Owner of bankrupt Scarlet still has to pay 1.5 million
WILLEMSTAD - The bankruptcy of telecom provider Scarlet gets a tail for the former owner Paul Gelderloos. He still has to pay one and a half million guilders compensation to Digicel. Those were payments that he More...
Veneto to be auctioned
WILLEMSTAD - Veneto Holiday Beach Hotel and Casino will be auctioned on August 23. The current owner can no longer pay the debts. The buyer has to pay almost 13 million dollars. For this, the new owner gets 6 different More...
Venezuela to go bankrupt in 48 hours triggering $60billion global financial crisis
CARACAS - Venezuela is on the brink of an official default potentially sparking huge financial chaos across the world. The crisis came to light after it was revealed state-owned firm PDVSA has not made a single More...
InselAir generates nearly 3,000 jobs
WILLEMSTAD – The local aviation company InselAir accounts for nearly 3,000 jobs, directly and indirectly. This is evident from an economic impact study that was held last year by Curconsult. The airline itself More...
Former Minister El Hakim declared bankrupt
WILLEMSTAD – Recently the court declared former Minister of Economic Development, Nasser el Hakim bankrupt. The former Minister has nearly 4 million guilders in debt. Last week Friday's the court handled the bankruptcy More...
More debt for Kura Hulanda
WILLEMSTAD - The Kura Hulanda Otrabanda and Lodge have to pay more than 6 tons in taxes and levies. This is according to the curator Remco van Arkel. Earlier Van Arkel had already issued a report about the Hotel More...
