Economy, Banking & Finance

PM John Briceno to Receive Sovereign Debt Restructuring of the

Prime Minister John Briceno is currently in New York City where he met with the
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BCCI President says employees are doing what they can to

President of the Belize Chamber of Commerce and Industry, Marcello Blake says that employers, who
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The BCCI establishes draft Campaign Financing Legislation Bill

The Belize Chamber of Commerce and Industry (BCCI) is hoping to introduce a bill geared
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GOB Launches Strategic Plan to Create a Better Future for

The Government of Belize through the Ministry of Economic Development launched the Medium Term Development
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Briceño Administration Plans Budget for New Fiscal Year

These coming weeks are crucial for the Briceño Administration to outline a budget for the
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AmEx and Belize Bank team up to improve customer experience

Belize Bank Limited and American Express have announced their partnership, which now allows for credit
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Belize Bank’s AmEx relationship: a sign that the tide is

At the Belize Bank launch of its renewed partnership with American Express, we inquired whether
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Belize Bank and American Express Team Up

Belize Bank Limited announced this morning that it has signed an agreement with American Express,
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Belize is doing its part to respond to global challenges

Belize’s Government is in the process of reviewing policies related to money laundering, the financing
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City Hall owed over thirty million in back taxes

Thirty million dollars- that’s how much is owed to the Belize City Council in property
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PM Briceño Weighs in Two Weeks after the Implementation of

For some employees this week will be their first pay cheque after the implementation of
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Inflation Rate is 6.2% compared to 2021; SIB says food,

The Statistical Institute of Belize says that the inflation rate is 6.2 percent. That means
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Unemployment down to 5 percent, says Statistical Institute

Unemployment is at 5 percent. That’s according to the Statistical Institute of Belize following its
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The Census is almost done; SIB is working to meet

Belize’s population is estimated at some 444,802 people but a more definitive figure is where
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Heritage Bank responds to phishing challenges

The phishing scam, which has been made public in recent days, has led one commercial
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Opposition Leader says Minimum Wage should have increased to 10

On January 1, the minimum wage increased from three dollars and thirty cents to five
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Revisiting the minimum wage discussion

We reported last week that the Government’s plan to increase the minimum wage to five
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Higher Retirement Age Could Mean Higher Retirement Benefits

The current age of retirement is from fifty-five to sixty-five, but with an increased rate
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PM Briceno says Oceana should focus on what’s important

Tonight, Prime Minister John Briceno is reiterating the government’s position that there will be no
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Five dollar minimum wage to be implemented on January 1

The Government of Belize is hoping to implement a five-dollar minimum wage at the start
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Senate examines fresh budgetary supplementary Bill

Senators debated the General Revenue Supplementary Appropriation Bill Number 4 Bill. It was tabled in
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Tertiary Level Students and MSME’s To Benefit from Loans through

On Monday the Government sought approval for a six million US dollar financing from the
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GOB Tables Fourth Supplementary Appropriation Bill

During the final Sitting of the House of Representatives for this year, a fourth Supplementary
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LOO Says GOB’s Loan Motion Was No Surprise

Leader of the Opposition, Moses “Shyne” Barrow, was quick to rise to criticize Prime Minister,
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Chamber reiterates position for a phased-in approach to minimum wage

The Belize Chamber of Commerce and Industry has reiterated its calls for a phase-in approach
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Belize can meet its targets and obligation under the Blue

Yesterday, we reported that Belize received accolades for the successful negotiation and agreement on the
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Businessman Welcomes Increase in Minimum Wage

Government’s plan to increase the minimum wage to five dollars is expected to come into
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2023 Will Be Defining Year for 2023

And on the topic of inflation, businessman Santiago Santi Castillo spoke about the state of the
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DOE Rejects Port of Belize Port Expansion Project

This evening, the Department of the Environment has announced that it will not be giving
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Belize City Family Receives New House

Tonight, a family of six will be spending their first night in a safe and
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NTUCB Pres says that minimum wage formula should have been

Years ago: that’s how long since the NTCUB says a minimum wage formula should have
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PM Briceño Says No Seismic Testing for Now

Prime Minister John Briceño says no seismic testing plans are set in stone. However, he
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Will Rejection of Waterloo’s Project Prompt a Legal Battle?

Can Waterloo Investment Holdings mount a legal battle after the Cruise Tourism Facility and Cargo
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$5 Minimum Wage to take effect January 1, 2022

It is expected that at the start of the New year, in January 2023, the
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Orange Walk’s Tacos Fest A Success!

The annual Tacos Fest returned for the first time in two years in Orange Walk
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GOB Addresses Dairy Price Increase

As we reported yesterday, dairy products are the next items on store shelves that will
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The BBS is pushing forwards with the implementation of EELS

The Belize Bureau of Standards (BBS) is moving full steam ahead with its Energy Efficiency
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PUC Gives A Breakdown of How Utility Rates Are Set

The Public Utilities Commission of Belize (PUC) held a media session this morning to share
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Minister of the Public Service weighs in on the restoration

Tonight, the CEO of the Ministry of Economic Development, Dr. Osmond Martinez is defending the
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The cost of goods are soaring

Common, everyday things are getting more expensive. From food to fuel and everything in between
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Minister of Agriculture Says Better Safe than Sorry After Bird

Yesterday Love News broke the story that there was no avian influenza in the country,
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Hurricane Lisa Damaged Chicken Barns

Hurricane Lisa devastated Belize City and parts of rural Belize District. Lisa made landfall as
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Message from Holy Redeemer Credit Union

To: All member-owners of HRCU From: Management and Staff The “all clear was given around
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GOB Launches Maritime Economy Plan

The Government of Belize Launched the Maritime Economy Plan today. This plan defines policies and
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Belize Bureau of Standards Advises Consumers

In light of Tropical Storm Lisa, the Belize Bureau of Standards takes this opportunity to
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PM Briceno Responds to PSU’s Concerns on CEO Allowances

The Public Service Union yesterday called on the government to unfreeze public officers’ increment. This
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Cabinet Secretary defends the restoration of CEO allowances

Tonight, Cabinet Secretary Stuart Leslie is defending the restoration of all allowances for government CEOs.
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Poultry prices to increase nationwide on Monday

Come Monday the prices for poultry products will see a significant increase nationwide. Effective, October
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Allowances for Government CEO’s Fully Restored

Allowances for government CEOs have been restored to one hundred percent. That was confirmed today
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Business Senator talks about the upcoming minimum wage increase

Come 2023, the minimum wage will increase to 5 dollars per hour. It’s a promise
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PM says IMF is happy with Belize’s handling of its

Representatives of the International Monetary Fund (IMF) are in Belize meeting with Government leaders. It’s
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Cacao Farmers in Toledo export tons of Cacao beans to

The Maya Mountain Cacao Limited exported almost 100,000 pounds of organic cacao beans to the
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BSFCA says that a late start to the sugar crop

When does the new crop season officially start? A date has not yet been finalised
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Caribbean International Brewery Company Loses Distributors

The attorney for Caribbean International Brewery Company, Senior Counsel Dean Barrow is preparing to sue
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$3M Court Case Continues Next Week

The case remains before Orange Walk Magistrate Deborah Rogers and is expected to resume next
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SC Dean Barrow Comments on CIB’s Large Amount of Cash

Barrow goes on the explained that having such a large amount of money on the
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Belize meets with reps of international lending institutions including IMF

A delegation from Belize, led by Minister of State in the Ministry of Finance, Economic
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