Business

Business December 21, 2005

Oil Companies Want In...

Five new petroleum companies have applied to explore for oil in Spanish Lookout, prompting government plans to enhance the Office of Geology and Petroleum.

Business December 21, 2005

Marketing Board Rice Was Legal

Customs Department confiscated 3000 bags of rice from a Marketing Board warehouse, but preliminary findings suggest the rice was legally produced in Belize.

Business December 21, 2005

Novelo's Collapse: Commuters Clueless & 318 Workers Jobless

The collapse of Novelo's bus service left 318 employees jobless and commuters uncertain about transportation options as the Ministry of Transport activated a contingency plan.

Business December 20, 2005

Receiver Shuts Down Novelo's Bus!

Novelo's Bus has suspended operations due to financial losses and government actions, leaving 318 employees without jobs and commuters without service.

Business December 20, 2005

Fultec: CITCO To Blame for Driver License Shortage

The City Council's Department of Traffic is facing a shortage of driver's licenses due to a lack of cards, not software issues.

Business December 19, 2005

Atlantic Bank Wants Out of Novelo's

Atlantic Bank Limited has ceased support for Novelo's due to financial losses and unpaid debts, prompting the Ministry of Transport to prepare for a potential shutdown.

Business December 19, 2005

Who Will Control the Ports in Belize?

the private Port of Belize Limited is pushing the government to enforce its monopoly on general cargo shipments, conflicting with the Big Creek Port's license.