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Diaspora Meetings Continue: This Time LA and Las Vegas

The Ministry of Tourism and Diaspora Relations recently completed town hall meetings in both Los Angeles and Las Vegas. With an ever increasing population of Belizeans in the Diaspora, C.E.O. Nicole Solano told News Five the meetings look at a range of issues and are a chance to maintain connections.   Nicole Solano, C.E.O., Ministry […]

B.T.B. Attends Dallas Travel and Adventure Show

The Ministry of Tourism continues to market Belize as a travel destination on the international market. Most recently, the Belize Tourism Board represented the country at the Dallas Travel and Adventure Show. B.T.B. Representatives shared updates of Belize’s entry requirements and met with agents and potential visitors. C.E.O. Solano says keeping Belize on people’s minds […]

Belize’s Blue Bond Transaction Wins Two Awards

Belize’s Blue Bond, which replaced the Super Bond and was flagged from the onset for its novelty has won two awards. The award for innovation was recorded under two categories. The first being Bond Structure Sustainability and the other is the Sovereign Sustainability bond. According to Minister of State in Finance Christopher Coye, the three […]

The Blue Bond Awards Is a Big Deal Internationally, Coye Says

The successful Blue Bond transaction placed Belize in much better standing with its external debt. Coye says that on the global scene, this means a lot for Belize.   Christopher Coye, Minister of State “This award is the only instance in which this Blue Bond is gaining recognition. We also have – I think this […]

Bus Fares to Increase in Mid-April

If you ride the bus, you will need to budget a little extra for your tickets come April fifteenth. That is when a fare increase comes into effect. The Ministry of Transport and bus operators are still trying to finalize the exact amount of the increases following a meeting on Wednesday in Belmopan. Minister of […]

G.O.B. Cuts Fuel Taxes to Try and Manage the Cost to Consumers

Here’s an update on what the government is doing to deal with the rise in fuel prices. Today the Ministry of Finance announced that effective April first, the regulated pump price of diesel remains at thirteen dollars and forty-one cents per gallon in Belize City. Prices are higher in the districts due to transportation costs. According to […]

Cabinet Denounces Child Labor, Looks at Social Security Contributions for the B.D.F. and Fuel Price Subsidies

In this week’s news from Cabinet, the Prime Minister and his ministers looked at the recent allegations of child labor and trafficking offences and underscored their commitment to fighting all forms of exploitation. Cabinet also instructed that there be full collaboration among ministries in this regard. To help alleviate the burden on motorists and businesses, the […]

Government Senators Explain Amendment to rates on Income and Business Tax

During the morning session on Wednesday’s Senate’s Budget debate, U.D.P.’s Orson Elrington was sworn in as a temporary senator, in place of Senator Mike Peyrefitte. Leader of Government Business, Senators Eamon Courtenay, and Senator Christopher Coye rose to speak on the proposed amendment to the rates of taxes on the Ninth Schedule of the Income […]

The Rationale behind the Proposed Amendment to Income and Business Tax Rates

At Wednesday’s Senate meeting, Senator Coye went on to explain the rationale behind the proposed amendment to the rates on Income and Business Tax.   Senator Christopher Coye, Minister of State “What we have noted is that in the banking system, in particular, we have excess liquidity in excess of seven hundred and seventy dollars […]

New Longer Shelf Life Milk Launched in Spanish Lookout

Today, history was made in Spanish Lookout. An ultra high temperature processing plant was officially inaugurated in Belize and will allow for the local dairy production industry to further develop. Agro-producers and high level government officials including Prime Minister John Briceño was present for the momentous occasion. News Five’s Duane Moody files this report.   […]

Potato Shortage & No Fries to be Found

If you’ve been unable to get fries with your fast food and it is being substituted with fried rice, it’s because there is a shortage of imported fries. Today, Agriculture Minister Jose Abelardo Mai confirmed this with the media and also said that there has been a shortage of local produce itself in Belize due […]

A Proposed Cap on Fuel Prices at the Pumps

Fuel prices are at a record high at the pumps, threatening the livelihoods of many. The cost of living is going up even higher with sixty percent of the country already in poverty even before COVID. There is need for relief and G.O.B. has been in dialogue with private and public sector leaders to determine […]

Conflict of Interest with Minister of State Chris Coye

There is a report of alleged conflict of interest being made against Minister of State in the Ministry of Finance, Chris Coye. The information is that Coye and another minister have acquired a license from Phoenix Capital Limited and are operating in the banking sector in Belize in a limited capacity. The banking license was […]

Sen. Courtenay: “Prudent Stewardship” by G.O.B.

The Senate met today to debate the National Budget that was presented and debated last week. In his presentation, the Leader of Government Business, Senator Eamon Courtenay described the government’s performance during the last financial year “prudent stewardship.” Senator Eamon Courtenay, Leader of Government Business “Government’s revenue, grants and capital revenue outperformed estimates. The projected […]

Senator Bradley Questions Spending…

While Senator Bradley acknowledged the government’s efforts to cut back on spending, he highlighted a few areas where he thinks the outlay is still excessive, particularly in terms of salaries. Darrell Bradley, UDP Senator “We’re still, in my humble opinion, overspending when we need not be. I will just mention a few references. Page sixty […]

Senator Bradley: Services Have to Be Worth the Money

Senator Bradley also noted several areas where he believes G.O.B. is not getting value for money in the new budget, especially since the wage bill has actually increased, rather than gone down, by thirty million dollars. Darrell Bradley, U.D.P. Senator “I went through the Prime Minister’s Budget speech in detail and I noticed certain things […]

Senator Courtenay Calls Agriculture Sector “Robust”

The nation’s agriculture sector has contributed to an eleven point two percent primary sector growth over the past year. The successful rebound of the economy, in the view of Senator Courtenay, is fueled by the performance primarily of the tourism and agriculture sectors. The government, he said, is expanding the agriculture industry further.   Senator […]

Minister Addresses Rising Food Prices

Rising food prices, especially on imported goods, has become a topic of widespread concern. Today the Minister of Agriculture Jose Mai, who is also responsible for the portfolio of Food Security, appeared on Channel Five’s Open Your Eyes. He says the problem has multiple causes, but there is price gouging compounding the other challenges.   […]

Price Gouging is “Unfair” To Consumers; Ticketing System Coming for Shops Breaking the Law

Minister Mai also said that any establishment that is price gouging is compounding the inflation already being felt and treating Belizean consumers unfairly. He is taking a proposal to Cabinet to go after these merchants. In the meantime, he says any shop that does not have prices of controlled goods listed on the wall is […]

Minister Warns Businesses of Consequences of Price Gouging

Following his appearance on Open your Eyes, Minister Mai made a virtual presentation at the opening ceremony of the Food and Agricultural Organization Regional Conference for Latin America and the Caribbean. He also attended the launch in Spanish Lookout for the U.H.T. milk where he gave further details on the measures being taken to address […]

Belize Introduces the Garifuna Trail, A Complete Cultural Experience

Members of the Belize Tourism Board, in partnership with the Caribbean Tourism Organization, traveled south to Dangriga this morning where they formally launched the Garifuna Trail, a community-based tourism initiative to promote economic growth. The project will focus on bringing together all the elements of the Garifuna culture to be marketed as one, unique Belizean […]

National Trade Negotiation Commission Meets

The National Trade Negotiation Commission convened on Friday under the chairmanship of Ambassador Amalia Mai, C.E.O. in the Ministry of Foreign Affairs and Foreign Trade, and Emile Mena, private sector representative. The commission was updated on the outcome of the second round of ongoing negotiations with Guatemala to expand the Belize-Guatemala Partial Scope Agreement. Preparations […]

G.O.B. Invests $2.9M in L.I.U. and Life Skills Programs

The work of the Ministry of Home Affairs in addressing the root causes of gang violence has seen the establishment of the Leadership Intervention Unit. It has also seen the creation of other programs that are aimed at getting at-risk youths off the streets and enrolled in academic and life skills training sessions. During his […]

“Historic Year” as Cattle Shipments to Mexico Continue

A Mexican meat company signed an M.O.U. with the Government of Belize to purchase local cattle on a weekly basis. On Tuesday members of Cabinet attended a cattle export ceremony in the Shipyard community. On that day the Mexican meat company imported two hundred and sixty six heads of cattle into Mexico. It is the […]

More Cattle Ranchers than Cane Farmers in Belize

Approximately five thousand, six hundred cattle ranchers are operating across the country. In fact, cattle farmers now outnumber sugar cane farmers. The majority are small farmers whose livelihood depends on the trade. But, as these farmers begin to expand their stock, Abelardo Mai, the Minister of Agriculture says climate change is real and expansion must […]