Business & Economy
Tropic Air Celebrates 40 Years Of Service to Belize
40 years of service in Belize has seen the growth of its customers and the tourism industry of Belize. Tropic Air says that is what makes them most proud. Happy 40th Anniversary!
Business & Economy
Building Unit Awareness workshop held in San Pedro Town
The Ministry of Housing and its partners are hosting workshops throughout the municipalities in Belize, engaging local building authorities and stakeholders in the construction sector.
Business & Economy
Changes in Pump Price of Fuel Products
The price for premium gasoline, regular gasoline and kerosene will register decreases as follows:
Premium gasoline will decrease by 4 cents from $10.78 to $10.74 per gallon;
Regular gasoline will decrease by 2 cents from $10.07 to $10.05 per gallon;
Kerosene will decrease by 18 cents from $ 7.53 to $ 7.35 per gallon.
The price for diesel will remain unchanged at $9.90 per gallon.
Business & Economy
BIDC Expo promotes Barbados’ products to Belize
Belize presently enjoys a favorable trade balance with Barbados which buys more Belize exports than Belize imports Barbados. Ten Barbados companies promoted their products and services, seeking Belizean partners, at a two-day trade Expo hosted by the Barbados Investment & Development Corporation (BIDC) in collaboration with BELTRAIDE, at the Best Western Biltmore Plaza Hotel in Belize City on Tuesday and Wednesday, November 12-13.
Business & Economy
Belize removed from EU tax haven blacklist
Belize is back in good graces with the European Union (EU) after its Economic and Financial Affairs Council removed the country from the list of non-cooperative jurisdictions on Friday, November 8th. This change came after the recent amendment to the International Business Act, along with the promulgation of the Economic Substance Act.
Business & Economy
SPTC addresses non-registered property owners and those owing taxes
In early October of this year, the Government of Belize (GOB) announced that it would be implementing the Land Tax Amnesty Programme, after it was passed by the House of Representatives and approved by the Senate in September.While the programme served as an engine to write off millions of dollars in taxes, it also offers the opportunity for land owners who owe property taxes to settle or manage the arrears within a period of six months beginning from October 2019.
Business & Economy
Belize removed from the EU List of Non-Cooperative Jurisdictions for Tax Purposes
The Economic and Financial Affairs Council (ECOFIN) of the European Union (EU) has agreed to remove Belize from the EU list of non-cooperative jurisdictions (the ‘blacklist’).
Business & Economy
BTB Mid-year report shows impressive growth
Belize’s tourism industry continues to show impressive growth according to the Belize Tourism Board’s (BTB) recent mid-year tourism insight performance release. It is the first digitally interactive publication produced by BTB to provide the tourism industry with a snapshot of tourism trends occurring over the first six months of 2019.
