分类: business

  • BHTA chair warns next government on legislative reform

    BHTA chair warns next government on legislative reform

    With Barbados’ February 11 general election approaching, tourism industry leader Javon Griffith has presented an urgent reform agenda for the incoming administration, simultaneously warning that geopolitical tensions originating from the United States threaten the island’s most critical tourism market.

    Griffith, Chairman of the Barbados Hotel and Tourism Association (BHTA), identified two legislative priorities requiring immediate attention. First, he demanded the formal integration of residential tourism companies—specifically car rental firms—under the Tourism Act, arguing their economic significance has surpassed their current regulatory classification under the Ministry of Transport and Works.

    “Bringing car rental firms under the Tourism Act would formally recognize them as integral components of the tourism ecosystem, alongside hotels and restaurants, reflecting their substantial contribution to the industry,” Griffith stated. He emphasized that administrative oversight should transfer to the Ministry of Tourism to align regulatory framework with economic reality.

    Second, the BHTA chairman called for urgent reform of duty-free concessions for hospitality businesses approaching the expiration of their statutory 15-year benefits window. Griffith advocated for either expanding existing concessions or completely redesigning the legislative framework through new parliamentary legislation to ensure continuity for affected establishments.

    These demands emerge against a backdrop of growing industry anxiety over external geopolitical factors. Recent disruptions to Caribbean airspace during US military operations against Venezuelan leadership resulted in significant flight cancellations and delays at Grantley Adams International Airport, stranding passengers and highlighting the vulnerability of Barbados’ tourism sector to international political developments.

    Griffith expressed particular concern about US foreign policy directions, noting that the United States has recently surpassed Britain as Barbados’ primary source market. “The US market is pivotal to our continued growth,” he stressed. “It’s the fastest-growing market currently, and we cannot afford regression after the substantial efforts invested by Barbados Tourism Marketing Inc.”

    The BHTA maintains weekly coordination with tourism authorities to strategize for upcoming 2025/26 winter and summer seasons, with additional collaboration planned with the National Cultural Foundation to leverage events like the Crop Over Festival as summer tourism drivers. Griffith emphasized that these critical discussions will continue with whatever government emerges from the upcoming election.

  • Cabinet Awaits Final Consultations on BTL–Speednet Deal

    Cabinet Awaits Final Consultations on BTL–Speednet Deal

    BELMOPAN, BELIZE – January 20, 2026 – Belize Telemedia Limited (BTL) executives underwent extensive deliberations with the Cabinet today regarding their proposed acquisition of Speednet. The high-stakes presentation lasted over three hours as BTL leadership detailed their consolidation strategy before government officials.

    This meeting represents the latest phase in BTL’s comprehensive stakeholder engagement process, which has included discussions with the Social Security Board, the Communications Workers’ Union, and the National Trade Union Congress of Belize (NTUCB). Following the lengthy session, Cabinet officials announced they would withhold final judgment until BTL completes its full consultation round with all relevant parties.

    BTL Chairman Markhelm Lizarraga expressed confidence following the presentation, stating the team effectively addressed governmental concerns regarding the telecommunications merger. “I think it went very well,” Lizarraga told reporters. “Cabinet was very engaged. They had numerous questions, and we provided thorough explanations for our proposed consolidation.”

    The chairman emphasized that as a nationally-owned utility, any benefits derived from the merger would ultimately serve the Belizean public. Lizarraga outlined the strategic rationale, noting that eliminating redundant infrastructure and operational inefficiencies would enhance revenue generation capabilities while strengthening Belize’s digital infrastructure.

    When questioned about mounting pressure from social partners demanding his resignation, Lizarraga remained defiant, stating he serves at the pleasure of the Prime Minister rather than responding to external stakeholders. The chairman maintained unwavering confidence that his presentation resonated positively with Cabinet members, citing the engaged nature of the extended discussion.

  • BTL Labels Media as Essential Services

    BTL Labels Media as Essential Services

    In a significant policy shift, Belize Telemedia Limited (BTL) has officially reclassified media organizations as essential services. Chairman Markhelm Lizarraga announced the decision on January 20, 2026, directly addressing recent concerns about potential censorship through service disconnections.

    The classification change follows a contentious incident where Channel 7 was mistakenly disconnected due to an automated billing system error. Lizarraga confirmed the company had issued a formal apology letter to the media outlet after reviewing internal records that verified the erroneous disconnection.

    Under the new essential service designation, media houses will now receive personalized courtesy calls from BTL before any potential disconnection for nonpayment occurs. This procedural overhaul represents a departure from the company’s fully automated billing system, which previously disconnected services automatically upon payment delinquency without human intervention.

    Lizarraga emphasized that the policy adjustment aims to safeguard information flow rather than restrict it. “It is not the policy of government and it is not the policy of BTL to unplug anybody,” he stated during the announcement, acknowledging the serious concerns raised by media representatives.

    The essential service category already includes hospitals, police departments, and other critical infrastructure entities that receive special billing considerations. Media organizations will now join these prioritized services, ensuring continuous operation even during billing disputes or administrative delays.

    This development comes one week after three major media outlets held a press conference expressing concerns about potential censorship through utility disconnections, indicating BTL’s responsive approach to these apprehensions.

  • Chebat Responds as GOB Moves to Freeze Telecom Rates Amid Buyout Questions

    Chebat Responds as GOB Moves to Freeze Telecom Rates Amid Buyout Questions

    The Belizean government is taking preemptive measures to protect telecommunications consumers amid ongoing discussions about potential industry consolidation. Public Utilities Minister Michel Chebat has clarified the government’s position regarding a proposed Statutory Instrument that would freeze telecom rates during any transitional period.

    Minister Chebat emphasized that the preparation of this regulatory framework does not indicate a finalized decision on the widely discussed merger of telephone companies. “Cabinet has not made a position,” Chebat stated during recent discussions. “We are waiting for the process to take place. We understand there are some consultations going on and we want to allow that to happen first.”

    The proposed legislation, currently being prepared by the Public Utilities Commission (PUC), would establish consumer protections including a prohibition on rate increases, changes to service bundles, and unauthorized subscriber transfers between rate plans during any transition. The instrument must pass through the Attorney General’s office before reaching Cabinet for approval.

    Chebat characterized the measure as prudent regulatory preparation rather than an endorsement of consolidation. “As the regulator, I think PUC has to prepare for every eventuality,” he explained, noting that the proposal is already being publicly discussed. This approach suggests the government is maintaining a neutral position while ensuring consumer interests are protected regardless of industry developments.

    The clarification comes following a presentation to Cabinet by Belize Telemedia Limited (BTL), which Chebat described as “thorough” but insufficient to form a government position without further consultation processes.

  • Former BPO Worker Exposes Scam Pipeline

    Former BPO Worker Exposes Scam Pipeline

    A sophisticated credit card fraud operation originating from within Belize’s Business Process Outsourcing (BPO) sector is systematically draining thousands of dollars from local businesses, according to an explosive investigation. In an unprecedented disclosure, a terminated BPO employee has come forward anonymously to detail the intricate mechanics of this widespread scam, speaking only after the business he defrauded cleared his outstanding debt.

    The former agent, whose identity remains protected, revealed how call center employees exploit varying security protocols across different BPO facilities to harvest sensitive payment information. While some centers employ advanced PCI compliance measures that automatically mask customer data, others maintain inadequate safeguards that enable agents to copy and transfer financial details during live customer interactions.

    “The effectiveness of security systems varies dramatically between call centers,” the source explained. “Some utilize number-masking technology that replaces digits with X’s, while others merely mute sensitive information during quality assurance reviews. This creates vulnerabilities that sophisticated agents exploit by simultaneously copying data onto blank pages or utilizing phone applications that automatically sync stolen information to personal devices.”

    Despite comprehensive surveillance and supervisory oversight, the former employee described how agents with exemplary performance records and low-profile behavior often evade suspicion. His own termination came only after a defrauded business connected the fraudulent transactions to his activities, though surprisingly no criminal charges were filed.

    The scale of data theft appears staggering, with the source admitting to accumulating “lot, lot, lot” of credit card numbers—so many that he lost count. The theft process itself can occur within minutes during routine customer service calls, often disguised as extended customer engagement to verify purchase details.

    Perhaps most alarmingly, the stolen financial information has spawned an underground economy within the BPO sector. Agents reportedly use purloined credit cards to purchase group meals for colleagues while pocketing cash payments from coworkers. More disturbingly, this sensitive data is now being traded on the streets, with the source noting that some call center employees with gang affiliations actively participate in these illicit markets, often influenced by what he termed “scamming music” that glorifies financial fraud.

    These revelations highlight critical vulnerabilities in Belize’s growing BPO industry and raise urgent questions about data protection standards, employee screening processes, and regulatory oversight as businesses continue absorbing substantial financial losses from these sophisticated operations.

  • BTL Presents SpeedNet Acquisition to Cabinet

    BTL Presents SpeedNet Acquisition to Cabinet

    Belize Telemedia Limited (BTL) formally presented its acquisition proposal for telecommunications provider SpeedNet to the Belizean Cabinet on January 20, 2026. The presentation follows extensive consultations with key stakeholders including the Social Security Board and the Belize Communications Workers’ Union.

    Government officials confirmed they will publicly announce their position after BTL completes its ongoing consultation round. The meeting featured detailed discussions about the proposed consolidation’s implications for the nation’s telecommunications landscape.

    BTL Chairman Markhelm Lizarraga expressed optimism following the cabinet presentation, stating: “The session progressed exceptionally well with highly engaged cabinet members. We comprehensively addressed their inquiries regarding our strategic rationale and demonstrated how this consolidation would deliver substantial benefits to the Belizean people as primary stakeholders.”

    Lizarraga emphasized that since BTL is citizen-owned, any advantages derived from the acquisition would directly benefit Belizeans both as owners and consumers of enhanced telecommunications services.

    Michel Chebat, Minister of Public Utilities, Energy and Logistics, characterized the presentation as thorough while clarifying that no definitive decision has been reached. Notably, the Public Utilities Commission (PUC) is preparing a Statutory Instrument to safeguard consumer interests during any transition period. This regulatory measure would mandate unchanged service rates and bundles, preventing unilateral subscriber plan modifications unless expressly requested.

    Addressing monopoly concerns, Minister Chebat highlighted the competitive broadband market, noting approximately 23 other providers currently operate within Belize, suggesting the acquisition wouldn’t establish market dominance.

  • EXCLUSIVE: Former BPO Worker Speaks with News 5 on Credit Card Scam

    EXCLUSIVE: Former BPO Worker Speaks with News 5 on Credit Card Scam

    A sophisticated credit card scam originating from within Belize’s Business Process Outsourcing (BPO) sector has been uncovered, causing significant financial losses to local enterprises. News Five has secured an exclusive testimony from a former call center agent directly involved in the fraudulent operations before their termination.

    The whistleblower detailed how agents systematically exploit lax enforcement of Payment Card Industry Data Security Standards (PCI DSS). During routine customer service interactions, employees employ simple but effective techniques to capture payment card information while handling live calls.

    According to the insider, the stolen data is rapidly transferred to personal mobile devices within minutes of acquisition. This breach occurs during normal service operations, making detection exceptionally difficult for monitoring systems.

    An intensive week-long investigation has revealed that compromised card details circulate widely through underground networks. The information fuels various illegal activities including food purchases, street-level sales, and connections to organized gang operations.

    Prime Minister John Briceño addressed the crisis on Monday, emphasizing the government’s dual commitment to protecting both the vital BPO industry and affected local businesses. The sector represents a cornerstone of Belize’s economy, employing over 20,000 citizens and generating approximately $150 million in annual revenue.

    The government is now implementing enhanced security measures and enforcement protocols to combat the fraud while preserving the integrity of the employment sector that serves as a significant economic contributor to the nation.

  • Republic Bank introduces First Step savings account for the unbanked

    Republic Bank introduces First Step savings account for the unbanked

    Republic Bank (EC) Limited has unveiled a groundbreaking financial inclusion initiative with the September 2025 introduction of its First Step Account (FISA). This innovative banking solution is specifically engineered to eliminate traditional obstacles that have historically prevented underserved populations from accessing formal financial services across six Eastern Caribbean nations.

    The account, available throughout Anguilla, Dominica, Grenada, St Kitts & Nevis, Saint Lucia, and St Vincent and the Grenadines, requires only a single valid photo identification document for activation. This streamlined approach deliberately bypasses conventional requirements for proof of income or residential address that have typically excluded marginalized communities from banking participation.

    This strategic initiative forms part of the broader Eastern Caribbean Central Bank’s regional framework under the ECCU First Step Savings Account program. Republic Bank’s implementation aligns with its commitment to the United Nations Principles for Responsible Banking and directly supports Sustainable Development Goal 8, which focuses on fostering decent work conditions and sustainable economic growth.

    Account holders will gain access to comprehensive banking services including ATM transactions, debit card facilities, digital banking platforms through Republic Online and Republic Mobile, and bill payment capabilities. The bank’s senior management emphasizes that this represents a fundamental shift in banking accessibility philosophy rather than merely a new product offering.

    Ron Leon, Senior Manager of Corporate Services at Republic Bank (EC) Limited, stated: ‘Our vision extends beyond traditional banking parameters. The First Step Account embodies our commitment to dismantling financial barriers and creating genuine economic opportunities for all Eastern Caribbean residents, regardless of their documentation status or income level.’

    Prospective customers can obtain detailed application information through the bank’s official digital channels or by visiting any physical branch location throughout the participating territories.

  • Hewanorra Airport redevelopment shows steady progress

    Hewanorra Airport redevelopment shows steady progress

    Saint Lucia’s Hewanorra International Airport is undergoing significant transformation as critical modernization projects gain momentum. Infrastructure Minister Shawn Edward recently conducted an extensive site inspection alongside senior officials from the Saint Lucia Air and Sea Ports Authority (SLASPA) to assess progress on the long-awaited redevelopment initiative.

    The revitalization effort has marked a major milestone with the resumption of construction on the new Air Traffic Control Tower, a cornerstone project designed to enhance aviation safety and navigation capabilities. NH International (Caribbean) Ltd., in joint venture with Aeronav Inc., has been tasked with executing this vital infrastructure component.

    Minister Edward and SLASPA representatives conducted comprehensive evaluations of multiple operational facilities including the crash fire response hall, air cargo processing center, meteorological services department, and terminal building infrastructure. The broader redevelopment site was also subject to detailed technical assessment.

    This ambitious airport upgrade receives financial backing from the World Bank through the Caribbean Regional Air Transport Connectivity Project specifically allocated for Saint Lucia. The current phase emphasizes critical runway rehabilitation works alongside comprehensive facility improvements.

    Minister Edward emphasized that the Hewanorra International Airport redevelopment maintains its status as a priority national project, representing a strategic investment in operational efficiency, safety protocols, and overall aviation infrastructure. The enhanced facility is projected to solidify Saint Lucia’s position as a premier travel hub while strengthening regional and international connectivity.

  • Glasford Francis, Founder of Kennedy’s Club Ltd., Dies

    Glasford Francis, Founder of Kennedy’s Club Ltd., Dies

    The business community mourns the loss of Glasford Francis, the pioneering founder and guiding force behind Kennedy’s Club Ltd., who passed away on January 20, 2026. The company confirmed his passing in an official statement released this Tuesday, commemorating his extraordinary life and enduring legacy.

    Hailed as the patriarch of the Kennedy’s Club family, Francis was celebrated for his exceptional vision, profound generosity, and unwavering dedication to both his enterprise and his loved ones. These core principles not only shaped the company’s ethos but also profoundly impacted the countless lives it touched throughout its operation.

    Establishing Kennedy’s Club Ltd. in 1962, Francis steered the enterprise from its humble origins to its status as a venerable and highly respected institution within the local economic landscape. His transformative leadership over more than six decades was instrumental in building a brand synonymous with reliability and community values.

    The company’s statement emphasized that while Francis is no longer present, his indelible legacy will persist through the foundational values he embedded within the corporate culture and the robust institution he meticulously constructed. His passing marks the end of an era but affirms the continuation of his life’s work through the ongoing operations and philosophical underpinnings of Kennedy’s Club Ltd.