Coffee: Sell Before the Price Drops FurtherMonday, June 18, 2012 Some producers and dealers are offering coffee left over from the last harvest, anticipating lower prices in the short term. A report by Volcafé report shows that farmers in Guatemala and Costa Rica are interested in selling the remaining stock from the 2011-2012 harvest, before prices, which have dropped 33% so far this year, continue to fall. Copa Announces New Flight to ChicagoTuesday, June 14, 2011 As of December 15, 2011, Copa Airlines will operate a new nonstop service between Chicago and Panama. Chicago will then become the sixth Copa Airlines destination in the United States. The airline announced the new service at a press conference held in New York to celebrate the fifth anniversary of its listing on the New York Stock Exchange and to announce its expansion plans. 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: Eurodivisas to open offices in GuatemalaMonday, November 10, 2008 Financial company Global Exchange's Eurodivisas anticipates expansion into new markets such as Guatemala, Colombia, Chile or Brazil. Group President, Isidro Alanis, told us that in the short term the company expects to open offices at airports in Acapulco, Zihuatanejo and Monterrey, Mexico. 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. B2Gold purchases 100% of two Nicaraguan operationsTuesday, April 10, 2012 The Canadian mining company buys 40% of shares from joint venture partner Radius Inc. for $20,08 million, and takes total control of Trebol and El Pavon gold mining sites in Nicaragua. B2Gold Corp. and Radius Gold Inc. announced on April 9 the signing of a binding letter agreement pursuant to which B2Gold has agreed, among other things, to acquire a 100% interest in the Trebol and El Pavon gold properties in Nicaragua in consideration of C$20 million, payable in common shares of B2Gold at a price per share equal to the volume weighted average price of B2Gold’s common shares on the Toronto Stock Exchange (“TSX”) for the ten trading days immediately preceding the date of the letter agreement. 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. New Call Center Opens in Costa RicaFriday, August 7, 2009 ACE Global, a customer service company, will inaugurate its facilities in "Zona Franca Metro", on August 11. The company provides outsourcing services. 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. Diamond Distributor Sets Up Shop in PanamaTuesday, October 27, 2009 The company 'Panama Diamond Exchange' expects to start operations next year, investing $300 million. It will be Latin America's first diamond distributor, and will employ several hundred people in its offices in the "Costa del Este" area in the Capital City, informed Roberto Henríquez, Commerce Minister. Irregularities Denounced in Tocumen ContractsMonday, December 10, 2012 Spain’s Global Exchange complained before the Airport Council of Latin America and the Caribbean of irregularities in the award of currency exchange services. In a letter presented to the president of the ACI-LAC, Philippe Baril, Global Exchange remarks the long process for the award of the concession for currency exchange services at Tocumen International Airport. Tender: Software for $8 millionThursday, September 20, 2018 The Bank of Costa Rica is putting out to tender IBM software licenses and their update rights. Costa Rica Government Purchase 2018LN-000011-0015700001: Neurovascular Devices Facility in Costa RicaWednesday, March 6, 2013 MicroVention, Inc., a subsidiary of Terumo Corporation, opened a manufacturing plant for platinum coils and stents for neurovascular treatments. A statement from the Costa Rican Coalition for Development Initiatives (CINDE) reads: The Jute Coffee Sack Will Enjoy a Long LifeThursday, November 7, 2013 Specialty coffee buyers still prefer the traditional bags for the grain. "The jute sack (...) has been reaffirmed as the preference of buyers facing new global trade rules, in addition to the contracts on the Intercontinental Exchange (ICE)", reported Elperiodico.com.gt. Diamond Exchange set up in PanamaTuesday, October 21, 2008 Panama will host the first diamond exchange in Latin America which will be installed on October 24. Authorized by the World Federation of Diamond Bourses, The Panama Diamond Exchange (PDE) will become the business framework for jewelers in the region and will develop a regulated system for trading diamonds, precious stones and other jewels. |
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