Business & Economy
US Currency Control green lights Belize banks
Prime Minister Barrow’s mission was to resolve the difficulties banks in Belize were having in maintaining correspondent banking relationships with U.S. banks to handle U.S. currency transactions.
Business & Economy
PM Barrow visits the USA to address issues within the banking sector
Prime Minister Honorable Dean Barrow departed for Washington, DC, USA to attended meetings with key senior officials of the United States Federal Government and of the US banking monitoring systems on the problems being faced by the Belizean banking sector.
Business & Economy
Belize banking sector still suffering over ‘de-risking’ strategy: Scotiabank and Atlantic Bank retain US correspondence
The Belize banking sector took a hit in 2015 following a ‘de-risking’ strategy forced on the United States of America’s (USA) banking industry by federal regulators.
Business & Economy
Concerns raised over EIA plans for DiCaprio’s Blackadore Caye, Belize
The development plans for DiCaprio's Blackadore Caye were made public in Belize, and an environmental consultation took place on January 14th to field questions and concerns regarding those plans.
Business & Economy
Failure to declare funds leaves August Tabony detained in Honduras for six days
On Tuesday, January 5th, Honduran authorities apprehended Belizean businessman, August Tabony for failing to declare $16,490US upon entering the country. Six days later, on...
Business & Economy
SPTC takes responsibility for Sunset Boardwalk
It has been almost two years since the Sunset Boardwalk and Water Taxi Terminal Project was completed. The project was founded through a $6...
Business & Economy
Supreme Courts denies entrance of Guyanese Rice into Belizean Market
Since Thursday, December 17th, Jack Charles (Jitendra Chawla) has tried to clear the release of three containers of Guyanese rice from Big Creek Port....
Business & Economy
Bowen and Bowen experiencing product shortage
Over the Christmas holidays, residents observed long lines at the Bowen and Bowen distribution center in southern San Pedro Town. Businesses and residents alike...
