Structured Finance in PanamaTuesday, November 26, 2013 On December 4th Fitch Ratings will hold a conference entitled 'Challenges and Opportunities for Structured Finance and Infrastructure in Central America and the Caribbean.' Securitization of Assets, an Option for Capital Markets in the Region, is one of the subjects to be discussed in the event's agenda. Participants will include Marielena Garcia, SVP of Investment Banking at MMG Bank Corp, Alberto Gutierrez, president of Titularizadora Colombiana, John Rauschkolb, General Manager La Hipotecaria and Diego Torres, vice general manager of BHD Valores Puesto de Bolsa. Central American Commodities Trading Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Capital Bank Acquires Bancolat from Virgin IslandsFriday, October 9, 2009 Capital Bank, a Panamanian banking entity, requested authorization to purchase 100% of Bancolat's shares. Bancolat Overseas is property of MTS Holdings Corporation, an entity located in the British Virgin Islands. For its part, MTS Holdings is fully owned by HSBC Bank in Panama. The Profits of Guatemalan Mining CompaniesWednesday, April 11, 2018 According to a recent study, companies that carry out mining activities in the country, operate with a profit margin of 22% before paying taxes. The report prepared by Central American Business Intelligence (CABI), details that companies in the mining industry operating in Guatemala can achieve extraction costs of up to 55%. Guatemala: Industrial Activity Stagnated in 2017Thursday, May 17, 2018 Between December 2016 and the same month in 2017, the Industrial Activity Index registered a contraction of close to 1%, explained in part by the performance of the food and mining sectors. The Industrial Activity Index prepared by Central American Business Intelligence (CABI), uses historical information from the year 2012 and takes into account 14 industrial sectors. Can Foreign Investment be Recovered?Tuesday, April 3, 2018 For the third consecutive year, in 2017, foreign investment received by Guatemala fell compared to 2016, explained by a lack of legal certainty, particularly in the mining industry. Even though no one expected great results at the end of 2017, the 3% fall with respect to foreign investment received in 2016 has worried the business sector, as it reinforces the downward trend seen since 2015, when the FDI received by the country was 12% lower than the amount reported the previous year. Legal Uncertainty Discourages Investment in MiningTuesday, April 24, 2012 The lack of political stability and a clear tax system, make Guatemala unattractive for investment in metal extraction, compared with countries like Chile and Brazil. A study by Central American Business Intelligence (Cabi) puts the Central American country at a disadvantage when compared with Chile, Brazil, Peru and Mexico in the exploitation of metals. Taiwanese Explore More Investment in GuatemalaFriday, May 11, 2012 Four industrial firms are to visit the country between the 14th and 16th of May in order to learn about business and investment opportunities. A trade mission from Taiwan will arrive in Guatemala on May 14th, led by Carlos Liao, director of the Central American Trade Office (CATO), headquartered in Taipei, an agency that promotes mutual investments of American businessmen and Taiwanese firms, reported Prensalibre.com. According to analysts Guatemala's economy is still safeTuesday, September 30, 2008 Guatemalan analysts agree that the country will not receive a direct impact from the international financial crisis. Carlos Gonzalez, an economist from the Association of Investigations and Social Studies, affirmed that he does not foresee any direct impact, however he said that this could happen if the US economy continues to slip and therefore affect Guatemalan exports, remittances and employment. Guatemala: Mining Royalties by Type of MaterialTuesday, April 16, 2013 Royalties on mineral holdings in Guatemala will be imposed on three levels related to the base value of the extracted material. According to Mario Marroquin, president of the Union of Mining and CEO of the company Montana Exploradora (main extractor of gold and silver in Guatemala), precious metals are those with the highest and there are other lower rates for base metals and non-metallic minerals. Nicaragua: Investment for Processing Chia SeedsMonday, June 3, 2013 With an investment of $9 million a new plant will be installed to process the seed that has become fashionable among investors and small producers. The production of chia in Nicaragua has taken a new turn, as the company Acustica (CAC Trading) (dedicated to the purchase and sale of grain or commodities at regional level) will install a processing plant for the seed, which will involve an investment of $9 million and will be opened in Jinotega in 2014. Industrial Activity Is StagnatingThursday, February 14, 2019 Lack of legal certainty, lack of investment and excessive bureaucracy are some of the factors influencing industrial activity in Guatemala not to advance in 2018. The Guatemalan union of the sector reported that the Industrial Activity Index (IAIG) registered a 2% decrease between December 2017 and November 2018, going from 145.67 to 142.70. Guatemala: Industrial Activity Begins 2019 DownwardFriday, May 31, 2019 The economic slowdown in the U.S., the main trading partner, partially explains the 6% year-on-year drop in the Industrial Activity Index reported during the first quarter of the year. According to the Industrial Activity Index (IAIG) compiled by Central American Business Intelligence (CABI), the productivity of the 14 industrial sectors have been affected by the increase in the price of gasoline, the new fall in commodity prices, the stagnation of national investment and smuggling. Industrial Activity Still in the Red NumbersThursday, October 10, 2019 From January to June in Guatemala, the Industrial Activity Index registered a 2% drop regarding the same period of 2018, which is explained by the drop of the chemical and pharmaceutical industries, and mining. According to the Industrial Activity Index (IAIG) developed by Central American Business Intelligence (CABI), 85% of the negative result of the index is related to macroeconomic aspects, that is, influenced by what happens with the country's economy, and the remaining 15% is determined by industry issues. Guatemala Hosts Enade 2011Monday, October 10, 2011 The Enade Forum 2011 with the theme "Poverty Reduction: Facing the Challenge", will take place on October 13 in the Hotel Westin Camino Real’s convention center . The forum, which is held annually by the Foundation for the Development of Guatemala (FUNDESA) together with the productive sector in Guatemala, will present issues of national interest and encourage discussion among businessmen, government officials, trade unionists, cooperatives, civil society leaders, the diplomatic corps and speakers from around the world, on its central theme. |
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