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MONEY

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  • TEST OF BELIZE’S BANKING SYSTEM LOOMS The banking system of Belize is about to be tested in new and historic ways. An urgent application has been made by several companies to the Supreme Court in regards...
  • CWU and CENTRAL BANK SIGN NEW CBA REPORTER: Benjamin Flowers, - The Christian Workers Union has negotiated a new collective Bargaining Agreement with the Central Bank of Belize, allowing the security staff to get a 10 percent...
  • BELIZE BROKERAGES NAMED IN FIRST FATCA CONVICTION REPORTER: News Staff, - An investigation by US authorities into stock fraud involving multiple Belize-based brokerages has resulted in the first ever conviction for violation of the Foreign Account Tax...
  • $95M VOTE GOES TO THE HOUSE The Government of Belize has announced a Special Sitting of the House of Representatives this Friday, during which a vote will be taken on whether or not to pay the...
  • Offshore Banking in Belize is Dead, Says Panamanian Offshore Expert “The whole Belize financial system is dead for offshore operations. Nobody will trust a bank in Belize after this,” Panamanian offshore banking specialist, Dr. Giovanni Caporaso Gottlieb told the Reporter...
  • BSI/ASR and Cane Farmers Rumble Over Money Belize Sugar Industries/American Sugar Refineries (BSI/ASR), this week, announced a $40 million investment in the Tower Hill factory in Orange Walk to enhance capabilities and quality of production at the...
    Exports Down at Half-Year Mark

Exports Down at Half-Year Mark

Reporter: News Staff, July 26th. 2018 – Belize has made less money from exports for the first half of 2018 when compared to last year, according to the latest data released by the Statistical Institute of Belize. The SIB’s External Trade Bulletin, released on Wednesday, showed that Merchandise exports for

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    Prayers Answered for Fantasy 5 Winner

Prayers Answered for Fantasy 5 Winner

Reporter: Thursday, July 26, 2018 One week ago, Corozal resident Esquiliano Putil and his wife were worried about how they would pay their eldest daughter’s sixth form fees when the tamales-making business they operate did not yield enough revenue. His daughter encouraged him to purchase a Fantasy 5 ticket on

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    CENTRAL BANK GOV. STANDS UP TO PANAMANIAN LAWYER BULLYING

CENTRAL BANK GOV. STANDS UP TO PANAMANIAN LAWYER BULLYING

THE REPORTER: News Staff, Giovanni Caporaso Gottlieb, an offshore banking attorney based in Panama, in an open letter directed to Grant and Prime Minister Dean Barrow, alleged that the Central Bank Governor did not comply with the laws of Belize in relation to the Choice Bank situation. Gottlieb claims to

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    MIGHT BE, INVESTORS QUARREL OVER PROPOSED INTERNATIONAL AIRPORT

MIGHT BE, INVESTORS QUARREL OVER PROPOSED INTERNATIONAL AIRPORT

THE REPORTER: News Staff, Minister of State in the Ministry of Economic Development, Tracy Taegar Panton, confirmed to the Reporter on Wednesday that she had been contacted by two businessmen from the Cayman Islands regarding a proposed investment for construction of an international airport on Ambergris Caye; however, neither has

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    BIG PROJECTS, SIGNS OF KEY ECONOMIC GROWTH SECTORS IN BELIZE

BIG PROJECTS, SIGNS OF KEY ECONOMIC GROWTH SECTORS IN BELIZE

Exclusive – reporter.bz/business Reporter: MMB,  This is another true indicator of a general feeling of confidence in Belize’s economic development prospects, and especially the tourism sector. Because such projects are carefully studied by all stakeholders, especially the financial institutions and investors. Those financial institutions and investors require prospectus and reports

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    Fuel Price Down, But Going Back Up!

Fuel Price Down, But Going Back Up!

Benjamin Flowers: Staff Reporter Pump prices for fuel have changed 11 times this year, and that is generally bad news for consumers. But this week, for a change, there is some good news as the price of Regular fuel had dropped below $11. But the good news may be fleeting,

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    Remittance inflow dips, according to latest World Bank estimates

Remittance inflow dips, according to latest World Bank estimates

By Adele Ramos Freelance Reporter Remittances to Belize were projected to reach a record US$100 million in 2017, according to an earlier estimate published online by the World Bank, but more recent reports indicate that remittance inflows to Belize may have fallen last year from a reported US$97 million to

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    PUC makes final decision on light bill

PUC makes final decision on light bill

by: Benjamin Flowers After months of deliberation, the Public Utilities Commission announced today the approved rate of increase that Belizeans will be paying on their light bill. At a press conference held at the Best Western Belize Biltmore Plaza this morning, PUC Chairman John Avery, and Director of Energy Ambrose

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