Customs Congress Begins in PanamaFriday, December 9, 2011 Experts from the World Customs Organization (WCO) will gather today, December 9, in Panama to discuss counterfeiting and piracy. In the meeting, in which twelve countries of the region are participating, new routes identified for the transit of counterfeit goods and new methods used to counterfeit products will be publicised. Nicaraguan Trade Mission to ChileWednesday, April 11, 2012 A total of 17 Nicaraguan entrepreneurs and producers will take part in a trade mission to visit the Andean country from 16th to 19th April. Beef, cigars, handicrafts, and organic products such as roselle and honey have "great potential to break into the Chilean market," said Roberto Brenes, general manager of the Export and Investment Center (CEI). Guatemalan Company Expands in the CaribbeanTuesday, August 14, 2012 The Guatemalan company Tecnifibras, Inc. producing polypropylene bags, opened a production plant in June in the Dominican Republic. Tecnifibras, Inc. in reaction to the constraints imposed by the Dominican Republic on imports of polypropylene sacks in 2009, decided to open a plant from which it not only supplies the local market but also exports to Jamaica, Puerto Rico and Trinidad and Tobago. Costa Rica to Receive Weekly Charter Flight from GermanyFriday, September 10, 2010 Starting 6 November the charter flights will fly between Düsseldorf, Germany and Liberia International Airport. The direct flight operated by the whole sale agent TIU will arrive Saturdays at 3 pm, indicated Tourism Minister, Carlos Ricardo Benavides. Salvadoran Pharmaceutical companies create export consortiumWednesday, November 12, 2008 Five pharmaceutical laboratories set up the Affluentes consortium to export to three countries in the Caribbean Community starting next year. Affluentes, S.A. de C.V. is comprised of HealthCo, Paill, Gamma, Teramed and Pazepharm Laboratories. Some of these laboratories already export to Central America, USA, Dominican Republic, Panama and Belize but anticipate good business opportunities in the Caribbean and South America. CAF Will Open Regional HQ in PanamaThursday, October 29, 2009 The announcement was made by Enrique García, president of CAF, the Andean Development Corporation, while visiting the country. From the Presidency of Panama: "With the installation of this office in Panama, CAF's financial and technical support for our country will increase. It will also be a complement for the International Banking Center". Petrobras in talks to seek oil in GuatemalaTuesday, June 3, 2008 Brazilian state oil company Petrobras is to hold talks with Guatemalan authorities with a view to studying the drilling potential of the Guatemalan Pacific. Guatemala is also considering a move to join the Petrocaribe initiative under which Venezuela supplies oil at subsidized prices to the Caribbean, Nicaragua and Surinam. Panama's brain drain is no more than a trickleFriday, May 30, 2008 Not even one in 10 of Panama's scientists leaves the country to seek a higher salary and more opportunities career advancement – the lowest figure in Latin America and the Caribbean, according to the World Bank. The World Bank reckons that a country suffers a "brain drain" when 10 percent of its citizens with higher studies in research and development choose to emigrate. Small and Medium Sized Businesses Present Their Products to Wal-MartThursday, June 25, 2009 31 Salvadoran entrepreneurs presented their products to Wal-Mart executives, at the Business Round organized by the multi-national company. The event “Business Round” is part of Wal-Mart’s program “A hand to grow.” Claudia de Ibáñez, Manager of Corporate Affairs for Wal-Mart Central America, commented to Laprensagrafica.com that “something that is worth underlining is that the support of family businesses stimulates job growth. Post-Panamax Vessels and Ports in the RegionThursday, November 22, 2012 It is not only the ports on the South and East Coast of the U S that have to make provisions for the expansion of the Panama Canal. Ports in the Caribbean and Latin America will also have a before and after the expansion of the Canal. Central America and The Wind Power IndustryThursday, February 7, 2013 Energy generated from wind power has great potential for growth in a region where access to natural gas is limited and countries mainly depend on diesel. According to Adrian Katzew, manager of the Danish firm Vestas, a wind turbine manufacturer, the wind industry’s potential for growth of at the regional level is very high, considering that in Central America and the Caribbean there is no easy access to natural gas, meaning that power generation is dependant mainly on diesel and hydroelectric sources "which are very cyclical." El Salvador Among Economies with Worst PrognosisFriday, February 15, 2013 The ratings agency Fitch Rating puts El Salvador along with Argentina, Jamaica and Venezuela, in the group of countries in the region which will grow the least in 2013. Elmundo.com.sv reports that "El Salvador, along with Venezuela and Argentina, is the country with the worst credit rating in Latin America, according to a report by the risk measurement agency Fitch, which categorizes the prospects of credit rating of these countries as 'negative'. $41 million Transacted in Expo Apen 2013Thursday, October 17, 2013 At the fair held last September $4 million more was made in sales than the previous year when the amount was $37.4 million. The fair included more than 250 exhibitors and 80 international buyers. In addition a conference was held on marketing and business which included 700 business meetings with over 100 world-class buyers. Future of Petrocaribe at RiskFriday, April 25, 2014 Moody's is warning that countries with oil deals with Venezuela face risks if this country reduces or eliminates its financial support to the block. A report by the rating agency notes that "In the countries of Central America and the Caribbean, the "most vulnerable" are Nicaragua and Jamaica, while less exposed are Honduras and Guatemala." Business Deals for Panama in the CaribbeanMonday, April 21, 2014 Panama will once again try to negotiate trade agreements with Caribbean countries to which it already exports processed food and drinks. Following the same strategy as Trinidad and Tobago, the government will seek to reach agreements with Caribbean countries in order to increase exports already made by Panamanian companies, mainly those of beverages and processed foods. |
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