Business

Belize just ended its 2nd most murderous year in history
Business

Belize just ended its 2nd most murderous year in history

By Adele Ramos Freelance Reporter In late December 2017, I wrote an article published in the Reporter newspaper in which it was estimated that the murder count was at 141, based on a compilation of police and media reports. Whereas the media is reporting a total of 144-145 murders for […]

PM hopes US will not cut aid
Business

PM hopes US will not cut aid

By Benjamin Flowers Prime Minister Dean Barrow is hoping that the United States will not cut aid to Belize following the country’s position adopted at the United Nations against the US recognition of Jerusalem as Israel’s capital city. Barrow noted that US aid to Belize is primarily related to security, […]

US $40 Million loan approved for Caracol Road
Business

US $40 Million loan approved for Caracol Road

By Marion Ali, Assistant Editor Belize has gotten a loan approval for the resurfacing of the Caracol road. The announcement came in the Prime Minister’s New Year’s address, when he said that he had just received a letter from the Director-General of OFID, which is the Organization for Petroleum Exporting […]

Business

Business-Climate Reforms Must Be Large Enough to Influence Growth Part II

“Let’s start small. One measure that could go a long way is to reduce the number of days and procedures required to start a new business. Since Belize was first included in the Doing Business Report ten years ago to present, those two factors have remained virtually unchanged. Maybe that […]

US places Belize-flagged cargo vessel on proposed UN blacklist China vetoes sanctions against 6 of 10 vessels
Business

US places Belize-flagged cargo vessel on proposed UN blacklist China vetoes sanctions against 6 of 10 vessels

By Adele Ramos Freelance Reporter Belizeans take great pride in saluting their national flag – a symbol of identity and sovereignty – paraded at official functions at home and abroad and is especially owned during the season of our Independence. What many Belizeans do not know, is that just as […]

UHS payment motion headed to Parliament
Business

UHS payment motion headed to Parliament

By Benjamin Flowers Prime Minister Dean Barrow, during the upcoming meeting of the House of Representatives scheduled for Friday, January 5, will bring a motion to the house on whether or not to honor the Caribbean Court of Justice (CCJ) ruling to pay the Belize Bank $90 million. After keeping […]

Taiwan gifts Guatemala towards strengthening of Adjacency Zone
Business

Taiwan gifts Guatemala towards strengthening of Adjacency Zone

By Marion Ali, Assistant Editor Guatemalans who live and work within the Guatemalan side of the Adjacency Zone out west will benefit from a grant from the Republic of China (Taiwan) to their government. Though the figure gifted has not been disclosed, Taiwan’s granting of money to the Belize and […]

Is US striking back at UN?
Business

Is US striking back at UN?

By Benjamin Flowers The United States government has announced a $200 million reduction in its national budget, following a non-binding vote by 128 United Nations countries to nullify the US decision to move its embassy to Jerusalem. The US government announced last week that its congress has successfully negotiated a […]

Business

Business-Climate Reforms Must Be Large Enough to Influence Growth

Now, the last Business Perspective article for 2017 had focused on the impact of high public debt could have on the economy. But the conversation was a bit more on the empirical side with a fairly recent research paper, published by the Central Bank of Belize (CBB) on its website, […]

Let there be light in Cayo – 4 villages being connected
Business

Let there be light in Cayo – 4 villages being connected

By Marion Ali, Assistant Editor More than 300 families in four communities in the Cayo district will soon have electricity after the Belize Electricity Limited (BEL) connected those areas to the national grid last week. The power lines being installed in San Marcos, Los Tambos, Selena, and Santa Teresita replace […]