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PHILIPSBURG:--- Finance Minister Richard Gibson Sr. told reporters on Wednesday at the Council of Ministers press briefing that the St. Maarten Medical Center owes the government of St. Maarten over NAF.7M in back taxes.
The Finance Minister said that SMMC was unable to pay their taxes over the past years and hopefully when the current building and land is sold to the company that will construct the new hospital, the government of St Read more

National Alliance Wants 10 Seats For Stable Govt.

SUCKER GARDEN–The white party, National Alliance (NA), presented 23 candidates to its supporters at the new party headquarters in Sucker Garden on Sunday afternoon. The party will present its list on Monday, led by veteran politician and sitting Prime Minister William Marlin.

  The inclusion of younger candidates shows the party’s vision for the future, according to Marlin, who presented the candidates Read more

NA can accomplish

PHILIPSBURG:--- All 23 candidates that postulated on the National Alliance slate for the September 26th, 2016 parliamentary elections called on the voters of St. Maarten to give them a majority in parliament and full mandate in order for them to bring about stability in St. Maarten. Most of the candidates, when presented to the sizeable gathering at the National Alliance headquarters in Sucker Garden, pleaded with the people of St Read more

Gibson: Review Performance Of Gov’T-Owned Companies

PHILIPSBURG – Minister of Finance Richard Gibson has called for a review of the performance of government-owned companies, especially as it relates to the salaries earned by directors of these companies.

He made the comments at the Council of Ministers press conference on Wednesday, July 20. He wants government-owned companies to present a policy on how its directors are paid, and to introduce a salary ceiling that should not be higher than what the Prime Minister earns.

“I don’t think that should be the case and I think government-owned companies will have to come with a policy for key positions in government-owned companies to determine what is being paid to directors, to top positions in government-owned companies and to make sure that the policy to come with that it has a ceiling, and the ceiling has to be that it cannot be higher than what the Prime Minister makes,” Minister Gibson said.

He called for a performance-based approach to the management of government-owned companies Read more

PHILIPSBURG:--- Member of Parliament Christopher Emmanuel did not mingle with words on Thursday in an interview with SMN News when he called on the Council of Ministers especially the Minister of Finance Richard Gibson Sr to appoint locals to top positions that are yet to be filled.
MP Emmanuel said that the Council of Ministers should appoint the acting head of the Cadaster Office Marcia Peterson as head of the department since she has been carrying out the day to day task of that office Read more

“Tax Inspectorate Is Understaffed, Under Equipped And Under Trained”

St. Maarten News – Finance Minister Richard Gibson repeated in a meeting of parliament yesterday that the country needs to diversify and expand its economy to build resistance against inevitable external shocks. He mentioned the development of hydroponics, fishery, the medical industry and education as viable options.

Minister Gibson repeated his warnings about de-risking and the potential loss of correspondents banking and pointed again to local banks that want certain customers – especially casinos – to close their accounts, because they do not want to accept the risks associated with this type of customer anymore.

To improve the country’s financial position it will have to invest in its tax inspectorate, the minister said Read more

Minister Gibson At Tax Summit: “Tax Reform Is Absolutely Necessary”

Prime Minister William Marlin (left) and Finance Minister Richard Gibson during the tax summit. To the right is Minister Emil Lee Read more

Ministry Of Finance Hosts Tax Summit 2016 Themed: “A Consensus To Collaborate”

DAWN BEACH – The Ministry of Finance called upon key (internal) stakeholders to take part in a critical discussion during the Tax Summit of Friday, June 17, to improve tax compliance.

In attendance were Prime Minister William Marlin, Minister Public Health Social Development and Labor Affairs Emil Lee, and Minister of Education, Culture, Youth, and Sports Silveria Jacobs, during the first hour as well as representatives of the various Ministries of Government and SZV, SOAB, SER, CFT, Ombudsman and Council of Advice.

“A lot of territory was covered Read more

DAWN BEACH:--- The Ministry of Finance called upon key (internal) stakeholders to take part in a critical discussion during the Tax Summit of Friday June 17th to improve tax compliance. In attendance were the Prime Minister William Marlin, Minister Public Health Social Development and Labor Affairs Emil Lee, and Minister of Education Culture Youth & Sports Silveria Jacobs during the first hour as well as representatives of the various Ministries of Government as well as the SZV, SOAB, SER, CFT, Ombudsman and Council of Advice.

“A lot of territory was covered Read more

Gibson: No Reason To Panic About Decline In Revenue

PHILIPSBURG – Minister of Finance Richard Gibson suggested that the financial situation of St. Maarten, in terms of government revenue, is not as bad as reflected in the first execution report of the first quarter of 2016.

The Committee for Financial Supervision for Curaçao and St. Maarten (CFT) had stated, in a letter dated June 8, to the Minister of Finance that the budget balance of the first quarter of 2016 had deteriorated by some NAf Read more

Reliable Supply Of Electricity, Water Should Be Gebe's Main Concern – Says Gebe’S Supervisory Board.

PHILIPSBURG:--- The supervisory board of directors of GEBE N.V. held its first meeting on Saturday, June 11, since its appointment on June 1, 2016. Also present at the meeting were the Interim Manager of GEBE Mr. Andrew Zagers and the company’s attorney.

Supervisory Board Chairman Roy Marlin said that a number of household matters were discussed, including frequency of meetings etc Read more

IMF submitted their conclusions for St. Maarten.

PHILIPSBURG:--- Minister of Finance Richard Gibson Sr. confirmed to members of the media that the IMF visited St. Maarten last week and they confirmed that St. Maarten had a growth of 0.5% in 2016, they projected that the country’s growth will increase in 2016 to 0.7% while they projected that the growth for 2017 will be 1.7%.
The Minister said that there has been a global slow down over the past 10 years Read more

Gibson Seeks Naf. 20 Million Loan For Tax Office Upgrades

PHILIPSBURG--Finance Minister Richard Gibson Sr. told Parliament on Monday that he is seeking the approval of the Committee for Financial Supervision CFT to acquire a NAf. 20 million loan to fund upgrades for the Tax Office and its infrastructure.

Read more

GEBE Supervisory Board claims in court that MPs working behind scenes to control the Supervisory Board.

PHILIPSBURG:--- The Court of First Instance in its ruling on Wednesday ordered that Shareholder representative of GEBE to come to a proper agreement as to when they will hold the meeting to dismiss the remaining three members of the Supervisory Board of Directors. That meeting will be held on May 26th 2016. However, the Shareholder and the Supervisory Board will be meeting on May 19th 2016 to appoint the Chief Executive Officer (CEO) William Brooks Read more

Leadercast 2016: Inspirational And Transformational

GREAT BAY, St. Martin - Local leaders and aspiring leaders left the Belair Community Center inspired, invigorated and recharged after Leadercast, the world’s largest one-day leadership conference, broadcast LIVE from Atlanta and simulcast to hundreds of locations around the world on May 6th, 2016.

            Leadercast was hosted by Victorious Living Foundation (VLF) which empowers, enlightens and reconciles individuals, couples, families, organizations and communities, for the fourth consecutive year Read more

Leadercast 2016: Inspirational And Transformational

GREAT BAY – Local and aspiring leaders left the Belair Community Center inspired, invigorated and recharged after Leadercast, the world’s largest one-day leadership conference, broadcast live from Atlanta, Georgia, and simulcast to hundreds of locations around the world on May 6.

Leadercast was hosted by Victorious Living Foundation (VLF), which empowers, enlightens and reconciles individuals, couples, families, organizations and communities, for the fourth consecutive year. The local host for Leadercast was Andre Huie, the founding president of Youth to Xtreme (Y2X), Victorious Living’s youth wing Read more

Great Bay:--- Local leaders and aspiring leaders left the Belair Community Center inspired, invigorated and recharged after Leadercast, the world’s largest one-day leadership conference, broadcast LIVE from Atlanta and simulcast to hundreds of locations around the world on May 6th, 2016.
Leadercast was hosted by Victorious Living Foundation (VLF) which empowers, enlightens and reconciles individuals, couples, families, organizations and communities, for the fourth consecutive year. The local host for Leadercast was Andre Huie, the founding president of Youth to Xtreme (Y2X) Victorious Living’s youth wing Read more

Monuments needs to be moved from isolated location says Minister Gibson.

PHILIPSBURG:--- Several elected officials attended the small ceremony at the Captain Hodge Pier on Monday morning to pay homage to those persons who lost their lives during the world war 2. Among those in attendance were Acting Governor Reynold Groenveldt, President of Parliament Sarah Wescot Williams, Deputy Prime Minister Richard Gibson Sr, Minister Igrid Arrindell, Minister Emil Lee, Member of Parliament Cornelius de Weever, the Dutch representative on St Read more

Mps Discuss Country’S Financial Outlook Today

PHILIPSBURG--Members of Parliament (MPs) will discuss the financial outlook of St. Maarten in an urgent plenary session today, Monday, April 25, at 11:00am.
Finance Minister Richard Gibson will be present for the public plenary session. MPs will discuss the short, medium and long term financial outlook of St. Maarten.
Independent MP Frans Richardson; National Alliance (NA) MP George Pantophlet and Democratic Party (DP) MP Sarah Wescot-Williams requested the meeting.
The MPs who requested the meeting had said earlier that there is much public discussion regarding the international rating of St Read more

Press Release From The Board Of The National Alliance

After the nonsensical press release of the UPP on Tuesday, which we must admit left us as a board a little confused, we would think that the UPP and independent members would try to save face by making a serious effort to work in the interest of the people.

We mean, a project that is clearly in the best interest of education and our youth, for the UPP to try to turn it into a political stunt is a show of desperation Read more

PHILIPSBURG:--- After the nonsensical press release of the UPP on Tuesday, which we must admit left us as a board a little confused, we would think that the UPP and independent members would try to save face by making a serious effort to work in the interest of the people. We mean, a project that is clearly in the best interest of education and our youth, for the UPP to try to turn it into a political stunt is a show of desperation Read more

Mp Tamara Leonard Still Awaiting Answers From Gibson

PHILIPSBURG, St. Maarten (April 21, 2016) – United People’s (UP) party Member of Parliament (MP) Tamara Leonard has again written to Finance Minister Richard Gibson Read more

Cft Approves 2016 Budget

PHILIPSBURG – The Committee for Financial Supervision CFT has approved St. Maarten’s 2016 budget. Minister of Finance Richard Gibson said the CFT also commended him for making “significant improvements” in the budget.

Speaking at the Council of Ministers press briefing on Wednesday, April 20, the Minister said he had received a letter from CFT on Tuesday informing him of the approval and mentioned that it had “taken note of the significant improvement to the draft budget of St Read more

Gobierno Ahorrará Miles De Florines Al Mes Al Mudarse A Nuevo Edificio

Traducido por Máximo Castro

PHILIPSBURG – El gobierno espera ahorrarse NAf. 360.000 al mes, cuando mude sus departamentos al nuevo edificio administrativo que está ubicado en Pond Island.

El primer ministro William Marlin dijo el martes a los miembros del Parlamento (MP), durante una reunión del Comité Central que el Gobierno tenía una deuda considerable con el Fondo General de Pensiones APS y del Seguro Social y Salud SZV, y había recibido una instrucción que le obligaba a pagar esta deuda Read more