Business
GOB's Losing Bet in the Derivatives Market
the Government of Belize faces an estimated loss of $10 million from a failed derivatives investment involving a currency swap.
Business
Business
Port Workers Dissolve Pension Fund
Port of Belize Limited workers have successfully dissolved their pension fund after complaints about not being able to access their money.
Business
Altun Ha Vendors' Plea for More Time
Altun Ha vendors report a 50% drop in business and plead for more time for tourists to visit their stalls after tours.
Business
BTL Union: We Can't Find the Money for Shares!
The BTL union struggles to secure funding to purchase shares due to Belize's poor creditworthiness affecting investor confidence.
Business
BTL: We Won't Pay for Intelco
BTL denies assuming any liability for Intelco's debt despite Glenn Godfrey's claims during Senate hearings regarding Social Security's financial issues.
Business
The Redesigned Toyota Hilux
Toyota has redesigned the Hilux, which is now bigger, faster, and stronger, and has already sold out at local dealers in Belize.
Business
Moody's Negative Outlook for Belize
Moody's Investor Service has downgraded Belize's ratings to negative due to concerns over the government's financial management and ability to implement necessary adjustments.
Business
BTL's Wireless Hotspots
Belize Telecommunications Limited launched a new wireless internet hotspot service for tourists and travelers at The Great House Hotel and the airport.
Business
Fire Guts O/W Furniture Store
A fire at Loskot Hardware and Furniture in Orange Walk Town caused major damage to the store and its wooden sheds.
Business
Port Workers Want Out of Pension Plan
Port workers are demanding to opt out of a pension plan and have been promised refunds of their contributions next week.
Business
S&P Downgrade: Belize in Danger of Sovereign Default
Standard and Poor's downgraded Belize's foreign currency rating, indicating imminent danger of sovereign default despite government plans to restructure its debt.
Business
BTL Workers: No Money and No Time for Shares
BTL's Communication Workers' Union struggles to secure funding to purchase government-held shares amid a fiscal emergency and ongoing legal battles.
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