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CBCS Selected for International Climate Finance Capacity Support

Source: 721 News·58 minutes ago·St. Maarten·1 min read

The Centrale Bank van Curaçao en Sint Maarten (CBCS) has been chosen to receive international technical assistance through the Network for Greening the Financial System (NGFS) in its first round of capacity-building initiatives. The NGFS is a global coalition of central banks and financial supervisors working to manage climate-related risks within the financial sector. This selection positions the CBCS among a group of institutions receiving targeted support to develop and strengthen climate scenario analysis — a tool used to assess how climate change could impact financial stability. For the twin-island territories of Curaçao and Sint Maarten, both vulnerable to rising sea levels and extreme weather, integrating climate risk into financial oversight is increasingly critical. The technical assistance will help CBCS build the analytical frameworks needed to evaluate climate-related financial risks more effectively. This move aligns the CBCS with broader international efforts to make financial systems more resilient in the face of climate change.

Key Facts
  • The CBCS was selected in the first round of the NGFS capacity-building initiative to receive international technical assistance.
  • The support is aimed at strengthening the CBCS's climate scenario analysis capabilities.
  • The NGFS is a global network of central banks and supervisors focused on greening the financial system.
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Read original articleSummary translated automatically · Source: 721 News

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SMART 2027 Opens Registration with Early Bird Promotion

St. Maarten's annual regional trade fair, SMART 2027, has officially opened its registration period with a special promotional offer called the 'Chirp First Early Bird Season.' The fair, held in Philipsburg, St. Maarten, is a key business and commerce event that draws regional and international exhibitors and vendors. The early bird promotion is designed to incentivize early sign-ups, likely offering discounted rates or priority placement for participants who register ahead of a set deadline. SMART serves as an important platform for local entrepreneurs, regional businesses, and international brands to showcase products and services to Caribbean consumers. The opening of registration signals the beginning of the buildup toward the 2027 edition, giving businesses ample time to plan their participation. The fair plays a significant role in stimulating local economic activity and fostering regional trade connections across the Caribbean.

Key Facts
  • SMART 2027, St. Maarten's annual regional trade fair, has opened its registration period.
  • The early bird promotion is called 'Chirp First Early Bird Season' and is intended to encourage early sign-ups.
  • The fair is held in Philipsburg, St. Maarten, and serves as a major regional business and commerce event.
Read story Read original article Summary translated automatically · Source: SXM Island Time
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Winair Expands Fleet and Eyes Interline Partnership Upgrades

Sint Maarten-based regional carrier Winair is expanding its fleet as part of a broader growth strategy aimed at strengthening its position in the Caribbean aviation market. The airline, formally known as Windward Islands Airways, has long served as a critical connector between smaller Eastern Caribbean islands and major hubs. The fleet additions are expected to increase capacity and improve reliability across Winair's route network. Alongside the fleet growth, Winair is pursuing upgrades to its interline agreements, which allow passengers to book connecting flights across multiple airlines on a single ticket — a move that would make the carrier more competitive and convenient for travelers. Enhanced interline partnerships would allow Winair to feed passengers to and from larger international carriers more seamlessly. The developments signal renewed investment and ambition at the airline, which serves as a lifeline for many smaller islands with limited air access. If successful, the expansion could meaningfully improve regional connectivity across the Lesser Antilles.

Key Facts
  • Winair, based in Sint Maarten, is expanding its fleet to boost regional capacity.
  • The airline is pursuing upgrades to its interline agreements to improve connectivity with other carriers.
  • Winair serves as a key regional connector for smaller Eastern Caribbean islands.
Read story Read original article Summary translated automatically · Source: ch-aviation
St. Maarten Publishes List of Compliant Car Rental Operators
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St. Maarten Publishes List of Compliant Car Rental Operators

The Ministry of Tourism, Economic Affairs, Transport and Telecommunication (TEATT) on St. Maarten, through its Inspectorate of Economic and Transport Affairs (IETA), has released a list of car rental operators that have successfully completed the 2026 Confirmation Letter Process. The publication serves as official recognition of businesses that are currently in compliance with licensing and permit requirements. Alongside the compliant list, the ministry issued a final notice to operators who have not yet completed the process, signaling that a deadline is approaching. The move is part of the government's broader effort to regulate and formalize the car rental industry on the island. Non-compliant operators who fail to respond to the final notice risk losing their permits to operate legally. The action is significant for consumers and the tourism sector, as it helps ensure that rental businesses meet established standards. This regulatory push reflects St. Maarten's ongoing efforts to maintain a structured and accountable business environment within its tourism-driven economy.

Key Facts
  • TEATT's inspectorate published a list of car rental operators that completed the 2026 Confirmation Letter Process.
  • A final notice was issued to operators who have not yet fulfilled their permit requirements.
  • Non-compliant businesses risk losing their operating permits if they fail to respond.
Source: 721 News·2 days ago
Read story Read original article Summary translated automatically · Source: 721 News