Business

NEW YORK, Sep 08, 2011 (BUSINESS WIRE) — Fitch Ratings affirms Aruba’s ratings as follows:

–Foreign and local currency Issuer Default Ratings (IDR) at ‘BBB’; –Short-term IDR at ‘F3′; –Country Ceiling at ‘A-’.

The Rating Outlook is Stable.

The rating affirmation and Stable Outlook balance the observed deterioration in fiscal accounts and government debt burden against the expected rebound in economic activity and fiscal consolidation during the forecast period. Moreover, despite the scale of the economic shock of the last two years, the island has maintained macroeconomic stability thanks to the government’s pro-active policy response.

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BK Consult, an architectural firm specializing in project realization and management including architectural design and engineering, is just completing the construction and furnishing of its new headquarters in Oranjestad.

True to the company’s core values BK Consult is showcasing its contemporary approach to business and functionality with its own office building, situated on Galileistraat 2, in the heart of Oranjestad, contributing to the town’s much-needed urban revival.

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Congratulations to www.aruba.com for being recipient of the impressive Caribbean Tourism Web Award 2011 in the category of Tourist Board. This honor was bestowed at the Caribbean Marketplace of the Caribbean Hotel & Tourism Association (CHTA) held in Jamaica.

This award was presented by TravelMole, the first online community for the travel and tourism industry, established in 1998. Today TravelMole.com and TravelMole.tv publishes 15 newsletters and broadcasts videos to more than 550,000 travel and tourism professionals and 30,000,000 million consumers in 132 countries worldwide.

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On Friday, November 6, author Barry Moltz delighted the audience of 300 as Keynote speaker at the annual fundraising dinner of of ATIA (Aruba Trade & Industry Association) in the Grand Ballroom of the Marriott Aruba Resort & Stellaris Casino. This dinner marked the 65th anniversary of ATIA. Mr. Moltz’s presentation dealt with the successful entrepreneur and how important it is to have BOUNCE – to have passion and a goal, and to go forward in spite of difficulty. Even today’s financial crisis provides opportunities for innovation and progress. He touched upon the importance of networking and learning lessons from the past.

Mr. Moltz called upon various guests to participate in his humorous and relevant presentation. Later, he exchanged ideas with those present and was particularly impressed with Aruba’s business people and their ability to work in a diversified market comprised of so many nationalities successfully working together.

Mr. Moltz will continue to work with ATIA within the framework of their various programs to provide members with information and education.

Story courtesy of Awe Mainta

AIB Bank and the Aruba Government are organizing a special informative evening for business owners in the community outside of Oranjestad, particular in San Nicolas and environs (Small and Medium Enterprise (SME) Guidance Program). This program is aimed specifically at those who want to open their own business or are existing business owners, offering guidance in the areas of finance, sales and marketing. The program is aimed specifically at businesses with a maximum investment of afls 500,000 (US $ 280,000).

During this evening, information will be provided about the program and how to apply. It takes place on Wednesday, August 25, YMCA San Nicolas, 6:30 – 8:30 pm. For registration, call 582-7327 ext. 324 (Gabrielle Croes).

Story courtesy of Awe Mainta

The Chamber of Commerce meets twice each year with Governor Fredis Refunjol to discuss matters of national interest. Attending this recent informative meeting on behalf of the Chamber of Commerce (KVK) were Sheila van Veen (President), Jamal Mahawatkan (Vice President), and Loraine de Souza (General Secretary).

Story courtesy of Awe Mainta