A Not-So-Sweet Increase In The Cost Of Condensed Milk
The import duty on condensed milk will increase by 30%, raising prices for bakers and affecting their profits.
The import duty on condensed milk will increase by 30%, raising prices for bakers and affecting their profits.
The Statistical Institute of Belize presented inflation figures from January to November of last year during a press conference.
Belize's trade imbalance is widening as imports increased by 28.4% while exports decreased by 33.1% in November, according to Statistician Tiffany Vasquez.
Onion farmers met with the Ministry of Agriculture and BMDC to address issues regarding onion imports and local market sales.
Cabinet members met with the Belize Sugar Cane Farmers Association to discuss ongoing issues regarding their agreements with BSI.
The SIB assessed the gross domestic product for the third quarter of last year, comparing economic performance over several years.
The price of condensed milk is set to increase by 30% due to new import duties related to CARICOM's common external tariff.
Heritage Bank reports a decrease in phishing cases, citing effective collaboration among banks to prevent such incidents.
Farmers in Corozal are struggling as imported onions flood the market, causing local prices to drop and threatening their livelihoods.
Kent Clare discusses the responsibilities of banks in recovering funds lost to scams and the importance of customer-bank communication.
Onion farmers in Concepcion are losing crops due to the government's importation of onions during the local harvest season.
Farmers in the sugar industry will receive an increase in their fuel subsidy to improve their financial situation.
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