Self-insurance as a financial planning option
We wrote an article inspired by the debate about the payout and settlement policies of insurance companies on St. Maarten in the aftermatch of hurricane Irma. Should Self-Insurance now be an option worth considering for those who have the resources?
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Dear Reader
Friday was World Elder Abuse Awareness Day 2018.
Boardmember of the St. Maarten Seniors and Pensioners Association, Mr. Raymond Jessurun, was in Cali, Colombia, marching to bring awareness to the elderly, abuse and alzheimer's on Friday.
He lamented that the Ministry of VSA did not reflect on this day in an official statement.
We wrote a special report about this. It will be published on Monday in the StMaartenNews.com newsletter.
In the meantime, we have asked Minister Lee to give a response to this.
Have a great day and do enjoy reading our news articles in this edition.
The Publisher
StMaartenNews.com
PS: Email
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Yearly subscription for only $75. We will email you an electronic invoice for payment at your convenience. You can choose to pay with your creditcard online; do a banktransfer to our WIB or RBC account;
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Contact Us for address information.
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Review LuminAID Packlite Max, a Solar Powered Phone Charger
ST. JOHN'S ESTATE - The Wizards, specializing in computer repairs and onsite services, is now the official reseller for an environmentally-friendly product that has a very unusual feature: A solar powered LED lantern that is a phone charger as...
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stmaartennews.com
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StMaartenNews.com Top Stories
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Climate change threatens St. Maarten's existence
PHILIPSBURG - "We are among the most vulnerable Caribbean tourists destinations between 25 and 50 years from now," Governor Drs. Eugène Holiday said in his opening address at the seventh annual Governor's Symposium about the impact of climate...
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stmaartennews.com
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Dutch and local Ombudsman join forces to help citizens
PHILIPSBURG - National Ombudsman in the Netherlands Reinier van Zutphen and St. Maarten's Ombudsman Dr. Nilda Arduin have joined forces to come to the rescue of citizens who need post-hurricane help and do not get satisfactory attention of the...
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stmaartennews.com
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Minister of Finance Michael Ferrier visits APS
On June 12th, Algemeen Pensioenfonds Sint Maarten (APS) Director Nadya Croes-van Putten welcomed Minister of Finance, Michael Ferrier to the APS office for an official visit and tour. As part of the visit, APS took the opportunity to highlight...
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stmaartennews.com
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Central Bank of Curaçao and St. Maarten: 'Banknotes supply'
WILLEMSTAD, PHILIPSBURG - The Centrale Bank van Curacao en Sint Maarten (CBCS) has received questions from the media in response to statements presumably made by the Minister of Finance of Sint Maarten, Mr. Michael Ferrier, with respect to a...
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curacaochronicle.com
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StMaartenNews.com Feature Articles
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Keeping up with the Phoneses
by Chris Morvan I don't know how attached you get to things like laptops and phones. Maybe they're just functional inanimate objects to you. Got to have one, it does the job, end of story. But for the technophobe, when we find something that not...
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stmaartennews.com
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Dollarize yes, but...
It snuck back in quietly, but Dollarization is back on the political agenda. With Ferrier's announcement that we have just two years worth of guilder banknotes left, the decision will have to be made the coming months whether to opt for a...
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stmaartennews.com
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StMaartenNews.com Community News
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STB congratulates On-Island Finalist in FCCA poster contest
GREAT BAY - Sint Maarten (DCOMM) - The St. Maarten Tourist Bureau (STB) congratulates Shannaz Horne, a sixteen-year-old student from the Charlotte Brookson Academy who is the on-Island finalist in the senior division of the Florida-Caribbean...
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stmaartennews.com
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StMaartenNews.com Government News
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St. Maarten's National Recovery and Resilience Plan is ready
Philipsburg - On Wednesday June 12th, Prime Minister Leona Romeo-Marlin and Steering Committee member Mr. Marcel Gumbs returned from Washington D.C. where they attended the first official meeting of the Steering Committee. After landing on Sint...
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stmaartennews.com
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School Bussing "New Style" Progresses
Philipsburg - The first round of a series of weekly meetings between the St. Maarten School Bus Owners Association (SSBOA) and the Government of Sint Maarten spearheaded by the Ministry of Education, Culture, Youth and Sport (MECYS) ended with a...
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stmaartennews.com
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Fruitful scoping mission ECLAC on Sint Maarten
Officials of the UN Economic Commission for Latin America and the Caribbean (ECLAC) visited St. Maarten last week during June 5 - 7 to undertake a scoping mission, with a view to assisting St. Maarten in its planning to implement the 2030 Agenda...
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stmaartennews.com
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StMaartenNews.com Business News
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Minister De Weever welcomes Caribbean Multihull Challenge
POND ISLAND - Sint Maarten - Called the Caribbean Multihull Challenge-St. Maarten, next February, the country will add a new sailing event to its annual calendar of events. The St. Maarten Yacht Club (SYC) - founders of the Sint Maarten Heineken...
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stmaartennews.com
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ACCOUNTANTS REQUESTED TO BE ON TIME WITH SZV...
SINT MAARTEN (PHILIPSBURG) - Social & Health Insurances SZV is reminding all registered accountants submitting declarations and payments of the ZV and OV premiums on behalf of their clients, that this is due no later than the 15 th of each month.
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www.soualiganewsday.com
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The PWR Agency launches Jumpstart June Workshops
SINT MAARTEN (GREAT BAY) - Produce Wealth Revolution Agency, aka "The PWR Agency" launched its first Jumpstart June series of workshops on June 10. These workshops were designed to give tools that can be quickly implemented to propel progress for ...
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www.soualiganewsday.com
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StMaartenNews.com Tourism News
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St. Maarten Tourist Bureau in search of photographers...
GREAT BAY - Sint Maarten (DCOMM) - The St. Maarten Tourist Bureau (STB) is searching for qualified and professional photographers and videographers that can capture the true essence of St. Maarten, its people and its culture in a creative and...
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stmaartennews.com
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StMaartenNews.com Culture News
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CHUCHUBI's Father's Day "OUT"
CUL DE SAC - Every year complaints are heard that mothers get all the attention on Mother's Day while Father's Day goes by like any other day. The Chuchubi Foundation has heeded the cry of the fathers and will indulge them in a father's day OUT...
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www.soualiganewsday.com
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Registration Now Open for EXPO section at #SPORTSMATTER...
SINT MAARTEN (POND ISLAND) - The Ministry of Education, Culture, Youth and Sport in collaboration with the National Sports Institute (NSI) is happy to announce to all Sport, Fitness and Healthy Lifestyle Businesses on the island that the...
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www.soualiganewsday.com
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StMaartenNews.com Court News
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Port St. Maarten Management pleased with Court Ruling
PORT ST. MAARTEN - June 14, 2018, the Joint Court of Justice rendered a provisional judgment with regard to the Public Prosecutor's request for a civil inquiry and several injunctive measures. The Court took into consideration that, based on...
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stmaartennews.com
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JCO Juvenile Conference successful on St. Eustatius -...
ORANJESTAD - Stakeholders on St. Eustatius held the last Juvenile Cases Conference (Jeugd Casus Overleg - JCO), for the 2017-2018 school year on Thursday, June 14th, 2018. The JCO is a monthly integral discussion between representatives of the...
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stmaartennews.com
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StMaartenNews.com Health News
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CPS: Get vaccinated against measles and rubella ...
GREAT BAY - Sint Maarten (DCOMM) - The Collective Prevention Services (CPS) is calling on those who plan to travel to the 2018 FIFA World Cup during the next four weeks to ensure that the are up-to-date with all their vaccinations, including the...
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stmaartennews.com
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StMaartenNews.com Dutch Caribbean News
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Delegation to Venezuela to talk about debt to InselAir
WILLEMSTAD, CARACAS - Minister of Finance Kenneth Gijsberta traveled with a delegation to Venezuela this week. The delegation is going to talk about the money that the South American country owes to the local aviation company InselAir. For...
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curacaochronicle.com
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Curaçao invites Venezuelan businessmen to invest ...
There are many business facilities, our economy is diversified, there is the import of raw material as well as real estate activities, said Marcos Leal, director of the Tourism Office Curacao in Venezuela. CARACAS, WILLEMSTAD - With regard to the ...
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curacaochronicle.com
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UTS dividends for St. Maarten
PHILIPSBURG - United Telecommunication Services (UTS) owes 42 million Antillean guilders in dividends from 2012 up to and including 2015, of which country St. Maarten is to get NAf. 5.25 million. That was announced by Curaçao's Finance Minister...
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curacaochronicle.com
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Should St. Maarten get its own national bank?
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StMaartenNews.com - Regional News
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Koos Sneek Writes Critical Letter to Knops
Oranjestad- Politician and member of the Democratic Party in St. Eustatius, Koos Sneek, has written a letter to State Secretary Raymond Knops in which he raises quite some points of concern. The letter of Sneek can be considered as somewhat...
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bes-reporter.com
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Clyde van Putten Responds to Franco's Letter
Oranjestad, Sint Eustatius, June 12th, 2018 I have taken note of the statements made by Mr. Mike Franco and published in The Daily Herald on June 1st, 2018, and would like to point out the following in response. First of all, by initially and...
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bes-reporter.com
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Koos Sneek: Shortfall in 'Free Allowance' Remains Concern
Oranjestad- Koos Sneek, member of the dissolved island council of St. Eustatius and prominent member of the Democratic Party on the island, has sent a critical letter to state secretary Raymond Knops in which he raises various points of...
Read more
bes-reporter.com
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StMaartenNews.com Advertisement
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Need an Electrician today?
If you have an electrical problem. If you need an electrical installation done. If you have light fixtures that need fixing. If you need electrical rewiring done? If you have an electrical emergency. Call us today at +1-721-523-3564. We have an electrician on standby. Or email
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StMaartenNews.com Online News Stories
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Insel Air Emergency Landing
Simpson Bay - St. Maarten (Wednesday, June 13, 2018) - 32 Insel Air passengers were elated when flight PJ-KVN touched down safely on the runway of the Princess Juliana International Airport - SXM on Wednesday June 13, 2018 at approximately...
Read more
stmaartennews.com
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Let's Cruise - Eastern, Western, Southern Caribbean...
Lets-Cruise.co is offering cruise vacations on the best and biggest cruise ships in the world with brand name cruises and destinations in the Eastern, Western and Southern Caribbean, Alaska, Europe and the Mediterranean, ...
Read more
www.lets-cruise.co
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KLM flight delayed due to engine problems
SCHIPHOL - KLM flight 735 to Curaçao was delayed 5 hours this morning. The aircraft could not leave due to engine problems. This was reported by KLM spokeswoman Tsamira Pietersz. The KLM has deployed another aircraft, after which the passengers...
Read more
curacaochronicle.com
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Barbados Soft Drink Manufacturing Company Sold
BRIDGETOWN, Barbados, Friday June 15, 2018 - The Barbados Bottling Company Limited (BBC) has been sold. Parent company Banks Holdings Ltd (BHL) has disclosed that the soft drink manufacturer has been purchased by Coca-Cola bottling partner,...
Read more
www.caribbean360.com
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BVI and Montserrat Join Regional Risk Insurance Facility
GRAND CAYMAN, Cayman Islands, Friday June 15, 2018 - British Virgin Islands (BVI) and Montserrat have joined the region's risk insurance facility just in time for the 2018 Atlantic hurricane season, purchasing Tropical Cyclone or Excess Rainfall...
Read more
www.caribbean360.com
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Panama Donates Budgetary Support to Antigua and Barbuda...
WASHINGTON DC, United States, Friday June 15, 2018- The Government of Panama has made another donation of EC$135,000 (US$49,954) to the Government of Antigua and Barbuda as budgetary support to assist with costs related to Barbuda in the wake of...
Read more
www.caribbean360.com
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CIBC FIRSTCARIBBEAN GETS READY FOR SEVENTH WALK FOR THE CURE
SINT MAARTEN/CARIBBEAN - If preparations alone are any indicator, this year's CIBC FirstCaribbean's Walk for the Cure, the region's largest cancer fundraiser, seems set to break new fundraising records.
Read more
www.soualiganewsday.com
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Weather Forecast: Saturday to Monday
DATE ISSUED: Friday June 15, 2018 @ 18:00 LST (22:00 UTC) VALID UNTIL: Saturday evening (18:00 LST) June 16, 2018 WEATHER: Tonight through Saturday evening: Partly cloudy, becoming cloudy at times with some isolated passing showers. Forecast...
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www.soualiganewsday.com
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StMaartenNews.com Advertisements
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StMaartenNews.com Dutch News
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Minister criticises Erdogan letter as Dutch Turks vote...
Dutch social affairs minister Wouter Koolmees has described efforts by Turkish president Recep Tayyip Erdogan to encourage Dutch Turks to vote in the parliamentary elections next week as inappropriate. Thousands of Dutch Turks have received a...
Read more
www.dutchnews.nl
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More teen drunks end up in hospital ...
The number of teenagers drinking themselves into a stupor and being hospitalised rose again last year, after dropping in 2016, the NRC said on Friday. Last year, 860 teenagers ended up in hospital, a rise of 70 on 2016. Most of them were in a...
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www.dutchnews.nl
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Deliveroo challenged again over self employed delivery...
Trade union FNV is taking meal delivery service Deliveroo to court for paying its delivery staff as if they are self employed while in fact they work for the British company, according to broadcaster NOS. Delivery workers earn too little as self...
Read more
www.dutchnews.nl
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Father of dead eight-year-old Sharleyne demands €100,000 ...
The father of Sharleyne, an eight-year-old found dead at the base of a tower block three years ago, demanded €100,000 in compensation from the mother in court on Friday. In the third day of a case charging the mother Hélène J with either murder...
Read more
www.dutchnews.nl
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SXM Daily News - 14 Jun 2018
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Book your summer vacation with AirSXM
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Ready to plan your summer vacation trip? Search for flights, hotels, car rentals and vacation packages online on AirStMaarten's booking site.
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