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Loan signed with I.D.B. for U.S. $25 million

During a brief contract signature ceremony this morning, the Government of Belize officially wrapped up more than a year of negotiations with the Inter-American Development Bank to secure twenty-five million U.S. dollars of what has become a steady stream of concessionary financing for Belmopan. The twenty year loan carries an interest rate of five point […]

New loan window will replace D.F.C.

And as the Government prepares to cut its losses at D.F.C., this morning Belmopan’s new point man on financial affairs, Minister of National Development Mark Espat, spoke of the Musa administration’s plan to create a banking institution similar to the now bankrupt agency. The idea is to ensure that students and entrepreneurs have access to […]

Creditors will now consider new bond offer

As for the latest on the progress of Belize’s billon dollar bond offer, today Espat told the press that with the National Assembly’s approval of the proposal, the ball is now in the creditors’ court. Mark Espat

Alleged triggerman charged with attempted murder

The alleged triggerman in the shooting of James Young Sr. and Kenneth “Big Tom” Flowers has been arrested and charged. Twenty-two year old Alpheus Smith has been jointly charged with Brian Brown, who was arraigned yesterday. Smith was read three counts of Attempted Murder and two counts each of Dangerous Harm and Use of Deadly […]

Family of missing tourist seeks closure

Those who have experienced the loss of a loved one know how deep the pain can reach. But how do you describe the feeling when you not only have to cope with a death but the additional complication of never finding the body of the deceased. That’s the dilemma faced by the family of a […]

House topples; occupants safe but shaken

It happens at least a couple of times a year … and with all the old wooden structures around the country, it’s a miracle it doesn’t more often. What I’m talking about is when an elevated house topples from its posts. Jacqueline Godwin, Reporting

Ground broken on Korea-financed vocational school

Today two ground breaking ceremonies were held on projects jointly initiated between the Governments of Belize and South Korea. Construction for a Central Vocational Training Centre is expected to commence shortly on the grounds of the Central Assembly of God Primary School. According to Reverend Eugene Crawford the new facility will go a long way […]

Another Lotto winner collects jackpot

Last week’s Lotto winner has come forward to claim her fifty thousand dollar prize. The lucky ticket holder is twenty-two year old wife and mother of two, Beolita Ancona of Corozal Town. This morning a happy Ancona and her family picked up their check at the Tropical Gaming office. Kendra Griffith, Reporting

Firefighters, oil company simulate gas station blaze

They say that practice makes perfect, but in the case of fighting fires we’d probably settle for practice makes pretty good. Jacqueline Godwin, Reporting Traffic along the northern highway came to a stand still at mile two on the northern highway. The disruption was caused after the driver of this truck mistakenly opened the wrong […]

Scientists measure how land pollution hurts reef

We know it as the Belize Barrier Reef, but when you add the coral formations to the north and south the entire system is referred to scientifically in broader terms. But more important than the name is the concept: that is, the marine environment in this corner of the Caribbean does not respect political boundaries. […]