Business

Business

...Luke Espat Says \"No So Fast'

Luke Espat asserts that the Carnival Cruise Terminal Project is on schedule despite government concerns and disagreements with partners.

Business

Godfrey Smith: 'Forget About Carnival Cruise Project'

Tourism Minister Godfrey Smith announces the Carnival Cruise Terminal project is unlikely to proceed and suggests negotiations with Carnival or support for a new project by Royal Caribbean.

Business

GOB Will Acquire 100% of Universal

the government will acquire 100% of Universal Health Services after compensating its $32 million debt to Belize Bank

Business

Minimum Wage Increased to $3.00

The government has approved an increase in the minimum wage to three dollars, with phased implementation for agricultural sectors and immediate increases for shop assistants and domestic workers.

Business

Nova Shrimp Farm Plunges Into Receivership

The International Finance Corporation has appointed Robert Garcia as receiver for the Nova Ladyville Shrimp Farms, which is now being put on the market.

Business

Onions Are Back, But for How Long?

Onions are currently available and affordable in Belize, but vendors warn of a return to high prices due to supply issues.

Business

IMMARBE Says MV Farley Mowat's Owner Lied

IMMARBE Director General Angelo Mouzouropoulos defended the registration of the MV Farley Mowat, stating the owner misled them about the vessel's purpose.

Business

Cash Crisis Crunching Nova Shrimp Farm

Nova Shrimp Farm faces a cash crisis as the International Finance Corporation threatens foreclosure on a $12 million loan due to non-performance.

Business

Allan Smillin Stands Up

Allan Smillin clarifies a shipping mix-up that led to confusion and police involvement due to delays in package deliveries.

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