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Men Detained for Burning Canefields Will Be Charged

On Monday two men were detained by Police on suspicion of burning canefields owned by ASR in the San Lorenzo area of Orange Walk Town. The detention is politically charged, [...]

Ramon Cervantes Denies Involvement

As we said, the situation is politically charged because of the personalities involved, and also because when Alpuche Junior was detained he was driving a vehicle which belongs to Cervantes. [...]

Why Did the SCPC Cut Quotas?

There is word of an apparent resolution to unrest in the sugar industry which had the potential to blow up into full-scale protest. Because of the lateness of an announcement [...]

BCCI Supports Petrocaribe Initiative…Opposes Petrocaribe Act

he Belize Chamber of Commerce is the latest organization to come out against the PetroCaribe Loans Act which was passed in the house after a relatively short debate. While that [...]

Chamber Will Not Explore Joining Forces with PUP

Despite the Prime Minister’s recent announcement that amendments to the law will be tabled at the next House meeting, Vasquez says that there are certain aspects which remain unaddressed.  Those [...]

BCCI Awaits Amendments Before Formulating Clear Position

While the chamber, as a social partner, may not be joining the PUP to seek a repeal of the PetroCaribe Loans Act, it is in receipt of a letter from [...]

PM Says Teachers and Public Servants Are Indeed Benefiting from Petrocaribe

BNTU President Luke Palacio, in an interview with the media last week, said the prime minister attempted to mislead the nation when he stated that teachers and public servants were [...]

DFC Launches Consolidated Credit Line

In financial news…the Development Finance Corporation in collaboration with the Caribbean Development Bank today launched the corporation’s seventh consolidated line of credit. Under the new agreement, the CDB will be [...]

DFC on the Right Track with Good Governance

In 2007, the Government of Belize liquidated the DFC as a result of a policy based loan made by the Inter-American Development Bank. As a result, the Caribbean Development Bank [...]

B.E.L. Not Happy With Rate Reduction

But back in the city…When the Public Utilities Commission announced a week ago that electricity rates would be reduced from forty-one cents per kilowatt hour to thirty-five cents, consumers breathed [...]

2013 National Child Activity Survey Report – Key Facts and Figures

Today at the Jaguar Auditorium of the University of Belize, Belmopan Campus, the Statistical Institute of Belize and the International Labour Organization officially launched the findings and final report of [...]

Regional Project Seeks Strengthening of Fisheries Regulations

A regional project inclusive of CARICOM member states seeks to strengthen fisheries food safety regulations. The purpose is for the Caribbean to be able to access the international markets for [...]

Thousands Converge on Agric Showgrounds

Thousands of Belizeans annually converge on Belmopan for the national agricultural and trade show, which was held over the weekend in the Old Capital. The three-day show celebrates agriculture, but [...]

Light Bill Set to Go Down in July

There is some good news for consumers because beginning July first, 2015 to June thirtieth 2016; electricity rates are to go down to thirty-five cents per kilo watt hour to [...]

SIB Issues Statistics on Consumer Price Index for March

The Statistical Institute of Belize released the latest stats on consumer price index and external trade for the month of March. According to SIB, consumer prices were down one percent [...]

PM Returns from Meeting with Bank of America and Carnival Reps in Miami

Prime Minister Barrow has been away on official business in Miami where he met with representatives from the Bank of America and Carnival Cruise Lines to discuss separate issues pertaining [...]

Will Petrocaribe Loans Act be Repealed Within 21 Days?

Will the controversial Petrocaribe Loans Act be repealed by May nineteenth?  That’s what Leader of the Opposition Francis Fonseca and P.U.P. Deputy Party Leader Julius Espat are anticipating, following an [...]

PM Says Leader of Opposition’s Statements are Outrageous

During an appearance in the media earlier today, Leader of the Opposition Francis Fonseca said that the stipulations within the Petrocaribe Loans Act were made by PM Barrow in order [...]

Petrocaribe Loans Act Won’t be Struck Out, PM Open to Tweak Law

While the prime minister has made it abundantly clear that there will be no repeal of the Petrocaribe Loans Act, he is open to the idea of fine-tuning the legislation [...]

Central Bank Issues Release on Derisking

Earlier this week, Financial Secretary Joseph Waight commented briefly on the ongoing derisking exercise that a number of large American and European banks have undertaken.  The process has seen the [...]

Business Sector Senator Says G.O.B. Lied

Government operatives charged with selling the Petrocaribe Bill 2015 have sought to convince the media that the outcry is much ado about nothing. But tonight the Petrocaribe fire continues to [...]

Mark Lizarraga Demands Details of Petrocaribe Spending

Just in the event that you’re one of the very few who hasn’t been following the Petrocaribe hue and cry, the relevance is this. The government has stated time and [...]

PAC Chairman, Julius Espat, Not Impressed with Petrocaribe

Debate over the controversial continues to heat up, with the unions, churches and business sector all coming out squarely against it. The P.U.P. has as well, and later you’ll see [...]

Espat Says G.O.B.’s PR Push is Political Spin

Espat told News Five that the original rationale behind the Petrocaribe program, conceptualized and implemented by the late President Hugo Chavez, has been bastardized to further the political ambitions of [...]

Petrocaribe Law Doesn’t Skirt Finance & Audit Reform Act

The Fin. Sec. and legal advisor, attorney Michael Young, have been making the media rounds trying to explain away the new law, which allows government to borrow and spend without [...]