CBCS expands stress testing framework for banks, pension funds, and insurers.

WILLEMSTAD/PHILIPSBURG:---  The Centrale Bank van Curaçao en Sint Maarten (CBCS) has expanded its stress testing framework following recommendations from the International Monetary Fund (IMF) to further strengthen the monitoring of risks in the financial sector.
Stress tests help the CBCS assess how banks, insurers, and pension funds would perform during periods of economic or financial stress. The tests use different scenarios, ranging from normal economic conditions to more severe situations, to evaluate how financial institutions could b...

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Male Suspect Arrested for Illegal Firearm Possession.

PHILIPSBURG:--- The Police Force of Sint Maarten (KPSM) informs the public that on Sunday, May 17, 2026, at approximately 1:00 p.m., officers attached to the Detective Department observed a dark-colored scooter with a lone rider traveling along Front Street in Philipsburg.

Officers became suspicious after noticing the rider repeatedly looking into various businesses as they moved through the area. His behavior raised concern, prompting officers to continue observing him. The rider was subsequently followed onto Back Street, where officers again ...

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Minister Brug continues fresh produce outreach initiative to support vulnerable families.

PHILIPSBURG:---  Minister of Public Health, Social Development and Labor (VSA), Richinel Brug, once again last week, continued his community outreach initiative by distributing fresh produce to vulnerable groups across Sint Maarten.

The initiative forms part of the Ministry of VSA’s broader “Health in All Policies” approach, established last year, which recognizes that public health extends beyond healthcare alone to include food security, nutrition, social support, and community wellbeing.

Following a similar initiative held in December, th...

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Minister Orders Oversight Crackdown Following GEBE Fuel Charge Dispute.

PHILIPSBURG:---  Minister of Tourism, Economic Affairs, Traffic and Telecommunication (TEATT), Grisha Heyliger-Maarten, has expressed deep alarm and strong condemnation regarding GEBE’s recent fuel clause increase of approximately 10 cents, which has already appeared on electricity bills for the April consumption period, despite GEBE’s public statement that the increase would take effect in May.
“Consumers are already under tremendous financial pressure,” the Minister stated. “To announce that a new rate will take effect in May, but then qu...

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