标签: Suriname

苏里南

  • Fiscale  ringfencing bij olie- en gascontractors

    Fiscale ringfencing bij olie- en gascontractors

    In a response to a recent nuance added to his earlier claim that Suriname’s tax legislation does not include a formal fiscal ringfence, legal expert Siegfried Kenswil has systematically refuted the counterargument put forward by Shyamnarain, breaking down the two core pillars of the opposing position and explaining why their interpretation does not hold up under close legal examination.

    Shyamnarain’s counterargument rests on two key legal provisions: Article 19 of Suriname’s Petroleum Act and Article 19.2.1 of the model Production Sharing Contract (PSC). Kenswil first addresses the status of Article 19 of the Petroleum Act, clarifying that this article is exclusively a registration and compliance requirement, not a substantive tax rule. The first clause of Article 19 mandates that all petroleum contractors maintain an office in Paramaribo, while the second clause requires this office to be registered in line with national legal requirements. Kenswil notes that both the 1990 explanatory memorandum to the original Petroleum Act, which explicitly links this provision to the Code of Commerce and the Trade Register Act, and the 2022 legislative amendment confirm this framing: Article 19 exists only to ensure contractors meet existing tax filing and payment obligations, not to impose new deduction limits for individual fields or contracts. Reading a fiscal ringfence into this provision is a creative interpretation, but it is not legally defensible, Kenswil argues.

    Turning to the second pillar of the counterargument, Article 19.2.1 of the model PSC, Kenswil emphasizes that this provision explicitly defers all tax rules to the 1922 Income Tax Act – legislation that does not include any fiscal ringfence provision. While Article 19.2.1 outlines guidance for allocating revenues and costs for contract purposes, all formal tax assessment is carried out under the terms of the national income tax law, not the contract itself. This means the PSC cannot create an independent fiscal regime, a position that the 2022 legislature explicitly confirmed: petroleum contracts cannot grant tax privileges that are not already established in statutory law, and all tax-related terms in PSCs are bounded and governed by Article 9(1) of the Petroleum Act.

    A critical point of confusion that Kenswil unpacks is the difference between a contractual cost recovery ringfence and a statutory fiscal ringfence. The ringfencing outlined in the PSC is a commercial mechanism that limits which costs can be offset against oil revenues from each individual commercial field. This is fundamentally different from a fiscal ringfence that would isolate tax liabilities for tax assessment purposes. Further, Kenswil points out that PSC ringfencing applies per commercial field, while Shyamnarain’s argument applies it per contract block. The Petroleum Act explicitly draws a distinction between these two terms: a field is defined as a geologically bounded hydrocarbon accumulation, while a block is the formal contract area, and the law explicitly notes their boundaries do not always align. Shyamnarain’s argument incorrectly conflates contractual cost recovery with tax assessment, and fields with blocks, Kenswil says.

    Kenswil also pushes back on Shyamnarain’s warning that his original claim could spark unnecessary disputes between industry parties. He notes that since the first PSCs were implemented in Suriname, all tax filings have been submitted without fiscal ringfencing, and have consistently been accepted by the Suriname Tax Administration without objection. There has been no existing dispute over this issue until now. This long-standing practice has a clear practical basis: a foreign company operating across multiple blocks is still a single tax payer under Suriname law, requiring a single unified tax filing. Both Staatsolie, Suriname’s state oil company, and the Suriname government are well aware that the same contractor company typically signs multiple PSCs for different blocks. The Tax Administration’s administrative and operational systems are not structured to split a single legal entity into multiple separate permanent establishments or branches, each with isolated tax liabilities per block.

    Kenswil concludes that the current debate over fiscal ringfencing is only being created by claims that the mechanism applies to PSCs that have been operational for many years. Existing contracts also include formal stabilization clauses and guarantees that protect contracting parties from retroactive regulatory changes. A shifting interpretation by implementing authorities does not qualify as a formal legislative change that can be applied retroactively to existing contractual relationships, he adds.

  • Diplomaten versterken Chinese taalvaardigheid in jubileumjaar betrekkingen met China

    Diplomaten versterken Chinese taalvaardigheid in jubileumjaar betrekkingen met China

    On July 21, a cohort of Surinamese diplomats and civil servants marked a key milestone in bilateral cooperation with China, successfully graduating from a foundational Mandarin language training course organized as part of 50th anniversary celebrations of diplomatic relations between the two nations. The three-month program was initiated by Suriname’s Ministry of Foreign Affairs, International Trade and Cooperation (BIS) as part of its ongoing push to professionalize the country’s diplomatic corps and deepen people-to-people and institutional ties with Beijing.

    Speaking at the closing ceremony, Miriam Mac Intosh, Director of the BIS, emphasized that language proficiency is an irreplaceable tool for modern diplomatic practice. She noted that Mandarin skills will directly improve mutual understanding between Surinamese and Chinese counterparts, simplify on-site visits, streamline negotiation processes, and smooth daily working interactions between the two sides. Mac Intosh also encouraged all course participants to continue refining their Mandarin skills in their future diplomatic work.

    Chinese Ambassador to Suriname Lin Ji echoed this view, noting that language learning acts as a people-to-people bridge connecting the two nations. The successful completion of this foundational course, he said, lays a solid foundation for advancing and deepening the comprehensive cooperation between China and Suriname in all sectors.

    Gardel Jong a Ten, Vice President of the local Confucius Institute, which partnered to deliver the training, contextualized the course within the framework of the 50th anniversary of diplomatic relations. Beyond basic language instruction, the program also integrated modules introducing participants to core elements of Chinese culture, including traditional festivals and cultural customs. Jong a Ten announced that the institute will continue rolling out new language training programs and cultural exchange activities for Surinamese institutions and the general public in the coming months.

    Surinamese Foreign Minister Melvin Bouva added that boosting professional capacity among the country’s diplomatic workforce is one of his top policy priorities. Through the Suriname Diplomatic Institute, the ministry is investing heavily in expanding the knowledge base, technical skills, and intercultural competence of Surinamese diplomatic staff, to equip them to effectively represent Suriname’s interests in an increasingly interconnected global landscape.

    Bouva framed the Mandarin course as a tangible example of this capacity-building strategy in action, describing languages as “powerful instruments of diplomacy” that foster open dialogue, strengthen mutual understanding, and advance constructive international cooperation. The closing ceremony concluded with a creative showcase from participants, who demonstrated their new language skills and cultural knowledge through performances of traditional Chinese songs and original sketch comedy.

  • Derde helft WK 2026: Spanje topt FIFA-wereldranglijst, Marokko bereikt recordhoogte

    Derde helft WK 2026: Spanje topt FIFA-wereldranglijst, Marokko bereikt recordhoogte

    In the first update of FIFA’s Men’s World Rankings following the conclusion of the 2026 FIFA World Cup, the global football landscape has shifted dramatically, bringing new leadership and historic breakthroughs for emerging nations.

    Led by head coach Luis de la Fuente, Spain claimed the new World Cup trophy with a 1-0 extra-time victory over defending champion Argentina, and that title run has propelled the side straight back to the pinnacle of the global rankings. This marks the first time Spain has held the number one position since January of this year, capping off a stunning tournament run built on tight tactical organization and dynamic young talent. “Spain has proven that their combination of tactical discipline and youthful energy has returned them to the absolute top of men’s international football,” noted leading football analyst Marco Janssen.

    World Cup finalists Argentina drop one position to claim second place in the updated rankings, while 2026 semi-finalists France remain in the third spot they held entering the tournament. Bronze medalists England also hold steady in fourth place, with five-time World Cup winners Brazil climbing one spot to round out the top five.

    The biggest story of the rankings update comes from North Africa, as Morocco capitalized on its outstanding 2026 World Cup performance to climb into sixth place in the world – the highest ranking the nation has ever achieved in its history. This breakthrough also marks a new milestone for African football on the global stage. “Marokko’s rise proves that African nations are growing increasingly dominant in elite international men’s football,” said sports commentator Amina Diallo.

    Behind the top six, European side Portugal drops two places to seventh after a disappointing early exit from the 2026 tournament. Belgium and Netherlands swap positions, sitting at eighth and ninth respectively, while Mexico jumps four places to break into the top 10 rankings.

    Norway is the biggest climber across the entire table, jumping an impressive 12 positions to 19th after reaching the 2026 World Cup quarter-finals. The nation’s surprise deep run is widely attributed to years of intentional youth development and targeted investment in grassroots talent. “Norway’s ascent is a clear sign of the payoff from strong youth development systems and consistent investment in talent cultivation,” observed veteran football expert Erik Lund.

    Two traditional European powerhouses that missed out on 2026 World Cup qualification suffered notable drops in the rankings. Germany, a four-time World Cup winner, falls out of the top 10 to 12th place, just one position ahead of 2020 European champion Italy, which drops to 15th.

    In the lower ranks, Tunisia recorded the steepest fall, dropping 12 spots to 57th. On the positive side for other African and South American sides, Egypt climbs five places to 24th, Paraguay jumps seven spots to 34th after reaching the World Cup round of 16, and Cabo Verde – which made it to the round of 32 in its first ever World Cup appearance – rises three positions to 64th, sitting just above Ghana, which climbed eight places in the update.

    The latest FIFA rankings paint a clear picture of a shifting global football ecosystem, as long-established elite powerhouses now face growing competition from emerging football nations, who are reshaping the sport with fresh energy, innovative tactics, and intentional investment.

  • MV Barima tragedie: 69 overlevenden gered, 27 lichamen geborgen

    MV Barima tragedie: 69 overlevenden gered, 27 lichamen geborgen

    Rescue operations are continuing at full pace after the passenger-cargo vessel MV Barima capsized off the Caribbean coast of Guyana, leaving at least 27 people dead and around 83 others unaccounted for, Guyana’s Prime Minister Mark Phillips confirmed in a press briefing Monday evening.

    Phillips announced that two additional crew members have been pulled from the water alive, a pair that were not included in an earlier official count of 67 saved passengers and crew. After a thorough review of boarding video footage, authorities have now confirmed that a total of 179 people were on board the vessel when it overturned Saturday night.

    The MV Barima departed from Georgetown’s main port Saturday afternoon, bound for the remote port of Port Kaituma in Guyana’s Region 1. The disaster unfolded hours after departure, when the ship suddenly capsized in open water. The sunken vessel’s exact location was only pinpointed recently, thanks to a tip from local fisherman Haresh Singh and the joint support of the local fishing community and the crew of the private vessel Gilligan Island. Specialized French divers have now arrived on site to join local recovery teams in searching the wreckage.

    Prime Minister Phillips emphasized that search teams still hold out hope for finding additional survivors, citing marine experts’ assessments that the submerged wreck likely retains trapped air pockets that could sustain human life. “Our entire focus remains on locating people. Every single minute counts,” the prime minister told reporters.

    All recovered bodies are transported to the town of Charity for processing by public health and law enforcement authorities, with family members invited to the Suddie Hospital to complete formal identification processes. As of Monday, 10 victims have been publicly identified, including 20-year-old Dwayne Forbes and Shivanna La Cruz Romascindo. The 27th body was recovered Monday afternoon, the same day the wreck’s location was formally confirmed.

    The tragedy has already sparked serious questions about regulatory oversight and vessel compliance ahead of the disaster. Officials have confirmed that only 35 of the 67 rescued passengers appeared on the official pre-departure passenger manifest, meaning the vast majority of people on board were never formally registered for the voyage. Questions have also been raised about the accuracy of the ship’s cargo declaration, which listed 268 tons of cargo — just 16 tons under the vessel’s maximum permitted load of 284 tons.

    In a further alarming development, both the ship’s captain and chief engineer have been taken into custody after testing positive for narcotics use prior to departure.

    Guyanese President Irfaan Ali addressed the nation Monday, announcing a full and transparent investigation into the causes of the disaster. “Our immediate priorities are saving any lives that can still be saved, supporting everyone affected by this tragedy, comforting grieving families, and accounting for every person still reported missing,” Ali said. The president has personally visited survivors, family members of the missing, and local hospitals in the affected regions of Port Kaituma and Mabaruma, and has called on all Guyanese to stand together in support of impacted communities. A national period of mourning will be held in the coming days, with additional details to be released at a later date.

  • Column: De jacht op de politieke jackpot is begonnen

    Column: De jacht op de politieke jackpot is begonnen

    Hardly four months have passed since the passing of former VHP leader Chan Santokhi, and the battle for control of Suriname’s major political party is already in full swing. Though the timing of this early power play may seem unseemly to some observers, it reflects the unforgiving rhythm of modern politics, with multiple factions already positioning themselves to take the party’s top post.

    At least three distinct groups have already emerged as contenders for the VHP leadership, with more potential candidates widely believed to be waiting in the wings. While official party rules mandate that leadership elections must be held no later than May 29, 2027, the stakes of this contest stretch far beyond the title of party chair. Whoever claims the leadership will get the rare opportunity to steer the VHP back to national power ahead of the 2030 parliamentary elections – a vote that will be held two years after Suriname expects to begin large-scale commercial oil extraction from its offshore seabed, a development that is projected to transform the country’s economic and political landscape. No major party wants to be stuck in opposition when that economic shift arrives, and the VHP, which saw its hopes for a second consecutive governing term dashed in recent elections, is more eager than any to return to power. That is why the campaign for leadership has effectively launched years before the official vote.

    Deputy party chair Asis Gajadien was the first to openly declare his candidacy, and has already begun holding discussions with prominent party members across the country to build support. Party board member Mahinder Jogi has taken a different approach, putting forward party secretary Ganeshkoemar Kandhai as his preferred candidate rather than running himself. Jogi argues that Kandhai brings both the high-level governance experience and deep institutional knowledge of the VHP needed to rebuild the party after its electoral defeat. Like Jogi, Kandhai also has deep grassroots roots as the head of the Kwatta agricultural cooperative.

    A third faction, the Lelydorp group led by Partap Bissumbhar, has also made its bid for power explicit, with “renewal” as its central rallying cry. The group not only calls for a new party chair, but also demands a complete overhaul of the VHP’s existing governance culture, arguing that most current party leaders should be removed from leadership roles. This faction is also lobbying extensively across the country to win over rank-and-file party members to its side.

    Observers expect more candidates to enter the race in coming months, with interim party chair Glenn Oehlers already publicly indicating he has developed an appetite for the top job.

    Across all factions, there is widespread agreement on one core goal: restoring the VHP to its position as Suriname’s largest political party. The agreement ends there, however, as fundamental questions remain unanswered about how that goal will be achieved. Is simply putting forward new faces enough to win back power? Or does the party first need to confront the reasons for its recent electoral defeat honestly?

    That question is proving to be the most difficult one for the party to address, as it requires assigning political responsibility for the loss. Was the failure the fault of cabinet ministers who implemented the government’s policies? Of Santokhi, the public face of the administration? Or of the VHP’s parliamentary faction, which was tasked with overseeing the government, gathering feedback from the public, and raising internal alarms when policies began to falter?

    Notably, these tough questions have only become open for discussion now that the party leadership is vacant. While Santokhi was alive, internal differences of opinion were almost always kept private, and party members uniformly closed ranks whenever the VHP faced external pressure. This is not a unique dynamic for the VHP – nearly all political parties rely on this reflex to preserve unity during periods of stress. But after an electoral defeat and the departure of a long-time leader, the true strength of a party’s internal democracy is put to the test. Will the VHP dare to engage in critical self-examination, or will criticism be limited to individual leaders while the problematic internal culture remains untouched? Many analysts argue that this is the greatest challenge facing the next party chair: not just uniting the fractious party, but reinventing it for a new political era.

    Behind the public announcements and media narratives, the real battle for VHP leadership is being waged not in press conferences or party rallies, but in the party’s 300-plus local grassroots branches. These branches will soon elect new local leadership, and it is at this level that alliances are forged, support is organized, and long-term political relationships are built through constant grassroots outreach: attending community events, personal meetings, and local gatherings. It is these local branches that will ultimately decide which candidates have enough broad support to even appear on the ballot for the national leadership election. Under party rules, any candidate list put forward outside of the sitting national board must secure the support of at least 30 percent of local branches to qualify for the official vote. As political observers of the VHP have long noted: whoever wins the local branches, wins the party.

    In the end, this is the great paradox of the VHP’s leadership race. Everyone is already looking ahead to the 2030 national parliamentary election, which will be the ultimate political prize, but the path to that prize runs first through the party’s hundreds of local grassroots branches. While Suriname’s first commercial offshore oil is still yet to be pumped, the race for the VHP’s political jackpot has already been well underway.

  • Zunder: Verhoging minimumuurloon biedt wrokomans weinig verlichting

    Zunder: Verhoging minimumuurloon biedt wrokomans weinig verlichting

    On July 1, 2026, Suriname implemented a scheduled increase to the national general minimum hourly wage, raising it from SRD 52.47 to SRD 61.25. While union leader Armand Zunder acknowledges the adjustment as a necessary protective measure for low-income workers, he emphasizes it is far from enough to address the ongoing erosion of worker purchasing power driven by rampant inflation, currency devaluation, and skyrocketing living costs. Zunder is now calling for a major overhaul of the country’s wage structure to introduce a two-tier system that accounts for vast economic differences across industries.

    Following formal recommendations from the National Wage Council, the Surinamese government approved the new minimum wage rate. For full-time workers logging an average of 173.33 working hours per month, the adjustment translates to a gross monthly minimum salary of roughly SRD 10,616. At first glance, this increase appears to be a meaningful improvement for low-wage earners, but Zunder says the on-the-ground reality for most workers tells a different story.

    “While the figure on workers’ pay stubs has gone up, that does not automatically mean they can afford more goods and services,” Zunder explained. “Years of persistent inflation and devaluation of the Surinamese dollar have drastically eroded purchasing power, eating away almost all of the gains from this nominal wage increase.”

    Zunder points out that large groups of workers across Suriname’s economy earn at or even below the current legal minimum wage. This includes most staff in the informal sector, employees of micro and small enterprises, as well as frontline workers such as security guards, gas station attendants, home healthcare aides, waste collectors, janitorial staff, and hospitality workers. He notes that there has been no widespread celebration of the new wage hike among these groups, a reaction he calls entirely understandable. “These workers see every day how the costs of food, housing, transportation, healthcare, internet access, and utilities keep climbing far faster than their wages,” he added.

    The core of Zunder’s argument for reform centers on the fact that a one-size-fits-all national minimum wage no longer matches Suriname’s current economic landscape. He supports keeping the general minimum wage as an absolute legal floor to protect all workers, but argues the country must add sector-specific minimum wages on top of that baseline to reflect vast differences across industries.

    Notably, Zunder highlights that sectors including information and communications technology, mining, oil and gas, and financial services generally have far greater economic capacity, higher productivity levels, and requirements for more advanced skilled training than traditional industries such as small-scale agriculture, retail, and hospitality. “It makes no sense to hold every sector to the exact same standard,” Zunder said. “The general minimum can stay as the absolute lower bar, but stronger, more productive sectors that can afford higher pay should be required to set a higher minimum for their workers.”

    He also points to the rapid emergence of entirely new job categories in Suriname’s evolving labor market, including social media managers, data analysts, AI specialists, drone operators, offshore technicians, customer support specialists, and virtual assistants. These structural shifts in the workforce, he argues, make a full review of the country’s wage framework long overdue. Under Zunder’s proposed two-tier model, all workers would remain protected by the national general minimum hourly wage, while each sector or occupational category would set its own higher minimum aligned with that industry’s economic conditions.

    While the new nominal monthly minimum wage sits above the official poverty line for a single adult — which was set at SRD 7,337 for a one-person household at the end of 2024, leaving a gap of more than SRD 3,200 between the poverty line and the new minimum wage — Zunder warns this nominal comparison gives an incomplete and misleading picture of actual living standards.

    “You cannot only look at the nominal number on paper. You have to account for what that money can actually buy today,” he said. Using 2022 as a baseline year for his calculations, Zunder estimates that the Surinamese dollar retained only around 43% of its 2022 purchasing power by 2025. When adjusted for this loss of value, the new SRD 10,616 monthly minimum wage equals only roughly SRD 4,565 in 2022 real terms — far below the official poverty line set just a few years prior.

    “Workers see over SRD 10,000 on their pay stub, but their actual purchasing power is much lower. That explains why this wage adjustment is not being celebrated as a major step forward by most low-income earners,” Zunder added.

    For multi-person households, the situation is even more dire, according to Zunder. He estimates that by the end of 2025, the poverty line for a family of two adults and two children stood at roughly SRD 17,464 per month. If only one member of that household works full-time at the new minimum wage, their income covers just 61% of the total income needed to meet the family’s basic needs.
    “For a four-person household, one minimum wage is clearly not enough. Multiple incomes are required to close the gap. This is a clear example of working poverty: people who have steady jobs, but still cannot escape poverty with their earnings,” he explained.

    Even with its limitations, Zunder confirms the minimum wage increase is still an important protective measure that guards against the exploitation of workers through underpayment. The biggest gap in current policy, he argues, is poor enforcement of existing minimum wage laws. Zunder called for much stricter inspections and oversight, particularly in the informal sector and among small and micro-enterprises, where non-compliance with minimum wage rules is most common.

    Looking ahead, Zunder argues that future minimum wage policy cannot rely solely on adjusting the nominal hourly rate. Policymakers must also account for ongoing inflation, real purchasing power, updated poverty thresholds, sector-level productivity differences, industry profitability, and the economic capacity of micro and small businesses when setting wage standards.

    “The increase to SRD 61.25 is a step forward, but it is not the end goal,” Zunder emphasized. “As long as purchasing power continues to decline and households relying on one minimum wage cannot cover their basic needs, there is very little reason for workers to celebrate.”

  • Prof. Donders: Universele mensenrechten laten ruimte voor culturele verschillen

    Prof. Donders: Universele mensenrechten laten ruimte voor culturele verschillen

    A leading United Nations human rights expert has laid out a nuanced perspective on the intersection of universal human rights standards and global cultural diversity during a recent public lecture, challenging common misconceptions that universal rights require uniform cultural practices across nations.

    Prof. mr. dr. Yvonne Donders, a member of the UN Human Rights Committee and professor at the University of Amsterdam, delivered the keynote address at an event organized by Stichting Projekta in partnership with Geneva-based Centre for Civil and Political Rights (CCPR). The lecture, held at Spice Quest, drew a diverse cross-section of attendees eager to explore the often-debated relationship between global human rights norms and local cultural traditions.

    Opening her remarks, Donders emphasized that the universal application of human rights does not demand identical cultural frameworks across all societies. “Universality is not uniformity. Equality inherently includes the right to be different,” she told the audience. She went on to explain that culture and cultural identity form a core component of human dignity, a principle that is formally recognized and protected under the international human rights system.

    Donders argued that universal human rights create a structured framework that inherently accommodates cultural variation, leaving intentional space for diverse practices and identities. However, she stressed that cultural tradition cannot be invoked as an unlimited defense for practices that cause harm to individuals or marginalized groups, pointing to cases where children and other vulnerable populations are systematically disadvantaged by harmful cultural customs. “Culture is not static – it is constantly evolving,” she noted, adding that outdated harmful practices do not need to be fully eliminated entirely in all cases, but can be adapted to align with basic human rights standards.

    The lecture was followed by a discussion that touched on emerging modern challenges to the balance between human rights and cultural expression. Dutch Minister of Education, Science and Culture Dirk Currie raised questions about the impact of social media, widespread digitalization, and artificial intelligence on cultural preservation and human rights protections. In response, Donders acknowledged that digital transformation has expanded public access to cultural content from around the world, but warned that it also brings significant new risks. She highlighted the rapid spread of disinformation online as a major concern, and noted that artificial intelligence systems can often amplify existing societal biases because the algorithms that power them are rarely fully neutral.

    A key segment of the event focused on the legal obligations that governments assume when they ratify international human rights treaties. Donders explained that while participation in UN human rights agreements is a voluntary choice for sovereign states, ratification creates a binding requirement to align national legislation and policy with the standards outlined in the treaties. She pushed back against the common argument that some human rights standards are incompatible with local societal contexts, stating: “Countries cannot hide behind the claim that certain rights do not fit their society or lack public support indefinitely.” Governments, she said, have a responsibility to actively demonstrate progress toward implementing these rights, naming human rights education in schools, anti-discrimination action, bias reduction, and open public dialogue as core tools to advance this goal.

    The discussion also addressed the critical role of civil society organizations in upholding human rights standards. Donders stressed that legal mechanisms alone are not sufficient to guarantee effective human rights protection. Civil society groups, she explained, play an indispensable role by raising public awareness, fostering open public debate, and holding governments accountable through the submission of shadow reports that monitor compliance with international human rights obligations.

    The event was part of an ongoing partnership between Stichting Projekta and the CCPR, an organization that works with national governments to support effective implementation of international human rights agreements around the world.

  • President Simons naar Engeland voor gesprekken over investeringen en offshoresector

    President Simons naar Engeland voor gesprekken over investeringen en offshoresector

    On July 20, Suriname’s government announced that President Jennifer Simons will depart on Wednesday for a five-day working visit to the United Kingdom, where she will hold a series of high-level talks with leaders from major global financial institutions and private enterprises. The core mission of the trip is to unlock new investment opportunities, advance national economic development, and showcase the untapped potential of Suriname’s fast-growing offshore energy sector to the international business community.

    This official visit forms a central pillar of the Surinamese government’s broader strategy to strengthen cross-border partnerships and draw in foreign capital to support long-term national economic expansion. Simons is traveling with a small official delegation at the invitation of leading international financial bodies, with Finance and Planning Minister Adelien Wijnerman among the senior officials joining the trip. The President is scheduled to return to Suriname on Sunday, July 26, following the conclusion of all scheduled engagements.

    A key highlight of the visit is a planned meeting with senior leadership from Bank of America, one of the world’s largest and most influential financial institutions. According to a statement from the Surinamese government, discussions between Simons and Bank of America representatives will center on advancing inclusive economic development across Suriname and catalyzing new foreign direct investments that drive broad-based growth and strengthen the country’s overall financial resilience.

    Beyond financial sector talks, Simons will also meet with top executives from Subsea 7, a global industry leader in offshore engineering and energy infrastructure services. The bilateral discussions between the Surinamese delegation and Subsea 7 leadership will cover shifting dynamics in the global energy market, development of Suriname’s offshore infrastructure, expansion of maritime service capacity, and other areas of shared strategic interest for both parties.

    Government officials note that these scheduled talks align with Suriname’s ongoing, wide-ranging dialogue with global industry leaders focused on highlighting the economic opportunities emerging from the expansion of the country’s offshore oil and gas sector, and outlining the nation’s projected long-term economic growth trajectory to international investors.

    In addition to attracting new foreign investment, the working visit also prioritizes knowledge sharing and exchange of international best practices in public finance management, offshore sector development, and sustainable inclusive economic growth. The Surinamese government emphasized that the mission is geared toward building durable, long-term collaboration with global partners that will generate lasting economic opportunities and drive sustainable, job-creating investment for the people of Suriname.

  • Honderden gelovigen trekken door Paramaribo tijdens elfde Kar-festival

    Honderden gelovigen trekken door Paramaribo tijdens elfde Kar-festival

    On a warm Sunday in Suriname, hundreds of faith-filled devotees gathered to mark the 11th edition of the beloved Ratha Yatra, widely known locally as the Chariot Festival. Chanting the iconic Hare Krishna mantra in unison, the crowd processed through the streets of Kasabaholo alongside an elaborately decorated chariot carrying sacred deities: Sri Jagganath, Sri Baladeva, and Sri Subhadra Ji. This centuries-old Hindu tradition, originating in India and now celebrated across the globe, made its Suriname debut back in 2016, and has grown into a cherished annual cultural and spiritual gathering in the years since.

    The procession covered a roughly five-kilometer route, winding its way from Kasabaholo to its final destination: the ISKCON (International Society for Krishna Consciousness) center in the Welgelegen neighborhood. Upon the chariot’s arrival, the three deities were welcomed with a full program of celebratory rituals, including formal prayers, a dazzling fireworks display, and a unique floral tribute. A crane was used to shower hundreds of fresh blooms over the sacred deities as devotees looked on in reverence.

    Throughout the entire route, participants joined in joyous singing, dancing, and praise for the deities. Alongside spiritual observances, organizers distributed prasadam — sanctified food that is considered blessed in Hindu tradition — to both participants and casual onlookers who lined the streets to watch the procession. While a core group of strong young men bore the majority of the work pulling the heavy chariot, the task of drawing the sacred vehicle was a communal effort: devotees took turns pulling the thick white rope connected to the chariot, embracing the symbolic ritual.

    Speaking on behalf of the festival organizing committee, Madhvi Bajnath, also known as Madhurya Leli Devi Das, described the event as a deeply joyful and meaningful journey. “On this day, we bring the three forms of the Lord outside the temple walls so that they can bless every person,” Bajnath explained. She added that pulling the chariot rope carries rich symbolic meaning: it represents inviting the Lord into one’s heart, and committing to keeping that heart pure, a practice that supports both spiritual and worldly growth.

    Bajnath also outlined the deep spiritual significance behind the distribution of prasadam. “Prasadam is the grace of the Lord,” she said. “The food is first offered to Him, and what we receive in return is His grace, which we share with everyone who takes part in the festival and everyone who comes to watch along the route.” She emphasized that the Ratha Yatra festival is open to all people, regardless of ethnic background, religious faith, or racial identity. “We see every person as a soul,” Bajnath said. “All souls are welcome to encounter the Lord and receive His grace.”

  • Nieuwe Britse premier Andy Burnham belooft ‘nieuwe economie’

    Nieuwe Britse premier Andy Burnham belooft ‘nieuwe economie’

    On Monday, Andy Burnham officially took office as the seventh Prime Minister of the United Kingdom in just 10 years, marking another major shift in the country’s turbulent political landscape. Following his formal audience with King Charles III at Buckingham Palace, the new Labour Party leader unveiled an ambitious, if still outline-only, plan to reshape British politics and tackle the ongoing cost-of-living crisis, anchored by a 10-year strategy to build what he calls “a new economy.”

    Stepping into a role shaped by years of successive leadership turnover, Burnham openly acknowledged his government’s potentially fragile position and stressed the urgent need for a break from Britain’s recent fractured political trajectory. “We are going to change politics – it will be less about scoring points, and more about working together and finding solutions,” he stated in his first public address as prime minister. He has pledged to decentralize state power, devolve greater responsibility to local communities, and use robust government intervention to bring essential living costs back within reach for ordinary households.

    A former mayor of Greater Manchester, Burnham succeeds Keir Starmer, who stepped down after two years in office and one landslide general election victory, amid mounting internal party tensions and public criticism. Starmer delivered his farewell address on Monday, saying “My work is done. I leave with my head held high and proud of what we have achieved.”

    The handover of power followed longstanding royal protocol with the traditional “kissing hands” ceremony at Buckingham Palace, though the practice of kissing the monarch’s hand was not observed during this meeting. Burnham said he is “very conscious” of the rapid turnover of leadership at 10 Downing Street, and called on his generation of political leaders to “improve the game” and rebuild public trust in British democratic institutions.

    Burnham ran unopposed for the Labour Party leadership, securing the backing of 379 out of 403 sitting Labour members of parliament. He inherits a daunting slate of pressing challenges: a stagnant, slow-growing national economy, the persistent cost-of-living crisis that has squeezed millions of households, overstretched public services stretched to breaking point, and complex global diplomatic priorities including the ongoing wars in Ukraine and the Middle East.

    In his inaugural speech as prime minister, he also committed to ending homelessness across the United Kingdom and breaking up a political system that he argues has been marked by bad policy choices – including widespread privatization – since the 1980s.

    Critical observers are eagerly awaiting the full details of Burnham’s flagship 10-year plan, which he is set to formally present on Tuesday. Joshi Herrmann, founder of Manchester-based news platform The Mill, noted that the plan will only deliver on its promises if the government can unlock substantial, sustained economic growth.

    Beyond policy proposals, widespread attention is also focused on the composition of Burnham’s first cabinet. Major changes are expected at key top posts, including Chancellor of the Exchequer, Foreign Secretary, and Home Secretary.

    Starmer leaves Downing Street with a number of notable legislative and policy achievements, including strengthened worker protections, reductions in childhood poverty, and increased defense spending. Even so, maintaining stable, consistent governance proved an uphill battle during his tenure, amid ongoing internal divisions and external pressures.

    As Burnham moves into 10 Downing Street, he carries an inbox full of urgent, unresolved policy files and the defining mission of restoring public faith in politics for a nation that has long craved stability and tangible progress after a decade of constant upheaval.