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Small Business Owners Receive Financial Aid for Startups

A series of checks in various denominations were distributed this afternoon to small business owners who will use the financial assistance as venture capital and for the expansion of their [...]

National Bank Celebrates One Year Anniversary

The National Bank of Belize, the country’s sole government-owned lending institution, is celebrating a milestone achievement this week.  Since opening its doors to the public on September second, 2013, the [...]

Prime Minister Confident in Belize’s Economic Performance

On Wednesday, the Statistical Institute of Belize announced that there was significant economic growth in the second quarter of this year, as much as eight point seven percent. But we [...]

2nd Quarter Stats is a Mixed Bag

The Statistical Institute of Belize has released its latest economic figures corresponding to the second quarter of 2014. All be told, transportation shot up by ten percent while the basket [...]

SIB Explains Dip in Sugar Exports

As we mentioned earlier in the newscast, sugar cane farmers in the north have been dealt a serious blow by Tate & Lyle when the Belize Sugar Cane Farmers Association [...]

SIB Releases Latest Statistics…Inflation Up…

The Statistical Institute of Belize is reporting a five point seven percent increase in goods imported into Belize in the month of June. That represents one hundred and fifty nine [...]

Public and Private Sectors Meet on Economic Development

Today, the Belize Biltmore Plaza was the site of a very high-profile, high-powered economic forum, under the theme – Strengthening Partnership for Growth. It’s the third of its kind, an [...]

Trade and Investment C.E.O. says GOB is Growing Jobs

The latest statistics on unemployment in Belize, released a few weeks ago by the Statistical Institute, shows an increase in joblessness in the districts. The only increase in employment was [...]

Mayor on financials at San Pedro Town Council

This morning, the San Pedro Town Council was visited by members of the opposition People’s United Party on the island. The meeting, at the invitation of the current U.D.P. Mayor, [...]

Prices for butane gas go down by a dollar

Prices for butane gas have gone down by a dollar for the one hundred pound cylinder countrywide. We note that the domestic price of LPG distributed by Belize Natural Energy [...]

Although economy contracted, Barrow says he’s looking at the bigger picture

At the end of May, the Statistical Institute of Belize reported that the economy contracted in the first quarter of 2014. It wasn’t a huge contraction – just zero point [...]

SIB reports slight economic dip in first quarter of the year

The latest figures released from the Statistical Institute of Belize indicate that there has been a slight contraction of the economy when compared to last year’s economic performance in the [...]

IMF’s report on the state of Belize’s economy

In economic news, a team from the International Monetary Fund, led by Jacques Bouhga-Hagbe, has concluded a consultation mission to Belize on the state of the economy.  The report issued [...]

Internet rates in Belize are the highest, but the speed is the lowest

The latest stats on regional internet speeds versus cost are in, and Belize is coming in almost dead last, comparatively speaking. The report was submitted by the ICT Pulse, which [...]

Cost of living up according to Consumer Price Index

The consumer price index for March, a government-issued list of the retail prices of basic household goods and services, has been released by the Statistical Institute of Belize.  There has [...]

Public Utilities Commission approves increase in water rates

The Public Utilities Commission has approved a rate increase requested by Belize Water Services Ltd.  While it is not the sixteen and a quarter percent initially sought by the company, [...]

PUC approves increase in water rates

More details will become available on Tuesday at a press conference, but we can confirm tonight that the Public Utilities Commission has approved an increase in water rates by the [...]

Ministry of Local Government to address financial issues in PG Town Council

In recent weeks, there have been persistent reports of financial problems at the Punta Gorda Town Council. Now financial difficulties in municipal administrations are legion – revenues are notoriously scarce [...]

Mayor says CitCo’s debt is staggering

If Mayor Darrell Bradley has seemed a little frazzled lately, it’s because he is. On one hand, there has been massive works done in the city – that can’t be [...]

Private Sector Senator concerned about unemployment numbers in Belize

The Budget debate is over, and so is the Senate discussion of the Budget. At the end of the day, the fact is that in our political system, the majority [...]

Budget Wrap Up – a revisit of the fireworks in the House

The annual budget debate 2014, held on Monday and Tuesday, has been widely described as anticlimactic, primarily because majority of the arguments in the Honorable House revolved around the many [...]

Consumer Price Index for February shows 1.7% increase in expenditure

The Consumer Price Index for the month of February, released earlier this week by the Statistical Institute of Belize, indicates that there is a one point seven percent increase in [...]

Managing Director of National Bank of Belize is forced out

There is another resignation from a senior government post to report tonight following on the heels of the departure of the Esquivel family from government. When Laura Esquivel-Frampton was forced [...]

Butane gas prices up again

Butane prices are up once again. The Belize Bureau of Standards has approved the increase effective Thursday. The new controlled price for liquid petroleum gas (LPG) depends on the supplier. [...]

National Budget 2014 by the numbers

Debate of the proposed budget for the new financial year begins next week; both sides of the aisle in the House of Representatives are going through the budget with a [...]