分类： business

In a landmark development, Belize Telemedia Limited (BTL) employees, both current and former, may now be entitled to severance pay despite their participation in pension schemes that previously excluded such benefits. Senior Counsel Eamon Courtenay highlighted the significant challenge this poses for BTL and other companies, as they must retroactively assess years of service and calculate severance entitlements for employees upon retirement or resignation. This ruling extends to former employees who only received pension benefits, potentially allowing them to claim severance pay retroactively. The judgment, which could have a ripple effect across Belize, raises critical questions about how companies will adapt and what this means for workers nationwide. Courtenay emphasized that companies with pension schemes lacking severance provisions must now accrue severance benefits from the start of employment, ensuring compliance with the Caribbean Court of Justice’s (CCJ) decision. This development underscores a pivotal shift in employee rights and corporate obligations in Belize.

A once-promising partnership to develop a luxury jungle retreat in Belize has devolved into a bitter legal battle, raising questions about financial transparency and accountability. The project, Howler Jungle House and Cabanas, was initiated by Dr. Sade Thompson, an American investor, in collaboration with Belizean couple Kenny and Shanna Williams. The venture aimed to create high-end accommodations for tourists seeking to experience Belize’s natural beauty. However, the dream quickly turned sour as costs ballooned and allegations of financial mismanagement emerged. Initially, Dr. Thompson was quoted $80,000 for a two-bedroom unit, but the price escalated to $124,000 without clear justification. Despite receiving detailed invoices, Thompson and her partners grew suspicious of where their funds were allocated. Attorney Andrew Bennett, representing the Williamses, countered that the investors received exceptional value for their money, citing the property’s eco-friendly features and prime location. The dispute deepened as Thompson revealed additional expenses, including rent and contractor fees, which were not initially disclosed. Consultant Jazmynn Tillett, brought in to assess the situation, accused the Williamses of exploiting the investors and failing to provide accountability. The conflict has now escalated to legal action, with both sides disputing ownership and financial control. The case highlights the challenges of cross-border investments and the importance of clear agreements in business partnerships.

The lucrative business of transporting used vehicles from the United States to Belize is facing unprecedented challenges, as car dealers report escalating dangers and extortion fees along Mexican highways. While the trade has historically been profitable, with dealers earning thousands of dollars per vehicle, the rising risks are forcing many to reconsider their involvement. Dealers are required to pay legal fees at the Mexican border and a protection fee, known as a pedimento, to cartels for safe passage. However, these payments no longer guarantee security, as extortion points manned by armed civilians have become increasingly common. Robert McClaren, a seasoned car dealer, shared his harrowing experiences, detailing how each trip has become more perilous and costly. He recounted paying thousands in extortion fees at multiple checkpoints, often just minutes after crossing the border. The situation has created significant obstacles for dealers, threatening the viability of this once-thriving trade.

In a significant move to bolster economic resilience and create sustainable opportunities, the PROSPER initiative was officially launched in Belize’s Toledo and Stann Creek districts. The event, held at Toledo Bible College in Yemeri Grove, brought together key stakeholders, including representatives from the International Labour Organization (ILO), the European Union, and the Government of Belize. PROSPER, which stands for Participation, Ownership, and Sustainable Progress for Economic Resilience, is a four-year project with a budget of nearly nine million Belize dollars. It aims to empower local communities by fostering entrepreneurship, generating employment, and enhancing social inclusion, particularly among youth, women, and indigenous groups. ILO Deputy Director Noortje Denkers underscored the initiative’s alignment with Belize’s Decent Work Country Program, emphasizing the organization’s dedication to job creation and rural development. Leroy Martinez from the Ministry of Economic Transformation reiterated the government’s commitment, while Minister Florencio Marin Jr. highlighted PROSPER’s integration into the broader national agenda under Plan Belize. This initiative marks a transformative step toward building stronger, more resilient communities in southern Belize.

Starting November 2025, individuals and businesses in Belize planning to send packages to the United States must adhere to a new customs declaration process. The Belize Postal Service has introduced the Customs Declaration System (CDS), requiring all senders to complete a detailed form before mailing goods to the U.S. This change follows the U.S. government’s Executive Order 14324, issued in July 2025, which eliminated the “duty-free de minimis” rule that previously allowed goods valued under $800 to enter the U.S. tax-free. Now, every package must declare its contents, value, and country of origin, and all are subject to applicable tariffs. To ensure public compliance, the Belize Postal Service has launched a nationwide roadshow to educate customers on the updated requirements. The CDS, developed by the Universal Postal Union, enables electronic transmission of customs data to U.S. Customs and Border Protection. While Belize temporarily suspended U.S. mail services to align with the new regulations, officials anticipate resuming shipments by the end of November. Importantly, regular postage fees remain unchanged, with only the added customs duties mandated by the U.S. government. These duties are calculated based on the item’s origin and the corresponding tariff rate, payable at the time of shipment.