Fitch expects the pandemic to affect overall revenues and leverage, but electric corporates generally have sufficient leverage and liquidity to absorb shocks.
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.
Over the past five weeks, Fitch Ratings has conducted a review of its International ratings in Latin America with respect the impact of the coronavirus and is recapping the results of that review. The review resulted in negative rating outcomes ...
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 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.
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.
Jamaican Outsourcer itelBPO Continues Expansion, Making Canada Its 6th Nationality & Second New Country In 2020
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
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.
Diplomat Sergio Escobar says Guyana has a very promising future despite the many obstacles that it will have to overcome.
Praveen Sengar offers his reflections on what made the difference during the last seven months, particularly testing his firm ETEK to the extreme in the last few weeks.
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
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.
31 of 32 New Coronavirus Cases In Jamaica Linked To Alorica Call Center, Government Announces Criminal Investigation
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.
PriceSmart Sees Sales Surge Almost 20% In March, Postpones New Jamaica, Colombia, Costa Rica Stores, To Launch Online Shopping & Delivery Option
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.
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
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.
Smart enterprises have already deployed telework and work-from-home strategies. With the coronavirus pandemic and travel bans, now is the time for less proactive companies to catch up...and fast! Some of the most knowledgeable experts in business share their insights.
Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.