Island Financial

Island Financial (1530)

KINGSTON, Jamaica – Leader of the main opposition People’s National Party (PNP), Portia Simpson Miller, has called for a probe to be conducted into allegations of misuse of funds that were donated to the party in the run-up to the February 25 general election.

BES Islands - On two of the three islands of the Caribbean Netherlands, the value of the gross domestic product (GDP) increased in 2014.

PHILIPSBURG, St. Maarten - On August 29th 2016, Member of Parliament Leona Marlin-Romeo sent an extensive letter to the Chair of Parliament for the Minister of Finance questioning the financial situation of the country and the state of affairs at the Central Bank of Curacao and Sint Maarten. 

PHILIPSBURG, St. Maarten - The government of St. Maarten is currently studying the implementation of a new tax system.

This was announced this week by the Finance Minister the Honorable Richard Gibson.

The Ministers comments came in reaction to the various tax proposals being made by some of the islands politicians.

More now via PodCast.

PHILIPSBURG, St. Maarten - The United St. Maarten (US) party will seek to enact a five-year profit tax break for young local entrepreneurs who seek to invest in up and coming fields of business.

PHILIPSBURG, St. Maarten - The Ministry of Finance on Tuesday submitted legislation to the Council of Ministers aimed at the improvement of compliance.

PHILIPSBURG, St. Maarten - On August 4, law firm VanEps Kunneman VanDoorne organized a seminar for its clients about structured finance; the collective term for special ways to finance companies.

KINGSTON, Jamaica – Caribbean countries with weak regulatory systems that could facilitate financial crimes need to act fast to strengthen their safeguards, said Prime Minster Andrew Holness. Failure to do so, he noted, could worsen the issue of international banks ending relationships with regional institutions.

BRIDGETOWN, Barbados – Barbados Opposition Leader Mia Mottley Wednesday dismissed this year’s Budgetary Proposals as a “piecemeal patchwork, join up join up set of initiatives” that caters to the interests of the ruling Democratic Labour Party’s (DLP) rather than that of country’s survival and stability.

PHILIPSBURG, St. Maarten: The Electoral Council would like to remind all candidates for the upcoming parliamentary elections on September 26, 2016, that, in accordance with the National Ordinance on Registration and Finances of Political Parties, they are required to record all donations received, be it in cash, by check or in kind (service or material).

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