Taking measures to reactivate the productive sectors, make better use of public-private partnerships and boost tourism is part of what the private sector expects from the Panamanian government in the coming year.
Six months before the Cortizo administration takes office, Panama's business sector is asking it to make the decisions the economy needs to be able to continue on the path of development, and above all, not to lose competitiveness both domestically and in relation to its peers in the region, and to be able to continue to attract foreign investment.
Reducing trade barriers and procedures, increasing legal security and improving productive infrastructure are part of the changes required by the business sector for the region's economic development.
In Guatemala, the 12th Ibero-American Business Meeting is held, in which the private sector presents proposals to face the current challenges and generate opportunities for the countries of the region.
A delegation of companies from the Mexican state of Jalisco has expressed interest in investing in sectors such as textiles, agriculture, services and construction.
After the visit to Honduras, the businessmen reported that in the next few years they intend to invest between $20 million and $100 million.
Miguel Landero, president of the Mexican Council of Foreign Trade, explained to Laprensa.hn that "... there is a lot of interest in investing in the country ...'In direct foreign investment we could be talking about an intention of $20 million to $100 million, just to start with'."
From April 23 to 25 an Ibero-American meeting of chambers of commerce, industry and services will be held in the capital of Nicaragua.
The meeting is being organized by the Chamber of Commerce and Services of Nicaragua and the American Association of Chambers of Commerce, Industry and Services (AICO), and will bring together business representatives from Latin America and Spain.
In El Salvador, the decision taken by the Sanchez Ceren administration not to attend the main business event in the country reveals either disinclination, inability to govern, or simple political manichaeism.
EDITORIAL
Maybe it is a persistence of visualizing the world as it was in the last century, dividing it into two antagonistic parties, capital on the one hand and labour on the other.
A private sector union is convening a symposium on economic and energy perspectives on 8 March in the country.
The symposium is being sponsored by the Superior Council of Private Enterprise (COSEP) and the Chamber of Energy in Nicaragua (CEN) together with the NGO known as the Council of the Americas.
Trincheraonline.com reports that "... the economic panel of the symposium will include Mr.
Seventeen Chinese companies who are operating in the region in sectors such as infrastructure, petrochemicals, telecommunications and high technology form part of the new association.
The purpose of the Association of Chinese Enterprises in Central America (Assecca), which will be based in Costa Rica, is to improve the promotion of their work in the region, create alliances and provide support in the different activities carried out in Central America.
In Costa Rica a law has been proposed that would benefit tourism businesses suffering from financial problems - caused by the 2008 crisis!! -, readjusting their debts and repurchasing and returning their lost assets.
EDITORIAL
Beyond the dark aspects of the bill - among them that it is not known who the beneficiaries are - its purpose seems rude and unfair to entrepreneurs who managed to overcome the crisis of the last decade through proper management and undoubtedly a lot of sacrifice, and who today have healthy companies.
Central American firms in industries such as food, agribusiness, services, manufacturing and logistics will be taking part in business meetings on November 12th in San Pedro Sula.
The Chamber of Commerce and Industry of Cortés (CCIC) announced that on November 12 in San Pedro Sula for the third time this year there will be a multisectoral round of business meetings, in which they expect the participation of Honduran companies and other countries from the region.
An announcement has been made that in October a group of Peruvian investors interested in exploring business opportunities will visit Honduras.
As part of the negotiations for the signing of the free trade agreement between the two countries, foreign trade authorities of Honduras reported that a group of Peruvian entrepreneurs will arrive in October and meet with Honduran companies interested in analyzing business opportunities.
Nicaragua will host the annual convention of the Federation of Chinese Associations of Central America, where they will meet with Central American businessmen during August 28th-30th.
At the annual meeting of Taiwan companies with their Central American peers attendance is expected from about 300 representatives from companies throughout the region.
Business leaders from American countries have agreed to establish a business representation entity ahead of the Summit of Heads of State of the hemisphere.
From a press release issued by the Costa Rican Union of Chambers and Associations in the Private Business Sector (UCCAEP):
The aim is to inform the Summit of Heads of State of the business sector's vision on issues such as free trade, infrastructure, and institutional competitiveness.
High costs, legal uncertainty and insecurity are the reasons why Taiwanese investment is shying away from Honduras and also Guatemala.
So explained Elisa Chu Li-Hua , second secretary of the office of economic advice at the Taiwan embassy in Tegucigalpa. According to the diplomat, recently the global business advisory firm FTI Consulting evaluated 19 countries for investment risks, where Haiti, Venezuela, Honduras and Guatemala, are located in the top four, ie countries that are not suitable for investment.
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,...