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The Belize International Financial Sector Association, BIFSA, held a one-day training for stakeholders in that area of corporate business. The session which was held at the Biltmore Plaza focused on Common Reporting Standards and Anti Money Laundering. Ava Lovell-Belisle, Treasurer, BIFSA “This particular training is on the CRS and AML which is the Common […]
International Tax attorney Jose Romero, who has established a firm in Panama, was the presenter at today’s workshop. He discussed the challenges to the financial sector with regards to offshore banking. Jose Romero, International Tax Attorney “It’s a challenge that every single jurisdiction that has faced the advent of this new regulations has had […]
Today, a cheque of sixty thousand dollars was handed over to the government of Belize from the Republic of China (Taiwan) to facilitate one of two exchange investment missions between both countries to be launched in 2019 by the Ministry of Investment Trade and Commerce. The objectives are to increase foreign direct investment in priority […]
Today marks exactly three months since Ambassador Remus Li-Kuo Chen officially took up mission in Belize. He says that the initiative is linking potential Taiwanese investors with Belizean businesses. And it is the hope that by the end of the second mission later this year, solid business relationships would have been formed between investment opportunities […]
Back to back and in recent times, shocking Ponzi schemes and investment scandals were exposed in multimillion dollar projects in Belize. From a cursory view, the projects seemed legit, but would later turn out to be strategy used by scammers to rob investors of millions of dollars. So we asked Minister Panton what mechanisms have […]
A man believed to be Belizean was shot on Thursday afternoon in Erie City, Pennsylvania, U.S.A. Investigators suspect that it was an upper-level drug deal gone bad which led to the seizure of a significant quantity of suspected heroin at the scene. One of the men from Chicago was shot in the chest and was […]
An O.A.S. 2015 reports shows that Belize is the Central American country that has had the highest immigration since the early 1980’s. The foreign-born population in 2013 represented a little over fifteen percent of Belize’s total population – about sixty percent from Guatemala and El Salvador. Belize has long been sought after by groups of […]
Tonight political and economic tensions continue to grow in Venezuela. According to online reports, Venezuelan soldiers have blocked a crossing with trucks and shipping tankers ahead of an aid delivery arranged by opposition leader Juan Guaidó, who has declared himself interim president. President Nicolás Maduro, who has the support of the army, is not allowing […]
The Orange Walk Town Council is getting a new garbage compactor truck courtesy of the Japanese Government. The cost for the truck is more than one hundred and sixty thousand dollars and the funds were made available through the Grassroots and Human Security Programme of the Embassy of Japan. News Five’s Hipolito Novelo was in […]
Bishop Martin High School was also a recipient of a financial grant from the Japan Embassy through the Grassroots and Human Security Programme. In 2017, the Japanese Embassy and the school signed a contract valued more than two hundred thousand dollars. The monies were used for the construction of a news concrete school building. An […]
Foreign Minister Wilfred Elrington departed the country on Tuesday for Uruguay, along with Ambassadors Daniel Gutierrez and Lou-Anne Burns as well as former O.A.S. Ambassador Lisa Shoman to participate in the international contact group meetings on the situation in Venezuela. The governments of Mexico, Uruguay and CARICOM have proposed the Montevideo Mechanism. According to CARICOM, […]
So while the statement at the O.A.S. by Belize was sanctioned, according to DPM Faber, Belize will not support any type of intervention or interference from any international superpower, such as the U.S. He says that Venezuela has the right to self-determination without political, economic or military interference from other world states. Patrick Faber, […]
For some time, a Belizean has been named as one of the U.S. Immigration and Custom Enforcement’s most-wanted deportable aliens. He is forty-six-year-old Santos Moriera who has a number of convictions and has been deported a number of times from the U.S., but somehow managed to get back into the United States. But the long […]
Assad Shoman has been making his rounds on the media pushing for a YES vote at the April tenth referendum. This morning he appeared on Open Your Eyes. Shoman is the face of a not-for-profit organization that goes by the name, Citizens for the Defence of Sovereignty or C.D.S., which emerged recently and is outwardly […]
Among the myriad of answers that Shoman provided was in respect to a question on the 1859 treaty, which is at the core of the territorial claim by Guatemala. Shoman claims Belize did not inherit the 1859 treaty from the UK. But he added that Belize inherited the boundaries of the 1859 treaty. Here is […]
One of the common concerns proponents of a NO vote have repeatedly expressed, is that it is unfathomable to Belize that Guatemala would go to Court if it did not have a strong case. This morning, Shoman maintained, as we’ve heard many times before, that Guatemala simply has no case. Assad Shoman, Citizens for […]
Members of CARICOM have called on Luis Almagro, the Secretary General of the Organization of American States, to publicly clarify that he does not speak on behalf of all the member states of the O.A.S. This is in relation to the political instability and crisis in Venezuela. Almagro has taken to social media to denounce […]
Political and economic pressures continue to mount on Nicolas Maduro, the embattled President of Venezuela. The South American country has been thrown into chaos and crisis over the past few months as tens of thousands of Venezuelans have taken to the streets to protest. Opposition Leader Juan Guaido has declared himself the interim president of […]
Opposition politician Juan Guaido shot to fame on January twenty-third when he declared himself Venezuela’s interim president. Since then, Guaido has been getting the support of many powerful and influential nations as well as the European parliament, which recognized Guaido as de facto head of state. European governments, divided over whether to recognize Guaido, also […]
We also asked the Venezuelan Ambassador about the diplomatic relations between Belize and Venezuela. The two countries have always enjoyed friendly and bilateral relations. But in a strange twist of events, last week, Belize’s O.A.S. Ambassador Daniel Gutierrez, in a special session, told representatives of member states that the failure of the government of Venezuela […]
Mexico’s former President, Vicente Fox, was on a brief visit today. Fox’s visit was unannounced, but the government offered him courtesies. A very short release says the fifty-fifth president met with Prime Minister Barrow. That meeting was at the Laing building and Fox was accompanied by friends who are businessmen and potential investors. The photos […]
The situation continues to deteriorate in Venezuela where Opposition Leader Juan Guaido claims he is the interim president and has the support of the U.S., Canada and other countries. On January tenth, when Nicolas Maduro started a new term as president, Belize abstained from voting on a resolution by the Organization of American States to […]
We are one hundred and four days away from the April tenth I.C.J. Referendum. The Belize Referendum Commission is the official body in charge in carrying out a proper and well-resourced referendum campaign. The People’s United Party is demanding that the education campaign be re-designed, managed and implemented by a well-resourced, independent commission. The government […]
Guatemala’s claim over Belize has lingered over the country and its people for more than two centuries. The territorial dispute has divided the country especially when it comes to deciding whether we should submit the claim to the International Court of Justice for final resolution. Belizeans will make that decision on April tenth and according […]
Childhood obesity is a challenge throughout the region so policymakers are engaging the private sector to adopt standards that will make consumers more aware of making healthy choices when buying food. It will take front of package labelling to another level to include foods that are high in calories, saturated fat, sodium and other properties […]