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.
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.