News Reports

On Sunday afternoon, Aqualectra instituted and won interlocutory proceedings against Isla and labor union PWFC to enforce access to its diesel power station on the grounds of the Isla refinery.

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Private equity deals done this year in Latin America are already worth nearly two-thirds more than for all of 2009, according to new research, showing funds are rapidly returning to the region after retrenching during the crisis.

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The changes to the Kingdom Charter to include new countries St. Maarten and Curaçao and other minor adjustments were handled and approved by the Central Committee of Parliament on Thursday. The changes will now be dealt with in a public meeting of parliament.

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During the presentation of the annual report on 2009 by Central Bank of the Netherlands Antilles, President-Director Emsley Tromp emphasised that the new Central Bank, which the future countries Curaçao and St. Maarten will have jointly, must be provided with all essentials to function optimally.

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Curaçao's General Affairs Commissioner Zita Jesus-Leito (PAR) has confirmed that the Caribbean Guilder, which is to become the currency of the new countries Curaçao and St. Maarten, will not be in circulation until six to nine months from now.

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The chairman of foudation Clean Environment on Curaçao (SMOC) Peter van Leeuwen sees a drawback despite the positive outcomeof the ruling of the Higher Court against the Isla-refinery on Monday. The Isla has booked a substantial gain of time despite having lost everything.

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