Business

“Kids at Work” business expo a success
Business / General / Weekend News

“Kids at Work” business expo a success

By Benjamin Flowers, Staff Reporter On Friday, Horizon Academy hosted its first financial literacy fair entitled “Kids at Work Business Expo.” The event, which showcased a variety of products for sale made primarily by students with guidance from teachers and parents, was held on the school’s compound at mile 3 […]

Business

Taiwan ICDF gives Belize US$2.5 Million Tilapia hatchery

By William Ysaguirre Freelance Reporter Commercially-farmed Tilapia were first introduced to Belize more than 20 years ago in the mid 90’s through Taiwan technology exchange. This week the Republic of China on Taiwan’s Technical Mission has gave a big boost to the industry by building a US$2.5 million, state of […]

VIP says no to ICJ and PetroCaribe Act
Business

VIP says no to ICJ and PetroCaribe Act

By Alexis R. Milan Staff Reporter The Vision Inspired by the People (VIP), at a press conference on Wednesday, expressed its opposition to the Prime Minister’s proposed amendments to the controversial PetroCaribe Loan Act and taking the Guatemalan claim to the International Court of Justice (ICJ). VIP candidate Patrick Rogers […]

BEWU denies demanding unfair salary increase
Business

BEWU denies demanding unfair salary increase

By Alexis R. Milan Staff Reporter The Belize Energy Workers Union (BEWU) has denied reports that it staged a “sick-out” on Monday in protest of Belize Electricity Limited’s (BEL) refusal to grant workers a salary increase. A BEWU release sent out on Wednesday, said that contrary to what was reported […]

EU Ambassador meets  with PM
Business

EU Ambassador meets with PM

By Alexis R. Milan Staff Reporter European Union) Ambassador to Belize, Paola Amadei, is on an official visit to the country this week with the purpose of visiting a number of sites to check on the progress of some of the EU-funded projects. She met with Prime Minister Dean Barrow. […]

BEL accepts rate cut but 2016 may be a different story
Business

BEL accepts rate cut but 2016 may be a different story

By Alexis R. Milan Staff Reporter Belize Electricity Limited has accepted a proposal from the Public Utilities Commission to cut electricity rates by 15 percent, but the company says it will seek a rate increase for the next full tariff review period (FTRP). BEL had originally suggested a 10 percent […]

Business

Money to DFC for the private sector!

By Benjamin Flowers Staff Reporter The Caribbean Development Bank (CDB) this week gave funds to the Development Finance Corporation to launch a new development project, which will benefit hundreds of Belizeans. DFC received a loan amounting to US $10.5 million and a grant of US $860,000 to be used for […]

Business

PUP vs UDP on Belize/Guatemala referendum

By Marion V. Ali Staff Reporter Foreign Minister Wilfred Elrington is scheduled to travel to Guatemala this month to sign an amendment to the Compromis that Belize and Guatemala signed in 2008. This agreement stipulates that that two countries will hold referendums simultaneously on whether citizens want to take the […]

PM flies to Miami for  more Stake Bank talks
Business

PM flies to Miami for more Stake Bank talks

By Alexis R. Milan Staff Reporter Prime Minister Dean Barrow flew to Miami, Florida on Monday for a secound round of discussions regarding the proposed cruise docking port at Stake Bank. During his visit, Barrow met with executives from Royal Caribbean Cruise Line, co-owners of the Fort Street Tourism Village […]

PUP introduces Major Lloyd Jones in BRN
Business

PUP introduces Major Lloyd Jones in BRN

By Marion V. Ali Staff Reporter Retired Major Lloyd Jones is the People’s United Party’s (PUP) standard bearer in the Belize Rural North constituency, replacing Arthur Saldivar, who was removed after an executive vote a few months ago, following character complaints against him. Jones, former Ports Commissioner for six years […]