Economy

Island Council Saba passes banking motion

Sep 24, 2021 reporter 229 1

SABA - The Saba Island Council on Wednesday, September 22, 2021 adopted a motion that seeks to end the problematic banking situation for Saba residents and entrepreneurs. The motion requests the Executive Council to initiate talks with the Dutch Government to create a level playing field between the people on Saba, Bonaire and in the Netherlands with regard to banking services. Talks with The Hague should also result in the establishment of a … [Read more] about Island Council Saba passes banking motion

Selibon continues with waste separation project on public beaches

Sep 21, 2021 reporter 238 0

Sorobon is the first beach to receive colored wheelie bins for the waste separation project on our public beaches. This project involves a change from blue wheelie bins to wheelie bins with different colors. There are wheelie bins of 4 different colors placed … [Read more] about Selibon continues with waste separation project on public beaches

Bonaire intends to introduce 50-dollar tourist tax

Sep 21, 2021 reporter 1689 0

KRALENDIJK - Bonaire wants to introduce a tourist tax of 50 dollars per person, at least for tourists who do not arrive from one of the other islands of the former Netherlands Antilles. Some explanation about the new tax was provided during a press … [Read more] about Bonaire intends to introduce 50-dollar tourist tax

Number of Hotel Rooms Bonaire to Grow 65% in Three Years time

Aug 02, 2021 reporter 1274 0

Kralendijk- A study executed by the Tourism Corporation Bonaire (TCB) shows that the amount of hotel rooms on the island will grow a whopping 65% in about three years time. According to TCB's survey, the island added a of 433 rooms in 2020. The … [Read more] about Number of Hotel Rooms Bonaire to Grow 65% in Three Years time

Microfinance as the Engine of the Economy on the Caribbean Islands

Jul 30, 2021 reporter 353 0

Kralendijk - The social lender Qredits has presented the first Social Impact Report for the Caribbean islands in the Kingdom in collaboration with SEO Economic Research. The research shows, among other things, that almost 2,200 jobs have already been created … [Read more] about Microfinance as the Engine of the Economy on the Caribbean Islands

Price Decrease in Diesel and Gasoline on St. Maarten

Jul 28, 2021 reporter 316 0

Philipsburg - 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. Due to the ongoing developments internationally, the … [Read more] about Price Decrease in Diesel and Gasoline on St. Maarten

Inflation in the Caribbean Netherlands rising

Jul 21, 2021 reporter 325 0

Kralendijk, The Bottom, Saba, Oranjestad, St. Eustatius - In Q2 2021, consumer goods and services on Bonaire were 0.2 percent more expensive than one year previously. The inflation rate was still -3.2 percent in the previous quarter. On St Eustatius, prices … [Read more] about Inflation in the Caribbean Netherlands rising

Request for/Extension of Special Deferral of Payment Possible

Jul 19, 2021 reporter 326 0

Kralendijk - Are you an entrepreneur and does your business have payment problems due to the corona crisis? Then it is still possible up to and including the 30th of September, 2021 to request for or extend special deferral of payment. The (caretaker) … [Read more] about Request for/Extension of Special Deferral of Payment Possible

Bonaire Cruise Association Pushes Back against ideas about Limited Cruise Tourism

Jul 18, 2021 reporter 1420 0

Kralendijk- The new Bonaire Cruise Tourism Association (BCTA) has started to push back against ideas from the Executive Council on a somewhat more more restricted cruise tourism for the island. In a letter to the Executive Council, marked as 'urgent' and … [Read more] about Bonaire Cruise Association Pushes Back against ideas about Limited Cruise Tourism

Government of Bonaire Finalizes Assessment of COVID-19 Impact on Livelihoods and Businesses

Jul 14, 2021 reporter 358 0

Kralendijk - The Public Entity Bonaire (OLB) has finalized its evaluation of the socioeconomic impact of COVID-19 on livelihoods and businesses across Bonaire. The assessment focused on critical sectors, such as tourism and logistics, and identified steps … [Read more] about Government of Bonaire Finalizes Assessment of COVID-19 Impact on Livelihoods and Businesses

Economy

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