Business & Economy
Government denies intentions to cut public officer’s salaries; BBB will support motion if implemented
The current government has reportedly denied allegations that public officers’ salaries will see up to a 20% reduction in pay at the start of the new fiscal year. Should salary cuts indeed be implemented, the government was notified via a letter sent by the Belize Business Bureau (BBB) to support the action.
Business & Economy
Prime Minister Leads Budget Consultations with Private Sector Representatives
On Tuesday, February 2, 2021, the Prime Minister Hon. John Briceño met with representatives of the Belize Chamber of Commerce and the Belize Business Bureau. Discussions focused on the realistic financial situation facing the nation, with a view to rebuilding the economy. The session was constructive with valuable input received from the private sector stakeholders.
Business & Economy
Senate passes UN Convention on the Recognition and Enforcement of Foreign Arbitral Awards
GOB says the move to ratify the UN Convention is all about debt management, investment confidence, rule of law and about a sound diplomacy.
Business & Economy
Minister of Agriculture, Food Security and Enterprise Tours Western Dairies Facilities
On January 21, 2021, Hon. Jose Abelardo Mai, Minister of Agriculture, Food Security and Enterprise, toured the Western Dairies processing facilities and a dairy farm in Spanish Lookout. The purpose of the tour was for the Minister to learn more about the Western Dairies brand of dairy products and the processes involved in producing milk products such as fresh milk, yogurt, cheeses and ice cream.
Business & Economy
New SI coming in February; current regulations remain
New legislation (SI) addressing the COVID-19 pandemic will be implemented on February 1st, replacing the current one, which came into effect on Sunday, December 20, 2020.
Business & Economy
Indefinite SI hurting tourism business on Ambergris Caye
San Pedro Town, Ambergris Caye is considered a law-abiding community adhering to the government's regulations to curb the spread of COVID-19. The current Statutory Instrument (SI), which was introduced before Christmas with tight regulations on curfews and alcohol sales, is causing problems in tourism areas and taking a toll on businesses on Ambergris Caye. Several island residents are appealing to the government to amend these regulations before they are forced to shut their businesses down, adding to the country's unemployment.
Business & Economy
Ready Call Center opens in San Pedro Town; more to get hired
The Ready Call Center (RCC) BPO opened with 34 employees, and seeks to hire up to 200 island workers total in the coming months.
Business & Economy
Reopening of the Corozal Free Zone
The Corozal Free Zone (CFZ) is scheduled to reopen on February 1, 2021. The date was set after Cabinet discussed the matter and appointed an inter-ministerial committee to review plans and protocols for the reopening.
