First Caribbean International Bank is pulling out of Belize and selling its assets to Heritage Bank, with Prime Minister Dean Barrow commenting on the situation.
Prime Minister Dean Barrow discussed potential business opportunities with investors in Miami but did not disclose details.
Prime Minister Dean Barrow traveled to Miami for a one-day business meeting on behalf of the Government of Belize.
BTL has agreed to provide diversity sensitivity training after facing criticism from Senator Lisa Shoman over sexist advertisements on social media.
The Government is working on a new price regime for rice after accusations of price gouging by local producers and an importer pushing for cheaper imports from Guyana.
Belize and Guatemala's Trade Ministries discuss formalizing trade alliances and overcoming challenges to enhance cross-border trade at a conference in Belize City.
Stakeholders in the shrimp industry held a workshop in Belmopan to discuss standards and regulations for improving product quality and consumer safety.
Local government leaders from various towns and cities met to discuss revenue enhancement and budget preparation to improve municipal funding.
Belize City Council proposes to cut property tax and trade license fees to promote business development and increase overall revenue.
Belize's tourism is declining despite growth in the Caribbean, attributed to fewer arrivals from Canada and the USA.
Heritage Bank is acquiring First Caribbean Bank's assets, affecting 60 employees who may lose their jobs during the transition process.
Heritage Bank plans to expand by acquiring First Caribbean Bank, raising questions about the future of its employees.
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