Central America

Stock image of Guatemalan flag to accompany article on foreign investment in Guatemala

Why did foreign investment in Guatemala spike in 2021?

In 2021, foreign direct investment (FDI) into Guatemala hit record levels, after the country saw the lowest levels of FDI in a decade the previous year. But what made foreign investment in Guatemala spike so radically in 2021? Guatemala is Central America’s largest economy by gross domestic product (GDP), as well as one of the …

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stock image of a gavel to accompany regulatory update for january 2022

Regulatory update: 6 LatAm offices report changes in March 2022

The legal and accounting teams at Biz Latin Hub’s offices in Bolivia, Chile, Colombia, Costa Rica, El Salvador and Uruguay reported the following regulatory updates in March 2022 that could affect your business interests. At Biz Latin Hub our multilingual teams of corporate support specialists based throughout Latin America and the Caribbean offer tailored packages …

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A stock image of a Bitcoin to accompany article on Bitcoin in Honduras

‘No legalization of Bitcoin in Honduras’: central bank

The Central Bank of Honduras (BCH) has issued a press release to clarify that the cryptocurrency Bitcoin will not be made legal tender in the country, after a flurry of recent reports had suggested such a move was imminent. Instead of pursuing the legalization of Bitcoin in Honduras, the BCH said it is working on …

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Stock image of Panama City for article on payroll outsourcing in Panama

Streamline your ops with payroll outsourcing in Panama

If you are doing business in Panama or planning to launch in this prosperous Central American market, you may find that outsourcing your payroll is a good option for streamlining your operations. Because when you choose payroll outsourcing in Panama, you hand over a heavy administrative task as well as the compliance issues related to …

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A stock image of cattle in Latin America to accompany article on costa rica cattle industry sustainable ranching practices

Costa Rica cattle industry ‘now carbon positive’

The Costa Rica cattle industry is reportedly now carbon positive, nine years after launching a plan to promote sustainable ranching practices through the planting of trees on livestock farms. The project initially started on 140 ranches in 2013 and expects to count over 1,700 farms among its participants by the end of April. At the …

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