Andre Perez, owner of Casa Pan Dulce, states that the 50% increase in sugar prices will force him to raise his bakery prices significantly.
Bakers report that the recent increase in sugar prices will not significantly affect their businesses, citing concerns over scarcity instead.
Diesel prices decreased to six dollars and fifty eight cents per gallon due to lower world prices.
MSC Cruises made its first call in Belizean waters with the arrival of the cruise ship 'Davina'.
Social Security earned a $3.1 million return on its investment in preference shares of BEL, benefiting both parties financially.
Jack Charles faces mounting port fees while awaiting a court decision on his ability to import Guyanese rice.
government's tax on fuel has increased despite falling world oil prices, leading to higher pump prices for consumers in Belize.
Belize's fuel prices increased due to higher import duties as the government seeks to strengthen public finances amid declining oil production.
The PUC has rejected BEL's request for an increase in electricity rates, ordering the company to maintain previously approved tariffs.
Fuel prices are set to increase significantly after the Christmas weekend, despite world oil prices being at a 14-year low.
Valdemar Andrade of BTB revealed opposition to a new 2 million dollar insurance requirement for independent tour operators amid lease negotiations with FSTV.
Keisha Torres won Tropigas' 'Live Free For a Year Christmas raffle' and received a $12,000 check to cover her expenses.
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