Manufacturing telecommuting in Costa Rica gets a boost from Covid-19
The application of teleworking as a mode of employment among non-production workers in Costa Rican factories was one of the issues analyzed in a recently written report entitled “Survey of Economic Perspectives and Valuation of Competitiveness Factors of the Industrial Manufacturing Sector, 2021.” The country’s Chamber of Industries prepared this document on manufacturing telecommuting in Costa Rica.
The medical device manufacturing industry in Costa Rica: A conversation
The Central American Group: Hello. Welcome to another episode of Central American group podcasts. In these sessions, we speak with experts that address topics having to do with Central America that are of interest to visitors to the Central American Group’s website. Today we have Alfredo Escalon with us. He is the CEO of Fisherman Wealth Management, which is a firm in in San Salvador, El Salvador.
Industrial production in El Salvador recovered by 49.8% as of May 2021
The design and manufacture of semiconductors is one of the most complex engineering processes that highly skilled workers perform. They are fundamental pieces in cell phones, computers, automobiles, medical devices, and aerospace components. Hundreds of millions of transistors are packed in areas of a few square millimeters. However, due to a bilingual educated, and trained workforce, the future for advanced manufacturing in Costa Rica is a bright one.
Exports and remittances drive recovery of the economy of El Salvador
The design and manufacture of semiconductors is one of the most complex engineering processes that highly skilled workers perform. They are fundamental pieces in cell phones, computers, automobiles, medical devices, and aerospace components. Hundreds of millions of transistors are packed in areas of a few square millimeters. However, due to a bilingual educated, and trained workforce, the future for advanced manufacturing in Costa Rica is a bright one.
Advanced manufacturing in Costa Rica presents opportunities for investors
The design and manufacture of semiconductors is one of the most complex engineering processes that highly skilled workers perform. They are fundamental pieces in cell phones, computers, automobiles, medical devices, and aerospace components. Hundreds of millions of transistors are packed in areas of a few square millimeters. However, due to a bilingual educated, and trained workforce, the future for advanced manufacturing in Costa Rica is a bright one.
Bitcoin in El Salvador
The Central American Group: Hello. Welcome to another episode of Central American group podcasts. In these sessions, we speak with experts that address topics having to do with Central America that are of interest to visitors to the Central American Group’s website. Today we have Alfredo Escalon with us. He is the CEO of Fisherman Wealth Management, which is a firm in in San Salvador, El Salvador.
The Electronic Commerce Market in Central America reached $ USD 3.7 billion during 2020
The sales that were generated through transactions in electronic commerce in Central American reached US $3.7 billion last year. This is a figure that represents an increase of 40% in relation to the calendar year 2019. The website América Retail based this information on data provided by the Statista eCommerce 2020: Trends and Outlook
President Nayib Bukele is promoting Bitcoin use in El Salvador
The president of El Salvador, Nayib Bukele, recently revealed that his country would build a “satellite infrastructure” for the use of Bitcoin in El Salvador in rural areas with connection problems.
“A satellite infrastructure will be built so that Salvadorans in rural areas can connect to the internet and the Bitcoin network in places where connectivity is poor,” the president posted on his Twitter.
Free Zones of the Americas
Hello, welcome to another installment of the Central American group’s podcast series in which experts discuss topics related to doing business in Costa Rica, El Salvador and the rest of the region. We have conversations with very knowledgeable people that are both internal and external to the organization. Today we have wonderful young lady joining us. She’s from the Association of Free Zones of the Americas. She’s the director, and her name is Camilla Moreno. How are you today, Camilla?
The Costa Rican Space Agency has been created
On February 8, 2021, the Congress of the country passed a law that created the Costa Rican Space Agency (ACS) to promote space as a development tool for the nation’s industry and economy.
There initiallly was a fear that Congress would veto the measure for budgetary reasons. Costa Rican President Carlos Alvarado acted to ease lawmakers” concerns.
Congratulations to the Youngone Corporation
The Central American Group client company, the Seoul, South Korea-based Youngone Corporation has been recently named one of El Salvador’s top 10 exporters. This announcement was made by Camtex, El Salvador’s Textile Industry Chamber of Commerce. Other companies that were honored include internationally recognized multi-national firms such as Hanes Brands Inc. and Fruit of the Loom.
Invest in El Salvador: A conversation with the Minister of the Economy
The impact of the Covid-19 pandemic on nations’ economies has, thus far, been unprecedented in scope. We have witnessed that throughout Latin America entrepreneurs continue to do their best to survive by modifying their business models and by changing their value propositions. However, these isolated efforts require a strategy focused on the promotion and growth of advanced industry in Latin America.
