CAF Announces 1 billion in LoansMonday, November 19, 2012 The Development Bank of Latin America has announced a programs to expand the flow of investment and joint ventures in Latin America - Spain and Portugal. A statement of the CAF reads: Don Limon Gets Established in Central AmericaFriday, July 8, 2011 The company begain operations in Costa Rica in order to be close to the fruit growers. In order to strengthen its position and generate new business alliances in the region, the Don Limon company has decided to settle in Costa Rica, where it recently partnered with Tropical Fruit Marketing. Panama: 100% of Expocomer Area SoldFriday, March 22, 2013 With almost a month to go before the start of Expocomer, 100% of the 14,000 square meters of the Atlapa Convention Center has already been sold. So announced Raul Delvalle, president of the organizing committee, who said that in this version participants are expected from over 30 countries in America, Europe and Asia. Tariffs Lowered on European LiquorsMonday, March 17, 2014 The trade association agreement between Central America and Europe means a reduction in import tariffs on alcoholic beverages. With the entry into force of the Agreement between Europe and Central America (CAAA) comes a reduction in import costs, which in the case of champagne is a cut of 15%. Clean Technologies Shop OpensThursday, March 22, 2012 With an investment of $2 million, Greenersys is operating a showroom in Costa Rica to market products like wind turbines, solar heaters, LED screens and electric vehicles. The franchise Greneersys started operations in Costa Rica on Wednesday March 21st, when it opened its showroom in La Uruca, in which $2 million has been invested. Pineapple Juice PlantMonday, July 30, 2012 Del Monte is planning an investment in Costa Rica of over $7 million in a processing plant in order to take advantage of the pineapple juice whose quality is not exportable. The extraction plant will be located in an area of 6.7 hectares in Volcan de Buenos Aires, Puntarenas. Panama Attracting Multinational CorporationsMonday, August 3, 2009 The special program established in 2007, aiming to bring big corporations to the country, is working out. Panamanian Industry and Commerce minister, Roberto Henríquez, stated that the country aims to receive $1 billion in foreign investment for every year of the current government. Costa Rican department stores market shaken upWednesday, September 10, 2008 A high purchasing power and demand for goods and services is attracting big competitors such as the Salvadoran Siman Group which inaugurated a 11,000 m2 store. A market that was once characterized by competition between local stores such as La Gloria, Yamuni and LLobet on the national level has turned into a regional dispute with the arrival of the international department store chains. Latin America Cutting Red Tape -- SlowlyFriday, September 12, 2008 If you are thinking of starting a business in Latin America, arm yourself with patience. It takes 20 times longer to open a company in many countries in the region than in the United States, Singapore or New Zealand. Latin America Cutting Red Tape -- SlowlyFriday, September 12, 2008 If you are thinking of starting a business in Latin America, arm yourself with patience. It takes 20 times longer to open a company in many countries in the region than in the United States, Singapore or New Zealand. Costa Rica Advertised in SpainTuesday, October 5, 2010 Government authorities are seeking to attract Spanish investment in biotechnology, renewable energy and high technology services. Before Spanish businessmen the Trade Minister, Anabel Gonzalez and the director of the Coalition for Development Initiatives (INCD), Gabriela Llobet, are promoting the country's image as an investment destination. " Convergys Opens Operations in Costa RicaFriday, October 15, 2010 Convergys, an American company specializing in the service area, opened its third center in the country. With over 35 thousand square feet, modern facilities at Park Ultra II, will allow the company to add 500 people to its payroll, amounting to 1600 employees in the country and thereby becoming one of the top ten employers in the services area, according to data from CINDE. Sardimar: $7 Million in Treatment PlantMonday, March 23, 2009 The Costa Rican fish and seafood cannery built a plant to purify the water it uses in its production process. Sardimar, which consumes 1600 cubic meters of water, made the decision to invest in green technology in response to the characteristics of many American and European customers who, when buying products, take into account whether they are made with environmentally friendly processes. Costa Rica's Saret aims to take lead in power generationFriday, June 13, 2008 Costa Rica-based Grupo Saret aims to become one of the leading players in electricity generation in Central America. Saret aims to seek a partner with experience in the industry so it can compete with companies such as Enel of Italy and Spain's Unión Fenosa. Costa Rica tourism fair draws hundreds of travel companiesFriday, May 9, 2008 Expotur, Costa Rica's leading tourism fair, will be attended by 219 representatives of 140 companies from the North and South America, Europe and Israel, the Costa Rican Association of Tourism Professionals (Acoprot) reported. Acropot Lizama, the Acoprot president, said that 270 companies from Costa Rica and the rest of Central America would also be represented at the event, which runs from May 13 through 15. |
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