SIB: Economy Grew
The economy grew by 2.1% in the first quarter of 2017, driven mainly by the agriculture sector.
The economy grew by 2.1% in the first quarter of 2017, driven mainly by the agriculture sector.
The economy grew due to a significant increase in sugar production attributed to better cane quality and favorable weather conditions.
Bowen and Bowen's beer and soft drink production decreased for the second quarter due to increased imports.
Overnight tourist arrivals have increased, but hotel occupancy rates have decreased due to competition from AirBnB.
Belize's imports decreased while exports increased, driven by a significant rise in sugar earnings.
Exports from Belize to the United States declined by 10.8 million dollars in the first quarter, primarily due to reduced orange concentrate sales.
BELTRAIDE and SELA hosted a workshop for businesses on managing risks and continuing operations after natural disasters.
The economy grew by 2.1% in the first quarter of 2017, primarily due to an increase in the agriculture sector.
The economy grew due to increased sugar production, attributed to better cane quality and favorable weather conditions.
Bowen and Bowen's beer and soft drink production decreased for the second consecutive quarter due to increased imports.
Overnight tourist arrivals have increased, but hotel occupancy rates have decreased by 5% due to competition from AirBnB.
Belize's imports decreased while exports increased, driven by a significant rise in sugar earnings.
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