These trends were also seen in fintech employment in these economies. Fintechs in countries with more lockdown restrictions reported an average of 10% increase in full-time employees, while fintechs in economies with fewer lockdown restrictions actually saw their full-time staff decrease by 19%.
More than 65% of DFC’s capital approved this quarter will be deployed to low and lower-middle income countries, and fragile states. Many of the investments approved this quarter advance DFC’s 2X Women’s Initiative, Portfolio for Impact and Innovation (PI2), Health and Prosperity Initiative, and Connect Africa initiative as well as the Administration’s Prosper Africa and América Crece initiatives.
Once open, these would be PriceSmart's second location in Jamaica, and its 5th location in Guatemala.
GIP CAPS II has closed on aggregate Limited Partner commitments of $1.4 billion and GIP Spectrum has closed on aggregate Limited Partner commitments of $1.4 billion. The funds' diversified investor base includes public and private pension plans, sovereign wealth funds, insurance companies, financial institutions, asset managers, endowments and high net worth individuals located across North America, Europe, Asia and the Middle East.
Grammy-nominated Singer, Songwriter and Actress Ashley Támar to Deliver At Last… Atlas on behalf of Atlas Ocean Voyages in order to welcome travelers back to cruising.
PayPal's Sri Shivananda: "In LatAm, PayPal continues to grow our partnerships with marketplaces like MercadoLibre, who recently added PayPal as a checkout option in Brazil and Mexico."
Get the free report about Current Status of the Lithium Industry in Latin America 2020 prepared as a prologue to the 2nd Online Business Congress and 1-2-1 meetings “Lithium Latin America” (24-26 November), during which key industrial lithium producing enterprises, regulatory authorities, technology and equipment suppliers, and investors across Latin America, the US, Canada and Europe will discuss the issues of greatest impact for the development of the industry.
The U.S. 2020 general elections have passed, but election season is not over! If you vote in a state or jurisdiction with runoff elections for federal and local offices, the U.S. Embassy can assist with the return of your voting materials.
Fitch expects the pandemic to affect overall revenues and leverage, but electric corporates generally have sufficient leverage and liquidity to absorb shocks.
YellowPepper will facilitate an easier integration to Visa Direct, Visa’s real-time push payments platform, Visa B2B Connect, Visa’s non-card-based payment cross-border B2B network, and value-added services.
PriceSmart, Inc. (NASDAQ: PSMT) announced that for the month ...
Property & Casualty insurer Chubb has announced the launch ...
The U.S. general elections are under three weeks away! The U.S. Embassy is not a polling location where you can vote on Election Day, so send in your ballot as soon as possible!
The Online Business Congress and 1-2-1 meetings "Hydropower Latin America 2020" is an international, professional platform, bringing together over 250 C-level executives of hydropower plants, LatAm Ministries of Energy, hydropower companies, investors, EPCs, equipment and service providers from all over Latin America.
CX Outsourcer IBEX Limited today announced the pricing of its initial public offering of 4,761,905 common shares at a price of $19.00 per share.
Copa has now scheduled the restart of its regular commercial flights for September 4th, 2020.
Biz Latin Hub conducted a survey asking for participants’ perceptions of doing business in Latin America. Notably, several Central American countries received mention from respondents as key opportunities for business development and growth in the region.
PriceSmart, Inc. (NASDAQ: PSMT) announced that for June 2020 net merchandise sales decreased 1.5% to $249.2 million USD from $253.1 million in June a year earlier in its warehouse clubs in The Caribbean & Latin America.
Caribbean mortality projection: 8,231 Central America mortality projection(ex-México): 22,546
The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.
Spirit was found guilty of undercompensating passengers, forcing them to sign untruthful documents, and denying their rights after overbooking flights.
Over the past five weeks, Fitch Ratings has conducted ...
Honduras President Juan Orlando Hernandez is in stable condition after being hospitalized last week with the COVID-19 Coronavirus infection. His wife is also hospitalized.
The U.S. Department of Transportation fined Copa Airlines $450,000 for unlawfully transporting passengers between the United States and Venezuela via a stopover point. Copa was ordered to cease and desist from future similar violations.
Atlanta, Georgia based OEM contract manufacturer East West has ...
The Organization for Economic Cooperation and Development (OECD) has announced that it has extended an invitation to Costa Rica to become the 38th member state of the organization.
During 2020, Latin American oil and gas companies' profitability is expected to decline to one third of 2019 levels, while cash flow is expected to remain under pressure through 2021 as recovery will likely be protracted, according to a new Fitch Ratings report.
For most speculative-grade sovereigns, limited financing options either constrain fiscal stimulus or heighten liquidity and macroeconomic risks where it is enacted. All are on Negative Outlook except Jamaica (B+), Paraguay (BB+), Guatemala (BB-) and Nicaragua (B-), which all have a Stable Outlook.
itelBPO Expands Into Canada With New Francophone Telework Capabilities
The Government of Barbados considers the blacklisting of the country by the European Union over its regulatory regime to combat money laundering and terrorist financing to be both unjust and regrettable, says Attorney General and Minister of Legal Affairs, Dale Marshall
Atlas Ocean Voyages today announced that the Luxe-Adventure Expedition Cruise brand is augmenting its inaugural-year offerings with four new Transatlantic, Caribbean and South America itineraries in October and November 2021.
The government of Suriname has announced an economic stimulus and support package to mitigate the effects of the Coronavirus COVID-19 Pandemic in the South American country.
Guyana Goldfields Inc. (TSX: GUY) has said that its board of directors has unanimously determined to reject the unsolicited proposal announced by Gran Colombia Gold Corp. (TSX: GCM) made last week to acquire the company in a stock swap.
Moody's has downgraded the sovereign credit rating of Belize to Caa1 and expects the Central American country to defer interest payments on debt.
Toronto, Canada based Gran Colombia Gold Corp. (TSX: GCM; ...
GOLD & SILVER – MODERNIZATION AND EXPANSION OF GOLD & SILVER PROJECTS IN LATIN AMERICA. MAY 12TH 2020, 10:00 a.m. Lima Time https://bit.ly/2yF1z1N
The ICAO's Dr. Fang Liu encouraged regional civil aviation authorities to coordinate efforts to protect the commercial aviation industry and enhance economic recovery after the Coronavirus COVID-19 Pandemic.
Copa Airlines is seeking approval to restart operations at Panama City's Tocumen International Airport on June 1 after suspending regular flights due to the Coronavirus COVID-19 Pandemic
Stay informed of Vostock Capital’s free webinars by following them on Instagram @vostockcapitallatam
Blue Diamond Resorts Names Jürgen Stütz As Senior Vice President, Sales, Marketing & Distribution
Alorica has reconfirmed that there will be payment of full salaries for all team members who have tested positive for COVID-19 for the duration of their sick leave.
It is with great concern and sadness that the management of Alorica acknowledges that members of our Alorica team at our Portmore, St. Catherine facility have tested positive for the SARS-CoV-2 (COVID-19) Virus.
Jamaica now has 125 cases of Coronavirus COVID-19 infections, up from 73 cases just 48 hours ago. There are now 52 cases that the health ministry attributes to an Alorica contact center in the Kingston suburb of Portmore.
Jamaica's Prime Minister Andrew Holness has asked police & health officials to investigate circumstances regarding the Coronavirus outbreak at Alorica, and to bring any appropriate charges.
International warehouse club operator PriceSmart announced that for the month of March 2020 net merchandise sales increased 17.1% to $306.1 million USD in the midst of the Coronavirus COVID-19 Pandemic.
To support all of their customers, ALTIA directly requested special permission to continue operations from the Honduran government and coordinated with health officials, following their guidelines in a very strict manner.
German Trejo of G&T Consulting, has confirmed, that it has available stocks of genuine 3M and other branded N95 masks, as well as versions by other manufacturers available for rapid delivery
IAOP, the International Association of Outsourcing Professionals today announced the launch of its Impact Sourcing Champions Index, IAOP's inaugural list of companies that have distinguished themselves as trailblazers in impact sourcing.
As the government of Panamá announced the closing of its airspace to international passenger arrivals beginning Sunday, until April 21, Panamanian regional carrier Copa Airlines (NYSE: CPA) announced that it has been forced to cancel all flights so will temporarily cease operations.
Loren Moss, Executive Editor, Finance Americas, will present on:“Socio-political factors in the development and renovation of hydroelectric plants”.
