Business

Feb 2 '17 11:20

Spending a night in a hotel in the Netherlands is becoming increasingly expensive as economic conditions continue to improve, according to ABN Amro's economic agency. Last year the price of a night in a Dutch hotel increased by about 8 percent, and the bank expects the prices to continue increasing this year, ANP reports.

Airbnb
Feb 2 '17 10:45

The musicality of Amsterdam would be wise to increase its cooperation with house sharing platforms like Airbnb, economists at ABN Amro said to the Telegraaf. "In the capital tourism is expected to continue growing rapidly in the coming years, but since this year there is a whereby new hotel plans will often be rejected", industry economist Sonny Duijn said to the newspaper.

Feb 2 '17 08:30

On Thursday criminal lawyer Goran Sluiter filed charges against Rabobank on Thursday accusing the bank's executives of complicity in murder and other crimes committed by Mexican drug cartels. This follows an investigation by the United States judiciary into a Rabobank subsidiary suspected of laundering Mexican drug profits, the Volkskrant reports. 

Thrift store De Wissel in Assen
Feb 1 '17 16:25

What the police describe as a "lightweight bomb" from World War II was found in a thrift store in Assen on Wednesday. An Explosive Ordnance Disposal team will take the bomb away and make sure its safe on Wedneday afternoon, Andries Jan Mulder, director of thrift store De Wissel, told NU.nl

Feb 1 '17 15:50

The PvdA wants to give employees in the Netherlands the right to be unreachable to their boss and colleagues outside of working hours - no more answering a quick work email during dinner time, if PvdA leader Lodewijk Asscher has his way, RTL Nieuws reports.

Bol.com
Feb 1 '17 09:35

Thousands of counterfeit products are traded over Dutch website Bol.com, watchdog React said to AD on Wednesday. This includes things like cellphones, earphones, batteries and chargers.

Jan 31 '17 13:10

The Dutch authorities seized the bank accounts of a financial service provider from Rotterdam who is suspected of money laundering. These accounts contained a total of 70 million euros, the Public Prosecutor announced. No arrests were made thus far, the Telegraaf reports.

Jan 31 '17 11:15

Shell sold 3.8 billion dollars in assets off the British Coast on the North Sea to oil company Chrysaor, the Dutch oil and gas giant announced on Tuesday. This sale forms part of a Shell divestment program, in which the Dutch company wants to get rid of some 40 billion dollars worth of assets, the Telegraaf reports.

Jan 31 '17 10:41

In all of the European Union, the Netherlands has the largest differences in the number of hours worked by men and women, according to research by the Dutch social and cultural planning office SCP. In the EU the average number of hours worked per week is 35 hours for women and 39 hours for men. In the Netherlands it is 29 hours for women and 37 hours for men, the Volkskrant reports.

Jan 31 '17 09:50

Amsterdam municipal transport company GVB is starting the process of going cashless. From Tuesday travelers can no longer pay with cash on night buses, the first step in completely cashless public transit in the Dutch capital. GVB is working with other public transit companies in the region to achieve this goal, Het Parool reports.

Jan 30 '17 16:10

Dutch central bank DNB expects the Dutch economy to grow by 2.3 percent this year, according to an estimate the bank published on Monday. This is a much higher growth than the 1.9 percent growth expected in the bank's previous estimate published in June last year, ANP reports.

For next year DNB expects economic growth of 1.7 percent, lower than the 2 percent growth expected in the previous estimate. In 2015 and 2016 the Dutch economy grew by 2 and 2.1 percent respectively.

Dozens protest at Schiphol against Donald Trump banning people from 7 Muslim countries from the U.S., 29 Jan 2017
Jan 30 '17 08:21

Dozens of people gathered at Schiphol airport on Sunday to protest against a ban on asylum seekers and people from seven Muslim countries Donald Trump implemented in the United States. They carried signs reading "No hate, no fear, immigrants are welcome here", "Trump psychopath", "Human rights for ALL" and "Muslim ban is racist, xenophobic, not normal. Rise up". One protester was arrested, RTL Nieuws reports.

Jan 27 '17 16:40

KLM is allowed to without getting permission from the works council, the Enterprise Chamber of the court ruled on Thursday in a lawsuit brought by the works council, ANP reports.

Jan 27 '17 09:40

While Britain's departure from the European Union is yet to be set in motion, the Brexit is already costing Dutch companies money, according to the interest group for Dutch exporters Evofenedex. The uncertainty about the future trade relationship between the United Kingdom and the European Union already resulted in dozens of deals falling through, the group said to NOS.

Jan 26 '17 10:55

Max Verstappen's managers are demanding 350 thousand euros in compensation from online grocery chain Picnic for a commercial in which a Vestappen lookalike was used, his manager Raymond Vermeulen confirmed to NU.nl

Picnic published the ad on Facebook late in September. It was a variation of a ad for supermarket chain Jumbo in which the real Max Verstappen delivers groceries. Jumbo is a major sponsor for Verstappen. In the Picnic ad an Verstappen lookalike was used. 

Overcrowded train
Jan 26 '17 09:38

Consumers' organization ConsumentenClaim is filing a lawsuit against Dutch railway NS. The organization, which specializes in mass claims, wants the court to force NS to pay compensation to the thousands of railway passengers who have suffered under overcrowded trains, ANP reports.

Jan 26 '17 09:13

Soliciting and street prostitution is almost non-existent on Amsterdam streets, Mayor Eberhard van der Laan wrote in a recent letter to the city council. But that doesn't necessarily mean that street prostitution died out in the city, only that its more hidden, a spokesperson for sex workers' organization Proud said to the Telegraaf.

Albert Heijn promotional pans
Jan 25 '17 16:00

Cynthia Harms' pet birds fell dead to the ground while she was cooking with Albert Heijn's promotional non-stick pans. They died of Teflon poisoning, she claims on Facebook. The supermarket chain is investigating the matter, but stresses that the pans are safe when used normally, Albert Heijn wrote in a response on Facebook.

A spokesperson for the supermarket chain told the Telegraaf that they received complaints about the pans and birds from two customers.

Jan 25 '17 13:05

Financial institutions who want to move their headquarters from London to Amsterdam due to the Brexit, do not have to worry about the strict Dutch bonus legislation, Minister Jeroen Dijsselbloem of Finance said to RTL Z on Wednesday. 

Jan 24 '17 17:00

The number of personal bankruptcies dropped to its lowest level since 2000 in 2016, continuing the downward trend of the last three years, Statistics Netherlands said on Tuesday. Last year there were a 1,545 personal bankruptcies in the Netherlands, about a quarter less than in 2015 and 62 percent less than in 2013. 

According to Statistics Netherlands, the decrease can be attributed to the fact that economic conditions in the Netherlands improved significantly since 2013. 

Jan 24 '17 16:25

Amsterdam is in talks with numerous financial firms currently based in London about relocating to the Netherlands due to Britain's decision to leave the European Union, deputy mayor Kasja Ollongren confirmed, according to The Guardian. "They [financial institutions] are all preparing themselves. They don't know exactly what they have to prepare for because the situation is unclear and it will take some time until it is more clear. Financials and others are looking at possibilities and very often Amsterdam is on the shortlist", Ollongren said, according to the newspaper.

Jan 24 '17 13:30

The construction of new homes in the Netherlands will see a temporary decline this year, ABN Amro predicts based on the number of building permits issued last year. Between January and November 2016, the bank issued 45 thousand permits for the construction of new housing - a slight decrease from the 49 thousand permits issued in the same period in 2015, ANP reports.

The number of housing construction permits started increasing again in May last year. The bank therefore expects that the decline in the construction of new housing will be short lived and will pick up again in 2018. 

Jan 24 '17 12:55

Philips is at loggerheads with American authorities over the production of defibrillators - FDA inspections revealed a number of shortcomings, according to ANP. The company is in talks with the U.S. department of Justice, acting on behalf of the FDA, on the matter. The company's value dropped by 4 percent after this was revealed on Tuesday morning. 

Jan 23 '17 10:41

Dutch media mogul John de Mol's company Talpa made a bid for acquiring media group TMG, the parent company of Dutch newspapers De Telegraaf and Metro, among others. The offer price is 5.90 euros per share, Talpa announced on Monday, ANP reports. 

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