Business

Michel Chebat runs for PUP in  Cayo  North
Business

Michel Chebat runs for PUP in Cayo North

By Alexis R. Milan Staff Reporter Attorney Michel Chebat has announced his intention to run as a standard bearer for the People’s United Party (PUP) in the Cayo North constituency, which became available after incumbent Joseph Mahmud decided not to seek re-election. Chebat said he has started to visit the […]

Business

Tourism operators up in arms over new regulations imposed by NICH

By Alexis R. Milan Staff Reporter The Federation of Cruise Tourism Association of Belize (FECTAB) is unhappy with amnesty conditions that the National Institute of Culture and History (NICH) have decided to grant to tour operators to give them time to comply with new tourism regulations. Tour operators call the […]

Diversifying Income for Fishers: Steps to Improve Livelihood and Fisheries
Business

Diversifying Income for Fishers: Steps to Improve Livelihood and Fisheries

By Ralna Lewis, Wildlife Conservation Society & Julie Robinson, The Nature Conservancy The fisheries sector is central to the Belizean economy. In 2011 it accounted for $25.95 million BZD in export earnings, representing 2.2 percent of Belize’s GDP. In 2012 the sector supported close to 3,000 fishermen. The Government of […]

Caneros give ultimatum
Business / General / Weekend News

Caneros give ultimatum

By Benjamin Flowers, Staff Reporter The General Assembly of the Belize sugarcane Farmers resolved on Saturday that they will take industrial action in five days counting from Monday if Central Government and the Sugar Industry Control Board do not intervene to end the ongoing impasse with the American Sugar Refineries […]

Business / General / Weekend News

Happening now…

By Ben Flowers, Staff Reporter Hundreds of cane farmers gathered at Escuela Mexico in Corozal to discuss a way forward after Belize Sugar Industries’ latest offer to deal directly with cane farmers and circumvent the Belize Sugarcane Farmers Association. More as the meeting develops.

Caribbean islands anxious  over climate change
Business

Caribbean islands anxious over climate change

By Marion V. Ali Staff Reporter Rich countries which are not prepared to make a concerted effort to change practices which have an impact on climate change run the risk of meeting by themselves at the next international conference on climate change set for December in Peru. That is because […]

Supreme Court orders full restitution to four offshore companies  accused of laundering
Business

Supreme Court orders full restitution to four offshore companies accused of laundering

By Alexis R. Milan Staff Reporter The Supreme Court on Monday ordered the Financial Intelligence Unit of the Government of Belize to unfreeze all the assets of four offshore companies which it seized during a police sweep on September ninth. On that day Police invaded the fourth floor of the […]

Assembly man Tulio Mendez to bow  out due to failing health
Business

Assembly man Tulio Mendez to bow out due to failing health

By Marion V. Ali Staff Reporter Dr Marco Tulio Mendez, the PUP’s area representative for Orange Walk East on Tuesday confirmed with The Reporter Newspaper that he is leaving politics for good due to ill-health. The neurologist by profession disclosed that following his doctors’ advice, he met with his committee […]

Business

S & P upgrades Belize credit ratings

By Alexis R. Milan Staff Reporter Belize’s credit rating was upgraded from stable to positive in a new report from Standard and Poor’s (S&P) Rating Services, citing new investments in the sugar and non-traditional agricultural products. S & P acknowledged that Belize’s economic growth prospects have improved. According to S&P, […]

Business

Petro Caribe Fund under Fire! PUP says it’s operating illegally

In a sharp rebuke to the PUP for filing a court action calculated to disrupt Government use of Petrocaribe funds for development, an official statement from the Government Press Office called the PUP a party “on the wrong side of history working against the upliftment” of Belize. It charged the […]