分类: business

  • Inflatie in december 2025 op 11,4%, prijzen blijven stijgen

    Inflatie in december 2025 op 11,4%, prijzen blijven stijgen

    Suriname’s annual inflation rate reached 11.4% in December 2025, according to preliminary data released by the General Bureau of Statistics Foundation (ABS). The latest figures indicate a modest 0.4% month-over-month increase in consumer prices compared to November 2025. While representing a significant improvement from the peak inflation years of 2021-2023, the current price levels continue to exert substantial pressure on household purchasing power across the South American nation.

    Critical analysis of the inflation components reveals that food, housing utilities, and healthcare services remain the primary drivers of price escalation. Healthcare costs have demonstrated particularly dramatic annual increases, with additional significant contributions from restaurant dining expenses and alcoholic beverages alongside tobacco products. Conversely, certain product categories including fruits and vegetables experienced mild price reductions during December, though these isolated decreases do not indicate structural relief as other essential goods maintain elevated pricing.

    The ABS emphasized that reported inflation figures represent weighted averages that may not accurately reflect individual consumer experiences. December 2025 witnessed extraordinary price volatility across specific products, ranging from -49% to +600% monthly variations. Even more strikingly, the period from January 2024 through December 2025 recorded price fluctuations spanning -67% to +600%, explaining why many households perceive living costs as substantially higher than official statistics suggest, particularly regarding daily necessities and fixed expenses.

    Economists note that while inflation has clearly decelerated compared to previous years, this moderation does not automatically translate to purchasing power recovery. Prices continue their upward trajectory—albeit at a reduced pace—while wages and incomes for large population segments fail to keep pace with the persistent cost increases, creating ongoing economic strain for Surinamese families.

  • FLASH : Call for applications for Women Entrepreneurs

    FLASH : Call for applications for Women Entrepreneurs

    The Haitian Ministry for the Status of Women, under Minister Pedrica Saint Jean, has officially announced the commencement of applications for the second cohort of the Women’s Entrepreneurship Support Project (PAEF). This strategic initiative, originally developed by the Ministry of Commerce and Industry, represents a significant governmental effort to bolster female economic participation nationwide.

    The comprehensive program is designed to deliver both technical expertise and financial resources to women-owned enterprises and those with innovative, revenue-generating ventures. The project specifically targets established business leaders, women with pioneering project concepts, and those seeking business expansion or modernization opportunities. Eligibility requires physical business establishment within Haiti’s territories and current non-participation in other MCI initiatives.

    Priority consideration will be given to ventures operating within key economic sectors including agricultural production, livestock management, fisheries, manufacturing industries, artisanal crafts, waste processing and recycling, tourism infrastructure, technological innovation, and logistics services. The application window remains open for a limited period from January 27th through 30th, 2026.

    Prospective applicants must utilize the official business plan template available through the Ministry’s designated online portal. All submissions must be completed electronically via the provided digital form, as paper applications will not be accepted. Minister Saint Jean emphasizes the transformative potential of this initiative, urging qualified women entrepreneurs across all regions to participate in this groundbreaking economic empowerment opportunity.

  • Protesters Push Back Hard Against BTL Merger

    Protesters Push Back Hard Against BTL Merger

    BELIZE CITY — An unusual alliance of labor unions and political factions converged outside the Belize Telemedia Limited (BTL) headquarters on January 27, 2026, mounting substantial resistance against the proposed acquisition of Speednet (Smart). What began as a peaceful demonstration escalated into a significant display of public dissent against the multimillion-dollar telecommunications consolidation.

    The protest commenced at 8:00 AM with demonstrators quietly lining St. Thomas Street, but within hours swelled to a substantial crowd featuring representatives from multiple influential organizations. The National Trade Union Congress of Belize (NTUCB), Christian Workers Union, Public Service Union, and Belize Energy Workers Union stood alongside United Democratic Party (UDP) supporters—a remarkable coalition transcending traditional political divides.

    NTUCB President Ella Waight emphasized the strategic monitoring of BTL’s movements, stating, “We are very respectful people. We are holding the peace. But we hope we can continue holding the peace. As long as they do the right thing and don’t do anything today, it will remain like that.”

    The demonstration gained urgency following rumors that BTL’s board would convene to finalize the acquisition decision. Notably, the anticipated meeting had been canceled the previous evening, though protesters maintained their vigil. Police established a secure perimeter around the compound while employees watched uneasily from behind office windows.

    Union leaders articulated specific objections to the merger. Christian Workers Union President Leonora Flowers referenced historical precedents: “There is too much at stake here for Belizeans to just sit back and watch it go through. We have had this before in the past with this same administration.” Public Service Union President Dean Flowers challenged national complacency: “We need to understand that we are not a country of sheep and this sheepish lifestyle and behavior that we have exhibited needs to be done away with.”

    Adding theatrical protest, Wave Morning Show host Alfonso Noble appeared in a full bacon costume—a pointed critique aimed at BTL Chairman Markhelm Lizarraga, who owns a meat shop. Noble declared, “They are taking public money to buy a private company and there is absolutely no justification whatsoever.”

    Former employees joined the protest demanding outstanding severance payments, questioning how BTL could pursue a massive acquisition while allegedly failing to meet existing financial obligations. Emily Turner, past president of the Belize Communication Workers Union, noted the reduced acquisition price: “Remember they started at wanting to acquire three or four companies for a hundred and eighty million. So a hundred million has dropped out. So we don’t think there should be any delay in BTL having the money to cover this severance.”

    The event signals deepening concerns about telecommunications consolidation in Belize, with the broader debate about the nation’s digital future remaining decidedly unresolved.

  • BTL Accuses Protesters of Trespassing, Intimidation

    BTL Accuses Protesters of Trespassing, Intimidation

    Belize Telemedia Limited (BTL) has issued a forceful condemnation following a morning protest that saw demonstrators forcibly enter the company’s private compound. In an official statement released January 27, 2026, the telecommunications provider characterized the incident as unlawful trespassing that created unsafe conditions for both staff and customers.

    The company revealed that while a scheduled board meeting was occurring on premises, the gathering was unrelated to the proposed Speednet acquisition that allegedly motivated the protest. Instead, the meeting focused exclusively on internal human-resource matters stemming from a 2025 judicial decision.

    BTL asserted that the protest intentionally disrupted normal business operations in what appeared to be an attempt to pressure board members into relinquishing their governance responsibilities—a course of action the company firmly rejects. Describing the events as “regrettable and counterproductive,” BTL emphasized its zero-tolerance policy toward intimidation or harassment of directors and employees.

    The telecommunications firm is now collaborating with law enforcement authorities to address the security breach. In a significant escalation of rhetoric, BTL warned that such incidents extend beyond mere business disruption, potentially jeopardizing national economic security by undermining stable corporate operations.

  • Union Demands Lizarraga’s Exit Amid BTL Trust Fallout

    Union Demands Lizarraga’s Exit Amid BTL Trust Fallout

    A significant leadership crisis is unfolding at Belize Telemedia Limited (BTL), the nation’s state-owned telecommunications provider, as internal pressures escalate against Chairman Markhelm Lizarraga. The Belize Communications Workers for Justice has publicly demanded Lizarraga’s immediate resignation, citing a complete breakdown of trust, transparency, and corporate accountability under his stewardship.

    The controversy centers on two critical issues that have eroded confidence in BTL’s leadership. First, the company’s refusal to fully implement a Caribbean Court of Justice ruling mandating that severance payments be treated separately from pension benefits and distributed to all eligible former employees. This legal stance has created substantial tension between management and workforce representatives.

    Second, the union has identified what it characterizes as a glaring conflict of interest in BTL’s proposed acquisition of Speednet, further complicating the governance landscape. The situation has reached a tipping point with former BCWU President Michael Augustus revealing that Lizarraga previously advocated for these very worker benefits while in opposition to the United Democratic Party government.

    Augustus recounted Lizarraga’s earlier position: “He had a meeting in our office against then the United Democratic Party and its government. And was telling us that all these same things that we are demanding, including severance, was due to us.” This historical context underscores the union’s allegations of hypocrisy and conflict of interest, with Augustus concluding that Lizarraga “need to” resign from his position of authority.

    The growing discontent signals deeper structural issues within Belize’s telecommunications sector and raises questions about corporate governance standards in state-owned enterprises. As calls for resignation intensify, all stakeholders await BTL’s response to these serious allegations that threaten to destabilize the organization’s leadership framework.

  • BTL Workers Divided Over Speednet Deal, Union Silent on Severance Fight

    BTL Workers Divided Over Speednet Deal, Union Silent on Severance Fight

    A significant internal division has emerged within Belize Telemedia Limited (BTL) between former employees and current staff regarding the company’s proposed consolidation with Speednet. The Belize Communication Workers for Justice (BCWJ), representing ex-employees, has publicly opposed the acquisition, while an internal company poll reveals overwhelming support (79%) among current employees for the merger.

    The situation is further complicated by the conspicuous silence of the Belize Communication Workers Union (BCWU), which represents current staff, regarding former workers’ ongoing severance dispute. This silence persists despite a definitive ruling from the Caribbean Court of Justice in favor of the former employees. Multiple attempts to obtain comments from current BCWU leadership have been unsuccessful.

    Two former BCWU presidents provided insight into the union’s cautious stance. Emily Turner suggested that current union leadership faces legitimate fears of workplace victimization should they speak out, noting that corporate restructuring measures “will surely affect them” based on historical precedents.

    Michael Augustus offered a more nuanced perspective, acknowledging potential disappointment in the union’s silence while expressing understanding of their strategic position. He warned about “vindictive people” in BTL’s upper management who might retaliate against current employees supporting the severance fight, potentially even threatening pension benefits. Augustus maintained hope that internal support remains available when critically needed, noting “we still have some plug pullers in there.”

    The growing chasm within the BTL organization highlights the complex dynamics between corporate consolidation, worker solidarity, and the very real fears of retaliation that silence union representation during critical negotiations.

  • Santiago sees tourism and air connectivity gains after FITUR

    Santiago sees tourism and air connectivity gains after FITUR

    SANTIAGO DE LOS CABALLEROS, Dominican Republic – Mayor Ulises Rodríguez has confirmed that the city’s strategic involvement in Madrid’s International Tourism Fair (FITUR) is generating substantial economic returns, marked by enhanced tourism metrics, breakthrough aviation agreements, and elevated global standing. For the second year running, Santiago executed a coordinated presence at the premier event, uniting municipal leadership, private sector representatives, and development institutions in a unified promotional effort.

    The most notable achievement cited by Rodríguez is the definitive emergence of Santiago as a mature tourist destination, characterized by surging visitor numbers and consistently high occupancy rates across accommodation facilities. In a landmark development for regional connectivity, the mayor announced the establishment of three new direct flight routes linking Santiago’s Cibao International Airport directly with Madrid—a first-ever continuous air corridor to Europe. Further expanding its international access, Copa Airlines is commencing operations from Santiago this week, with an additional overseas route scheduled for imminent revelation.

    Beyond transportation infrastructure, Rodríguez emphasized the invaluable diplomatic and promotional value generated by high-level official visits. The recent choice of Santiago by Chile’s President-Elect José Antonio Kast and the Governor of New York State as a priority destination signals growing international confidence in the city’s ongoing revitalization. Transformative improvements in urban cleanliness, public organization, and developmental planning were highlighted as key factors driving this external validation. Concluding his assessment, Rodríguez credited the national administration of President Luis Abinader for providing the strategic vision and stable governance that have positioned both Santiago and the broader Dominican Republic as benchmarks for economic progress and democratic resilience.

  • Guyana misses 2025 gold target, measures identified to increase declarations this year

    Guyana misses 2025 gold target, measures identified to increase declarations this year

    Guyana’s gold industry fell short of its 2025 production target despite intensified anti-illegal mining operations, recording a deficit of 15,679 ounces against its 500,000-ounce goal. Finance Minister Dr. Ashni Singh revealed in his 2026 National Budget address that total declarations reached 484,321 ounces, representing an 11.6% industry expansion nonetheless.

    The government response has been multifaceted: enhanced monitoring of licensed dealers, expanded purchasing infrastructure, and stricter compliance measures. While declarations from licensed dealerships declined by 21.5% to 121,883 ounces, this was offset by a 15.5% increase from large-scale operators (167,005 ounces) and a remarkable 45.6% surge in declarations to the Guyana Gold Board (195,432 ounces).

    Infrastructure expansion played a key role in 2025, with mobile purchasing operations in Lethem, Marudi, and Mahdia culminating in two permanent purchasing locations by year’s end. Three additional mobile units are planned for Puruni, Karuni, and Olive Creek before mid-2026 to further combat leakage.

    The reform agenda includes mandatory local bank accounts for miners, compulsory personal record updates, and intensified audits. These measures, welcomed by the Guyana Gold and Diamond Miners Association, aim to formalize the sector and improve traceability.

    With gold prices projected to average US$3,575 per troy ounce in 2026, the government anticipates declarations reaching 510,450 ounces. Non-oil exports are expected to grow by 8.6% to US$2.5 billion, largely driven by gold and bauxite exports, which increased 63.4% and 52% respectively in 2025.

    Budget incentives supporting miners include removal of duties on all-terrain vehicles and outboard engines up to 150 horsepower, reduced taxes on double-cab pickups, maintained zero-percent excise tax on petroleum products, and investments in hinterland infrastructure and airstrip upgrades.

  • Lobster and Lambie Festival launched in Carriacou

    Lobster and Lambie Festival launched in Carriacou

    Carriacou and Petite Martinique witnessed the inauguration of a landmark culinary event on January 16, 2026, as the Grenada Tourism Authority (GTA) unveiled the Lobster and Lambie Festival. This strategic initiative aims to transform the islands’ tourism landscape by celebrating their unique gastronomic heritage and cultural identity while stimulating economic growth.

    At the opening ceremony held at Windward Fish Market, GTA CEO Stacey Liburd articulated the vision for establishing this festival as a signature experience that resonates with both residents and international visitors. “Today’s travelers increasingly seek authentic, place-based experiences that facilitate genuine connections with destinations,” Liburd emphasized. “We are deliberate about developing tourism that is authentic, community-rooted and economically meaningful for Carriacou and Petite Martinique.”

    The festival received strong governmental endorsement with Minister for Carriacou and Petite Martinique Affairs Tevin Andrews welcoming the addition to the islands’ expanding event calendar. While acknowledging Carriacou’s established reputation as a festival hub through events like the Regatta and Maroon Festival, Andrews addressed critical infrastructure challenges: “Room stock remains a major concern. Thanks to this initiative, we’ve reached full occupancy. We’re collaborating with three hotels, including True Blue Bay Resort which will begin constructing a 30-plus room boutique hotel at L’Esterre Bay in September.”

    Tourism Minister Adrian Thomas pledged full governmental support for the festival’s development, characterizing it as “the beginning of a new chapter” that could elevate the international profile of the sister islands. “This festival sends a powerful message: visitors don’t simply come to beautiful islands—they enter a living culture, taste generational stories, and meet people who take pride in their heritage,” Thomas stated, noting the event’s alignment with national goals for inclusive, locally-driven sustainable tourism.

    GTA Marketing Director Tornia Charles highlighted the dual focus on tourism development and economic impact: “This event aims to increase visitor arrivals while promoting cultural traditions, culinary skills, and musical heritage. It strategically strengthens Carriacou and Petite Martinique’s brand identity as a premier seafood destination.”

    The three-day celebration featured dedicated activities on Petite Martinique, incorporating culinary showcases, musical performances, and traditional games that collectively created a vibrant tapestry of community, culture, and cuisine.

  • BTL Says Protestors Were Trespassers

    BTL Says Protestors Were Trespassers

    Belize Telemedia Limited (BTL) has issued a strong condemnation against protestors who allegedly engaged in unauthorized entry at its corporate headquarters in Belize City on January 27, 2026. The telecommunications company characterized the incident as unlawful trespassing that disrupted normal business operations.

    The demonstration, organized primarily by the United Democratic Party (UDP) with participation from the National Trade Union Congress of Belize (NTCUB) and its members, was staged in opposition to BTL’s proposed acquisition of Speednet Communications Limited (SMART). According to the company’s official statement, while BTL acknowledges the right to lawful protest, certain individuals crossed boundaries by entering the secured compound without authorization and resisting police intervention.

    The timing of the protest coincided with a scheduled Board of Directors meeting that BTL claims was significantly disrupted. The company revealed that the board was convening to address critical human resources matters, including implementation of a severance decision previously issued by the Caribbean Court of Justice on November 5, 2025. BTL described the protestors’ actions as not only regrettable but counterproductive to legitimate business proceedings.

    In its statement, BTL emphasized zero tolerance for intimidation tactics or unlawful entry, affirming that board meetings would proceed as planned regardless of external pressure. The company asserted that directors yielding to intimidation would constitute a breach of their fiduciary duties to exercise independent judgment, ultimately acting against the interests of BTL and its shareholders.

    The incident highlights growing tensions surrounding BTL’s expansion strategy through the SMART acquisition, demonstrating the intersection of corporate governance, labor concerns, and political activism in Belize’s telecommunications sector.