By Dyon A. Elliott First-time home owners now have access to relatively “unbeatable” mortgage financing rates, thanks to the recently launched National Bank of Belize. Prime Minister Dean Barrow, speaking at the bank’s opening on Monday, lauded his administration’s latest initiative, saying: “Our lending rates will be unbeatable, because [...]
By Dyon A. Elliott Studies show that state-owned financial institutions (SFIs) can strain private sector financial institutions, but the National Bank of Belize’s Chairman Senator Joy Grant says the Government has taken precise steps to minimize such risks.
Belize stands to collect more via the Windfall Tax from the rising global price of oil. However, the Ministry of Energy, Science & Technology, and Public Utilities says that the cost will out-weigh the benefits.
The National Garifuna Council condemned Norwegian Cruise Line’s announcement that it will use the sacred ceremony of ‘Dügü’ as a daily tourist attraction. This week the NGC issued a release saying that the idea to use the ceremony as an everyday attraction is “indicative of arrogance and ignorance on the [...]
On Tuesday this week the Republic of China (Taiwan) donated $651,725 USD to the Ministry of Agriculture for the GOB-ROC (Taiwan) Aquaculture Project. The cheque was presented by the Republic of China’s (Taiwan) Ambassador, His Excellency David Wu, to Deputy Prime Minister and Minister of Natural Resources and Agriculture Hon. [...]
The Government of the Republic of China on Taiwan has donated to Belize $213,188 to use the latest information communications technology to set up a system to manage natural disasters. Belize’s subtropical climate makes it especially vulnerable to tropical cyclones, a susceptibility exacerbated by climate change and rising sea levels.
The Sarstoon Temash Institute for Indigenous Management, SATIIM, through its attorney, Eamon Courtenay, has filed an application before the Supreme Court, objecting to the Government’s permission to U.S. Capital Energy to conduct drilling operations within the Sarstoon Temash National Park in the Toledo district.
The Revenue Enhancement Support Program (R.E.S.P.) is expected to help the city and town councils improve their tax collection and manage their spending more efficiently, according to the R.E.S.P. final report. presented at the George Price Centre for Peace and Development in Belmopan on Wednesday morning, July 24.
The Government of Taiwan is going to help the Department of Agriculture in Belize to build a $5 million tilapia hatchery at Center Farm in the Cayo District.