Belize - Belize News - Channel5Belize.com - Great Belize Productions - Belize Breaking News
Home » Economy Miscellaneous People & Places You are currently browsing entries filed in: Economy Miscellaneous People & Places

No Money No Deh! FinSec Tells It Like It Is

Is government broke? So broke that they may have to resort to issuing treasury bills just to pay salaries at the end of the month? Recent correspondence to C.E.O.s purportedly [...]

P.M. Mum on Budget

The budget for the new financial year 2018-2019, is to be tabled in the House of Representatives on March ninth, that’s two days after the municipal elections. From what we [...]

Business Senator Eyes True Accountability and Proper Spending

Still on the national budget, eagle eyes will be turned on Belmopan to see if Prime Minister Dean Barrow and his government have been able to live up to the [...]

Mark Lizarraga Says Societal Ills Must Also Be Addressed

Senator Lizarraga went on to address another key area of concern in the Budget: what will be allocated to addressing the root causes of crime such as joblessness and lack [...]

No Payment of Fuel Bills Leads to Diesel Ration

Information to our newsroom is that the supply of diesel fuel is running very low. In fact going into the weekend, gas stations are receiving only a limited amount and [...]

Mexico’s Gain is Free Zone’s Loss

Business at the Commercial Free Zone continues to be affected by Mexican consumers purchasing goods and services in their homeland, instead of shopping in Belize.  The exclusive business location was [...]

Will Trade Agreement Help?

According to Juarez, there are instances where prices on the shelves at the free zone aren’t as eye-catching as they are across the border.  While he could not provide an [...]

Attitudes Must Change on Campaigning and Financing

What was once whispered about has now, in some quarters, been stated openly: no money, no vote! With municipal elections two weeks away, it is open season for vote-buying or [...]

‘No Money No Deh’ for Fees nor Vehicles, Laments Education Minister

While with the Deputy Prime Minister today, he was asked about a report that his ministry will be spending two point one-three million dollars on school fees for selected persons [...]

Goodbye to Scotiabank in Placencia, Spanish Lookout

Scotiabank is closing two of its branches. In a release issued today, the Bank says that it will be closing the Spanish Lookout Branch effective April twentieth and the Placencia [...]

Budget Coming – What’s In It?

There was no meeting of the House of Representatives today in Belmopan. One had been mooted for discussing the U.H.S. matter but new litigation in the Caribbean Court of Justice [...]

Jane Usher Boulevard Families to Benefit from Urban Greenhouse

A novel project that will provide sustenance as well as income to participating families kicked off today at the YMCA compound. It is named the Port Loyola Urban Gardens Greenhouse [...]

Budget “Ninth a March;” Will It Be Any Different?

The budget for the 2018 fiscal year is expected to be presented before the House of Representatives in early March, weeks before the start of a new financial calendar.  The [...]

The Liquidation of the Civil Service Credit Union

In April of 2016, the Central Bank of Belize announced plans to liquidate four credit unions across the country. These were the Citrus Growers and Workers’ Credit Union; Mount Carmel [...]

After Sub-Par Year, C.D.B. Turns the Page

This week, the Caribbean Development Bank held its annual press conference at its headquarters in Barbados. The headline is that the performance of its nineteen member countries economically in 2017 [...]

Bankers Tout Sponsored Infrastructure Improvements, Advise Belize on Controlling Debt

Belize recorded just a half a percentage point increase in GDP in 2017, and projects about one point five percent, hampered by increases in debt. But still, the C.D.B. remains [...]

Town Councils Heavily Indebted to S.S.B.

With elections four weeks away, all eyes are how town councils have been performing in the different municipalities.  Today, News Five learnt that at least three councils are heavily indebted to the Social [...]

Trade Deficit Tightens but Prices Go Up

The Statistical Institute of Belize report for December shows both imports and exports down.  Belize imported goods valued at one hundred and sixty-seven million dollars or zero point nine percent [...]

Things Look Better, But Not Much, Foreign Forecast Says

For those still wondering if the best is yet to come going into an election year, The Economist Intelligence Unit says not quite. Its quarterly economic forecast predicts a return [...]

Butane Prices to Go Up, But Not Till March

Brace yourself for another increase in butane prices. That’s the official word from the government following eight days of negotiations with Liquid Petroleum Gas Importers: BWEL, Gas Tomza and Zeta [...]

After Short Price Hike, Importers Holding Butane Hostage?

Last Friday, the price of LPG went up by seven dollars per hundred pound cylinder. While that increase kept supply of butane going, there is information of an impasse between [...]

Give Me a Break, Say San Carlos Farmers on Loans

On Tuesday News Five showed you firsthand the hopes and dreams of farmers in the San Carlos area of Orange Walk, who are hoping they will be able to get [...]

Farmers Punished with High Prices Despite Innovative Uses of Fuels

You probably grumbled a bit recently when it was announced that prices for kerosene, premium and diesel fuel and butane went up. But while most urban Belizeans get butane for [...]

Butane Gas Takes Hike

If you plan to fill your one-hundred pound gas tank tomorrow in Belize City then plan to fork out seven dollars more than what you have been paying. It will [...]

Estevan Bol Swims with the Fish

Twenty-six-year-old Estevan Bol has turned his hobby into his full-time job. He had always been fascinated by fish, owned small fish aquariums and subsequently taught himself all there is to [...]