Corozal Free Zone at a Standstill Months after Pandemic Induced Closure
The borders in the north and west are closed indefinitely. To the north, Mexico is placed at number three globally for the explosion of the corona virus. Quintana Roo is [...]
The borders in the north and west are closed indefinitely. To the north, Mexico is placed at number three globally for the explosion of the corona virus. Quintana Roo is [...]
COVID-19 has disrupted commercial activity for many entrepreneurs at micro, small and medium levels. A majority of those are part of the cross-section between tourism and agriculture and as many [...]
As COVID-19 cases go up in the country, economic activity continues to slow down and everywhere, businesses are struggling to stay afloat. The government has rolled out a plan to [...]
According to Urbina Junior, A and R Enterprises has seven branches across the country. The company employs over two hundred persons. If the country goes in another lockdown, A and [...]
Almost fifty thousand persons have applied for unemployment relief through the Government of Belize amid the COVID-19 pandemic. As part of the second phase of the programme, workers who have [...]
Financial assistance being provided for micro, small and medium enterprises, through BELTRAIDE, another of government’s COVID-relief initiatives, hasn’t been without its snags. According to Doctor Leroy Almendarez, Executive Director of [...]
Similarly, the Unemployment Relief Program, in its first phase, also ran into problems with the system being used. According to Doctor Carla Barnett, the biggest hiccup involved the inputting of [...]
The economic downturn caused by COVID-19 continues to affect the business sector. The mainstay, the tourism industry, crumbled causing massive unemployment once the pandemic began to spread. Flights resume at [...]
The guest speaker at the Belize Chamber of Commerce and Industry’s AGM on Thursday night was Prime Minister of Barbados, Mia Amore Mottley. PM Mottley spoke on the challenges of [...]
That statement was made this morning at a press conference when Prime Minister Barrow announced that government, through the Development Finance Corporation, DFC, is rolling out ten million dollars for [...]
According to Prime Minister Dean Barrow, so as to be able to lend the monies at a six percent interest rate, government has to subsidize one percent or one hundred [...]
The DFC loans, says General Manager Natalie Goff, are to be used as working capital and part of the company or business’ eligibility requires that thirty percent of staff must [...]
But the government coffers are not full and since introducing an initiative to raise thirty million U.S. dollars through treasury notes in early June, the Central Bank of Belize has [...]
A ten million U.S.-dollar loan motion was today approved by the Senate. The loan is from the OPEC Fund for International Development to provide financial support on concessionary terms to [...]
Responding to the criticisms and concerns was U.D.P. Senator Michael Peyrefitte. Peyrefitte told the senators that they failed to focus on the loan motion. Michael Peyrefitte, U.D.P. Senator “Mister [...]
On the economic front, consumer prices were up by zero point two percent in June 2020, according to the latest bulletin published by the Statistic Institute of Belize. For the [...]
The government, via the Lotteries Tender Panel, awarded Brads Gaming Group Limited a license to continue to administer the lottery for an additional ten years. The People’s United Party has [...]
Also brought before the Senate today was a supplementary budget for the current financial year. The motion appropriated several hundreds of thousands of dollars for different projects and initiatives including [...]
The stalemate involving the Port of Belize and the Christian Workers Union continues tonight and another day went by without loading and unloading of cargo which means that the shrinking [...]
The P.B.L. also welcomes the statement of the B.C.C.I. that was released earlier today. The Belize Chamber of Commerce is calling on the parties involved to go back to the [...]
All over the country, businesses have been choked by the COVID-19 pandemic. Most have been shifting their way of doing business to be able to stay in the market. Tonight, [...]
On Monday night we showed you fifteen participants, majority fisherfolk from the Turneffe Atoll Marine Reserve, who became certified in an introduction to seaweed farming. Those fisherfolk want to supplement [...]
The Belize City Council is getting ready to launch the second tranche of its Belize Accelerator Programme. One month ago, the programme was launched to provide training and equipment to [...]
A group of at-risk young men involved in various programmes will join the employment pool having completed a training programme with mediator Nuri Muhammad through his organization, Innadynamics Consultancy. The [...]
As the situation played out on its compound, the Port of Belize issued a release stating that at eleven o’clock it was obliged to proceed to terminate thirty-six employees due [...]
