Results of the Elections in Costa RicaMonday, February 8, 2010 Laura Chinchilla, from “Liberación Nacional”, the party in power, was elected as president for the 2010-2014 term. Chinchilla obtained 46.8% of the casted votes, followed by Ottón Solís with 25.1%. However, Costa Ricans didn’t favored Chinchilla so much in the Legislative Assembly, as her party obtained 23 seats out of a total 57. In her acceptance speech, Chinchilla anticipated that “her goal is now clear: negotiating with the rest of the participants”. European Union hints at sweet deal on tradeFriday, April 18, 2008 The European Union might be willing to apply trade concessions to Central America under the enhanced Generalized System of Preferences (GSP-Plus), giving the region the equivalent of most-favored nation status. The possibility arose during talks between the two blocs. Rupert Schlegelmilch, the EU's chief trade negotiator, told reporters that he well understood Central America's wish to apply GSP-Plus, which is designed for the world's most vulnerable nations. Central American Integration is a Matter of Political WillTuesday, October 8, 2013 Political parties are not interested in the subject because it is not profitable electorally or because they believe their country will lose sovereignty. So says Richard Aitkenhead, president of Grupo Inversiones y Desarrollo de Centroamérica (IDC) during a meeting organized under the framework of the Second Support Program for Regional Integration (PAIRCA II). Winds of Change for El Salvador?Monday, February 4, 2019 With promises of a "different policy," ex-mayor of San Salvador, Nayib Bukele, won the presidential elections in El Salvador, which for the past 30 years has been governed by the traditional ARENA party and the FMLN. The most updated data from the Supreme Electoral Tribunal of El Salvador show that after processing 99.94% of the minutes, the party GANA obtained 53% of the votes, followed by the Coalition of parties ARENA, PCN, PDC and DS, with 32%, the FMLN, with 14%, and Vamos, with 0.78%. El Salvador: Minimum Wage Increase of 8% in EffectMonday, May 16, 2011 With the approval by the Executive, an 8% increase in the minimum wage will come into force on May 16. The agreement reached by employers, unions and government representatives, on 28 April, is waiting for ratification by the president in order to be implemented. Debt Payment Proposal by Salvadoran Coffee GrowersFriday, August 21, 2009 In the proposal presented by growers they request protection under Decree 263 and for some of the debt to be paid in environmental bonds. Decree 263 allows agricultural companies to pay delinquent loans by disbursing 15% of the balance in cash. El Salvador: Avila presents running mateFriday, October 10, 2008 ARENA choose businessman Arturo Zablah as running mate for Rodrigo Avila for the March 2009 presidential election. "I have invited him to be on the presidential ticket," Avila announced last night at a press conference at ARENA headquarters, surrounding by fully session of COENA, lawmakers, and department heads from the Party. Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Nicaragua and Panama.
Alternation in Power: Oxygen for DemocracyMonday, May 25, 2009 The transition process of the Salvadoran government is proving that alternation of power contributes to sound political practices. Observable facts in the current transition process between the government of the outgoing ARENA party and the incoming FMLN party, are positive signs up until now and differ sharply from other transitions. Central America: 25 years laterWednesday, January 14, 2009 Abraham Lowenthall rediscovered the isthmus 25 ago and analyzes the changes that have occurred during that period. In his column published in America Economia, the analyst asks us to "Imagine that your twin brother will wake up today from a 25 year coma and asks you for a report on the main changes that have occurred in Central America, what will you tell him? Nicaraguan Government as Seen from AbroadWednesday, January 15, 2014 "Murillo and Ortega together are forging a level of control that political observers say holds echoes of the sort of family dynasty that the Sandinista Front once took up arms to topple." "Dynasty," is how the U.S. Newspaper Kansas City describes the government of Daniel Ortega and in which it discusses the influential role played by his wife Rosario Murillo in every government decision. Autoparts in Central America: a $1 Billion MarketTuesday, July 18, 2017 In 2016, the region imported close to $1.043 billion worth of spare and replacement parts for vehicles, 8% more than what was purchased in 2015. Figures from the information system 'Market for Spare Parts for Vehicles in Central America', prepared by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"] Radiography of the Insurance Sector in Central AmericaWednesday, September 21, 2016 Panama stands out as the country with the highest penetration rate in the region, and at the other end is Honduras, with the lowest rate, and below the average in Latin America. From a report by MAPFRE: "Trends of growth in insurance markets in Latin America": Company Profile
Elastec HC: Technical Rubber Parts Division of Hulera Costarricense Ltd.
We are a technology based firm, that designs and manufactures technical rubber components following international standards. Panama Enters EU NegotiationThursday, March 4, 2010 The European Union formally accepted the inclusion of Panama in the negotiations for an Association Agreement with Central America. This way, EU recognizes Panama as part of the Central American block, despite the fact that it is not a member of the Central American Economic Integration Secretary (SIECA). |
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