November 22nd, 2013
Caribbean Export Development Agency (Caribbean Export), in collaboration with the Caribbean Association of Investment Promotion agencies (CAIPA), is hosting the fourth annual CAIPA general assembly in Belize on November 21-22, 2013.
Investment promotion agency (IPA) officials from member countries will focus attention on the development of CAIPA’s Strategic and Sustainability Plan for years 2014-2018, under the theme “Towards an Enhanced FDI Strategy: Strengthening our Foundation and Honouring Regional Excellence”.
Also, during this year’s general assembly the Regional Investor of the Year Award will be hosted for the Caribbean territories who are members of CAIPA, which seeks to recognize and promote the significant contribution of foreign and local investors to the Caribbean economy. Among the member countries there are Antigua and Barbuda, Bahamas, Barbados, Belize, the Cayman Islands, Curacao, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Montserrat, St Kitts and Nevis, Saint Lucia, St Vincent and the Grenadines, Suriname, Trinidad and Tobago and the Turks and Caicos Islands.
The recognition and promotion of the Regional Investor of the Year is part of the programme of Caribbean Export Development Agency supporting CAIPA in the attraction of foreign direct investment into the Caribbean region.
October 28th, 2013
The Caribbean Export Development Agency has launched the Belize National Trade Information Network. The other countries in the region establishing N-TIN are Jamaica, the Dominican Republic, Barbados, Trinidad and Tobago, and Suriname.
The National Trade Information Network is a collaboration between trade and business support institutions of these countries, which have committed to support the development of a regional trade information system implemented by Caribbean Export Development Agency. The network will provide full, accurate and timely information on services trade, trade and economic statistics, market and sector briefs, tariff and non-tariff data, directory of businesses (exporter/buyers), links to important intermediaries e.g. trade promotion organisation and government agencies, and the structure and export performance of national economies within the CARIFORUM region.
Countries-members of N-TIN will sign a memorandum of understanding (MOU) which outlines the issues relating to the provision of trade information services. Belize Trade and Investment Development Service (BELTRAIDE) will coordinate the network in Belize, and sign the MOU with Caribbean Export.
David Gomez, manager for trade and export development at Caribbean Export, said in his comments: “The N-TINs are central to the delivery of enhanced trade information services and will contribute to the establishment of mechanisms at the regional level for similar services delivery… the process involves both data collection and compilation and identification of services that respond to the trade information needs of CARIFORUM exporters and the wider private sector.”
October 16th, 2013
During this week, Belize is hosting the sixth regional meeting of the Caribbean Network Operators Group (CaribNOG), which attracted many computer networking specialists and enthusiasts willing to participate in a number of presentations and technical workshops delivered by Caribbean and international computer experts.
The Belize Public Utilities Commission was the local host for the event, which was also supported by a number of regional and international Internet development organisations, including the Caribbean Telecommunications Union, the American Registry of Internet Numbers (ARIN), the Internet Society (ISOC) and the Latin America and Caribbean Internet Addresses Registry (LACNIC) and US-based Packet Clearing House (PCH).
According to CaribNOG co-ordinator Bevil Wooding, “CaribNOG provides unique regional forum for local network technicians and technology professionals to share experiences and build practical skills needed to take the region into the future.”
Etienne Sharp, a director at a Belize-based internet service provider Alternative Networks Limited, was impressed by the event and particularly by its relevance to Belize. Sharp said: “The sessions spoke to the core issues we face on a daily basis as network administrators and technology specialists. In addition to the high levels of collaboration, I was also glad to see that most of the experts are drawn from right here in the Caribbean.”
One of the major results of the event was a public announcement by Belize ISPs of their intention to form a local internet exchange point.
The next CaribNOG regional event will take place in April 2014 in Dominica.
September 20th, 2013
Belize Telecommunications Limited, a government-owned national operator, will hold its annual general meeting on September 26, when it is going to report a new profits decrease in the amount of US$5.5 million.
As compared to 2011, the gross revenue of telecommunications operator has fallen down significantly from US$158 million to US$144 million in 2013. Also, this year BTL will report an after tax profit of US$21 million – a decrease of 13 million as compared to US$34 million reported in 2011. Earnings per share have also dropped by 38 per cent, from US$0.68 in 2011 to US$0.42 in 2013.
BTL also informs about the changes in the company hierarchy and structure, particularly, setting up of an Executive Committee, which is comprised of two members; one of them is Belize Prime Minister’s son, Anwar Barrow.