Business
Taiwan Pledges to Donate US$300,000 In Relief Supplies to Guatemala
Estimated reading time: 2 minutes
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...
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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...
The Drop in Panama Canal Traffic Due to A Severe Drought Could Cost Up To $700 Million
A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world’s most important trade routes.
The new...
