Business

Business

Belize achieves record tourism growth

By Alexis R. Milan Staff Reporter Third-quarter tourism statistics indicate that Belize has seen a considerable increase in tourism arrivals in both airport and cruise ship categories. Statistics from the Caribbean Tourism Organization (CTO) provided by the Belize Tourism Board (BTB) recorded 45,862 arrivals between July and September. This represents […]

Business

Conservation Trust gives 1.1 million to 5 conservation projects in Belize

By Alexis R. Milan Staff Reporter Belize’s Protected Areas Conservation Trust (PACT) will be awarding $1,195,356.35 in project grants to five conservation groups later this month. The largest grant of $599,708 will go to Friends for Conservation and Development for a project in the Chiquibul Forest Reserve for sustainable development […]

Business

Social partners write to PM concerning 13th Senator

By Alexis R. Milan Staff Reporter Senators representing the social partners wrote to Prime Minister Dean Barrow this week questioning his delay in appointing the 13th senator. According to the letter, signed by Senator Mark Lizarraga who represents the private sector, Senator Ray Davis who represents the National Trade Union […]

Belize and Mexico sign agreements to improve bilateral relations
Business

Belize and Mexico sign agreements to improve bilateral relations

By Marion Ali Staff Reporter Belize’s Foreign Minister, Wilfred Elrington and his Mexican counterpart, Jose Antonio Meade last Friday led the 8th Meeting of the Belize-Mexico Bi-National Commission during which the Foreign Ministers reviewed the Bilater signed three new bilateral agreements. The first was a Memorandum of Understanding in tourism […]

Special Envoy Mrs. Kim Barrow raises $300,000  for Paediatric Intensive Care Unit
Business

Special Envoy Mrs. Kim Barrow raises $300,000 for Paediatric Intensive Care Unit

By Benjamin Flowers Staff Reporter Belize’s indefatigable Special Envoy for Women and Children, Mrs. Kim Simplis Barrow, through her fundraising efforts, has raised some $300,000 for the Belize Children’s Trust. The Special Envoy raised the funds through the 2nd Annual Fundraising Gala Dinner in aid of the Belize Children’s Trust, […]

City Council and  Chamber will partner for  equitable tax solutions
Business

City Council and Chamber will partner for equitable tax solutions

by Alexis R. Milan Staff Reporter The Belize City Council and the Belize Chamber of Commerce and Industry have reached an understanding to introduce a new format for calculating annual trade license fees, which are more rational and less arbitrary. The Belize City Council has also agreed to a moratorium […]

Credit Unions wrap up three-day workshop
Business / Weekend News

Credit Unions wrap up three-day workshop

By Benjamin Flowers, Staff Reporter Several credit unions completed a three-day strategic marketing workshop at the Biltmore Plaza Hotel on Sunday. The workshop, hosted by the Belize Rural/Finance Development Project and facilitated by the Trinidad and Tobago-based consultancy firm, Gbest Company Limited, was geared towards setting goals for the credit […]

Business / Weekend News

Taiwanese trade delegation visits Belize

By Marion Ali, Staff Reporter A seven-member Taiwanese delegation was in Belize from September 27 to 30, to explore the potential cooperation opportunities and to promote the trade relationship between Belize and Taiwan. The delegation comprised of one official trade office and two well-known private companies: Central America Trade Office, […]

BISL wins 1st round in court vs GOB
Business

BISL wins 1st round in court vs GOB

By Alexis R. Milan Staff Reporter The Belize International Services Limited (BISL) received a ruling in its favour Wednesday against the Government of Belize in a case regarding the payment of taxes by the International Business Company (IBC). Justice Shona Griffith ruled in the Supreme Court that, BISL because of […]

GOB and Belize Bank in court over UHS loan
Business

GOB and Belize Bank in court over UHS loan

By Alexis R. Milan Staff Reporter The Government of Belize and the Belize Bank were in court this week to make closing arguments in the case of a $33 million loan owed to the bank for the former Universal Health Services. Justice Shona Griffith heard arguments from both sides and […]