So far this year, 17 new company licenses have been approved in the country under the Multinational Companies Headquarters regime, a figure that is higher than the 7 that were reported throughout 2018.
In addition to the 17 companies that already obtained their licenses in 2019, there are 7 other companies that are in the phase of evaluation by the Commission of Headquarters of Multinational Enterprises of the Ministry of Commerce and Industry (MICI).
In a context in which the creation of digital records is increasing, investment in data analysis, technology and personnel becomes fundamental and essential to ensure the best possible performance in companies.
Advanced Analytics (AA), which can be executed from data from digital platforms, wireless sensors and millions of mobile phones, is transforming competition across multiple sectors by generating opportunities to capture value from improved decision making and comprehensive business transformation.
Two decades after selling 49% of the shares of the Bayano hydroelectric dam to AES, the Panamanian government is preparing to begin negotiations to buy the shares held by AES.
The authorization for the government to begin negotiations was completed through Cabinet Council Resolution No. 106 of October 28, which endorses the start of the efforts, which aim to draw a roadmap to transfer the hydroelectric Bayano to the State.
The gradual abolition of price control, the creation of the PPP regulatory framework and greater flexibility in preferential interests in the housing market are the advances recognized by Panamanian businessmen in the first 100 days of the Cortizo era.
Both companies announced an agreement for La Estancia, Guatemalan and Ecuadorian capital, to acquire a stake in the Panamanian company Toledano.
La Estancia, a company that will have a stake in Toledano, is a consortium born from the merger of Procesadora Nacional de Alimentos C.A. (Pronaca), headquartered in Quito, Ecuador, and Corporación Multi Inversiones (CMI), in Guatemala City.
In the footwear import business, it is estimated that Payless Shoesource and Sportline America represent around 10% of the market share.
Data from the "Corporate System of Companies" platform, from the Trade Intelligence unit of CentralAmericaData provides details on the companies according to sector, main activity, volume and value of their imports, exports and other relevant data.
During the first three months of 2019, 3,128 anonymous corporations were registered in the country, 12% less than those reported in the first quarter of 2018.
The most recent report of the General Comptroller of the Republic details that between the first quarter of last year and the same period of 2019, the number of corporations registered in the country went from 3,543 to 3,128.
The difficulties in identifying staff training needs and the lack of a clear relationship between new employee skills and incentives diminishes the possibility of achieving company goals.
According to the Deloitte 2019 Global Study of Human Capital Trends, in which more than 9,400 business leaders from around the world participated, including 261 from Costa Rica, the learning of business staff is the most relevant trend.
In order for Panama's tourism companies to obtain the sustainability seal, they must undergo external audits on topics such as responsible management, quality control, safety, and others.
With the changes to Decree-Law 82 of December 23, 2008, companies and individual auditors can perform external audits and that large and micro tourism companies are interested in the implementation of the Sustainable Tourism Standard, informed the Tourism Authority of Panama (ATP).
Understanding which are the main and relevant data that must be managed in a company and how to protect them in digital format is fundamental for the expansion of a company.
Representatives of Costa Rican technology companies WIC, Innovamars, ATTI Cyberlabs and Grupo Inco, agree that organizations are facing challenges arising from the digital transformations they must make to continue growing.
The company reported that it signed an agreement with Millicom S.A. for the sale of all shares of Telefonica Costa Rica, Nicaragua and Panama, closing the transaction at $1.65 billion.
After the company reported in late January 2019 that for $648 million it had agreed to sell to America Móvil all the shares of Telefonica Guatemala and 99.3% of Telefonica El Salvador, it now announced that it had completed the sale process of the entire operation in Central America.
The same free market concept that led to a concession of a taximeter plate of almost zero original cost to reach a value of tens of thousands of dollars, must now be applied to the irruption of collaborative transport services.
EDITORIAL
Jorge Cobas González
Founder of CentralAmericaData
The company reported that it sold all the shares of Telefónica Guatemala and 99.3% of Telefónica El Salvador to América Móvil for $648 million.
The Spanish company stated that the closing of the sale of Telefónica Guatemala took place on January 24, however, the sale of Telefónica El Salvador is subject to the relevant regulatory conditions.
Regarding the announcement of the purchase of Telefónica El Salvador, the Superintendence of Competition (SC) of that country informed that until January 25, 2019, it had not received any request for authorization from América Móvil for the purchase of Telefónica de El Salvador.
The Spanish company Telefónica S.A. informed that it is in a negotiation process to sell its assets in the region.
The European company, with subsidiaries in El Salvador, Guatemala, Costa Rica, Nicaragua and Panama, explained that the sale of its assets in the region "could result in a transaction, both for the total and for some of those assets."
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...