Home » Economy
You are currently browsing entries filed in: Economy
James Brodie and Company Limited invited primary school principals to the launch of its Milo School Start Program. Today the program, which is part sales promotion, part school fundraiser, is targeting students between the ages of six and fifteen. For every six Milo labels the school gets a dollar for its programs. Victor Guerrero, the […]
Written on May 7, 1999 | Posted in
Economy |
No comment
It was launched with great fanfare several years ago and seemed like the perfect marketing strategy for Belize, but the Mundo Maya concept somehow just never caught on. This despite the fact that Belize is currently the site of the Regional Secretariat. But not to be defeated by past inaction, a group of people from […]
Written on May 6, 1999 | Posted in
Economy |
No comment
Getting tourists to visit your country is the goal of every good tourist board, but what if people don’t even know where your country is? Well the Belize Tourism Board wants to increase awareness of Belize’s location and all the wonderful things we have to offer. With a marketing budget of over two million dollars […]
Written on May 5, 1999 | Posted in
Economy |
No comment
The Lauren Duty Free Store has been a part of the Philip S.W. Goldson International Airport since 1989, but on Friday one of the duty free stores was closed down, its contents packed up and put in containers without any of its staff being present. The Belize Airports Authority says it was forced to take […]
Written on May 3, 1999 | Posted in
Economy |
No comment
A new boat built in Belize has been launched today: the Eco Jet 18. According to owner of Eco Craft Limited, Stephen Thompson the boat is one of a kind and every Belizean should be proud of what is made in Belize. Stephen Thompson, Eco Craft Limited “It’s an eighteen-foot, single logged, mahogany built round-about […]
Written on April 30, 1999 | Posted in
Economy |
No comment
Their logo depicts a man being sheltered from the rain by an umbrella. A simple symbol to illustrate the need to save for a rainy day. The Holy Redeemer Credit Union is celebrating over a hundred million in assets, but the woman who helps many make it through life’s little storms told members last night […]
Written on April 29, 1999 | Posted in
Economy |
No comment
On April sixteenth we reported on the imminent departure of the “Princess II” a thirty-eight foot fiberglass boat built by Bradley’s Boatyard in Belize City. Today we are happy to report that the captain and crew landed safe and sound in the British Virgin Islands. The trip was not without its dangers, including eighteen foot […]
Written on April 26, 1999 | Posted in
Economy |
No comment
Regional leaders, including Belize’s Prime Minister Said Musa, have condemned the World Trade Organizations recent ruling on the banana trade as the “single most dangerous threat to the economies of the Caribbean’s banana exporting countries.” The leaders also called on the U.S. government to put an end to its trade embargo against Cuba. The statements […]
Written on April 19, 1999 | Posted in
Economy |
No comment
Officials of the Caribbean Development Bank today concluded a ten-day visit to Belize. The eleven-person team was led by acting C.D.B. Vice President Neville Grainger. Grainger and Minister of Economic Development Ralph Fonseca signed an aide memoire outlining broad areas of cooperation between the Bank and Belize. This will be followed within three months by […]
Written on April 16, 1999 | Posted in
Economy |
No comment
On Sunday afternoon a TACA 737 will make what is perhaps that airline’s last flight between Belize and Miami. Although TACA officials have stated that the suspension of service is only temporary and that flights will resume in June, many observers are skeptical about the air carrier, which over the last sixty years has transported […]
Written on April 16, 1999 | Posted in
Economy |
No comment
While Johnny Searle is caught in the difficult position of defending both TACA’s interests and his own, the Government of Belize is not so encumbered. Minister of Economic Development Ralph Fonseca, himself a member of the negotiating team that met with TACA officials, was clearly unhappy, both with the airline’s decision and the less than […]
Written on April 16, 1999 | Posted in
Economy |
No comment
You may recall that about three years ago Bradley’s Boatyard began exporting the Pelican 25 which helped the company to gain significant publicity abroad. Now Bradley’s has produced, The Princess II. The Princess II will be leaving our shores en route for the Virgin Islands this Saturday. It was presented this morning. Stephen Bradley “In […]
Written on April 16, 1999 | Posted in
Economy |
No comment
After sixty-five years as Belize’s major international air carrier TACA Airlines today announced that it will be abandoning its flagship daily run between Belize and Miami. The announcement, which had been rumored in aviation circles for several months, was made official this morning in a press release from Grupo TACA’s Communications Center in Guatemala City. […]
Written on April 15, 1999 | Posted in
Economy |
No comment
It may not sound like a big increase to those outside the industry, but the Belize Tourism Board and the Ministry of Tourism are celebrating a five point two percent increase in tourist arrivals for the month of March. According to the Ministry, the additional visitors are the result of their latest marketing campaign. News […]
Written on April 13, 1999 | Posted in
Economy |
No comment
It may not be the biggest or brightest, but for many people Ro-mac’s Supermarket on Albert Street remains the place of choice to fill the kitchen cupboard. Earlier this week, however, the forty-five year old business changed owners as it was purchased by the Santiago Castillo Group. News Five could not confirm the terms of […]
Written on April 7, 1999 | Posted in
Economy |
No comment
What if every store was having a sale but no one knew about it? Well, there is a sale of sorts on that you may not have noticed in your rush to buy your supplies for the long weekend. But after the holidays you may want to take a stroll down the aisles of your […]
Written on April 1, 1999 | Posted in
Economy |
No comment
Today B.T.L. announced the specifics of a rate reduction which will take effect April 1st. The plan includes lower national and international rates, longer economy periods and reduced rates for cellular phone installation and calls. On the national front, callers will see the biggest drop in charges for their calls to areas furthest away, in […]
Written on March 29, 1999 | Posted in
Economy |
No comment
As part of Tourism Week, the Belize Hotel Association will be holding a quarterly general meeting. One workshop at the meeting deals with Sales Tax and how it impacts the tourism industry. President Teresa Parkey told us how she believes the tax will affect B.H.A. members. Teresa Parkey, President, Belize Hotel Association “We’ve been fortunate […]
Written on March 24, 1999 | Posted in
Economy |
No comment
Capturing the imagination is a large part of luring visitors to any country. To make Belize more attractive, the Belize Tourism Board has commissioned a visual campaign, the results of which were unveiled this morning. The new country image and logo depict fascinating scenes of Belize and some of the activities that have been attracting […]
Written on March 23, 1999 | Posted in
Economy |
No comment
April first is the day the new Sales Tax comes into effect. In an effort to explain the new tax and changes to the Business and Income Taxes to its members, the Belize Business Bureau held a workshop this morning. Commissioner of Income Tax Geraldine Davis and Commissioner of Sales Tax Carmen Barrow made presentations […]
Written on March 22, 1999 | Posted in
Economy |
No comment
B.T.L. celebrated the completion of its switch modernization project in Belmopan today. The upgrade is part of a countrywide project which started in Belize City in 1998. B.T.L. says the D.M.S. 100 Super Node Switch runs on updated software and is the most up-to-date in the region. According to B.T.L., among the benefits of the […]
Written on March 22, 1999 | Posted in
Economy |
No comment
The volunteers were only in their village for a month, but what they leave behind will last for many years. Today News Five went to Rancho Dolores which is not only looking to enhance tourism, but to preserve its past in a new information center. Today, boys and girls of Rancho Dolores Primary School and […]
Written on March 17, 1999 | Posted in
Economy |
No comment
Promising to take the brakes off the economic train and get it moving again in a direction that will benefit all segments of the economy, today the Prime Minister presented the new budget to the House of Representatives. The budget strives for a balance between necessary belt tightening measures and tax breaks and public spending […]
Written on March 16, 1999 | Posted in
Economy |
No comment
There are three products which will be taxed at twelve percent. These are petroleum products, alcohol and tobacco. News Five asked the Prime Minister how the consumer will be able to determine if he is being charged a fair amount for products under the new tax since it is being charged at the point of […]
Written on March 16, 1999 | Posted in
Economy |
No comment
As was expected the Leader of the Opposition, Dean Barrow was not pleased at the removal of the VAT nor was he impressed by the new sales tax which he says is more of a duty than a tax. He told News Five that today’s announcement is not the fulfillment of a campaign promise, but […]
Written on March 16, 1999 | Posted in
Economy |
No comment