Work Begins On Major Road Project
work has begun on a major road project to improve safety and traffic flow on the northern highway between the Haulover Bridge and the airport.
work has begun on a major road project to improve safety and traffic flow on the northern highway between the Haulover Bridge and the airport.
The Mexican embassy hosted a trade mission in Belize City to connect local construction companies with hardware material suppliers.
BEL opened its series 7 Debenture Offer, offering 27.5 million dollars at an interest rate of 6% per annum for twelve years.
BELTRAIDE is developing a business incubator with support from the World Bank and Accelerate Caribbean to enhance entrepreneurship in Belize.
CDB officials warn that de-risking poses a significant threat to economic growth in the Caribbean due to disrupted banking relationships.
The CDB projects Belize's economic growth for 2017 at 2.7%, above the regional average, despite risks from de-risking and challenges in the agriculture sector.
Belize's debt is at 80% of GDP, raising concerns about potential financial instability due to upcoming bond payments and BTL compensation.
The Caribbean Development Bank held a press conference discussing the economic outlook for Caribbean economies in 2016, expressing guarded optimism despite challenges.
The CDB expresses satisfaction with Belize's road safety project, highlighting its success and plans for further improvements on local highways.
The Belizean government is increasing fuel import duties despite falling world prices, leading to higher pump prices for consumers.
Fruta Bomba has laid off 123 employees due to unprofitability, prompting comments from Deputy Prime Minister Gaspar Vega on the situation and its causes.
Fruta Bomba in San Joaquin laid off 123 employees as it prepares to close its Belize operation and relocate to the Dominican Republic.
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