Business

Business July 10, 2014

Belize Makes US Stock News, But Outfit Seems Shady

Belize was mentioned in US business news due to the questionable stock surge of CYNK Technology, which falsely claims to be based in Belize City.

Business July 10, 2014

Ramada Donates Old TV’s

Ramada Belize City Princess Hotel donates 160 old televisions to various charity organizations as part of its rebranding effort.

Business July 8, 2014

Embattled Sugar Season Closes; All Quotas Met

The 2013-2014 sugar cane grinding season closed with over 1.2 million tonnes delivered, exceeding quotas despite challenges faced by farmers and factory owners.

Business July 3, 2014

Tropic Air Vs. Brett Feinstein to Court

Tropic Air Limited and Construction Depot Ltd, represented by Brett Feinstein, faced off in court over a property dispute regarding a halted multi-million-dollar project.

Business July 3, 2014

Puerto Azul Project Takes On New Profile

Minister Hulse discusses the Puerto Azul project, which aims to create an event facility in Belize to attract high-profile international events.

Business July 3, 2014

Norwegian Won’t Be Injuncted, Hulse says

The Norwegian Cruise Lines Harvest Caye Cruise Terminal Project continues despite a partial court victory for the Belize Tourism Industry Association regarding environmental assessments.

Business July 3, 2014

Stake Bank Project Stalled By Indemnity Issue

The Stake Bank Development project near Belize City is stalled due to indemnity issues related to government liability and agreements with Fort Street Tourism Village.

Business July 2, 2014

Cane Farmers Call Bagasse Proposal a Slap In the Face

Cane farmers reject BSI's bagasse payment proposal, claiming it undervalues their product and demanding a higher price based on regional standards.

Business July 2, 2014

Sugar Season Wasn't Bad

The 2013-2014 sugar season has exceeded last year's production, with forecasts indicating a potential yield of 1.2 to 1.25 million tonnes of cane.

Business July 2, 2014

BTL Broadband Woes Continue

BTL customers face ongoing internet access issues due to an external attack on the company's DSL servers, requiring manual DNS setting changes.

Business July 2, 2014

New Light Rate In Effect

The average electricity rate has decreased from 44.65¢ to 43.0¢ per kilowatt-hour following the annual review proceedings.

Business July 1, 2014

Hackers Causing Your Internet Failures

BTL's broadband service has been disrupted due to cyber attacks from international hackers, causing significant inconvenience for users.