Caribbean Association of Banks urges compliance with FATCA


WILLEMSTAD - The Caribbean Association of Banks (CAB) has expressed concern about the number of countries in the region which have not yet put in place inter-governmental agreements (IGAs) with the United States on the Foreign Account Tax Compliance Act (FATCA). It said it was therefore renewing the call for Caribbean countries to enact the necessary More...

by Edition | Published 1 day ago
By Edition On Monday, January 30th, 2017

No cash: PDVSA tankers stuck off Venezuela

WILLEMSTAD - More than 4 million barrels of Venezuelan crude oil and fuels are stuck in tankers in the Caribbean because Venezuela’s state-run oil firm cannot afford to pay for cleaning dirty tankers and port More...

By Edition On Friday, January 27th, 2017

Millions of barrels of Venezuelan oil stuck at sea in dirty tankers

HOUSTON (Reuters)- More than 4 million barrels of Venezuelan crude and fuels are sitting in tankers anchored in the Caribbean sea, unable to reach their final destination because state-run PDVSA cannot pay for hull More...

By Edition On Wednesday, January 25th, 2017

Economic boycott against Venezuela

WILLEMSTAD – The Netherlands and Curaçao should institute an economic boycott against Venezuela. This is according to Henry van der Kwast, Chairman of the Board of the local airline Insel Air. The reason for More...

By Edition On Wednesday, January 18th, 2017

Airbnb and Curaçao sign tourism agreement

WILLEMSTAD – Today, Curaçao’s Minister of Economic Development, Eugene Rhuggenaath and the Minister of Finance, Kenneth Gijsbertha, on behalf of the government, signed an important agreement with Airbnb that More...

Panama Papers
By Edition On Monday, January 16th, 2017

Panama refuses to cooperate with Malta in Panama Papers scandal

MIAMI - Tax authorities in Malta have announced that the government of Panama has declined to assist them in their investigations into tax evasion initiated following information released by journalists in the Panama More...

By Edition On Friday, January 13th, 2017

Venezuela’s PDVSA sees 2017 oil output stuck near historic lows

CARACAS - Venezuelan state energy company PDVSA projects oil production will remain near 23-year lows in 2017, an internal document shows, suggesting more hardship ahead for the crisis-wrought OPEC member country. Cash-squeezed More...

oil refinery
By Edition On Thursday, January 12th, 2017

CBS presents the Curaçao Environmental Statistics Compendium 2015 (document)

WILLEMSTAD - The Central Bureau of Statistics (CBS) has collected statistics about the Curaçao environment and surroundings. The data show an alarming picture of the air quality on the island. Two-thirds is the More...

Central Bank_front
By Edition On Wednesday, January 4th, 2017

Central Bank: Economic Developments 2016-2017 (document)

WILLEMSTAD – Click on the link below to download the presentation given by the Central Bank of Curaçao and Sint Maarten titled Economic Developments 2016-2017. presentatie-economische-ontwikkelingen-2016-2017    More...

Curacao Statistics
By Edition On Thursday, December 29th, 2016

Minimum wage up to 9 guilders

WILLEMSTAD - The minimum wage goes up on January 1, 2017. This was announced by the Ministry of Labor and Social Affairs. The minimum wage will be 9 guilders per hour. The starting point for the calculation is the More...