Home » Economy Environment People & Places
You are currently browsing entries filed in: Economy Environment People & Places
Commonwealth Youth Peace Ambassadors Network Belize and National Student Union of Belize have joined forces on a social media peace campaign during Commonwealth Week 2023. The campaign is aimed at raising awareness about the theme of Commonwealth Week 2023: “Forging Peaceful and Sustainable Common Futures”. The campaign also aims to encourage young people to engage […]
Written on March 14, 2023 | Posted in
Economy,
Environment,
People & Places |
Comments Off on CYPAN Belize and N.S.U.B. Joins Forces to Promote Peace on Commonwealth Week
The decomposing remains of twenty-one-year-old Freddy Chicas were discovered by a search party on Friday morning, in the vicinity of the Eight Mile Community along the George Price Highway. A missing person’s report had only been issued for the whereabouts of the Hattieville resident the night before; but, according to the family of the young […]
Written on March 13, 2023 | Posted in
Crime,
Featured,
People & Places |
Comments Off on Family Says Body Found is Freddy Chicas; Police Say No Official Confirmation
“Delivering on Plan Belize” is the title that Prime Minister John Briceño gave to his 2023/2024 Budget Speech. In his seventy-seven minutes oration on Friday inside the National Assembly, the PM touched on the external factors affecting Belize’s economy, developments in the financial sector, public debt, his administrator’s performance in 2022 and its projected performance […]
Written on March 13, 2023 | Posted in
Economy,
Featured,
People & Places |
Comments Off on Fiscal Year 2023/2024 Budget Speech: “Delivering on Plan Belize”
One of the high priority areas listed in the 2023 budget is land distribution. Prime Minister Briceño says that government is making a significant investment in the surveying of over eleven thousand parcels of land across the country that will be distributed to first-time land owners in 2023. He gave further details during his speech. […]
Written on March 13, 2023 | Posted in
Economy,
Environment,
People & Places |
Comments Off on 11,000 Parcels of Land to be Distributed to First Time Land Owners in 2023
Inside the House of Representatives, Prime Minister Briceño also spoke about the thirty million dollars lost in tax revenue from fuel in 2022. Outside of the House, reporters asked P.M. Briceño about his projections for 2023 where fuel is concerned and if Belizeans can expect to see the cost go down. Prime Minister John […]
Written on March 13, 2023 | Posted in
Economy,
People & Places |
Comments Off on Fuel Price Conversation in 2023 Fiscal Year
A freak accident just off the coast of Caye Caulker on Saturday afternoon has left a well-known fisherman dead. The grieving family is still trying to come to terms with what took place that resulted in Jose Castro’s fatal injuries. While the police department is conducting an investigation of its own, so is the Belize […]
Written on March 13, 2023 | Posted in
Disasters,
People & Places |
Comments Off on Boating Mishap in Caye Caulker Leaves a Fisherman Dead
Thirty-two-year-old Kriston Andre Smith, a former public officer, was arraigned today in connection with the burglary of the magistrate court’s building in the parking lot on Regent Street. The burglar may have been on a spree of break-ins prior to that incident, as he also appeared before the lower court today where he was arraigned […]
Written on March 13, 2023 | Posted in
Crime,
People & Places |
Comments Off on Kriston Smith Charged with Burglary of Magistrate Court Building
Tonight, a well-known criminal is once again behind bars for allegedly burglarizing All Saints School over the weekend. Forty-eight-year-old Kenroy Coote appeared before Magistrate Khiana Gordon today where he was read a single count of burglary. It is alleged that on Saturday, March tenth, the King’s Park resident broke into one of the school buildings […]
Written on March 13, 2023 | Posted in
Crime,
People & Places |
Comments Off on Thief Remanded for Burglarizing All Saints School
A sixteen-year-old student of Saint John’s College visited the police station here in Belize City in the company of his father, where reported that whilst walking along Princess Margaret Drive, he was attacked by several persons, including a fellow classmate. During the incident the teenager was reportedly struck several times in the face, sustaining injuries […]
Written on March 13, 2023 | Posted in
Crime,
People & Places |
Comments Off on Trio of Teenagers Charged for Assaulting S.J.C. Student
On Friday, the Registrar of Credit Unions, Central Bank Governor Kareem Michael, announced that career banker Martin Marshalleck has been appointed to oversee the day-to-day operations of Saint Francis Xavier Credit Union in Corozal. The lending institution is the second largest credit union in the country but has been mired in controversy for the better […]
Written on March 13, 2023 | Posted in
Economy,
People & Places |
Comments Off on SFXCU Responds to Registrar of Credit Unions “Unilateral” Decision
It’s a long-awaited piece of instrument that was promised by the previous administration. Today, the Government Press Office has reported that the Minister of the Blue Economy and Civil Aviation, Andre Perez has signed an agreement for the acquisition of a new aviation primary radar and for the upgrading of its air traffic control center. […]
Written on March 13, 2023 | Posted in
Economy,
Environment,
People & Places |
Comments Off on Government Signs Agreement for New Aviation Radar
An independent tribunal is being established to hear the Port of Belize’s appeal in the rejection of its Port Expansion Project. The latest development is that persons have already been identified to sit on that tribunal. And, amendments were made to the Environmental Protection Act to exclude the Senator for Business Community from that tribunal. […]
Written on March 13, 2023 | Posted in
Economy,
People & Places |
Comments Off on Stage Being Set to Hear Waterloo EIA Rejection Appeal
Goodnight and welcome to another exciting edition of Sports Monday, I am Paul Lopez. Here hoping you are having a great start to your week. He is arguably one of the most talked about players in the 2023 Belize Elite Basketball League, Kirk Smith Junior. And, this coming Friday fans will finally get to witness […]
Written on March 13, 2023 | Posted in
Environment,
People & Places,
Sports |
Comments Off on Kirk “Shabba” Smith Jr. Free to Play on Friday Night
Prime Minister John Briceño introduced the 2023/2024 budget before the House of Representatives today. His speech touched on a range of topics, from the external conditions impacting Belize’s economy, to developments in the financial sector, the impacts of the new budget and his administration’s reform agenda. At the beginning of his one hour and seventeen […]
Written on March 10, 2023 | Posted in
Economy,
Featured,
People & Places |
Comments Off on P.M. Briceño Reviews His Administration 2022 Fiscal Performance At Start of Budget Speech
Apart from the expenditures already outlined, the Briceño Administration has identified additional priority areas for investments in its 2023 Budget. These include free education, the distribution of eleven thousand parcels of land to first time land owners, the expansion of the National Health Insurance program in Orange Walk District, and the recruitment of additional police, […]
Written on March 10, 2023 | Posted in
Economy,
Environment,
Featured,
People & Places |
Comments Off on 2023 Budget Priority: Health, Education, Land & Security
We also heard from the Leader of the Opposition, following Prime Minister Briceño’s Budget Speech. And, it may come as no surprise that Barrow was not impressed with the Prime Minister’s 2023 budget presentation. Barrow reduced the government’s performance report to what he says is simply a natural rebound from the economic contraction caused by […]
Written on March 10, 2023 | Posted in
Economy,
People & Places |
Comments Off on U.D.P. Leader Calls PM’s Budget Speech “Unimpressive”
And, as we told you, Prime Minister Briceño listed a number of high priority areas outlined in the 2023 budget for additional investments. Opposition Leader Shyne Barrow shared some issues he has with the additional investments being made in some of these areas, particularly where NHI and free education are concerned. Shyne Barrow, Opposition […]
Written on March 10, 2023 | Posted in
Economy,
People & Places |
Comments Off on Additional Investment in N.H.I. Carries a “Comedy of Errors” Says Opposition Leader
An administrator has been appointed to the Saint Francis Xavier Credit Union Limited. Today, the media was called to a press conference by the Central Bank of Belize where the Governor, Kareem Michael, in his capacity as the Registrar of Credit Unions, announced that under the Credit Unions Act of 2011, the appointment of an […]
Written on March 10, 2023 | Posted in
Economy,
People & Places |
Comments Off on Critical Deficiencies in Governance at Saint Francis Credit Union
The controversy surrounding the administration and operation of Saint Francis Xavier Credit Union in Corozal played out in the media for several months. During that time, there were protests organized and even physical assaults recorded as a result of the debacle. Registrar Kareem Michael says that the board and management of the credit union were […]
Written on March 10, 2023 | Posted in
Economy,
People & Places |
Comments Off on Martin Marshalleck Appointed as Administrator to Saint Francis Xavier Credit Union
Saint Francis Xavier Credit Union is the second largest credit union in Belize, with over thirty thousand registered members. With an administrator taking over the day-to-day operation of the credit union, what happens to the member owners and their interests? Kareem Michael, Registrar of Credit Unions “The appointment of an administrator to Saint Francis […]
Written on March 10, 2023 | Posted in
Economy,
People & Places |
Comments Off on Registrar: What Happens to Member-Owners & Their Interests?
During today’s budget presentation, Prime Minister John Briceño said that nonperforming loans for domestic banks are at seven percent higher than the max of five percent. This, he said, is due to the pandemic and excessive risk-taking by the financial institutions. During the press conference with the Central Bank of Belize, Governor Kareem Michael spoke […]
Written on March 10, 2023 | Posted in
Economy,
People & Places |
Comments Off on Nonperforming Loans for Domestic Bank Up by 7%
Earlier, you heard about the enhanced supervision that took place at the Saint Francis Xavier Credit Union in Corozal, ahead of an administrator being appointed. It is a last resort taken by the Registrar of Credit Unions in an effort to save the embattled financial institution. A recent report from the International Monetary Fund cites […]
Written on March 10, 2023 | Posted in
Economy,
People & Places |
Comments Off on 2 Banks in Belize under Enhanced Supervision
On Thursday, we told you that Cabinet has agreed to convene a Commission of Inquiry into the sugar industry in an effort to review the sustainability of the industry, as well as its modernization. To clear up questions as to the intended outcome of this exercise, Prime Minister Briceño sought to explain the purpose and […]
Written on March 10, 2023 | Posted in
Economy,
People & Places |
Comments Off on Cabinet Sub Committee Established to Address Impasse Between B.S.I./A.S.R. and B.S.C.F.A.
On Thursday, we told you about the agreement between the Government of Belize and the Joint Unions Negotiation Team for the implementation of a phased approach to the Public Sector Pension Reform. Today, Prime Minister Briceño further elaborated on why the current public sector pension scheme is unsustainable, noting that by the end of the […]
Written on March 10, 2023 | Posted in
Economy,
People & Places |
Comments Off on How Many Years Of Service To Be Exempted from Contributory Public Pension Scheme?
One last report from the Sitting of the House. The meeting came to an end with Leader of the Opposition Shyne Barrow being escorted out of the National Assembly. Valerie Woods, the Speaker of the House of Representatives, requested that the Opposition Leader be removed from the sitting after reportedly saying that Speaker Woods would, […]
Written on March 10, 2023 | Posted in
Economy,
People & Places |
Comments Off on Opposition Leader Removed from the Sitting of House of Representative
