Business
BusinessCuraçao

Aqualectra CEO Warns of More Blackouts Due to Low Reserve Capacity

Source: Nu.cw·1 day ago·Curaçao·1 min read

Aqualectra, Curaçao's public utility company, is warning residents of potential new power outages due to critically limited electricity reserve capacity. CEO Neysa Isenia explained that while reserve capacity is normally sufficient, ongoing problems with multiple production units have left the grid with little buffer to absorb unexpected failures. The reduced margin means that any additional technical issue could trigger widespread blackouts across the island. Isenia issued the warning in an interview with Nu.cw, signaling that the situation remains fragile in the near term. Curaçao has experienced recurring power disruptions in recent years, and this latest alert suggests the underlying infrastructure challenges have not yet been fully resolved. Residents and businesses are urged to be prepared for possible interruptions to electricity service.

Key Facts
  • Aqualectra CEO Neysa Isenia warned that the utility's electricity reserve capacity is currently well below normal levels.
  • Problems affecting multiple production units are the primary cause of the reduced reserve margin.
  • The limited buffer means any unexpected technical failure could result in new blackouts for Curaçao residents.
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Curaçao unemployment drops to 5.1%, but labor force shrinks

Curaçao's unemployment rate fell sharply from 7.8% to 5.1% in 2025, according to newly released results from the Labor Force Survey conducted by the Central Bureau of Statistics (CBS). While the headline figure marks a significant improvement, the drop is tempered by a notable decline in the number of people actively participating in the labor market. This means part of the unemployment decrease reflects workers leaving the workforce entirely rather than finding jobs. The CBS findings offer a mixed picture of the island's economic health, suggesting that while fewer people are officially counted as unemployed, labor market engagement has weakened. The data is significant for policymakers assessing Curaçao's post-pandemic economic recovery and the sustainability of employment trends going forward.

Key Facts
  • Curaçao's unemployment rate dropped from 7.8% to 5.1% in 2025, according to the CBS Labor Force Survey.
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  • The Central Bureau of Statistics (CBS) released the findings as part of its annual Labor Force Research report.
Source: Nu.cw·2 hours ago
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Developer laments destruction at Frederikstraat project in Curaçao

A developer working on a project at Frederikstraat in Willemstad, Curaçao, has spoken out about acts of destruction that occurred on Tuesday and Wednesday, expressing deep distress over the damage. The developer told Extra that the destruction is directly affecting the livelihoods of thirty employees, all of whom are local Curaçao residents. The incidents have disrupted ongoing work at the site, raising concerns about job security for the local workforce involved. The developer's comments highlight the human and economic cost of the vandalism beyond just property damage. No suspects or perpetrators were named in the excerpt, and the motive behind the destructive acts was not specified. The situation underscores broader concerns about security and stability for development projects in Willemstad's urban areas.

Key Facts
  • Acts of destruction at Frederikstraat in Willemstad occurred on Tuesday and Wednesday.
  • The damage is affecting the jobs of thirty local Curaçao workers employed by the developer.
  • The developer expressed strong personal distress over the incidents in a statement to Extra.
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Curaçao unemployment drops sharply from 7.8% to 5.1% in one year

The Central Bureau of Statistics (CBS) Curaçao has released results from its 2025 Social Survey, revealing a significant decline in the island's unemployment rate. Between 2024 and 2025, unemployment fell from 7.8% to 5.1%, representing a notable improvement in labor market conditions. The data comes from the Labor Force Survey (AKO), which CBS conducts annually and has now integrated into the broader Social Survey (ES) starting in 2025. The survey serves as the primary official source for tracking employment trends on the island. This drop in unemployment signals a strengthening local economy and improved job availability for Curaçao residents. The findings were published on the CBS official website and reflect conditions measured during the 2025 survey period.

Key Facts
  • Curaçao's unemployment rate dropped from 7.8% in 2024 to 5.1% in 2025, a decrease of 2.7 percentage points.
  • The data was released by the Central Bureau of Statistics (CBS) Curaçao through its 2025 Social Survey.
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