PriceSmart, Inc. (NASDAQ: PSMT) announced that for June 2020 net merchandise sales decreased 1.5% to $249.2 million USD from $253.1 million in June a year earlier in its warehouse clubs in The Caribbean & Latin America.

The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.

Over the past five weeks, Fitch Ratings has conducted ...

 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.  

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.

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.

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

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.

Moody's has downgraded the sovereign credit rating of Belize to Caa1 and expects the Central American country to defer interest payments on debt.

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

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

Blue Diamond Resorts Names Jürgen Stütz As Senior Vice President, Sales, Marketing & Distribution

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.

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.

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.

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.

Loren Moss, Executive Editor, Finance Americas, will present on:“Socio-political factors in the development and renovation of hydroelectric plants”.

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.

Low-cost carrier Spirit Airlines last week announced new international flights between New Orleans, Louisiana and San Pedro Sula, Honduras.

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.

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.

 Arthur J. Gallagher & Co. (NYSE: AJG) has acquired ...

Tata Consultancy Services (BSE: 532540, NYSE: TCS) has been ...

A new survey released by the World Economic Forum ...

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.