All about finances

Cft - 1
By Edition On Friday, August 31st, 2018

CFT: public finances become unsustainable

WILLEMSTAD - The Curaçao economy is in serious decline. The government took into account a growth scenario of 0.3 percent, but that was adjusted by the Central Bank (CBCS) to a contraction of 1.6 percent yesterday. The More...

ENNIA Curacao-D
By Edition On Tuesday, August 28th, 2018

Dutch finance minister stays out of ENNIA issue

THE HAGUE - Dutch Finance Minister Wopke Hoekstra is not getting involved in the supervision of the Dutch Caribbean insurance firm ENNIA by the Central Bank of Curaçao and St. Maarten (CBCS). “Curaçao and St. More...

Giro Bank
By Edition On Friday, August 3rd, 2018

Central Bank: risks Giro Bank under control, but there will be layoffs

WILLEMSTAD - The risks of the Giro Bank are under control, but people have to be fired. This is according to the statements of Deputy Director Supervision Shelwyn Salesia of the Central Bank of Curacao and Sint More...

By Edition On Thursday, July 26th, 2018

Additional significant changes to the Curaçao tax legislation

WILLEMSTAD - On June 14th the Minister of Finance presented the Ordinance reparation preferential tax regimes and subsequent amendments to the parliament of Curaçao The Ordinance and amendments were adopted by More...

Dutch Parliament
By Edition On Tuesday, June 26th, 2018

Dutch Parliament pushes for stringent financial supervision for islands

THE HAGUE - The Second Chamber of the Dutch Parliament has again made clear that it wants the financial supervision on the countries Aruba, Curaçao and St. Maarten and on the public entities Bonaire and St. Eustatius, More...

Foto CAft 20180202
By Edition On Monday, June 25th, 2018

Chairman Raymond Gradus: ”Aruba has accomplished the CAft recommendations for the 2018 budget; important to shortly draw up a new legal standards framework aimed at sustainable finance”

ORANJESTAD - With the purpose to speedily reach the path towards sustainable public finance, the Board of financial supervisoion for Aruba (CAft) has made three recommendations. During its visit the CAft observed More...

By Edition On Thursday, June 7th, 2018

Gijsbertha: Curaçao is not bankrupt

WILLEMSTAD - The Minister of Finance, Kenneth Gijsbertha, announced that Curaçao is not bankrupt. Several other politicians made this statement but the Minister denies it. The government is in serious financial More...

By Edition On Monday, June 4th, 2018

Aruba gets two years for balanced budget

THE HAGUE - The Aruba government has been granted a period of two years to get its finances in order. The Kingdom Council of Ministers took this decision on Friday. Aruba Prime Minister Evelyn Wever-Croes announced More...

By Edition On Thursday, May 24th, 2018

RBC becomes the first bank to launch contactless payment technology for merchants across the Caribbean

RBC contactless-enabled point-of-sale devices across the Caribbean will allow merchants to accept contactless-enabled payment cards, enhancing the overall point-of-sale experience for their customers. PORT OF SPAIN More...

By Edition On Monday, May 14th, 2018

Government cannot have dividend UTS at its disposal

WILLEMSTAD - For the time being, the government will not be able to have the dividend from 2016 of the public company UTS at its disposal. This is according to the regulator SBTNO. Important documents are missing, More...