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Briceño Administration Successfully Restructures Petro-Caribe Debt

There is major news coming out of the Prime Minister’s visit to Venezuela a few weeks ago. As we have reported, during his recent trip Prime Minister John Briceño met with Venezuelan President Nicolas Maduro and discussed the close relations between both countries. Among the matters deliberated during that visit was Belize’s debt to Venezuela […]

Fourth Supplementary Budget for Fiscal Year 2022/2023

And while negotiations with Venezuela have saved tax payers millions of dollars, the Government of Belize presented its fourth Supplementary Appropriation Bill for this fiscal year before today. The need for additional funds was triggered primarily by the devastation left behind in the wake of Hurricane Lisa. The Government of Belize sought authorization for the […]

Leader of the Opposition Chides Briceño Administration over Supplementary Budget

Leader of the Opposition Moses “Shyne” Barrow responded to Prime Minister Briceño’s supplementary budget presentation with assertions that Hurricane Lisa is being used as an opportunity to “fleece the national coffers”. Sparks flew across the aisle when Barrow questioned the prime minister about the purchase of a vehicle currently in the P.M.’s use. Here is […]

C.D.B. to Loan D.F.C. $12 Million Dollars for Tertiary Education Financing

The Caribbean Development Bank has agreed to loan the Development Finance Corporation twelve million Belize dollars to support the financing of the Tertiary education in Belize. D.F.C., however, must first obtain the approval of the National Assembly to increase its foreign debt. As a result, this morning a loan motion to this end was brought […]

Ten Million Dollars for M.S.M.E.’s through D.F.C.

And as another loan to the D.F.C., The International Cooperation and Development Fund Taiwan (I.C.D.F.) has agreed to loan the D.F.C. ten million dollars to support Micro, Small, and Medium Enterprises (M.S.M.E.) .The facility is part of Taiwan’s I.C.D.F. efforts to support the recovery of M.S.M.E.’s after the COVID19 pandemic, with a focus on women […]

Byron Herrera Executed in Orange Walk Town

This morning, the father of Orange Walk’s latest murder victim was at the cemetery in that northern municipality, taking measurements and preparing to lay his son to rest.  On Saturday night, shots rang out in an area just beyond the People’s Stadium in Orange Walk.  Byron Herrera had been killed by at least one gunman […]

Denver Boy Injured During Horseback Riding, Mother Pleads for Help

Eight-year-old Stefan Keryan, a resident of Denver, Colorado is tonight hospitalised in a critical condition after an accident in Bermudian Landing last Tuesday.  The boy was visiting Belize along with his family on a Carnival cruise line when they went on a horseback riding tour of the village.  The fun family tour of the community […]

Prime Minister Assures There will be Policy for Transparency in Online Companies Registry Management

The companies registry has gone digital and you’ll get to hear all about the ease of access that the medium provides for registered business owners who want to access their business profiles from wherever they are. The online service also comes about as a result of the merging of local and international companies’ registries. But […]

Now Online: Belize Companies and Corporate Affairs Registry

The Online Business Registry System, O.B.R.S. was officially launched on Friday night for people who do business in Belize and for those who wish to start. It serves to complement the work of the Belize Companies and Corporate Affairs Registry, BCCAR, which was established in July of this year to provide companies and business registration […]

How Will the Media Be Allowed to Investigate Fake Companies?

The Online Companies Registry should provide ease of access to registered companies and business owners, but it should not create any kind of ease for people who want to engage in fraudulent businesses. President of the Belize International Financial Services Association, Reynaldo Magana says it takes a few in-depth procedures to license a company, and […]

How Will Online Companies Registry Deal with Shadow Companies Entering Contracts with G.O.B.?

Before now, there have been businesses that were registered but whose actual owners were not the persons whose names were on the register. And in particular instances there are, sometimes, suspicious conflicts of interest as it pertains to shadow companies that enter into contract with the government. A classic example of this occurred when a […]

Patrick Faber Plans to Run Independent If He’s Refused by U.D.P.

Estranged politician Patrick Faber says he will run independent in Collet if the U.D.P. does now allow him to contest the next general elections under its banner. We caught up with the Area Representative for Collet at today’s House Meeting in Belmopan. Surprisingly, he attended the meeting and sat at the end of the opposition’s […]

Faber Comments on Saldivar’s U.S. Designation

Faber also gave his take on the latest dilemma that his U.D.P. colleague and intra-party rival John Saldivar has found himself in with the U.S. Department of State’s designation. Faber says Saldivar will have an uphill battle eluding the perception of corruption that has stained his image. He further noted that the U.D.P. must also […]

P.M. Briceño Acknowledge Contributions of Former Minister Sylvia Flores

At the opening of today’s sitting of the House of Representatives, Prime Minister John Briceño acknowledged the contributions of former P.U.P. Minister, the late Sylvia Flores. P.M. Briceño recounted his last visit with Flores back in November, during the Garifuna Settlement Day celebrations in Dangriga.   Prime Minister John Briceño “Please allow me a minute […]

Government of Belize Spreads the Christmas Cheers

Christmas is here and so is the Government of Belize’s Christmas Assistance Program. The Briceño administration has allocated two point five million dollars to be divided among all thirty-one constituencies. P.M. Briceño confirmed this in a brief comment he gave to us earlier today.   Prime Minister John Briceño “Yes, we will be doing it. […]

Chamber Says Minimum Wage Should be Phased In

This morning, the Belize Chamber of Commerce and Industry met with the media to discuss the new minimum wage regime that will come into effect at the beginning of the new year.  Notwithstanding the establishment of a minimum wage task force, as well as a consultancy to determine the best approach to introducing the scheduled […]

What About Low-skilled Workers, Will They be Affected?

The chamber’s Chief Policy Analyst Dyon Elliott as weighed in on the potentially negative effects of the proposed adjustments, particularly where the employment of low-skilled workers is concerned.   Dyon Elliott, Chief Policy Analyst, B.C.C.I. “There have been evidence in other jurisdictions where too sharp change in the minimum wage overnight has led companies to […]

$3 Million in Damages to Schools by Hurricane Lisa

It’s been a little over five weeks since Hurricane Lisa battered central Belize. The category one storm damaged a lot of schools, ripping off roofs and exposing the deplorable conditions in which some school buildings were. In an interview with the Chief Executive Officer in the Ministry of Education, we asked for an update on […]

Education C.E.O. Says No Learning Gaps due to Hurricane Lisa

Education C.E.O. Dian Maheia confirmed with News Five that no learning gap was created, despite the disruptiveness of Hurricane Lisa. This is because the school system has learned how to adapt to hybrid learning.   Dian Maheia, C.E.O., Ministry of Education “There was adjustment and what we saw is that it was a lot smoother. […]

Meet the Young Graduates of the Port Loyola Library Sewing Program

Over the weekend, the first cohort of primary school children graduated from a sewing program at the Port Loyola Library in Belize City. The program was successful with support from Optimist International. Optimist Club 501 Belize is a group consisting of Belizeans in country and in the diaspora who are giving back to the community. […]