There is a worrying trend beginning to emerge in the business sector and this trend is the closing down of businesses which once thrived only a few years ago in what was once a growing economy.
Since Dean Barrow announced the recession in April 2009, Belizeans have been surprised almost weekly as businesses once fixtures on the Belize's business scene have been quietly closing their doors and pulling down the shutters.
Last week the local business universe shifted on its axis when it was reported that two businesses within the Mena Group of Companies, Fresh Catch Belize Limited and The Wood Depot had been forced into receivership by First Caribbean Bank, and that the Belize Bank had appointed accountant Stanley Ermeav as their receiver for Belize Aggregates Limited.
Fresh Catch Belize has been exporting thousands of pounds of their product to Guatemala, Mexico and the United States since 2002. It is a multi-million dollar investment that employed
This afternoon at least 100 angry protesters marched the streets of Orange Walk Town in protest against Deputy Prime Minister Gaspar Vega. They say that Vega, who is the Area Representative of Orange Walk North, has wrested control of at least $150,000 which was to have been disbursed by Orange Walk East Area Representative Marcel Cardona. As we understand it, each year UDP area representatives are given $150,000 to give to their constituents for educational purposes including scholarships and assistance with books and fees. Protesters we spoke to claim that a source in the Ministry of Education verified that the 
This afternoon at least 100 angry protesters marched the streets of Orange Walk Town in protest against Deputy Prime Minister Gaspar Vega. They say that Vega, who is the Area Representative of Orange Walk North, has wrested control of at least $150,000 which was to have been disbursed by Orange Walk East Area Representative Marcel Cardona. As we understand it, each year UDP area representatives are given $150,000 to give to their constituents for educational purposes including scholarships and assistance with books and fees. Protesters we spoke to claim that a source in the Ministry of Education verified that the 
This afternoon at least 100 angry protesters marched the streets of Orange Walk Town in protest against Deputy Prime Minister Gaspar Vega. They say that Vega, who is the Area Representative of Orange Walk North, has wrested control of at least $150,000 which was to have been disbursed by Orange Walk East Area Representative Marcel Cardona. As we understand it, each year UDP area representatives are given $150,000 to give to their constituents for educational purposes including scholarships and assistance with books and fees. Protesters we spoke to claim that a source in the Ministry of Education verified that the 
This afternoon at least 100 angry protesters marched the streets of Orange Walk Town in protest against Deputy Prime Minister Gaspar Vega. They say that Vega, who is the Area Representative of Orange Walk North, has wrested control of at least $150,000 which was to have been disbursed by Orange Walk East Area Representative Marcel Cardona. As we understand it, each year UDP area representatives are given $150,000 to give to their constituents for educational purposes including scholarships and assistance with books and fees. Protesters we spoke to claim that a source in the Ministry of Education verified that the 
This afternoon at least 100 angry protesters marched the streets of Orange Walk Town in protest against Deputy Prime Minister Gaspar Vega. They say that Vega, who is the Area Representative of Orange Walk North, has wrested control of at least $150,000 which was to have been disbursed by Orange Walk East Area Representative Marcel Cardona. As we understand it, each year UDP area representatives are given $150,000 to give to their constituents for educational purposes including scholarships and assistance with books and fees. Protesters we spoke to claim that a source in the Ministry of Education verified that the 
This afternoon at least 100 angry protesters marched the streets of Orange Walk Town in protest against Deputy Prime Minister Gaspar Vega. They say that Vega, who is the Area Representative of Orange Walk North, has wrested control of at least $150,000 which was to have been disbursed by Orange Walk East Area Representative Marcel Cardona. As we understand it, each year UDP area representatives are given $150,000 to give to their constituents for educational purposes including scholarships and assistance with books and fees. Protesters we spoke to claim that a source in the Ministry of Education verified that the 
This afternoon at least 100 angry protesters marched the streets of Orange Walk Town in protest against Deputy Prime Minister Gaspar Vega. They say that Vega, who is the Area Representative of Orange Walk North, has wrested control of at least $150,000 which was to have been disbursed by Orange Walk East Area Representative Marcel Cardona. As we understand it, each year UDP area representatives are given $150,000 to give to their constituents for educational purposes including scholarships and assistance with books and fees. Protesters we spoke to claim that a source in the Ministry of Education verified that the 
"The land that you spoke about, that you showed by way of the television images, he told you that what the group wants to do with that land is to a number of projects including the setting up of a kind of sewing factory, something that particularly ease the conditions of single mothers. It seems to be that all these are wonderful things." – Prime Minister Dean Barrow
"The land that you spoke about, that you showed by way of the television images, he told you that what the group wants to do with that land is to a number of projects including the setting up of a kind of sewing factory, something that particularly ease the conditions of single mothers. It seems to be that all these are wonderful things." – Prime Minister Dean Barrow
"The land that you spoke about, that you showed by way of the television images, he told you that what the group wants to do with that land is to a number of projects including the setting up of a kind of sewing factory, something that particularly ease the conditions of single mothers. It seems to be that all these are wonderful things." – Prime Minister Dean Barrow
"The land that you spoke about, that you showed by way of the television images, he told you that what the group wants to do with that land is to a number of projects including the setting up of a kind of sewing factory, something that particularly ease the conditions of single mothers. It seems to be that all these are wonderful things." – Prime Minister Dean Barrow
"The land that you spoke about, that you showed by way of the television images, he told you that what the group wants to do with that land is to a number of projects including the setting up of a kind of sewing factory, something that particularly ease the conditions of single mothers. It seems to be that all these are wonderful things." – Prime Minister Dean Barrow
"The land that you spoke about, that you showed by way of the television images, he told you that what the group wants to do with that land is to a number of projects including the setting up of a kind of sewing factory, something that particularly ease the conditions of single mothers. It seems to be that all these are wonderful things." – Prime Minister Dean Barrow
"The land that you spoke about, that you showed by way of the television images, he told you that what the group wants to do with that land is to a number of projects including the setting up of a kind of sewing factory, something that particularly ease the conditions of single mothers. It seems to be that all these are wonderful things." – Prime Minister Dean Barrow
July 5, 2010 — Just after the Belize Times went to press last week, the IMF issued a press release about their June visit to Belize when they meet with the government to prepare their annual report on the state of the country's finances and economy. The release is a scorching indictment of UDP economic policy.
July 5, 2010 — Just after the Belize Times went to press last week, the IMF issued a press release about their June visit to Belize when they meet with the government to prepare their annual report on the state of the country's finances and economy. The release is a scorching indictment of UDP economic policy.
July 5, 2010 — Just after the Belize Times went to press last week, the IMF issued a press release about their June visit to Belize when they meet with the government to prepare their annual report on the state of the country's finances and economy. The release is a scorching indictment of UDP economic policy.
July 5, 2010 — Just after the Belize Times went to press last week, the IMF issued a press release about their June visit to Belize when they meet with the government to prepare their annual report on the state of the country's finances and economy. The release is a scorching indictment of UDP economic policy.
July 5, 2010 — Just after the Belize Times went to press last week, the IMF issued a press release about their June visit to Belize when they meet with the government to prepare their annual report on the state of the country's finances and economy. The release is a scorching indictment of UDP economic policy.
July 5, 2010 — Just after the Belize Times went to press last week, the IMF issued a press release about their June visit to Belize when they meet with the government to prepare their annual report on the state of the country's finances and economy. The release is a scorching indictment of UDP economic policy.
July 5, 2010 — Just after the Belize Times went to press last week, the IMF issued a press release about their June visit to Belize when they meet with the government to prepare their annual report on the state of the country's finances and economy. The release is a scorching indictment of UDP economic policy.
Each week the newspapers are filled with pages of notices telling the tragic story of poor Belizeans losing their homes; their businesses; their means of survival. Each week poor Belizeans are victimized, their lands taken away by the UDP for no reason other than political malice. Each week hundreds of Belizeans labour to attain and hold on to one piece of the jewel they can call their own. For far too many Belizeans, life under this UDP administration is a constant, backbreaking struggle. But of course, these stories apply to the normal man and woman on the street, those many 
Each week the newspapers are filled with pages of notices telling the tragic story of poor Belizeans losing their homes; their businesses; their means of survival. Each week poor Belizeans are victimized, their lands taken away by the UDP for no reason other than political malice. Each week hundreds of Belizeans labour to attain and hold on to one piece of the jewel they can call their own. For far too many Belizeans, life under this UDP administration is a constant, backbreaking struggle. But of course, these stories apply to the normal man and woman on the street, those many 
Each week the newspapers are filled with pages of notices telling the tragic story of poor Belizeans losing their homes; their businesses; their means of survival. Each week poor Belizeans are victimized, their lands taken away by the UDP for no reason other than political malice. Each week hundreds of Belizeans labour to attain and hold on to one piece of the jewel they can call their own. For far too many Belizeans, life under this UDP administration is a constant, backbreaking struggle. But of course, these stories apply to the normal man and woman on the street, those many 
Each week the newspapers are filled with pages of notices telling the tragic story of poor Belizeans losing their homes; their businesses; their means of survival. Each week poor Belizeans are victimized, their lands taken away by the UDP for no reason other than political malice. Each week hundreds of Belizeans labour to attain and hold on to one piece of the jewel they can call their own. For far too many Belizeans, life under this UDP administration is a constant, backbreaking struggle. But of course, these stories apply to the normal man and woman on the street, those many 
Each week the newspapers are filled with pages of notices telling the tragic story of poor Belizeans losing their homes; their businesses; their means of survival. Each week poor Belizeans are victimized, their lands taken away by the UDP for no reason other than political malice. Each week hundreds of Belizeans labour to attain and hold on to one piece of the jewel they can call their own. For far too many Belizeans, life under this UDP administration is a constant, backbreaking struggle. But of course, these stories apply to the normal man and woman on the street, those many 
Each week the newspapers are filled with pages of notices telling the tragic story of poor Belizeans losing their homes; their businesses; their means of survival. Each week poor Belizeans are victimized, their lands taken away by the UDP for no reason other than political malice. Each week hundreds of Belizeans labour to attain and hold on to one piece of the jewel they can call their own. For far too many Belizeans, life under this UDP administration is a constant, backbreaking struggle. But of course, these stories apply to the normal man and woman on the street, those many 
Each week the newspapers are filled with pages of notices telling the tragic story of poor Belizeans losing their homes; their businesses; their means of survival. Each week poor Belizeans are victimized, their lands taken away by the UDP for no reason other than political malice. Each week hundreds of Belizeans labour to attain and hold on to one piece of the jewel they can call their own. For far too many Belizeans, life under this UDP administration is a constant, backbreaking struggle. But of course, these stories apply to the normal man and woman on the street, those many 
What Next?
What Next?