Over the past five weeks, Fitch Ratings has conducted ...
Honduran President Juan Orlando Hernández In Stable Condition, Hospitalized With COVID-19
Honduras President Juan Orlando Hernandez is in stable condition after being hospitalized last week with the COVID-19 Coronavirus infection. His wife is also hospitalized.
Copa Airlines Fined $450,000 By US Government For Violating Venezuela Sanctions
The U.S. Department of Transportation fined Copa Airlines $450,000 for unlawfully transporting passengers between the United States and Venezuela via a stopover point. Copa was ordered to cease and desist from future similar violations.
East West Goes North South With Costa Rican Manufacturing Expansion
Atlanta, Georgia based OEM contract manufacturer East West has ...
Costa Rica Invited To Join OECD
The Organization for Economic Cooperation and Development (OECD) has announced that it has extended an invitation to Costa Rica to become the 38th member state of the organization.
Report: Oil Profits For Latin American Operators Will Fall By 2/3 In 2020
During 2020, Latin American oil and gas companies' profitability is expected to decline to one third of 2019 levels, while cash flow is expected to remain under pressure through 2021 as recovery will likely be protracted, according to a new Fitch Ratings report.
Jamaica, Paraguay, Guatemala, Nicaragua Escape Negative Credit Outlook & Remain Stable, Says Fitch
For most speculative-grade sovereigns, limited financing options either constrain fiscal stimulus or heighten liquidity and macroeconomic risks where it is enacted. All are on Negative Outlook except Jamaica (B+), Paraguay (BB+), Guatemala (BB-) and Nicaragua (B-), which all have a Stable Outlook.
Jamaican Outsourcer itelBPO Continues Expansion, Making Canada Its 6th Nationality & Second New Country In 2020
itelBPO Expands Into Canada With New Francophone Telework Capabilities
Barbados Upset About Being Blacklisted By European Union
The Government of Barbados considers the blacklisting of the country by the European Union over its regulatory regime to combat money laundering and terrorist financing to be both unjust and regrettable, says Attorney General and Minister of Legal Affairs, Dale Marshall
Atlas Ocean Voyages Sets Fall 2020 Caribbean & South American Itineraries
Atlas Ocean Voyages today announced that the Luxe-Adventure Expedition Cruise brand is augmenting its inaugural-year offerings with four new Transatlantic, Caribbean and South America itineraries in October and November 2021.
Suriname Presents Covid-19 Financial Relief Package
The government of Suriname has announced an economic stimulus and support package to mitigate the effects of the Coronavirus COVID-19 Pandemic in the South American country.
Guyana Goldfields Rejects Gran Colombia Gold Stock Swap Offer
Guyana Goldfields Inc. (TSX: GUY) has said that its board of directors has unanimously determined to reject the unsolicited proposal announced by Gran Colombia Gold Corp. (TSX: GCM) made last week to acquire the company in a stock swap.
Moody’s Downgrades Belize to Caa1, Cites “Severe Economic Shock”
Moody's has downgraded the sovereign credit rating of Belize to Caa1 and expects the Central American country to defer interest payments on debt.
Guyana Goldfields & Gold X To Be Acquired By Gran Colombia Gold
Toronto, Canada based Gran Colombia Gold Corp. (TSX: GCM; ...
Complementary Gold & SIlver Mining Symposium Online May 12
GOLD & SILVER – MODERNIZATION AND EXPANSION OF GOLD & SILVER PROJECTS IN LATIN AMERICA. MAY 12TH 2020, 10:00 a.m. Lima Time https://bit.ly/2yF1z1N
ICAO: Caribbean, Central American Countries Must Cooperate On Aviation Sector Recovery
The ICAO's Dr. Fang Liu encouraged regional civil aviation authorities to coordinate efforts to protect the commercial aviation industry and enhance economic recovery after the Coronavirus COVID-19 Pandemic.
Copa Airlines Seeks To Resume Flights June 1st
Copa Airlines is seeking approval to restart operations at Panama City's Tocumen International Airport on June 1 after suspending regular flights due to the Coronavirus COVID-19 Pandemic
Vostock Capital Announces Upcoming Free Mining & Petroleum Industry Webinars For Latin America
Stay informed of Vostock Capital’s free webinars by following them on Instagram @vostockcapitallatam
Jürgen Stütz Named To Blue DIamond Resorts As SVP Sales, Marketing & Distribution
Blue Diamond Resorts Names Jürgen Stütz As Senior Vice President, Sales, Marketing & Distribution
Alorica Announces Full Salaries Will Be Paid For Employees Infected With COVID-19 Coronavirus
Alorica has reconfirmed that there will be payment of full salaries for all team members who have tested positive for COVID-19 for the duration of their sick leave.
Statement From Alorica In Response To Finance Americas Articles On Jamaica COVID-19 Infections
It is with great concern and sadness that the management of Alorica acknowledges that members of our Alorica team at our Portmore, St. Catherine facility have tested positive for the SARS-CoV-2 (COVID-19) Virus.
Update: Almost Half of 125 Coronavirus Cases In Jamaica Linked To Alorica
Jamaica now has 125 cases of Coronavirus COVID-19 infections, up from 73 cases just 48 hours ago. There are now 52 cases that the health ministry attributes to an Alorica contact center in the Kingston suburb of Portmore.
31 of 32 New Coronavirus Cases In Jamaica Linked To Alorica Call Center, Government Announces Criminal Investigation
Jamaica's Prime Minister Andrew Holness has asked police & health officials to investigate circumstances regarding the Coronavirus outbreak at Alorica, and to bring any appropriate charges.
PriceSmart Sees Sales Surge Almost 20% In March, Postpones New Jamaica, Colombia, Costa Rica Stores, To Launch Online Shopping & Delivery Option
International warehouse club operator PriceSmart announced that for the month of March 2020 net merchandise sales increased 17.1% to $306.1 million USD in the midst of the Coronavirus COVID-19 Pandemic.
Altia Smart Cities Stays Open, Protects BPO & Contact Center Workers During Pandemic
To support all of their customers, ALTIA directly requested special permission to continue operations from the Honduran government and coordinated with health officials, following their guidelines in a very strict manner.
US Firm Offers N95 Masks Available For Immediate Delivery To Domestic & International Destinations
German Trejo of G&T Consulting, has confirmed, that it has available stocks of genuine 3M and other branded N95 masks, as well as versions by other manufacturers available for rapid delivery
IAOP Launches Impact Sourcing Champions Index
IAOP, the International Association of Outsourcing Professionals today announced the launch of its Impact Sourcing Champions Index, IAOP's inaugural list of companies that have distinguished themselves as trailblazers in impact sourcing.
Copa Airlines Suspends Flight Operations After Panamá Closes Its Borders
As the government of Panamá announced the closing of its airspace to international passenger arrivals beginning Sunday, until April 21, Panamanian regional carrier Copa Airlines (NYSE: CPA) announced that it has been forced to cancel all flights so will temporarily cease operations.
Join Finance America’s Executive Editor For A Free Webinar On Latin American Hydroelectric Power
Loren Moss, Executive Editor, Finance Americas, will present on:“Socio-political factors in the development and renovation of hydroelectric plants”.
Copa Airlines Contemplates Temporary Total Shutdown of Operations
With travel restrictions in place due to the Coronavirus COVID-19 pandemic, Copa Airlines issued a filing indicating that the company will reduce capacity by 80% but may shut down completely.
Work From Home Programs Deserve A New Look In Light Of Coronavirus Pandemic
Smart enterprises have already deployed telework and work-from-home strategies. With the coronavirus pandemic and travel bans, now is the time for less proactive companies to catch up...and fast! Some of the most knowledgeable experts in business share their insights.
Despite Coronavirus Fears, Copa Airlines Traffic Remains Steady For February Compared To Last Year
For the month of February 2020, Copa Holdings' capacity (ASMs) remained flat while system-wide passenger traffic (RPMs) increased 0.4% year over year. As a result, system load factor for the month was 84.0%, 0.4 percentage points higher than February 2019.
Spirit Airlines Adds Flights Between San Pedro Sula, Honduras & Cancún, México to New Orleans, Louisiana
Low-cost carrier Spirit Airlines last week announced new international flights between New Orleans, Louisiana and San Pedro Sula, Honduras.
Peruvian Mining Report Released By Vostock Capital Prior To Mining Peru 2020 Event
The Vostock Capital team of analysts has prepared a report on key investment projects in Peru.
Ibex Rewards 2 Jamaican Contact Center Employees With New Cars
Ibex Digital, a unit of Ibex Global held an event to reward two top performing employees with a car giveaway drawing called “This is How We Roll” last Wednesday, with winners selected randomly from over 850 tickets. The two winners of the cars are Ibex agent Mounirah Alexander and team manager Karissa Chambers-Barker.
Unisys Consolidates Americas Operations, To Sell US Federal Business To SAIC
Unisys Corporation (NYSE: UIS) has announced a consolidation of its Enterprise Solutions United States & Canada (US&C) and Latin America regions into a new Americas region.
Even Without Infections, Fitch Says Coronavirus Threatens Caribbean & LatAm Economies
Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.
Frost & Sullivan Recognizes Almaviva For Latam Contact Center Leadership
Based on its recent analysis of the Latin American contact center outsourcing services market, Frost & Sullivan has recognized Almaviva with the 2020 Latin American Competitive Strategy Innovation and Leadership Award for its emphasis on service improvements.
Arthur J. Gallagher Takes Controlling Stake In Trinidad Insurance Broker Risk Management Services
Arthur J. Gallagher & Co. (NYSE: AJG) has acquired ...
Guyana, Guatemala, Guadeloupe: JetBlue Extends Caribbean/LatAm Connectivity With New Flights
JetBlue (NASDAQ: JBLU) has extended connectivity between its John ...
Everest Group Names TCS Healthcare Payer Digital Services Leader, Star Performer
Tata Consultancy Services (BSE: 532540, NYSE: TCS) has been ...
IAOP Announces 2020 Leadership Hall of Fame Inductees Peter Bendor-Samuel & Suzanne Leopoldi-Nichols
IAOP, the International Association of Outsourcing Professionals last week announced Peter Bendor-Samuel, Founder and CEO, Everest Group, and Suzanne Leopoldi-Nichols, President, Global Business Services, UPS, will be inducted into its Leadership Hall of Fame.
Next 2 Years To See Massive Disruption of Financial Services By AI According To Study
A new survey released by the World Economic Forum ...
ExxonMobil Makes 16th Petroleum Discovery In Guyana’s Waters
ExxonMobil has made its 16th oil discovery offshore Guyana. The new discovery was made northeast of the producing Liza field at the Uaru well, on the Stabroek Block according to Dr. Mark Bynoe, Guyana’s director of the new Department of Energy.
Bogotá Colombia Attracts Record 48 Foreign Direct Investment Projects In 2019
During 2019, Invest in Bogota (IIB), the city of Bogotá's investment promotion agency, supported 48 greenfield Foreign Direct Investment projects, its highest number for a calendar year since its institution in 2006.
ServiceNow Unrolls Back-Office Banking Digital Transformation Solution With Deloitte
ServiceNow expands partnerships with Deloitte and Accenture to address industry–specific digital transformation challenges
Colombia Wins 1,000 Job Shared Services Expansion By Swiss-Based LafargeHolcim
Switzerland based LafargeHolcim Selects Colombia for 1000 seat shared services expansion
Cognizant Wins Customer Service Outsourcing Deal With US Food Wholesaler Sysco
US wholesale food giant Sysco (NYSE:SYY) has entered a deal with Cognizant (NASDAQ: CTSH) to outsource all US customer service operations.
St. Lucia Electrical Utility Seeking Contact Center WFM Vendors
The electric utility in the Caribbean island country of St. Lucia is seeking to acquire and implement a Workforce Management and Advanced Quality Management system to integrate with their IP PBX.
In Its 12th Year, Miami Rum Renaissance Celebrates The Iconic Beverage Of The Caribbean
The producers of Miami Rum Renaissance Festival are inviting ...