America Movil reported that planned investments in the Dominican Republic over the next three years will focus on implementing 5G technology and developing new applications.
According to America Movil executives, which owns the Claro Dominicana brand, the Caribbean country is one of the markets where the company has experienced the highest growth in data consumption per user.
Adverse court decisions against companies, social and political conflicts and fiscal issues are some of the factors that are impeding the development of productive projects in Central American countries.
One of the latest court decisions affecting companies with investments in the region was that of Minera Petaquilla, in Panama.
28% of the SMEs in Costa Rica stated that obtaining a municipal permit to start operations was the most complex procedure, while another 17% says that the process of registering with the department of Taxation is the most onerous.
According to theIII National Survey of MSMEs, prepared by the State University at a Distance (UNED) and the University of Costa Rica (UCR), for micro, small and medium enterprises (MSMEs) obtaining a municipal patent for operation and registering as a new taxpayer, are the two procedures that most affect the start up of their operations.
Orient International plans to set up a distribution center in the Colon Free Zone, in which plants, generators and other electrical equipment will be assembled.
In a statement issued by the Colon Free Zone (ZLC by its initials in Spanish), Zhang Shijun, Managing Director of Shangatex Latin America, explained that the following months are key for a human team from the company Orient International (Holding) Co., Ltd. to start feasibility studies with a view to establishing themselves in the free zone.
One of the decisions taken by Guatemalan businessmen with interests in Nicaragua is to suspend new investments until the situation in the country is normalized.
Due to the social and political situation that the country has been experiencing for more than three months, Guatemalan investors that operate companies in Nicaragua have been analyzing the situation closely, and are already taking measures to minimize the impact of the crisis on businesses. One of the decisions that some companies have taken is to reduce the cost of the operation to the lowest possible level, in order to maintain or reduce product inventories.
A proposal has been made to create a special economic zone in 26 municipalities in the southeast of the country, which would provide tax incentives for activities related to clean energy and the prospecting of natural gas and oil.
The Executive presented to the Legislative Assembly a preliminary draft of the Law on the Special Economic Zone of the Southeast Region of El Salvador, which has the objective of developing 26 municipalities of Usulután, San Miguel and La Unión.
Israeli government officials have announced that they plan to invest close to $2 billion in various businesses in the sectors of agriculture, medicine and education.
The investment will be made through the Guatemalan-Israel Fund for Investment and Development in Guatemala, and this seeks to make the Central American country the center of Israeli business in 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 reducing the minimum amount for individual investors, the Guatemalan government has announced that between May and June it will begin with the issuance of $14 million.
For the current fiscal year, authorities have changed the minimum amount for an investor to acquire public debt bonds in the local market, reducing it from $3,000 to $1,300.
In Guatemala, the Ministry of Finance has reduced the minimum amount for an investor to acquire public debt bonds in the local market, from $3,000 to $1,300.
The Morales administration intends to continue throughout 2018 with the issuance of Treasury bonds aimed at small investors, but from now on with a smaller amount, in order to broaden the scope for potential investors.
Businessmen recommend to take more advantage of the characteristics of the economy, such as dollarization, the growing and constant flow of remittances and the strength of the local financial system.
The Salvadoran Foundation for Economic and Social Studies (Fusades) presented a study highlighting the 12 most important factors which El Salvador has that can be leveraged to reactivate investments.
The 2017-2018 Guide by the Nicaraguan - German chamber of commerce provides details on tax exemption regimes by sector, requirements for foreign investors and other data.
The Caribbean country issued $1 billion on the international market for a term of 30 years and at a rate of 6.5%, and another $822 million with a 5-year term and a rate of 8.9%.
Dominican authorities reported that the country issued for the first time in the New York market, a 5-year bond issue for $822 million, and another, also in dollars, at 30 years and for $1 billion.
The Morales administration intends to continue with the issuance in 2018 of Treasury bonds aimed at small investors, with investment amounts ranging from between $3 thousand and $68 thousand.
The measure will give continuity to what was done in the previous year, when 35 small investors acquired debt bonds for $1.3 million at a rate of 6.25%.
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