Sunday, January 25, 2026

Business & Economy

Ashcroft demands BTL Payment in US dollars; Belize economy in crisis

the country is now being threatened, as Ashcroft has demanded that GOB must pay $70 million in foreign (US) currency towards the settlement BTL's acquisition.

United Kingdom’s Exit from the EU

On Thursday, June 23rd, a referendum changed the entire order of the European Union (EU); Britain voted to leave the EU by 52%.

BEL electricity rates increase

The new mean electricity rate of 36.99 cents per kilowatt-hour means an increase of 5.7%.

SIB releases quarterly report

On Wednesday, June 29th the Statistical Institute of Belize (SIB) released the first quarter report of the Gross Domestic Product (GDP) for 2016.

Fruta Bomba completely closes in Belize

Fruta Bomba, a foreign owned papaya company that was once one of the biggest employer in Belize, has officially closed its operations in Belize.

Mahogany Bay Village brings the Hilton Brand to Belize

Mahogay Bay Village is officially part of Hilton's soft brand Curio, which allows the hotels under its banner to remain authentic to its region and culture.

DFC hosts Green Technology Seminar

In seeking a green technological era for Belize, the DFC in partnership with the MOE and the Caribbean Community Climate Change Centre held a Green Technology Seminar.

San Pedro hosts first ever “Expo Tattoo Belize”

The first Tattoo Convention/Expo held on Ambergris Caye was a colorful success. Many talented artists left their permanent mark on islanders and visitors alike!