Asian companies mull investment in GuatemalaFriday, June 13, 2008 Korean and Taiwanese companies have agreed to study investment opportunities following a visit to Asia by senior officials of the Guatemalan investment promotion agencies, Pronacom and Invest in Guatemala. The mission was headed by Julio Héctor Estrada, the executive director of Pronacom, and Carlos Diem, Invest in Guatemala's adviser on energy and natural resources. Insurance Sector, Guatemala: Many Tasks still pendingTuesday, September 23, 2008 Bi-yearly Fitch Ratings for Central America for the insurance industry in Guatemala. The insurance sector in Guatemala recorded operational profits during the first semester of the year. There was also adequate growth in new premiums. Sovereign Rating issued for GuatemalaThursday, August 7, 2008 Fitch Issues Report on Guatemala's Sovereign Ratings. Guatemala's ratings continue to be supported by a history of macro-economic stability, low public and foreign debt, and a solid track record on the repayment of the commercial debt. Company Profile
HomesGuatemala is a company dedicated to promoting properties for rent and sale and real estate projects, highly trained, thanks to its years of experience in the real estate market. Congress Ratifies Guatemalan FTA with ColombiaWednesday, March 11, 2009 The Guatemalan Congress ratified the FTA that the country, along with El Salvador and Honduras, negotiated and signed with Colombia in August 2007. Jessica Osorio wrote in Prensalibre.com: "The objective is to promote the expansion of trade in goods and services in a free trade zone. Each country will be sure to adopt the necessary measures to comply with the content that was approved." Panama approves FTA with GuatemalaMonday, November 24, 2008 The FTA has already been approved in Panama and is now awaiting debate and ratification in Guatemala. "When this treaty comes into effect, it will include annexed goods, rules of origin, services and investment, and 94% of our current exports are included in the agreement for immediate access, that is, practically all of our exports to Guatemala, which converts it into a vital support for the national industry," the Minister of Trade and Industry, Gisela Porras, emphasized. FTA Guatemala – Ecuador AdvancesWednesday, December 15, 2010 The Economy ministries of both countries exchanged a list of products to trade. Ecuador's ambassador in Guatemala, Vicente Veliz, said that estimate to conclude the agreement is April 2011. Guatemala unveils four-year plan to draw US$1.5 billion investmentTuesday, May 13, 2008 A four-year plan to attract US$1.5 billion in foreign investment and promote the energy sector was unveiled last week by the Guatemalan government. The plan was unveiled by the National Program for Competition (Pronacom) and the Invest in Guatemala investment agency as part of a national strategy for development. The heads of Pronacom, Julio Héctor Estrada, and Invest in Guatemala, Mario Marroquín, presented the plan. How the crisis is affecting Guatemalan restaurantsWednesday, January 14, 2009 The industry is facing a drop in sales at an average of 20% and changes in consumption habits. Business owners of several restaurants shared their impressions, perspectives and some strategies on how to deal with the crisis with the El Periodico newspaper in Guatemala. Guatemala to Issue 200 Quetzal BillsFriday, March 6, 2009 The Monetary Board approved the emission of Q200 Bills (24.88 dollars at today's exchange rate) which would go into circulation later this year. Julio Roberto Suarez, vice president of the Bank of Guatemala (Banguat), informed PrensaLibre.com: "The Banguat will get the price quotes and it will conduct the international bidding with the currency manufacturers that supply the region in June." Austrian Trade Mission to Visit GuatemalaTuesday, February 17, 2009 Austrian entrepreneurs representing ten companies will visit Guatemala next March and, later, Nicaragua and El Salvador. As reported by Prensalibre.com, "In the mission organized by the Chamber of Commerce of Guatemala and the commercial attaché of Austria in Mexico, businesspersons of the sectors of the environment, renewable energies, plastics, engineering and technical training will participate." Guatemalan Companies Aren't Renewing MachineryThursday, August 20, 2009 In the face of the economic crisis, many entrepreneurs choose not to invest in new machinery, but rather to provide maintenance to existing ones. For the first half of the year, imports of machinery and production equipment diminished 22.3% when compared to the same period of 2008. Guatemala Opens Embassy in IndiaTuesday, April 9, 2013 Guatemala is seeking to consolidate its presence in Asia in order to explore new business, investment and cooperation opportunities. From the Ministry of Foreign Affairs in Guatemala: Guatemala and Ecuador Sign Partial Trade AgreementMonday, April 18, 2011 It removes tariffs on 700 product lines over the next five years. Coffee and banana were left out of the agreement, as these goods are considered "sensible" for both economies. Guatemala: Awards for Micro-EnterprisesWednesday, May 25, 2011 The catagories that will be awarded prizes are agriculture, the service industry, handicrafts, trade and production. The Citi Foundation and the Network of Microfinance Institutions will award the " Premio Citi a la Microempresa Guatemala 2011", which aims to encourage the growth of microenterprises in the country. |
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