Thursday, November 5, 2026

Business & Economy

Vendors Call for More Promotion of New Artisan Market

The new artisan market in the Embarcadero area hosted its first night market event on June 18th, signaling to the community that the venue is now fully open for business. While some artisans from the former market along Angel Coral Street, across from the Honorable Louis Sylvestre Sporting Complex, have relocated to the new facility, several vendors say stronger promotion is needed to attract customers. As a result, the San Pedro Town Council (SPTC) is expected to explore activities to increase public awareness of the new location.

San Pedro Town Council hosts Job Fair

The San Pedro Town Council held a job fair on Saturday, June 6th, at Central Park as part of efforts to fill vacancies within the municipality. Council representatives conducted interviews with applicants for various positions.

Belize Assumes CDB Leadership Role and Lands Major Climate Investment

On June 5th, Belize officially assumed the Chairmanship of the Caribbean Development Bank (CDB) Board of Governors and secured $20.2 million in climate resilience funding. The handover took place during the closing ceremony of the 56th Annual Meeting of the Board of Governors in Nassau, Bahamas. Dr. Osmond Martinez, Minister of State for Economic Transformation and Belize’s Alternate Governor to the CDB, accepted the Chairmanship on behalf of Prime Minister John Briceño.

International Airport Project Moves Forward for Ambergris Caye

Several major projects are in the pipeline for northern Ambergris Caye, including three new schools and an international airport. Construction of the schools is expected to begin this year, while plans for the new airport have reportedly been approved. Once completed, the airport will accommodate private jets, domestic and regional flights, and charter services.

Belize’s Consumer Confidence Continues Downward Trend

Belize's Consumer Confidence Index (CCI) fell to 44.0 in April 2026, down from 45.7 in March, according to data released by the Statistical Institute of Belize (SIB) on May 27th. The figures indicate that consumers became more pessimistic about both current and future economic conditions. However, the Belize District, which includes San Pedro Town, was the only district in the country to record an improvement during the month.

BCCAR conducts two-day clinic to assist San Pedro business owners

The Belize Companies and Corporate Affairs Registry (BCCAR), in collaboration with the San Pedro Town Council, hosted a two-day business clinic on May 28th and 29th at the San Pedro House of Culture. The initiative aimed to provide local business owners with direct assistance on a range of registry-related services, including business name registration, re-registration, name changes, filing status guidance, and general inquiries.

SP BTIA Hosts International Travel Wholesalers Networking Luncheon

The San Pedro Chapter of the Belize Tourism Industry Association (SP BTIA) recently hosted a networking luncheon connecting island tourism stakeholders with two international travel wholesalers currently visiting Belize to explore accommodations and tourism experiences for their growing client markets.

Belize launches TalentUp initiative to strengthen digital skills

The TalentUp Operational Workshop officially launched in Belize on Wednesday, May 20th, as part of a Google- and Inter-American Development Bank (IDB)-backed initiative to strengthen digital skills among Belizeans, particularly youth. The event took place at the Ministry of E-Governance headquarters in Belmopan and brought together government officials, private-sector representatives, and members of the digital skills training team. Prime Minister Honorable John Briceño, who also oversees e-governance, attended the launch and addressed participants, underscoring the government’s commitment to the program.