españolBetter Practices in Investment PromotionTuesday, May 22, 2012 Most investment promotion agencies are not responding to national enquiries by investors in the key sectors of agribusiness and tourism. From a press release from the World Bank The Hotel Investment OutlookMonday, August 17, 2009 The latest comments about the world outlook for the Hospitality Industry as presented by ALIS Summer Update As Jeff Higley (Editor-in Chief of Hotel and Motel Management Magazine) said in his “Twitter” page on June 2, the IREFAC (Industry Real Estate Financing Advisory Council) guys are the pulse of the industry. But, as he also noted, “…the IREFAC panel says the only way to get a phone call from your lender these days is to not make a payment. Nicaragua Selected to Host CATHIE in 2009Tuesday, August 26, 2008 It was announced that the Central America Tourism & Hotel Investment Exchange will be held March 24-26, 2009, in Managua, Nicaragua. Hosted by BHN, CATHIE focuses on the hotel and tourism investment opportunities in the rapidly growing Central America region. The Foreign Investment Advisory Service (FIAS) of The World Bank Group is supporting the event, and all seven Central American countries (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) have been invited to become patrons of CATHIE. Last year’s inaugural event in Guatemala City, Guatemala, welcomed nearly 250 hotel and tourism industry leaders eager to network and learn about hotel investment opportunities in Central America. Panama: Two Hydroelectric Projects AwardedThursday, September 30, 2010 With a $290 million investment Electron Investment S.A. (EISA), will build projects Monte Lirio and Pando in Chiriqui. Italian company SELI Tecnologie will be responsible for the construction of the tunnel boring machines, excavation and monitoring. Spanish Consortium Invests $10 Million in PanamaMonday, February 16, 2009 The Spanish group, Rentability & Investment International, will build a housing and tourist project, Ibiza Beach Crown/Condo Hotel, directed to the middle-class on the Pacific coast. Roberto Rollón, president of the group, informed Americaeconomica.com: "The apartments, of one or two bedrooms, will be able to be rented for short periods to maintain them active all year long and, thus, they wil be able to contribute to the payment of the mortgage loan of the owners. "With this, it is intended that all medium-income Panamanians can have an apartment at the beach." Brokerage House Linked to Banco Universal SuspendedThursday, August 6, 2015 The market regulator of Panama has indefinitely suspended the license of the brokerage firm Clever Financial Investment Services, linked to Banco Universal. A resolution by the Superintendency of Securities said that after performing an inspection at the brokerage firm, " it was found that the brokerage firm maintains only three bank accounts, all of them with Banco Universal ", namely own / administrative account, third parties / customers account and a deposit account. " Guatemala: Investment Coordination EntityWednesday, August 12, 2009 The objective is to provide unified direction to the different public and private efforts in trade and investment promotion. The new entity could be named Guatemala Trade and Investment (GTI), and would coordinate the activities of Invest in Guatemala, the national competitiveness program (PRONACOM), and the Commercial Attachés (PACIT), through an executive committee composed by members of the public and private sector. Koreans to Build Port of Monkey PointWednesday, July 7, 2010 Two Korean companies have signed an agreement with the Nicaraguan Ports Authority to design and build the Caribbean port. The memorandum of understanding signed by the South Korean companies Dongmyeong Engineering & Architecture Consultants (DMEC) and Ox Investment states that the project will require investment of $500 million. In April Costa Rica Investment WorldWednesday, February 10, 2010 On April 14 and 15, a hundred foreign investors and 74 companies will participate in the first Costa Rican Costa Rica Investment World. Electronics, services, industrial goods such as metalworking, green technologies and research are some of the sectors that will participate in the event. Results of Guatemalan Investment Summit 2013Wednesday, July 31, 2013 It has been two months since the Investment Summit 2013 was held in Guatemala and two investment projects have materialized totaling $109 million. These are the construction of a hydroelectric plant in Rio Hondo, Zacapa, capable of generating 32 MW and a mushroom production plant in Salcajá, Quetzaltenango. What is more, during the next three years it is expected that another $225 million will be generated in new projects, making a total of $334 million. Pacific Rubiales to Explore Oil in GuatemalaThursday, October 21, 2010 The Colombia - Canadian firm will operate the 7-98 oil contract, which has a potential for 4,000 million barrels. Pacific Rubiales has signed an agreement with Flamingo Energy Investment Ltd, Guatemala Chx Limited and Atlantic Petroleum Company SA, whereby they will get a 55% stake and operation of the oil extraction located in Petén. IHG Signs Agreement for the First Staybridge Suites in Central AmericaThursday, March 3, 2011 InterContinental Hotels Group announced that it has signed an agreement with Shakir Investment Group for a new-build Staybridge Suites hotel, scheduled to open in late 2012 in Panama City, Panama. It will be the first Staybridge Suites property in Central America, and the second in Latin America, complementing a 31-story, 215-guestroom Staybridge Suites in Saõ Paulo, Brazil. Spain Warns Against a Forex Company in PanamaWednesday, March 11, 2009 The Spanish securities regulator warned of an unauthorized investment firm based in Panama. According to the communiqué from the Spanish National Stock Exchange, the company with the commercial name Dextraplus (System World Investment Corp), based in Panama, is offering investment services without meeting the necessary requirements. Confirmation of Award for Prison TenderThursday, November 22, 2012 The Ministry of Government in Guatemala has ratified the award of the tender for $69 million, to the company II & DC, for prison infrastructure. Ratification by the Tender Board of the Ministry of the Interior was given after the company met all the requirements of the process. Tender Announced for 200 MW in GuatemalaFriday, May 31, 2013 In June a new bidding process will begin to award 200 megawatts of electricity in Guatemala. This was announced by the chief of Energy and Mines, Erick Archer during his presentation at the investment forum Investment Summit 2013. |
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