Tag Archives: 'finance'

$20 million for National Bank

$20 million for National Bank

BELIZE CITY–The House of Representatives approved a motion today for a further $20 million capitalization of the National Bank of Belize, in a transaction that will see the Government of Belize acquire 200,000 more shares to [...]

Dr. Alvaro Rosado refutes allegations of mismanagement of Fund

Dr. Alvaro Rosado refutes allegations of mismanagement of Fund

After being accused of gross financial mismanagement by one of its co-founders yesterday, Dr. Alvaro Rosado, president of the Ariel Rosado Memorial Education Foundation, flanked by the entire board of directors of the foundation, organized a [...]

Belize escapes sanctions with new anti-money laundering measures

The Caribbean Financial Action Task Force (CFATF) issued a statement Thursday saying that while it has decided to call for counter measures against Guyana over what it deems to be inadequate progress in the passage of [...]

Supreme Court lifts injunction from Coye family’s millions, frozen in money laundering case

Supreme Court lifts injunction from Coye family’s millions, frozen in money laundering case

Melonie and Marlene Coye walked out of the Supreme Court of Justice Sonya Young with broad smiles lighting up their faces, as they edged their way past reporters without saying much, following their court victory this [...]

PM in Washington to meet IDB prez

PM in Washington to meet IDB prez

According to a release from his office, Prime Minister Dean Barrow, who left the country on an 8-day personal/duty leave this past Tuesday, May 27, is currently in Washington DC, where he visited the president of [...]

OAS Sec Gen discusses Guatemala-Belize problems in advance of Sept. 19 meeting

OAS Sec Gen discusses Guatemala-Belize problems in advance of Sept. 19 meeting

Guatemala is due to host the Special General Assembly of the Organization of American States (OAS) on September 19, 2014, and OAS Secretary General José Miguel Insulza arrived there on Friday, May 16, to discuss plans [...]