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    DESIGN WORK ON – ‘STAKE-BANK CRUISE SHIP ISLAND VILLAGE’ – BEGINS

DESIGN WORK ON – ‘STAKE-BANK CRUISE SHIP ISLAND VILLAGE’ – BEGINS

THE REPORTER: News Staff, – Investors in the Stake Bank Cruise Port, Stake Bank Enterprise Limited (SBEL), announced that design work for the much anticipated cruise port facility was set to commence this week. The project is expected to have a significant impact on the cruise tourism sector, particularly in

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    BELIZE RANKS 125th. IN GLOBAL ‘DOING BUSINESS SURVEY’

BELIZE RANKS 125th. IN GLOBAL ‘DOING BUSINESS SURVEY’

REPORTER: News Staff, – This week, the World Bank Group released its 2018 Ease of Doing Business Report which showed Belize ranking 125 out of a total 190 countries. The report speaks to various aspects of doing business in a country such as startup time and enabling business environment, with

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    GST & INCOME TAX TO BE MERGED

GST & INCOME TAX TO BE MERGED

REPORTER:  Marion Ali, Assistant Editor, – Work is currently underway to merge the General Sales Tax and the Income Tax departments. Prime Minister Dean Barrow confirmed this yesterday at his press conference in Belize City. He explained that the amalgamation was on the table for several years, following expert advice

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    CHAMBER CALLS OUT G.O.B – AG SAYS HOLD UP !

CHAMBER CALLS OUT G.O.B – AG SAYS HOLD UP !

REPORTER: News Staff, – The Belize Chamber of Commerce and Industry (BCCI), in a letter addressed to Attorney General Michael Peyrefitte last week, called on the government to express its concerns about the slow pace with which the government has acted in implementing United Nations Convention Against Corruption (UNCAC) and

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    FIRST EVER DOWNTOWN FLEA-MARKET A SUCCESS

FIRST EVER DOWNTOWN FLEA-MARKET A SUCCESS

REPORTER: Marion Ali, Assistant Editor, – Downtown businesses that took part in the first ever flea market yesterday have reported that they saw much better business, and Deputy Mayor Oscar Arnold says it made for a “Super sale Saturday.” Deputy Arnold told the Reoorter today that the businesses all said

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    CONCERN OVER SURVIVAL OF FREE-ZONE MOUNTS

CONCERN OVER SURVIVAL OF FREE-ZONE MOUNTS

REPORTER: News Staff, – There is growing concern among the business community and in political circles over a recent announcement by Mexican President-Elect, Andres Manuel Lopez Obrador, that Quintana Roo and other Mexican border states would be converted into free-zone states with significantly lower Value Added Tax (VAT) rates and

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THE B.C.C.I CODE OF CONDUCT

“The objectives of the Chamber shall be: (a) to foster the economic growth and social well-being of Belize through the free-enterprise system at all levels by promoting and protecting both nationally and internationally, commerce, all sectors of industry and agriculture, including agri-business, tourism and manufacturing, the professions and the trades”—Section

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    PRIMARY SURPLUS

PRIMARY SURPLUS

REPORTER: News Staff, – In the soup of economic statistical variables that often find themselves in the public discourses regarding the health of the Belizean economy, of late one that has been worthy of even more attention is Belize’s primary surplus. Defined as the difference between the country’s current revenues

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