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.
A drill-down on location research for your next Caribbean or Latin American business site
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 ...
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.
Critical Factors to Consider Before Selecting a Nearshore Location, Part 4: Service Specialization
“When you’re not India ... then you have to really start prioritizing,” says Johan Gott of AT Kearney. “You really need to think about, ‘How is the niche that we are playing in better than anyone else’s?’”
Critical Factors to Consider Before Selecting a Nearshore Location, Part 3: Talent Pool
A nearshore location’s talent pool is second category analyzed in ...
Critical Factors to Consider Before Selecting a Nearshore Location, Part 2: Business and Political Climate
A country's tax code, regulations, and overall bureaucratic hurdles tend to be the top-line items that decision-makers look at.
Meet the Trinidad and Tobago IFC team at the Outsource to the Caribbean Conference
Meet the Trinidad and Tobago IFC team at the ...
7 Critical Factors to Consider Before Selecting a Location in the Booming Nearshore Market
The benefits of outsourcing to the nearshore have convinced many companies that it’s better to look south than to the east.
Site Selection Specialist John Hall Praises Trinidad and Tobago’s Finance and Accounting Outsourcing Potential
Trinidad and Tobago's talent is the key factor that can help it advance from “where you are today to where you would like be as a country," said Hall.
Trinidad and Tobago Moves Up Two Spots in A.T. Kearney’s Global Services Location Index
TTIFC says this improvement "solidifies T&T's rising international status as a competitive and ideal location for finance and accounting BPO."
Finance and Accounting Outsourcing: Industry Webinar on October 11 Explores FAO Journey
This webinar will offer practical tips and real-world guidance on building third-party FAO relationships or migrating to shared services models.
iQor Opens 600-Seat Contact Center in Trinidad and Tobago, Its Second Location in the Country
iQor COO Gary Praznik: ”The new facility affirms iQor’s commitment to Trinidad and Tobago as the ideal outsourcing option for the United States domestic market."
University of the West Indies and Trinidad and Tobago IFC Partner to Provide Professional Training
Trinidad and Tobago IFC sees the signing of this MoU as a major part of its strategy to prepare the workforce and generate high-value employment.
Trinidad and Tobago International Financial Centre Introduces Training Program to Expand Financial Sector Talent Pool
"This is a very important step for the Trinidad and Tobago IFC and the participants in the program,” said Shane Kissoon of ACCA Caribbean.
Trinidad and Tobago’s Strengths Align with Nearshore Needs
Why anyone considering a nearshore location should find out more about Trinidad and Tobago.