Some 18 companies that operate under the free zone regime produce and export coconut, generating about $40 million including commercialization of by-products such as cream, milk and ground husk.
The multiple uses that are given to coconut and its by-products explain much of the strong growth that has been registered in global demand for this product in recent years.
The banks Davivienda and Grupo Aval, already present in Central America, could be in talks with Citi to acquire its consumer banking operations in the region.
The sale of assets of Citigroup in 7 countries in Latin America represents an expansion opportunity for Colombian banks. Bloomberg reports cited by Elfinancierocr.com note that in the case of Banco Davivienda, it's interest is soley in the consumer banking units in Peru and Guatemala.
An announcement has been made that in the short-term auctions of securities by Panamanian State will no longer be made in the local market and instead will be carried out through the Bloomberg platform.
Given the lack of investment in technology on the part of Panama stock exchange, the government has announced that it will begin making the auctions using the Bloomberg platform. The will allow for more transparent transactions by the State.
The country pays 4% more than the United States for its debt bonds in the international market.
The cost to be borne by El Salvador for resources from abroad is widening due to the country's high level of indebtedness, the lack of investment grade and the complex economic and political situation.
According to Bloomberg, "Comparing the interest paid on Salvadorans bonds, maturing in 2035, with U.S.
At the moment there is no external force driving significant growth in the price of coffee, expectations are between $123 up to December and $130 up to July, 2014.
The impact caused by the rust blight, rain and depreciation of currencies which forced a cut in coffee production worldwide will not be strong enough to push up the price of coffee.
In the case of Brazil, world's largest producer of coffee, weakening of its currency has boosted exports of grain, the Brazilian real experienced a contraction of 9.4% in the second quarter of this year.