CMC and CBV Restart Collective Labor Agreement Talks

Orco Bank celebrated its 40th anniversary with a joint event bringing together employees from both Curaçao and Bonaire. The milestone marks four decades of the bank's presence and operations across the Dutch Caribbean islands. The celebration honored the contributions of staff who have been central to the institution's growth and longevity. Orco Bank is one of the region's established financial institutions, serving both personal and business banking needs across the islands. The joint gathering underscores the bank's commitment to its workforce and its multi-island footprint in the Caribbean banking sector. Reaching 40 years represents a significant benchmark for any financial institution, particularly in the competitive and evolving Caribbean market.

Curaçao's housing foundation FKP is pushing forward with a major housing expansion under its Mi Kas Awor program, which could generate up to 860 jobs on the island. The initiative is designed to address the island's longstanding affordable housing shortage while simultaneously stimulating local economic activity. FKP is targeting significant construction output, with the job creation potential spanning roles in construction, planning, administration, and related trades. The program represents one of the more ambitious housing efforts in recent Curaçao history, aiming to deliver tangible social and economic benefits simultaneously. Officials see Mi Kas Awor as a strategic investment that could ease housing pressure on lower- and middle-income residents while boosting employment figures. The scale of the expansion signals a renewed government and institutional commitment to tackling Curaçao's housing deficit in a meaningful way.

The Telecommunications Regulatory Authority of Curaçao (RAC) has issued a public warning reminding residents and businesses that the sale and use of Starlink satellite internet services remain prohibited on the island without a proper concession. Starlink, the satellite broadband service operated by SpaceX, has not been granted the required operating license to function legally in Curaçao. The RAC's warning suggests that despite the legal prohibition, Starlink devices may be circulating or in use on the island, prompting the authority to take a public stance. Operating or selling telecommunications services without a concession violates local telecom regulations and can carry legal consequences. The reminder underscores the broader challenge Caribbean regulators face as globally popular tech services expand rapidly, often outpacing local licensing frameworks. Consumers who have purchased or are using Starlink equipment could potentially face penalties under current law. The RAC has not yet indicated whether any enforcement actions have been taken against specific individuals or vendors.