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: Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Salvadoran Borders Still ClosedTuesday, November 29, 2011 For the second day various borders remain closed to cargo coming into the country. Finance Ministry officials are on strike in protest against the headquarters of the entity, demanding compliance with employment benefits. Company Profile Organization that operates in Guatemala.
Funes and Lobo the Best RatedThursday, March 25, 2010 CID/Gallup published their presidential approval survey for March 2010, which includes the presidents of Central America and the Dominican Republic. Mauricio Funes, president of El Salvador, is still enjoys the highest approval. Company Profile Organization that operates in Panama.
Telecommuting Regulations in PanamaMonday, October 14, 2019 In the third debate, the National Assembly approved the bill establishing the rights and responsibilities of employers and workers who use telecommuting in the country. In Panama, the modality of work will be subject to the discretion of the parties and although the teleworker can carry out his work from their residence, it does not prevent that at a certain moment the company can request the presence in the office or work center, established in article 1 of the approved law. Cargo transporters in Guatemala Announce StrikeTuesday, October 25, 2016 A strike has been announced for October 27 and 28 unless the government meets demands regarding new rules restricting movement of cargo vehicles in the capital. The Union of Heavy Transporters has threatened to extend the planned strike until next week if the municipality does not meet their demands regarding new schedules for circulation of heavy transport vehicles in Guatemala City. Changes to Road Maintenance TendersFriday, October 17, 2014 In Costa Rica changes have been made to the specifications of tenders for road maintenance works, which now include an option for small businesses to bid for works that do not require specialized equipment. Until October 31st draft documents will be available for public consultation so that interested companies can send comments and suggestions to the Road Safety Council. Strike Suspended at Customs Posts in El SalvadorTuesday, July 3, 2012 The Ministry of Finance’s customs and administrative services have been re-established and imports and exports are being processed normally. The strike held last week has generated millions in losses not only for the country’s trade but throughout the region. Panama Curundú Project is 25% CompleteThursday, January 6, 2011 Works at the $94 million Curundú project are at 25%. The Minister of Housing and Land, Carlos Duboy, said that by mid-month 160 homes are scheduled to be completed, which will add to the existing 160. Nicaragua Invites Bids for Supervising Infrastructure WorksTuesday, June 15, 2010 The Road Maintenance Fund invited bids for supervising road and highway works. The contractor must supervise road repairs and maintenance works in 455.55km of road infrastructure, split in several stretches, which vary in length and duration, from one to three months. HP to Reduce Operations in Costa RicaWednesday, February 13, 2013 Part of one of the business units of Hewlett-Packard in Costa Rica will move to India, and attempts are being made to relocate the 400 workers who are occupationally affected. Alluding to a restructuring of a business unit dedicated to customer service calls in English, Maria Luisa Gonzalez, human resources manager of HP confirmed to Nacion.com that "The company ... will move part of its 20 business units to other nations, mainly India ". Guatemala: New Strike Threat by CarriersFriday, January 6, 2017 Heavy truck drivers who provide transportation services have announced that they will stop work on Tuesday, January 17, to express their opposition to the alleged irregular payment of fines. Prensalibre.com reports that "...Rony Mendoza, director of the Union of Drivers of Heavy Transporters, said the strike will be supported by rural, teaching and indigenous organizations, therefore they expect the participation of about 35 thousand people. However, at least two of these unions refused to give their support." |
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