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New Cooling Tower For ASR/B.S.I.

The New River will be receiving some relief from B.S.I.’s sugar mill by way of its newly commissioned cooling tower. The nine million dollar investment seeks to add an additional [...]

Belize Bank Inaugurates New Branch in Independence

Banking just got easier for businesses and residents in South Stann Creek with the launch of a new Belize Bank branch in Independence.  For many years, the bank has extended [...]

PM Briceño Meets with the Chamber of Commerce

Prime Minister John Briceño, Minister of State Christopher Coye and Chief Executive Officer Narda Garcia met with the executive of the Belize Chamber of Commerce and Industry on Wednesday at [...]

Belize’s Very Own Black Friday Sales

Belize City was buzzing with traffic as another U.S. tradition has been adopted into the Belizean culture.  “Black Friday” sales were happening across the municipality and people were making sure [...]

Tourist High Season Revenues Projected to Near Pre-COVID 2019 Levels

American Thanksgiving usually marks the unofficial start of the tourist high season which runs through January. This year, tourism stakeholders are beginning to see their bookings go up. But protecting [...]

Unions Want Their Ten Percent Back

On Wednesday the Government of Belize met with social partners to review the country’s economic performance.  The Joint Union Negotiating Team has requested a separate meeting and reports are that [...]

Will Pay Cut Be Restored Soon?

That meeting with the Government of Belize and the Joint Unions Negotiating Team has been proposed until December eighth. But, how reasonable is the expectation of a return to full [...]

Minister of State Says International Interest Considerable at Summit

The recent Investment Summit was a success, at least from the level of interest that it drew from the more than two hundred participants. Minister of State in Finance, Chris [...]

Minister Coye Says Mexico Presents Huge Market for Belize

Minister Coye believes Belize has not been maximizing the ability to market our goods and services closer to home and that we ought to double our efforts toward that end. [...]

BSI and BSCFA Still At Odds Over Agreement Ahead of Upcoming Sugar Crop

The next sugar crop is set to commence on December twentieth, but ASR/BSI is still at odds with the Belize Sugar Cane Farmers Association. This is over an existing cane [...]

BSI Says Farmers are Already Benefiting from DC Sugar

BSI’s Chief Financial Officer Shawn Chavarria explains the benefits that farmers are enjoying from the manufacture and sale of direct consumption sugars to the external market.   Shawn Chavarria, Chief [...]

Fifty Percent of Cane Farmers Prefer Long-term Agreement with B.S.I.

According to the C.F.O., approximately half the total population of sugar cane farmers in the north is in favor of a long-term cane purchase agreement.   Shawn Chavarria, Chief Financial [...]

SIB Gives Stats on Economy and Employment for Nine Months of 2021

The nine months of 2021 looked far better than the same period in 2020, according to statisticians who collected data on the country’s economy, employment and inflation rates, and external [...]

Some Basic Goods Skyrocket in Price Since 1990

If you have been trying to explain to younger people that a dollar seemed to stretch further or things were simply less expensive “back in the day,” and they didn’t [...]

Economy Grew Over Last Ten Months

Belize’s economy grew in the first ten months of this year, compared to the same period of 2020. That has been the line that the government has been sticking to [...]

KHMH Needs $400K a Month Additional to Fight COVID-19

The dire financial situation of the government’s flagship hospital, the Karl Heusner Memorial, is public knowledge. But today the Chairman of the K.H.M.H. Authority, Doctor Andre Sosa, provided some background [...]

Alaska Air Offers New Connections for Pacific Northwest Travelers

Belize is making it easier for U.S. visitors with the new direct flights by Alaska Air from Seattle, Washington. These will connect tourists on the U.S. most northwestern seaboard to [...]

Belize Seeking to Attract More Mexican and European Visitors

While there is much to celebrate about getting two more flight with tourists per week to Belize, the Belize Tourism Board has also been marketing the country to other location [...]

Fuel Increases Driving Price Hikes in Other Commodities

On matters related to the economy, area representative Tracy Panton today called on the Briceño administration to immediately lower taxes on fuels. Panton argues that while government cannot control global [...]

Corozal Resident wins 50 Thousand Dollars from Scratch & Win

There’s a new winner for Scratch and Win and he’s from Corozal Town.  This morning Juan stopped by our office here on Coney Drive and he brought along his winning [...]

Investment Summit Hopes to Jumpstart Economic Rebound

Themed “Belize Open for Business,” Belize’s first Investment Summit took place this week in San Pedro. The initiative aims to jumpstart the rebuilding efforts, restoring the country’s ravaged economy, to [...]

Inter-American Development Bank President Addresses Belize Investment Summit

As we reported earlier, the IDB is providing Belize with a loan to assist in our strengthening of micro, small and medium sized businesses. IDB President, Mauricio Claver-Carone spoke virtually [...]

Cayo Grain Manager on Summit Panel

Also at day two of the Investment Summit today, General Manager of the Cayo Grain and Agro Supply Limited, Gilbert Canton Junior shared with the potential investors that the investment [...]

Leader of the Opposition Says Conservation Efforts and Blue Bonds Would Continue Under Future UDP Administration

During day one of the Investment Summit, News Five spoke with Leader of the Opposition, Patrick Faber about a number of issues, including the Blue Bonds. He reiterated statements made [...]

Minister of Tourism Says COVID Regulation Changes Will Help Reopen Economy

Last night we told you that new curfew hours, giving Belizeans additional time to be out at night, will be rolling out beginning November twenty-second.  Restaurants will also no longer [...]