May 4, 2021 Guatemala’s economic outlook is positive. Robust remittances, pandemic-resilient specialization, and unprecedented policy support limited the economic contraction in 2020, while the outlook benefits from positive spillovers from…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
Bladex acts as Joint Lead Arranger in a US$300m, Senior, Secured, Term Loan Facility for Investment Energy Resources Ltd.
May 4, 2021 Banco Latinoamericano de Comercio Exterior, S.A. (“Bladex” or the “Bank”) today announced the successful closing of a US$300m 7-year senior secured term loan (the “Facility” or the…
Chuck E. Cheese International Expansion Continues With New Store in El Salvador
April 20, 2021 Chuck E. Cheese Opens First Ever Location in El Salvador as Part of Larger International Franchise Expansion Plan Chuck E. Cheese, the number one family entertainment venue,…
CINDE: What Fuels Medical Devices Leadership in Costa Rica?
April 20, 2021 Medical devices have become a leading product in Costa Rica, to the point that today they represent the country’s top export product. Twenty years ago, there were…
IDB helps Guatemalan agricultural exporters!
April 16, 2021 IDB Invest, a member of the IDB Group, signed an alliance with the Guatemalan Exporters Association, Agexport, to provide comprehensive advisory for the structuring of investments to…
Diplomático Rum to Help Limit Food Waste in Markets Across the Country Thru New “Project Leftover” Sustainability Program
April 13, 2021 Diplomático Rum, a leader in the super-premium rum category, announced a pilot program focused on improving sustainability within the restaurant and bar industries while helping address the…
Televisa included in the 2021 Bloomberg Gender-Equality Index
April 9, 2021 Grupo Televisa, S.A.B. (“Televisa” or the “Company”) announced today that, for third consecutive year, it has been selected as one of only five Mexican companies to be…
IDB Invest Mobilizes Financing to Expand Investments in Panama Logistics Infrastructure
April 6, 2021 IDB Invest, a member of the IDB Group, is mobilizing financing worth $80 million for the Ecuadorian company Corporación Favorita C.A., the largest self-service store chain in…
IMF Executive Board Concludes 2021 Article IV Consultation with Colombia
March 26, 2021 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Colombia on March 19, 2021. Colombia has been hit hard by…
Guatemala will implement digital transformation and broadband access with IDB support
By: The Inter-American Development Bank March 12, 2021 Guatemala will advance towards digital transformation and citizens’ access to fixed and mobile broadband connectivity with help from the Inter-American Development Bank…
Costa Rica’s President: “No Growth and Poverty Reduction Without Economic Stability”
By: The International Monetary Fund March 2, 2021 Known for its lush tropical forests, universal health care system, and punching far above its weight in global environmental activism, Costa Rica…
IMF Executive Board Approves a 36-month US$ 1.778bn Extended Arrangement under the Extended Fund Facility for Costa Rica and Concludes 2021 Article IV Consultation
By: The International Monetary Fund March 2, 2021 The IMF Executive Board approved today a 36-month US$1.778 billion arrangement under the Extended Fund Facility (EFF) to help support Costa Rica’s…