September 7, 2021 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or the “Company”) (NYSE: VLRS and BMV: VOLAR), an ultra-low-cost airline serving Mexico, the United States of America,…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
Recovery and Reactivation in Panama
September 3, 2021 As a hub for innovative financial services and logistics, Panama can help lead Latin America and the Caribbean’s post-pandemic rebound. President Claver-Carone made his first official visit to…
‘A Gift from the Gods’ – The story behind the Belize Chocolate Company
August 31, 2021 Belize has a rich chocolate history dating back thousands of years to the Mayans who are believed to have invented the confectionary. These original chocolatiers would dry, grind,…
Menzies expands footprint with acquisition in Central America and contract momentum in Oceania
August 24, 2021 John Menzies plc (“Menzies”), the global aviation services business, is pleased to announce further expansion in Central America with the acquisition of Interexpresso and additional contract wins…
Central American Exports Regain Dynamism
August 24, 2021 Central American sales exceeded US$10.2 billion, as of March 2021, this in line with the recovery of the global trade in goods, says SIECA. Total exports from…
Belize will support financial sustainability of MSMEs in the face of COVID-19 crisis
August 10, 2021 The Inter-American Development Bank (IDB) approved a US$15 million operation to support the sustainability of the micro, small and medium enterprises (MSMEs) in Belize. The project will…
Thunes adds Costa Rica to its Network, expands Latin American coverage
August 6, 2021 Thunes a leader in global cross-border payments, and Teledolar, a major fintech player in Central America, today announced a partnership that makes payments simple, fast, more transparent…
IDB Backs $41M programme to help farmers, boost Food Security in Panama
August 6, 2021 The Inter-American Development Bank (IDB) approved a $41 million programme to improve food security and help farmers in Panama. The initiative aims to help farmers increase profitability…
FIRST REVIEW UNDER THE ARRANGEMENT UNDER THE PRECAUTIONARY AND LIQUIDITY LINE—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR PANAMA
August 3, 2021 In the context of the First Review Under the Arrangement Under the Precautionary and Liquidity Line, the following documents have been released and are included in this…
IMF Executive Board Completes the First Review Under the Precautionary and Liquidity Line Arrangement for Panama
July 30, 2021 The IMF Executive Board completed the first review under the two-year Precautionary and Liquidity Line (PLL) arrangement for Panama which was approved on January 19, 2021 in…
IDB Invest, Neoen Improve the Stability & Security of El Salvador’s Power Grid
July 27, 2021 This project will support the largest battery group in Central America. IDB Invest, a member of the IDB Group, has granted two long-term loans to the Capella…
According To CEPAL, Honduras Is Among The Two Countries In The Region With The Best Expectations For Economic Growth
July 20, 2021 The Economic Commission for Latin America and the Caribbean (ECLAC) updated its economic growth projections for 2021. Forecasts for Central America highlight that Honduras and El Salvador…