Daily Update

New properties put to tender again in Colon Free Zone in Panama

estrelladepanama.com, January 6

With the failure of the first bidding carried out last December, the Colon Free Zone is preparing for a second tender.

Guatemala: Overdue loan portfolio increases to 86%

sigloxxi.com, January 6

As of November 2008 overdue loans in the banking system rose to $264 million, 85% more than in December 2007 when it was at $142 million.

Costa Rica: Delinquency rate grows for bank credits

Banks in El Salvador under pressure from bad debts

Fined for monopolistic practices in Panama

Prensa.com, January 6

16 advertising companies were fined 1,021,000 dollars for using monopolistic practices.

Costarican antitrust law make progress

Minimum Wages Law to be challenged in Honduras

proceso.hn, January 6

The Private Sector Council of Honduras is recommending to its members that they challenge the executive decree increasing the minimum wage in the Supreme Court.

60% increase in minimum wages in Honduras

Honduran businessmen reject minimum wage increase proposal

Digital signature in Costa Rica faces uphill struggle

elfinancierocr.com, January 6

The implementation process for digital signatures still has a long path of activities and processes to complete.

Costa Rica: Use of digital signature starts in March 2009

Costa Rica - China FTA moves ahead

terra.com, January 6

This week the program for informing business owners and other private organizations about the future of the FTA begins as a part of the preliminary stage before starting the negotiations.

China and Costa Rica to begin FTA negotiations

Chile helps Costa Rica with China FTA

More News

13.9% inflation in Costa Rica at the end of 2008

Complicated new year in Nicaragua

Record tourist arrivals in Panama

Coffee prices fall

El Salvador: Port concession to be approved during second quarter

Guatemalan bank reserves increased

Costa Rican coffee exports increase 10.8%

Less jobs in Costa Rican commercial sector

Fuel prices stable in El Salvador

International News

TOPWRAP 1-Japan eyes bank injections to counter crisis (at Reuters)

Nikkei up 2 pct, poised for 7-day winning streak (at Reuters)

MONEY MARKETS-India swaps curve steeper, Indonesia yields fall (at Reuters)

Asia stocks at 2-month high (Reuters)

Bank of America sells $2.8 billion CCB stake (Reuters)

Reliance to stop gasoline sales to Iran - report (at Reuters)

Nikkei gains 2 pct as tech shares surge on US hopes (at Reuters)

Nikkei up 2 pct to 2-mth high; techs, exporters gain (at Reuters)

Nikkei climbs 2.5 pct, exporters and techs gain (at Reuters)

EU faces deepening energy crunch over Russian gas (at Reuters)

INFRAESTRUCTURE & CONSTRUCTION

Panama continues to have vigorous construction growth

pa-digital.com.pa, January 6

The sector is one of the main pillar of the country's economic surge, and signs show that,...

ECONOMICS

Honduran economy faces difficulties in 2009

ipsnews.net, January 6

The country has not managed to sign a letter of intent with the IMF, and economic growth will...

INTERNATIONAL COMMERCE

Costa Rican companies and CAFTA

elfinancierocr.com, January 5

Costa Rica exporters still have a lot of work to do in order to benefit from the FTA, despite...

GOVERNMENT

Public Management in Panama

Presidencia de Panamá, January 5

President Torrijos of Panama pointed to the strengthening of the country as one of the main...

ECONOMICS

El Salvador as seen by the IMF

IMF, January 2

Like in other Central American countries, economic growth is expected to decelerate, on the back...

ECONOMICS

Employment at call centers will multiply by 4.6 in four years

pa-digital.com.pa, December 29

By 2012 it is expected that 12 thousand Central Americans will work in the call center industry,...

MANAGEMENT

To raise or lower sails

elpais.com.uy, December 26

Business tips to get through the crisis and even take advantage of the opportunities that arise...

Economy

CR GT HN NI PA SV
Consumer Prices
16.30%
12.94%
12.84%
20.38%
8.83%
6.73%
Econ. Activity
233.4
130.5
272.6
180.6
194.5
196.2
Exchange Rate
558.4
7.786
18.90
19.86
n/a
n/a

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Commodities

(Jan 7)
Brent Crude Oil
50.760
Coffee "C"
115.45
Rough Rice
1,500
Gold
858.60
Silver
11.42
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Stock Indexes

(Jan 6)
Dow Jones
0.69%
S&P 500
0.78%
Nasdaq
1.50%
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