Ride-Share App Indrive Launches Loan, Credit Card Offering for Drivers in Mexico
Ride-share application inDrive has partnered with financial technology firm R2 to extend loans to its drivers in Mexico, the company said on Tuesday, in a bid to provide financial...
Taiwan Pledges to Donate US$300,000 In Relief Supplies to Guatemala
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Taiwan's government on Saturday pledged to donate US$300,000 in relief supplies to Guatemala in the wake of the devastation caused by a wildfire on...
Latin America’s Private Sector Is Failing the Region, Economist Mazzucato Warns
Latin America has a “massive private sector problem” with companies that profit from an excessively cozy relationship with the government but fail to invest enough, a leading international economist...
Mexico Nationalizes Salt Producer ESSA, Buys Mitsubishi’s Stake
Mexico’s government has nationalized Exportadora de Sal SA after buying 49% of the salt producer from Mitsubishi Corp. for 1.5 billion pesos ($87.6 million).
The Guerrero Negro-based salt producer also...
Costa Rican Economy Expected to Be the Second Fastest Growing in Central America in 2024
Costa Rica is expected to have the second-highest economic growth in the region, according to an analysis by Strategy Negocios magazine published earlier this month.
The study projects the GDP...
Cuba’s Top Cigar Maker Smokes Sales Record on Booming High-End Demand
Cuba's top cigar maker Habanos said on Monday its sales had soared to a record $721 million in 2023, a benchmark the company's executives attributed to booming demand for...
