Dutch investors seeking to expand their business activities in other jurisdictions can find suitable investment conditions in specific countries. Since the Netherlands is a member state of the European Union, the country’s entrepreneurs can benefit from the advantages offered by other EU member states especially when considering the lack of trade barriers and a means for working cross-border with administrative efficiency.
An older couple was arrested in Gennep, Limburg in an Dutch-led international investigation into fraud and money laundering, the Public Prosecutor announced. The 81-year-old man and 61-year-old woman are accused of tax fraud, money laundering, forgery and illegal banking. According to the Prosecutor, the amount involved in the couple's crimes is estimated at over 41 million euros.
The Netherlands is the number one choice in the world for multinationals to funnel money into tax havens, according to a study done by researchers at the University of Amsterdam. The researchers concluded that 23 percent of capital flows through the Netherlands go towards tax havens, ANP reports.
Britain comes in second place with 14 percent, followed by Switzerland with 6 percent, Singapore with 2 percent and Ireland with 1 percent. Together these five countries account for nearly half of the money globally funneled towards tax havens.
Christophe Cabibel, father of little Adam who had a heart attack on a KLM flight between Amsterdam and Singapore on January 3rd, reached out to KLM on Facebook to thank the crew and captain for making an emergency landing in Bucharest so that his son could be treated. Little Adam is doing well.
KLM flight KL835 from Amsterdam to Singapore made an emergency landing in Bucharest, Romania late on Sunday night after a young child fell ill on the plane. According to Theo Nabuurs, who was on board, the child had a heart attack. He calls the pilot "a hero" on Twitter, saying that his actions saved a life.
The Netherlands has risen three places to once again sit in fifth place on a list of 140 countries that were part of the annual measure of global competitiveness, according to figures released by The Global Competitiveness Report 2015-2016, conducted by the World Economic Forum.
Dutch company Startup Bootcamp is opening two new branches in the United States - one in New York and one in San Francisco. The company is also opening new offices in Mexico and South Africa.
Hundreds of Dutch people are currently stranded in Singapore and Bali. KLM had to cancel the flights between the two islands after a volcano on East Java erupted.
Amsterdam ranked as the fifth safest city in the world on The Economist's Safe Cities Index 2015 report. Every city in the index is scored across four different categories: health security, digital security, infrastructure safety and personal safety.
The Dutch Air Force has made a deal with its Italian counterpart to send F-16 pilots, and likely also F-35 pilots to train on the Alenia Aermacchi M-346 jet trainer with Italian crews. Both parties signed an agreement in which the Dutch Air Force will kick off the cooperation, sending one instructor and two student pilots to train on the M-346 in Italy's Lecce Galatina Air Base near the southern Italian city of Lecce.
At least 118 arrests have been made in connection with a global investigation aimed at ending the fraudulent purchase of airline tickets. Arrests came via the Global Airport Action, an alliance formed by centers at Europol in The Hague, Interpol in Singapore and Ameripol in Bogota. Several of those arrested were in the Netherlands.
ING has announced that it is brining its insurance branch to the Amsterdam stock exchange in an IPO move. This may take place within two months, the NOS reports.
Authorities on the Caribbean island of Trinidad have signed off on the extradition of a Dutch national to Singapore to stand trial for fraud.
Wilson Raj Perumal from Singapore, one of the world's most notorious match-fixers, has been in the Netherlands twice. While here, he sought contact with a footballer from the premier league, the Telegraaf reports.
The World Economic Forum has listed the Netherlands as the country with the third best accommodations for international trade. Singapore and Hong Kong repeated as the top two countries, with Holland advancing from 7th in the biannual Global Enabling Trade Report.
The World Academic Summit Innovation Index provided by Times Higher Education shows that the Netherlands is third in the world in businesses funding.
American multinational financial services corporation Citi is growing its liquidity management network by setting up a Notional Pooling in Amsterdam.