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

DFC Introduces a Special Line of Credit for Tourism Stakeholders

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 [...]

Government to Subsidize One Percent of DFC Loan Interest Rate

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 [...]

DFC’s General Manager Breaks Down Loan Programme

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 [...]

Final Day of Mitigation Hearing in Murder Trial of Mason Five

The courtroom of Justice Antoinette Moore was crowded today for the mitigation plea of William “Danny” Mason.  The families of the convicted men were in court for the second day [...]

Will the Decision of the Court be Appealed?

Back in December 2019, when the five men were found guilty of the beheading of Pastor Llewellyn Lucas, it was indicated that an appeal would be filed. Norman Rodriguez, attorney [...]

General Elections Before November? Not Likely

Back to the PM’s press conference, the last general elections were held in November 2015, and all indications so far are that the anticipated elections vote will not take place [...]

T-Notes Stall at US$20M, Despite Interest from Taiwanese Government

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 [...]

Ladyville Businessman Shot Dead During Robbery

A well-known businessman from Ladyville was brutally shot and killed on Monday night in a robbery that turned deadly.  It is second murder in that community in the past nine [...]

Mason Five Seeks the Mercy of the Court Ahead of Sentencing

William “Danny’’ Mason and four others, convicted for the beheading of Pastor Llewellyn Lucas, were escorted to the Supreme Court this morning well before nine o’clock.  The men have been [...]

Norman Rodriguez: “Twenty-five years minimum for a crime like this…”

Attorney Norman Rodriguez, who represents Ashton Vanegas, told the media late this evening, following the mitigation pleas, that the least he expects for his client is a sentence of twenty-five [...]

Will Mason Five Get Equal Jail Sentences?

According to Rodriguez, the number of years to be handed down by Justice Moore will succeed careful deliberation having heard the pleas of the convicted killers, as well as family [...]

Thieves Net $30K during Early Morning Heist

Not far from Ladyville where Orin Velasquez was murdered, in Lord’s Bank, brazen robbers also broke into a house.  The early morning heist netted thieves a reported thirty thousand dollars, [...]

Ministry of Health Bans Methanol Products from Mexico

The Ministry of Health is moving quickly to ban and recall a number of products, primarily hand sanitizers that originate from Mexico. These products have one thing in common, they [...]

Stalemate Continues Between P.B.L. and C.W.U.

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 [...]

B.C.C.I. Concerned About Implications of P.B.L.’s Closure

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 [...]

Fire Guts Two Properties through Duck Alley

Two houses were consumed by fire on Monday night, displacing as many as eight persons from two families. The fire erupted before eight o’clock and spread quickly, destroying the properties [...]

Jair Tamay is Executed at Ricalde Stadium in Corozal

There was an execution over the weekend up north where twenty-three-year-old Jair Tamay was fatally shot multiple times; his body was discovered at the Ricalde Stadium around six-thrifty on Saturday [...]

Official Report on Murder of Raymond “Snow” Jenkins

Three days before the execution of Tamay, there was another murder recorded in the Corozal District.  On July twenty-second, Raymond “Snow” Jenkins was shot dead inside his car in Carolina [...]

An Increasing Number of Gun Violence in Corozal

Since the murder of Jenkins, there have been two other shootings incidents in that northern district – one which occurred on Saturday night that left one person injured and then [...]

A Couple is Attacked During Armed Robbery in St. Matthew’s Village

Police were also called to Saint Mathews Village on the George Price Highway. Four armed men targeted Jacklyn’s Store in the village and stabbed its owner, Lionel Tobar and injured [...]

Is Domestic Dispute Behind PG Home Invasion?

A domestic dispute between a Punta Gorda resident and her spouse may have been the reason behind an aggravated burglary inside a hotel room over the weekend.  Police in that [...]

Shots Fired Near Illegal Border Crossing

Things got heated over the weekend along the Rio Hondo River. News Five confirmed that members of the Mobile Interdiction Team were shot at on Saturday evening. No injuries were [...]

Port of Belize Ltd.: “Facts Not Fiction, Process Not Politics”

The Port of Belize remains on security level two following the violence of last Wednesday when an unlawful protest turned ugly.  Today, P.B.L. was open for business, but there has [...]

A Suspected Arsonist is Charged for Lighting Tires Outside of Belize Bank

Suspected arsonist Kareem Arnold has been arrested and charged for setting fire to several used car tires on the Belize Bank property in downtown Belize City.  The incident happened on [...]

Mafia Father Yakup Sut, Elvin Penner and Fraudulent Nationality Documents

The infamous Won Hong Kim who illegally received a Belizean passport while sitting in jail, shed light on the illegalities taking place at the Immigration Department over the years. Kim [...]