News

29-01-2019

The Deep-Sea Water Industry

A Circular Economy-Compatible Industry to Address Future Water, Energy, and Food Needs in Caribbean Island Nations. Access to fresh, clean, and affordable water, energy, and food on island states is increasingly becoming a challenge across the globe. This can be solved by simply observing and realizing that the ocean that surrounds your island is the potential source of the solution to all these challenges. Imagine developing a new economic pillar that can help your island overcome the need to provide these basic needs through a circular and sustainable economic industry or sector.    Many island nation...

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News

29-01-2019

Spotlight on Beyglz: A Young Entrepreneurs Initiative

“Follow your plan and work with your strengths,” recommends the latest young entrepreneur to open up her dream restaurant in Scharloo… Beyglz. Candice van Delden, born and raised in Curaçao, shares with us her journey towards the successful launch of her bagel shop in December 2016 and her plans for the future.  Her goal was to create a lunch space where, regardless of where you’re from in the world, you’d just naturally feel at home. With a passion and curiosity for food, in combination with her natural creative flair, from very early on, Candice became well known for her tasty dishes...

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News

29-01-2019

Reviving Skalo Into a Trendy Residential & Business District

Over the last few decades we have seen the restoration of many beautiful mansions in Scharloo, (Skalo). Brought back to their former glory, they have become beautiful office spaces to many companies. This development was just what this area needed to inject life into this historical residential neighborhood built by Curaçao’s wealthy merchants during the 1800’s. During 1870’s this area became very fashionable and attracted many discerning residents. We spoke with Marcel Dennert, Managing Director of Stichting Monumentenzorg, who shared his fresh outlook on the Skalo area. Since 1954, Monumentenzorg has ...

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News

29-01-2019

A Proud Curaçao Welcomes More Passengers - MegaPier Tula Open

On November 13th, 2017, Royal Caribbean Cruise Lines’ Adventure of the Seas became the first cruise ship to majestically glide alongside and moor at the newly built second Megapier, named Tula.  On the occasion of this soft launch of the pier a small delegation led by Minister of Economic Development, Mr. Steven Martina, and Minister of Transport, Traffic and Urban Planning, Mrs. Zita Jesus-Leito, as well as Curaçao Ports Authorities’ representatives went on board The Adventure of the Seas to meet with the captain for a small ceremony to commemorate this historical day. It is a momentous occ...

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News

29-01-2019

Helping SME’s Overcome Obstacles - Korpodeko Incentive Program

It is no secret that the Small and Medium Enterprises, (SME), in Curaçao account for a substantial chunk of our economy. But statistics show that 75-80% of SME’s fail within their first two years, meaning that they fail to meet their operational obligations, including tax and social benefits payments. Korpodeko is launching its own incentive program for its clients, offering small and medium sized companies six new and funded pathways to develop their weaknesses into strengths in order to increase their chances for success. Support for SME’s There’s a myriad of theories about the many obstacles ...

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News

29-01-2019

Looking Out on the Horizon

In an attempt to get a pulse of the status of the economy for 2018, and what lays on the economic horizon, the course of the economic prospectus should be changed as there are still many opportunities for economic growth and investment here on the island that can lead us on the road to economic recovery.   There are a significant number of projects that will materialize this year that have the power to fuel the impetus towards an economic revitalization. A number of key public investments are in the pipelines and promise to deliver that much-needed momentum to start us on our journey to economic recovery.  In add...

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News

06-06-2016

Seven Factors Of Economic Growth

There are seven points formulated by the Chamber of Commerce and its partners to lead to economic growth. The seven points focus on innovation and export trade, immigration, labor and education, bureaucracy, the role of the market, privatization and tax structure. The Chamber of Commerce believes that if all points are taken care of, even criminality will decrease on the island. The government should be more focused on its role of facilitator. The government needs to support business owners, entrepreneurs and initiative-takers in the realization of projects. According to the Chamber, the government should focus more on co...

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News

31-05-2016

Central Bureau Of Statistics: Business Survey 2015 Results

The Central Bureau of Statistics (CBS) released some of the results of the Business Survey held in December 2015. The aim of the research is to provide, on a regular basis, twice a year, current information about business and economic parameters and developments. It should also provide insight into expectations and opinions of local business owners. For this research all companies with ten or more employees were visited. A sample was taken from each company with three to nine employees. It is thus for a part a sample survey. By taking a sample, the CBS can make an estimate from the characteristics of the entire population (all b...

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News

30-05-2016

Curaçao: Institute for Financial Crime, IFFC

The IFFC is a network platform that aims to bring together organisations and professionals in the battle against financial economic criminality. According to initiator Ruud Hamers, there is a great deal of knowledge among official detection bodies and private enterprises. Elements of this information help fighting the battle against the so-called ‘white collar criminals’. The IFFC was started in the Netherlands. There, it can count on the collaboration of a large number of participants including accountants, lawyers, banks, insurance companies, forensic services, police, justice departments, criminologists and supervisory i...

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News

11-05-2016

Curaçao Tourism: March 2016 Recording 13% Growth

The Curaçao Tourist Board (CTB) is pleased to report an additional 5.210 visitors in the third month of the year. Visitor arrivals in March 2016 increased recording double digit growth of 13% compared to March 2015. Until now, it is the best performing month, where all regions recorded positive growth. Altogether a total of 44.736 visitors were registered against 39.526 in the same month last year. The European market recorded an increase of 13% in March 2016. The region provided a total of 19.103 stay over arrivals compared to the 16.912 recorded in March 2015. The main producing country, The Netherlands recorded a 5% increase ...

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