Business

Business August 16, 2006

'Miss Vio' Wins 75 Gs from Scotia Bank

Violet Gomez won $75,000 from Scotia Bank's raffle campaign designed to encourage savings among customers.

Business August 15, 2006

Belmopan Bails Out City Hall

The government has committed to deposit over $61,000 into City Hall's account to assist with debt payments and support sanitation employees.

Business August 14, 2006

Fisheries Officer Wins $182,500 LOTTO Jackpot!

Isaias Majil from Corozal town won the largest lotto jackpot in Belize history, totaling $182,500.

Business August 11, 2006

SEL Paid Workers Today But Next Week is Uncertain

Rupert Marin confirmed that his company SEL paid over 200 workers today, but future payments remain uncertain due to ongoing negotiations with the council.

Business August 9, 2006

GOB's Take from BNE Only 28%!

The government of Belize is receiving only 28% of oil revenues instead of the promised 50%, according to calculations by the Minister of Natural Resources.

Business August 9, 2006

Back in Business!

Subway restaurant on Freetown Road re-opens after ten days of closure due to permit issues with the Ministry of Finance.

Business August 4, 2006

Princess Hotel & Casino Lay-Offs 80 Employees

Eighty employees were laid off from the Princess Hotel and Casino in Belize City due to increased operational costs.

Business August 2, 2006

S.O.S. from Musa to Bondholders

The Government of Belize announced it can no longer meet its sovereign debt obligations and will begin consultations with bondholders for debt re-profiling.

Business August 2, 2006