Eight Benefits of Dollarization in Ecuador
Ecuador’s dollarization system recently celebrated its anniversary. Twenty-three years ago, this past January, Ecuador adopted the US dollar as its official currency after the worst financial crisis the country had ever experienced.
Doing Business in Costa Rica: A Procomer Overview
Today we have Andrew Crawford with us. Andrew is the Trade Commissioner in Houston for Costa Rica. He represents an organization that is called Procomer. I’ll let him introduce himself, explain what his organization does, and expand on the subject of doing business in Costa Rica.
Call centers in Honduras are concentrated in San Pedro Sula
There are forty-seven call centers in Honduras. These operations currently generate more than seventeen thousand jobs in total. Seventy percent of this activity occurs in the Altia Smart City, a development established and managed by the GK in San Pedro Sula.
Foreign direct investment in Querétaro gains momentum
Foreign direct investment in Querétaro has become one of the most attractive options in the country for international manufacturers. Its strategic location, rule of law, quality of life, and stable labor environment are the main characteristics that distinguish it from its competitors.
The future of the fintech sector in Panama
Technological advances have allowed the optimization of finances. As a result, Panama knows a new, faster, and more efficient way to manage the banking services of its users. Progress is being made in the fintech sector in Panama.
Economic prospects for Guatemala for the remainder of 2023
In the economic sphere, the International Monetary Fund (IMF) forecasts that the economic prospects for Guatemala will have a GDP growth rate of 3.2% in 2023. This figure 1.8% less than optimal for an appropriate growth rate for a developing nation.
The BPO industry in Colombia contributes 2.8 percent of the national GDP
Business process outsourcing is now one of the main drivers of the Colombian economy. Today it contributes 2.8 percent to the national GDP. The BPO industry in Colombia currently employs more than 655,000 people.
New window to facilitate investments in El Salvador reduces government red tape
The Minister of Economy, María Luisa Hayem, noted that the Ministry of Economy has succeeded in reducing the investment paperwork process from 31 to 10 procedures on this platform. In addition, the new digital window is available to investors 24 hours a day and can be accessed anywhere in the world.
Medical Device manufacturing in Costa Rica can move to the next level
Precision and Medical Equipment is the leading export sector in the country. In 2021 it comprised 36% of the country’s exports, equivalent to 5.2 billion dollars. According to the Costa Rican Coalition of Development Initiatives (CINDE) data, this figure is correct.
What are the main Chilean exports?
Because of sound economic policy choices that have been made over the last several decades, Chile has managed to consolidate a stable macroeconomic climate and a favorable environment for business. This has positioned the country as one of the most attractive nations in the region for the export of goods and services. As a result, Chilean exports are sold globally.
The Brazilian automotive industry: its history and evolution
The Brazilian auto industry has a long history in the country. The first automakers arrived in the country in the 20th century. Before that, the first motorized vehicle arrived in Brazil in 1891 in the port of Santos (SP). The Peugeot Type 3 model was the first car to move on the roads of Brazil.
The main industries in Argentina
Argentina’s national industry is essential for the growth of the country and is one of the most important in South America. It is characterized by the transformation of raw materials into finished products for direct consumption or intermediate products to be later applied in other industries.











