The head of Public Relations at the Telecommunication Company Suriname (Telesur),  Roy Belfor recently pointed out that after calculations made by experts of Telesur, the company decided that it is necessary to stick to the exchange rate of SRD 3.35 for one American dollar instead of SRD 3.25 so that it does not suffer any financial losses. U.S. crude oil ended at a more than 5-1/2-year low on the first trading day of the new year Friday, with continued worries over a global supply glut, belying hopes for a recovery any time soon…[+]

Charles Pahlad, former deputy chairman of the National Democratic Party (NDP), told Times of Suriname that he will  hand in his NDP membership card one of these days.  MP Pahlad explained that he will remain a legislator for the Mega Combination (MC) so that the coalition will be able to keep counting on the majority of seats in Parliament. MP Pahlad will also keep signing the attendance list so that there can be quorum. He made it clear, however, that his support for quorum “will no longer be unconditional.” …[+]

Suriname has received $9.6 million from the People’s Republic of  China. Half of this is interest free while the other half is a donation. Both nations formally wrote down the specifications for the financing of the Wanica Medical Center Construction Project in a Letter of Exchange. Chinese Ambassador Yang Zigang signed the letter on behalf of China while the ministers of Finance and Foreign Affairs signed the letter on behalf of Suriname. Finance Minister Andoyo Rusland pointed out that the technical and financial aspects surrounding the construction of the hospital will become much clearer after the first quarter of 2015…[+]

“I saw my son dying in front of me and there was nothing I could do,” said Shanta Kumul, mother of the late  an de overleden Shifran Kumul (16). The teenager died two hours after the turn of the year after being hit by a car in front of his driveway. The boy’s brother-in-law, Ifaad Akbarkhan, had organized a party for the entire family. The teenager who had lit many firecrackers and fireworks during the turn of the year and a neighbor went to a store located in Nieuw-Nickerie to purchase a prepaid mobile card…[+]

“In 2014 the central bank  implemented a stabilization policy against the challenges of the global crisis which the Surinamese economy faced. The central bank, the Finance Ministry and the financial sector worked closely together and this resulted in a collective support of the economic activity and cutting one’s coat according to one’s cloth,” said the governor of the Central Bank of Suriname (CBvS), Gillmore Hoefdraad, at the traditional end-of-the-year-party on Tuesday…[+]

Mariska Ajaiso and  Alexander Bappa are the proud parents of  Zimaysia Rusoph Ajaiso who was born at 00:02 at s’ Landshospitaal on January 1. Zimaysia Ajaiso is officially the first newborn in 2015. Judith Daniels, head of the Paediatric Ward, indicated that the baby was born before the due date and that she weighs 2,430 grams. The baby is currently being kept at the Incubator Ward and is the woman’s first child. The Academic Hospital Paramaribo (AZP) indicated that the nation’s second newest member, Arvish Ghoerahoe was at 00:06…[+]

Newmont Mining Corporation recently  announced it made a $100 million prepayment toward a five-year, $575 million unsecured amortizing term loan received in March 2014. The term loan was used to repay $575 million of convertible debt that matured in July of 2014. Proceeds recently received as a result of the government of Suriname exercising its option to participate in a fully-funded, 25 percent equity ownership stake in the Merian Gold Project were included in the $100 million prepayment.(foto:wideworldofstocks.com)…[+]

“ When you see me dressed in yellow and black that means that I am busy with a political activity but when I am busy with official business I dress in neutral colors,” said  Regional Development Minister Stanley Betterson at the ministry’s end-of-the-year party. Minister Betterson pointed out that the ministry’s performance was a bit lower in 2014 than the previous and that this is probably due to the fact that fewer liquid assets were available. The minister added that he is not discontent with the achievements of 2014 but that he expects “more efforts and better results next year.”…[+]

A fire which started in the cellshop of  Combémarkt on Wednesday was quickly extinguished.  Olton Pinas, an official from the Public Relations Office of the Fire Department Suriname (KBS), told Times of Suriname that the Fire Department received the call around 7:55 a.m. Reports indicate that several electrical appliances were on fire in the cellshop…[+]

A prison riot that broke out at the Penitentiaire Inrichting Duisburglaan (PID) state penitentiary left two people injured. Reports indicate that a policeman and an inmate were injured during the prison riot.   The deputy director at the Ministry of Justice and Police, Paulus Pinas told Times of Suriname that a prisoner attacked a policeman with a sharp object. The policeman who sustained a stab wound in his arm defended himself by shooting the prisoner in one of his legs. The prisoner was reportedly rushed to the hospital.  Pinas indicated that an inmate told a prison guard that he needed medical treatment.(foto:troll.me)…[+]