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How National Gas Company Came About

The inception of a national gas company, a public/private partnership involving the government, began with Belize Natural Energy Limited several years ago, under the stewardship of Doctor Gilbert Canton.  At [...]

The Idea to Build an LPG Depot in Big Creek

According to Canton, a complete study of the cost of acquisition of liquid petroleum gases from the U.S. Gulf Coast was subsequently conducted and through that exercise, they realized that [...]

A Public/Private Partnership for Local LPG Industry

The idea of a public/private partnership with the Government of Belize is based on similar models employed elsewhere in the region.  In this case, G.O.B. will have a twenty-five percent [...]

How Investors Were Chosen for NGCL

In July of last year, an agreement was signed with the Barrow administration formalizing the partnership and shareholders were sought thereafter.  Those investors include Michael Bowen, President of Bowen and [...]

Premium prices up by nineteen cents

Effective at midnight, the price of premium gasoline will be going up by nineteen cents per gallon. Consumers will be paying eleven dollars and thirty-one cents per gallon when they [...]

Bowen and Bowen says prices lower costs can lead to lower prices in butane

Last Friday, the Senate passed a bill paving the way for the new National Gas Company which is made up of a partnership between the government and a group of [...]

Senators Express Concerns over Liquefied Petroleum Gas Project Bill

The Liquefied Petroleum Gas Project Bill was today debated in the Senate. The Government and the National Gas Company have entered into an agreement which the Prime Minister has labelled [...]

Sarteneja Road Loan Motion Sparks Heated Debate in Senate

Today the Senate approved three loan motions totalling one hundred and forty eight million Belize dollars. The government borrowed fifty million U.S. dollars from the Taiwanese Government for the upgrading [...]

A US$14 Million Dollars Loan for Strengthening Tax Administration Project

The Senate also approved a fourteen million U.S. dollar loan from the Inter-American Development Bank. This chunk of money has been earmarked for the strengthening tax administration project. Monies will [...]

Economy Declines Marginally in 2nd Quarter of 2019

There has been a decline in the level of production between April to June of this year in comparison to the same period last year. According to the Statistical Institute [...]

Caribbean Shores rep votes against loan write-off to the son of the Cabinet Secretary

A House Committee met in Belmopan today. A small crowd gathered to protest the write-off of a debt owed to the government by Joshua Perdomo, the son of the Cabinet [...]

Business Senator weighs in on National Gas Company.

Having sailed through the House at its sitting on August sixteenth, the bill for the proposed National Gas Company goes before the Senate this coming Friday. The new company will [...]

GOB’s Decision to Write-Off Joshua Perdomo’s 40K Grant is Unfortunate, Says Patrick Faber

Deputy Prime Minister Patrick Faber says that government’s decision to write-off a forty thousand dollars loan issued to Joshua Perdomo, son of Cabinet Secretary, is unfortunate. Prime Minister Dean Barrow [...]

Business Bureau Chides National Gas Company as Worst Idea this Decade

The passage of a new piece of legislation which paves the way for the formation of the National Gas Company, via a public/private partnership to regularize the liquid petroleum gas [...]

Prices for Diesel and Regular Gasoline Take a Dip

At midnight on Tuesday August twentieth, the pump prices of regular gasoline and diesel will see a decrease. The prices for regular gasoline will decrease by forty three cents from ten [...]

Mark Jacobs – Making a Difference with Bamboo Straws

Bamboo grows just about everywhere in Belize. There are several varieties in the country, but what many people don’t know is that the bamboo is hailed as a super plant [...]

Innovate Belize 2019 Summit

The first ever Innovate Belize 2019 Summit was held at the Biltmore Plaza in Belize City. The focus of the summit is to foster opportunity by creating a platform where [...]

The Second Annual S.S.B. AGM

The second annual general meeting to be held by the Social Security Board since 1981 was convened today at the Best Western Biltmore Plaza in Belize City. Dubbed S.S.B. Connect, [...]

Will G.O.B. Take on Non-Contributory Pensions?

Now the increased contribution is not sitting well with many workers. Doctor Colin Young says that they ought not to look at social security as taxes such as GST and [...]

S.S.B. Going Digital

The Social Security Board is also going digital allowing persons to readily access information by the touch of their fingertip.  Doctor Colin Young says that the board is looking to [...]

Fuel Prices Increase Again

For the umpteenth time, consumers are being hit in their pockets with fuel increases. Premium gasoline will increase by as much as forty-nine cents going from ten dollars and sixty-three [...]

Belize Tax Service is Here

This morning at the Charles Bartlett Hyde Building, government officially launched the Belize Tax Service.  The amalgamated department aims to provide optimal services where GST and income tax are concerned.  [...]

Joe Waight Confirms Audit of B.T.L.’s GST Payments

An audit of Belize Telemedia Limited to determine whether it owes anything in taxes to the GST Department is underway and nearing completion.  Financial Secretary Joseph Waight is on record [...]

The Economic Outlook for June 2019

Turning to economic news, during the month of June 2019, imports into the country were down to one hundred and sixty-eight million, that is a one point four percent when [...]

Credit Master Systems Launches App

The Complaint Information System, or CMS, is an essential partner in the economic growth and development of Belize.  It is a collection agency that was established in 1993 by Maurice [...]