Costa Rican Trade Minister in IndiaWednesday, March 21, 2012 The governments of Costa Rica and India are negotiating an Economic Cooperation Agreement and an Agreement for the Promotion and Reciprocal Protection of Investments. A statement by COMEX reads: Amway Could Move Operations To Costa RicaFriday, October 16, 2009 Direct marketing giant Amway is planning an operations center in Costa Rica. Michigan newspaper "The Grand Rapids Press" obtained a confidential memo from the company to its employees. In it, the organization communicates that it is planning an "enterprise process center" in Costa Rica. This center would consolidate financial operations and processes for the entire Americas region. Call Center Inaugurated in Costa RicaWednesday, August 12, 2009 ACE Global inaugurated its $2 million call center in the free port "Zona Franca Metro". The multinational financial services company will provide outsourcing services for a telecom company and an investment bank. The Economist organizes business round table in El SalvadorTuesday, August 19, 2008 The Economist Conferences has organized a Business Round Table with the private and public sectors for September 11. "What are the possible post-election scenarios and their implication for future business and investment? What are the main needs of El Salvador regarding infrastructure and labor? What steps should be taken by the Government to attract investment in the next three to five years? These and other topics will be discussed at the Round Table. The Coffee Cup Expands in Costa RicaMonday, November 23, 2009 Salvadoran coffee chain 'The Coffee Cup' opened its second store in the country. The chain plans to open an additional store in San José International Airport in 2010. The Coffee Cup opens in the U.S.Tuesday, November 2, 2010 The Salvadoran franchise opened its first store in Austin, Texas, USA. The company invested $ 400,000 in its first store and expects to open 10 more next year. Regional Investment Bank OpensTuesday, March 1, 2011 The Network Co., a Central and South American investment bank, has completed $ 20 million in transactions since November 2010. The founders expect to close transactions for over $150 million in corporate purchases, financing and funds marketing over the next 3 months. Marketing firm to open in Costa Rican free zoneTuesday, November 18, 2008 American company, Critical Mass, joined up with Costa Rican firm, Grupo Garnier, to open a subsidiary in the country called The Hangar Interactive. The Hangar Interactive will create website for marketing and will hire 30 persons immediately. However this figure should reach 250 within the next three years, said Gabriela Llobet, director of Cinde. Mexican fast food chain arrives in PanamaWednesday, August 20, 2008 The Taco Maker will open 22 restaurants in Panama in the next three years, with Costa Rica as its next destination. The Mexican fast food franchise, The Taco Maker, announced yesterday that it is entering the Panamanian market. Honduras: The Dry Land Panama Canal?Thursday, August 14, 2008 Honduras lies just about 1,000 miles southwest of Miami. A great location for commerce with the U.S. Antonio Young is the Executive Vice President of FIDE, Honduras’ Foundation for Investment and Export Development. He says Honduras’ strategic location provides an invaluable access to Latin American markets. And, with the continued development of Honduras’ north-south highway, called the Logistic Corridor, Antonio says Honduras could be the dry land version of the Panama Canal. Investor Sought for Mountain Hotel in El SalvadorWednesday, July 24, 2013 The intention is to revive the hotel Cerro Verde, an investment that could be around $10 million and would be developed as a public-private partnership. A feasibility study conducted by consulting firm Urani Pitarch Associated Advisors SL (PAX Consulting), demonstrates the viability of developing the project entitled "Renovation of Cerro Verde Mountain Hotel, Canton Las Lomas Santa Ana" which could resume operations in about two years. The Coffee Cup Forays into United StatesTuesday, August 4, 2009 In February, the Salvadoran company will open a store in Austin, Texas. Samuel Quirós is the president of Quality Grains, holding company for The Coffee Cup stores. He said they intend to open 10 stores in Texas in their first year of U.S. operations. IHOP Franchise Enters GuatemalaFriday, March 4, 2011 With a $ 1.5 million investment, The International House of Pancakes (IHOP) opened its first restaurant. The Guatemalan opening marks the entry of the U.S. chain, known for its pancakes, in Latin America. Quality coffee from El Salvador enters Costa RicaMonday, January 19, 2009 The Coffee Cup, a gourmet coffee brand from El Salvador, opened the first of nine stores in the city of Grecia. Elfinancierocr.com reports: "The salvadoran entrepreneur indicated that the contract with the costa rican company Coffe and Talk includes opening nine additional stores in different locations of Costa Rica, and the investment for each of them will be between $125.000 and $150.000, depending on location and size." The Coffee Cup Franchise Expands in Central AmericaMonday, May 25, 2009 The chain just opened its fifth store in Honduras and it expects to open its first one in Costa Rica in July, while negotiating entry into the U.S. The franchise model of the Salvadoran “The Coffee Cup” Company currently has 18 stores in El Salvador and it plans to open 2 more stores in the country and 2 others in the region. |
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