Saturday, January 24, 2026

Business & Economy

What’s New: Wet Corner Car Wash

From a simple hand wash and vacuum to waxing and polishing and full interior/exterior detailing, their pride is in a job well done. Their popular $35 service brings an overall wash and oil bath, shine treatment, and tire care.

FIU Issues Statement Regarding Sanctuary Belize, FTC, and AIBL

The FIU iterates that matters between the Sanctuary Bay group, AIBL, and the FTC are ongoing and will be resolved in the United States. Furthermore, the vast majority of transactions which form the basis of this complaint were executed in the United States, and not in Belize. The FIU continues to be a fully supportive international partner in combating transnational financial crime. In this case, extraordinary efforts were made to do the same.

Not enough markets for Belize’s record-breaking sugar crop season

Sugar industry stakeholders in the northern part of the country claim that the results were beyond expectations, producing over 140 thousand tons of sugar. However, despite successful in production, the industry continues to struggle in securing markets, following the European Union (EU) reforms which no longer give Belize preferential rates on sugar.

BTB reports a remarkable tourism growth for mid-year of 2019

On Thursday, July 11th the Belize Tourism Board (BTB) released their latest statistics for the first half of this year, which shows a remarkable and persistent growth in both overnight and cruise ship arrivals positioning Belize as a favorite vacation paradise. It further underscores the effective marketing strategy of its industry stakeholders in promoting the country as a leading tourism destination.

MSME Enhancement program workshop held in San Pedro Town

The Micro, Small and Medium Enterprises Enhancement (MSME) program was launched on May 29th in Belize City to reduce the cost of doing business and strengthening the competitiveness of the MSME participants.

Trade Licenses Fees to be adjusted in 2020

In 2020, an adjustment in Trade License fees is expected to come into effect across the country, and businesses will be charged based on their commercial category.

SIB reports a 5.2% economy growth in the first quarter of 2019

On Wednesday, June 26th the Statistical Institute of Belize (SIB) released their latest figures in the consumer price index, external trade, 1st quarter 2019 gross domestic product, and the preliminary results for the April round of the 2019 Labor Force Survey.

Sandbar and Nook take top prizes at 2019 San Pedro Lobster Festival!

Another successful Lobster Festival is in the books, and we congratulate the winners of the food and beverage category: Sandbar, Nook, Mesa Cafe/Cocos Locos, Pineapples and Camo Cantina!