Panama: $12.8 Million for Historical MuseumWednesday, April 6, 2011 A Panamanian foundation for democracy and freedom has announced it will build the museum in the town of Amador to house information on historic events. The 6,812 m2 site will see construction begin within the next three years to be completed within seven. El Salvador: Coffee Growers Suggest Payment OptionsTuesday, August 18, 2009 4 proposals will be presented to the Legislative Assembly, looking to solve the coffee grower's debt problem. Mario Acosta Oertel, president of the Salvadoran Foundation for Coffee Research (PROCAFE), considers the proposals to be "viable, reasonable and sensible". Guatemala: Alvaro Uribe at Enade 2010Tuesday, September 28, 2010 The National Meeting of Private Enterprises (ENADE) 2010 will open its doors on October 7th; the annual meeting will be held at the Hotel Westin Camino Real and poverty reduction will dominate the agenda. Juan Carlos Zapata, Executive Director of FUNDESA, Foundation for the Development of Guatemala, expects more than 2,500 participants. El Salvador economic growth target 'out of reach'Wednesday, July 16, 2008 El Salvador's target of 4.2 percent economic growth for this year is out of reach, according to the Salvadoran Fund for Social and Economic Development (Fusades). Álvaro Guatemala, the Fusades executive director, said the nation is facing a serious crisis as a result of high international oil and food prices. Inflation is running at about 9 percent, though the Fusades chief said this was one of the lowest rates in Central America. Company Profile Organization that operates in Costa Rica.
El Salvador: Transparency Law StagnatesWednesday, July 28, 2010 Two bills presented in 2008 and 2009 have not made any progress in the legislative assembly. The bills relate to the transparency of and access to information and seek to guarantee citizens' rights to know what the government is doing. El Salvador: Fiscal Deficit to Reach 4% of GDPThursday, November 15, 2012 Projections by the Ministry of Finance are that the fiscal deficit of El Salvador will be $958 million at the end of the year, or 4% of GDP. Commenting on the subject the technical secretary of the presidency, Alexander Segovia, said they are expecting a smaller deficit at year end, "I can assure you that it will be less than the 4% that is being predicted". Nicaragua: Slow Recovery in Micro-finance IndustryMonday, July 12, 2010 The sector expects a slight improvement in the second half of the year after two years of steep decline. René Romero, president of the Nicaraguan association of micro-finance institutions (Asomif), commented that evidence of the recovery is that some international institutions have started approving loans again. Microfinance Law Becomes Effective in NicaraguaTuesday, January 3, 2012 On January 11, 2012 the Law on Promotion and Regulation of Microfinancers comes into force. From 2009 up to 2011 the global financial crisis and the local crisis has negatively affected the microfinance sector, which has generated successive losses. Slow Pace of Customs at Peñas BlancasTuesday, August 5, 2014 Freight carriers are waiting up to 52 minutes to be attended to and complete the formalities at the border crossing of Peñas Blancas, on the border with Nicaragua. A study by the Georgia Tech Foundation at the border of Costa Rica detected delays in Peñas Blancas and the difficulties faced by cargo carriers when carrying out the formalities related to payments and inspection of merchandise. Big Companies to save Mayan heritageTuesday, November 18, 2008 A Foundation groups the major corporations that operate in Guatemala. Their first project: to develop El Mirador, an invaluable archaeological site. In Guatemala a new model has been developed where the companies can contribute to important projects. The Pacunam Foundation, groups the major corporations that operate in country. These include: Wal-Mart Central America, Telgua, Cementos Progreso, Grupo Pantaleón, Citi, Cervecería Centroamericana and Banco Industrial. Their first project will be to finance the development of the El Mirador basin, one of the old sites of the Maya civilization. The United States Denounces Illegal Fishing in PanamaWednesday, April 29, 2009 The United States is working on a legislation, which if it is ratified, could be used to impound Panamanian imports, among others. Panama is among those accused, including 5 other countries, of illegal, unregulated and unreported (IUU) fishing by the Fisheries Service of the National Oceanic and Atmospheric Administration of the United States. Críticsms From Businesses in El Salvador on the Partnerships ActMonday, May 27, 2013 Private sector operators see in the Law of Public-Private Partnerships serious deficiencies which would prevent the bill from obtaining the desired results. "The law, as it has been approved, will not achieve the expected results, we believe that it is not a good law, it has serious deficiencies that will make it very difficult to obtain the expected results," said Javier Castro, director of Department of Legal Studies (DEL) of the Salvadoran Foundation for Economic and Social Development (FUSADES). Construction Fair SuspendedMonday, June 4, 2018 The trade union of builders in Nicaragua has suspended until further notice the construction and housing fair which was scheduled to be held from July 12 to 15. The Nicaraguan Chamber of Construction decided to suspend the fair, which had already been postponed from May to July, due to the crisis affecting the country. New Rules for Real EstateThursday, November 22, 2018 Building on own land and keeping premiums in a trust are part of the new requirements to be met by companies that market houses and apartments in Costa Rica. According to representatives of the Ministry of Economy, Industry and Commerce, the new rules that would soon enter into force and seek to regulate term sales in the real estate sector are currently in the consultation process with interested parties. |
|