Business & Economy
Former Colombian President Ivan Duque Marquez to speak at Belize Investment Summit in San Pedro
The second edition of the Belize Investment Summit will officially open with an inaugural ceremony on Thursday, August 31st, at the Grand Caribe Resort north of San Pedro Town. The event, held every two years, aims to showcase the investment opportunities in Belize and inspire current stakeholders to expand. The summit welcomed potential investors and stakeholders with motivational speakers from Belize and abroad. Attending the event this time as the keynote speaker is former President of Colombia, Ivan Duque Marquez. He is considered very vocal about the importance of the Orange Economy, which Marquez will promote at the summit.
Business & Economy
The Financial Services Commission (FSC) Is Granted Membership Approval Into The Caribbean Group Of Securities Regulators (CGSR)
The FSC has achieved a significant milestone by securing membership in the CGSR, a direct outcome of the Council of the Securities Regulators of America (COSRA) meeting that was initiated in 2002. COSRA, representing the securities regulators of Barbados, the Bahamas, the Eastern Caribbean, Jamaica, and the Republic of Trinidad and Tobago, birthed the CGSR as a dynamic platform for regional collaboration to discuss and resolve regulatory issues amongst Member States.
Business & Economy
Second Belize Investment Summit to be held in San Pedro
The second Belize Investment Summit is happening in San Pedro Town, Ambergris Caye, from August 30th through September 1st at the Grand Caribe Resort....
Business & Economy
Caye International Bank in its 20th Anniversary Year Partakes in Belize Delegation trip to Iowa Investment Partner
On Thursday July 20th, 2023, Caye International Bank’s (CIB) senior leadership, led by Chairman Joel Nagel, embarked on an international journey to East Omaha/Council Bluffs, Iowa, USA. CIB's executive management and board of directors held formal meetings as well as met with their investment colleagues at TS Prosperity Group, a division of Treynor State Bank.
Business & Economy
Caye Caulker entrepreneur produces alkaline water with support from a Guatemalan university
Caye Caulker resident Celina Jimenez is the creator of Island Fresh Water, a newly established business offering alkaline water in Belize. This business venture was made possible with the support of Universidad del Valle Guatemala (UVG) in Guatemala City through a pilot project geared toward developing women entrepreneurs from Guatemala and Belize. The program hosted in collaboration with the Center for Promotion of Micro, Small, and Medium Enterprises helped improve the entrepreneurs’ current businesses and products.
Business & Economy
The Blue Economy promotes the sustainability of stone crab claws harvesting in Belize
The stone crab’s claws have become a delicacy in gourmet restaurants with increasing demand in areas such as Ambergris Caye off the northeast coast of Belize. A plate containing 1 1/2lb of cooked stone crab claws sells for up to US$42.50. The value of the overall industry, as per the Belize Fisheries Department (BFD), was around $125,000 for the local market. However, this number is expected to increase as exporting stone crab claws to other markets in the United States and the Caribbean starts.
Business & Economy
El Salvador Approves Importation of Belizean Products
Following efforts by the Ministry of Agriculture, Food Security and Enterprise to open markets for Belizean products in El Salvador, the Ministry of Agriculture and Livestock of El Salvador has informed the Belize Marketing and Development Corporation (BMDC) that a request for a pest risk analysis (PRA) for four commodities ─ carrot, citrus, onion, and pineapple ─ has been approved.
Business & Economy
Caye International Bank: Implementing Innovative Measures to Drive Future Success
On Monday the 26th of June 2023, in Belize City: Kareem Michael, Governor of the Central Bank of Belize welcomed select members of the executive management and board of directors of Caye International Bank (CIB). The meeting was well received by all in attendance and the discussion covered the current and future progress of the largest international bank in the country by total deposit size.