If you are looking for a job, here is an opportunity that can help you. BELTRAIDE today launched a talent fair to create an employment database to meet the demands of employers. To qualify, you must be sixteen years of age and older; computer skills are a plus and so are persons with technical abilities. […]
It’s been a month since the last increase at the pumps, but get ready for another crunching increase in fuel prices. At midnight tonight, regular gasoline rises by a whopping fifty-one cents, to ten dollars twenty-one cents from nine dollars seventy cents. Diesel prices sit at eight dollars eighty-two cents, rising from eight dollars sixty-eight […]
Belize receives regular and diesel fuel through the Petrocaribe program with Venezuela although prices remain high at the pumps. But for some time now Belize has been unable to source premium fuel through Petrocaribe and has had to agree with Puma Energy to supply that fuel. While with Venezuela’s ongoing political crisis the ‘good old […]
Seven years ago, the Belize Co-Generation Energy Project kicked off at Tower Hill, Orange Walk. It uses bagasse from milled sugar to provide up to twenty-five megawatts of electricity for the national electricity grid and another five for the B.S.I. plant itself. But there are concerns that the plant has not been reaching capacity and […]
The Statistical Institute of Belize has released new figures for the month of June, recording a slight increased of point six percent on the All-items Consumer Price Index. Goods and services commonly purchased were marginally higher than they were in June 2016. Owing to the overall increase in consumer prices was the transport index which […]
Prime Minister Dean Barrow returned to Belize from personal leave in the United States around lunchtime today. Reporters met him at the Philip Goldson International Airport for an extensive briefing on several national issues. The top story tonight is that the Government of Belize has paid the second and final payment for the settlement of […]
Does the Prime Minister claim to be hoodwinked by Lord Michael Ashcroft following their 2015 conference in Miami, Florida, where the details of what became the Settlement Agreement were hammered out? He says that while Government always kept a watchful eye out, he and Ashcroft mutually understood that a minimum amount of liabilities would be […]
The Inter-American Development Bank, the primary source of multilateral financing in Latin America, is partnering with the Belize Chamber of Commerce and Industry to provide solutions to development challenges within the business community. On Monday evening at the Biltmore Plaza, entrepreneurs from across the private sector attended a presentation by representatives of IDB. While the […]
The IDB is also making loan facilities available to local businesses, presumably at favorable and equally competitive terms as other lending institutions. While the proposal is fresh on the table, Aikman says details are yet to be confirmed in respect of an acceptable payment plan. Kim Aikman, CEO, Belize Chamber of Commerce & Industry […]
B.T.L. Park vendors are up in arms with the City Council. They say that the City Council went over their heads and made an agreement about the use of the B.T.L. Park for next weekend without consulting them. Now, they say that the decision to have the park used for the Festival of Hope Concert […]
You heard Reneau say that they were never consulted and now they are being asked not to conduct business. The vendors are not happy about the situation and they have since been asking questions at the City Council but that Mayor Darrell Bradley is out of the country and no one wants to deal with […]
The Citrus Growers Association says it is finding greater than expected success in spinning off the Plant World Nursery, located off the Southern Highway in Red Bank village, into its own company. The plan to raise six million dollars in equity of preferred shares through a bond managed by the Legacy Fund has now ballooned […]
‘King Sugar’ is especially sweet this year in the Corozal and Orange Walk Districts. The Tower Hill Factory produced a record-breaking one hundred and forty-four thousand tons of sugar, passing the high mark set in 2015. They did it in slightly more time, but with less cane actually brought to the mill. But prices continue […]
The Corozal Sugar Cane Producers’ Union and Progressive Cane Farmers Association based in Orange Walk have agreed with Belize Sugar Industries and American Sugar Refining to continue with the commercial agreement originally signed three years ago. But the co-architects of that arrangement, the Belize Sugar Cane Farmers Association, wants some re-negotiation of major points including […]
At least nine percent of the population is jobless. The latest figures released by the Statistical Institute of Belize also show that as of April 2017, almost two thousand persons were unemployed. The labour force, however, has increased to one hundred and sixty-four thousand persons. But the most disturbing factor is that only one hundred […]
Effective today, drivers saw another increase at the fuel pumps, this time for premium gasoline. It had gone untouched when the last increase came in for regular gasoline which is now ten dollars and eighteen cents. But this time it was hit for an increase of forty-four cents from ten dollars and fifty-three cents to […]
The Central Bank of Belize launched today a new Automated Cheque Processing, which paves the way for the electronic processing of cheques. It means that clearing time will be reduced significantly, thereby accelerating the flow of money. The automated system will also result in robust business activity, according to the bank’s officials. It kicks in […]
The House of Representatives met in its final session before the mandated summer break and there was a lot to discuss. We’ll have all the highlights, but first, to the development bills. The Economic Development Council is now a creature of law, following an interesting debate in the House of Representatives. The Council is considered […]
Accusing the Leader of the Opposition in particular and the Opposition generally of ignorance of the role of the Council, Prime Minister Dean Barrow gave them credit for several of the bills introduced in the House earlier this year and debated today, as well as being supported internally and externally as Belize positions itself to […]
As we reported on Wednesday, unemployment ticked up to nine percent year to year according to the Statistical Institute of Belize’s Labour Force Survey done twice annually. Additionally, just under seventeen percent of the force are measured to be “underemployed,” either under or over-qualified for their respective jobs. More tellingly, close to three in every […]
Five years ago, the minimum wage for working Belizeans was raised to three dollars and thirty cents. In that time, the cost of living has increased hundredfold, exacerbated by high gas prices and other shocks to the economy. Last week, there was a small protest and rally in Belize City by Belize Leaders for Social […]
The mayor also announced today that the City Council will be introducing a new trade license regime in the coming days. According to Mayor Darrell Bradley, the new system will cause a decline in revenue which local government currently collects since it standardizes the fees that are being paid by certain businesses. Bradley says payments […]
It is estimated that the municipal government stands to collect one million dollars less; monies which Mayor Bradley says will be realized through other means. One option to regain those monies is through the sale of personalized license plates which would only allow CitCo to recover half of those losses. Reporter “What is the […]
The majority of businesses are micro, small and medium enterprises, known as MSME’s. These businesses help drive the engine of an economy and provide jobs especially at the start-up level. But while they may prove innovative and creative in their ways of thinking, they often suffer from general lack of access to financing and especially […]
Prices for goods and services shot up considerably in May of this year when compared to the same period last year. Consumers were hard hit on the pocket due to higher transportation costs occasioned by an increase in the price of fuel. Transportation prices increased by eight point three percent from May 2016 to May […]
