españolSlim´s Confidence in NicaraguaTuesday, October 13, 2015 The Mexican businessman has highlighted the harmony between government and businesses, confidence and existing physical and legal security in the country. From a statement issued by the Superior Council of Private Enterprise: New Submarine Fiber Optic Cable by America MovilWednesday, December 18, 2013 With an investment of $1.1 billion it will connect to Brazil, Colombia, the United States, Guatemala, Mexico, Puerto Rico and the Dominican Republic. The company announced that it has completed the installation of a submarine fiber optic cable which guarantee services. This project will connect Brazil, Colombia, the USA, Guatemala, Mexico, Puerto Rico and the Dominican Republic. Slim has eyes for Guatemalan hydro projectsFriday, May 30, 2008 The construction arm of the business empire of Mexico's Carlos Slim is among several companies that have shown interest in Guatemalan government plans to build five hydroelectric plans with a total capacity of 418 megawatts. The government also hopes to construct five thermal plants, three of them fired by coal. The 50 most valuable brands in Latin AmericaMonday, September 29, 2008 An unpublished study by Interbrand y AméricaEconomía calculates the financial value of the names of the most important corporations in Latin America. For a decade now in Latin America, the value of intangible assets is now being recognized by companies. Hence the region is going through a process of architecture to give value to their brands. Leftist in El Salvador will respect Mexican investmentsFriday, December 5, 2008 Candidate Mauricio Funes met with Mexican magnates Carlos Slim and Ricardo Salinas promising to respect their investments in case he wins the elections. Funes, former news anchor for CNN, is the favorite to win the elections to select a successor to president Elias Antonio Saca from the right. If he wins, it would be the first time that the ex-guerrilla Farabundo Marti Front for National Liberation (FMLN in Spanish) is in power. Panama: Ownership of Hydroelectric Plant Still In DisputeThursday, April 14, 2011 The project in question is reaching 97% completion but it is still unclear how the dispute over its ownership between the original and new concession holder (Mexican born Carlos Slim) will be resolved. According to Wilfredo Jordán writing for Prensa.com, "after almost five years the company Ideal Panama, owned by Carlos Slim, has finally completed the "Bajo de la Mina" (literally "under the mine") hydroelectric project. The plant will have installed capacity to produce 56.8 megawatts. América Móvil Plans to Invest in Costa RicaTuesday, July 27, 2010 The company is looking to introduce its brand via offering satellite TV and later cell phone services. Ricardo Taylor, general manager for Claro in Costa Rica, told La Nación that the company had already asked the government for a frequency through which to transmit the satellite signal it uses to provide customers with its service. Carlos Slim Looks At Investing in GuatemalaFriday, July 12, 2013 The Mexican businessman is studying possible investments in exploration and exploitation of oil and natural gas, and the construction of a rail line between Mexico and Guatemala. From a press release from the Presidency of Guatemala: AT&T Comes to Latin AmericaWednesday, September 18, 2013 In agreement with America Movil, AT&T will operate in 15 countries including all of Central America. Expectations are that AT&T will today announce that it will "... extend its reach in Latin America for business customers through a cooperation with the firm America Movil, belonging to the Mexican billionaire Carlos Slim". Has the Honeymoon Between Businesses and President Ortega Ended?Monday, April 8, 2013 Businesses are showing contempt for the regulation which requires Government approval of the appointment of senior management at telephone and Internet companies. The measure was issued by Telcor, the entity which regulates telecommunications in Nicaragua, informing intercommunications companies that "as of March 22 they had 30 days to send updated information about their managerial, executive, security and computing staff and information about new contracts to be approved by the institution. " Stimulating the Honduran EconomyWednesday, July 14, 2010 International investors, including Carlos Slim, are to meet in an economic forum to evaluate more than 100 development projects in various sectors. The event will take place on 4 and 5 November in San Pedro Sula, the economic capital of Honduras, to relaunch the promotion of the country as a destination for investment. International Litigation Against Panama Over Hydroelectricity StationFriday, October 18, 2013 The Center for Settlement of Investment Disputes has started arbitration proceedings in which Panama could end up paying up to $2.5 billion. Months ago the U.S. company Transglobal Green Energy (TGGE), called on the Panamanian government to reach an agreement on the cancellation of an award for a hydroelectricity plant which was subsequently awarded to Grupo Ideal owned by Carlos Slim, however, lack of action by the authorities led the company to take further action. Litigation Over Hydroelectric Concession in PanamaTuesday, June 18, 2013 Transglobal Green Energy has summoned the Panamanian government to make an agreement over a hydroelectricity concession which was annulled and then granted to a company belonging to Carlos Slim. June 24 is the deadline that Transglobal company lawyers have given the Government to settle in an amicable way the case regarding the concession of a hydroelectic station in the Rio Chiriqui Viejo, before going to an arbitration process. The 200 biggest companies in Central AmericaMonday, November 3, 2008 They produce 28 percent of the GDP in the area. Their performance sets the pace for economic activity and industry trends. Mexican America Movil and Arkansas giant Wal-Mart are, without a doubt, the two biggest stars in the ranking, evidencing the significant activity in telecommunications and retail sales in the region. Hydroelectric Project Speculation in PanamaFriday, May 28, 2010 Most of the concessions to build hydroelectric power plants in the rivers of Chiriquí were granted without paying fees, for 50 years. Sometime later, Mexican tycoon Carlos Slim entered the hydroelectricity market in Panama, offering almost $32 million for two of these concessions. This triggered a “hydroelectric fever”, with the creation of a secondary market between concessionaries and interested businessmen. In those private transactions the state didn’t earn a single cent. |
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Sunday, January 17, 2021 - last update: Friday, 5:07 pm
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