Curaçao Could Collect Far More Dividend From State-Owned Companies

The Curaçao Gaming Authority (CGA) has published the third installment in an ongoing series of articles aimed at explaining its role and organizational structure to the public. The CGA serves as the island's highest regulatory body overseeing the gambling sector. The authority was established through the 'Landsverordening op de Kansspelen' (LOK), which translates as the National Ordinance on Games of Chance. This legislative framework forms the legal foundation upon which the CGA operates and derives its mandate. The publication of this explanatory series appears to be part of a broader effort by the CGA to increase transparency and public understanding of how gambling regulation works in Curaçao. The island has long been a significant hub for both land-based and online gaming operations in the Caribbean region.

A shipment of fish that arrived by boat from Venezuela on Monday was turned back after authorities determined the cargo lacked a valid destination or consignee in Curaçao. The fish were reloaded onto the same vessel and sent back to Venezuela. The Economic Inspection service, led by an inspector identified only as sr., was involved in the enforcement action. Large nets filled with fish had been hoisted aboard the returning vessels, according to the report. The incident highlights ongoing regulatory oversight of informal or undocumented maritime trade between Venezuela and Curaçao. Such shipments require proper documentation and a declared destination to be legally offloaded on the island. The swift return of the cargo signals that authorities are actively enforcing import regulations at the port.

Richard Doornbosch formally stepped down as president of the Central Bank of Curaçao and Sint Maarten (CBCS) on Tuesday, concluding a six-year tenure at the helm of the institution. The CBCS serves as the joint central bank for both Curaçao and Sint Maarten, playing a critical role in monetary policy and financial supervision across the two islands. Doornbosch's departure marks a significant leadership transition for the bank, which has navigated economic challenges in the region during his time in office. New board members were officially welcomed as part of the leadership handover ceremony. The transition signals a new chapter for the CBCS as it continues its mandate of maintaining monetary stability for both island nations. The outgoing president is reported to be moving on to a new role following his departure from the bank.