Business & Economy
European Union’s sugar prices drop
The international sugar prices have decreased in the new sugar crop season, which has the Belize Sugar Industry (BSI) concerned.
Business & Economy
CCJ orders GOB to pay $88 million to Belize Bank
The Caribbean Court of Justice (CCJ) has ordered the Government of Belize (GOB) to pay a sum of $88 million plus interest and costs to the Belize Bank.
Business & Economy
Amended Stamp Duties Act comes into effect
On Wednesday, November 1st, the Government of Belize’ (GOB) Amended Stamp Duties Act came into effect.
Business & Economy
Michael Ashcroft accused of tax evasion in leaked Paradise Papers
British billionaire Lord Michael Ashcroft is once again in the headlines after being linked to another tax evasion scheme dubbed ‘Paradise Papers.’
Business & Economy
2017-2018 Queen Conch Fishing Quota is Set
To preserve the marine species Queen Conch (Strombus Gigas) the Belize Fisheries Department (BFD) has come up with 884,092 pounds as the Total Allowable Catch for the 2017-2018 season.
Business & Economy
BTB’s new Online portal speeds up tax payments and guest registration
Hoteliers can now submit their monthly accommodation tax returns and make payments online, through the Belize Tourist Board’s new Online portal.
Business & Economy
CCJ rules GOB to pay Ashcroft group US$78.16 Million compensation for BTL nationalization
GOB must pay US$78.16 Million to corporate partners of the Ashcroft Group by November 10, 2017, as compensation for the nationalization of Belize Telecommunications Ltd (BTL) in 2009.
Business & Economy
GOB makes first reduction in Fuel Prices
Following the Government of Belize’s commitment to reduce fuel prices after a record spike, regular gasoline has seen a reduction in price since Friday, October 6th.
