January 18, 2022 IDB Invest has granted financing to Banco Mundo Mujer S.A. (BMM) denominated in Colombian pesos, equivalent to up to $30 million. The three-year transaction will increase access…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
El Salvador Central Bank to headline cryptocurrency discussions in DC
January 14, 2022 International, national, and local government leaders, financial experts, and technology innovators will meet at the National Press Club in Washington, DC to discuss blockchain, cryptocurrency and the Future of Money, Governance,…
Six Diamond Resorts International Sues Blue Sea Holdings, LLC d/b/a Red Frog Beach Resort
January 14, 2022 Six Diamond Resorts International and several of its principals filed suit in state court in Utah against defendants Blue Sea Holdings, LLC, Oceans Group International S.A. d/b/a Red Frog Beach Resort,…
Costa Rica breaks its record for goods exports through November this year with $13.316bn
January 11, 2022 Accumulative goods exports in Costa Rica through November this year (2021) totaled $13.316 billion, 25% more than the same period in 2020. The figure is a new goods-export record for…
CariCRIS upgrades the credit ratings of the Belize Bank Limited by 2 notches
December 17, 2021 Caribbean Information and Credit Rating Services Limited (CariCRIS) has upgraded the Issuer/ Corporate Credit ratings assigned to the Belize Bank Limited (BBL or the Bank) to CariBB…
Belize exports receives a boost as 11th EDF SPS Measures Project upgrades Animal Health Legislation
December 17, 2021 On 6th December at the Ministry of Agriculture, Food Security and Enterprise, Belmopan, Belize, stakeholders came together to launch the strengthening Agricultural Health and Food Safety (AHFS)…
IDB Invest Supports Panama’s SMEs with Banco Aliado
December 17, 2021 IDB Invest has provided financing of up to $50 million to Banco Aliado S.A. The deal, with a term of up to 10 years, will support small…
El Salvador to Modernize Statistical System with IDB Support
December 17, 2021 El Salvador will modernize its statistical system and increase the use of statistical information in public and private decision-making with support from a $44 million loan approved by…
US VP Harris Announces Private Investments in Central America
December 14, 2021 Vice President Kamala Harris on Monday announced $1.2 billion in commitments from international businesses to support the economies and social infrastructure of Central American nations, as she…
Policymakers are missing the potential of the multi-billion dollar Seaplant industry in Caribbean.
By: Staff Writer December 7, 2021 An entrepreneur said that there is an opportunity to diversify from tourism into the multi-billion dollar mariculture but policymakers need to take advantage of…
Belizean-based turmeric producer Naledo signs European distribution deal
December 7, 2021 Fresh turmeric paste from Belize will soon be available on shop shelves in Europe after Caribbean company Naledo signed a deal with Swiss-based distributor Sparkling Revolutions SA.…
Successful New Bladex Bond Issue In The Mexican Capital Markets
November 30, 2021 Banco Latinoamericano de Comercio Exterior, S.A. (“Bladex” or the “Bank”), announces its sixth issuance of “Certificados Bursátiles” (“Cebures”) for the amount of MXN 3 billion (three billion…