Business

Business April 3, 2006

BTL Wants to Shut Down VOIP

BTL is blocking access to VOIP services like Skype and Vonage, prompting regulatory intervention from the Public Utilities Commission.

Business April 3, 2006

BWS Wants 8.7% Increase in Water Rates

BWS has applied for an 8.7% increase in water rates due to rising operational costs, with public comments invited before the PUC's decision.

Business March 30, 2006

Chamber & BELTRAIDE's Economic Confidence in Guatemala

The Belize Chamber of Commerce and BELTRAIDE are enhancing trade cooperation with Guatemala through a mutual agreement aimed at improving cross-border commercial exchanges.

Business March 30, 2006

Port Authority Shuts Down Friday Nights at Iguana-Rana

Iguana Rana will close on Friday nights due to security concerns raised by the Port Authority regarding its operation in the tourism village.

Business March 30, 2006

BNE Will Finance GOB's 10% in Oil Company

Belize Natural Energy will finance the government's purchase of 10% equity in the oil company interest free.

Business March 29, 2006

Data Pro, BTL, Ladyville Police, 60 ACs & Ben Lo

Benjamin Lo is trying to retrieve 60 air conditioning units from Ladyville Police after a complex transaction involving Data Pro and BTL.

Business March 28, 2006

GOB Wants 50% of Oil Revenues

The government has settled a dispute with Belize Natural Energy Limited and aims to secure 50% of oil revenues from the Mike Usher Oil Field.

Business March 27, 2006

GOB Orders Oil Explorers to Halt Production!

The government has ordered Belize Natural Energy to halt oil production following a dispute over financing a 10% equity purchase.

Business March 23, 2006

It's Official: Commercial Quantity of Oil in Belize

Belize Natural Energy announced the discovery of oil in commercial quantities in Spanish Lookout, with significant implications for the country's energy self-sufficiency.

Business March 22, 2006

Central Bank Gov.: Airport Is Breaking the Law

The Central Bank Governor criticized the airport's practice of charging departure fees in U.S. dollars, stating it is against Belizean law.

Business March 20, 2006

San Pedrano Wins LOTTO Jackpot

Ernesto James Azueta won a $77,000 lotto jackpot after playing the same numbers for two years, which represent his family's birth dates.

Business March 15, 2006

Battling for the Tourism Dollar in Burrell Boom

Burrell Boom Village faces conflict as local vendors accuse Judith Fuller of blocking their sales to protect her tourism business.