South Africa's Sun International has reached an agreement with Newland International Properties for the acquisition of the casino component of the hotel development in Panama.
Under the terms of the agreement, Sun International will get the casino component of the project, the Penthouse (to use as a private salon), a group of building apartments and the rights that the building has to apply for a casino license, all for a value of $45.5 million.
Angola and South Africa are among the countries in the export plan for the 62 million quintals of sugar from the harvest projected for 2013/14.
The African market for sugar produced in Guatemala is being expanded with allocation from the 2013-14 harvest of 31,000 metric tons (MT) for Angola and 27,500 MT for South Africa, making the number of countries in the continent importing Guatemalan sugar now total 5.
Medical tourism destinations have emerged all over the globe, from Thailand to South Africa, and even European countries such as Hungary. The industry anticipates a great deal of growth in the coming years, from a 2004 estimate of $40 billion to $100 billion by 2012, according to statistics produced by McKinsey & Company and the Confederation of India.
Experts believe that medical tourism will have a positive impact on the economies of destination countries and benefit skilled and unskilled trades alike. The medical tourism phenomenon may also bode well for foreign investors who hold an interest in those countries.
In order to ensure domestic supply and prevent price hikes, the government has announced it will import beans and corn.
Guillermo López Suárez, minister of agriculture and livestock indicated that importing beans "is necessary" to prevent shortages. The beans will be bought from China, South Africa and Ethiopia and the maize will be imported from Mexico and South America.
Rumors are that the U.S. Federal Reserve is preparing to reduce its bond purchase program, motivating the sale of bonds in emerging markets.
"A rise in bond yields in developed markets and a better prognosis for the U.S. economy are making bonds from the emerging countries, from Turkey to Chile, seem less attractive. On Friday, currencies, bonds and shares in these markets fell significantly," noted an article in Wsj.com.
In seven months of harvest, sales revenues of Salvadoran coffee fell by 30.9% compared to the same period of the previous cycle.
In total $149.37 million was received in the seven months of the current harvest. "The volume of exports between October 2012 and April this year was 875,011 quintals, also with a fall of 4.3%, explained the Salvadoran Coffee Council in a report," noted an article in Elmundo.com.sv.
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786
4 & 3pl Panama, Inc. We offer logistic solutions in terms of operational costs and velocity.
* Customs Transactions
* Physical Distribution Logistic
Operates in Panama and Panama
Phone: ((507)) 6679 1086
ATS El Salvador is a Customs Agency with 26 years of providing services for imports, exports, transits, consultancies and international transport.
Operates in El Salvador
Phone: (503) 2235 6522 - (503) 2235 6524