Business & Commerce

“Pez Vela” Marina Inaugurated in Costa Rica

Nacion.com, March 11

“Pez Vela” (Sailfish), a marina located on the country’s central Pacific area, will begin operations in April.

Alico to Strengthen Presence in Panama

Prensa.com, March 11

The Panamanian branch assures that the sale of Alico to Metlife they enables them to offer more services in the country.

New Insurance Products in Costa Rica

INS Not Able to Develop Alliance with Foreign Insurance Companies

Copa’s Occupancy Rate 83.1% in February

Prensa.com, March 11

Occupancy rose 5.6% percentage points when compared to the same period of 2009.

Iberia to Fly Madrid – Panama 4 Times a Week

Copa Airlines Traffic Up 16%

La Quinta Hotels To Invest $25 Million in Panama

laestrella.com.pa, March 11

The hospitality franchise will build 13 hotels in the next 7 years, for a total 500 rooms.

New "Camino Real" Hotel in Guatemala

Riu Hotels to Open New Hotel in Panama

Guatemala to Put Electric Lines Out To Tender

prensalibre.com, March 11

The Electric Energy Commission could launch a bidding process to build and install secondary transmission lines.

Guatemala: PET Energy Grid to Save $109 Million Each Year

Guatemalan Power Grid Expansion to Start in March

Costa Rica: Wal-Mart Drugstores with Strong Presence

elfinancierocr.com, March 11

In little over a year, the supermarket chain has opened 23 drugstores in its stores.

New WalMart Stores in Costa Rica

Wal-Mart Invests $7.38 million in Guatemala

Guatemalan Free Zones Press for Law

sigloxxi.com, March 11

The Free Zone Association is putting pressure on Congress to pass the bill that will regulate the sector’s activities.

Guatemalan Free Zones Forbidden From Selling In Country

Guatemala Discusses Changes to Free Zones

Taca Invests $15 Million in Flight Simulator

elsalvador.com, March 11

The airline inaugurated its flight simulator in the International Airport of El Salvador, at Aeroman’s facilities.

Avianca and Taca are now “AVIANCA-TACA Limited”

Taca Inaugurates Direct Flight to Cancun

Sieca to Launch Customs IT Systems

Capitales.com, March 11

In the first half of the year, the Central American Economic Integration Secretary (Sieca) will launch two IT systems for customs offices.

80% of the transit of merchandise in the region expedited

CAUCA comes into effect on August 25

Mint Factory Opens in Costa Rica

Nacion.com, March 10

“Mint of Costa Rica” was inaugurated today, after a $4 million investment.

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