Will Trade Agreement Help?
Channel 5 Belize

According to Juarez, there are instances where prices on the shelves at the free zone aren’t as eye-catching as they are across the border.  While he could not provide an [...]

Mexico’s Gain is Free Zone’s Loss
Channel 5 Belize

Business at the Commercial Free Zone continues to be affected by Mexican consumers purchasing goods and services in their homeland, instead of shopping in Belize.  The exclusive business location was [...]

Attitudes Must Change on Campaigning and Financing
Channel 5 Belize

What was once whispered about has now, in some quarters, been stated openly: no money, no vote! With municipal elections two weeks away, it is open season for vote-buying or [...]

Goodbye to Scotiabank in Placencia, Spanish Lookout
Channel 5 Belize

Scotiabank is closing two of its branches. In a release issued today, the Bank says that it will be closing the Spanish Lookout Branch effective April twentieth and the Placencia [...]

‘No Money No Deh’ for Fees nor Vehicles, Laments Education Minister
Channel 5 Belize

While with the Deputy Prime Minister today, he was asked about a report that his ministry will be spending two point one-three million dollars on school fees for selected persons [...]

Jane Usher Boulevard Families to Benefit from Urban Greenhouse
Channel 5 Belize

A novel project that will provide sustenance as well as income to participating families kicked off today at the YMCA compound. It is named the Port Loyola Urban Gardens Greenhouse [...]

Budget “Ninth a March;” Will It Be Any Different?
Channel 5 Belize

The budget for the 2018 fiscal year is expected to be presented before the House of Representatives in early March, weeks before the start of a new financial calendar.  The [...]

Bankers Tout Sponsored Infrastructure Improvements, Advise Belize on Controlling Debt
Channel 5 Belize

Belize recorded just a half a percentage point increase in GDP in 2017, and projects about one point five percent, hampered by increases in debt. But still, the C.D.B. remains [...]

The Liquidation of the Civil Service Credit Union
Channel 5 Belize

In April of 2016, the Central Bank of Belize announced plans to liquidate four credit unions across the country. These were the Citrus Growers and Workers’ Credit Union; Mount Carmel [...]

Town Councils Heavily Indebted to S.S.B.
Channel 5 Belize

With elections four weeks away, all eyes are how town councils have been performing in the different municipalities.  Today, News Five learnt that at least three councils are heavily indebted to the Social...

Finance Minister Claims Immunity in CLICO Case
Channel 5 Belize

On Tuesday, we reported that a group of former holders of premium annuities with the defunct Colonial Life Insurance Company (CLICO) took an appeal of previous judicial decisions to the [...]

Trade Deficit Tightens but Prices Go Up
Channel 5 Belize

The Statistical Institute of Belize report for December shows both imports and exports down.  Belize imported goods valued at one hundred and sixty-seven million dollars or zero point nine percent [...]

G.O.B. Blamed, but Legislation Provides Immunity
Channel 5 Belize

The total liability at the time of the CLICO shutdown was about four million dollars, but the Government is not inclined to pay as the claimants are asking them to. [...]

7 Years Later, Former CLICO Policyholders Take Case to C.C.J.
Channel 5 Belize

In August of 2009, the local portfolio of the former Colonial Life Insurance Company (CLICO) was handed over to RF&G Insurance, completing the demise of the company which had sustained [...]

N.G.O. Senator Joins in on Government Condemnation
Channel 5 Belize

Earlier we heard from Private Sector Senator Mark Lizarraga on dated government expenditure that has just gone before the senate.  Senator Osmany Salas, who represents the N.G.O. community, also spoke [...]

Things Look Better, But Not Much, Foreign Forecast Says
Channel 5 Belize

For those still wondering if the best is yet to come going into an election year, The Economist Intelligence Unit says not quite. Its quarterly economic forecast predicts a return [...]

Butane Prices to Go Up, But Not Till March
Channel 5 Belize

Brace yourself for another increase in butane prices. That’s the official word from the government following eight days of negotiations with Liquid Petroleum Gas Importers: BWEL, Gas Tomza and Zeta [...]

Give Me a Break, Say San Carlos Farmers on Loans
Channel 5 Belize

On Tuesday News Five showed you firsthand the hopes and dreams of farmers in the San Carlos area of Orange Walk, who are hoping they will be able to get [...]

After Short Price Hike, Importers Holding Butane Hostage?
Channel 5 Belize

Last Friday, the price of LPG went up by seven dollars per hundred pound cylinder. While that increase kept supply of butane going, there is information of an impasse between [...]

Farmers Punished with High Prices Despite Innovative Uses of Fuels
Channel 5 Belize

You probably grumbled a bit recently when it was announced that prices for kerosene, premium and diesel fuel and butane went up. But while most urban Belizeans get butane for [...]

Estevan Bol Swims with the Fish
Channel 5 Belize

Twenty-six-year-old Estevan Bol has turned his hobby into his full-time job. He had always been fascinated by fish, owned small fish aquariums and subsequently taught himself all there is to [...]

Butane Gas Takes Hike
Channel 5 Belize

If you plan to fill your one-hundred pound gas tank tomorrow in Belize City then plan to fork out seven dollars more than what you have been paying. It will [...]

Did Belizeans Confuse Tsunami Threat for ‘Spring Tide?’
Channel 5 Belize

Adding to the frenzy following the offshore tremor was the perceived recession of seawater ahead of a resulting tsunami.  As we said, it turns out that a phenomenon known as [...]

Premium, Diesel Prices Spike Tonight but Regular Down
Channel 5 Belize

Five days into the New Year, there’s news that consumers don’t want to hear.  Fuel prices are going up at midnight so hurry up to the gas station. Today, the [...]

Strengthening Employment Opportunities for Young Women and Men in the Caribbean
Channel 5 Belize

The Food and Agricultural Authority undertook a project with the Government of Belize to promote entrepreneurship in agriculture among rural youth. The project called ‘Learning Route’ took a group of [...]

SIB Report: Imports Down in November
Channel 5 Belize

The Statistical Institute of Belize has released the latest figures in three categories, including the External Trade Bulletin, the Consumer Price Index, as well as the Labor Force.  This information [...]

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