Today, the Diabetes Association was gifted with a donation valued at a little over three thousand dollars. Tropigas has partnered with the association before, so when the association went calling for help Tropigas answered in a big and meaningful way. News Five was at the handing over ceremony today. Andrea Polanco, Reporting The Belize […]
A formal announcement confirmed on Monday that CIBC FirstCaribbean’s local assets were being acquired by Heritage Bank Limited, a move that will change the banking landscape locally. But the acquisition remains open pending approval by the Central Banks of Belize and Barbados. As FICB’s executives from Barbados met with staff from all branches to deliver […]
But will the transfer of FirstCaribbean’s assets affect its existing clients and what does the sale mean for the banking sector? That’s what we asked Central Bank Governor, Glen Ysaguirre, earlier today. He says that he has been assured by both parties that the transition will be seamless. Unfortunately, the same cannot be said for […]
The purchase of FirstCaribbean’s resources sets the stage for Heritage Bank to expand its operations across the country and with that growth comes a need for additional human resources. According to Ysaguirre, the changeover should hopefully see minimal displacement of FirstCaribbean’s present staff. Glenford Ysaguirre, Governor, Central Bank “With regards to the employees though, […]
There is other news in the financial sector which is also affecting banking transactions overseas in the offshore industry. Atlantic International Bank, which formally severed ties with Bank of America last Thursday, is still without a correspondent bank. As we reported recently, despite marked improvement in compliance with banking regulations, U.S and European correspondent banks […]
The recovery effort to retrieve the lifeless body of ten-year-old Jason Pau from the Ho’Keb’ Ha Cave in Blue Creek Village resumed earlier today with a dive team descending into the waters below in search of the missing child. Pau disappeared on Friday evening while touring the cave system with a group of American Missionaries. […]
The Belize Chamber of Commerce and Industry and the Development Finance Corporation signed a Memorandum of Understanding earlier today. The mutual partnership will see both organizations strengthening their respective services to members and clients through access to shared resources. While the DFC is primarily a commercial lending institution, the alliance will allow for facilitation and […]
The partnership, Aikman says, will allow the Chamber to expand its reach across the country. Kim Aikman, C.E.O., Belize Chamber of Commerce & Industry “They will also assist the BCCI secretariat with logistical support for regional meetings. As I said, we are trying to expand our reach throughout the country. The DFC will help […]
Over the weekend, the Belize Tourism Board held its annual tourism awards in San Pedro. The event honored hotels and resorts, as well as individuals who have excelled within the industry. But the event was also used to celebrate the fiftieth anniversary of tourism in Belize, specifically San Pedro where the first hotel, the Holiday […]
A recovery operation to retrieve the body of ten-year-old Jason Pau from the Ho’keb’ Ha Cave in Blue Creek Village remains open, following the disappearance of the minor on Friday evening in the Toledo District. Pau was in the company of a group of American missionaries on a tour of the system when he was […]
Since her termination as general manager of the beleaguered La Inmaculada Credit Union on July twenty-seventh, erstwhile head of operations Yolanda Gomez has broken her silence on the issues that are clouding the lending institution. The membership of the credit union has been clamoring for answers on her termination and other matters, which the credit […]
To coincide with the fiftieth anniversary of tourism in San Pedro, the 2015 Tourism Industry Conference was held in the prime tourism destination. On Saturday, the Fido’s Courtyard was the venue for one of the biggest events on the tourism calendar. It’s essentially an event where the Belize Tourism Board issues its report card on […]
Karen Bevans has been with the B.T.B. for the past sixteen months, following her departure from Belize Telemedia Limited as Chief Operations Officer. She was brought in after the resignation of Laura Esquivel Frampton as Tourism Director. There was a report that expenditure of the marketing budget had ballooned. So what is the current status […]
The National Tourism Awards was the highlight of the weekend out in San Pedro. Following the tourism industry conference at Fido’s courtyard, stakeholders in the industry were recognized at the glitzy thirteenth award ceremony. Eleven stakeholders made the cut while several others were recognized for their excellence in the industry. Duane Moody reports. Duane […]
Cardiovascular disease is the number one cause of death in Belize according to recent figures from the Ministry of Health. The Karl Heusner Memorial Hospital has been providing treatment for heart diseases since 2012; today it held a free clinic for patients requiring cardiovascular treatment. But it was not held at the national referral hospital; […]
The last time the Belize Territorial Volunteers went near the Sarstoon River, thirty-seven of them in a skiff were detained by Guatemalan military and taken to Livingston. The incident happened way back in March, but it is still very much a source of frustration for those Belizeans who maintain that they were taken against their […]
De la Fuente says the silence from Belize’s authorities is frustrating because they were given a compilation of footage from the Livingston incident which clearly shows the thirty-seven Belizeans were taken against their will. Phillip de la Fuente, Northern Territorial Volunteers “You know in this day and age everybody has their tablet and phone […]
The Belize Sugar Cane Farmers Association has received the acceptance of their proposed corrective measures to non-compliances cited by Fairtrade auditors last month. Last year the largest cane-farmer’s association was cited for four major non-compliances, but this year the results of the audit are much more positive. Chairman of the B.S.C.F.A.’s Committee of Management Ezekiel […]
There is some measure of relief from the positive news coming out of Fairtrade. In December 2014, faced with terrible financial woes because of a crop delayed by hostile negotiations with ASR, farmers drew down on millions in Fairtrade monies already allocated for special projects. That move caused no end of concern for B.S.C.F.A. representatives […]
What is the fate of the controversial Puerto Azul development project? It’s a question that’s difficult even for Minister of Tourism Manuel Heredia to answer directly. That is because there hasn’t been much by way of communication between the investors and the ministry. Despite the ongoing process of environmental clearances, Heredia says there isn’t much […]
A closing ceremony was held today to commemorate a programme that helped over fifty young people to receive job training and summer employment. It is an initiative under the Department of Youth Services that seeks to develop professional skills and help students earn during their vacation. News Five stopped in at the closing event and […]
Minister of State Edmund ‘Clear the Land’ Castro is hard pay. That’s what whistleblower Alvarene Burgess seems to think. After all, it has been almost a month since the junior minister abruptly withdrew a defamation suit against Burgess and Great Belize Productions/Channel Five in the Supreme Court. Castro took Burgess and this station to court […]
According to Burgess, further legal action against the disgraced politician will only expose more of his involvement in the visa hustle. Isani Cayetano “Now, in terms of further legal action, you’re saying that you’re seeking advice as to whether or not maybe a civil suit will force him to either have to pay up […]
There is a volcanic situation at the La Inmaculada Credit Union in Orange Walk Town which is threatening to erupt. At one end of an ongoing dispute is the Board of Directors of the LICU. At the other end are many long-time members of the prestigious institution. And in the middle is Yolanda Gomez, the […]
For some time now, community policing is a strategy that has been advanced by the Eastern Division of the Belize Police Department throughout the city. On Sunday, the South Regional Commander joined residents, primarily the youth, of the Mayflower to Ebony Street area at the Berger Field in Belize City for sporting activities. Well since […]
