D.F.C. Steps in to Assist Tourism Stakeholders
The Prime Minister today announced a measure to assist the ailing tourism sector. The Development Finance Corporation has been tapped by government to assist with the financial recovery of the [...]
The Prime Minister today announced a measure to assist the ailing tourism sector. The Development Finance Corporation has been tapped by government to assist with the financial recovery of the [...]
The price of fuel is creeping up again. Regular fuel will go by forty-six cents at midnight on Saturday to retail at eight dollars per gallon. This is the second [...]
The pandemic has pushed employment numbers up and a full economic recovery will take time to occur. Most businesses project two years to be able to recover. Eighty-three thousand persons [...]
The massive relief effort to assist thousands of destitute families with food supplies during the economic hardship that has befallen the country since the initial wave of COVID-19 is ongoing. [...]
The PM said today that the Belize dollar remains strong. But while the foreign exchange position is holding, there is a need for additional foreign exchange in the very near [...]
Earlier today, Financial Secretary Joseph Waight sent out a circular reiterating government’s position on the forgoing of increments for public officers. In the bulletin which was issued to the Office [...]
COVID-19 has not only overwhelmed health systems and claimed the lives of one hundred thousand people, but it also continues to halt economies. An IMF Blog post in April states [...]
The tourism industry collapsed in a matter of days as a result of the COVID-19 pandemic. As far as it is known, one major airline, Southwest is not scheduled to [...]
The numbers from the Statistical Institute of Belize show that the economy shrunk considerably. It declined by four point five percent in the first quarter of this year. Prices of [...]
It’s been forty-five days since there has not been a confirmed case of COVID-19 recorded in Belize, a fact that has placed Belize in a unique health position on this [...]
While we were with the Belize City Mayor today, the media asked for an update on the revenue streams at the Council. In April when the state of emergency was [...]
A week after its leaders were arrested for holding an illegal protest, the FECTAB executive held a press conference in Belize City. And because of social distancing and the size [...]
As we reported on Thursday, FECTAB was founded in 2010 by Tom Greenwood, Yhonny Rosado, Troy Gabb and two others who have since defected from the organization. Gabb is now [...]
Is FECTAB a legally recognized organization, despite not submitting its articles of association and its by-laws to the Companies Registry for over ten years? Since its establishment in 2010, FECTAB [...]
The price of regular gasoline went down in April by just under three dollars per gallon when crude oil plunged to historic levels on the international market. But the savings [...]
We have been reporting on the economic woes of the transportation which has been battered by the COVID 19. A full recovery for the industry is a few years away, [...]
As it stands, the state of the bus industry will get worst in the weeks ahead before it gets any better. In the summer months passengers commute less than they [...]
Today, five of the BPOs in Belize shared their experience on how; they have been able to navigate the turbulent COVID-19 business climate. A few of the call centre lost [...]
The once booming tourism industry has been hardest hit as COVID-19 continues to wreck havoc to the economy. On Tuesday night, we reported that Tropic Air is cutting staff; today [...]
The cut backs are not exclusive to the domestic airline industry; every sector has had to make adjustments, including telecommunications. Over at Digi, a tiered approach to cuts in salary is [...]
As you have heard, the economy continues to shrink and with it, hundreds more join the unemployment numbers. Government is struggling with an astronomical monthly wage bill of forty-five million [...]
Still on the economic downturn…last week, Prime Minister Dean Barrow famously said that he intends to borrow and borrow to keep public officers employed. But the PM also warned that [...]
Minister of Education, Patrick Faber says that there will be cuts in some of the services that his ministry offers in the days ahead, as a matter of priority to [...]
And while public officers and teachers are forgoing their increments, will they face retrenchment? At his press conference last week, the Prime Minister said he will borrow as long as [...]
It is a big day of news. So we start with the negotiations between the Prime Minister, the Public Service Union, and the Belize National Teachers Union. That matter is [...]
