Confirmation of Award for Prison TenderThursday, November 22, 2012 The Ministry of Government in Guatemala has ratified the award of the tender for $69 million, to the company II & DC, for prison infrastructure. Ratification by the Tender Board of the Ministry of the Interior was given after the company met all the requirements of the process. Guatemala: Awardee of Prison Contract has Little ExperienceThursday, December 6, 2012 The tender conditions required proven experience, technical expertise, trained personnel and accreditation in security operations. Elperiodico.com.gt reports that "Interamerican Investment & Development Corporation (II & DC), a company that won the tender to improve prison infrastructure in ten departments worth Q543.1 million, was created in Nevada, United States two years ago, with a capital of U.S. Panama Stock Brokers Transactions Grow 21.5%Wednesday, January 9, 2013 The cumulative transactions in Panamanian brokerage houses in the first 8 months of 2012 totalled $65.08 billion. Capital.com reported: "According to the latest statistics published by the Panama Securities Superintendency (SMV), by August 2012, Interbolsa had the most transactions with a total of $18.346 billion, followed by SFC Investment with $2.369 billion, the National Bank of Panama with $1.337 billion and MMG Bank Corporation with $1.33 billion." Panama: Stock Trading Up 28%Monday, May 26, 2014 In the first three months of the year $1.350 million worth of securities were traded, up from $1.057 million traded in the same period in 2013. Increased purchases of securities in the first quarter of 2014 "were made by BG Valores ($230.09 million), Prival Securities ($228.88 million), Banco Nacional de Panama ($195.62 million), MMG Bank Corporation ($142 55 million) and Citivalores ($126.06 million) ... El Salvador: Sale of Citi to Terra Group ConfirmedThursday, March 10, 2016 The sale of Citibank operations in El Salvador to Honduras' Grupo Terra has been formalized, with the insurer SISA included in the transaction. From a statement issued by the Stock Exchange of El Salvador: $250 Million for Micro-financing InstitutionsFriday, October 2, 2009 An agreement between international organizations will provide up to $250 million in loans for Latin America's micro-financing entities. The agreement was signed by Multilateral Investment Fund (Fomin), part of Inter-american Development Bank (IDB), Inter-American Investment Corporation (CII), Andean Development Corporation (CAF), Overseas Private Investment Corporation (OPIC) and Blue Orchard Finance. $ 55 Million for Costa Rican AirportMonday, January 17, 2011 The Board of Directors of OPIC approved resources to support the expansion of the Juan Santamaría International Airport. OPIC's loan will allow a consortium led by HAS Development Corporation (HASDC) to complete the renovation of the Juan Santamaría International Airport outside San Jose. SONY Projects Greater Growth in El SalvadorWednesday, February 18, 2009 Sony Inter-American, Inc. (SIA) announced that it will invest this year in the Salvadorian market 15% more than it did in 2007. Richard Fairest, President of Sony Inter-American, informed Elsalvador.com: "Our investment includes the opening of an office, whose main role will be 'to offer the visibility and improved efficiency necessary to assist our strategic partners - that are not only stores, but also service workshops - and the Salvadorian consumer.' Sony Inter-American expands in Latin AmericaTuesday, October 28, 2008 The company will open its own offices in Paraguay, Guatemala and El Salvador as a part of its strategy for growth and consolidation in Latin America. With the opening of the new offices, Sony Inter-American hopes to directly attend to the market in the three countries where sale of Sony electronic products is on the rise. Investment in Nickel Production in GuatemalaFriday, November 11, 2011 Russian firm Solway Investment Corporation plans to invest about $1.5 billion in the FeNix ferronickel mining project. The project is operated by the Compañía Guatemalteca de Níquel (CGN), which was purchased by Solway from its former owner HudBay Minerals Inc. Company Profile Organization that operates in El Salvador and Guatemala.
Sony to establish regional headquarters in PanamaFriday, May 2, 2008 Sony has chosen Panama as its regional inter-American headquarters, where it will set its business plans and direct operations in 38 nations in Central America, the Caribbean and South America. "From here we will serve a region that has more than 130 million people," said Richard Fairest, president of Sony Inter-American, during the inauguration ceremony for the new organization. Panama: $161 million in Residential ProjectsThursday, October 27, 2016 Horizontal and vertical residential constructions in Panama, Panama West and Chiriqui are some of the projects for which environmental impact studies were presented in August 2016. The report "Construction Projects Panama - August 2016", prepared by the Business Intelligence Unit at CentralAmericaData.com, contains an up to date list of construction projects for which environmental impact assessment (EIA) studies were presented to the Ministry of Environment of Panama in August. Structured Finance in PanamaTuesday, November 26, 2013 On December 4th Fitch Ratings will hold a conference entitled 'Challenges and Opportunities for Structured Finance and Infrastructure in Central America and the Caribbean.' Securitization of Assets, an Option for Capital Markets in the Region, is one of the subjects to be discussed in the event's agenda. Participants will include Marielena Garcia, SVP of Investment Banking at MMG Bank Corp, Alberto Gutierrez, president of Titularizadora Colombiana, John Rauschkolb, General Manager La Hipotecaria and Diego Torres, vice general manager of BHD Valores Puesto de Bolsa. Central American Congress on Solar EnergyMonday, March 9, 2015 From 25 to March 27 companies and industry experts will be meeting in Panama to discuss issues such as financing, government policies and technology. The conference called Central America Solar Power Generation (SPG Central America) will be held at the Intercontinental Playa Bonita Resort & Spa. It will include the participation of 20 local generating companies, utilities companies, distributors and government representatives from the countries of the region are expected. |
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