Economy News in English
Latest economy headlines from Dutch news, translated into English.
Demand for nursing home beds, but seniors don't want to go
Recent research indicates that while there is a public call for more nursing home capacity in the Netherlands, some facilities are actually experiencing vacancies. This discrepancy arises because many...
Bol and Amazon face new Chinese competitor Joybuy
Chinese online retailer Joybuy has officially launched in the Netherlands and five other European countries, positioning itself as a competitor to Bol and Amazon. The company aims to offer same-day de...
Chinese webshop Joybuy challenges Bol and Amazon today with same-day delivery and robot pets
JD.com, China's largest retail giant, has launched its new webshop Joybuy in the Netherlands and Europe today. The platform aims to compete with major rivals like Bol and Amazon by offering same-day d...
Blekersduin housing construction halted due to nitrogen. Velsen Housing: 'We even use electric pile driving'
The construction of 40 social housing units in Santpoort-Zuid has been halted by environmental authorities over nitrogen emission concerns. The Velsen Housing Company disputes the decision, claiming t...
Oxxio's offer was a bit too sharp as energy company tries to back out of deal with Martin
Energy company Oxxio attempted to cancel a contract with a customer after it had already been accepted, claiming the original offer was too low. The Ombudsman team has intervened, challenging the comp...
Pension shortfall looms for hundreds of thousands of SME workers, employers must take action
Hundreds of thousands of Dutch SME employees face significant tax penalties because tens of thousands of companies have not yet updated their pension schemes to comply with the new pension system. Emp...
WSJ: US seeks coalition to escort ships in Strait of Hormuz
The U.S. government is planning to form a coalition of countries to escort commercial vessels through the Strait of Hormuz, a critical shipping route near the Iranian coast. According to reports from ...
FNV and CNV: Monday strike at DHL Express
Employees of DHL Express will go on strike for nearly the entire day on Monday after collective labor agreement negotiations between the company and unions FNV and CNV reached a stalemate. The industr...
Monday strike at DHL express delivery service to mainly affect businesses
Employees at DHL Express are set to strike for nearly the entire day on Monday following a breakdown in collective bargaining negotiations between the company and labor unions FNV and CNV. The industr...
Mining Damage Institute received 300 damage reports after earthquake
Following a double earthquake near Assen, Dutch authorities received hundreds of damage reports from affected residents. The Institute for Mining Damage Groningen received over 300 reports, while the ...
IEA member states release nearly 412 million barrels of oil from reserves
Member states of the International Energy Agency (IEA) have pledged to release 411.9 million barrels of oil from their strategic reserves. The agency issued a statement on Sunday following the submiss...
The belief that all people are equal is worth fighting for
The article discusses how the Netherlands has historically maintained a policy of neutrality during global conflicts to protect its commercial trade interests. It highlights the nation's ability to st...
For Peter (51), conversations are more often about his motor skills than his intellectual abilities
Peter, a 51-year-old job seeker, reports that his interviews often focus on his physical mobility and appearance rather than his professional research experience. He shared with career consultant Anne...
Europe has the world's strictest rules: Haarlem's Christy Wong-Go inspects Asian products for the European market
Haarlem resident Christy Wong-Go specializes in vetting Asian products to ensure they comply with strict European Union import regulations. The process involves comprehensive checks on ingredients and...
Data leaked in Odido hack, what now? Hackers use sophisticated tactics: ‘They want to know if you have money’
A major data leak at telecom provider Odido has exposed the personal information of millions of people in the Netherlands. Experts warn that hackers use such data as a gold mine to profile potential v...
The Greenhouse | Will we finally stick to voluntary environmental agreements?
Climate reporter Jeroen Kraan discusses the resurgence of environmental covenants as a policy tool in the Netherlands. The column questions whether lessons have been learned from the 1990s to ensure t...
Fake celebrity interview scams harmful to democracy: ‘Time to put a stop to it’
The Dutch Association of Journalists (NVJ) is calling on tech companies to take stronger action against fraudulent fake interviews featuring Dutch celebrities on social media. The organization warns t...
Number of gyms rises by 25%: "Fits today's busy lifestyles"
The number of gyms in Amsterdam has increased by nearly 25% over the last five years, reaching 1,659 locations to accommodate residents' busy lifestyles. While the growth offers increased flexibility ...
Billions likely involved in undeclared work, but chance of getting caught is small
Although billions of euros are estimated to be involved in undeclared work in the Netherlands, the likelihood of being caught remains low. Authorities currently prioritize investigating international ...
We are doing everything we can to make having children as difficult as possible
Young people in the Netherlands are increasingly delaying major life milestones like living together and starting a family due to financial and political barriers. Despite expressed concerns from poli...
Trump wants more countries to send warships to the Gulf region
U.S. President Donald Trump has called on other countries to send warships to the Gulf region to protect oil tankers. The initiative aims to ensure safe passage through the Strait of Hormuz amid tensi...
EU sanctions against pro-Russian individuals extended after Hungary and Slovakia approval
The European Union has extended sanctions for six months against individuals and entities suspected of supporting Russia's invasion of Ukraine. This decision follows the withdrawal of opposition from ...
Expatriate Cubans hope for return and trade in Cuba
The Cuban government is expected to introduce economic reforms next week that will allow exiled Cubans and their descendants to invest in and own small businesses. This move, reported by the Miami Her...
Two Indian oil tankers pass through the Strait of Hormuz
Two Indian-flagged oil tankers successfully passed through the Strait of Hormuz on Saturday morning without any reported incidents. Indian port and shipping authorities confirmed that the vessels are ...
EV drivers have the last laugh as fuel prices skyrocket
Rising oil prices driven by tensions involving Iran have led to a sharp increase in petrol and diesel costs over the past two weeks. While traditional vehicle owners face higher prices at the pump, el...
First oil from US emergency reserves on the market next week
The United States will begin releasing oil from its strategic reserves by the end of next week to combat high fuel prices. A total of 172 million barrels will be released in response to market pressur...
No municipal role in Crown Van Gelder situation: Velsen Board responds to Liberaal Blauw council questions
The Velsen municipality has stated it will not intervene in the financial difficulties facing the Crown Van Gelder paper mill in Velsen-Noord. This position was clarified in response to inquiries from...
Thousands of Meta employees to lose jobs due to AI
Meta Platforms, the parent company of Facebook, WhatsApp, and Instagram, is planning to lay off thousands of employees, potentially affecting up to 20% of its workforce. The job cuts are intended to s...
Screen time | Wanting to use my phone less doesn't mean I'm addicted
In his weekly column "Schermtijd," tech reporter Rutger Otto explores the distinction between wanting to reduce smartphone usage and being clinically addicted. He examines the criteria for phone addic...
Councilors earn more partly due to population growth: salaries 21 percent higher than four years ago
Remuneration for local council members in the Netherlands has increased by nearly 21 percent over the past four years, a significantly higher growth rate compared to the previous term. According to an...