The Hotel Investment OutlookMonday, August 17, 2009 The latest comments about the world outlook for the Hospitality Industry as presented by ALIS Summer Update As Jeff Higley (Editor-in Chief of Hotel and Motel Management Magazine) said in his “Twitter” page on June 2, the IREFAC (Industry Real Estate Financing Advisory Council) guys are the pulse of the industry. But, as he also noted, “…the IREFAC panel says the only way to get a phone call from your lender these days is to not make a payment. Nicaragua Selected to Host CATHIE in 2009Tuesday, August 26, 2008 It was announced that the Central America Tourism & Hotel Investment Exchange will be held March 24-26, 2009, in Managua, Nicaragua. Hosted by BHN, CATHIE focuses on the hotel and tourism investment opportunities in the rapidly growing Central America region. The Foreign Investment Advisory Service (FIAS) of The World Bank Group is supporting the event, and all seven Central American countries (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) have been invited to become patrons of CATHIE. Last year’s inaugural event in Guatemala City, Guatemala, welcomed nearly 250 hotel and tourism industry leaders eager to network and learn about hotel investment opportunities in Central America. ATEK Opens Medical Device Manufacturing Facility in Costa RicaWednesday, April 2, 2008 ATEK Medical, a division of ATEK Companies, announced that it has opened a medical device manufacturing facility in Heredia, Costa Rica. “With this new investment, ATEK Medical has doubled its manufacturing capacity and strengthened its ability to offer unparalleled manufacturing and new product launch services to the medical device industry,” said Kay Phillips, president, ATEK Companies. German Investment in Panama's Insurance MarketThursday, October 27, 2011 The German Development Bank (DEG) is investing $9 million in the Panamanian insurance company World Wide Medical. The expansion of health and insurance services in the region is being backed by the German company, whose investment in the Panamanian company makes them the owner of 32% of the group. $40 million to be invested by St. Jude Medical in Costa RicaThursday, January 15, 2009 The company, which develops medical devices, is building a 20,000 m2 plant in Coyol, Alajuela. Elfinancierocr.com reports: "It is expected that in 2010 some 500 workers will be manufacturing medical devices. Costa Rica: Opening of Medical Equipment FactoryFriday, September 10, 2010 A $40 million investment by St. Jude Medical has enabled the development of this new manufacturing facility. The factory, located north-west of the Costa Rican capital in El Coyol de Alajuela, will make heart valves and cardiac monitoring equipment. Panama: Two Hydroelectric Projects AwardedThursday, September 30, 2010 With a $290 million investment Electron Investment S.A. (EISA), will build projects Monte Lirio and Pando in Chiriqui. Italian company SELI Tecnologie will be responsible for the construction of the tunnel boring machines, excavation and monitoring. Spanish Consortium Invests $10 Million in PanamaMonday, February 16, 2009 The Spanish group, Rentability & Investment International, will build a housing and tourist project, Ibiza Beach Crown/Condo Hotel, directed to the middle-class on the Pacific coast. Roberto Rollón, president of the group, informed Americaeconomica.com: "The apartments, of one or two bedrooms, will be able to be rented for short periods to maintain them active all year long and, thus, they wil be able to contribute to the payment of the mortgage loan of the owners. "With this, it is intended that all medium-income Panamanians can have an apartment at the beach." Brokerage House Linked to Banco Universal SuspendedThursday, August 6, 2015 The market regulator of Panama has indefinitely suspended the license of the brokerage firm Clever Financial Investment Services, linked to Banco Universal. A resolution by the Superintendency of Securities said that after performing an inspection at the brokerage firm, " it was found that the brokerage firm maintains only three bank accounts, all of them with Banco Universal ", namely own / administrative account, third parties / customers account and a deposit account. " Guatemala: Investment Coordination EntityWednesday, August 12, 2009 The objective is to provide unified direction to the different public and private efforts in trade and investment promotion. The new entity could be named Guatemala Trade and Investment (GTI), and would coordinate the activities of Invest in Guatemala, the national competitiveness program (PRONACOM), and the Commercial Attachés (PACIT), through an executive committee composed by members of the public and private sector. Koreans to Build Port of Monkey PointWednesday, July 7, 2010 Two Korean companies have signed an agreement with the Nicaraguan Ports Authority to design and build the Caribbean port. The memorandum of understanding signed by the South Korean companies Dongmyeong Engineering & Architecture Consultants (DMEC) and Ox Investment states that the project will require investment of $500 million. Moog Medical Invests $3.5 Million in Costa RicaFriday, May 15, 2009 The multinational medical equipment manufacturer will open its plant in November in Coyol, Alajuela. The site in Coyol, which will employ 200 people, will produce infusion pumps and irrigation pumps for IVs. Medical Tourism Conference in OctoberTuesday, June 23, 2009 On October 6th and 7th, Costa Rican Medical Care will hold a medical tourism conference in San José, Costa Rica. Costa Rican Medical Care, a division of the HSA Clearing Corp., works with three private hospitals in Costa Rica in offering their services to North American clients. International Congress on Medical Tourism in El SalvadorTuesday, January 28, 2014 The Maya Medical Travel Summit will be held on 17th and 18th of July and will offer conferences and business meetings with representatives from companies. El Salvador Medical Holding (ESMH) will hold a medical tourism congress called "Maya Medical Travel Summit" on the 17th and 18th of July in the Central American nation. Another Medical device Company in Costa RicaTuesday, February 8, 2011 With a $ 4 million investment, Helix Medical is building its manufacturing plant to start operations in the first half of 2011. Helix Medical, LLC, began construction of its new manufacturing plant in Coyol in Alajuela. The company will invest more than $ 4 million and employ over 100 people. Helix Medical anticipates the start of its operations for the first half of 2012. |
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