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November 17, 2023

Public Service Union chides Social Security board over distillery loan

According to the Union, investments made by the Social Security Board (SSB) should include the calculus of improving overall the population's quality of life and provide [...]
November 15, 2023

Social Security moves ahead with loan to Belize Premium Spirits and Liquors Limited

But the leadership of the statutory board spoke to reporters on Tuesday to say that it has done its homework and that the investment is wise [...]
November 14, 2023

UDP objects to $9 million Social Security Board loan to little-known distillery company

The loan facility, per the notice, is for 12 years with two years’ principal moratorium. The purpose is to build a new distillery and purchase equipment [...]
November 13, 2023

Government lottery agency announces Boledo prices will remain the same as former owners drop potential lawsuit

Boledo is sold in ‘pieces’- such that a number costs five cents to buy. For instance, 20 pieces of a particular number will cost a dollar [...]
November 12, 2023

Financial Services Commission clarifies Belize’s position on virtual assets and cryptocurrency

On Friday, as we reported, Belize joined a group of countries worldwide in the OECD-created international standard for automatic exchange of information between tax authorities in [...]
November 10, 2023

Belize joins fellow cryptocurrency markets in implementing worldwide standard for asset reporting and regulation

A joint statement issued today states that the Framework, which establishes a common reporting standard (CRS) for crypto-asset reporting, will ensure tax compliance and clamp down [...]
October 29, 2023

Concerns over too much borrowing dominate debate in Senate on $14 million loan for blue economy project

They had another opportunity in the Senate on Thursday with a US$7 million (BZ$14 million) loan from the Inter-American Development Bank to execute a blue economy [...]
October 18, 2023

Trade licensing: Government promises strengthening village governance and facilitate economic growth by easing the cost of business

After a year-plus worth of consultations since the bill was introduced (also on a Friday, May 13), Requeña reported on the changes made. Fees will now [...]