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Global Institutions: Crisis Easing; Not Yet Over
The world's principal institutions overseeing energy, finance, development and trade say the immediate shock from the Middle East war is easing, but warned that the global economy remains vulnerable and governments should remain prepared for further disruption. In a rare joint statement issued after a high-level coordination meeting on July 7, the heads of the International Energy Agency (IEA), International Monetary Fund (IMF), World Bank Group and World Trade Organization s
5 days ago


Income Up 13.3%, But Food Prices Erode Gains
BELIZE CITY, Thurs. July 2, 2026 — Average monthly income in Belize has risen 13.3 percent over the past four years, outpacing headline inflation of nearly 11 percent, but the sharper 18 percent increase in food prices suggests many lower-income households may have seen little improvement in their purchasing power. The latest Labour Force Survey released by the Statistical Institute of Belize (SIB) shows that employed persons earned an average of $1,525 per month in April 202
6 days ago


WHERE HAVE THE WORKERS GONE?
Belize City, June 25, 2026 — Belize's unemployment rate has fallen to a record-low 1.9 percent but so has the number of Belizeans with jobs.
Jun 28


‘Keep Call Centers in America Act’ Explained
The U.S. Senate is reviewing a new measure—officially titled the Keep Call Centers in America Act of 2025—that would impose strict...
Aug 15, 2025


DISAPPEARING WORKERS? PART II: Economists Urge Deeper Analysis
Belize City, December 19, 2024 — Economist Dr. Philip Castillo has called for urgent research into Belize’s declining labour force,...
Dec 22, 2024


Trump’s Victory: Implications for Belize
By Dr. Philip Castillo To secure his electoral victory, Donald Trump made several promises but gave little indication how those will be...
Nov 16, 2024


Bread Price Hike: A Necessary Measure, Says Minister Andre Perez
Minister of the Blue Economy and stakeholder in the bakery industry, Hon. Andre Perez, addresses the nationwide bread price increase,...
Jun 7, 2024


Minister explains need for measured sugar price increase
Minister of Agriculture Hon. Jose Mai, during a Special Sitting of the House of Representatives on May 30th, 2024, called for a measured,...
Jun 1, 2024


More Energy from BELCOGEN Could Offset Energy Crisis
Belize Sugar Industries (BSI) says that increased energy production at its BELCOGEN power plant can help offset Belize’s current energy...
Jun 1, 2024


Economist: 'Export Tax' could help ease Belize’s Sugar Shortage
Belize City, Belize — To remedy the sugar shortage caused by persons or businesses taking advantage of the price differential between...
May 17, 2024


Current Issues: BEL Chairman Sheds Light on Links between Power Cuts and Regulations
BELIZE CITY, May 2024 – In response to ongoing load shedding issues in Belize, E. Andrew Marshalleck, Chairman of Belize Electricity...
May 17, 2024


Artificial Intelligence to impact local jobs
The effect of Artificial Intelligence (A.I.) on the Business Process Outsourcing (BPO) sector has already started to be felt in Belize,...
Feb 3, 2024


Belize’s 2nd Sugar Mill says it could have supplied cheaper sugar to local market
Santander Sugar Limited has told the Reporter Newspaper that they could have offered Belizeans a better price for refined sugar instead...
Jan 14, 2024


Price Controls, Yes or No?
Albert Area Rep., Local Economist, and BCCI President speak on whether it’s time to revisit ‘price control’ policy for sugar The time may...
Jan 14, 2024


40 price-control violations in a month!
The Supplies Control Unit (SCU), given its recently expanded price-control mandate, has recorded, in one month, almost three times the...
Oct 14, 2023


GOB tackles Cost of Living for the Poor
In recent years, the cost of living has been steadily increasing, placing a significant strain on people’s wallets. Rising expenses,...
Oct 7, 2023


No Sugar Shortage, Demand grew 21% - ASR/BSI
By William Ysaguirre Local demand for Plantation White Sugar (PWS) has increased by 21 percent increase in sales compared to last year,...
Oct 5, 2023


Slower but not lower: decelerating inflation rate does not equal reduced prices
Belize’s headline inflation rate has been cut in half, having fallen from 6.6% in January to 3.3% as of June, but that does not mean that...
Sep 2, 2023


Global grain prices set to increase by 10 to 15%: IMF chief
Grain prices—which include wheat and rice—could increase between 10 to 15%, International Monetary Fund (IMF) chief economist explained...
Aug 3, 2023


Local economist says price control should be 'last resort' to combat inflation
By Michelle Sutherland As the debate rages on about whether the new price control policy will assist in combating inflation, Economic...
Jul 29, 2023
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