By: Staff Writer September 14, 2021 Since El Salvador made bitcoin legal tender over two weeks ago other Central American countries have joined the cryptocurrency craze despite El Salvador working…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
IMF Executive Board Completes the Fourth Review under the IMF’s Stand-By Arrangement and Arrangement Under the Stand-By Credit Facility for Honduras
September 14, 2021 The Executive Board of the International Monetary Fund (IMF) completed today the fourth review under the SBA and SCF for Honduras. The completion of the review enables…
El Salvador holds 400 bitcoin, price jumps
September 7, 2021 El Salvador holds 400 bitcoins, President Nayib Bukele said on Monday, one day before the country formally adopts it as legal tender alongside the U.S. dollar. Bitcoin…
MPC Energy Solutions selects EPC contractor for the construction of new 21 MW solar power plants in El Salvador
September 7, 2021 MPC Energy Solutions (MPCES) has selected ISOTRON SA, part of Spanish Grupo ISASTUR, as EPC contractor for the construction of its Santa Rosa & Villa Sol solar…
Volaris announces the obtention of the authorizations to operate through its subsidiary Vuela El Salvador, S.A. de C.V., as a national air carrier from El Salvador
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,…
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…