Island Financial

Island Financial (1448)

BRIDGETOWN, Barbados - CIBC FirstCaribbean has announced its best quarterly financial performance in four years. For the three months ended January 31, 2015, the Bank recorded net income of $26.6 million, which is its best performance since 2010.

PHILIPSBURG, St. Maarten – The government of St. Maarten regulates the prices of petroleum products by imposing a maximum price at which wholesalers and retailers can sell these products on St. Maarten.

WILLEMSTAD, Curacao – During the first two months of 2015 Curaçao has worked on reducing the deficits in the social funds and the governmental companies. "2014 is expected to close with a positive result.

ORANJESTAD, St. Eustatius – On February 20, the Board of financial supervision Bonaire, Sint Eustatius and Saba (Cft) met with the executive council and island council on Sint Eustatius.

PHILIPSBURG, St. Maarten – The January 31 deadline for adopting the 2015 budget was met by Sint Maarten.

SIMPSON BAY, St. Maarten – At the invitation of the Princess Juliana International Airport, SXM, members of parliament visited the airport last Thursday where management gave them a detailed presentation about the airport's capital improvement strategies and ongoing developments.

PHILIPSBURG, St. Maarten - After several months of preparation and contacts between the two foundations, Cooperating Foundations was happy to present a check to Helping Hands Foundation. The grant of US$ 60,000 will go towards the purchase of a new wheel chair bus.

PHILIPSBURG, St. Maarten – The Board of the St. Maarten Zoological & Botanical Garden Foundation would like to extend a warm felt thank you to the St. Dominic High School's Interact Club who raised over $1000.00 over the Christmas vacation with their gift wrapping fundraiser event.

PHILIPSBURG, St. Maarten - The first, second and third quarterly reports of country Sint Maarten for 2014 was the focus of discussion, during the Central Committee session of the House of Parliament last Friday.

PHILIPSBURG, St. Maarten - During the Central Committee meeting dealing with the issue of GEBE and the fuel clause on Tuesday, Members of Parliament had several questions for the supervisory board and management of the company.

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