Winair’s cost cutting measures
The COVID-19 pandemic has and continues to affect St. Maarten residents. In these times of uncertainty, we are tasked with planning our path forward,...
CBCS reopens its Curacao-office
Willemstad/Philipsburg – Considering the easing of the COVID-19 measures announced by the government of Curacao, Centrale Bank van Curacao en Sint Maarten (CBCS) will...
Central Bank discourages solidarity levy
Longer duration of lockdown and border, the deeper the contraction
WILLEMSTAD.- The Centrale Bank van Curaçao en Sint Maarten (CBCS) has calculated the macroeconomic effects...
Coast Guard will continue to monitor the borders and coasts intensively
WILLEMSTAD.-In recent weeks, the Coast Guard, with military assistance in the Caribbean, has stepped up surveillance of our waters and coastlines. This intensification is...
Despite redistribution, a solidarity levy will have a negative effect on the economy
Willemstad/Philipsburg – The Centrale Bank van Curaçao en Sint Maarten (CBCS) has calculated the macroeconomic effects of a solidarity levy on the request of...
Talks on a possible North Sea Jazz Festival in Miami not concluded
WILLEMSTAD.- The organizers of the Curacao North Sea Jazz Festival which are Mojo and the Fundashon Bon Intenshon (FBI) issued a press release where...
Warning for Pyramid and other COVID-19 related scams
Willemstad/Philipsburg – The Centrale Bank van Curaçao en Sint Maarten (CBCS) hereby warns the public about fraudulent offerings, pyramid-like schemes, and other coronavirus (COVID-19)...
“CBCS REVISES ECONOMIC OUTLOOK”
ECONOMIC SACRIFICES OF THE LOCKDOWN ARE SUBSTANTIAL FOR CURAÇAO AND SINT MAARTEN
WILLEMSTAD.- The Centrale Bank van Curaçao en Sint Maarten (CBCS) has revised downwards...
Foreign exchange reserves cannot serve to finance the support programs
WILLEMSTAD.- The Centrale Bank van Curaçao en Sint Maarten (CBCS) has recommended the governments of Curaçao and Sint Maarten to invoke article 36 of...
Submission of audited annual accounts extended
WILLEMSTAD.- Trust service providers, administrators, investment institutions, securities intermediaries, and asset managers that fall under the supervision of the Bank, have an obligation to...