#SANTA BARBARA, CURAÇAO, December 10, 2020 –Sandals Resorts International (SRI), the world’s leading all-inclusive company, announced today the signing of an agreement that will bring Sandals® Resorts to a brand-new destination, at the Santa Barbara Resort on the island of Curaçao.
This will mark the ninth island destination for the brand in the Caribbean region. The new Sandals Curaçao will initially include 350-luxurious rooms and suites stretched along the Spanish Water Bay and the Caribbean Sea, with a further expansion planned in the coming years. Formerly the Santa Barbara Beach & Golf Resort, part of a broader 3,000-acre development, the resort will be completely “Sandalized,” a process set to begin in 2021.
Sandals Curaçao will bring the opulent resort innovations to the island, which have become synonymous with the world-renowned Sandals Resorts brand across the region. Conceptual plans for the resort include adding key elements for the signature Sandals experience, including new expansive pools, a variety of 5-Star Global Gourmet™ dining options and lavish accommodations, including magnificent newly constructed River Suites. Guests will also have access to the neighboring 18-hole Pete Dye championship golf course, two onsite marinas and 38,000-square-feet of indoor and outdoor meeting space, the largest on the island.
World-famous for its vibrant culture, pristine beaches and coves, Curaçao also boasts spectacular dive sites and exotic marine ecosystems. With year-round temperatures of 80 degrees, it’s touted as the perfect anytime-escape. The resort will have a positive, immediate and long-term impact on the island and the people of Curaçao. In year one alone, it is expected to have an over $40 million economic footprint and an impressive track record on the creation of new employment. The resort alone will add over 1,200 local jobs, comprised of 800 new team members, and 400 local tradesmen and craftsmen. This will be followed by a positive economic ripple-effect for the community extending to the local taxi and transportation sectors, wider supply chain, agriculture, increased airlift and increased yearly tourism numbers—especially with the key US tourism market.
Roald Smeets, Director of the Santa Barbara Beach & Golf Resort, said: “We have a unique opportunity to attract a globally-recognized hotel operator, owner and investor such as Sandals Resorts, which will bring an unprecedented boon to the Curaçao tourism industry and the local economy. Its position as both a hotel operator and owner, with the ability to attract regular scheduled airlines from North America, distinctly marks it out from other hotel groups. We found its impressive plans for the site and dedication to building the profile of Curaçao as a world-class tourism destination particularly compelling. Its future investment into the community will reinvigorate the tourism market, secure the livelihoods of hundreds of families and benefit every individual on the island through rejuvenating the local economy. Curaçao has a tremendous future ahead, due to this exciting new venture, which will put Curaçao truly on the global stage.”
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Sandals Resorts International Founder and Chairman, the Hon. Gordon “Butch” Stewart, along with Deputy Chairman Adam Stewart, had this to share: “It has been our distinct pleasure to work alongside the government of Curaçao and the Smeets family on this exciting new endeavor for the Sandals brand,” stated Gordon “Butch” Stewart. “We wish to express our deepest gratitude to Roald Smeets, who has been instrumental to this process and absolutely delightful to work with. We plan to do more than our part to raise the world’s appreciation of this beautiful country.”
Adam Stewart added, “Each time we expand, we bring with us the full potential of our 40-years in hospitality. The new Sandals Curaçao embodies our philosophy of forward-thinking and looking through a new lens. It is a promise not only to our guests but to our team members for continued innovation. Curaçao is a place to be discovered, and we are so proud today to become part of this community.”
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#TurksandCaicos, March 29, 2023 – On April 1st, the second round of increases on contributions at the National Insurance Board will kick in for the Turks and Caicos workforce. Announced last year, the increases were instituted to keep the NIB from running out of money by 2027 as it services a population that is living longer with contributions that had not been increased in 30 years.
As the Government’s new financial year begins, increases at NIB will mean a higher cost for doing business and a higher cost for running the Government.
The private sector is expected to pay contributions at a rate of 11 percent on your taxable income. The hike is up from last year’s 10 per cent; six percent of which is to be paid by the Employer and five percent is to be paid by the Employee. For wages of $2000, this will mean a $200 improvement in income per month to the NIB. As for the burn on residents’ pockets, based on a minimum wage of $1200 monthly salary, that’s at least $60 dollars a month and $720 per year.
Public sector rates will move to 10.15 percent up from 9.15 per cent with the worker paying 4.575 per cent and the Government paying 5.575 per cent; that’s $54 a month and $648 a year at minimum wage.
The NIB rate as of April 1, 2023, will jump to 9 percent for self-employed individuals; For self-employed individuals at minimum wage, that is $108 dollars a month or $1296 per year.
As taxable incomes increase so will the contribution.
The increases follow a 2019 Actuarial review, undertaken every three years, which unearthed that the NIB was facing a dismal future, possible collapse. Contribution rates were growing at a rate much slower than NIB expenses, which included beneficiary payouts. On that trajectory, the NIB’s earnings would be eclipsed by its income by 2027, forcing the worker protection plan to draw down on money saved for economic shocks like Covid-19.
Unsurprisingly, this was deemed untenable, and an immediate increase was recommended.
Despite this scramble to boost earnings, the NIB has simultaneously increased payouts. Payouts for pensions, funeral grants, maternity grants and more will all attract bigger sums.
These incremental increases on contributions and payouts were all consultant recommendations, informed statements from the Board.
#TurksandCaicos, March 27, 2023 – Following the announcement that several women had been robbed and assaulted in Blue Hills in the past weeks, Magnetic Media queried why the Police would wait until they had a man in custody to release an alert.
TCI’s newest addition to the top brass Detective Superintendent Dean Holden, Head of Crime, Safeguarding and Public Protection, told us that it initially appeared to be an isolated offence and not part of a series of incidents.
“The full circumstances needed to be investigated to ascertain the facts before a public alert could be considered. Misinformation in such a case would only cause unnecessary public concern and confusion and could adversely impact the investigation and the safeguarding of persons involved—” he said. “Even now there is no definitive information that these offences are linked, and investigators remain open-minded.”
Holden claimed an early alert with limited information could have hindered the investigation and they were trying to protect the women who may not have wanted to be identified based on where they lived.
As it turns out, the public concern was very much warranted, because there have been more violent sexual attacks, and more victims got hurt, forcing their hands.
“When further similar offences were committed, the overriding principle of sustained public protection was considered, hence the alert/release issued,” he said.
That alert was coupled with the news that a man had been arrested. Whether those further similar incidents could have been prevented if the public was informed earlier and taken extra precautions, is the underlying question. To date, we don’t know how many victims there are.
Police have increased patrols in the Blue Hills area and condemned the crimes as unacceptable. They have not indicated if anyone was charged for the offences yet.
#TurksandCaicos, March 27, 2023 – After a festive three days of competition, the TCISS Inter-High Track & Field Championships 2023 have concluded with the A. Louise Garland Thomas High School reigning as Champions. Featuring a great turnout, eleven schools from across the Turks and Caicos Islands met to compete at the National Stadium March 9-11, 2023.
The competition was stiff among athletes, who were all competing for top spots and by extension a spot-on Team TCI’s CARIFTA 2023 team. From high-spirited invitationals to entertainment by DJ Shakes, spectators enjoyed the best Nationals competition yet.
Overall results:
1st Place: A. Louise Garland Thomas High School
2nd Place: Clement Howell High School
3rd Place: Marjorie Basden High School
Twenty athletes have been selected for Turks and Caicos Islands National CARIFTA Team, some who would have competed in the TCISS Inter-High Track & Field Championships 2023 and some living abroad.