Belize - Belize News - Channel5Belize.com - Great Belize Productions - Belize Breaking News
Home » Economy Featured People & Places You are currently browsing entries filed in: Economy Featured People & Places

Government to open National Bank of Belize Limited

Prime Minister Dean Barrow had a lot to say on Monday in his hour and half presentation…some of it positive and some of it not so positive. One particular item which falls into the ‘positive’ category is the National Bank of Belize Limited. The P.M. says the bank already has a Board of Directors, a […]

BIL! The P.M. claims it’s not a hustle

And while news of the National Bank of Belize Limited was met with cheers, the P.M.’s special vehicle, Belize Infrastructure Limited, not so affectionately known as BIL, hasn’t met such a warm reception. It’s been called a vehicle created for the purpose of hustling, and everybody from the Chamber to the unions have raised eyebrows […]

Quality of oil found is not light sweet crude

In late March, there was the announcement of a showing of oil in the Orange Walk district, and a statement that testing to determine if it was commercial would take somewhere in the region of two weeks. So there was speculation of an oil bonanza announcement. But there wasn’t at the P.M.’s press conference since […]

Territorial Volunteers plant trees at Gracias a Dios

Just before news time, we received word that the Belize Territorial Volunteers had returned from a successful expedition to the border marker at Gracias a Dios in the far south of Belize. The trip was timed with the signing of the April thirtieth 1859 Anglo-Guatemalan Treaty, and as on all expeditions to the border by […]

P.U.P. says intimidation and victimization concerning Auditor General’s Report

The Auditor-General’s Report 2010-2011 was damning. It was full of phrases like disregard for regulations, procedures and accountability; inadequate records management, deficient management and unsatisfactory accounting for government assets. In fact, Auditor-General Dorothy Bradley goes so far as to say she could not form a concrete opinion from the audit because of a lack of […]

National football team has new coach and attention of FOX Sports

The Football Federation of Belize had some success with Costa Rican Coach Leroy Sherrier. But Sherrier left the country and the team amidst plans for the upcoming Gold Cup Games to be played in July in the United States. That left hopefuls for the team and the F.F.B. scrambling to find a suitable replacement. Today, […]

PM says no Referendum on ICJ

Turning to other main stories for the day… There will be no Belize/Guatemala referendum on October sixth, 2013. That revelation, and comments on various other issues, was made during a media brief by Prime Minister Dean Barrow which lasted almost an hour and a half. The forum was his quarterly press conference, and during the […]

PM discuss Guatemala passport with UN Secretary-General

The backdrop for the referendum discussions was a bilateral meeting held between Belize and Guatemala in Haiti on Thursday, but even before that, Prime Minister Dean Barrow says he presented Belize’s case to the Secretary-General of the United Nations Ban Ki-Moon during a meeting in New York. Chief on the agenda of that discussion were […]

PM talks about Rosewood sale to Vega

German Ignacio Vega has been in the news lately much more than his brother, the high-profile Deputy Prime Minister Gaspar Vega. That’s because German Vega is the principal for GIV Enterprises, which has been linked to illegal rosewood harvesting in the past, and most recently has been named the exporter of choice for all of […]

VOIP now a reality for Belize

The legalization of Voice Over Internet Protocol (VOIP) has made the rounds from fiery debate topic to political promise at election time. VOIP allows internet users to access web-based phone services like SKYPE and Vonage to make international calls at little or no cost. It’s no wonder why telecommunications provider Belize Telemedia Limited has avoided […]

Supreme Court Justice Oswell Legall to leave the bench

Supreme Court Justice Oswell Legall handed down two landmark rulings in the past two weeks, and both were against the government of Belize. In the first, he found that six production sharing agreements were null and void because no Environmental Impact Assessments were carried out previous to the awarding of contracts. He also ruled that […]

City Hall and Undertaker still at odds despite court ruling

The dead will sleep, but it seems that the fight between undertakers and Belize City Council will not rest anytime soon. Earlier in the year, City Hall attempted to streamline its services at the Lord Ridge and Eternal Garden cemeteries but that meant that undertakers would lose some of the services they offered. David Coye, […]

K.H.M.H. says former security guards claims are questionable

Several former Karl Heusner Memorial Hospital Security Guards have alleged that the institution owes them for overtime. The K.H.M.H. sent out a press release late this evening stating that all legitimate outstanding claims by former employees were settled at the time of their redundancy in March, 2013. The release goes on to say that in […]

Who does PM want for Caribbean Shores?

By now it’s no secret that Belize City Mayor Darrell Bradley has his eyes set on the Caribbean Shores political division, and he wants in sooner rather than later. It’s not a stretch to say that the Mayor has gotten more done in a little over a year than any of his predecessors; and it […]

The Prince and Little Iguana Caye’s unsanctioned development

Officials of the Department of the Environment were in San Pedro Ambergris Caye this week to assess dredging activities taking place near the San Pedro Marina Channel for which a stop order was imposed. While conducting site inspection, they ran into another development project; this one located at Little Iguana Caye also off San Pedro. […]

Oil company folds on operation and moves to another

The Prime Minister will be having a press conference on Monday at which time information may be forthcoming on whether or not the oil find by Maranco Energy Belize Limited is deemed to be in commercial quantities. But tonight there is information of another company that has been exploring in Northwest Belize near the Rio […]

To Aguas Turbias and beyond; Territorial Volunteers on the road again

The northern component of the Belizean Territorial Volunteers, led by Orlando de la Fuente, will be heading to the border this Saturday; destination is the border marker at Aguas Turbias, which is the intersection point of the Mexican, Belizean and Guatemalan borders. The trek will lead first to the Belizean/Mexican frontier and from there south […]

Holy War in Chief Justice chambers; Church defends against UNIBAM

On May seventh, the landmark case on the constitutionality of section fifty-three of the Criminal Code gets underway before Chief Justice Kenneth Benjamin. Section fifty-three states that persons who engage in carnal knowledge against the order of nature shall be liable to imprisonment for ten years. It is a highly controversial case in which the […]

Fired K.H.M.H. Security Guards say they are owed overtime from 2011

In January of this year, the security staff of the K.H.M.H. was dismissed following a decision by the Board of Directors of the national referral hospital to outsource security services to a private company, SOS Security. At the time, the hospital claimed it was a cost-saving measure since tens of thousands of dollars were being […]

Who let the dog out? Brian Castillo

A Lord’s Bank resident has been slapped with quite an unusual charge; one that is not often reported in our newscast. Keeping an Unmuzzled Ferocious Dog at large is the charge that Brian Castillo is facing after two of his purebred dogs mauled his neighbor’s pit bull to death. Around eleven a.m. on Sunday, forty-eight […]

Numerous works from hardest working mayor causing traffic jam?

If in the past few months you’ve been unfortunate enough to be in a vehicle on the Northern Highway between the Haulover Bridge and the city anytime between the hours of seven am and eight thirty, then you’ve been a victim of the incredibly frustrating traffic congestion. It’s been bad for the past months, but […]

Belize Zoo’s April, the tapir celebrates a milestone

To many of you watching this, the news that a new Miss Belize was crowned today will come as a big surprise. The venue was the Belize Zoo and Education Center and the occasion was a very special one – the thirtieth birthday of a celebrity who over the years has become the face of […]

A Call to Worship

There will be a massive congregation of the faithful from all denominations on Saturday in Belize City. It’s a Call to Worship…a night devoted to God which coordinators say has outgrown and exceeded all its expectations since it first started five years ago. Today, Director of the Call to Worship Committee, Althea Garbutt, visited our […]

Don’t hate me for being wealthy, Italian busted for excess cash

Authorities in San Pedro Town temporarily detained, charged and then fined a European national after he failed to declare over twenty-two thousand U.S. dollars in cash.  On Wednesday, Customs Officials, Immigration and San Pedro Police carried out a joint operation and detained thirty-five year old Antonio Velardo, an Italian national and forty-seven year old Levente […]

Dredging on Ambergris Caye stopped

An unsanctioned development project that threatens the environment on Little Iguana Caye in the Bacalar Chico area of San Pedro, Ambergris Caye has been discovered by authorities. The Department of the Environment and other government agencies have moved swiftly to halt that project by U.S. investors because the requirement process in respect of EIAs and […]