Business

Porsche Mission E - Porsche Taycan
Jun 5 '19 18:00

Electric cars will do a better job of retaining value in second-hand vehicle sales when compared to motor vehicles that make use of more common combustion engines, according to a report published by economists at Dutch bank ING. "The demand for used electric cars will exceed supply, resulting in rising used car prices," the bank said, estimating that 25 percent of used cars buyers in 2025 will consider an all-electric car.

Crowdfunding
Jun 5 '19 13:20

Dozens of small companies that received crowdfunding from commercial platforms in the form of a loan, went bankrupt a short time later, according to a study by investigative journalism platform Investico, Trouw and De Groene Amsterdammer. The companies end up in financial troubles due to the high costs involved in repaying their loans, Trouw writes.

Sold sign in front of a home
Jun 5 '19 11:55

Imbalances on the Dutch housing market pose the "biggest stability risk" to the Netherlands, Dutch central bank DNB said in its latest Financial Stability Overview. The central bank also warned that a "disorderly Brexit" and the trade war between the United States and China can seriously damage economic growth.

The prices of houses in the Netherlands are still rising, albeit less rapidly than before, and the housing shortage continues. This makes it increasingly difficult for the average Dutch person to be able to afford a house.

Job hunting
Jun 5 '19 11:00

A total of 3.3 million new jobs were created in the Netherlands between 2014 and 2017, according to figures Statistics Netherlands released on Wednesday. In Amsterdam, youth unemployment nearly halved over the past our years. Last year 6.2 percent of young people between the ages of 15 to 26 years in Amsterdam were unemployed, compared to 13.3 percent in 2014, the city said in a press statement.

Prorail-logo
Jun 5 '19 10:08

ProRail started doing adjustments to the tracks between Haarlem and Zandvoort, to prepare for the thousands of Formula 1 fans expected to attend the Grand Prix in Zandvoort next year. In the coming year a mountain of work needs to be done, but ProRail expects it to succeed. "We're doing it at F1 speed", the rail manager said in a statement.

Wouter Koolmees
Jun 5 '19 09:00

Minister Wouter Koolmees of Social Affairs and Employment reached an agreement in principle on a new pension system with employers and employees. On Wednesday, the trade unions and other involved parties will present this agreement to their members to vote on it, NU.nl reports.

Mona Keijzer
Jun 4 '19 16:30

Giving work permits to the foreign partners of people who found startups in the Netherlands is one of a package of measures the Dutch government announced to promote the startup and scale-up eco system in the country. Over the next four years, an extra 65 million euros will be invested in the Dutch startup and scale-up policy, State Secretary Mona Keijzer of Economic Affairs and Climate announced.

A Ryanair plane taking off
Jun 4 '19 15:40

Passengers who were on flights cancelled during staff strikes against budget airline Ryanair last year are entitled to financial compensation, according to Dutch company Aviclaim. The firm filed suit against Ryanair on behalf of its clients who were adversely affected by the cancellations.

Jun 4 '19 14:50

Motorists in The Hague face the most delays due to traffic jams in the Netherlands, according to calculations by navigation system maker TomTom. In The Hague, motorists on average have to take 28 percent extra travel time into account, Hart van Nederland reports.

That means that a trip that should take an hour, on average takes Hague motorists an hour and 17 minutes. During evening rush hour, a one-hour ride takes almost 40 minutes longer. In one year, the average motorist in The Hague loses 130 hours in traffic.

University of Amsterdam
Jun 4 '19 10:05

The University of Amsterdam asked an external committee to investigate former rector Dymph van den Boom for possible violations of the rules for scientific integrity. The former rector's work will be reviewed for any suspicious text that could be the result of plagiarism, NU.nl reports.

The investigation was prompted by an investigation by NRC. According to the newspaper, Van den Boom extensively used text that was not properly cited throughout her her academic work and her role as an administrator.

Mark Rutte, Sigrid Kaag and Mike Pompeo opening the Global Entrepreneurship Summit in The Hague, 3 June 2019
Jun 4 '19 08:28

Prime Minister ark Rutte and the American Foreign Minister Mike Pompeo opened the Global Entrepreneurship Summit in The Hague on Monday afternoon. Some 2 thousand entrepreneurs, investors and representatives of government organizations from 134 countries will meet and make deals at the business summit over the next two days.

In addition to entrepreneurs and others from the business world, a number of prominent people like Queen Maxima and Ivanka Trump will also attend the summit. 

Traffic builds up towards Schiphol's departures, 18 Jan 2018
Jun 3 '19 16:50

Overdue maintenance on bridges and tunnels can lead to a traffic disaster on the Dutch road network, according to a study by engineering firm Sweco on behalf of Bouwend Nederland. Traffic organizations ANWB and TLN call on parliamentarians to intervene. "The flow to the periphery is seriously impeded; cities can become unreachable", the groups wrote in a letter to the Tweede Kamer, the lower house of Dutch parliament, AD reports.

Scooter ban on a
Jun 3 '19 09:19

Amsterdam will start fining scooter- and moped riders caught driving on the city's bike paths on Monday. The city banned scooters and mopeds from the bicycle paths in April, but postponed imposing fines for two months to give everyone time to get used to the new rules, RTL Nieuws reports.

Kids on a field trip
May 31 '19 12:50

Amsterdam is making sure that all kids, regardless of their family's financial position, can participate in field trips, class parties, sports days and other extracurricular activities. From this coming school year, kids from low income families at all primary schools in the city can swipe their City Pass when it is time for the voluntary parent contribution for such activities. The municipality will then pay 50 euros contribution to the school per swiped City Pass, Amsterdam said in press statement.

Couple arriving at a hotel
May 31 '19 12:00

Tourism in the Netherlands is less and less dependent on the season, largely thanks to hotel accommodation, Statistics Netherlands reported on Friday. Seasonal fluctuation at Dutch hotels is disappearing, with the number of overnights being nearly the same all year round.

Schiphol airport, 29 Sept 2018
May 31 '19 10:20

The summer holiday season - the busiest time of the year at Schiphol airport - is starting on Saturday and the airport's passport control is understaffed. There are still not enough Koninklijke Marechaussee officers at Schiphol to monitor travelers, and as the peak season gets going, this could lead to long lines and delays, the Telgraaf reports.

foto-kersttoespraak-koning-02
May 30 '19 12:30

King Willem-Alexander and Prime Minister Mark Rutte are attending the Bilderberg Meetings in Montreux, Switzerland this weekend. The Bilderberg Meetings are an informal discussion between important people in Europe and North America. A total of some 130 people will attend, including politicians, directors of multinationals, influential media and large institutions like the United Nations. 

Milieudefensie and Groningen residents dump fracking earthquake rubble in front of the Ministry of Economic Affairs in The Hague, 26 Oct 2017
May 30 '19 11:40

The temporary committee for mining damage in Groningen TCMG received a total of 2,875 damage reports after a 3.4 magnitude earthquake at Westerwijtwerd in the municipality of  Loppersumm last week, RTV Noord reports.

Most of the damage reports came from the municipality of Groningen, 1,323 in total. Stadskanaal is the only municipality in the province that had no damage reports. There were also dozens of reports from the province of Drenthe.

Deck of a cruise ship
May 30 '19 10:50

The Hague is working on luring smaller, luxury cruise ships with wealthy tourists to the city. With special tours, the city wants to get tourists excited about coming to visit. According to Economy alderman Richard de Mos, tourism is an important pillar of the city's economy and one in ten residents earns money from it, NOS reports.

May 30 '19 07:57

Where a nationwide public transit strike only resulted in somewhat busier-than-usual evening rush hour on Tuesday, the prospect of a long weekend caused the busiest evening rush hour of the year on Wednesday. According to travelers' association ANWB, at its peak there were over 1 thousand kilometers of traffic jams on Dutch roads on Wednesday evening, NU.nl reports.

Amsterdam
May 29 '19 14:45

Amsterdam is changing its Housing Regulations in an effort to tackle the problems in the local housing market. Some of the main changes proposed for 2020 include a quota on Bed & Breakfasts, banning holiday rentals in certain areas, giving young locals and healthcare and education staff priority for rental housing, and limiting room-based rentals to create more space for families, the city said in a press release. 

Student loan application
May 29 '19 14:20

The government's plan to increase interest rates on student loans will almost certainly fail in the Eerste Kamer, the Dutch Senate. Former VVD Senator Anne-Wil Duthler is increasingly critical of the plan, and support from the D66 also seems to be crumbling, NOS reports. The student loan system is also causing friction within GroenLinks. 

Containers in the port of Rotterdam
May 29 '19 12:30

The Dutch investigative authorities like customs and the police do not work well together in combating drug trafficking in the port of Rotterdam, researchers at Erasmus University concluded after an extensive study commissioned by the Rotterdam municipality, police, customs and Public Prosecutor. Information is not always shared and the authorities mainly focus on so-called "retrievers" of the drugs, which means that the organizers of the drug shipments remain out of reach, the researchers said, NOS reports.

Dutch soldiers with Minimi-light machine guns
May 29 '19 10:09

This year the Dutch government is allocating extra money for Defense, climate measures, youth care and education, according to the Spring Memorandum that Minister Wopke Hoekstra of Finance sent to parliament. The extra money allocated to Defense is far too little, American ambassador Peter Hoekstra said to the Volkskrant.

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