Restrictions Threaten Jobs of Water Taxi Employees
Since the COVID-19 pandemic in Belize, runs to and from San Pedro were stopped temporarily. When the lockdown was lifted for Ambergris Caye, traffic to the island resumed, but it [...]
Since the COVID-19 pandemic in Belize, runs to and from San Pedro were stopped temporarily. When the lockdown was lifted for Ambergris Caye, traffic to the island resumed, but it [...]
Stakeholders in tourism, particularly the micro, small and medium enterprises that were hit hardest by COVID-19, will now be able to access financing through a twenty million U.S. dollar loan [...]
The Development Finance Corporation is on its way to become a Green Climate Fund accredited entity. It means that the D.F.C. will be able to provide access to funding for [...]
The National Gas Company began its operations back in May and has since been providing Belize with liquefied petroleum gas as the country’s sole importer. The private/public partnership was met [...]
Prime Minister John Briceño today announced the members of the Economic Recovery Advisory Team. These members are tasked with getting the economy back on track. A working group of fourteen [...]
A second phase of the Empowering Communities to Empower Themselves initiative, funded by the U.S. Embassy Public Affairs grant, was launched today. Months ago, in the Yarborough community, a life [...]
The price for Premium gasoline will take a dip of thirty-one cents as of midnight tonight. The new price per gallon will be nine dollars and eighteen cents, down from [...]
A ten percent salary cut will ring in the New Year for all Cabinet members. The announcement was made this morning by Prime Minister Briceño who, after weighing the effects [...]
Fuel prices are going up for regular gasoline will increase by forty-eight cents from eight dollars and sixty-one cents to nine dollars and nine cents per gallon, while kerosene will increase [...]
If you felt the pinch of groceries and rent in October, you weren’t wrong. The Statistical Institute of Belize says that while consumer prices were down by zero point five [...]
Turning to external trade, the S.I.B. reports that imports are down by almost thirty percent and domestic exports are down over five percent in October 2020. Imports from January to [...]
Prime Minister John Briceño chaired another cabinet meeting today where nine hundred and thirty thousand dollars was approved for a special December COVID-19 Relief Fund to be equitably distributed among [...]
Belize’s economy shrunk by thirteen percent in the third quarter of 2020. According to the Statistical Institute of Belize, during the months of July to September, the total value of [...]
During the S.I.B.’s press conference, Sabal delved into those numbers looking at how the different sectors performed. While the primary and secondary sectors recorded increases, the tertiary sector contracted by [...]
So, the hardest hit sector is the tertiary sector which accounts for the production activities of hotels, and restaurants, as well as wholesale and retail, and crude materials, personal goods, [...]
During today’s press briefing the Statistical Institute also shared findings from the Labour Force Survey of September 2020. We’ll tell you a bit more about those findings later in the [...]
The government wants the Corozal Free Zone to reopen before Christmas. That is the plan, but the plan comes with a price which the stakeholders at the Free Zone will [...]
The Statistical Institute of Belize’s Labour Force Survey for September 2020 puts the unemployment rate at thirteen point seven percent. Before we get into the details of this figure –we [...]
A closer look at the labour force figures by sex show that males stood at sixty percent. When analyzed by areas, eighty-two thousand are in urban centers while eighty-six thousand, [...]
There is a new Board of Directors at Belize Telemedia Limited headed by former Business Senator Mark Lizarraga as chairman. The recently constituted executive includes six directors, as well as [...]
The contract signed between Net Vasquez and B.T.L. which came into effect back in mid-January was endorsed by Marconi Leal Junior, in his capacity as Acting Chief Sales and Marketing [...]
With a new B.T.L. executive also comes a new structure and administration of the company. According to Chairman Lizarraga, an internal audit department will be answerable to the board of [...]
Does B.T.L. still maintain a competitive edge over other service providers in the country, despite a dismal economic performance? The chairmanship of the company is being assumed at a time [...]
After nine months of dormancy, the Corozal Free Zone is set to reopen just in time for the Christmas shopping season. On Wednesday, Minister of Agriculture, Food Security and Enterprise, [...]
Vice Chairman of the Corozal Free Zone, Anil Hotchandani has also chimed in on the proposed reopening of the free zone in the days ahead. He says that while strict [...]