Foreign exchange is vital for a small, open economy like Belize. Trading goods with other countries requires foreign currency, making Belize’s foreign exchange assets crucial. According to Central Bank Governor Kareem Michael, the country’s foreign holdings are in good shape. Right now, the entire banking
Central Bank Governor Kareem Michael also highlighted the ongoing efforts with credit unions nationwide. Since 2005, when the Central Bank's governor was appointed as the registrar of credit unions and given regulatory and supervisory authority, Michael's team has been busy. They've been working hard to
A few months back, domestic banks decided to lower their ATM withdrawal fees and online transfer fees. They also cut costs for account closures, maintenance fees, and early loan payouts. However, they did hike up fees for over-the-counter withdrawals and cashing checks. But are banks
Tonight, an elderly woman from Belize City is reaching out for help to rebuild her life from scratch. Gertrude Hunter, a familiar name in the news, first caught our attention earlier this year when police officers tried to evict her from her home under a
A sixty-three-year-old Belize City woman has just received a new home from the Ministry of Infrastructure Development and Housing. But this isn't your typical starter home from the ministry—it's much larger. That's because she's not living there alone; she shares the space with her nine
A tragic road traffic accident in Bella Vista Village has left a man dead and a woman injured. The collision, which occurred on Wednesday night, claimed the life of 54-year-old TV repair technician Jose Samuel Hoppington. Hoppington was reportedly riding a red Skygo motorcycle toward Bella
An elderly Belize City resident, Gertrude Hunter, is reaching out for assistance after being evicted from her home earlier this year. She says she has been displaced just as the Christmas season approaches. Hunter, who first made headlines in February during an eviction attempt, has
Authorities have issued flood alerts across multiple regions in Belize, advising residents to monitor waterways closely and exercise caution as water levels fluctuate. Residents in Region 7 are cautioned to be vigilant, especially near waterways. On the Rio Hondo, decreasing flood stage levels are anticipated at
Eastern Caribbean nations face mounting climate risks, but the World Bank’s newly released Country Climate and Development Report (CCDR) identifies strategies to enhance resilience while advancing development goals. The report, prepared in collaboration with the Organisation of Eastern Caribbean States (OECS), focuses on Dominica, Grenada, Saint
The Belize Coast Guard today opened a spanking new station in Big Creek to improve its patrols along the sea and waterways in the southern part of Belize. The opening of the new building comes as part of a celebration of the Coast Guard’s nineteenth
