Business

EU $2.75 million grant helps Mayan sites benefit villagers
Business

EU $2.75 million grant helps Mayan sites benefit villagers

The Belize Tourism Board and the National Institute of Culture and History this week launched a $4 million Belize Rural Development Project  at the House of Culture in Belize City. 

Belize Tire Solutions puts rubber to the road
Business

Belize Tire Solutions puts rubber to the road

The Mike Reb Automotive Group now offers the retreading of tires through its new company Belize Tire Solutions, located in Orange Walk Town. The company has the franchise for Bridgestone Bandag retreading (recapping) process, a patented method for recycling used tires. The company, which opened for business in mid January, […]

Business

CDB funds $7.25M road safety project

Belize, which had the highest traffic fatality rate among Caribbean Development Bank member states in 2006, has received a $14.5 million CDB loan to finance a Road Safety Project, designed to decrease the number of traffic fatalities that occur in the country.

Exporting Caribbean creativity: Calling all artisans
Business

Exporting Caribbean creativity: Calling all artisans

BRIDGETOWN, Barbados — Caribbean Export Development Agency (Caribbean Export) has officially opened the doors for the best regional contemporary product designers and artisans to showcase their products to regional and international buyers at the region’s largest design trade event, Design Caribbean.

Opportunities for Small and Medium Enterprise (SME) Investment in Belize
Business

Opportunities for Small and Medium Enterprise (SME) Investment in Belize

SME’s account for more than 90% of firms within Belize, and they constitute a major source of employment while generating significant domestic earnings. 

Business

Tourism arrivals up in 2012

Kudos are in order for Belize’s tourism industry which reported a 10.7 percent increase in overnight arrivals. The figures for last year show that there 277,135 visitors, which is 26,872 more than in 2011.

Business

Work slump hits women and youth hardest

Young people and women remain the groups hardest hit by the rising unemployment rate, which, according to a national survey done by the Statistical Institute of Belize last September, has increased to 16.1 percent of the work force or 24,387 persons. This was an increase of 1.7 percent points over […]

Why the Government Is Suing Standard & Poor’s
Business

Why the Government Is Suing Standard & Poor’s

By Rick Newman As a legal drama, it has gone on way longer than most people’s attention span can tolerate. But the plot continues to thicken in the quest for villains responsible for the 2008 financial meltdown.

Business

$1.5 million could save southern rice industry

The rice production in the south experienced a record-breaking drop for the 2012-2013 crop, but the chairman of the Rice, Beans and Corn Association, Dennis Usher, says one “soft loan” from government is all that is needed to save the industry.

Opposition says Citco’s new tax measure might be illegal
Business

Opposition says Citco’s new tax measure might be illegal

Opposition Leader, Francis Fonseca, said the Belize City Council’s plan to deny drivers license to residents who owe certain taxes might very well be illegal. Fonseca said to The Reporter last Wednesday, “there are some lawyers that I have already spoken to that are of the view that it is […]