October 1, 2021 The IDB Group announced the four winners of the Superheroes of Development 2021 Initiative’s fourth edition, which recognizes creative and innovative solutions during the execution of IDB…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
AES Announces Acquisition of 49.9% Stake in AES Colón
September 17, 2021 The AES Corporation (NYSE: AES) today announced the acquisition of a 49.9% stake in AES Colón from Inversiones Bahia, Ltd., increasing its ownership to 100% of AES Colón. AES…
Honduras IMF Staff Report
September 17, 2021 In the context of the Fourth Reviews Under the Stand-by Arrangement and the Arrangement Under the Standby Credit Facility, Requests for Augmentation of Access, Extension and Rephasing…
KaJ Labs, a Seattle Startup, Pledges to Gift 6,000 Bitcoin ($270M) to El Salvador & Other Nations Adopting Bitcoin as Legal Tender, LITHO Utility Token Launch
September 17, 2021 El Salvador is the first country in the world to adopt bitcoin as legal tender. Now Joel Kasr, founder of KaJ Labs and Lithosphere, has pledged to gift 6,000…
OKY Announces Strategic Alliance With Suzuki Guatemala
September 17, 2021 Suzuki joins more than 100 brands already providing products and services to OKY users in the United States and throughout Latin America OKY, a cross-border e-commerce fintech…
Central America cryptocurrency crazy – But Why?
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…
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,…