Business & Economy
Belize Bank’s parent company takes over Scotiabank
The days of Scotiabank Belize are officially over after Caribbean Investment Holdings Limited, Belize Bank’s parent company, completed the acquisition. On Wednesday, March 31st, throughout the country, teams of workmen were observed taking down the iconic Scotiabank sign. In San Pedro Town, the sign was replaced with a Belize Bank one.
Business & Economy
Businesses can face up to a $5,000 fine for violating COVID-19 regulations during Easter
The Honourable Kareem Musa, Minister of Home Affairs and New Growth Industries, warned businesses, such as restaurants, that they could face a $5,000 fine for COVID-19 regulation violations during the Easter weekend. He also advised against social events at hotels and other private accommodations and instead encouraged the Easter Safety Three W’s campaign- Wash hands, Wear your mask, and Watch your distance.
Business & Economy
Revival of the Rice Production Program for Toledo
Hon. Jose Abelardo Mai, Minister of Agriculture, Food Security and Enterprise, attended a special ceremony to commemorate the launch of the revival of the Rice Production Program in Toledo on March 25, 2021, at the Rice Mill in Big Falls Village.
Business & Economy
SPTC considers changes to trade license fees; millions not collected in property tax
The San Pedro Town Council (SPTC) is preparing to announce changes in trade license fees. Mayor Gualberto ‘Wally’ Nuñez indicated that their trade licenses assessment revealed that large businesses paid minimal fees, while others paid more. Nuñez added that there are some $12 million in uncollected property tax.
Business & Economy
Increased fuel prices have far-reaching effects on island economy
Many island residents are concerned about the constant increase in fuel prices in Belize and if it will reflect in the cost of living, as most of the island’s products are transported via barge from Belize City to San Pedro Town.
Business & Economy
Minister of Tourism Tours the Stake Bank Port Coral Project
Hon. Anthony Mahler, Minister of Tourism & Diaspora Relations, conducted a tour of the construction site of the Stake Bank Port Coral Project, a new cruise ship docking facility near Belize City on Friday, March 19th.
Business & Economy
Ministry of Agriculture Hosts Sheep Management Workshop
The workshop aimed to build capacity among local sheep producers by conducting training for farmers to improve sheep production rearing techniques for the overall development of the sheep and goat industry in Belize.
Business & Economy
Opening of Sea Cucumber Fishery Season
The Fisheries Department hereby informs fisher folks with a valid fishing license that the Sea Cucumber fishery will be open for fishing for the period of March 15 to June 30, 2021 or upon realization of the catch quota.