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.
A drill-down on location research for your next Caribbean or Latin American business site
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.
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
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.
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.
Guest Insight – Guyana: The New Wealthy Neighbor?
Diplomat Sergio Escobar says Guyana has a very promising future despite the many obstacles that it will have to overcome.
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
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
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
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.
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.
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.
Guyana, Guatemala, Guadeloupe: JetBlue Extends Caribbean/LatAm Connectivity With New Flights
JetBlue (NASDAQ: JBLU) has extended connectivity between its John ...
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.
Colombia Wins 1,000 Job Shared Services Expansion By Swiss-Based LafargeHolcim
Switzerland based LafargeHolcim Selects Colombia for 1000 seat shared services expansion
St. Lucia Lands ItelBPO For New 300 Seat Contact Center
ItelBPO Selects St. Lucia to open 300 seat contact center facility to open in April, 2020.
US DFC Head Receives Honduran Presidential Delegation To Discuss Economic Growth
U.S. International Development Finance Corporation (DFC) Chief Executive Officer ...
US Commits $1 Billion USD To Guatemala Private Sector Development
Adam Boehler, Chief Executive Officer of U.S. International Development ...
LatAm Countries Not Well Positioned To Withstand Next Recession Says Fitch Ratings
Growth in public debt burdens and fiscal deficits in ...
Considering doing business in Latin America or the Caribbean?
Leverage the expertise & on-the-ground experience of Loren Moss ...
Belize Launches National Investment Strategy Project
The Government of Belize through the ministry responsible for ...
BP Strikes Gas 50 Miles Off Trinidad Coast
BP Trinidad & Tobago (BPTT) today announced that it ...
Medtronic Announces $50 Million USD Post-Hurricane Expansion In Puerto Rico
Medical device manufacturer Medtronic (NYSE:MDT) last week announced a ...
Cartagena Is Worth A Closer Look For Industry & Tourism, IPA Gives 6 Reasons Why
According to investment promotion agency (IPA) Invest in Cartagena, ...
US Government Deploys Elite Disaster Response Team To The Bahamas To Provide Aid In Response To Hurricane Dorian
The U.S. Agency for International Development (USAID) has deployed ...
Bahamas: Officials Continue to Asses Hurricane Dorian Damage, Remind Travelers that Most Islands Remain Open For Business
Bahamian officials continue to assess the damage in The ...
Jamaica Bureau of Standards Sponsors Efforts To Support Exporters
The sponsorship, worth J$6 million, will support the program ...
Moody’s Investors Service Issues Periodic Review, Maintains Trinidad & Tobago’s Government at Ba1
Moody’s Investors Service reviews all of its ratings periodically ...
With New Bogotá Store, PriceSmart Continues Expansion Into The Caribbean, Central America, & Colombia
PriceSmart, Inc. (NASDAQ: PSMT) today announced that on August 21, 2019, ...
Copa Airlines Adds Flights Between Paramaribo, Suriname and Panamá
Panamá based Copa Airlines, a subsidiary of Copa Holdings, ...
Report: Caribbean Countries Leveraging Advanced Technologies To Deliver Health Care and Education
Information and Communication Technologies (ICTs) are a major tool ...
Moody’s affirms Trinidad & Tobago’s Ba1 ratings; maintains stable outlook
Moody’s Investors Service has this past week affirmed the ...
Trinidad & Tobago’s Economy On Track To Outpace World Bank Forecast: Oxford Business Group
On April 19 the World Bank revised its forecast ...
Unido Digital Launches Global Physical Due Diligence Service For Institutional Investors
Global professional services firm Unido Digital has launched a ...
Hilton Expands In The Caribbean With Its First Tapestry Collection Hotel
Hilton (NYSE: HLT) today announced the signing of ROK ...
Outsourcing World Summit Offers Value for TTIFC, BPO & Shared Services Colleagues
The International Association of Outsourcing Professionals largest annual event, ...
John O’Brien of Visis: Caribbeans Can Qualify For Special Australian Investor Visa
The Caribbean is a region with many citizens holding ...
Interview: TSTT Is Building More Data Centers to Meet Rising Demand in Trinidad and Tobago
"In terms of customer data and financial records — because of the laws that exist around the world — everybody wants to keep their data local," says Paul Mayne of TSTT.
Interview: Eduardo Almeida of Unisys Breaks Down the Company’s Caribbean Outlook
"The Caribbean represents a huge opportunity for a company like Unisys," says Almeida. "We've been seeing a lot of investments from the public sector."
Critical Factors to Consider Before Selecting a Nearshore Location, Part 9: Putting It All Together
“Latin America has a lot to offer and can serve quite a variety of different needs from different price points,” says Sebastian Menutti of Frost & Sullivan.
Critical Factors to Consider Before Selecting a Nearshore Location, Part 8: Governmental Agencies and Support
“There’s a marketing arms race,” says Johan Gott of AT Kearney. “Who can get their message out?”
Critical Factors to Consider Before Selecting a Nearshore Location, Part 7: Connectivity and Infrastructure
“You can probably get the bandwidth you need anywhere almost. It’s just a question of how much it’s going to cost.”
Exclusive Video Interview: Peter Ryan Discusses Caribbean BPO with FinanceTnT
During the recent CAIPA event that took place in ...
Critical Factors to Consider Before Selecting a Nearshore Location, Part 6: Natural Disaster Risk
Much of the nearshore is plagued with severe natural disaster risk aside from the largely spared areas of Trinidad and Tobago, Argentina, and Brazil.
CAIPA’s Outsource to the Caribbean Event Considered a Success, but Must Be Built Upon
The Caribbean Association of Investment Promotion Agencies (CAIPA) held ...
Critical Factors to Consider Before Selecting a Nearshore Location, Part 5: English Proficiency
"We’re talking about U.S. companies,” says Sebastian Menutti of Frost & Sullivan. “So high proficiency in English is a requirement.”
50 Graduate from T&T IFC Global Business Services and Soft Skills Program
In November, a class of 50 students graduated from the business process outsourcing (BPO) training program of the Trinidad and Tobago International Financial Centre.