There are a few financial news that I found interesting this week:
Sanborns is investing in El Salvador, without mentioning the already big invesments made in the region by “Tiendas Carrion”, and now Zara|Bershka| and many others have open spots in El Salvador, Costa Rica, and Panama on inditex
Great improvements are being made in all Airports in the region, with an average of $20 to $30 million dollars, must of the terminals will be up to international standards by EOY or Q4/06. A few links (some in spanish) linklink2link3link4link5link6
iDEN is expanding to EL Salvador link, additional investments are being made by TIGO (soon part of Carlos Slim’s portfolio?? link, and ENITEL investments
Interesting Data: Top Banks in Latin America: here, most of them are from Mexico, Brazil, Argentina, and Chile, The Panamenians: Primer Banco Lation in 50th, Banco Nacional de Panama, in 57, and from El Salvador: Banco Cuscatlan raankked 71 from El Salvador.
While Central America seems to be turning into a Capitalist Mecca, south america is drifting to the Left: Chavez and Fidel