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Suriname Stock Exchange
The Suriname Stock Exchange (SSX) is the stock exchange of Suriname. It is being organized by an association called the Vereniging voor de Effectenhandel in Suriname (VvES), and it was founded on 1 January 1994.Dagblad SurinameVereniging voor Effectenhandel in Suriname herdenkt 25-jarig bestaan 13 January 2019 The trade in stocks does not happen on a daily base, but twice a month on the first and third Thursday. In 2014 the National Assembly adopted the Law Capital Market (''Wet Kapitaalmarkt''), in line with a demand of the Caribbean Financial Action Task Force. In 2019 the VvES and the Surinamese American financial technological company OuroX signed a memorandum of understanding to found a digital stock exchange, in accordance to obligations that are provided in the law.United NewsDe eerste stap naar de moderne digitale effectenbeurs voor Suriname 29 April 2019 According to the law the stock exchange should have been suborderd to the Central Bank of Suriname. Both are not yet re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform. To be able to trade a security on a certain stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use electronic communic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paramaribo
Paramaribo (; ; nicknamed Par'bo) is the capital and largest city of Suriname, located on the banks of the Suriname River in the Paramaribo District. Paramaribo has a population of roughly 241,000 people (2012 census), almost half of Suriname's population. The historic inner city of Paramaribo has been a UNESCO World Heritage Site since 2002. Name The city is named for the Paramaribo tribe living at the mouth of the Suriname River; the name is from Tupi–Guarani ''para'' "large river" + ''maribo'' "inhabitants". History The name Paramaribo is probably a corruption of the name of an Indian village, spelled Parmurbo in the earliest Dutch sources. This was the location of the first Dutch settlement, a trading post established by Nicolaes Baliestel and Dirck Claeszoon van Sanen in 1613. English and French traders also tried to establish settlements in Suriname, including a French post established in 1644 near present-day Paramaribo. All earlier settlements were abandoned s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suriname
Suriname (; srn, Sranankondre or ), officially the Republic of Suriname ( nl, Republiek Suriname , srn, Ripolik fu Sranan), is a country on the northeastern Atlantic coast of South America. It is bordered by the Atlantic Ocean to the north, French Guiana to the east, Guyana to the west, and Brazil to the south. At just under , it is the smallest sovereign state in South America. It has a population of approximately , dominated by descendants from the slaves and labourers brought in from Africa and Asia by the Dutch Empire and Republic. Most of the people live by the country's (north) coast, in and around its capital and largest city, Paramaribo. It is also List of countries and dependencies by population density, one of the least densely populated countries on Earth. Situated slightly north of the equator, Suriname is a tropical country dominated by rainforests. Its extensive tree cover is vital to the country's efforts to Climate change in Suriname, mitigate climate ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Surinamese Dollar
The Surinamese dollar (ISO 4217 code ''SRD'') has been the currency of Suriname since 2004. It is divided into 100 '' cent''. The Surinamese dollar is normally abbreviated with the dollar sign ''$'', or alternatively ''Sr$'' to distinguish it from other dollar-denominated currencies. In spoken Surinamese Dutch, it is widely referred to by its acronym SRD (), with "dollar" generally being understood as meaning the US dollar. History The dollar replaced the Surinamese guilder on 1 January 2004, with one dollar equal to 1,000 guilders. Initially, only coins were available, with banknotes delayed until mid-February, reportedly due to a problem at the printer, the Canadian Bank Note Company. The old coins denominated in cents (i.e. guilder) were declared to be worth their face value in the new cents, negating the necessity of producing new coins. Thus, for example, an old 25-cent coin, previously worth guilder, was now worth dollar (equivalent to 250 guilders). The rebasing of coin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform. To be able to trade a security on a certain stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use electronic communic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Assembly (Suriname)
The National Assembly (''De Nationale Assemblée'', ''The Assembly'', commonly abbreviated "DNA") is the Parliament, representing the legislative branch of government in Suriname. It is a unicameral legislature. The assembly has been situated in the former park house at the Independence Square in Paramaribo, after a fire destroyed the old building of representation on 1 August 1996. A reconstruction of the old building was completed in 2022. The 51 members of parliament are elected every five years by open list proportional representation on the basis of the country's component districts. The most recent elections were held on 25 May 2020. The current Chairman of the Assembly, Marinus Bee, was appointed on 14 July 2020. Dew Sharman was appointed as Vice Chairman on 29 June 2020. History The first representation was formed by the Colonial States, from 1866. The name was changed to Estates of Suriname in 1936. When Suriname became an independent republic on 25 November 197 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caribbean Financial Action Task Force
The Caribbean Financial Action Task Force (CFATF) is an organization of states and territories of the Caribbean Basin that have agreed to implement common counter-measures against money laundering. CFATF has associate status within the Financial Action Task Force on Money Laundering (FATF). History The CFATF was established as the result of two key meetings convened in Aruba in and Jamaica."Caribbean Financial Action Task Force against Money Laundering (CFATF)" EAG. In Aruba in 1990 representatives of Caribbean and Central American countries developed a general approach to the problem of the laundering of criminal proceeds and made 19 recommendations. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Suriname
The Central Bank of Suriname ( nl, Centrale Bank van Suriname) is Suriname’s highest monetary authority and the country’s governing body in monetary and economic affairs. The Central Bank’s tasks were legislated in the Bank Act of 1956. Like other central banks, it is the principal monetary authority of the country. Other tasks include the promotion of the value and stability of the currency of Suriname, the provision of money circulation, the safeguarding of private banking and credit union activities, together with balanced socio-economic development. The Central Bank is headed by a Governor and divided into three directorates: Banking Operations, Monetary and Economic Affairs and Supervision. History After the start of Suriname’s political self-government from the Netherlands in 1954, changes were instigated to the country’s monetary system; on 1 April 1957 the ''Central bank of Suriname'' was established in Paramaribo and took over the issuing of currency. Until ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Staatsolie Maatschappij Suriname
Staatsolie, officially Staatsolie Maatschappij Suriname (), is a Surinamese oil and gold company which was established to execute the oil policy which includes exploration, drilling and processing oil. In 2014 Staatsolie expanded its business to gold. Staatsolie is wholly state-owned. History In 1965 oil was discovered in Calcutta, Saramacca. On 13 December 1980, Staatsolie was established to manage Suriname's own oil industry instead of selling the oil fields to multi-nationals cooperations. On 25 November 1982, first drilling started in Tambaredjo. In 1988 the first crude oil was exported to Trinidad and Tobago. In February 1995 Staatsolie built a refinery. In 2014 it was announced that Staatsolie would participate for 25% in a recently discovered gold field in the Merian area. In 2019 the production was 524,000 ounces The ounce () is any of several different units of mass, weight or volume and is derived almost unchanged from the , an Ancient Roman unit of measurement. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buiten-Sociëteit Het Park
Buiten-Sociëteit Het Park is a park and former Club (organization), club located on Onafhankelijkheidsplein in Paramaribo, Suriname. On 1 August 1996, the building which housed the National Assembly (Suriname), National Assembly of Suriname burned down, and the National Assembly moved to the former park house. History The square which is nowadays called Onafhankelijkheidsplein (Independence Square) used to be a training ground for soldiers stationed at Fort Zeelandia (Paramaribo), Fort Zeelandia. In 1872, Captain van Landsberge had a meeting with governor , and it was decided to turn the grounds into a military park. The park would be maintained by the Netherlands Armed Forces in Suriname, army, but it was accessible to the public. The army constructed a buffet, a bandstand, and a bowling alley on the park. In 1877, the park became the property of the Buiten-Sociëteit ‘Het Park’, a private Club (organization), club. The club used to gather at the plantation house of planta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
De Surinaamsche Bank
''De Surinaamsche Bank'' (DSB; Bank of Suriname in English), is the largest bank in Suriname. History Simon Abendanon founded De Surinaamsche Bank (DSB) on 19 January 1865 in Paramaribo, and it opened for business on 18 July 1865 in the home of one of the founders, pending construction of its own building. The Bank’s headquarters remained in Amsterdam though. Abendanon was a captain and court bailiff in Suriname. After the abolition of slavery in 1863, there was a period of monetary chaos and Abendanon saw an opportunity in creating a bank that would issue bank-notes and use the funds to finance trade. After its founding in 1826, the Nederlandsche Handel-Maatschappij issued banknotes. And then between 1828-1848 the West-Indische Bank issued banknotes for the Dutch West Indies. The next organizational landmark occurred in 1948 when Nederlandsche Handel-Maatschappij acquired DSB. Three years later, Nederlandsche Handel-Maatschappij, which owned all the shares of DSB, transferred ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Surinaamse Brouwerij
Surinaamse Brouwerij ( en, "Surinamese Brewery") is the primary beer producer in Suriname. The brewery produces Parbo Bier and Parbo Power Stout. History The brewery was founded in 1954 in the Beekhuizen neighborhood of Paramaribo by two brothers, Pieter ("Piet") and Arthur ("Thuur") Dumoleyn, post-war immigrant brewers from the Dutch province of Zeeland, with support from the Amsterdam-based Amstel Brewery (acquired in 1968 by Heineken). Suriname was at the time still a Dutch colony. The brewery was officially opened in October 1955, by Prince Bernhard of the Netherlands. It was formerly part of Amstel Brewery. Parbo Bier Parbo Bier is a 5% vol Surinamese beer. The basis of Parbo Beer includes pale malt that is partially complemented by specially grown rice, water and hops. In Suriname, Parbo Beer has 80% of the market share. Production in the early years was 15,000 hectoliters per year and grew to 120,000 hectoliters by 1973. Since 2003, production has grown to 150,000 h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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