Plaza Hotel & Casino in Curacao sold to only bidder in auction

Plaza Hotel & Casino in Curacao sold to only bidder in auction

Posted on 07/20/2017 5:45 pm AST | Updated on 07/20/2017 5:45 pm AST

WILLEMSTAD – Plaza Hotel y Casino in Curacao was sold to John Burchan of Waterfront Hotel Group for 9 million dollars during an auction process this morning. This according to Curacao evening paper Amigoe. Burchan was the only bidding party at the auction. As the sale took place at the entry price, this was enough for the Giro Bank to cover the current outstanding debt of the hotel, declared bankrupt earlier this year. As for the 50 employees, they will now be laid off and be eligible for severance pay. The new owner has 10 business days to make the money transfer to the attending bank, Giro Bank. Source Amigoe newspaper, picture Curacao to Go .

  • Aruban authorities announce permit policy change for selected few

    Aruban authorities announce permit policy change for selected few

    ORANJESTAD – A selected group of foreign citizens requesting their first living Aruba permit can now remain on the island while their docs are being processed. The new policy was announced by DIMAS director Kathy Paskel, in charge of handling island permits. The selected few are people who are no burden to the labor force, and who have made a positive contribution to the island. Paskel referred to investors, renter, pensioner, trainee and others married to a local. They are allowed to remain in Aruba while their documents are being processed. Others need to adhere to the regular integration policy, which states that people need to wait abroad for their permit.

  • Immigration chief: Aruba deported more than 1000 people in 2017

    Immigration chief: Aruba deported more than 1000 people in 2017

    ORANJESTAD – Aruba Deportation statistics on deported people have increased drastically this year says immigration chief Gerald Vingal. According to Vingal, it’s a first for the island, having deported more than 1000 illegals of the island. Vingal also confirmed an increase in ‘tourists turning into illegal aliens’. These are people that arrive as regular tourists, but never leave the island. They ‘blend’ into the workforce and are later ‘captured and deported’ during raids. The immigration chief assured that they are handling the situation with ‘ a strong hand’.

  • Caribbean Journal: Hilton and Renaissance amongst top 5 Aruba hotels

    Caribbean Journal: Hilton and Renaissance amongst top 5 Aruba hotels

    ORANJESTAD – Aruba Hilton y Aruba Renaissance hotel are amongst the top 5 Aruba hotels, according to tourist website Caribbean Journal. The other 3 hotels making the cut, were Aruba ta Bucuti/Tara Beach, Marriott and Ritz Carlton.

  • Koolman: Aruba CITGO refinery refurbishing process has 9-month delay

    Koolman: Aruba CITGO refinery refurbishing process has 9-month delay

    ORANJESTAD – The Aruba CITGO refinery-refurbishing process has a 6 to 9 month delay said Refineria di Aruba CEO and president Alvin Koolman, the refinery owner during NoticiaCla LIVE Facebook show Monday. Koolman remains confident however, that the refinery could still make the October 1st 2020 startup deadline. A delay in startup is ground for a breach of contract says Koolman, although it shouldn’t get that far. Initial planning called for the refurbishing phase to take 18 to 24 months after the refinery takeover documents were signed in October of 2016. With delays announced in two occasions earlier this year, the latest developments further delay the process, Koolman thinks. The refurbishing process is delayed by 6 to 9 months taking us will into 2019 before actual work can began, preparing for the startup on October 1st 2020. Koolman feels positive that even with the latest possible delays, CITGO can still make the October 2020 deadline. .

  • Koolman: Top CITGO official’s recent arrest hampered RDA loan financing efforts

    Koolman: Top CITGO official’s recent arrest hampered RDA loan financing efforts

    ORANJESTAD – The recent arrest of the top CITGO petroleum officials in Venezuela hampered the Refineria di Aruba (RDA) loan financing process, its CEO and president Alvin Koolman told to NoticiaCla LIVE’s Facebook show. Koolman hereby confirmed previous statement by Aruba prime minister Evelyn Wever Croes, that the government would not get the pending settlement money as previously promised. Koolman however clarified that the pending money would be paid, but with a delay. Hesitation from local financial institutions wanting ‘assurances’ that CITGO’s monthly lease payments were not in jeopardy is the holdup, Koolman continued. A meeting planned between RDA and CITGO officials this week would clarify any issues pertaining to the matter, Koolman assured this website.

  • Chilean national caught with large amount of credit cards and cash

    Chilean national caught with large amount of credit cards and cash

    ORANJESTAD – Aruba authorities arrested a 41-year-old Chilean national at the airport as he was trying to flee the country. They caught him with 14 credit cards, 32.757 Dollar and 5000 Chilean pesos. As he had no credible explanation how he obtained the money and credit cards, he was arrested and credit cards were confiscated. The suspect ‘disowned’ the content. The monies collected will be transferred to the so-called criminal funds, used to fortify law and order on the island.

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