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GOB to Make Corozal Free Zone More Viable

According to President-Elect, Lopez Obrador, the free zone initiative is set to launch in January 2019; that is in two and a half months. The Mexican government will first focus [...]

Cabinet Minister Says Economic Progress Made, But Not Enough

In other economic news, the International Monetary released its preliminary report on its findings on Belize’s economy last month. The IMF noted that the economy is strengthening but the I.M.F. [...]

Opposition Leader Says Debt, Unemployment and Business Climate need to be addressed

The I.M.F. report also sighted areas of weaknesses and recommended drastic measures such as an increase in the G.S.T. and a reduction in the number of government employees. P.U.P. Leader [...]

Credit Union Quiz Competition Takes Place in Dangriga

Saint John’s Credit Union held its annual Father Marion Ganey Quiz Competition in Dangriga on Friday. It’s a competition to raise awareness of financial literacy and the credit union movement [...]

Chetumal to Become Free Zone

Mexico’s President-elect, Andrés Manuel López Obrador stated earlier this week that Chetumal will return to a ‘free zone’ status. While visiting Cancun, the president-elect announced that on January first, 2019, [...]

Mirab Opens Its New Mega Department Store

Mirab has a new department store and today it opened for business, offering a high-end shopping experience. The Mirab store relocated from the Fort Street area to the Philip Goldson [...]

Tropic Air President Says Investors Need Better Support

Today’s opening of Mirab’s new department store drew hundreds of Belizeans and several high profile personalities.  Businessman John Greif the Third is one of those persons in attendance. The President [...]

Economic Partnership Agreement Brings Local Producers and Service Providers Together

A workshop hosted by the CARIFORUM-European Union Economic Partnership Agreement on business to business strategic networking was held today at the Biltmore.  The seminar brought together local producers, as well [...]

The Role of Caribbean Export in Regional Market for Goods and Services

Zamani Moodie, advisor for market intelligence with the Caribbean Export Development Agency discusses the role of the agency in the workshop, as well as the technical assistance provided by the [...]

Price for Regular Fuel Goes Up

If you are a vehicle owner and if your car runs on regular gasoline, we advise you to visit the nearest gas station after this newscast. That’s because the price [...]

August Was 1% More Expensive

The cost of living went up in the month of August. Data from the Statistical Institute of Belize shows that the cost of living inched up by one percent due [...]

IMF Preliminary Findings Published

A team from the International Monetary visited Belize earlier this month and met with government officials as well as with the private sector and unions. It has released a preliminary [...]

Premium Gas Goes Up

There is an increase in the price of premium fuel which kicks in at midnight. The Belize Bureau of Standards says premium will now sell for eleven dollars and seventy-seven [...]

Audit Report Reveals Contracts That Were Not Put for Tender

Tabled last week Friday in the House of Representatives was the Report of the Auditor General for the period April 2013 to March 2014. While the purpose of the audit [...]

G.D.P. Up 5.4 Percent

The Statistical Institute of Belize says that the Gross Domestic Product went up by five point four percent. It is a relatively big growth when compared to the second quarters [...]

Achieving Competitive Advantage through Brand Positioning

A brand management training entitled “Achieving Competitive Advantage through Brand Positioning” was held today at the Biltmore Plaza. It was organized by Chamberlain Consulting and Galen University and seeks to [...]

Price for Premium Gasoline Goes Up

The prices for a gallon of premium gasoline increased at midnight on Tuesday. It went up by ten cents putting the new price at eleven dollars and seventy cents. The [...]

BSI Invests Another $40 Million in Value Added Production

The Belize Sugar Industries has announced that it will invest an additional forty million dollars over the next eighteen months to improve efficiency and further increase value-added production to the [...]

DYS Trains Women in Cosmetology

The Department of Youth Services has a six-week cosmetology training taking place at the Yabra Community Center. The training will see the ladies get a level one certificate which they [...]

Chamber to P.M., “The seemingly ‘insoluble’ is rather very much ‘soluble’.”

The Chamber of Commerce and Industry admonished the Government back in June for the exceedingly high fuel taxes. Prime Minister Barrow later responded saying that taxes weren’t going down. In [...]

Colombian Consultant Shares Best Practices to Grow Belizean Businesses

A consultant from Presidential Agency for International Cooperation of Colombia began a two-day workshop in Belize on how to grow businesses. Yeison Laiton of the Entrepreneurship and Business Development for [...]

Entrepreneurship Workshop to Foster Economic Development in Toledo

While day-one is focusing on creating a network between counterpart agencies in both countries, day-two will see Laiton travel south to Punta Gorda. Toledo is the poorest district in Belize [...]

An Update on Choice Bank’s Crippling Afflictions

Late this evening, the Central Bank of Belize issued a statement with updates to the predicament that Choice Bank finds itself in. According to the Central Bank of Belize, liquidator [...]

Opposition Leader Says G.O.B. Can Afford to Reduce Fuel Tax

The price of premium gasoline decreased by eleven cents at midnight on Tuesday; it now sells for eleven dollars and sixty cents per gallon. It is a small reduction for [...]

John Briceño says Government Needs to Invest More

In June, the government said that if it reduces fuel tax by two dollars per gallon, it would mean a seventy million dollars hole in government revenue.  That reduction would [...]