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Peak Re Completes Strategic Investment Of 50% Stake In Nagico

Hong Kong/St. Maarten, – Peak Reinsurance Company Limited (“Peak Re”), the Hong Kong based global reinsurer, and NAGICO Holdings Limited (“NAGICO”), the leading Caribbean insurance group, are pleased to announce today that Peak Re has completed its strategic investment of a 50% stake in NAGICO.

Following its announcement in July last year, the transaction has received all the necessary regulatory and shareholders approvals Read more

Frans: Pese A Retroceso, Usp Seguirá Moviéndose Hacia Adelante A Todo Vapor

Traducido por Máximo Castro

St. Peters, San Martín -El líder del Partido St. Maarten Unidos (USP), Frans Richardson dijo el jueves que su organización política se moverá “a toda velocidad” hacia las elecciones parlamentarias del 26 de septiembre a pesar de que no tendrá su candidato # 15 Dennis Williams, quien fue eliminado de la lista por la Oficina principal de votación Read more

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Los Chinos Construirán 326 Habitaciones De Hotel Y 450 Apartamentos En Belair

Traducido por Máximo Castro

POND ISLAND.– Un hotel de 326 habitaciones con una sala de exposición y 450 apartamentos ejecutivos serán construidos frente a la playa de Belair, por una empresa público-privada china. Los planes para el proyecto “Perla de China” ya ha aprobado por el Gobierno y el primer picazo para el inicio de la construcción del proyecto está programado para el 17 de septiembre y la construcción de este proyecto está planificado a terminarse en dos años.

Este proyecto de varios millones de dólares, para el que los chinos compraron la tierra, fue anunciado por el ministro de Finanzas Richard Gibson Sr Read more

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Peak Re Now Has 50 Per Cent Stake In Nagico

PHILIPSBURG--Hong Kong-based global reinsurer Peak Reinsurance Company Limited (Peak Re) now has a 50 per cent stake in NAGICO Holdings Limited (NAGICO). Peak Re and NAGIC Read more

Frans: There Is A Limit To Physical Growth, Future Developments Must Be Sustainable

PHILIPSBURG, St. Maarten - Leader of the United St. Maarten (US) party MP Frans Richardson says the term “sustainable development” seems to have become a catchphrase amongst current and aspiring decision makers without serious contemplation about what it truly means.

“Two million tourists in two years sounds nice to say, but it is detached from reality and definitely not sustainable Read more

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Government Struck Deal With Chinese Investors; A Perfect Example Of ‘The Status Quo’

PHILIPSBURG, St. Maarten - What just happened to St. Maarten? Did our government really struck a deal with the Chinese government to build a huge hotel at the Belair beach front? Is this the way WE accomplish things?

This is such a momentous decision made behind closed doors. The St. Maarten Development Movement wonders if the Prime Minister or the Minister of Finance did due diligence behind the Chinese intentions or more basic, made themselves informed of what it means to enter into commercial transactions with the Chinese government Read more

Taking Control Through Budgeting Program” Delivers 1St Edition Recipe Compilation By Grass Root Icons

PHILIPSBURG, St. Maarten - The Honourable Minster of Public Health Social Development & Labour, Emil Lee congratulates Participants, Facilitators and the Department of Community Development, Family & Humanitarian Affairs for reaching another milestone with the ‘Taking Control Through Budgeting Program’.

The program introduced its 1st edition of the Recipe Book ‘Taste of the Home Healthy Bliss’, a compilation of low cost and nutritional recipes used during the live Cooking Demonstration Workshops, ranging from vegetarian dishes, traditional meals with a twist and outdoor cooking on rocks, delivered by three local icons, Mrs Read more

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Parties Awarded Numbers And Colours For Ballot

St. Maarten Christian Party (SMCP) leader retired pastor Wycliffe Smith presents his party's request for brown to the Main Voting Bureau. 

List Numbers and Colours for Sept. 26 Parliamentary Elections

1 Read more

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Peak Re Completes Strategic Investment Of 50% Stake In Nagico.

Hong Kong/PHILIPSBURG:--- - Peak Reinsurance Company Limited (“Peak Re”), the Hong Kong based global reinsurer, and NAGICO Holdings Limited (“NAGICO”), the leading Caribbean insurance group, are pleased to announce today that Peak Re has completed its strategic investment of a 50% stake in NAGICO.

Following its announcement in July last year, the transaction has received all the necessary regulatory and shareholders approvals.

This strategic investment provides Peak Re with attractive growth prospects in the Caribbean region and is in line with the reinsurer’s strategy to diversify its portfolio globally Read more

Election tricks back in action--- MP Maurice Lake jumps ship with UPP baggage.

PHILIPSBURG: --- The Minister of VROMI Angel Meyers jumped into election mode to assist MP Maurice Lake who appointed him to office by committing some 50 parcels of land located on the over the bank to potential voters Read more

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OSPP almost missed getting their color.

PHILIPSBURG:--- The One St. Maarten People’s Party (OSPP) Lenny Priest almost missed his party color since he showed up to the meeting on Friday morning just seconds before the Voting Bureau announced that they would follow the law and assign the political party one of the five remaining colors since no one from the OSPP did not attend the 9am meeting submit in writing the color they wanted for this year’s election Read more

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Us Party Loses Bid To Get Dennis Williams On List

PHILIPSBURG--The Main Voting Bureau was within its rights to remove United St. Maarten Party (US Party) number fifteen candidate Dennis Williams from its slate for the September 26 parliamentary election, the Court of First Instance said Thursday. The party had filed a case to nullify the Main Voting Bureau’s decision to strike off its candidate.

Frans: Despite Setback, Usp Moving Full Steam Ahead

St Peters, Sint Maarten — Leader of the United St. Maarten Party (USP) Frans Richardson on Thursday said the party will move “full speed ahead” towards the September 26 Parliamentary Elections despite having its #15 candidate Dennis Williams removed from the list by the Main Voting Bureau Read more

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Chinese to invest in St. Maarten to boost tourism economy.

PHILIPSBURG:--- Minister of Finance Richard Gibson Sr. who is contesting the Parliamentary Elections on September 26th kicked off his political campaign Thursday night with a town hall meeting that was held at the University of St. Martin.
Gibson who has been in office close to nine months managed to present the two balanced budgets both 2016 and 2017, the latter for the first time in history the budget was presented and approved on time.
On Thursday night, Gibson brought forward the stark reality to those that attended the town hall meeting what St Read more

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Frans: Despite Setback, Usp Moving Full Steam Ahead

PHILPSBURG--Leader of the United St. Maarten Party (USP) Frans Richardson on Thursday said the party will move "full speed ahead" towards the September 26 Parliamentary Elections despite having its #15 candidate Dennis Williams removed from the list by the Main Voting Bureau Read more

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PHILIPSBURG:--- A fight that ensued between two men in the vicinity of Delta Petroleum Gas Station owned by former Member of Parliament Roy Marlin has left one of the men dead. The dead man is identified as Alexandro Hodge, whose mother passed away and he was living with his aunt who owns a bar in Dutch Quarter. Residents of Dutch Quarter said they know the young man and he is known to be a very quiet young man and that they are all shocked by his sudden death.
According to eyewitnesses the two men were engaged in a fight on Dutch Quarter main road when one of them got stabbed Read more

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Mp De Weever Reacts To Recent Statements Of Minister Lee

PHILIPSBURG, St. Maarten - Now nine months after Emil Lee restarted the process “by the book” setting the country further behind in healthcare, Member of Parliament MP Dr Cornelius de Weever says “enough is enough.”

He said if Emil Lee wanted to do things by the book and not play politics to lay claim to the development of the new health centre in time for election - if you were actually trying to get things done the right way?

While it appears the sitting government’s concern is solely building a new building MP De Weever pointed out “this is not just a construction project, the training of staff is highly required, the transition from the old to the new building will also take a lot of training, strategic planning and preparation taking into account the patients and staff presently occupying the SMMC.”

He said with the company government has chosen “we have a great example in St Read more

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Sdm Highlights Importance Of Infrastructural Improvements

PHILIPSBURG, Sint Maarten — Protecting the environment and investing in our infrastructure, has an incredible value for us, our tourism product and ultimately our economy.

“Maintain and improve rather than expand,” says Benjamin Ortega from the St. Maarten Development Movement (SDM).

“Currently our St Read more

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Toastmasters Invite Political Parties To Table Topics-A-Thon

PHILIPSBURG – The Soualiga Corporate Toastmasters Club (SCTMC) is inviting all toastmasters and the community of St. Maarten to its Table Topics-a-Thon on Wednesday, September 7.

All political parties were invited to participate by submitting the name of a candidate who is contesting the elections for the first time. This program provides a great opportunity for toastmasters and the wider community to get to know these candidates.

The Table Topics-a-Thon will be held at the University of St Read more

From Newspaper Boy To Member Of Parliament: Who Is Robert Budike And What Are His Plans?

My Roots
Born in Zwolle, the Netherlands, on January 30, 1971 of Surinamese descent, I was the third of 4 boys. I grew up in Suriname (Zorg & Hoop, Clevia, Geyersvlijt). I migrated to the Netherlands to complete my studies in 1992 and from the year 2000 I have been living and working in
St. Maarten.

My Motivation to postulate
Did it not occur to you that every time the National Alliance is in power, whether it is for a short or for a longer period, they accomplish! The National Alliance is set and focused to achieve their goals Read more

Marlin To Meet With Cgc On ‘Misinterpretation’ Of Letters

PHILIPSBURG--The Corporate Governance Council (CGC) has requested an urgent meeting with Prime Minister William Marlin to discuss the possible misinterpretation of correspondences between the parties.

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Dp Shares Party’S Governing Vision With The People

PHILIPSBURG – As a way of communicating the Democratic Party’s (DP) vision document, referred to by many as a manifesto, the DP has presented a hard copy to several key organizations on island.

By doing so, the candidates want to underline their dedication to the people in general and the importance of these organizations in helping DP realize its 3 key ambitions of creating jobs, establishing stability and maintaining values.

These presentations are in no way seeking endorsement, rather the recipients are members of the community who wish to be informed and are open to receiving a copy of all parties’ programs.

Some of the organizations, which received DP’s Vision Document include the Electoral Council, Windward Islands Teacher’s Union (WITU), the Marine & Trade Association, Philipsburg Jubilee Library, among many others Read more

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C-Tec Technology In Education Conference Taking Shape

More technology, more creativity and innovation, more local and international presenters

PHILIPSBURG – The C-TEC 2016 conference and expo will take place in the Hillside Christian School (Asha Stevens Campus) and the adjoining NIPA building, from Sunday, October 23, to Tuesday, October 25.

The second installment of this conference will be an even larger fascinating array of local and international educators, experts, tech companies and publishing houses Read more

Marlin Debunks Suggestions Of Rift Between Him And Corporate Governance Council

PHILIPSBURG, Sint Maarten — Prime Minister William Marlin has suggested that there was a misunderstanding between the Corporate Governance Council and him regarding the appointment of a new director for TelEm and has dismissed the notion that he asked for the committee members to resign.

Some coalition members have recently suggested that the prime minister requested for the council members to resign relating to an appointment of a director of the telecommunications company without their involvement.

Prime Minister Marlin disputed that notion at the Council of Ministers press briefing yesterday Read more

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