February 8, 2022 Strengthening trade, innovative financing, advancing agriculture and building economic and climate resilience will be among the issues on the agenda when Dr Gene Leon, President of the…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
El Salvador: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for El Salvador
February 1, 2022 The pandemic interrupted ten years of growth, but El Salvador is rebounding quickly. Robust external demand, resilient remittances, and a sound management of the pandemic—with the help…
IDB Invest, Mibanco to Support Colombia’s Women-Led Microenterprises with Gender Bond
January 28, 2022 • This is the first social gender bond publicly issued by a financial entity in Colombia with IDB Invest taking on the role of anchor investor. IDB…
Nexgen Packaging Expands Global Production with Investments in Mexico and Guatemala
January 28, 2022 Nexgen Packaging, an industry leading supplier of packaging for the retail, apparel, and footwear industry, today announced strategic investments in their production capabilities in Latin America. Nexgen has…
IMF Executive Board Concludes 2021 Article IV Consultation with El Salvador
January 25, 2022 The Executive Board of the International Monetary Fund (IMF) on January 24, concluded the Article IV consultation [1] with El Salvador. The pandemic interrupted ten years of growth, but…
IDB Invest, Banco Mundo Mujer Promote Credit for Women Microentrepreneurs in Colombia
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…
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…