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    Belizean Economy and International Obligations Part 3

Belizean Economy and International Obligations Part 3

In the last Business Perspective (BP) article we concluded with reference to the need for a proactive approach to the tax reform efforts. As was pointed out in that article, in many instances Belize finds itself virtually forced to make certain tax policy changes in response to one international obligation

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    BELIZEAN ECONOMY AND INTERNATIONAL OBLIGATIONS – Part 2

BELIZEAN ECONOMY AND INTERNATIONAL OBLIGATIONS – Part 2

REPORTER: News Staff, – January 4th. 2019 – “High trade taxes not only constitute a barrier to profitability and private investment, but they also impede investment in relatively desirable activities (activities of greater competitiveness and with higher social returns) more than other activities. Firms dedicate significant attention to obtaining exemptions

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HIGHER ELECTRICITY RATES FOR NEW YEAR’S CHEER

Belize Electricity Limited announced this week that the high cost of purchasing power from Mexico has forced the company to seek an increase in electricity rates from the Public Utilities Commission. BEL said that it made the formal submission to the PUC on Monday for an increase in the Mean

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BELIZEAN ECONOMY AND INTERNATIONAL OBLIGATIONS, Part 1

It has been no secret that the Belize Chamber of Commerce and Industry (BCCI) has been advocating in favor of a comprehensive tax reform for some time now. In large part, the BCCI’s advocacy is not based on whimsical notions, but rather is supported by multiple empirical research works and

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BELTRAIDE SHOW ENTREPRENEURS HOW TO ACCESS FINANCING

THE REPORTER: News Staff, –   The Belize Trade and Investment Development Service held a one-day workshop this week, showing Belizean entrepreneurs how they can access financing to start up or grow their businesses through Angel Investors. Angel Investor are also known as a business angels, informal investors, or angel funders,

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    SUGAR SALES DOWN, TOTAL EXPORT EARNINGS FALL

SUGAR SALES DOWN, TOTAL EXPORT EARNINGS FALL

THE REPORTER: News Staff, –   Revenue earned from sugar exports, Belize’s largest export earner, were down in the month of October, contributing largely to an overall decrease in export revenues of 5.1 percent, according to the Statistical Institute of Belize. The SIB’s latest External Trade Bulletin showed that export earnings

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    GOB SETTLES GLENN GODFREY LAWSUIT FOR $5 Mil.

GOB SETTLES GLENN GODFREY LAWSUIT FOR $5 Mil.

THE REPORTER:  News Staff, –   The Government of Belize has agreed to settle its ongoing legal battle in United States’ Courts with Glenn Godfrey’s GDG Acquisitions LLC, for $5 million. Prime Minister Dean Barrow raised the motion at the House of Representatives meeting on Friday that GOB settles the lawsuit

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    GLORY HALLELUJAH – REGULAR GASOLINE BELOW $10.00

GLORY HALLELUJAH – REGULAR GASOLINE BELOW $10.00

THE REPORTER: News Staff, –  For the first time in 2018, the price per gallon of Regular Gasoline has fallen below $10. The Belize Bureau of Standards announced that as of November 23, the Belize City pump price for Regular gas would go down from $10.63 to $9.95. Belizeans will

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