As a business innovator, I am always interested in finding new ways of inspiring creativity and transforming ideas into concepts and business propositions. Thomas Edison once said, “Innovation is 1% creativity and 99% perspiration.” You will perspire a great deal to obtain the financial means to either start your business, finance the growth path you […]
During a visit to the management of Curaçao Ports Authority (CPA), the cruise company Royal Caribbean Cruise Lines made it clear that Curaçao has scored excellent in 2013 with the cruise passengers. The delegation was led by Royal Caribbean Frederico Gonzalez, director of governmental relations in the Caribbean and Latin America, and former captain and […]
Multinational IT company, Inspur, which is headquartered in China, is considering the establishment of establishing a business in Curaçao to serve the region. The idea emerged when Minister Nelson Navarro, along with acting police chief Rudsel Martina and Sector Director Gerold Daantje of the Ministry of Justice recently visited the company in China. The delegation […]
The concept “paperless office” was coined as early as 1975 in a Business Week article that predicted the future office environment, taking into consideration the advances that were being made in computer technology. We have come a long way since that article was published, amazingly so, but a paperless office has still not been realized […]
Being able to assess credit worthiness is gold for lenders and businesses. One of the best ways to verify the credit worthiness of your customers is to run a credit report before selling on account or extending loans. A good credit reporting infrastructure in a community has benefits to banks, retailers and consumers. Studies have […]
Curaçao could not have hoped for a better start at the 10th annual Caribbean Regional Compliance Association, (CRCA), Conference, entitled ‘Chaos – the New Normal’. Minister of Economic Development, Mr. Eugene Rhuggenaath shared the breaking news that Curaçao is now fully compliant with international fiduciary standards. The CRCA conference covered topics related to financial crime […]
Factoring, also called accounts receivable funding, is the purchasing of invoices from a business at a discount in exchange for immediate cash; cash that would normally remain tied up in accounts receivable. Besides providing additional cash flow, a factoring company (factor) also provides collection services and debtor management. The factoring process is continuous, providing you […]
The recent presentation of the Tourism Master Plan to the Government of Curaçao, and business associations, outlined a solid path to increase the economic contribution that tourism makes to the island’s economy.TEXT KATY BRANUM The focus of this plan is to attract larger numbers of visitors from the northeastern area of the USA. This target […]
“CSR is all about incorporating respect, transparency, and inclusion of the community. It’s like a three-legged stool. If one leg is missing the stool won’t stand up.” -Bernarda Elizalde, Responsible Mineral Development Consultants, Inc. Corporate Social Responsibility: A Must for the Development of CuraçaoCorporate Social Responsibility (CSR) is a concept that is becoming more and […]
Thanks to our rich cultural heritage, Curaçao has a multicultural society with people from diverse backgrounds, speaking several languages, all with a global perspective on business. This is so deeply rooted in our culture that we tend to forget the great advantages it has on our daily work-life. TEXT LESLEY HORNUNG We often talk about […]