españolPanama: Business Mission to HungaryFriday, February 10, 2017 Preparations are being made for Panamanian businessmen to visit the European country on May 1 with the aim of exploring business opportunities. The trip to Hungary by Panamanian businessmen is scheduled for May, and was publicised during the meeting between Chancellor Isabel de Saint Malo de Alvarado and the Speaker of the National Assembly of the European country, László Kover. Panama to Continue Expanding Network of Tax TreatiesFriday, January 13, 2012 For the first six months of the year negotiations have been planned with Germany, the UAE and Hungary. A press release from the Ministry of Economy and Finance reads: Panama to Negotiate New Double Taxation TreatiesTuesday, January 3, 2012 Before April 2012 the country will negotiate double taxation agreements with the UAE and Hungary. The announcement was made by the Minister of Economy and Finance, Frank de Lima, during the opening of the new ordinary session of the Legislature. Nicaragua: Investment in Tobacco PlantFriday, November 20, 2015 An announcement has been made of the launch of a new tobacco production export plant in the city of Esteli, with an investment of $2 million. Government representatives noted that the 1000 square meter production plant will operate under the free zone regime, employing 400 people and it will start operating in January 2016. Top 5 Medical Tourism DestinationsTuesday, April 1, 2008 Medical tourism destinations have emerged all over the globe, from Thailand to South Africa, and even European countries such as Hungary. The industry anticipates a great deal of growth in the coming years, from a 2004 estimate of $40 billion to $100 billion by 2012, according to statistics produced by McKinsey & Company and the Confederation of India. Experts believe that medical tourism will have a positive impact on the economies of destination countries and benefit skilled and unskilled trades alike. The medical tourism phenomenon may also bode well for foreign investors who hold an interest in those countries. Banana Price Faces Downward PressureThursday, November 12, 2020 Since 2018, the price of the banana box that Costa Rican producers sell to the German supermarket chain ALDI is falling, there is concern that other European chains will begin to negotiate lower prices. Representatives of the National Banana Corporation of Costa Rica (Corbana) explained that in 2018 the 18.14 kilo banana box sold to ALDI was quoted at 13.55 Euros. However, in 2019 and 2020 the amount paid for the fruit was reduced, and by 2021 a price of 11.33 euros has been set, which is equivalent to a -16% variation with respect to what was charged in 2018. CA-4 Allows Free Transit to TravelersTuesday, March 24, 2009 El Salvador, Guatemala, Honduras and Nicaragua agreed to the free transit of travelers from the US or Canadian or from the Schengen area. El Salvador, Guatemala, Honduras and Nicaragua, the countries that integrate the CA-4 authorized the entry of travelers who have a US or Canadian visa or who are from one of the European countries that make up the Schengen area. Nicaragua: Sales to Europe Decrease by 9%Friday, January 11, 2019 Because of the behavior of exports made to the United Kingdom, Germany and Italy, between 2017 and 2018 the sales of the Central American country to the member states of the European Union fell from $307 million to $280 million. According to figures from the Centro de Trámites de las Exportaciones (Cetrex) last year, exports from the country to the United Kingdom reported a 11% decrease over 2017. In the case of sales to Italy the decline was 16% and Germany 18%. Why TrumpWednesday, November 9, 2016 The choice of Donald Trump as the 45th President of the United States is another clear example of how the deterioration of liberal democracies enlightens the way for the emergence of authoritarian leaders. EDITORIAL International Festival of Tobacco in NicaraguaThursday, January 9, 2014 From January 15 to 17, the Tobacco Association will be organizing a festival to promote the cigars manufactured in the country and attract tasters from America and Europe. During the Third International Festival of Tobacco the best cigars made in the Segovia region will be tasted, plus four brands recognized among the most outstanding in the world in 2013 by a specialist magazine, said the president of the Nicaraguan Association of Tobacco Growers, Nestor Plascencia. Market for Healthy SnacksTuesday, September 25, 2012 Dried fruits flakes in boxes containing combinations of pineapple, mango, strawberry, apple and orange, are becoming increasingly popular in the UK. A statement from the Costa Rican Foreign Trade Promotion Office (PROCOMER) reads: Citi to Sell its Operations in Central AmericaTuesday, October 14, 2014 The group has announced that as part of its long-term strategy it will withdraw from the consumer banking business in Costa Rica, El Salvador, Panama, Guatemala and Nicaragua. Extract from a statement issued by Citigroup: |
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