Business

Tweede Kamer
Jun 28 '17 10:17

On Tuesday a majority in the Tweede Kamer voted against a proposal to keep the Netherlands' strict cap on bankers' bonuses in place. While the parliamentary vote is not binding, it does suggest that if the new government decides to scrap te cap, or make the rules around it more lenient, the decision will be met with approval.

Jun 27 '17 16:20

Dutch insurer Nationale-Nederlanden (NN) teamed up with Vodafone to launch a new service called Bundelz - a prepaid car insurance. Bundelz provides car insurance for 1,000 kilometers at a time. After that distance, a new bundle is automatically purchased, AD reports.

Bundelz is intended for motorists who don't drive much - on average less than 100 kilometers per week and less than 7,500 kilometers per year. A bundle covering only liability insurance wil cost around 50 euros, and an all-risk bundle 70 euros. They remain valid for a year. 

Rijksmuseum
Jun 27 '17 11:30

Amsterdam made it to fourth place in a ranking of Europe's most dynamic cities by Savills Investment Management. The ranking shows which cities are most suitable for commercial real estate investments. London, Paris and Cambridge are the top three most dynamic cities on the continent, Het Parool reports.

Teacher
Jun 27 '17 07:40

Primary schools teachers across the Netherlands are striking this morning. Almost all primary schools in the country will open at 9:30 a.m., instead of 8:30 a.m. One positive side effect to this strike, is that traffic information service VID expects less traffic on the road during rush hour this morning.

teacher
Jun 26 '17 16:05

With primary school teachers across the Netherlands set to strike on Tuesday morning, the outgoing Dutch government announced that it simply can't afford pay raises for them at this stage, the Telegraaf reports.

Euros
Jun 26 '17 14:05

Should the Netherlands decide to stick to its low banker's bonus limit, the country could lose out on 17 thousand extra jobs and 1 billion euros in income and corporation tax, says employers' organization VNO-NCW. According to the organization, dozens of small financial institutions and at least three major international banks would move from London to the Netherlands after the Brexit, if the bonus limit was not an obstacle, NU.nl reports.

Exactly which financial institutions are involved, the VNO-NCW did not say.

Luggage check at Schiphol airport
Jun 26 '17 11:00

Schiphol airport plans to reward travelers who check in their luggage with shorter waiting times at security checkpoints. From next week, people traveling without hand luggage can join the 'no trolley queue', where security checks are expected to be much faster, RTL Nieuws reports. 

Rotterdam
Jun 23 '17 14:10

Rotterdam investor Keadyn pushed 4.5 million euros into creating an "incubator" for technology startups. The concept is called 42workspace and is set to open its doors in the center of Rotterdam next week. A few other investors are also involved in this project, NU.nl reports.

Sinkhole on Edisonlaan in Apeldoorn after a water main break, 23 Jun 2017
Jun 23 '17 10:55

A water main break in Apeldoorn on Friday morning caused a massive sinkhole on Edisonlaan, where it crosses with Koninginnelaan. The road will be closed for at least the weekend, De Stentor reports.

Water company Vitens received the first reports of the break around 5:00 a.m. and immediately sent technicians to the site. Contractor BAM is also on site, already working on road repairs. "That continues throughout the weekend, so it is expected that the road will be back in use Monday morning", a Vitens spokesperson said to the newspaper. 

Jun 23 '17 10:18

ProRail is installing camera surveillance at railway crossings. The rail company is concerned that road users will be more tempted to ignore red lights at the crossings once on the routes between Amsterdam, Utrecht and Eindhoven in September, a spokesperson for ProRail said to NU.nl.

Arnhem Station
Jun 23 '17 07:35

NS employees are striking in Arnhem between 5:00 a.m. and 10:00 a.m. today. Train traffic may be hindered, not only in Arnhem, but also in the rest of the country. NS advises travelers to keep an eye on their site for delays before leaving for the station. So far all early morning trains left on time, AD reports.

Gavel (Source: Wikimedia/Brian Turner)
Jun 22 '17 15:20

The Disciplinary Committee for Banks banned three bank employees from working as bankers for varying periods of time because they violated the Banker's Oath in three separate cases. The three employees may not work as bankers for 18 months, 12 months and 6 months respectively, according to rulings the committee published on Thursday.

Contactless payment ring
Jun 22 '17 13:30

In the continuous effort to make payments easier and more secure, Dutch bank ABN Amro is currently testing payment "wearables".  A select group of testers are already using a special Kerv ring or watch with Near Field Communication (NFC) to make contactless payments directly from their bank accounts, ABN Amro announced on Thursday.

Tourists in Amsterdam over Easter 2017
Jun 22 '17 12:10

Amsterdam and Schiphol airport will soon be home to screens and billboards showing various attractions in The Hague. The two cities teamed up for a campaign to tempt tourists into visiting The Hague, instead of spending all their time in crowded Amsterdam. The campaign's motto is capital city to court city, ANP reports.

Amsterdam is traditionally very popular with tourists, and tourist numbers are expected to only increase in the coming years. And while this is great for the economy and employment, it also affects Amsterdam residents. 

newspapers
Jun 22 '17 11:30

On an average day 21 percent of Dutch don't bother following the news at all and another 18 percent spend less than five minutes doing so, according to a study social and cultural planning office SCP released on Thursday. That amounts to 39 percent of Dutch barely knowing what's going on in the country and the world, ANP reports.

The SCP calls this a "troubling" trend. "A well informed population is important for the functioning of democracy", according to researcher Annemarie Wennekers.

Housing Market
Jun 22 '17 10:49

Amsterdam is committed to creating more housing for people with low- or mid-level incomes. To realize this, the municipality is implementing a ratio for new construction projects - 40 percent social housing, 40 percent mid-level rents and 20 percent expensive housing, the city announced in a press release. 

Chef
Jun 22 '17 10:16

The number of job vacancies for young people is increasing rapidly in the Netherlands, especially for young people with vocational qualifications. Between September 2016 and February 2017 there were a total of 214 thousand vacancies at vocational level, according to a study by benefits agency UWV and the organization for cooperation between vocational education and the business world SBB, NU.nl reports.

The last quarter of 2016 had 26 percent more vocational vacancies than the same quarter in 2015. 

Camel in Morocco
Jun 21 '17 13:50

The municipality of Amsterdam sent letters to all businesses renting camels in the city, informing them that making the animals walk through the busy city is contrary to animal welfare, alderman Laurens Ivens said, AD reports.

Perron_7,_Utrecht_Centraal_Station
Jun 21 '17 12:25

From September 6th NS and ProRail will perform tests in running six trains per hour between Amsterdam, Utrecht and Eindhoven. For 14 Wednesdays a train will leave on this route every 10 minutes. If these tests go according to plan, there will be six trains per hour on this route every day from the start of the new timetable in December, NOS reports.

I Amsterdam sign in rainbow colors to celebrate the 15th anniversary of marriage equality in the Netherlands, 1 Apr 2016 (Photo: @iamsterdam/Twitter)
Jun 21 '17 10:14

Amsterdam dropped 21 spots on Mercer's list of most expensive cities in the world for expats. The Dutch capital is now in 85th place, down from last year's 64th position. On the list of European cities, Amsterdam is still 12th most expensive, Het Parool reports.

Looking for a job
Jun 20 '17 17:20

Rotterdam helped 12 thousand unemployed people back to work six months before the city's self-set deadline to do so, Rotterdam alderman Maarten Struijvenberg announced. "The objective of our college was to achieve this result in four years. We did it six months earlier", he said on Tuesday, AD reports.

TU Eindhoven and BAM team up to 3D print a bicycle bridge, 15 Jun 2017
Jun 20 '17 16:45

The Netherlands is Europe's fourth most innovative country, according to the European Commissions' European Innovation Scoreboard for 2016. Sweden took first place, like in 2015, followed by Denmark and Finland. The United Kingdom makes up the top 5, NU.nl reports.

Online action to show support for a Soho House Amsterdam
Jun 20 '17 14:50

Over a thousand people expressed support online for an establishment of the members-only club Soho House to open in Amsterdam. Previous of the exclusive club, were blocked by the Amsterdam court last month, AT5 reports.

Lecture Hall
Jun 20 '17 14:10

Most Dutch universities and colleges still charge students tuition when they suspend their studies for a year to sit on the board of an association. "Instead of colleges and universities thanking their committed and ambitious student executives for their crucial contribution to a challenging study climate, they punish them by charging them for courses they aren't following", Rhea van der Dong of student association ISO said, ANP reports. 

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