Intel to Invest $25 Million in Costa Rican Facility

During 2010, the multinational corporation will invest in new machinery to assemble and test microprocessors.

Tuesday, February 9, 2010

By the end of 2010, the company will have invested a total $700 million in its 13 years operating in the country.

Karla Blanco, Intel's Corporate Relations director, told "... this year we will update the technology used to assemble 32 nanometer chips and to begin producing 22 nanometer ones".

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Collective Buying is Here to Stay

April 2012

Offers made via digital media include discounts of up to 90% for a limited time period with a minimum number of buyers being stipulated in order for the sale to be confirmed.

Ten companies have been offering these services in Panama since 2008, moving about $10 million annually.

Costa Rica: $ 1,450 Million in FDI for 2010

January 2011

The figure is higher than the $ 1,350 million in 2009, but is still below the $ 2,072 million in 2008.

According to preliminary data by the sector, up until September 2010, 55% of the investment was made at the free zone, 25% in regular companies, 11% in real estate, 6% in the financial sector and 3% in tourism infrastructure.

Panama invests in information technology

August 2008

Information Technology (IT) investments in Panama are one of the highest in Latin America, reaching $275 million in 2007.

The information technology industry generated 12 thousand jobs last year in Panama, and is estimated to produce another 4 thousand new jobs in the next four years, according to a report from the International Data Corporation (IDC) prepared by Microsoft Panama.

Former Salvadoran President Announces Investments in Nicaragua

January 2011

Elias Antonio Saca announced his interest in expanding his media business in Nicaragua.

Without giving information on size of investment, he told a local TV station, "Our companies will begin a phase of investment in Nicaragua."

"Saca, who participated last night in a meeting between the government of Daniel Ortega with representatives of the Superior Council of Private Enterprise (COSEP) of Nicaragua, said it will invest in this country on radio, 'which is basically what our family businesses do', "according to ACAN-EFE.

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