Pans & Company Lands in El SalvadorThursday, May 20, 2010 In El Salvador, “Pollo Campero” will open two restaurants using Spanish brand “Pans & Company”. This is the first result of the alliance between two restaurant groups: Pollo Campero and Group Eat Out (owner of Pans & Company). Said alliance was announced a year ago, but was made official with this announcement. China's Coscon launches new multimodal service in PanamaTuesday, July 8, 2008 Cosco Container Lines (Coscon) launched a new multimodal service in the Panamanian port of Balboa that links Asian markets with Mexico, Panama and the Caribbean. The new service, known as the China Central America Express, was launched by the Cosco Sidney vessel that unloaded about 1,000 containers in Balboa for transport by rail to Colón. Chinese Consortium to Design Bridge Over CanalFriday, June 3, 2011 At a price of $4.6 million the consortium China Communications Construction Company / Louis Berger Group will design the third bridge over the Panama Canal. The consortium will have a period of approximately 11 months to complete the design. The tender for construction could be carried out between June and July 2012. IMC Consortium to Increase Investment in PanamaWednesday, May 25, 2011 The International Meal Company (IMC), operator of the Food Court at Tocumen Airport, will expand its investments in the country. Jose Algarin Pabón, a company executive said when work is finished at the Food Court in the next thirty days, they will be venturing into new projects in both the public and private sector. Panama: Rail Activity Down 30%Friday, November 27, 2009 Cargo and passenger transportation fell 30% between November 2008 and June 2009. The drop in cargo transportation was caused by a considerable reduction in sea shipping activity from companies like Maersk, APL and Evergreen. New Company Enters Costa Rican Insurance MarketThursday, September 9, 2010 The regulator (abbreviated SUGESE in Spanish) has given authorization for Best Meridian Insurance Company (BMI) to begin operations. The US insurer is the tenth to be granted authorization to enter the Costa Rican market and specializes in personal insurance such as health, life and incapacity policies. Agricultural Company Announces Investment in NicaraguaWednesday, November 10, 2010 American Belt Horticultural Company plans to invest $ 15 million to set up plantations in the north of the country. The producer and distributor of ornamental plants and seeds, plans to build about 200 thousand square meters of greenhouses in the departments of Estelí, Jinotega and Matagalpa. Pans & Company Opens in GuatemalaThursday, March 4, 2010 The Spanish sandwich chain opened in Guatemala its first Latin American store. They operate over 300 restaurants in Spain and Portugal, and expect to open two additional locations in Guatemala City and one in El Salvador. Salvadoran Beer Goes to the US MarketMonday, August 28, 2017 The first shipment of one thousand boxes and 100 barrels of craft beer from the Cadejo Brewing Company will be sent to Maryland, Washington. The six varieties of craft beer produced by the Cadejo Brewing Company will be distributed to 95 outlets in Maryland. The company's aim is to expand the market progressively in the cities where the largest number of Salvadorans reside. New Insurer Enters Guatemalan MarketThursday, June 9, 2011 Best Meridian Insurance Company (BMI) has entered the market by acquiring the license to operate from Aseguradora Mundial-Colectivos Empresariales. BMI, is a company dedicated to the health, life, disability and financial services insurance and has a $7 billion portfolio of over 200 thousand customers. Otis Elevators To Open Regional HQ in PanamaThursday, April 8, 2010 The Commerce Ministry of Panama announced that company Otis Elevators will install its regional headquarter in Panama. Otis becomes the 33rd company to take advantage of Law 41 of 2007, which created a special regime for establishing and operating regional headquarters for multinational corporations. Panama to Award Electricity Distribution ConcessionThursday, July 22, 2010 The Panamanian State has bought Bocas Fruit Company’s electrical assets for $4 million, to award a concession contract. Juan Manuel Urriola, Energy Secretary, explained that once the assets have been purchased, they will proceed to release them under administrative concession so that they can be managed privately to supply electricity to the village communities of Changuinola and Almirante. Panama: $30 Million for Tuna ProductionWednesday, August 19, 2009 The country will install a laboratory for producing seeds, or fry, for yellowfin tuna. These fry would initially be exported to Mexico, Peru and Nicaragua, said the Ministry of Agricultural Development. Cable & Wireless Buys 51% of BTC BahamasMonday, December 6, 2010 C & W announced the signing of a memorandum of understanding to acquire 51% of Bahamas Telecommunications Company (BTC). C & W and the Government of the Commonwealth of the Bahamas worked together to complete the statutory audit, contract terms and obtain the necessary permits and other regulatory approvals in order to complete the transaction by the first quarter of 2011. Guatemala: Competition for Quality Coffee for ExportTuesday, March 24, 2009 Fifteen Guatemalan coffee cooperatives are competing in the Guatemala Cupping Contest which rewards the quality of the bean. The contest will determine who will sell coffee to the Japanese coffee roaster Tully's Coffee, the importer Mitsui Company which is also Japanese and the Swiss company Walter Matter. |
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