Business & Economy
Sugar crop season back on track; BSI/ASR and cane farmers settled dispute over interim agreement
After some hurdles, the Belize Sugar Industries Limited (BSI)/American Sugar Refinery (ASR) and the Belize Sugar Cane Farmers Association (BSCFA) settled a dispute regarding an interim agreement. On Monday, January 3rd, the sugar cane crop started without further interruptions. As of 10AM the BSI/ASR began to receive the first loads of cane at the factory situated at Tower Hill just outside Orange Walk Town.
Business & Economy
Sugar crop season in limbo; no agreement reached between BSI/ASR and cane farmers association
The current standstill outside Orange Walk Town by the sugar factory continues with a possibility to come to an end on Monday, January 3, 2022. The main area of contention between the Belize Sugar Cane Farmers Association (BSCFA) and the Belize Sugar Industry (BSI)/American Sugar Refinery (ASR) is an interim agreement regarding the handling/ milling of the sugarcane expected to last throughout the crop in August of 2022, instead of only up to the end of April. Farmers fear that if the commercial agreement ends in April, it could jeopardize the sugar season of the upcoming year.
Business & Economy
Caye International Bank appoints Luigi Wewege as President
The Board of Directors of Caye International Bank is pleased to announce the appointment of Luigi Wewege as the bank's new President.
Business & Economy
BTB Awards Winner of their Innovation Challenge
In a short ceremony on December 1st, 2021, The Belize Tourism Board, announced the winner of their first Innovation Challenge. Cognizant of the importance of supporting small businesses and budding entrepreneurs, BTB launched this initiative in early September, under the theme “INNOVATION CHALLENGE: TRANSFORMING TOURISM FOR THE FUTURE”.
Business & Economy
Prime Minister Briceño Meets with the Belize Chamber of Commerce and Industry
On November 24, 2021, Prime Minister Hon. John Briceño and Hon. Christopher Coye, Minister of State in the Ministry of Finance, Economic Development and Investment, met with the executive council of the Belize Chamber of Commerce and Industry (BCCI) at his office in Belize City. The main area of focus was the imminent opening of the land borders.
Business & Economy
Belize at the Heart of 25th Annual President’s Week Conference, With Joel Nagel as Host and Ron Paul as Keynote Speaker
Focused on global asset protection and investment with a particular concentration on Belize, Caye Bank's Joel Nagel and ECI's Mike Cobb hosted the 25th Annual President's Week in Las Vegas, Nevada, with 2-time Presidential Candidate Ron Paul as the Keynote Speaker.
Business & Economy
National Vegetable Stakeholders Meeting
The Ministry of Agriculture, Food Security and Enterprise hosted a National Vegetable Stakeholders meeting at the Agriculture and Trade Showgrounds in Belmopan. The main objectives were to present on the status of the national vegetable crop production season 2021-2022 and to validate reported production data.
Business & Economy
Islanders’ welcome changes in COVID-19 regulations; booster shots available for those ages 18 and older
The Ministry of Health and Wellness (MOHW) made two announcements on Wednesday, November 10th, regarding the COVID-19 health regulations and vaccinations. MOHW’s Minister, Honourable Michel Chebat, stated that starting November 22nd, the curfew will change to 10 PM-4 AM on Sundays through Thursdays. On Fridays and Saturdays, the curfew will be 11 PM – 4 AM. Chebat also said that COVID-19 vaccine boosters are now available for anyone 18 years of age and older. Stakeholders in San Pedro Town welcome the amendments aimed at benefiting the upcoming high tourism season.
