Business & Economy
PUC reduces electricity rates by 2.9%
The reduced electricity rate, under 2.9%, was approved by the Public Utilities Commission (PUC) and will be in effect until June 30, 2024.
Business & Economy
Minister of Agriculture addresses the issue of importing dairy products
Hon. Mai notes the urgency to restrict, manage, and carefully monitor the importation of Mexican milk and foreign mozzarella/cheddar cheeses to have a balanced competition with local products.
Business & Economy
Restructuring Plan for the Ministry of Agriculture, Food Security and Enterprise
The main aim of the exercise was to ensure that there is a clear alignment of goals for all sectors under the Ministry for the short-, medium- and long-term, as well as strategies to achieve these goals and ensuring that resources in the Ministry, both human and material, are optimized.
Business & Economy
Sugar Industry Control Board Holds Special Meeting to Revise Crop Production Estimates
Due to more than 2,700 cane farmers' concern, a special meeting was held to discuss and review sugar production estimates for 2020-21 previously presented by the Sugar Cane Production Committee.
Business & Economy
Belize Exports First Shipment of Chicken to CARICOM
The Ministry of Foreign Affairs, Foreign Trade and Immigration in partnership with the Ministry of Agriculture, Food Security and Enterprise is pleased to announce that on December 23, 2020, Belize exported 16,000 lbs of assorted chicken meat to Grenada, the first ever shipment of poultry products to the CARICOM region.
Business & Economy
Minister of Agriculture Receives Donation from OIRSA
On December 18, 2020, the Minister of Agriculture, Food Security and Enterprise, the Hon. Jose Abelardo Mai, received a donation from the OIRSA Regional Emergency Fund to assist farmers and livestock producers affected by the recent floods.
Business & Economy
IDB Invest promotes the development of tourism in Belize through Atlantic Bank
IDB Invest, a member of the IDB Group, will provide a loan to Atlantic Bank Limited (Atlantic Bank) for US$20 million with a three-year tenor. The financing will promote the growth of Atlantic’s micro, small and medium enterprises (MSME) portfolio in Belize including tourism, a sector deeply affected by COVID-19.
Business & Economy
Changes in the Pump Price of Fuel Effective December 11, 2020
The prices for regular gasoline and kerosene will register increased as follows:
Regular Gasoline will increase by 48 cents from $8.61 to $9.09 per gallon;
Kerosene will increase by 1 dollar from $4.73 to $5.73 per gallon.
The prices for premium gasoline and diesel will remain unchanged at $9.49 and $8.11 per gallon, respectively.
