Business

Business

Universal Takeover Is Imminent

Universal Health Services is set to be taken over by Belize Health Care Partners, led by Dr. Venugopal Muthugoumder, amid a $33.5 million debt issue.

Business

Standoff at St. Francis Xavier Credit Union

A standoff at St. Francis Xavier Credit Union continues as general manager Vicente Canul and board president Luciola West dispute control amid a liquidity crisis.

Business

Fruta Bomba Fires 800 Employees

Fruta Bomba terminated 700 to 800 employees due to redundancy caused by Hurricane Dean, offering them checks and a possibility of re-employment next year.

Business

Cruise Ship Crisis? No Ship in 13 Days!

There have been no cruise ship arrivals in Belize for 13 days following cancellations by Carnival Cruise Lines due to Hurricane Dean.

Business

Fruta Bomba: 50% of Papaya Crop Saved

Fruta Bomba reports that 50% of its papaya crop can be salvaged after Hurricane Dean, with plans to recover and employ workers soon.

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