Business

Business June 25, 2020

BHA Rearing For Re-opening

BHA President Ted Tejada discusses the reopening of hotels in Belize and the new safety protocols required post-COVID-19.

Business June 25, 2020

Peace Movement Blasts Scotia Acquisition

The Belize Peace Movement criticizes the Belize Bank's acquisition of Scotiabank, calling it predatory and expressing concerns over its impact on Belizeans.

Business June 25, 2020

Former Governor Warns About Scotiabank Loans Portfolio

The former governor of the Central Bank expresses concerns about Scotiabank's loans portfolio performance post-COVID-19 due to job losses among debtors.

Business June 24, 2020

Port authority Kept Staff On Through Cash Flow Troubles

The Belize Port Authority is keeping all employees on staff despite significant revenue losses due to the coronavirus pandemic's impact on tourism.

Business June 24, 2020

Will Reserves Be Affected By Scotia’s Retained Earnings?

Glen Ysaguirre discusses potential impacts of Scotiabank's retained earnings on Belize's banking system following its acquisition by the Belize Bank's ownership group.

Business June 24, 2020

Premium’s Price Plunge Followed By Shortage

Consumers are experiencing shortages of premium fuel following a recent price drop that spiked demand unexpectedly.

Business June 23, 2020

Former Central Bank Gov. Urges Caution on Bank Merger/Acquisition

Former Central Bank Governor Glen Ysaguirre discusses the implications of the Belize Bank's acquisition of Scotiabank Belize and the importance of public confidence.

Business June 22, 2020

Belize Bank Ownership Group Buys Scotiabank Belize

The Belize Bank's ownership group has acquired Scotiabank Belize Limited for approximately 30 to 35 million US dollars, marking a significant shift in the banking sector.