In recent years, El Salvador has experienced a substantial increase in exports to South Korea, rapidly becoming a key trading partner for the Central American nation. It is estimated that from 2017 to August 2024, Salvadoran exports to South Korea grew by an...

Foreign investors are watching closely as Mexico transitions to a new political era, with Claudia Sheinbaum set to assume the presidency. Among them, Chinese companies, eager to establish a foothold in the country, are waiting for the political landscape to stabilize....

Central America is a significant hub for maquila operations, offering labor-intensive industries opportunities to take advantage of competitive wages. However, the labor costs of maquila operations in Central America vary widely across the region, and understanding...

Site selection in Latin America is a strategic exercise that businesses must undertake when expanding operations or establishing a new presence. It involves a comprehensive evaluation of various critical factors beyond simply choosing a location on the map....

Recently, significant meetings were held between Latin American leaders and one of the most influential figures in the tech industry, Elon Musk. Nayib Bukele, President of El Salvador, and Javier Milei, President of Argentina, have met with the entrepreneur to discuss...

To understand Uruguay's economic situation and the significance of the upcoming October referendum on pension funds, it’s essential to consider the broader elements shaping the Uruguayan credit rating and financial stability. Moody’s decision to maintain Uruguay’s...

Peru’s mining sector, one of the main pillars of its economy, is set to receive a significant boost following the announcement by the Minister of Energy and Mines (Minem), Rómulo Mucho. In a recent high-profile event, Mucho revealed that the government has secured an...

The recent judicial reform in Mexico, which allows for the popular election of judges, has raised significant concerns about the country's economic stability and growth prospects. Experts and analysts warn that this unprecedented change could negatively impact the...

Renault has made a significant move by announcing a $350 million investment in its Santa Isabel plant in Córdoba, Argentina. The automaker will fund the production of a new half-ton pickup truck, a model manufactured exclusively at this facility—nowhere else in the...

The maquiladora sector in Honduras has become a vital driver of the country's economic development, attracting a broad range of foreign investment. According to a recent report from the Honduran Association of Maquiladoras (AHM), companies from 34 countries are now...

Peru and Brazil have emerged as two of the most coveted South American countries for foreign investment, attracting attention from China and the United States. Each country offers distinct advantages that appeal to these global powers, from economic profiles and...

El Salvador, a Central American nation known for its stunning landscapes and rich cultural heritage, is making headlines for tourism and its burgeoning economic potential across various sectors. Recent Central Reserve Bank (BCR) reports highlight a remarkable...