Wal-Mart To Increase Investment in CA by 45%Friday, February 25, 2011 The multinational retail company announced they will invest 45% more in 2011 in Central America and Mexico compared to 2010. The planned investment for 2011 is $ 1.560 million, 45% higher than the $ 1.077 million in 2010, said the president of Wal-Mart Mexico and Central America. Azteca pushes into GuatemalaWednesday, March 26, 2008 TV Azteca, Mexico's second-largest broadcaster, has acquired 70% of Guatemala's Latitud TV, owner of Guatemala City's channels 31 and 35 in a bid to expand its brand internationally. Despite the Central American country's relatively small and impoverished population, its broadcast television advertising market is valued at over US$100m per annum. Latitud offers strong access to this market through ownership and operation of channels 31 and 35. Mexican textiles re-exported to US tariff-freeTuesday, June 17, 2008 Applying the "country of origin" clause, clothing made in Central America from Mexican textiles will not be subject to U.S. import duties. The measure, negotiated in 2003, allows U.S. imports of up to 100 million cubic meters per year of clothing made in Central America with Mexican textiles, under the country of origin clause. Mexican Trade Mission Visits GuatemalaThursday, May 27, 2010 A delegation of businessmen from the Mexican state of Puebla will meet with its Guatemalan counterparts. The activity is organized by the Mexican Commerce Council and includes the participation of several companies, among them: “Conductores Eléctricos Anahuac” (copper), “Productos Alimenticios La Morena“ (canned food), “Arena Corporativa“ (paper notebooks) e “Industrial Marmolera“ (marble for construction). More Walmarts in Central AmericaWednesday, February 22, 2012 The Mexican and Central America division of the retail giant plans to invest almost $1.5 billion in the six countries of their jurisdiction, adding over 400 stores to the chain. Mexican and Central America Walmart has with ambitious plans for 2012. With an investment of $1.4 billion, it aims to open 410 to 436 new stores in its geographical area of coverage (6 countries), generating 25,000 direct jobs and 52,000 indirect ones via building construction. The giant aims to increase its sales by 12% in Mexico and 9% in the 5 Central American countries. Work Permits for Guatemalans in MexicoTuesday, July 8, 2014 The agreement between the governments of Guatemala and Mexico establishes the granting of temporary work permits for Guatemalans in the states of Chiapas, Tabasco, Campeche and Quintana Roo. From a statement issued by the Government of Guatemala: "Pasteleria Holandesa" Expands in the RegionMonday, October 11, 2010 The company with a presence in Guatemala and El Salvador will enter Honduras and Mexico on the first half of 2011. Expansion plans include opening three new outlets in the border city of Tapachula, Mexico and the same number in Honduras. Mexico ends tariffs to fight world food crisisMonday, May 26, 2008 Mexico announced the elimination of import tariffs on food and fertilizers as part of a package of measures to combat increases in international food prices. "For my government, food policy is a State issue," said President Felipe Calderón at the presentation of his "Support for the Family Budget" program. Purdy Motor Invests $2 Million in MexicoMonday, October 5, 2009 It inaugurated its second dealership in Mexico in association with Codaca, Guatemalan distributor of Hino trucks. Located in the city of Chihuahua, it will focus exclusively in selling Hino trucks. Guatemala’s “Grupo Pharma” to Invest in MexicoFriday, May 14, 2010 The pharmaceutical consortium will install a $25 million lab in the Mexican state of Chiapas. The facility is expected to employ 180 workers in its first year of operation, growing to 300 over the next four years. Drug Trafficking in the Isthmus Valued at $35 billionTuesday, March 13, 2012 U.S. authorities estimate that 80% of the drugs reaching the country pass through Central America and Mexico. The transfer of illegal drugs from South America to the United States, through Central America is worth about $35 billion dollars a year, which is twice the GDP of Honduras, estimates the foreign minister of Honduras, Arturo Corrales. Guatemala's Planesa uses Mexican springboard for fruit exports to USTuesday, June 3, 2008 Planesa, a Guatemalan producer and exporter of blackberries, raspberries and peas, is boosting sales to the United States by investing in Mexico. Planesa manages its crop cycles in Mexico and Guatemala to ensure continued supplies to the US market. Central America as a Market for Mexican SMEsFriday, April 19, 2013 ProMéxico is preparing, for sometime in June, a trade mission to Costa Rica and Guatemala for SMEs from the sectors of fresh and processed foods, plastics, and the automotive industry. According to Edmundo González, coordinator of ProMéxico (organizer of the mission in conjunction with Canacintra), "the range of opportunities in both countries is very wide and interesting for the food sector, both fresh and processed, plastics, automotive and foundry industries, and for this reason we are inviting small and medium enterprises to explore these possibilities. " A Good Government Facilitates ProceduresWednesday, June 4, 2014 A competition entitled "GovernArt: The Art of Good Government" makes clear the teachings on how creativity in management and the use of technology can eliminate the odyssey of public procedures. From a report by the Inter-American Development Bank (IDB): Guatemala: $13 million Investment in shopping centerMonday, April 30, 2012 Trinity Real Estate Corporation has invested $13 million in a new shopping center at a point of convergence for producers in southern Mexico and western Guatemala. Coatepeque, with 125 thousand inhabitants, is now a major shopping destination, in which producers converge in southern Mexico and western Guatemala. Therefore, Trinity Real Estate Corporation has invested $13 million (Q100 million) in a new mall. |
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