Tourism Infrastructure: $372 Million in InvestmentsMonday, January 11, 2021 In Panama, there are plans to develop in Bocas del Toro, Chiriqui, Archipelago de las Perlas and Punta Chame, five lodging projects that seek to benefit from the Law on Incentives for Tourist Investments. Law 122 of December 31, 2019, which dictates incentive rules for the promotion of tourist activities in the interior of the Republic, attracted projects for the country, for a total value of $371,843,971 in new tourist investments, to be built in areas with great tourist potential, informed the Presidency of Panama. How to 'Woo' to an Investor?Wednesday, February 15, 2012 Sell the idea, be energetic, have a good team and stay focused on the project; these are some of the qualities that must be developed in order to convince an investor. The website IProfesional.com lists the 10 qualities that you need to develop in order to "catch" an investor and bring them into your project, according to the Spanish consulting firm Mola. Reducing the Fiscal Deficit: A Great ChallengeTuesday, December 1, 2020 After the multi-sector dialogue in Costa Rica was concluded, the main risk qualifiers agree that because the agreements signed to reduce the deficit are not enough, the government should execute its fiscal policies in a timely manner. Although Costa Rica's fiscal situation was already precarious before the health and economic crisis that led to the covid-19 outbreak began, the scenario started to worsen since March of this year.
MARKET STUDY
Housing: How is the Central American Market behaving?Friday, November 27, 2020 Between July and October 2020, the number of people in Panama looking for rental homes grew 56%, while in Guatemala, the number of people exploring options for renting a home fell 37%. CentralAmericaData's interactive platform, Consumer Insights, monitors in real time changes in consumer habits in all markets in the region and in other Latin American countries, with key data to understand their behavior, new trends and anticipate eventual changes in their purchasing patterns. President Funes Urges Employers to Invest El SalvadorMonday, May 9, 2011 The President, Mauricio Funes, asked Salvadoran businessmen to join in the country’s process of recovery and growth. "I ask our businesses to accompany this process, to invest and trust in the ability of Salvadoran society to succeed, " President Funes said today during his speech at a Memorial Day service (Día del Soldado in Spanish). R.G. Hotels in Panama: A Failed InvestmentThursday, December 3, 2015 The retroactivity to July 2012 of the bankruptcy decreed in October 2015 has opened up a complicated process that does not just affect those who invested directly in the project. Security holders of the two issues by the company, who bought apartments as investments, owners of the residential complex who do not share ownership of common grounds such as the pool, and buyers of hundreds of vacation packages that can not be used, are aggrieved by the failure of a tourism and residential project of huge proportions in the Panamanian Pacific. Costa Rica: Protection of Minority Shareholders ApprovedFriday, August 5, 2016 Once the new law comes into effect minority investors will have access to information on transactions that represent at least 10% of a company's assets. A statement issued by the Ministry of Economy, Trade and Industry explains that "...The initiative proposes specific reforms to Articles 26, 189 and adding Article 32 to the Code of Commerce, as well as amending Article 426 of the Civil Procedure Code. Panama to Host Investor ForumMonday, March 1, 2010 The first International Investment Forum in Panama will be hosted on March 24, under the slogan “Panama: It’s Happening Now!”. Various topics related to investment opportunities will be discussed in it, including agriculture, investment grade, tourism perspectives, logistics, technology, and Panama as a regional centre. The Struggle for Foreign Investment in 2021Friday, October 2, 2020 Because of the economic crisis, Foreign Direct Investment flows have practically vanished, and in order to attract the few investments that are projected for next year, countries are expected to compete by offering incentives and aid programs for businesses. The covid-19 outbreak dissipated the investment intentions of companies globally. Social Resistance to ConcessionsThursday, October 18, 2012 In order to succeed with investment projects involving public works concessions, it is essential to gain the confidence of affected communities. Companies that invest in the country, not only have to worry about their commitment to environmental responsibility, compliance with environmental laws and restrictions, but they also have to establish a close rapport with communities, listen to their needs and commit to negotiating proposals which promote economic development. Nicaragua Hosts Investment FairWednesday, May 12, 2010 The Second International Investment, Industry and Trade fair will take place between August 26 and 28. It is organized by the Nicaraguan Commerce Chamber (Caconic), who expects the participation of 100 businessmen from the U.S., Mexico, Central America and Asia. Panama: Trump Interested in Old QuartersWednesday, March 30, 2011 The Trump Corporation announced its interest in developing a project “even if it's small”, in the old quarters of Panama City (“Casco Antiguo” in Spanish). The corporation owns the $430 million Trump Ocean Club, its first development in Latin America, and wants it to become a symbol for Panama and Central America. Spanish Companies to Increase Investment in PanamaMonday, November 15, 2010 They are interested in increasing investment in sectors such as energy, tourism and infrastructure. President Ricardo Martinelli received the Minister of Industry, Trade and Tourism of Spain, Miguel Sebastian. The Cost of Political InstabilityThursday, November 26, 2020 More than two years ago, Convía won the contest to rehabilitate and operate the Escuintla-Puerto Quetzal highway in Guatemala. However, the Congress of the Republic, which is in chaos due to a new political crisis, has not yet defined whether to approve the PPP or not. After a bidding process, the concession was granted in July 2018 through a public bidding process to the Consorcio Autopistas de Guatemala (Convía), a business group that passed the proposals of Mota-Engil Latin America and Anas International Enterprise. Multinational Companies Law EndorsedThursday, August 6, 2020 Deputies of the Panamanian Assembly approved in third debate the bill creating the Special Regime for the Establishment and Operation of Multinational Companies for the Provision of Services related to Manufacturing. The services of these multinationals will be able to be developed in different provinces of the country and will work in product manufacturing, equipment machinery, product packaging services, machinery and equipment, the Assembly informed. |
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