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Belize’s Blue Bond, which replaced the Super Bond and was flagged from the onset for its novelty has won two awards. The award for innovation was recorded under two categories. The first being Bond Structure Sustainability and the other is the Sovereign Sustainability bond. According to Minister of State in Finance Christopher Coye, the three […]
Written on March 31, 2022 | Posted in
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Comments Off on Belize’s Blue Bond Transaction Wins Two Awards
The successful Blue Bond transaction placed Belize in much better standing with its external debt. Coye says that on the global scene, this means a lot for Belize. Christopher Coye, Minister of State “This award is the only instance in which this Blue Bond is gaining recognition. We also have – I think this […]
Written on March 31, 2022 | Posted in
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There was a cold-blooded murder committed in Belize City last night when a resident of Petticoat Alley was shot and killed not far from where he lived. The incident is being investigated by the Belize Police Department, but there hasn’t been much by way of official information. Earlier today, News Five spoke with uncle of […]
Written on March 31, 2022 | Posted in
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Comments Off on Murder in Rhaburn’s Alley; Windell Neal is Executed
Today, the last day of March, a new Statutory Instrument stipulates that All COVID restrictions for locals are lifted. The S.I. comes about due the decline in COVID cases and the Minister of Health’s opinion that there is no longer an imminent threat of community spread of the virus. The S.I. does advise that existing […]
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Comments Off on Statutory Instrument Lifts All COVID Restrictions, Except for Unvaccinated Arriving Tourists
Jasmine Hartin was back today in the San Pedro Magistrate’s Court today for a procedure known as paper committal. What that entails is that the evidence which will be used by the prosecutor in the Manslaughter by Negligence case against Hartin was presented to Magistrate Cristina Perrera. This included a long list of statements, exhibits, […]
Written on March 31, 2022 | Posted in
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Comments Off on Jasmine Hartin to Stand Trial for Manslaughter by Negligence in Supreme Court
Will Hartin change her plea? The Canadian has gone on American television program “48 Hours” saying on the night of May twenty-eighth, 2021 while she was on a pier in San Pedro Town with Superintendent Henry Jemmott, the gun she had in her hand accidentally went off and killed the senior officer. While with attorney […]
Written on March 31, 2022 | Posted in
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Comments Off on Will Hartin Change Plea to Guilty?
If you ride the bus, you will need to budget a little extra for your tickets come April fifteenth. That is when a fare increase comes into effect. The Ministry of Transport and bus operators are still trying to finalize the exact amount of the increases following a meeting on Wednesday in Belmopan. Minister of […]
Written on March 31, 2022 | Posted in
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Comments Off on Bus Fares to Increase in Mid-April
Here’s an update on what the government is doing to deal with the rise in fuel prices. Today the Ministry of Finance announced that effective April first, the regulated pump price of diesel remains at thirteen dollars and forty-one cents per gallon in Belize City. Prices are higher in the districts due to transportation costs. According to […]
Written on March 31, 2022 | Posted in
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Comments Off on G.O.B. Cuts Fuel Taxes to Try and Manage the Cost to Consumers
In this week’s news from Cabinet, the Prime Minister and his ministers looked at the recent allegations of child labor and trafficking offences and underscored their commitment to fighting all forms of exploitation. Cabinet also instructed that there be full collaboration among ministries in this regard. To help alleviate the burden on motorists and businesses, the […]
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Comments Off on Cabinet Denounces Child Labor, Looks at Social Security Contributions for the B.D.F. and Fuel Price Subsidies
It is time to rid your home of that single use plastic bag collection and a lot of items you may be using to carry food. After today, you could be fined for having more than ten single use plastic items in your home, including grocery bags. Under the Environmental Protection (Pollution on Plastic) Regulations […]
Written on March 31, 2022 | Posted in
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Comments Off on Plastics Be Gone: Get Rid of Single Use Items or Face Court Date
So how will the D.O.E. know you have prohibited plastic items? Inspectors will be making the round looking for violations, yes, but ensuring items are biodegradable actually begins when importers apply to bring in their products. Chief Environment Officer Anthony Mai explained the process and also how the public can help with monitoring on the […]
Written on March 31, 2022 | Posted in
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Comments Off on Plastic Imports Will Have to Meet Certain Standards
And if you are wondering what kinds of products can be used instead, the Chief Environmental Officer says sufficient biodegradable alternatives are already available in Belize. Anthony Mai, Chief Environmental Officer, Department of the Environment “We believe that there are sufficient. At the inception of this initiative a task force was put together to […]
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Comments Off on Alternatives to Single-use Plastics Already Being Brought In
Today, on the last day of Women’s Month, the Ministry of Human Development along with the Women’s Commission and the Office of the Special Envoy for Women and Children held an awards ceremony. The purpose was to recognize a number of outstanding women from across Belize. Marion Ali attended the virtual ceremony and filed this […]
Written on March 31, 2022 | Posted in
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During the morning session on Wednesday’s Senate’s Budget debate, U.D.P.’s Orson Elrington was sworn in as a temporary senator, in place of Senator Mike Peyrefitte. Leader of Government Business, Senators Eamon Courtenay, and Senator Christopher Coye rose to speak on the proposed amendment to the rates of taxes on the Ninth Schedule of the Income […]
Written on March 31, 2022 | Posted in
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At Wednesday’s Senate meeting, Senator Coye went on to explain the rationale behind the proposed amendment to the rates on Income and Business Tax. Senator Christopher Coye, Minister of State “What we have noted is that in the banking system, in particular, we have excess liquidity in excess of seven hundred and seventy dollars […]
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Comments Off on The Rationale behind the Proposed Amendment to Income and Business Tax Rates
Thirty entrepreneurs from across the nation successfully completed the Belize Entrepreneurial Fest, a program organized by BELTRAIDE in collaboration with the U.S. Embassy in Belize. The fest included an intensive one day boot camp where participants were taught the one-o-one of business goal setting, business model development, user-centric designs, and pitching techniques. These entrepreneurs were […]
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Are you ready to go green with an electric vehicle? Well the following story might catch your interest. B.E.L., Caribbean Motors and the Biltmore Hotel are making it easier for motorists who are considering a shift from gas-operated vehicles. This morning, B.E.L. launched a pilot project to introduce charging stations at various locations. News Five’s […]
Written on March 31, 2022 | Posted in
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Comments Off on Introducing Electric Vehicles and Charging Stations in Belize
Today, history was made in Spanish Lookout. An ultra high temperature processing plant was officially inaugurated in Belize and will allow for the local dairy production industry to further develop. Agro-producers and high level government officials including Prime Minister John Briceño was present for the momentous occasion. News Five’s Duane Moody files this report. […]
Written on March 30, 2022 | Posted in
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Comments Off on New Longer Shelf Life Milk Launched in Spanish Lookout
If you’ve been unable to get fries with your fast food and it is being substituted with fried rice, it’s because there is a shortage of imported fries. Today, Agriculture Minister Jose Abelardo Mai confirmed this with the media and also said that there has been a shortage of local produce itself in Belize due […]
Written on March 30, 2022 | Posted in
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Comments Off on Potato Shortage & No Fries to be Found
An increase in fuel prices has a rippling effect on the price of commodities. The impact is no different on the agriculture sector. While as a country, we are self-sufficient in corn, other grains as well as fertilizer are imported and the acquisition costs goes up with the hike in oil prices. Agriculture Minister Jose […]
Written on March 30, 2022 | Posted in
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Comments Off on The Impact of Fuel Prices on Agriculture Sector
Fuel prices are at a record high at the pumps, threatening the livelihoods of many. The cost of living is going up even higher with sixty percent of the country already in poverty even before COVID. There is need for relief and G.O.B. has been in dialogue with private and public sector leaders to determine […]
Written on March 30, 2022 | Posted in
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Comments Off on A Proposed Cap on Fuel Prices at the Pumps
There is a report of alleged conflict of interest being made against Minister of State in the Ministry of Finance, Chris Coye. The information is that Coye and another minister have acquired a license from Phoenix Capital Limited and are operating in the banking sector in Belize in a limited capacity. The banking license was […]
Written on March 30, 2022 | Posted in
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Comments Off on Conflict of Interest with Minister of State Chris Coye
At its first opportunity to interview the P.M. since Shyne Barrow was elected as the new leader of the United Democratic Party, the media asked for his reaction to the razor-thin victory. Prime Minister John Briceño was curt in his response, saying it doesn’t really matter. Prime Minister John Briceño “I wish him well […]
Written on March 30, 2022 | Posted in
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Comments Off on PM Reaction to New U.D.P. Leader…
The Senate met today to debate the National Budget that was presented and debated last week. In his presentation, the Leader of Government Business, Senator Eamon Courtenay described the government’s performance during the last financial year “prudent stewardship.” Senator Eamon Courtenay, Leader of Government Business “Government’s revenue, grants and capital revenue outperformed estimates. The projected […]
Written on March 30, 2022 | Posted in
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Comments Off on Sen. Courtenay: “Prudent Stewardship” by G.O.B.
While Senator Bradley acknowledged the government’s efforts to cut back on spending, he highlighted a few areas where he thinks the outlay is still excessive, particularly in terms of salaries. Darrell Bradley, UDP Senator “We’re still, in my humble opinion, overspending when we need not be. I will just mention a few references. Page sixty […]
Written on March 30, 2022 | Posted in
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Comments Off on Senator Bradley Questions Spending…
