españolCosta Rica Long-Term Ratings Lowered To 'BB-'Friday, February 26, 2016 Noting the political system's inability to agree on fiscal issues, Standard & Poor's has downgraded, from BB to BB-, the rating for the country's long-term debt, giving it a negative outlook. Costa Rica Long-Term Ratings Lowered To 'BB-' On Continued Fiscal Deterioration; Outlook Is Negative S & P Downgrades El Salvador's DebtFriday, October 14, 2016 The ratings agency has reduced the rating for long-term sovereign debt from B + to B, arguing that political capacity to resolve the fiscal problem is shrinking. From a press release by Standard & Poor´s: Panama ranks 83 in "E-Government"Wednesday, September 3, 2008 In 2005 the country was placed at 64 and currently it is at 83, surpassed by 12 Latin American countries. Despite the progress made in the process of modernizing of the State and the automatization of government bureaucracy, Panama fell 19 spots in the global ranking of electronic government (E-Government) by the United Nations (UN). Accessory Products Can Become StarsTuesday, July 6, 2010 A company's core activity usually generates sub-products or services that are initially seen as secondary, but may contribute significant additional revenue. Although every business strategy must maintain the focus on the company's core activity, experts are reminding executives to not dismiss Ancilliary Revenue, or sales originating from secondary goods or services. Plus Technologies & Innovations Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Passengers in Latin America Up by 9.6%Wednesday, August 15, 2012 The airlines affiliated with the Latin American and Caribbean Air Transport Association (ALTA), transported over 11.6 million passengers in June, 9.6% more than in the same month in 2011. An article in Capital.com.pa reports that "traffic (Revenue Passenger Kilometers) increased by 11.5% and capacity (Available Seat Kilometers) grew by 8.1%, increasing the load factor to 76%, representing 2.3% more up to June last year, says the report released today. " Panama Ready to Send FATCA ReportsTuesday, August 8, 2017 Since August 8, the online tax tool for sending reports to the US tax administration has been available online. From a statement issued by the Ministry of Economy and Finance: Panama Now has Agreement with U.S. Over FATCATuesday, June 17, 2014 451 Panamanian companies, among them banks, securities, trust companies and others have already registered for compliance with the standard. Although the U.S. Treasury Department recently announced the extension of the deadline for enactment of the FATCA law, countries are still signing agreements establishing the financial reporting on U.S. citizens who have bank accounts abroad. Leading-edge IT project receives Computerworld Honors Program awardWednesday, August 5, 2009 Grupo Asesor en Informatica provided support for the development of IT project for tax and revenue management "The Computerworld Honors Program" gave a recognition to a technological project in which the Costa Rican company Grupo Asesor en Informatica was involved. Panama To Negotiate Tax Agreement with UKThursday, November 17, 2011 Both countries have agreed to start meetings in Panama, in order to sign a Double Taxation Treaty. A press release from Panama’s Ministry of Economy and Finance states: Doubts Over Foreign Account Tax Compliance ActTuesday, April 10, 2012 There is still uncertainty among U.S. citizens and companies abroad, regarding the effects of this law’s extraterritorial reach. The start of registration stipulated by FATCA law (Foreign Account Tax Compliance Act) of the United States is January 1st, 2013, with enforcement beginning on 1st July of that year. However, many questions remain in several sectors such as insurance, securities and pensions, and even the regulators don’t have a clear idea of the effects of the law. In One Month FATCA Process StartsWednesday, June 12, 2013 July 15 will see the opening of the registration process for banks to comply with the Law on tax compliance for accounts abroad, adopted in 2010 by the U.S. This law will affect banks' relations with the so-called "U.S. persons" worldwide. "Since mid-July, therefore, banks may finalise the agreement with the IRS (Internal Revenue Service, an organization equivalent to the Department of Revenue) to be part of the law-abiding entities", reported Prensa.com. 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. Guide to Business in NicaraguaThursday, November 8, 2012 General information for investors has been released, in bilingual format, detailing competitive advantages, investment opportunities in strategic sectors, legal and investment incentives. Contents of the Guide Doing Business in Nicaragua 2012-2013: Another Unbelievable "Well-being Index"Thursday, September 18, 2014 The fact that the Global Well-Being Index by Gallup states that the populations of Panama, Costa Rica and Denmark share a "a high level of education" is enough to discredit the entire report. EDITORIAL |
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