Costa Rica: Passive Base Rate Stays at 6.95%
Wednesday, July 2, 2014
For the fourth consecutive week the benchmark rate for loans and investments in the country will be located at least 6.95% until July 9.
The passive base rate, an indicator of the average...
Costa Rica: Passive Base Rate Up to 6.90%
Wednesday, June 4, 2014
The main reference rate for loans and investments has gone up for the second week running, from 6.85% to 6.90%.
The Central Bank of Costa Rica has reported that the...
Costa Rica: Passive Base Rate Rises to 6.85%
Wednesday, May 28, 2014
The reference rate for loans and investments in the country will stand at 6.85% until at least June 4.
The Central Bank of Costa Rica reported that the passive...
Emgoldex: Legal or Illegal?
Monday, May 26, 2014
While in Colombia the activities of the company have already been outlawed, in Panama regulatory gaps have prevented a clear definition about the company from being made.
An article in Prensa.com reports that "... the...
Panama: Warning about Investing in Emgoldex
Tuesday, May 20, 2014
The Superintendency of Banks has warned that the company, which is under intervention in Colombia, is not authorized to take investments from the public directly or indirectly.
Representatives of the company Emgoldex in Panama have...
Franchises Grow 15% a Year In Central America
Friday, May 16, 2014
Costa Rica and Guatemala are leading a market in which 300 brands based on this business model already operate, 125 of which are native to the region.
Of the 300 franchises existing in the region, 125 were...
Intervention in Emgoldex Operations in Colombia
Friday, May 16, 2014
The Superintendency of Companies has pointed to objective and known facts of illegal collection of money from the public by the operations of Emgoldex, which is also currently operating in Panama.
From a statement issued by the Superintendence of...
Chinese auto company Considers Investments in Guatemala
Thursday, May 15, 2014
The Guatemalan government has announced that the bus manufacturer HIGER is studying the feasibility of installing an assembly plant for light vehicles in the country.
The interest of the Asian company was revealed in the...
El Salvador: $54 million for New Propylene Plant
Monday, May 12, 2014
The Peruvian company Oben Holding Group has announced it will be building a production plant to make propylene films in San Juan Opico, La Libertad.
From a statement issued by the Agency for the Promotion...