Business
BEL: The Takeover, the Transition And The Future
The government takeover of BEL has been smooth, with efforts to negotiate better power purchasing costs from CFE underway.
Business
Business
Banco Atlantida Eyes BSI
Banco Atlantida proposes a debt for equity swap to help Belize Sugar Industries address its financial difficulties and repay a $30 million loan.
Business
Central Bank Buys Shares In Telemedia
The Central Bank invested $20 million in Telemedia shares, raising legal concerns and criticism from the opposition regarding the legitimacy of such investments.
Business
Radisson Lost Major Money To Butane Scam
The Radisson hotel manager confirmed significant financial losses due to a butane scam, totaling approximately $154,000 over three years.
Business
Co-Ops Day Observed
A friendship accord was signed between the Department of Cooperatives and the Peace Corps to support cooperatives in Belize with training and technical assistance.
Business
Sales Tax Crackdown Puts Prominent Business Owners Under Threat Of Jail
The Sales Tax Department is enforcing committal warrants against business owners for unpaid taxes, threatening jail time for several prominent figures.
Business
Progresso Will Get A Road
A contract was signed to pave 16 miles of road from Orange Walk Town to Progresso, funded by the European Union's AMS 2008 project.
Business
Butane Regs. Still More Hounoured In Breach Than In Observance
The Bureau of Standards reports that most butane suppliers are non-compliant with new regulations, with enforcement actions pending.
Business
Planning Tourism For The Next 20 Years
The Ministry of Tourism presents a National Sustainable Tourism Master Plan aimed at shaping Belize's tourism industry over the next 20 years.
Business
Market Mess Up
Vendors on Hicattee Street are losing money due to flooding and contaminated produce, prompting calls for better market conditions and infrastructure improvements.
Business
Free Zone Fire Safety
The Corozal Free Zone received donations of two dump trucks and a fire engine to improve garbage management and safety.
Business
Butane Companies Still Not Compliant
Butane companies have not complied with new regulations requiring scales for their operations, despite a statutory instrument signed over 100 days ago.
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