BTL Board Meeting Postponed
The BTL board meeting has been postponed due to the absence of key directors, affecting the sale of shares to E-com.
The BTL board meeting has been postponed due to the absence of key directors, affecting the sale of shares to E-com.
Belize's GDP increased by 5.9% while inflation rose to 3%, with unemployment showing a slight decrease.
Jeffrey Prosser is suing the government for US$24 million while a U.S. judge continues to impose daily fines for contempt of court.
Cane farmers and Cabinet ministers met to discuss the impact of a 39% price cut for Belize's sugar on the European market.
The Peseros at the Santa Elena Border will be replaced by commercial banks for currency exchange starting July 11th as part of a formalization effort.
the investigation reveals that E-com, presented as a charitable trust, is actually owned by companies registered in the British Virgin Islands linked to Michael Ashcroft.
Belize will benefit from cheaper gas prices through a new agreement with Venezuela that eliminates middlemen in the supply chain.
The Casas de Cambio experiment has ended after being deemed a failure by the IMF and IDB, forcing currency seekers to use commercial banks.
Butane gas prices have increased to $85 for a 100 pound cylinder in the city, up $5 from three weeks ago.
Michael Ashcroft claims E-com is owned by a charitable trust aimed at alleviating poverty, amid ongoing debates about its ownership and control.
Jeff Prosser and ICC are demanding US$200 million from the Government of Belize for alleged wrongful acts regarding Belize Telecom.
E-com seeks to reduce its share purchase of BTL from 12.5% to 10% to avoid legal complications.
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