Latest Netherlands News
RSS-
3 Dutch farmers fall to deaths in manure-filled silo
AMSTERDAM Dutch police say three farmworkers have died and a fourth has been critically injured after they fell into a silo filled with manure for use as fertilizer in the northern town of Makkinga. Provincial police in Friesland, where the town is located, tweeted that it wasn't clear what caused the fall Wednesday. The victims' identities won't be released until their families ...
-
Netherlands to keep producing top players
Dutch specialists believed that the Netherlands will keep producing top soccer players in the foreseeable future, based on the country's efficient youth training system. Just one year ago the Netherlands advanced to the FIFA World Cup final in South Africa. Wesley Sneijder, Arjen Robben and Robin van Persie are the names of the current stars of the national team. They are the successors of ...
-
Netflix rises following expansion into Netherlands
+1.84% shares on Wednesday rose 2%, to $233.77, after the company said it would expand its online video-streaming service to the Netherlands later this year. With the move into the Netherlands, Netflix will be available in seven European countries and 41 international markets. Netflix had a total of 36 million video-streaming subscribers in the U.S. and abroad at the end of the first quarter of ...
More Netherlands News
RSS-
Netflix Will Be Available In The Netherlands This Year
Netflix announced on Wednesday that it will launch in the Netherlands in late 2013. This will mark the 41st country where the service is available. It’s hard to say just what all content will be available, but Netflix does say, ';Upon launch, broadband Internet users in the Netherlands can subscribe to Netflix and instantly watch Hollywood, local and global TV series and films, ...
-
Three Die In Dutch Liquid Manure Tank
Three men have died after becoming trapped in a manure tank in a rural part of The Netherlands. A fourth was taken to hospital in a critical condition. De Telegraaf said that one victim was the 26-year-old youngest son of the farm owner. The detail was attributed to a neighbour who was involved in the rescue. He added that a 29-year-old man from Joure and a 42-year old man from ...
-
European police bust Georgian mafia in raid
European police have arrested 18 suspected members of a Georgian crime gang, confiscating weapons, drugs and cash in one of its most significant blows against Russian-speaking mafia groups on the continent, Europol said on Wednesday.Police carried out simultaneous raids in the Czech Republic, France, Hungary, Italy, Lithuania and Portugal in the early hours of Tuesday, the continent's ...
-
Dutch pension funds need ‘firm measures’ to return to satisfactory funding levels
Firm measures are necessary to bring scheme funding levels of Dutch pension funds up to the minimum required funding ratio of 105 per cent within five years, warns De Nederlandsche Bank (DNB) in its Annual Report 2008. DNB, which is responsible for safeguarding financial stability in the Netherlands, said the funding level at the end of 2008, which stood at 95 per cent, can be brought up ...
-
Dutch pension funds sell off securities
EUR 26bn worth of securities were sold by Dutch pension funds in the fourth quarter of 2008, according to figures published by De Nederlandsche Bank. The funds carried out equities sales totalling almost €9bn, and disposed of €17bn worth of debt certificates such as bonds. Due to these sales, and to substantial price losses on the funds’ equity holdings, the value of ...
-
Dutch tax authorities rule on landmark tax rebate for UK pension funds
UK pension funds are set to enjoy a €100million rebate from the Dutch tax authorities following a tax ruling, says the UK branch of KPMG. The professional services provider’s test claimant, Strathclyde Pension Fund, has brought a successful legal challenge against the Dutch tax authority for a levied ‘withholding tax’ (WHT) on dividend payments to tax exempt bodies ...
-
Net worth of Dutch investment funds decreases further
The net worth of supervised Dutch investment funds fell by €6.4bn (eight per cent) in the third quarter of 2008 (Q3 2008), with De Nederlandsche Bank attributing losses to investment write-downs and net withdrawals by investors. Equity price falls of 11 per cent, which were in line with the worldwide drop in equity prices of 12 per cent, according to the MSCI World Index, was the ...
-
Dutch pension funds receive €4.9bn in dividends over 11 months
Between April 2007 and March 2008, Dutch pension funds are reported as having received €4.9bn in dividends on quoted shares, according to De Nederlandsche Bank. Pension fund holdings of these quoted shares averaged at €195bn in that period, which excluded quoted shares held through mutual funds. The Bank said that dividend income is used for two things, either as a major ...
-
Netherlands streets ahead in use of Liability Driven Investment
Sixty-one per cent of Dutch pension funds are currently employing a Liability Driven Investment (LDI) strategy, an increase of 18 per cent on last year’s figures. Fiduciary manager SEI revealed the results of a Global Quick Poll of the global pension fund space, surveying executives overseeing pensions in the US, UK, Hong Kong, Canada and the Netherlands. There was also an ...
-
Slight growth in Dutch mutual funds
Dutch mutual funds expanded their share in Dutch household investments from 54 per cent to 55 per cent in the first quarter 2008, according to De Nederlandsche Bank. The Bank said the increase may be a turnaround in a declining trend, and sees the various measures taken since 2006 to improve the business climate for mutual funds in the Netherlands as beginning to take effect. However, ...
-
Dutch pension liabilities fall
The value of the Dutch pension funds’ technical provisions stood at approximately €493bn at year-end 2007, a drop in liabilities of €14bn, according to De Nederlandsche Bank. Pension funds calculate these technical provisions in order to estimate what they are required to pay to future pensioners, and the size of this is dependent on factors such as capital market rates ...
-
Dutch metal pension funds launch joint in SRI policy
The two Dutch pension funds for the metal industry, the €33bn Pensioenfonds Metaalelektro (PMT) and the €21.5bn Pensioenfonds Metaal en Techniek (PME), have launched a joint social responsible investment policy. In conjunction with asset manager and pension provider Mn Services, jointly owned by PME and PMT, the two funds have drawn eight lead principles from international ...
-
Holland must do more to promote itself as pooling hub
Holland must do more to promote itself as a centre for international asset pooling, says a new report from the Netherlands, while also preserving the strength of the Dutch pensions ...
-
Dutch financial confidence knocked by sub-prime crisis
Financial stability in the Netherlands is less favourable than it was six months ago, according to the DNB’s most recent assessment of the region. The Overview of Financial Stability (OFS), published by De Nederlandsche Bank (DNB), highlighted a recent period in the market when, triggered by the crisis in the US sub-prime mortgage market, liquidity evaporated in various credit ...
-
Leading Dutch funds allocate €500m to clean technology
ABP and PGGM have re-inforced their commitment to sustainable investment with a joint mandate to invest in innovative, clean technology. The two largest pension funds in the Netherlands have appointed AlpInvest* to invest €500 million in innovative, clean technology in one of the largest mandates ever to be placed on the international private equity market. This is the first time ...
-
Dutch funds respond to SRI embarrassment
Dutch pension funds have been shamed into smartening up their investment decisions after a current affairs TV programme in the Netherlands revealed that two of the largest funds were investing in US firms that produce cluster bombs and landmines. Dutch pension fund PGGM, the pension fund for the healthcare and social work sector, has since announced that it has stopped investing in these ...
-
Dutch fund returns down says WM
Average returns for Dutch Pension funds in 2006 halved - from 14.8% in 2005 to 7.4% in 2006 – according to new performance figures by WM Performance Services (WM). Taking into account the consumer price index, which rose by 1.4%, this represents a real return of 5.9%, which is above the 10-year annualised real universe return of 5.2%, says the investment performance measurement ...
-
US film and television giant Netflix confirms Dutch market entry
American film and internet television giant Netflix on Wednesday confirmed plans to enter the Dutch market 'before the end of this year'. The company, producer of series such as House of Cards and Arrested Development, did not give any details about what programming would be available to Dutch consumers or possible prices. It did say Dutch users with broadband internet access would ...
-
Netflix streaming heads to the Netherlands in late 2013
(Credit: Screenshot by Lance Whitney/CNET) Netflix streaming is heading to the Netherlands, the company announced on Wednesday. ...
-
Dutch scramble to save four trapped in manure silo
Dutch emergency services scrambled Wednesday to save four people who fell into a manure silo in the north of the country, police said."Regional emergency declared in Makkingawhere four people are trapped and unconscious in a manure silo," police in the northern Friesland region tweeted.Dutch media reported that helicopters and emergency divers had been scrambled to the scene of the ...
-
New Dutch super-computer unveiled in Amsterdam
The State Secretary notes that Cartesius could profit the Netherlands both academically and financially: "Cartesius enables our scientists to achieve important new scientific insights, and can help to force ...
-
The Netherlands will veto EU sanctions over Israeli settlements minister
The Netherlands will veto any moves by the European Union to impose sanctions if Israel presses ahead with building settlements on disputed territory east of Jerusalem, foreign minister Frans Timmermans is quoted as saying by news agency ANP. Timmermans said sanctions are not 'currently on the agenda'. The minister has had meetings with Israeli and Palestinian representatives over the ...
Netherlands Feature
-
Laura Dekker victim of ageism in Netherlands?
Laura Dekker’s future plans to sail around the world solo hang in the balance as her emotional and mental stability is argued over by two national child care agencies that are in disagreement about her state of mind.
Laura Dekker, 14, has been trying since August last year to sail around the world on her own and in so doing become the youngest person to accomplish the feat. When she first announced her plans, the courts quickly intervened and according to Netherlands news reports, she was placed under the custody of the Child Protection Board in order to be assessed. Read more
News from around our Network
