Business & Economy
Changes in the Pump Price of Fuel Effective January 8, 2020
The price for kerosene and diesel will register increased as follows:
Kerosene will increase by 26 cents from $7.51 to $7.77 per gallon;
Diesel will increase by 23 cents from $ 10.06 to $ 10.29 per gallon.
The prices for regular gasoline and premium gasoline will remain unchanged at $10.72 and $10.06 per gallon, respectively.
Business & Economy
Minister Heredia says fluctuations in tourism will not affect overall arrivals for 2019
The report on tourism arrivals for the first half of 2019 showed an overall increase, compared to the same period in 2018, but the following months showed numbers fluctuating.
Business & Economy
Unemployment rate on a rise: SIB reports 10.4% of Belize’s labour force without jobs
As the year winds down, The Statistical Institute of Belize (SIB) is reporting that the national unemployment rate continues to grow. According to their most recent Labour Force Survey (LFS) in September of 2019, the national unemployment rate grew from 7.7% in April 2019 to 10.4% in September 2019.
Business & Economy
Belize on an Economic Activity Decline
As of the third quarter of 2019, the Statistical Institute of Belize (SIB) is reporting a decline in economic activity for the county of Belize. A 0.4% decline rate was observed in the country’s total level of economic activity in the period of July to September 2019 when compared to the same time bracket in 2018.
Business & Economy
Marco Gonzalez Maya Site, the only established National Park on a Belizean island, closed due to no GOB funding
According to Brown, who serves as the site manager, a meeting with the Government of Belize’s (GOB) Institute of Archaeology (IoA) in late June promised that they would finally include Marco Gonzalez in their national budget.
Business & Economy
IDB Group Vice President for Countries visits Belize
Vice President for Countries for the Inter-American Development Bank (IDB) Group Alexandre Meira da Rosa, visited Belize this week to meet with top government officials and private sector representatives to discuss ways of strengthening the Bank’s partnership and cooperation with the Government and private sector to ensure the country’s sustainable development.
Business & Economy
Tropic Air celebrates 40 years of service; new Caye Caulker terminal welcomes guests
Tropic Air, the Airline of Belize, celebrates 40 years of service and begins operations in new Caye Caulker terminal, designed by NUDE Architecture.
Business & Economy
BTIA CELEBRATES 34th ANNUAL GENERAL MEETING
The Belize Tourism Industry Association (BTIA) celebrated its 34th Annual General Meeting on Thursday, 5th December 2019 at the Radisson Fort George Hotel and Marina.
