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July 1, 2020

BPP expresses concern over acquisition of Scotia Bank by Micheal Ashcroft

“This transaction would place over three-quarters of the net worth of the Banking Sector in the hands of one individual,” the BPP says.
July 1, 2020

Economic analyst suggests devaluing U.S. dollar

Speaking to CNBC on Monday, independent macro advisor Hugh Hendry said quantitative easing programs — where central banks buy assets like government bonds to inject liquidity [...]
July 1, 2020

Chamber of Commerce expresses concerns over Belize Bank/Scotiabank acquisition

Following Monday's announcement that Caribbean Investment Holdings Limited (CIHL), the parent company of The Belize Bank Limited, would acquire the shares of Scotiabank (Belize) Limited, pending [...]
June 30, 2020

Belize plans Economic Recovery Program: No to IMF, default on Superbond on the table

That plan is one of "domestic relief, consolidation and revival plan, anticipating that in the coming months, the shape of Belize’s economic recovery will crystallize."
June 30, 2020

Petrocaribe marks quiet 15th anniversary

And his successor Nicolas Maduro has pledged to "strengthen the regional energy mechanism in order to counter the U.S. economic blockade against his country," according to [...]
June 28, 2020
dean barrow pm of belize

Superbond: Belize cannot avoid payment entirely, Prime Minister says

The Government has cited the ongoing COVID-19 crisis as the reason, but while the bondholders have said they are willing to work with the Government, this [...]
June 27, 2020

Belize to receive funding from Inter-American Development Bank to help battle COVID-19

The IDB said that the funds are the result of a collaboration between it the Japan Special Fund, the Inter-American the Secretariat of the Council of [...]
June 26, 2020

Sea Cucumber season closes

Regulation 10 of SI No. 67 of 2009 reads as follows: No person shall fish for, or harvest, at any time in the waters of Belize, [...]
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