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    Offshore Banking in Belize is Dead, Says Panamanian Offshore Lawyer

Offshore Banking in Belize is Dead, Says Panamanian Offshore Lawyer

“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 this week. Gottlieb represents several account holders of Choice Bank, whose banking license was terminated by the Central Bank in

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    BSI/ASR and Cane Farmers Rumble Over Money

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 mill. However, farmers maintain that while the investment is good, an outstanding issue regarding a controversial ocean freight charge needs

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    Chamber Concerned About Crime

Chamber Concerned About Crime

The Belize Chamber of Commerce and Industry (BCCI) has raised concerns over the increased crime, specifically robberies and burglaries, targeting business owners over the last few months, primarily in Belize City, but in other parts of the country as well. “Crime is everybody’s business, so everyone has to do their

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    CANE FARMERS SAY SUGAR IS SWEET…BUT PAYMENT IS SOUR !

CANE FARMERS SAY SUGAR IS SWEET…BUT PAYMENT IS SOUR !

Reporter: Thursday, July 26, 2018 – This week, cane farmers in Belize’s sugar belt received their second payment for cane delivered and sugar produced between December 2017 and July 2018, but what they took home was significantly less than what they expected. The farmers received different amounts in payments per

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    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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