Belize will introduce new currency notes featuring National Heroes George Price and Phillip Goldson, with designs set to be unveiled in early 2025.
Belize Telemedia Limited reported a 1% increase in total revenues and a 16% rise in net operating profit for the fiscal year 2023-2024.
The Belize City Council plans to introduce a new trade license regime in January 2025 to improve business predictability and transparency.
A new tax regime will assess trade licenses based on productive space, sparking debate among local business owners about its implications.
The Statistical Institute of Belize reported a 3.8% inflation rate driven by rising food prices in August 2024.
The revised gross domestic product for 2023 shows a growth of only 1.1%, down from earlier estimates of 3.5%.
The second quarter of 2024 saw a strong GDP growth of 10%, driven by increases across all sectors including primary, manufacturing, and tertiary.
Peak Outsourcing inaugurated a new building in Belize City, expected to create 1,500 jobs for local residents.
Michael Feinstein offers to sell 23.4 acres of land and shares in Stake Bank Enterprises Ltd to the Government of Belize for US$50 million.
Belize's Phillip Goldson International Airport is set for a $250 million expansion to improve its ranking and accommodate increasing tourist arrivals.
Caribbean International Brewery warns that importing Corona beer could lead to increased contraband and harm local breweries in Belize.
The government has paused a permit for importing Corona beer after concerns from local breweries and Minister Jose Mai's intervention.
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