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INTRODUCTION OF NEW CONDITIONS FOR THE CONTINUED FINANCING OF BUSINESS PAYROLL SUPPORT

By   /  June 24, 2020  /  Business, Economy, Finance  /  Comments Off on INTRODUCTION OF NEW CONDITIONS FOR THE CONTINUED FINANCING OF BUSINESS PAYROLL SUPPORT

The Sint Maarten Stimulus Support and Relief Program (SSRP) will be following new regulations starting June 1st, 2020. On May 13th the Netherlands sent conditions for receiving liquidity support for COVID-19. This included adjustments in the current SSRP structure and execution. The Payroll Support Plan will subsidize a maximum of 60% of wages at SZV […]

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APS to expand homeownership options for Oryx Residences

By   /  June 24, 2020  /  Business, Infrastructure, Local News, Social  /  Comments Off on APS to expand homeownership options for Oryx Residences

Cayhill — Pre-qualification appointments resume for Oryx Residences in Cay Hill, after COVID-19 measures pose delay in the sales and move-in process. The 62 units residential project of the General Pension Fund of Sint Maarten (APS) acquired the interest of over 500 persons, of which 339 are APS participants. APS is working with Banco di […]

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UTS celebrates new parents with paid leave

By   /  June 20, 2020  /  Business, Labor, Local News, Social  /  Comments Off on UTS celebrates new parents with paid leave

~ 16 weeks paid leave for new mothers; 8 paid weeks for new fathers ~ PHILIPSBURG — As the world prepares to celebrate Father’s Day, the importance of paid parental leave is being underscored by leading telecommunications provider UTS. Since the introduction of the company’s ground-breaking parental leave policy, which provides paid maternity leave of […]

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SZV held virtual general staff meeting on COVID-19 impact

By   /  May 18, 2020  /  Business, Health  /  Comments Off on SZV held virtual general staff meeting on COVID-19 impact

PHILIPSBURG — On Friday, May 15th, Social & Health Insurances SZV Director Mr. Glen A. Carty addressed near 113 SZV employees in an interactive video conference call. Over the past two months, SZV employees have been working remotely to maintain services to customers. While daily virtual meetings have already become the norm at SZV, the […]

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