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StMaartenNews.com Weather
Weather Forecast: Wednesday to Friday

DATE ISSUED: Tuesday, April 23, 2019 @ 18:00 LST (22:00 UTC) VALID UNTIL: Wednesday evening (18:00 LST) April 24, 2019 Tonight through Wednesday evening: Fair to partly cloudy. Forecast High: 30°C / 86°F Forecast Low: 24°C / 75°F Sunset Today:...

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