The Curaçao Trade and Industry Association (Vereniging Bedrijfsleven Curaçao - VBC) is of the opinion that it is highly conspicuous that the national government and Parliament had the intention to completely ignore the request and the policy of the Island government of Curacao to increase the minimum wage with at the most 5 percent, while the requests of the other islands were considered.
The Dutch opposition party Groenlinks is of the opinion that according to the procedures of the Charter, the Council of Minister for the Royal Dutch Kingdom must propose the annulment of the Antillean decision not to acknowledge gay marriages.
Parliament has approved the 2008 supplemental budget yesterday and passé the proposal with 12 votes in favour and 3 against.
Changing the budget was necessary, because the Order in Council for the Kingdom (AMvRB) was not done yet and because of that, the dept restructuring ad not started. This means that the Antilles must self pay part of the interest this year. This budget is balanced.
Last week the cooperation program Institutional Reinforcement and ... ( Institutionele Versterking en Bestuurskracht - IVB) of Sint Maarten was signed. With this the IVB-programs for all Antillean islands are now ready to be implemented.
In our section "Laws and statutes" you can find all six programs in the sub section " State and Administrative Regulations".
On 20 August 2008, Churandy Martina won the silver medal in the 200 metres at the Olympics behind Usain Bolt in 19.82 seconds, the first time he had run sub-20s. He was the first medal winner for the Netherlands Antilles after Jan Boersma won silver in sailing at the 1988 Summer Olympics in Seoul.
For the second consecutive year, Curacao administrators of hedge funds turned out to be the best among their colleagues in 17 geographical locations worldwide. On a scale of 1 to 7 (where 1 is unacceptable and 7 is excellent), Curacao scored 6.58, followed by the administrators of San Francisco (USA) with the score of 6.37. The British Channel Islands scored the lowest with a score of 4.34.
There will be an extensive information campaign before the right on self-defence is broadened. This motion was unanimously passed in parliament yesterday. Before the motion was proposed, Justice-minister David Dick (PAR) had already committed to start the campaign soon.
This conference will be held in Buenos Aires, Argentina on October 12 to 17.
The local foundation StepAhead and FWG-advise from the Netherlands organize a conference with the subject Management-HRM and the new country Curaçao. The conference is about assembling talent, energy, and creativity into a harmonious entity and it focuses on realizing objectives on society, organization, personal matters.
The Board of financial supervision (College financieel toezicht - CFT) has its own website: www.cft.an
The Board of financial supervision (College financieel toezicht - Cft) anticipates that when the Order in Council for the Kingdom (AMvRB) temporary financial supervision takes effect at the end of this year perhaps, there will be less introduction problems for Curacao and St. Maarten than it is the case for the BES-islands.
Minister of Finance Nilo Swaen (left) announced the appointment of Jane Semeleer (middle) as the new president of the Central Bank of Aruba. On the right stands Mehran Hassanali who will resign as the managing director as per September.
The Antillean court allows the Dutch passports of convicted drug couriers to be confiscated for three years. They are sentenced to a conditional punishment and can only travel between the Antillean islands with their ID-card. Couriers that live in the Netherlands receive a laissez passer to go back. The court says that a travel ban between the Netherlands and the Antilles is not enough.
A 42-hour workweek; no longer pay hourly wages, but weekly; and do not base the first monthly 20 hours overtime on an overtime tariff. Now that Parliament has approved a 15-percent increase of the minimum wage, the Chamber of Commerce (KvK) has her own version of flanking policy, in view of ‘a sound island economy’. Parliamentarian Farie Metry doesn’t think that measures are necessary.
Within two weeks, the Central Bank of the Neth.Antilles (BNA) must release the balance of the British V2 Limited, which is blocked on an account of the First Curaçao International Bank (FCIB), who on her turn has one week to transfer the more than 1.3 million British pounds (more than 4.2 million guilders) to V2’s curator in England, so that he can pay the creditor of V2. The judge decided that yesterday in the proceeding that curator Stephen Hunt has instituted against BNA and FCIB.
Girobank takes over the Centrale Hypotheek Bank (CHB). Both institutions signed a Letter of Intent on this yesterday. Once this transaction is done, Girobank will be offering mortgages on all the islands of the Neth.Antilles.
The faculty of Law of UNA organizes a lecture , entitled "Developments in family and estate law of Surinam and the Netherlands Antilles".
Speaker: mr. S. Gangaram Panday , former notary, former member of the Court of Justice, president of the Legislation Committee of Surinam
Date: friday August 22, 2008
Place: Auditorium UNA
Time: 20.00 hour
Entrance: free
Language: Dutch
The Antilles took a very important step this morning in facilitating the exchange of information on tax matters and prevention of double taxation. This happened when Parliament unanimously passed an amendment in the General National Ordinance National-taxation.
The Court of Appeal still ruled in favour of TDS in the case of this company charging money for the broadcasting of soccer games in the horeca during the World Championship (WK) of 2006. The Court of First Instance annulled the Commercial Contract WK 2006 for broadcasting rights due to deviation.
The judge dismissed the more than 118 million guilders claim of telecommunication company Third Wave against the Central Government again. It is a claim on two counts, inclusive interest.