Panama: $75 Million Corundú Project Goes Out to TenderTuesday, November 10, 2009 The project comprises studies, design and construction of Project Corundú. Bids must be submitted before December 21, and the project includes the construction of several structures: Costa Rica: Television Broadcasters Cut Agency Commissions by 5%Monday, September 13, 2010 The country's two major broadcasters are to reduce the commissions they pay to publicity agencies from 15% to 10%. Repretel, one of Costa Rica's two main television companies, explained that the commissions are "a heavy burden on broadcasters that must be reduced," reports elfinancierocr.com. Nicaragua, Costa Rica and Honduras Electrical InterconnectionWednesday, March 2, 2011 With an investment of $ 4.5 million, Nicaragua will complete the power line joining Costa Rica and Honduras in the coming weeks. Officers of the National Electricity Transmission Company (Enatrel) stated that completion of the lines will expedite the purchase and sale of energy with the other Central American countries through the Electric Interconnection System for Central America (Siepac). Guatemala Changes Power Line Network Bidding RulesWednesday, October 28, 2009 The Electric Energy Commision introduced changes to PET (Plan for Expanding the Energy Transmission Network), in order to simplify some issues, such as rights of easement for power lines. Companies interested in the project expressed their satisfaction with the modifications, but complained that the initiative has more problems to be solved. Port-City of Limon Integrated Infrastructure ProjectMonday, December 10, 2007 Although Costa Rica continues to be regarded as a development success story, recent years have seen the emergence of significant challenges for sustained economic growth and poverty reduction. Costa Rica still combines a long tradition of political stability with indicators that outstrip regional Tender for Rural Electrification in HondurasFriday, April 26, 2013 The Honduran Social Investment Fund is putting out to tender the construction of a rural electrification project in the communities of Guaxinlaca and Pajapas. The purpose of the tender is the "Construction of Rural Electrification Project in the Communities: Tender: Dredging for Hydroelectric DamFriday, June 2, 2017 The National Institute of Electrification in Guatemala is putting out to tender a dredging service for the Agua Caliente dam at the Aguacapa Hydroelectric Plant, located in Escuintla. Guatemala Government Purchase 6397344: Real Estate Funds: Poor Performance in 2019Monday, September 9, 2019 In Costa Rica, yields on these investment instruments have been declining since 2017 and even more this year, partly because of the increase in the unemployment rate of real estate. The prices of real estate investment fund shares on the stock market have fallen significantly in the last year. Economist Adriana Rodríguez, director of the consulting firm Frecuencia Económica, explains what to expect in the medium and short term. New Markets for Central American CacaoTuesday, November 3, 2015 China and Russia are beginning to position themselves globally as the two emerging markets with the greatest potential for growth in the consumption of chocolate. While European countries remain the main consumers of cocoa and its derivatives worldwide, in some of them the sector appears to be becoming saturated, while the Asian markets, particularly China and Russia, are beginning to show more and more interest in importing these products. Tender: Prefabricated Bridges for $22 millionThursday, November 24, 2016 The Ministry of Public Works in Panama is putting out to tender the supply of 61 prefabricated modular bridges on site for delivery by provinces. Panama Government Purchase 2016-0-09-0-99-LA-004823: Cable Car Concession PrequalifiedThursday, January 3, 2019 Companies interested in competing for the concession of the cable car public transportation system in Panama must present their documentation on February 13 in the municipality of San Miguelito. According to the schedule of activities detailed in the specifications, a visit to the project site will take place on January 15th and a validation meeting will take place on January 21st. Nicaragua: Tax on Street SignsMonday, January 12, 2015 An announcement has been made that the Legislature will resume discussion of approving the Signs Act, which aims to charge an annual tax on advertising signs installed on streets and roads. As yet no date has been announced for the return to the discussion of the rules, but consultation is already taking place with the 153 municipalities of the country. The tax proposed, for each sign, varies depending on the size, type of structure and placement. Tender for Electricity Transmission Lines in GuatemalaWednesday, July 16, 2014 An announcement has been made that the conditions for the tender for 574 kilometers of power lines will be released on July 31. The work comprises of "... 29 new substations, expansion of 25 new lines and more than 12 adaptations, establishing 574 kilometers of electricity transmission, divided into 5 lots covering the national territory." Guatemala: Does Quetzal Need to Be Devalued ?Monday, January 25, 2016 Given the claims of loss of competitiveness by the export sector, the Bank of Guatemala is insisting that the dollar be made more expensive for reasons exclusively to do with market factors. Guatemalan exporters are looking at the possibility of a devaluation of the quetzal induced in an international context where the dollar has tended to rise. However, the policy of the Bank of Guatemala (Banguat) is that the current exchange rate regime is adequate, and obeys market supply and demand. "The exchange rate is stable and does not favor or disfavour any economic sector", said the acting president of the Banguat Sergio Recinos to Prensa Libre. Don't Let Your Ego Ruin Your BusinessFriday, February 12, 2016 Self control of a leader's ego and being flexible when it comes to enrich ideas with contributions from his or her team can be critical for a company's future. An employer can be as bright as they are stubborn. Like any good entrepreneur, you're so in love with your idea, and so happy with your project, that this can lead to resistance from hearing about alternative ways of doing things or that your original idea could be improved. |
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