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Western Union introduces new business service

It’s not for everyone but beginning on Tuesday, Western Union’s new “Quick Pay” will mean Belizean businesses can get their money transfers faster and with fewer hassles. With the new payment system, businesses can receive money from individuals all over the world the day after the payment is made. Danette Burns, Western Union “When we […]

Labour Department hosts regional conference

The public sector has been the object of numerous complaints for lack of professionalism and backlog of work but we hardly get to hear their side of the story. For the past two days, personnel from the Ministry of Labour have been looking at modernizing during a seminar at the Belize Biltmore Plaza. But while […]

Y2K Council launches public awareness campaign

In an effort to allay fears about the Y2K computer bug and its possible effects on Belize this January 1st, the National Y2K Council of Belize has embarked on a public awareness campaign. Today they met at the Radisson Fort George to tell the public what steps have been taken to make Belize Y2K compliant. […]

US announces this year’s sugar quota

The US Embassy in Belize today announced the annual sugar quota for Belize. Its down from last year, but the Embassy says thirty-eight other countries which enjoy the preferential prices under the quota system all got a slight reduction, except Mexico which has a fixed amount due to the North American Free Trade Agreement. No […]

Fuel prices go up

If you own a car or truck you may want to fill up your tank tonight because on Thursday gasoline and diesel prices go up. The government announced the increase on Tuesday night saying fuel acquisition prices have steadily increased over the past several months and although government had been keeping the price at the […]

Canadian company buys additional B.E.L. shares

On Monday night’s newscast we reported that while government had sold the bulk of its shares in Belize Electricity Limited to a Canadian company, Fortis Incorporated, it was also likely that Fortis would buy the additional block of shares owned by Carlisle Holdings, a company controlled by Ambassador Michael Ashcroft. So said so done. Today […]

Tropic Air celebrates twentieth anniversary

In 1979, Tropic Air was a one-airplane charter company offering service between San Pedro and the international airport. Twenty years later the airline has a nine aircraft fleet with daily service to every district and flights to Guatemala. Today, the company celebrated their anniversary with an open house at its headquarters and branch offices. The […]

Fourteen hundred purchase shares in B.E.L.

Last week the government announced that it had successfully sold its remaining shares in Belize Electricity Limited. Today News Five learned that around fourteen hundred Belizean organizations and individuals took advantage of the twenty-one day offering with the three largest purchases made by Belize Sugar Industries, the Development Finance Corporation and the Holy Redeemer Credit […]

Canadian company buys into B.E.L.

In September, the government announced the sale of its shares in the Belize Electricity Limited. For twenty-one days, the Belizean public could buy into the company. Local bidding closed on October fourth, while internationally, bidding closed on October eight. In a press release today, the government of Belize announced that one thousand, four hundred Belizeans, […]

Toyota Yaris hits Belize’s streets

Today a new set of wheels was introduced to Belize and the rest of the Caribbean as Toyota dealerships in the region presented the Toyota Yaris. Belize’s Toyota dealer, Pie Marin, is expecting the Yaris to receive rave reviews and starting today, is offering free test-drives to interested Belizeans. News Five’s Janelle Chanona jumped in […]

Belizeans invited to expo in Guatemala

Belizean businesses are being invited to come and observe a trade show in Guatemala at the end of the month in the hopes that when the next Interfer takes place, Belize will be ready to participate. A representative from the Guatemalan export commission met this week with the Belize Chamber of Commerce, the Belize Business […]

Minister Fonseca urges private sector to invest in Belize

The meeting was called by the Chamber of Commerce on short notice but that didn’t stop an overflow crowd from jamming the Radisson’s Santa Rita room for a chance to hear the latest from the man who knows the most about Belize’s economy. Speaking without a prepared text Minister of Budget Planning and Economic Development […]

European papaya market looks promising

Belize’s papaya farmers met with potential European importers today in Belmopan. Importers from the United Kingdom, the Netherlands, Germany, and Belgium indicated they would be in a position to accept four hundred thousand pounds of fruit per week. To meet this demand, the farmers would have to increase cultivation by eight hundred forty-eight acres. At […]

Union pickets B.E.L.

There was high tension today at B.E.L. when workers marched in front of the Barrack Road Office in an attempt to get management’s attention and some public sympathy. The reason for the noontime picket? Employees say what’s good for management is good for the rank and file and they want payment for their years of […]

BIM assists local producers meet international standards

Belizean producers are being encouraged to find new markets for their products and improve quality. The Belize Institute of Management, BIM, under its Trade Promotion and Business Development project, has been assisting local companies with a diverse range of products to compete with international products. Two more proposals have been approved for funding and technical […]

Chamber says Expo ’99 huge success

Whether you were looking for something to decorate your home, complete your grocery list or fill your stomach there was something for everyone at the Chamber of Commerce’s Expo ’99 this weekend. Sixty-five businesses were represented at the two-day annual event which highlights Belizean products and services. Thousands took advantage of the various give-a-ways and […]

Chamber hosts Expo at S.J.C.

This weekend, nearly seventy businesses from all over Belize will participate in the annual Expo, sponsored by the Belize Chamber of Commerce and Industry. Most of the businesses took time out today to set up at the St. John’s College Gym. Despite the dreary weather forecast, the Belize Chamber of Commerce says the show will […]

Hydro plant changes ownership

The Belize Electric Company Limited, better known as BECOL, today has a new owner. The company, which operates the Mollejon Hydro Plant and supplies Belize with the majority of its electrical power, was 95 percent owned by Virginia based Dominion Resources Incorporated. That company has now sold its interest in BECOL to Duke Energy Corporation […]

Smuggling and e-commerce, subjects of tax conference

The largest association of tax administrators in the world is meeting in Belize this week. The delegates from Commonwealth countries throughout the world met at the Belize Biltmore Plaza this morning for opening ceremonies and a welcome from Minister of Economic Development Ralph Fonseca. The Executive Director of CATA says the meeting of managers and […]

Novelo’s introduces luxury bus service

Thirty years ago, David Novelo Sr. began a brand new bus service in Belize. Over the years the company has grown and this weekend, his four sons and daughter were proud to carry on the tradition by introducing two luxury line Mercedes Benz buses. They will begin running along the nation’s highways in the next […]

Belize Foods purchased by C.D.C.

The Commonwealth Development Corporation has completed its layout of Belize’s citrus processing industry with the purchase of Belize Foods Ltd. The British based company, which had previously purchased the Citrus Company of Belize, also owns Barton Creek Farms and a large citrus plantation near Big Falls, Toledo. In recent years the rapidly expanding citrus industry […]

B.T.L. says fiber optic cable system has backup system

In previous newscasts, we highlighted the problems Trinidad and Tobago has been having with sabotaged fiber optic cables. The cuts to the cable affected their airline computers, communication with the air traffic control tower, bank transactions and private phone lines. Could Belize’s fiber optic cables, B.T.L.’s main link to voice, data, television waves and other […]

Small hotels get resource center

The Belize Tourism Board has a number of programs underway as part of the OAS funded Small Hotel Assistance Project and the Tourism, Attitudes and Awareness Project. Today during a ceremony at B.T.I.A., the Belize Hotel Association received computer equipment for a Technological Centre to provide Internet access to small hotel owners. Teresa Parkey, President, […]

B.T.L. to change billing system

B.T.L. will be using a new billing system beginning next month, but customers won’t see the new format until October. This morning the company presented the details of what they say will be easier for customers and the company at the Radisson Fort George Hotel. The new Account Billing System will have B.T.L. customers receiving […]

Red Lobster executives visit coop.

If you didn’t know it before, some of those luscious lobsters we see on television commercials might just be from Belize. That’s right, about 95% of the lobsters caught in Belize end up in a Red Lobster Restaurant. Today the president and some of the top executives of the Red Lobster chain were in Belize […]