Failure to comply with US corporate governance standards will cost Latin American companies heavily. And Mexico’s TV Azteca is first on the hit list.
Category: Regions
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All That Glitters
Copper company Codelco posted a banner year in 2004, largely on exports to Asia. CFO Francisco Tomic shares his optimism over what’s ahead in 2005.
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At the Forefront
Oil wealth is often considered a curse, but Trinidad & Tobago – behind
the foresight of its leaders – has built the Caribbean’s most dynamic
economy on a large and well-managed oil and gas industry.
Posted inMagazine
Rating Game
Although Panama is tantalizingly close to attaining investment-grade status, an upgrade may elude the country for some time yet.
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Tomorrow’s Canal
For 91 years, the Panama Canal has virtually defined the country. Now a debate is underway over a $10 billion plan to widen the waterway so it can take bigger ships.
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Travel Tips
Taxi! Taxis are plentiful and inexpensive in Panama City. Transfers between Tocumen International Airport and Panama City, a distance of 16 miles, run about $25 for up to two passengers. […]
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The Sol Also Rises
In a year that saw several successful Latin American euro-denominated sovereign bonds, Peru’s ?650 million 10-year note stands out as a winner. It helped that investors attending the annual meetings […]
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Economic Exiles
A fifth of Mexico’s population now lives abroad. For some smaller Latin American countries, the percentage is even higher. This exodus has grown steadily for years, and the expansion of […]
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Betting on Beauty
Panama wants to double its tourism industry revenues in five years. Better organization will be needed to make that plan attainable.
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Colombia Securitizes Mortgages
Securitization – repackaging mortgages into tradable securities – became popular in Colombia long before it started to catch on in other Latin American countries. Now Colombia has taken another important step forward […]