The Colombian Bank has made an offer to purchase 100% of BAC-Credomatic’s shares.
The value of the offer was kept private, but it was known that it expires on the afternoon of June 10.
“After being authorized by the board of ‘Banco de Bogotá’, its president instructed one of its subsidiaries to make an offer for 100% of the shares of BAC-Credomatic Central America”, said a source from the Colombian Financial Superintendence to Terra.com.
Cable & Wireless Communications (CWC) will build a new undersea communications cable in the Caribbean.
The company stated that they seek to develop regional clusters in Central America and the Caribbean. This area is a key corridor for data transit between South America and the main hubs in the United States.
This week the program for informing business owners and other private organizations about the future of the FTA begins as a part of the preliminary stage before starting the negotiations.
According to terra.com "To this end, the technical team will analyze the characteristics of the China - Peru and China - Chile FTAs during a seminar that will be held this Wednesday in San Jose, and which will be attended by business owners and leaders from the private sector, the Nacion daily reported."
Building work has begun for the first wind farm in the country's "Central Valley" near Santa Ana, west of the capital, San Jose.
The wind farm is expected to become operational in August 2012, according to the national power supplier (CNFL in Spanish), a subsidiary of ICE, the state-owned electricity and telecommunications provider.
CNFL director, Marvin Céspedes, indicated that the wind farm will produce enough electricity to supply approximately 6,000 homes.
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