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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 […]
Written on August 5, 2015 | Posted in
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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 […]
Written on August 4, 2015 | Posted in
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Comments Off on Business As Usual at FirstCaribbean Despite Looming Sale to Heritage Bank
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 […]
Written on August 4, 2015 | Posted in
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Comments Off on Central Bank Governor Says Transition Should be Seamless
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, […]
Written on August 4, 2015 | Posted in
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Comments Off on Acquisition of FCIB Means Growth for Heritage But What About Employees?
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. […]
Written on August 4, 2015 | Posted in
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Comments Off on Body of Missing Child Still Not Recovered from Blue Creek Cave
The G-twelve in the P.U.P. has not been heard from since their boycott of national executive and standard bearers meetings in the past two weeks. That is except for Dan Silva who explained his position on Sunday for attending the start of the party’s “Power to the People” Tour in San Ignacio. Now, from what […]
Written on August 4, 2015 | Posted in
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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 […]
Written on August 4, 2015 | Posted in
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Comments Off on Chamber of Commerce and DFC Sign MOU…
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 […]
Written on August 4, 2015 | Posted in
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Comments Off on …Business Agreement Forges Meaningful Partnership
Four very special athletes returned home to a warm welcome today. And they did not come empty-handed; the athletes returned to the jewel with medals around their necks after taking on much older and season athletes from around the world. The sport is bocce and it put Belize in second place over all in the […]
Written on August 4, 2015 | Posted in
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Comments Off on Special Olympic Athletes Return to the Jewel
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 […]
Written on August 4, 2015 | Posted in
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Comments Off on Holiday Hotel Celebrates Fifty Years of Service on La Isla Bonita
There is big financial news tonight. CIBC First Caribbean Bank which was hit by robbers last week today informed it’s management and staff that it was selling out it assets to Heritage Bank Limited, a much smaller local bank. The reports had been circulating for some time, but it was made official until today. Staff […]
Written on August 3, 2015 | Posted in
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The deep internal rift in the People’s United Party has been dominating the headlines for weeks. But on Sunday, at least for a few hours, the chasm was not as wide when the P.U.P. and its supporters converged for a first leg of a national tour. P.U.P. leader, Francis Fonseca, says he is taking a […]
Written on August 3, 2015 | Posted in
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Comments Off on P.U.P. Launches National Tour Amid Dissention Within the Grand Old Party
Cayo Central Standard Bearer Dan Silva was the chief organizer of the first leg of the P.U.P. national tour in San Ignacio which was planned some time ago, even before the revolt in the P.U.P. He is also among the original G-twelve, which is now down to G-ten, who oppose the existing state of affairs […]
Written on August 3, 2015 | Posted in
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Comments Off on Dan Silva Says G12 is Only Fighting to Make P.U.P. Better…
While Silva’s position is that they have a righteous cause for going against the status quo, Deputy Leader Julius Espat maintains that boycotting national executive meetings does nothing to bring about meaningful change within the party. Julius Espat, Deputy Leader, P.U.P. “If you are recommending for us to have meetings and you be a […]
Written on August 3, 2015 | Posted in
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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 […]
Written on August 3, 2015 | Posted in
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Comments Off on Minor Drowns in Blue Creek Cave, Recovery Effort Underway
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 […]
Written on August 3, 2015 | Posted in
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People & Places |
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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 […]
Written on August 3, 2015 | Posted in
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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 […]
Written on August 3, 2015 | Posted in
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Comments Off on Is B.T.B. on Sound Financial Footing?
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 […]
Written on August 3, 2015 | Posted in
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Comments Off on B.T.B. Awards Outstanding Tourism Stakeholders Big and Small
On Wednesday, twenty-one of thirty-one P.U.P. Standard Bearers and the executive of the party met at Independence Hall. It was to have been a showdown between the Fonseca faction and a group of twelve standard bearers, including former P.U.P. leader John Briceño, who are demanding a long-delayed national convention and the restructuring of the National […]
Written on July 31, 2015 | Posted in
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Comments Off on People’s Assembly in Cayo on Sunday; Will the G-10 Be There?
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; […]
Written on July 31, 2015 | Posted in
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Comments Off on Heart Clinic in City
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 […]
Written on July 31, 2015 | Posted in
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Comments Off on Belizean Authorities Silent Says BTVS De la Fuente
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 […]
Written on July 31, 2015 | Posted in
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Comments Off on Fairtrade Certifies The B.S.C.F.A.
