Home » Economy Featured Regional / International
You are currently browsing entries filed in: Economy Featured Regional / International
The Summit is something that business people in the agriculture sector have been waiting for. People like Ernest Thiessen who represent some three hundred dairy farmers, and Hazelita Kuylen, whose rice and corn production company needs investment dollars in order to thrive. Ernest Thiessen, Belize Dairy Association “At the moment we’re only producing about […]
Written on November 10, 2021 | Posted in
Economy,
Featured,
Regional / International |
Comments Off on Local Businesses Hoping to Gain From International Investments
Keynote Speaker at today’s Investment Summit was former Canadian Prime Minister, Stephen Harper, who has a consulting and advisory company in Canada. He focused on the measures that Belize needs to take to capitalize on maximizing its exposure to the rest of the world and reaping the benefits of that exposure. Stephen Harper, Keynote […]
Written on November 10, 2021 | Posted in
Economy,
Featured,
Regional / International |
Comments Off on Stephen Harper on How Belize Can Capitalize on International Exposure
The first ever Investment Summit, featuring international personalities and business interests from several countries will open in San Pedro on Wednesday. The two-day event will include speeches by local government officials, and keynote speaker, Stephen Harper of Harper and Associates. The event is expected to attract business to Belize by removing some of the bureaucratic […]
Written on November 9, 2021 | Posted in
Economy,
Featured |
Comments Off on Investment Summit Begins Wednesday in San Pedro
On Friday the details of the much touted Blue Bonds arrangement were finalized. The initiative includes the buy-back of over five hundred million dollars of the Super bond and the creation of a fund containing millions of dollars for conservation of marine areas in Belize. It is something the Prime Minister John Briceño says is […]
Written on November 8, 2021 | Posted in
Economy,
Environment,
Featured |
Comments Off on Prime Minister: Blue Bonds “Win-Win” for Belize and Mother Earth
As you heard, the Prime Minister is calling the Blue Bond agreement a win-win for Belize and the globe. In terms of details, eighty million dollars will be invested annually in marine conservation. With approximately sixteen percent of Belize’s marine territory currently protected, under the Blue Bond agreement the Government of Belize has committed to […]
Written on November 8, 2021 | Posted in
Economy,
Featured |
Comments Off on TNC Says Relevant Stakeholders Provided Input for Blue Bonds
Not only is the purpose of the Blue Bond to protect the marine environment, the Government of Belize is realizing massive savings to the tune of more than have a billion Belize dollars. Negotiators were able to offer Superbond holders fifty five cents on the dollar. Belize Blue Investment Company, a subsidiary company of TNC, […]
Written on November 8, 2021 | Posted in
Economy,
Featured |
Comments Off on Minister of State Coye: “The Super Noose No Longer Exists”
These huge savings afforded to Belize through the Blue Bond agreement is not money in hand, however. The savings are translated into significantly less public funds going towards debt repayment, and greater investments in marine conservation. So for those asking if the Briceño Administration is now able to revert to paying teachers and public officers […]
Written on November 8, 2021 | Posted in
Economy |
Comments Off on Serial Defaulting “A Thing of the Past”
The Government of Belize and The Nature Conservancy today announced the finalization of its debt conversion agreement. The agreement will see hundreds of millions of dollars in savings and investments for marine conservancy in Belize. Announcements of the agreement being forged ahead of COP26 in Glasgow Scotland set the stage for Belize’s officials currently at […]
Written on November 5, 2021 | Posted in
Economy,
Featured |
Comments Off on Blue Bonds Debt Conversion Finalized
Eight months ago when she inherited the Belmopan City Council, Mayor Sheran Palacio indicated that the Council was financially challenged and had huge debts. We got the chance to ask her today about the financial status of the Council now. She said they are trying to come up with creative ideas to bring in revenue. […]
Written on November 5, 2021 | Posted in
Economy,
Featured |
Comments Off on Belmopan Mayor Trying to Sort Out Council Finances
The Minister of Sustainable Development, Climate Change and Disaster Risk Management arrived in Glasgow on Wednesday and hit the ground running. Today News Five’s Duane Moody found him at a high level side event, hosted by the Commonwealth Secretariat. The Commonwealth Climate Finance Access Hub seeks to strengthen the climate finance loop for effective NDC […]
Written on November 4, 2021 | Posted in
Economy,
Environment,
Regional / International |
Comments Off on Minister Habet at Commonwealth Climate Finance Hub
Mitigating and adapting to climate change is expensive and small island developing states like Belize are among those countries severely affected even though their GHG emissions are miniscule. So, as contained in the Paris Agreement formed back in 2015, developed countries, pumping large volumes of greenhouse gases in the environment committed to provide a one […]
Written on November 3, 2021 | Posted in
Economy,
Environment |
Comments Off on Climate Finance Takes Center Stage at COP26
News Five’s Duane Moody is out in Glasgow, Scotland where the United Nations Conference of the Parties is underway. Today, the World Leaders Summit concluded where country leaders from small island developing states as well as those from larger countries, referred to as the G20. The call is for action to be taken by those […]
Written on November 2, 2021 | Posted in
Economy,
Environment,
Featured |
Comments Off on PM Briceño’s Comments at COP26 Get Response From British PM
According to the Prime Minister, the PFP also offers small island states like Belize access to reserves for funding in permanence. Prime Minister John Briceño “Belize has been on the map when it comes to the issue of conservation. As it is, we have more than thirty percent of our lands already in some […]
Written on November 2, 2021 | Posted in
Economy,
Featured |
Comments Off on PFP Offers Access to Additional Funding Opportunities
The Blue Bond initiative, in collaboration with TNC gives Belize a head start in its marine conservation effort, while looking to the 2025 PFP. Belize’s effort with the Blue Bond through TNC was also highlighted at today’s side event in Glasgow. PM Briceño and CEO Jennifer Morris both hailed the approach. Prime Minister John […]
Written on November 2, 2021 | Posted in
Economy,
Featured |
Comments Off on Blue Bond
The high cost of living, coupled with the inflation that has accompanied COVID, have affected everyone’s pocket, but particularly bedeviled the people who have lost all or part of their income. When he met with the media on Monday, Minister of Tourism, Anthony Mahler said measures are being taken to address not only inflation, but […]
Written on November 2, 2021 | Posted in
Economy |
Comments Off on Minister of Tourism: Fuel Prices “Crushing,” and Must be Addressed
While the Office of the Prime Minister has issued its statement on the delegation heading to COP26 and the funding agencies involved, today the Public Service Union expressed its disapproval over the size of the delegation and wants cost details. The PSU says that given the current economic crisis and austerity measures they are “appalled” […]
Written on October 29, 2021 | Posted in
Economy,
Featured |
Comments Off on Union Calls for Full Account of COP26 Costs
In an effort to boost Belizean farmers, GOB is inviting small holder farmers to apply for grants under a new agreement the International Fund for Agricultural Development and Green Climate Fund. According to the Ministry of Economic Development, the programme supports investment in the cultivation of market-driven priority products; vegetables: cabbage, carrots, hot pepper, onion, […]
Written on October 29, 2021 | Posted in
Agriculture,
Economy |
Comments Off on Small farmers groups invited to apply for investment grants
The steadily rising cost of fuel has remained a bread and butter issue for many people whose livelihoods depend on that commodity. Aside from the booked tours, today only eight certified tour operators and tour guides work outside the gates at the Belize Tourism Village. But before they even attempted to seek out clients today, […]
Written on October 28, 2021 | Posted in
Economy,
Featured |
Comments Off on Tour Guides Ask for Relief From High Gas Prices
The Upper House met in special session today in a marathon sitting that’s reminiscent of Monday’s extended House Meeting. Among the bundle of bills brought before the Senate for approval was a proposed piece of law that makes way for the arrival of the Blue Bond, a unique financial configuration that will see the disposal […]
Written on October 28, 2021 | Posted in
Economy,
Featured,
Politics |
Comments Off on Whose Achievement is the Blue Bond and Does It Really Matter?
The approval of the Blue Bond is indeed a momentous occasion for all, since the country’s external debt will be reduced by half a billion dollars, thanks to the new arrangement. Lead Senator for Government Business, Eamon Courtenay puts it all into perspective. Eamon Courtenay, Senator for Government Business “Madam President, today on this […]
Written on October 28, 2021 | Posted in
Economy,
Featured |
Comments Off on A Momentous Occasion for Belize, Enter Blue Bond
NGO Senator Osmany Salas holds the firm position that it should not be credited to any one party and that it shows political maturity that such an initiative can commence under one administration and be concluded under another. Osmany Salas, Senator, NGO Community “This is not about the PUP, it is not about the […]
Written on October 28, 2021 | Posted in
Economy,
Featured,
Politics |
Comments Off on NGO Senator Says We All Should Rejoice Mutually
In economic news, during the month of September 2021, imports took a giant leap, up by over seventy percent while exports dropped, compared to the same period last year. These are the latest statistics coming out of the Statistical Institute of Belize. According to S.I.B, in September Belize imported goods valued at one hundred and […]
Written on October 28, 2021 | Posted in
Economy,
Featured,
Regional / International |
Comments Off on Imports Jumped 70% in September
Looking at the consumer price index for the month of September, SIB’s data reflects an increase in the cost of fuel, food, and LPG and personal care products, when compared to September of 2020. A notable increase of eleven percent was recorded in the transport category. The price of food and non alcoholic beverages saw […]
Written on October 28, 2021 | Posted in
Economy |
Comments Off on Food, fuel and other necessities cost more in September
A Memorandum of Understanding was signed this afternoon, aimed at creating economic opportunities for Belizean woman. It is a joint venture, through the Ministries of Human Development and Agriculture, the Belize Trade and Investment Development Services (BELTRAIDE) and the Development Finance Corporation (DFC). The four entities will together provide the necessary job readiness, business and […]
Written on October 28, 2021 | Posted in
Economy,
Social Issues |
Comments Off on MOU to Expand Economic Opportunities for Women
In this week’s briefing, Cabinet expressed concern about the rising cost of fuel and agreed to a team to look at possible mitigation measures. The Prime Minister and the Cabinet ministers approved to draft a Public Private Partnership policy and the creation of a PPP Unit to mobilize private sector capita for development projects that […]
Written on October 28, 2021 | Posted in
Economy,
Health |
Comments Off on Cabinet Approves Booster Shots and Will Look at Fuel Prices
