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World's airport leaders gathering in Panama Aug. 31-Sept. 1

by Latin Business Daily Reports | Monday, Aug 24, 2015 @ 9:24am

Airports Council International members to discuss charting a course for future growth. Read More »

El Salvador advances in tourism competitiveness

by Latin Business Daily Reports | Monday, Aug 24, 2015 @ 9:11am
El Salvador advances in tourism competitiveness.

El Salvador has rapidly climbed positions in the world ranking of tourism competitiveness compiled by the World Economic Forum, which analyzes the vacation industry from 141 countries around the world. Read More »

Weak oil prices send Colombian stocks spiraling

by Renzo Pipoli | Monday, Aug 24, 2015 @ 9:08am

Stocks seeing six-year low as region's economy hurt by slower economic growth and falling oil prices. Read More »

Starbucks and Baristas Del Caribe form licensing agreement in Puerto Rico

by Latin Business Daily Reports | Monday, Aug 24, 2015 @ 8:48am
Starbucks and Baristas Del Caribe form licensing agreement in Puerto Rico.

Baristas Del Caribe announced that it has acquired exclusive rights to operate Starbucks stores in Puerto Rico through a strategic licensing agreement; the company will leverage its strong local market knowledge to further grow the Starbucks retail business in Puerto Rico. Read More »

Puerto Rico Medical Tourism Corp. certifies first two program hotels

by Latin Business Daily Reports | Sunday, Aug 23, 2015 @ 5:59pm

Puerto Rico Medical Tourism Corp. and the Medical Tourism Association have announced that the Caribe Hilton and the Condado Plaza Hilton are the first hotel providers on the island to be certified after completing the training and inspection process. Read More »

Fitch assigns stable outlook to Bancolombia Puerto Rico

by Latin Business Daily Reports | Sunday, Aug 23, 2015 @ 5:53pm

Fitch Ratings has assigned Issuer Default Ratings to Bancolombia Puerto Rico Internacional. The rating outlook is stable, and BPR's IDRs and national ratings reflect the potential support it would receive from its main shareholder, Bancolombia, if needed. Read More »

NXT Energy to conduct Stress Field Detection survey in Bolivia

by Latin Business Daily Reports | Sunday, Aug 23, 2015 @ 10:59am

NXT Energy Solutions Inc. has released an update about the previously announced Stress Field Detection survey project it will be conducting in Bolivia with Yacimientos Petroliferos Fiscales Bolivianos (YPFB), the national oil company of Bolivia. Read More »

Brazilian exports to Arab countries increase in 2015

by Latin Business Daily Reports | Sunday, Aug 23, 2015 @ 10:55am

Statistics from Brazil’s Ministry of Development, Industry and Foreign Trade indicate thriving trade relations between Arab countries and Brazil. The South American country exported $5.79 billion worth of products to the region during the first half of 2015. Read More »

Ecopetrol authorizes creation of Colombian subsidiary

by Latin Business Daily Reports | Sunday, Aug 23, 2015 @ 10:38am

The board of directors of Ecopetrol has authorized the creation of a Colombian company. The creation of the new subsidiary seeks to develop offshore activities in Colombia, which the company currently carries out as operator and non-operator. Read More »

GuiaBolso raises $7 million to extend its leadership in Brazil’s personal finance market

by Latin Business Daily Reports | Sunday, Aug 23, 2015 @ 10:29am

GuiaBolso announced a third round of investment totaling $7 million from a prominent group of venture capital funds and angel investors. Ribbit Capital, a venture capital firm focused in backing financial technology startups, led the round. Read More »

Norway's Opera Software buys Brazilian mobile app service Bemobi

by Renzo Pipoli | Friday, Aug 21, 2015 @ 11:37am

Deal is Opera's second acquisition of Latin American tech company. Read More »

Changes declared for bank cheques in Panama

by Latin Business Daily Reports | Friday, Aug 21, 2015 @ 10:57am
Changes declared for bank cheques in Panama.

The Superintendency of Banks Organization has declared there will be changes for cheques issued by banks in Panama. Read More »

Latin America, Caribbean to attract more tourists in coming years

by Renzo Pipoli | Friday, Aug 21, 2015 @ 10:03am

Travel to Latin America is expected to grow faster in coming years, in part as Mexico will see a greater number of U.S. visitors along with an economic recovery, but other destinations have also improved their offer and travel to the Caribbean will surge, a recent report showed. Read More »

Franklin Mining accepts delivery of equipment in Bolivia

by Latin Business Daily Reports | Friday, Aug 21, 2015 @ 9:57am

Seven pieces of mining equipment and 10 Gold Cube Technology units will be used in Tipauni area Read More »

Latin America sees strong activity in private equity and venture capital

by Renzo Pipoli | Friday, Aug 21, 2015 @ 9:54am

The number of transactions in which private equity and venture capital firms invested in Latin America expanded 31 percent from the previous year in 2014 and activity this year is expected to continue strong, specifically in the energy industry. Read More »

Spain wine producers seek bigger penetration of largest South American market

by Renzo Pipoli | Friday, Aug 21, 2015 @ 9:46am

Wine producers in Spain, a country that competes with France and Italy for the place of biggest world producer, want to increase the market share that they have in Brazil, the biggest imported wine market in South America and representing $300 million in annual revenue. Read More »

AlertDriving announces new partner in Argentina

by Latin Business Daily Reports | Thursday, Aug 20, 2015 @ 7:51pm

AlertDriving, a leader in driver risk management, today announced a new channel partnership that will bring its solutions to more fleets in Argentina. AlertDriving’s new partner, Jorge Elvira y Asociados (JEA), is a consultancy firm created in 2012. Read More »

SC Johnson ranked among best workplaces in Brazil

by Latin Business Daily Reports | Thursday, Aug 20, 2015 @ 7:10pm

SC Johnson has been recognized in Brazil as a 2015 Best Workplace by the Great Place to Work Institute. The company ranked 14th on the Great Place to Work list in Brazil, up from 17th in 2013. It was ranked No. 3 for companies of up to 1,000 employees. Read More »

Fitch reports Colombian corporates remain resilient

by Latin Business Daily Reports | Thursday, Aug 20, 2015 @ 4:46pm

The credit quality of Colombian corporates remains resilient despite a slowdown in the economy, according to Fitch Ratings. Heavy weighting of the portfolio to the utilities sector has made the ratings more resilient to economic challenges. Read More »

Grupo Éxito shareholders approve acquisitions in Brazil, Argentina

by Latin Business Daily Reports | Thursday, Aug 20, 2015 @ 3:53pm
Grupo Éxito shareholders approve acquisitions in Brazil, Argentina.

Grupo Éxito’s Extraordinary Shareholders Meeting, held on Tuesday, has approved the acquisition of 50 percent of the voting rights in Grupo Pão de Açúcar, which is Brazil's leading retailer, and 100 percent of Libertad in Argentina. Read More »

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