Monday, Sep 01st

LATEST:
You are here: Islands Islands News Central Bank building now being renovated

Central Bank building now being renovated

page4a209PHILIPSBURG--The renovation of the building that houses the Central Bank of Curacao and St. Maarten (CBCS) in Philipsburg is currently underway.

Similar to the construction of the current accommodation of the Central Bank in Scharloo, Willemstad, a supervisory board has also been appointed to oversee the renovation of the Central Bank in St. Maarten.

This board consists of Jairo Bloem (attorney in St. Maarten), former Governor of the Netherlands Antilles Frits Goedgedrag, and, until recently, Herman George, Norbert George's father, who had resigned in connection with the appointment of his wife Lucille George Wout as Governor of Curaçao at the end of 2013.

In accordance with Article 21 of the new Bank Statutes which became effective on October 10, 2010, the CBCS office in St. Maarten must be developed into a fully-functioning Central Bank branch.

The CBCS building is currently being renovated and refurbished in order to be able to adequately house the CBCS branch.

The supervisory board was appointed to supervise the implementation of the construction in accordance with the relevant rules and procedures. The members of the supervisory board will be compensated for their work.

Other details about the renovation could not be obtained by press time.

Image
St. Martin to attend major China tourism conference
Sunday, 31 August 2014
MARIGOT--A delegation from the Collectivité will visit China at the beginning of September to... Read more...
SHTA: Proposal will make labour market more rigid
Sunday, 31 August 2014
~ Outgoing coalition should focus on annual accounts ~ PHILIPSBURG--The St. Maarten Hospitality and... Read more...
Image
Re-migrant couple caught up in middle of alleged vendetta
Sunday, 31 August 2014
GUYANA--The re-migrant couple in whose names the two Lexus vehicles, now at the centre of an... Read more...
Image
Catholic bishop accused of sex abuse could be tried in Dominican Republic
Friday, 29 August 2014
VATICAN CITY, Italy--Josef Wesolowski, the Vatican's former ambassador to the Dominican Republic,... Read more...
Image
Obama faces bipartisan criticism over his foreign policy
Sunday, 31 August 2014
WASHINGTON--President Barack Obama faced criticism over his foreign policy from both Democratic and... Read more...
Image
Libyan armed group takes over annex of US Embassy
Sunday, 31 August 2014
WASHINGTON--Members of a Libyan militia have taken over an abandoned annex of the U.S. Embassy in... Read more...
Image
Putin calls for talks on east Ukraine "statehood"
Sunday, 31 August 2014
MOSCOW/MARIUPOL, Ukraine--Russian President Vladimir Putin called on Sunday for immediate talks on... Read more...
Grappling with history, EU tests unity, new faces
Sunday, 31 August 2014
BRUSSELS--European Union leaders meeting in Brussels this weekend, amid world war anniversaries,... Read more...
Image
Swatch prefers go-it-alone route for smartwatch plans
Sunday, 31 August 2014
BIEL, Switzerland--Swatch Group is happy to go it alone with a launch next year of watches with... Read more...
Citigroup Inc to pay allowance to compensate for limited bonuses
Sunday, 31 August 2014
NEW YORK--Citigroup Inc has told senior staff in Europe that they would receive fixed monthly pay... Read more...
Image
Legacy vs history
Sunday, 31 August 2014
Dear Editor, My twelve-year-old niece in hearing them speak about what kind of a legacy President... Read more...
Image
Peeved
Sunday, 31 August 2014
Dear Queenie, My best friend and I have been friends for many years, since before we got married,... Read more...
Image
Football Association opens offices in Rue de La Liberté
Sunday, 31 August 2014
MARIGOT--St. Martin Football Association (SMFA) inaugurated its new offices at 34 Rue de La... Read more...
Image
Liverpool thump Spurs, Arsenal held by Leicester
Sunday, 31 August 2014
LONDON-- Liverpool produced an irresistible performance to dismantle a toothless Tottenham Hotspur... Read more...
Image
Pacino plays depressed men twice at Venice film festival
Sunday, 31 August 2014
VENICE--Al Pacino fended off suggestions on Saturday that because he plays depressed characters in... Read more...
Image
Venice film fest puts hard-hitting global issues on screen
Sunday, 31 August 2014
VENICE--The Venice Film Festival has earned a reputation over the decades for tackling... Read more...
Image
A Splash of Excitement & Adventure Shawn York’s newest T-shirt line is out!
Friday, 29 August 2014
Square Miles Apparel created by Shawn "New" York has been turning heads for four years now. If you... Read more...
Animal Defenders SXM
Friday, 29 August 2014
~ Volunteers in the spotlight: Fleur Hermanides ~ For more than three months, a group of wonderful... Read more...
Editorial - Top 10
Sunday, 31 August 2014
The individual votes-count of Friday's election that only became fully available late Saturday... Read more...
Editorial -- Intriguing landscape
Saturday, 30 August 2014
The voters have spoken. Compared to four years ago UP replaced NA as the largest party but fell... Read more...
Image
Saturday Aug. 09, 2014
Friday, 08 August 2014
Image
Friday Aug. 08, 2014
Friday, 08 August 2014
Notices September 1
Sunday, 31 August 2014
Afterschool activities Simpson Bay Afterschool activities programme provided by Stichting expertise... Read more...
Notices August 30
Saturday, 30 August 2014
Sunday, August 31 SPORTS DAY Organised by St. Maarten Women's Cricket Association Place: Caribe... Read more...