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Justice Conference being held on Sint Maarten starts today

Great Bay - Commencing on Monday January 22nd, 2018, Minister of Justice, Cornelius de Weever, in cooperation with the office of the Representative of the Netherlands in Philipsburg will be hosting a two-day working conference between Sint...

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Dear Reader

We have started a new dossier.

See the section below in this newsletter entitled " Corporate Governance and the Role of the Supervisory Board of Directors".

We also have a new feature writer, Chris Morvan, whose writings will only exclusively be available to our Yearly subscribers and Corporate Account holders. Click here for his first feature article and introduction to our readers.

Besides the opinion piece of our own Hilbert Haar whose musings today is about Security Guards, Cdr. Bud Slabbaert provides some 'food for thought' in his latest column on hub-and-spoke systems in the Caribbean for airlines wishing to fly passengers from one point to another as efficiently and as profitable as possible.

Today is the start of the Justice Conference on Dutch Sint Maarten about - amongst others- the topic of Border Control. Chris Morvan writes " The island where I find myself has a split personality." He may be right. Because soon it won't be long before we have checkpoints set up at the border crossings between Dutch and French sides at Oyster Pond, Dutch Quarter, Cole Bay and Cupecoy.

We hope they also discuss who is going to pay for all of that. We will obviously hear more about the outcome of these discussions on Wednesday. Stay tuned...

Until then, have a great week!

The Publisher

PS: Please email your press releases, public announcements and bulletin board notices to We urge you to include a photo as often as possible.

PPS: Today is also the start of another conference. This one is about Business Recovery after a Calamity like hurricane Irma. It starts this evening at 6pm until 9pm at Carl & Son's Conference Center in Cole Bay and will last the whole week. Click here for more info. Feature Article

A newcomer's view of St Maarten/St Martin ~ By Chris Morvan ~ The island where I find myself has a split personality. It can't make up his mind if its name is Martin or Maarten. Nor is it consistent about what language it speaks. Look it up on the...

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Prime Minister Romeo Marlin: World Bank Team Starts...

POND ISLAND - On Friday January 19th, Prime Minister Leona Romeo-Marlin welcomed a delegation of the World Bank at the Government Building. During the meeting, the Prime Minister and the head of the World Bank Team, Doekle Wielinga, discussed how ...

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$1000 funding available this year for each SXM DOET project

Philipsburg - The Oranje Fonds, the main sponsor of SXM DOET, has made extra funding available for the annual SXM DOET volunteer event, due to the extra challenges Sint Maarten is facing in the aftermath of hurricane Irma. This year organizations ...

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NIA host conference in collaboration with Armell Six

Philipsburg - National Institute of Arts in collaboration with Armelle Six to host "How to live again, after the worst has occurred" Conference on Wednesday January 25, 2018. As part of the NIA's ART HEALS program, the St. Maarten community is...

Read more Police News
Father and son robbed in their home

Philipsburg - On Sunday January 21st, at approximately 02.45 p.m., the Emergency Dispatch received a call of an armed robbery which had just taken place at a home on Ellis drive in Middle Region whereby one of the victims had suffered an injury...

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Police request assistance in connection with armed robbery

Philipsburg - The Special Unit Robbery is requesting assistance from the general public in connection with ongoing armed robbery investigation Le Grand Marche, which took place on November 1st, 2017. Attached to this press release are photos of...

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Security guards

By Hilbert Haar ~ I don't know how many people have noticed - and started wondering about - the additional function that several stores have bestowed upon their security guards. I certainly did; on a certain level it irritates the hell out of me...

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Political Cartoon

Political satirical cartoon

Read more Election News
Take the Challenge with NA candidate #13 Jimmy Challenger

“For a second time I am asking the people of St. Maarten to Take the Challenge with me and vote for a candidate that stands behind the need for political stability on St. Maarten. As an elected Member of Parliament of St. Maarten, the two focal..."

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Morales: Recovery of Sint Maarten more than restoring...

PHILIPSBURG - "After every hurricane, there is a tendency to focus on the reconstruction of the damaged place, by restoring buildings and the infrastructure. It seems a logical way of thinking directly after a devastation," Political Candidate...

Read more Legal Review
The Motion of No Confidence

In general a Motion is a question or issue put to a vote in Parliament expressing its position on a particular topic or issue, its feelings or view, a desire or an instruction of Parliament on any particular subject. A Motion must be submitted in ...

Read more Dossier:
Corporate Governance & The Role of the Supervisory Board of Directors
For our upcoming feature length article about the Supervisory Board of Directors (SBD), we posed the following questions to several experts on Corporate Governance:

  1. What are the specific roles of the SBD?
  2. Can the SBD give the CEO instructions? Can the SBD only advise? Or give guidelines?
  3. Is it normal for SBD members to be in a company on a daily basis, sitting in the CEO's office and giving the staff instructions?
  4. When or under what circumstances can a SBD take over the management of a company?
  5. Politics being what it is on a small island like St. Maarten, how do you view the role of the members of the SBD who has to ultimately answer to their political masters who appointed them to the SBD?
  6. When or under what circumstances can the SBD be held liable for the results of the company?

In answer to question 1 regarding the specific roles of the SBD, attention was brought to a 2009 PwC Memorandum on the Corporate Governance Code. The following are the tasks of the Supervisory Board of Directors:

A. To supervise the policy of the management.
B. To render advice to the management.
C. To appoint and dismiss members of the Managing Board.
D. To approve significant resolutions of the Managing Board.

According to Miguel Goede of the University of Governance, the " SBD has multiple roles that seem to contradict each other. They have a hierarchical role, being the one that appoints and dismisses the CEO, but at the same time they are the primary advisor of the CEO. The emphasis should be on the second role, to assist the CEO. In practice we see it is the other way around."

This intro is part 1 of this 6-part series on Corporate Governance and the Role of the Supervisory Board of Directors (SBD). In our next part tomorrow, we will answer the questions whether the SBD can give the CEO instructions; if the SBD can only advise; or if the SBD can give guidelines? Dutch Caribbean News
Port St. Maarten to discuss rebound at CPM workshop

PORT ST. MAARTEN - Port St. Maarten Management and Operations representatives will be attending the three-day Caribbean Port Management Workshop, organized and presented by the Port Management Association of the Caribbean (PMAC). The three-day...

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Saba Triathlon succeeded Post Hurricane Irma

THE BOTTOM - "I must say the trail was very clean. I compliment the island for being ready and quickly repairing the island for such a grand event. I will see Saba again next year", expressed Gregory Pigeon first male individual and overall...

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Dictatorship of the majority - Letter to the Editor (Statia)

By Koos Sneek ~ In the Daily Herald of Friday, January 19th, there was an article about the Island Council meeting in Statia held on the day before. In the article the reporter mentions that the faction of the Democratic Party walked out the meeting.

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Bonaire's very own Social Media influencer: Caesar Finies

Quite often, travel influencers like "The Scuba Diver Girls" come to Bonaire to promote the island or a certain company among their followers on Social Media. Since January 1st 2018, a project has started to create Bonaire's very own influencer....

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Venezuela's oil production collapsing along with its economy

By Bob Adelmann ~ The Paris-based International Energy Agency (IEA) reported on Friday that oil production from Venezuela's state-owned, state-controlled, and state-operated energy company, PdVSA, dropped by 12 percent last month...

Read more Poll
Poll sponsored by, when you need a kwik fixer upper.
Did St. Maarten/St. Martin ever had border control at its borders between French & Dutch sides?
No Column
Hub-spoke airlift in the Caribbean

by Cdr. Bud Slabbaert ~ A hub-spoke distribution network is a system of connections arranged like a wheel in which all traffic moves along spokes connected to the hub at the center. Since we are dealing with airlift, we are obviously talking about...

Read more Online News Stories
Tourism Stakeholders Ready For Caribbean Travel Marketplace

SAN JUAN, Puerto Rico, Sunday January 21, 2018 - Registration for this month's Caribbean Travel Marketplace, to be held at the Puerto Rico Convention Center in San Juan, Puerto Rico, is strong.

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Let's Cruise - Eastern, Western, Southern Caribbean... 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, ...

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LIAT Appoints New Chief Financial Officer

ST JOHN'S, Antigua, Friday January 19, 2018 - LIAT has announced the appointment of Rojer Inglis as chief financial officer. He replaces Julie Reifer-Jones who assumed the office of chief executive officer last year. His appointment took effect...

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Dutch state-owned casino sale won't be before 2020

The state-owned Holland Casino group is unlikely to be sold to the private sector before 2020, several years later than planned, junior finance minister Menno Snel has told parliament. The previous government had planned to sell the casinos by...

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Dutch armed forces lax on personnel safety

The defence ministry has failed to take the safety of its personnel seriously on all fronts, according to a highly critical report published on Friday. There is no active management of safety issues, too few people have been allocated to safety...

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US politicians in bid to end shutdown

The US Senate is due back in session to try to end a budget impasse before the start of the working week when the shutdown of many federal services will be felt around the country. Hundreds of thousands of federal staff face the prospect of...

Read more Advertisements Job Vacancies
Vacancy: Administrative Coordinator
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Vacancy: Caregiver
SXM Daily News - 21 Jan 2018
SXM Daily News January 21, 2016

Uploaded by Altagracia William on 2016-01-22.

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With the high season upon us and more and more airlines are resuming flights to and from St. Maarten, we are also open to take your flight bookings to and from St. Maarten as well.
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