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Couldn't find list with id : 89bffa7244Central Banks say there is no reason to worry
- June 14, 2016 10:36 AM
WILLEMSTAD--Both the Central Bank of Aruba (CBA) and the Central Bank of Curaçao and St. Maarten (CBCS) say there is no reason for policyholders of Dutch Caribbean insurance provider ENNIA to be concerned.
PDVSA to discharge crude cargo after swap agreement with BP
- June 13, 2016 10:07 PM
Venezuelan state-run PDVSA has discharged another cargo of U.S. crude sold by BP after waiting times of more than a month related to payment problems that were solved this month under a swap agreement, according to sources close to the deal.
‘Concentration risk’ at ENNIA said high
- June 13, 2016 10:33 AM
WILLEMSTAD -- While the policies of insurance firm ENNIA are not in danger, there is a high so-called “concentration risk,” reported the Amigoe newspaper in Curaçao.
DNB twijfelt aan integriteit centrale bank Curaçao
- June 10, 2016 8:34 AM
De Nederlandsche Bank (DNB) plaatst vraagtekens bij de integriteit van collega-toezichthouder CBCS op Curaçao. Het is zo’n puinhoop bij de Centrale Bank van Curaçao en Sint Maarten (CBCS) dat DNB extra bevoegdheden heeft gevraagd en heeft gekregen om op te treden op CBCS-grondgebied.
Verzekeraar Ennia leeggetrokken door eigenaar, polissen mogelijk onvoldoende gedekt
- June 10, 2016 8:24 AM
WILLEMSTAD - Ennia, de grootste verzekeraar van de Nederlandse Antillen, is uitgehold door zijn eigenaar. Op gespannen voet met de regels heeft de verzekeraar afgelopen jaren ruim driekwart van zijn reserves besteed aan twee omstreden deals met zijn eigenaar, de schatrijke Iraans-Amerikaanse zakenman Hushang Ansary.
Werknemers Curaçao Marriott Hotel stellen directie ultimatum
- June 09, 2016 2:52 PM
WILLEMSTAD — De werknemers van het Curaçao Marriott Hotel weten niet of ze na 30 juni nog een baan hebben. Om hierover opheldering te krijgen heeft advocaat Olga Kostrzewski vanmorgen de directie van het hotel op Piscadera een ultimatum gesteld.
Ondertekening deal Citgo mogelijk vrijdag in Venezuela
- June 09, 2016 2:34 PM
ORANJESTAD — Een Arubaanse delegatie reist morgen met een privévliegtuig naar Venezuela voor de ondertekening van een overeenkomst met de Amerikaanse oliemaatschappij Citgo, dochter van het Venezolaanse staatsbedrijf PDVSA.
Citgo to start Aruba refinery rehabilitation in August
- June 07, 2016 9:18 PM
ORANJESTAD, June 3 (Reuters) - Citgo Petroleum plans to start in August a rehabilitation project at the 235,000-barrel-per-day Aruba refinery after an agreement to operate the facility was reached last month with the government, the island's labor minister said on Friday.
InselAir: ‘Cease operations to and from Venezuela not an option’
- June 01, 2016 12:32 PM
WILLEMSTAD – Recently the local aviation company InselAir has made some adjustments to its flights to and from Venezuela. But according Edward Heerenveen, the month of May was a good month for the airline. “
Caribbean countries expanding share in US $130 billion global seafood market
- June 01, 2016 10:34 AM
BELMOPAN, Belize -- Caribbean economies are poised to benefit from a region-wide initiative to expand seafood market share, through the implementation of food safety measures to enable countries to get a bigger piece of the global pie, worth an estimated US $130 billion annually.
CARICOM, US discuss threat of lawsuit over queen conch
- May 30, 2016 4:51 PM
WASHINGTON, United States – Officials from the Caribbean Community (CARICOM) and the United States have advanced talks in Washington on several key concerns affecting trade between the US and the region, chief among then being the treat of a lawsuit by US-based NGOs over the harvesting of queen conch for trade.
Lufthansa suspends flights to Venezuela amid deepening crisis
- May 30, 2016 4:47 PM
FRANKFURT, Germany – Against the backdrop of a deepening economic crisis in Venezuela, German airline Deutsche Lufthansa AG will suspend flights to the South American country next month “until further notice.”
Urban Chase wint Best in Business Award
- May 28, 2016 3:32 PM
WILLEMSTAD — Urban Chase won gisteren de Guardian Group Fatum Best in Business Award 2016. Xavier Navarro nam de prijs, een cheque van 10.000 gulden, in ontvangst.
IMF Executive Board Approves US$478 Million Stand-By Arrangement for Suriname
- May 27, 2016 9:19 PM
The Executive Board of the International Monetary Fund (IMF) today approved a 24-month Stand-By Arrangement (SBA) for Suriname, in an amount equivalent to SDR 342 million (about US$478 million or 265 percent of quota), to support the government’s economic reform program.
Kingdom of the Netherlands—Curaçao and Sint Maarten: Concluding Statement of the 2016 Article IV Consultation Discussions Visit
- May 25, 2016 8:06 PM
1. The currency union of Curaçao and Sint Maarten has important strengths, but preserving these going forward will require surmounting some critical challenges.
IMF stelt dat economie Curacao verstoord kan raken door ontwikkelingen Venezuela
- May 25, 2016 1:36 PM
Het Internationaal Monetair Fonds (IMF) voorziet middellange termijngroei van 0,9 procent voor Curaçao en 1,3 procent voor Sint Maarten.
IMF: Suriname has taken important steps for reform
- May 24, 2016 10:15 AM
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Mr. Daniel Leigh, head of the IMF’s staff team for Suriname, issued the following statement in Washington on Monday:
“The government of Suriname has been taking important steps to implement its home-grown reform program in response to the difficult economic situation the country is facing.
Maduro: Venezuela committed to PetroCaribe agreement
- May 24, 2016 8:51 AM
KINGSTON, Jamaica – Despite facing economic challenges, the Venezuelan Government has reiterated its commitment to maintaining its arrangements with Jamaica under the PetroCaribe Agreement.
Fury among Citgo executives about Aruba deal
- May 19, 2016 9:26 AM
ORANJESTAD — Venezuelan state-owned PdV's US downstream subsidiary Citgo reached a controversial $1bn agreement with the government of Aruba to restart the Aruba refinery under a long-term lease.
Financially struggling Suriname gets CDB loan to boost energy sector
- May 18, 2016 7:55 PM
PARAMARIBO – Suriname is getting help to cope with its financial challenges from the Caribbean Development Bank (CDB).