Prosser Says GOB Has Change for BTL
Prosser's ICC disputes financial figures from BTL's current management, highlighting issues with debts and license fees.
Prosser's ICC disputes financial figures from BTL's current management, highlighting issues with debts and license fees.
The Chalillo Dam construction is completed, doubling hydroelectric energy production in Belize and helping to offset rising oil costs.
BTL changed about US$95 million on the parallel market, with local businessman Dion Zabenah failing to deliver US$3 million as agreed.
the government and Social Security are lending $20 million to Michael Ashcroft's Sunshine Holdings Ltd under highly concessionary terms despite concerns from the Social Security Board.
Gaspar Aguilar claims he was following orders from the BTL Board regarding risky currency transactions that led to a $6.2 million loss.
A jeweler from San Ignacio won $102,500 in the LOTTO and plans to invest in her children's education and her jewelry business.
BTL's profit dropped to $1.9 million due to a $27 million write-off linked to former owner Jeff Prosser and former CEO Gaspar Aguilar.
butane prices have increased sharply, with a hundred pound cylinder now costing $91 in the city and varying prices across other towns.
BTL will release its financials tomorrow, indicating it may no longer be the most profitable company in Belize.
Gaspar Aguilar was fired from BTL amid an investigation into missing funds totaling at least $6 million.
The Belize Tourism Industry Association is losing control of the Marine Terminal to the Caye Caulker Water Taxi Association, impacting its revenue sources.
The Belize Tourism Board and partners signed a US$833,000 project to enhance capacity for micro and small businesses in the tourism industry.
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