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¿Você fala português?

Categories: Business, Costa Rica
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Published on: 2013/03/05

Empleador: ¿Você fala português? – El Financiero.

Según datos de Cinde, el portugués se ubica como tercero en las transacciones de servicios que se hacen en el país, después del inglés y el español.

La demanda del portugués por parte de las empresas creció un 10% en el último año en el país, según datos de la firma Deloitte, y el aumento de la matrícula en los centros de idiomas pasó del 20% el año pasado, al 60% este año.

Este panorama ha hecho que empresas multinacionales que operan en Costa Rica como Procter & Gamble, HP, Intel, IBM y Western Union, pongan la mira en ese idioma.

“Antes se pedía un segundo idioma y era el inglés, ahora el inglés es una obligación y el tercer idioma es el portugués”, dijo Paula Leñero, gerente de consultoría de Deloitte.

La búsqueda de empleados con buen manejo de este idioma va desde altos cargos gerenciales y administrativos, hasta puestos de servicio y atención al cliente.

Miguel López, gerente general de Amrop Costa Rica, empresa dedicada a reclutar personal de elevado perfil, dijo que para altos puestos ejecutivos buscan gente que lo hable, pero también que lo escriba bien.

 

 

Enjoying a Morning Cruise Aboard ArrowCat

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Published on: 2013/03/03

Aboard an ArrowCat 30, Mar y Sol Twin Hull Boats takes a morning cruise on the Florida waters heading to sea state one testing the performance of this offshore power catamaran.

Leaving the Palm Beach Garden’s marina, the waters look blissful heading out to sea.  We enjoyed calm waters and warm Florida sun along the intracoastal on this Friday morning.

 

ArrowCat 30 Starboard Helm

The calm waters of the Florida intracoastal look inviting for our morning cruise on the ArrowCat 30.  As we entered the channel the chop picked up and the smaller monohull vessels did not venture out to the open waters.  They were readily being tossed and turned; rocking and rolling.  Beyond the channel were a few scattered larger monohull vessels experiencing rough chop of the Atlantic.   But not the ArrowCat; it easily cruised through the chop into the Atlantic without any difficulty.  The stability and comfortable cruise was most likely enviable by those who were turning back unable to enjoy the offshore waters.

Looking ahead at the white caps we headed towards conditions between sea state one and two.   The ArrowCat performed like a champ.  This vessel navigated the conditions with ease and exceptional stability.  The hull design handled the ocean extraordinarily. Larger monohull vessels turned back to shore rather than attempt the off shore conditions. The ArrowCat was impressive maintaining course, stability and none of the tortuous rolling sensation the monohulls were experiencing.  Our ride was dry, enjoyable, smooth and quite comfortable!

The ArrowCat 30 Express is a popular boat designed to meet all your boating needs.  It is built tough for your offshore requirements, yet it handles like a champ in shallow draft too.  The ArrowCat line provides families, fishermen and offshore boaters a  safe, comfortable ride with  speed and economy like no other vessel.

Renowned international yacht designer, Roger Hill achieved a proven design to meet the needs for family fun, fishing, scuba, entertaining and much more.  The unique design offers the best of displacement and planing hull technologies with stability, exceptional seaworthiness and fuel economy!

Rob Harty of ArrowCat and Domingo Bernardo of Mar Y Sol enjoying the morning cruise.

 

This ArrowCat was equipped with twin Suzuki 175s, and weighs 30% less than the same sized mono-hull affording excellent fuel economy.  A hallmark of a power catamaran is fuel efficiency and the ArrowCat 30 delivers!

The ArrowCat 30 top speed is 50 MPH (42 knots) and burns only an impressive 10 gallons per hour at a cruising speed of 20 knots (23 MPH).

We shut off the engines and set adrift.  Again the hull design proved to be superior; stable, solid and comfortable.

All the ArrowCat models feature a multipurpose layout perfect for families, entertaining, fishing and diving.   The L shaped design of the settee allows for plenty of seating and room for walking about the salon.  The area can easily accommodate up to 8 adults comfortably for the day.  The ArrowCat 30 can sleep up to 6 making it a great weekend get-away vessel.

Rob Grgek a local ArrowCat dealer at the helm of the 30 ft ArrowCat

The helm station is positioned in the middle providing lots of visibility, light and comfort for the skipper.  The dash has plenty of room for all the electronics with seat on the starboard for the co-pilot.

The ArrowCat brand has lots to offer for families, fisherman, divers and cruisers.

ArrowCat is hand built with an experienced team using the best materials!  Come aboard and see for yourself!

Contact Mar Y Sol Twin Hull Boats for more information!

Here’s Your Source For Cayman Island Fishing!

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Published on: 2013/02/22

 

Are you wondering where to find the best spot for bonefish in the Caymans?  Are you interested to try your skill at flyfishing?

Be sure to check the Cayman Island Angler Club; they are the source for your fishing adventures!

Cayman Island Angling Club is a member of the International Game Fish Association and the Billfish Foundation.  Be sure to check their site since many tournaments listed.

http://www.fishcayman.com/

ArrowCat Offers Something For Everyone At The Miami Boat Show!

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Published on: 2013/02/14

ArrowCat of Everett WA offers the latest advancements in boating.

Designed by internationally acclaimed Roger Hill, these off shore power catamarans have economy, safety, comfort and speed.

The mulltpurpose layout of an ArrowCat allows for comfortable overnight cruising, serious fishing adventures, diving, even entertaining with family and friends.

Take your family and friends out for a cruise on any one of the 3 models and you will be sure to enjoy generous and pleasant accommodations.  But don’t let the cozy atmosphere fool you.  ArrowCats are serious fishing boats “disguised as a comfortable power catamaran.”

Featured at the Miami Boat Show this year is the ArrowCat 32 Express!

The 32 Express is popular for families, fisherman and divers all year round.  The helm and salon is fully enclosed offering protection from any kind of weather Mother Nature may offer.  The large open aft-deck configuration has extended seating, huge lockers for fish boxes and storage.

The ArrowCat 32 is a great for families.  Come see for yourself!

 

ArrowCat 32 Express is on display at the Miami Boat Show

 

If you are looking for more space, the ArrowCat 42 has it all.

The roomy interior and comfortable sleeping is perfect for family cruising.  The aft deck can be configured for your needs and activities .  It provides lots of space for entertaining and dining.

Sleep in comfort in the 2 or 3 stateroom designs which can be taylored to your specifications.

This ArrowCat is tough for your offshore adventures and performs like a champ in deep and shallow draft water.

 

ArrowCat 42 Flybridge

Be sure to stop to see ArrowCat and Mar y Sol! 

Our staff is multilingual and can assist you pick your the ArrowCat of your dreams!

You will find them outside at the Miami Boat Show Convention Center Booth 3381

Twin Vee Shines At The Miami Boat Show!

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Published on: 2013/02/14

Planning a trip to the Miami Boat Show?  Make sure you visit Twin Vee this year!

In the marina this weekend are 3 of Twin Vee’s premier catamarans on display: 26 ft, 35 ft hydrofoil and the 36 ft Designer Edition!  

  • The 36 ft Designer Edition center console Ocean Cat has a NEW huge designer console and a side door access for optional marine heads, a  NEW walk through transom and additional splash guard on the bow.  Additional features:
    • The instrument console tilts down with easy access to the wiring 
    • Ships batteries mounted under the helm 
    • Two live wells.  
    • 6 rod holders
    • Much more 
    • This is a must see boat!
36 002
Twin Vee 36 ft Designer Edition
36int 002
36 ft Designer Edition features a huge console

 

Twin Vee at the world headquarters in Fort Pierce build a safe, reliable and quality boat at an affordable price.  Using only the highest standards and quality materials, the craftsman take pride and care to produce a superior product.  You can be assured of a comfortable ride and great performance.

Twin Vee is trusted by customers year in and out.

Come see for yourself at the Miami Boat Show.  Stop by the Marina at Booths 414, 416, 418.  

Luxury Cruises into CartagenaPort of Cartagena, Attracting Luxury Boats

Read more at:

Puerto de Cartagena, en la ruta de barcos de lujo | Corporación de Turismo de Cartagena | El Universal – Cartagena.

The Paul Gauguin cruise line included Cartagena in the route of the luxury ship Tere Moana, confirming the importance the walled city is gaining as an international tourist destination.

On Sunday, a total of five vessels from distinguished companies visited the city; the foray into the cruise market has become one of the main achievements of the Port of Cartagena, which seeks to capture the attention of renowned international lines .

The city government interprets this move as very important, entrenching Cartagena as major tourist destination in the Caribbean will boost the national tourism sector, with the corresponding benefits to the transportation, trade and gastronomy sectors.

CRUISE

The Tere Moana, left the island of St. Martin in the Caribbean, then from Cartagena will cross the Panama Canal and sail to the island of Coiba, Panama, and then to Marenco, in Costa Rica, and Puerto Caldera in Costa Rica.

Paul Gauguin Cruises is a specialized line of cruises to exotic destinations with warm weather and delivers services to customers that even the larger ships can not offer.  In fact, the maximum capacity of the Tere Moana, which was recently renovated, is only 90 people.

The other four boats that arrived over the weekend to Cartagena were: Seven Seas Mariner, a ship with 700 people with luxury features and marble European style tubs, gyms and jogging track, Coral Princess, Island Princess and The World, known for feeling like home with gyms and personal trainers, tennis courts, golf courses and luxury jewelers who travel the world, as they own several passenger cabins.

The Port of Cartagena expects 192 cruises in the 2013 season, not counting the first landfalls of the following ships: Wind Star, Disney Wonder, MS Columbus 2, Artania and Tere Moana.

New Megaport in Cartagena will be a Duty Free ZonePort of Cartagena Sets Records & Gets $45,000,000 Investment

From Colombian news sources (see references below)

Record Year for Container Movement

Containers in Cartagena

The Port of Cartagena reached a record of 2,018,389 containers moved at the end of 2012, positioning the port as the first in the country to achieve such progress.

The forecast for 2012 predicted  two million containers compared to 1,672,041 recorded at the end of 2011. This figure places Cartagena in the select group of the most important ports in the world and shows, once again, the country’s dedication to  international trade.

The expansion of the Panama Canal, expected to be ready in the first half of 2015, will allow 8.4 million containers to pass through each year, compared to 6.5 million presently.  The Port of Cartagena is one of the beneficiaries, and will be useful in  consolidating its position as the primary global hub for the Caribbean.

$45M investment

Area being prepared for new logistics center

The Chilean firm “Compas” announced a $45 million (USD) investment into the port of Cartagena for a new Logistics Center.

The partners in this project purchased a lot of 41 acres, on the new road that goes towards Barú, which will be used to develop a comprehensive logistics center.  Among other services, it will feature warehouses and a distribution depot,  areas for consolidating and deconsolidation; a yard for full and empty containers, storage area for wheeled vehicles and general cargo as well as extensive areas for installation of new industries related to foreign trade.

Capabilities of the Port of Cartagena and the 70 miles of Canal

one of the cargo cranes in Cartagena

The Port of Cartagena currently has the infrastructure and efficiency to meet up to 5,500 TEUs.  The port is a true logistics center linking the Caribbean to the world, through connections with more than 432 ports in 114 countries.

The 115 kilometers of the navigable Canal Dique, offers enormous potential to mobilize goods in cargo ships.  Furthermore, the possibility of higher amounts freight discount means that logistics costs are between 30% and 38% lower than terrestrial transport.

Those that use this waterway now have satellite navigation assistance, ensuring mobility 24 hours a day.  Therefore, cargo transport through the Canal is feasible, safe and profitable, with positive economic, social and environmental effects.

Read more at:

http://www.eluniversal.com.co/cartagena/economica/inversion-chilena-en-puerto-de-cartagena-105783

http://www.eluniversal.com.co/cartagena/local/puerto-de-cartagena-alcanzo-cifra-record-en-2012-104465

http://www.eluniversal.com.co/cartagena/actualidad/puerto-de-cartagena-en-la-ruta-de-barcos-de-lujo-104959

http://www.cccartagena.org.co/boletin.php?b=177

http://www.eluniversal.com.co/cartagena/economica/inversion-chilena-en-puerto-de-cartagena-105783

http://albatros.puertocartagena.com/opadmco.nsf/vstRefLinkDoc/58319A1A99908EAB052573B5004AD389

http://www.skyscrapercity.com/showthread.php?t=561030

0396[1]Bonita Springs Firefighters get a New TwinVee

Read more at:  Bonita Springs firefighters get a new life saving boat.

TwinVee Fire fighting boat; Click for Video

 

Click here (or in picture above) to see new TwinVee firefighting boat on Bonita Springs News

The Bonita Springs Fire Department has upgraded a critical part of it’s life saving equipment.

The boat’s longer, it’s wider, has more storage, safer for us as the rescuers and passengers we have to bring on here,” said Lt. Richard Scott

The 26-foot custom built Twin Vee is equipped to perform fire and medical calls with advanced life support equipment, once it hits the water.

We can keep all the necessary equipment on here that we need, including water rescue equipment, medical equipment, our fire pump, and our foam that goes with it,” said Lt. Scott.

This twin engine, Twin Vee, is replacing the departments 22-foot Boston Whaler.

“One of things this boat is customized with is a rescue door, which gives easy access without hurting someone further.”

It’s thermal imaging will help fire crews spot a boat or someone in the water.

“What you see here is exactly how this would look at night which enables us to help find people, like victims in the water, or helping with navigation.”

Lt. Scott said this boat is essential to station number two.

A lot of the calls we have are in the Gulf, circumstances that aren’t always like today, windy conditions, very rough and that’s typically when people get in trouble.”

Guacalito$250,000,000 (USD) Resort Opens Phase I in Nicaragua

Read more:  Pellas inaugura Guacalito de la Isla · El Nuevo Diario.

With a total investment of U.S. $ 250 million, Carlos Pellas, opened the luxury resort Guacalito Island, the first stage features a golf course with 18 holes, a boutique hotel and villas and cottages, in the idyllic town of Tola, Rivas near San Juan del Sur, on the Pacific Coast of Nicaragua.

Guacalito de la Isla
Beachside in Nicaragua

The first phase of the emblematic Guacalito Island, is located on the Emerald Coast of the Pacific, seeks to position Nicaragua as a premier tourist destination, opened 13 January 2013 in the presence of regional entrepreneurs invited by Carlos Pellas, who described the project as the legacy that the country intends to inherit.

With an estimated total of $ 250 million (USD), the first phase includes the boutique hotel Mukul, which has 39 rooms, 16 beach villas and 23 mountain huts, built on 1,600 acres (about 650 hectares), with an investment of U.S. $ 150 million.

My vision is that in 15, 20 years, we see this as the spark that made Nicaragua a tourist destination,” said Carlos Pellas, Pellas group leader.

Built with eco-friendly materials and the use of water catchment areas of rain, the resort is between and surrounded by more than 1,500 trees, some of which were transplanted  A 150-year guanacaste, erected at the entrance of the complex, represents the effort for the care of the environment.

 

 

GuacalitoNuevo Hotel, Cabañas, Villas y Cancha de Golf en Nicaragua

Lea más:  Pellas inaugura Guacalito de la Isla · El Nuevo Diario.

13 enero 2013

Pellas inaugura Guacalito de la Isla

Con una inversión total de US$250 millones, Carlos Pellas, líder del grupo Pellas, inauguró el resort de lujo Guacalito de la Isla, que en una primera etapa ofrece un campo de golf de 18 hoyos, un hotel boutique, así como villas y cabañas, en el paradisíaco municipio de Tola, Rivas, cerca de San Juan del Sur.

Guacalito
Guacalito

La primera fase del emblemático proyecto eco-turístico Guacalito de la Isla, ubicado en la Costa Esmeralda del Pacífico, en el municipio de Tola, Rivas, y que busca posicionar a Nicaragua como un destino turístico de primer nivel, fue inaugurado anoche en presencia de empresarios de la región invitados por Carlos Pellas, quien calificó dicho proyecto como el legado que pretende heredar al país.

Con una estimación total de US$250 millones, la primera etapa contempla el hotel-boutique Mukul, que cuenta con 39 estancias, 16 villas de playa y 23 cabañas de montaña, edificadas en 1,600 acres (casi 650 hectáreas), con una inversión de US$150 millones.

“Mi visión es que dentro de 15, 20 años, veamos esto como la chispa que despertó a Nicaragua como destino turístico”, expresó Carlos Pellas, líder del grupo Pellas.

Construido con materiales eco-amigables y con el uso de zonas de captación de agua de lluvia, el resort está entre y rodeado por más de 1,500 árboles, algunos de gran tamaño que fueron transplantados. Un guanacaste de 150 años, erigido en la entrada del complejo, representa el esfuerzo por el cuido del medio ambiente.

 

 

 

A New Beachfront Retreat is Rising on Nicaragua’s Pacific Coast

Read more:  A New Isla Mariana Beachfront Retreat is Rising on Nicaragua’s Pacific Coast.

Isla Mariana Beachfront Retreat Nicaragua Blog

Grupo Mariana owns clear title to 1.5 kilometers of beach frontage on the Pacific Coast of Nicaragua, 89 kilometers northwest of the capital city of Managua. The property is 17 acres situated on a peninsula that spans 11 kilometres in length and is bordered by the town of Salinas Grandes to the North and Puerto Sandino to the South.

Isla Mariana is now a community with one unique neighborhood while the master plan has been completely revised and now features a recreational 25-slip marina, true beachfront home sites and a 16-room boutique hotel under the Laya Boutique Hotel brand.

Laya Boutique Hotel and Bungalows is a new component under the Grupo Mariana umbrella, and is a completely unique hospitality offering within the country of Nicaragua. A relaxed, eco-conscious hideaway for those looking for a private beachfront experience, Laya will offer boutique hotel suites and beachfront bungalows stretched along the Pacific Ocean. Laya, which means “liquid” in Nicaragua’s native Miskito language, offers travelers and couples a private destination and experience.

We believe that Isla Mariana is truly positioned to become an “eco resort” that respects the environment and offers an uncompromising, relaxed lifestyle. It’s an off-the-beaten path just 30 minutes from the colonial city of Leon, Juan Venado Nature Reserve as well as the unique Salinas Grandes area where salts are pulled directly from the sea surrounds it. Because of this, Isla Mariana is dedicated to preserving and promoting Nicaragua’s natural resources and efforts are being made to classify the nearby salt fields as an eco-preserve. In essence, Isla Mariana is a wonderfully exceptional and beautiful place.

The Grip Gets Tighter, IRS Finalizes FATCA; Creates Additional Barrier to the Flow of Capital

Categories: Business
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Published on: 2013/01/30

Foreign Account Tax Compliance Act

Edicts like FATCA serve as an indirect form of capital controls, as they effectively create significant barriers for capital to leave the US.

Read more at:

Weekly Update – The Grip Gets Tighter, IRS Finalizes FATCA – International Man.

Wording of the FATCA

Rich Taiwanese give up US Passports over FATCA (Taiwan News)

California’s 5 year RETROactive Tax (Business Insider)

New tax for Expats to fund Obamacare (Yahoo News Canada)

IRS website for FATCA

The grip continues to get tighter.

Last week the IRS finalized the widely unpopular FATCA regulations, a monstrosity of 544 pages.

 

Unpopular with everyone but the US government and the financial advisers who are set to profit from the stacks of paperwork that FATCA creates.

 

The final regulations include a step-by-step process for identifying US accounts, information reporting, and withholding by foreign financial institutions.

 

These costly regulations make the world a smaller place for Americans. Most foreign banks want nothing to do with American clients and it is no wonder why. The benefits do not outweigh the costs; any rational business owner would make the same decision.

 

Perhaps it is a desired effect.

 

Edicts like FATCA serve as an indirect form of capital controls, as they effectively create significant barriers for capital to leave the US.

 

We shouldn’t be surprised that broke governments everywhere are finding all sorts of dastardly creative ways to squeeze their citizens more and more.

 

Take California for example, which is seeking to hit businesses with an absurd retroactive tax going back 5 years.

 

 

Museo en CartagenaThe World’s Economy in 2050; Europe & USA dwarfed by Today’s Emerging Economies

Categories: Business, Colombia
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Published on: 2013/01/29
From: 
The World in 2050; Quantifying the Shift in the Global Economy a study commissioned by HSBC Bank
International Man, http://www.internationalman.com/global-perspectives/on-the-ground-in-colombia-part-1
International Man, http://www.internationalman.com/global-perspectives/on-the-ground-in-colombia-part-2

With the rapid growth of the emerging markets, the global economy is experiencing a seismic shift…. By 2050, the collective size of the economies we currently deem ‘emerging’ will have increased five-fold and will be larger than the developed world.

19 of the 30 largest economies will be from the emerging world.

At the same time, there will be a marked decline in the economic might – and potentially the political clout – of many small population, ageing, rich economies in Europe

In HSBC’s The world in 2050, a perspective on the economic outlook in 2050, Colombia is seen playing a decisive role in the global economy and predicted to become the number 26 economy in the world, as measured by GDP (up from position 33 or 34 now depending on the research). It is also part of CIVETS, a group of emerging markets seen as “the next BRICs.”

GDP growth over the last 10 years averaged to about 5%, similar to that of Brazil, but less than neighboring Panama, which was growing a little faster. Interestingly, the Colombian economy did not contract in the disaster years of 2008 and 2009, posting a modest growth of 1.45% in 2009, showing pretty good economical resiliency. Last time its economy shrank was back in 1999.

The country is rich in natural resources, with the main industries being petroleum, coal, coffee and other agricultural produce, and gold. Colombia is also known as the world’s leading source of emeralds, and over 70% of cut flowers imported by the United States originate from Colombia.

The oil sector has been a huge success in Colombia, with production ramping up rapidly in the last several years. It went from 525,000 barrels per day in 2005, to almost a million in 2011. Yearly rate of increase is comparable with that of Brazil, which has been in the news much more extensively than Colombia, who is the fourth largest oil producer in South America. Production in Brazil per year is still much higher, with about 2.7 million barrels per day (2010).

The official currency in Colombia is the Peso, and it has been rising substantially over the last few years due to increasing investment inflows from outside the country

—————–

From HSBC:

With the rapid growth of the emerging markets, the global economy is experiencing a seismic shift. But why is this change occurring? Will it continue? And how will the world look if it does? The answers to these questions are important for investors’ decisions today.
In this piece, we provide a framework for thinking about these issues. Based on our analysis of the Top 30 economies ranked by size of GDP in 2050, our conclusions are as follows:

 

  • World output will treble, as growth accelerates on the back of the emerging economies. On average, annual world growth is projected to be accelerate towards 3% compared with growth of just over 2% in the 2000s (Chart 1). Emerging-world growth will contribute twice as much as the developed world to global growth over this period.
  • By 2050, the emerging world will have increased five-fold and will be larger than the developed world (Chart 2).
  • 19 of the top 30 economies by GDP will be countries that we currently describe as ‘emerging’ (Table 3).
  • China and India will be the largest and third-largest economies in the world, respectively.
  • Substantial progress up the global league table will be made by a host of other emerging economies – most notably, Mexico, Turkey, Indonesia, Egypt, Malaysia, Thailand, Colombia and Venezuela.
  • These projections combine prospects for per capita GDP and the demographic outlook. Income per capita should grow in all the countries that we consider. But demographic patterns vary significantly across the world and have a major influence on growth prospects.
  • The US and UK, with better demographic outlooks, are relatively successful at maintaining their positions.
  • But the small-population, ageing, rich economies in Europe are the big losers.  Switzerland and the  Netherlands slip down the grid significantly, and Sweden, Belgium, Austria, Norway and Denmark drop out of our Top 30 altogether.
  • This may have implications for the ability of these economies to influence the global policy agenda.  Already Europe has been forced to concede two seats on the IMF’s executive board in order to make way for some emerging economies. This adds a whole new dimension to the current Eurozone crisis, and provides a significant incentive to euro-area countries to work through their current difficulties and remain a union.
  • Demographic change is even more dramatic outside of Europe. The working population will rise by 73% in Saudi Arabia and fall by 37% in Japan. That is reflected in these countries’ differing fortunes in our top 30 table (Chart 4).
  • By 2050, the seismic shift in the global economy will have only just begun. Despite a seven-fold increase (Chart 5), income per capita in China will still be only 32% of that in the US and scope for further growth will be substantial. This ‘base effect’ must be considered when comparing current growth in the emerging world with that of the developed world.
  • Energy availability need not hinder this path of global development so long as there is major investment in efficiency and low-carbon alternatives. Meeting food demand may prove more of a challenge, but improvements in yield and diet could fill the gap. In the final section, we discuss our preliminary thoughts on this topic.

Latin American airlines will require over 2,100 new aircraft …

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Published on: 2013/01/25

 

Nov 16, 2012

According to the recently released Airbus Global Market Forecast (GMF), Latin American airlines will require 2,120 new aircraft between today and 2031, including 1,660 single-aisle, 420 twin-aisle and 40 very large aircraft estimated at $242 billion. Globally, by 2031 some 28,200 new aircraft valued at $4 trillion will be required to satisfy future robust market demand.

 

With GDP currently growing above the world average, socio-economic indicators predict Latin America’s middle class will double between 2012 and 2031. Additionally, Latin America has become the second most urbanised region worldwide after North America, and by 2031, 10 out of the 92 mega-cities with more than 10,000 daily long-haul passengers will be in the region.

As a result of this region’s dynamic economic growth, Latin America’s air traffic will rise 5.3 percent per year over the next 20 years, well above the world average of 4.7 percent. Benefiting from this, the region’s airlines will grow their own traffic by almost 6 percent per year, the second highest growth globally, only exceeded by those airlines based in the Middle East. Additionally, Latin American airlines’ market share on long-haul routes increased by 8 percent between 2005 and 2011, to reach 21 percent today, showing that they have significant development potential for intercontinental networks.

source:  Airbus Global Market Forecast Airbus: Latin American airlines will require over 2,100 new aircraft ….

Forbes Magazine says CEO Space is “A 2013 Must Attend Business Conference”

Mar y Sol Twin Hull Boat founders, Domingo Bernardo and Theresa Biemer are graduates and active members of CEO Space International.

Theresa and Domingo at the 1212 CEO Space Expo

 

CEO Space is a combination of a conference, networking event, and trade show. This week long event’s primary goal is to help the executives, entrepreneurs, and other professionals in attendance achieve their goals faster and easier.  It is accomplished through networking opportunities, coaching sessions, team building exercises, and much more. By attending this conference you’ll make connections with key people and other leaders valuable to helping you achieve your professional and business goals.

CEO Space and Berny Dorhmann has assembled a large faculty staffed by an “all star team of Fortune management advisers.”  They come here to donate their time and knowledge and readily give advice and counsel.  Here at Trade Show Forums held 5 times each year you will rub elbows with well renowned business professionals, writers and speakers.

 

Bob Proctor at 1212 CEO Space International

One of the many featured faculty members is Bob Proctor, a well respected, highly sought out speaker in the world on the topic of getting rich.  His principles are based on the book by Napoleon Hill, Think and Grow Rich which had a dramatic change in his own life.  For over 40 years, Bob Proctor has been the leader in the power of positive thinking and self-motivation.

Whether it is renowned speaker like Bob Proctor or Les Brown, business professionals like Harry Lay, best selling writers like Dolf de Roos or entertainment personalities like Rhonda Britton, CEO space offers an amazing resource for its members!

Whether it’s networking with potential clients or learning about the latest trends, attending conferences is one of the most valuable investments you can make personally and professionally. The 2013 conference line-up is full of great options for entrepreneurs, marketing professionals, and those wanting to get a step ahead in business

Forbes is correct ~CEO Space is THE place to be for your business.

 

 

 

source: Must-Attend 2013 Conferences for Entrepreneurs – Forbes.

 

 

 

 

 

Banco Popular of Costa Rica earned $74M in 2012

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Published on: 2013/01/22

from:  Banco Popular disminuyó sus utilidades en un 4% – El Financiero.

Banco Popular of Costa Rica earned $74M in 2012; nationwide, commercial banks nationwide earned 30% more in 2012 than in 2011.

Popular Bank authorities announced this morning a drop in profits of 4% from ¢38,600 million ($77M) in 2011 to ¢37,093 million ($74M) in 2012.

Gerardo Porras, corporate general manager of the company, said the bank continues along the path of growth to contribute to economic and social development of workers.

At the system level, commercial banks increased their profits by 30% last year. The National Bank was the one who earned the bulk of the banking profits, while the HSBC Bank (now Davivienda) had the highest growth of the year (186%).

Returning to Popular, this year the rating agency, Fitch Ratings, issued the Bank a AA rating for its long-term issues and F1 for short term.

For 2013 the bank has projected a placement of ¢410,000 million ($820M) in the areas of consumer credit and development.

 

Costa Rica Currency Continues Rise vs Dollar

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Published on: 2013/01/22

 

January 2013

The Costa Rican Economy is experiencing an unprecedented entry of US Dollars as world wide investors seek productive returns.  The influx of dollars has become a problem for Costa Rica’s long standing monetary policy, which is to “loosely peg” with the dollar, so that the exchange rate stays near 540 Colones per USD — the Colón is currently trading at the “established floor” of 500.

¿Dólares ó Colones?

Dollars flood the Costa Rican economy for two major reasons:

  1. Foreign investment into the Costa Rican economy — Walmart, IBM and many other firms have invested hundreds of millions in the past two years
  2. Foreign Exchange (FOREX) traders — speculators will purchase Colones,  currently yielding near 9%, and give up dollars which are currently yielding near 0.5%.

The question of the increasing value of the Colón vs the continually decreasing value of the dollar has many groups in Costa Rica in a fierce debate.  The continual increase affects business, mostly the tourism and the export trades.

Exporters receive payment in foreign coin, but then must pay for services in local currency.  Tourism suffers because tourists can purchase less vacation for their money.  However, the increasing value of the currency leads to a more stable environment and an increase in worldwide investment and which eventually means more wealth for the citizens of the country.

Costa Rica can leave this situation alone, causing their exports and tourism to suffer, slowing the economy.  An alternative is to artificially lower interest rates to better match the USD, further accelerating the economy and possibly causing large inflation.  They can also print more Colones which causes inflation and modestly accelerates the economy.   Another choice is to release the Colón from the US Dollar, allowing the Colón to float in the international currency market.  There are even cries to abandon the local currency and simply accept the dollar as the new currency.

Any decision will need to be done quickly, since Costa Rica is a relatively small nation with a small economy.

Read more at:

http://www.elfinancierocr.com/finanzas/dolar-capitales-sector_productivo-Uccaep_0_229177090.html

http://www.nacion.com/2013-01-14/Economia/ingreso-de-dolares-pone-en-aprietos-estabilidad-economica.aspx

http://www.crhoy.com/si-bccr-libera-bandas-cambiarias-miles-de-empresas-moriran-advierte-cadexco/

http://www.elfinancierocr.com/finanzas/Gobierno-consulta-capitales-extranjeros-productivo_0_225577457.html

http://www.elfinancierocr.com/finanzas/Hacienda-dinero-eurobonos-disminuir-interes_0_229177092.html

http://www.elfinancierocr.com/finanzas/Tasa-Basica-Pasiva-reacciona-mercado_0_228577144.html

http://www.elfinancierocr.com/blogs/por_la_libre/solucion-sigue-dolarizar_7_227447256.html

 

Crisis europea: oportunidad para Centroamérica

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Published on: 2013/01/22

Leer más:  Prepara UE ofensiva empresarial en AL y Caribe | Info7 | Economía.

Prepara UE ofensiva empresarial en AL y Caribe

La Unión Europea (UE) tratará de expandir la presencia de sus empresas en América Latina y el Caribe durante una cumbre que celebrará con los países de esas regiones en Santiago (Chile), los días 26 y 27 de este mes
Notimex – La cita anual tiene por objetivo pasar revista a los últimos acontecimientos políticos y económicos en ambos lados del Atlántico y discutir cómo proseguir en la cooperación bilateral.

Pero, en paralelo, una delegación de representantes de 40 compañías y asociaciones industriales de diez países europeos buscará abrir camino en los mercados latinoamericanos, con el auspicio del comisario europeo de Industria, Antonio Tajani.

“El viaje hace parte de una serie de misiones para ayudar al crecimiento de las empresas europeas, en particular las pequeñas y medianas (Pyme), a sacar mejor provecho de los mercados internacionales que están en rápido crecimiento”, explicó la Comisión Europea.

Tajani tratará de promover la creación de redes de negocios con los países de América Latina y el Caribe para impulsar la internacionalización de las empresas europeas.

La idea es sacar partido del “fuerte desempeño económico” que la región ha experimentado en los últimos tres años, cuando el producto interior bruto (PIB) de sus países creció un 4.5 por ciento de media.

Además, el alto funcionario se reunirá con diferentes ministros chilenos para profundizar la implementación de acuerdos políticos firmados en junio de 2011 en los ámbitos del desarrollo de las Pyme, de cooperación industrial, de turismo y de política espacial.

El comisario de Comercio, Karel De Gucht, también participará de la ofensiva europea, presionando a Colombia, Perú y los países de Centroamérica a obrar para la pronta entrada en vigor de los acuerdos comerciales que firmaron con la UE el pasado año.

En paralelo, los presidentes del Consejo y de la Comisión Europea, Herman Van Rompuy y José Manuel Durao Barroso, exigirán a sus homólogos latinoamericanos más garantías a las inversiones europeas, para poner fin al clima de desconfianza generado con las expropiaciones realizadas el pasado año por Bolivia y Argentia.

Ofrecer seguridad legal a los inversores es esencial para promover inversiones de alta calidad, con responsabilidad social, señaló Bruselas.

Pedirán, igualmente, que preserven la apertura comercial y eviten tomar medidas proteccionistas en sus países, argumentando que ello es esencial para asegurar un crecimiento y desarrollo continuado.

European Crisis is Opportunity for Caribbean & Latin America

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Published on: 2013/01/22

from:  Prepara UE ofensiva empresarial en AL y Caribe | Info7 | Economía.

The European Union (EU) will seek to expand their business presence in Latin America and the Caribbean during a summit meeting with the countries of these regions in Santiago (Chile), 26 and 27 this month

20 January 2013

AP – The annual event aims to review recent economic and political developments on both sides of the Atlantic and discuss how to further bilateral cooperation.

But, in parallel, a delegation of representatives from 40 companies and industry associations in ten European countries seek to break new ground in Latin American markets, with support from the European Commissioner for Industry, Antonio Tajani.

“The trip is part of a series of missions to help the growth of European companies, especially small and medium enterprises (SMEs), to take better advantage of international markets that are growing rapidly,” said the European Commission.

Tajani seeks to promote business networking with the countries of Latin America and the Caribbean to promote the internationalization of European firms.

The idea is to take advantage of “strong economic performance” that the region has experienced in the last three years, when the gross domestic product (GDP) of countries grew by 4.5 percent on average.

In addition, the senior official will meet with various Chilean ministers to deepen the implementation of political agreements signed in June 2011 in the areas of SME development, industrial cooperation, tourism and space policy.

Trade Commissioner, Karel De Gucht, will also participate in the European offensive, pressuring Colombia, Peru and Central America to work for early entry into the trade agreements signed with the EU last year.

The Presidents of the Council and the European Commission, Herman Van Rompuy and Jose Manuel Barroso, will require their American counterparts more European investment guarantees, to end the climate of mistrust generated with the expropriations carried out last year by Bolivia and Argentina.

Providing legal certainty to investors is essential to promote high quality investments with social responsibility, said Brussels.

They will also urge that openness be preserved and protectionist measures be avoided in their countries, arguing that it is essential to ensure continued growth and development.

Nyesa S.A. Announces $330,000,000 Real Estate Development in Costa Rica

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Published on: 2013/01/22

Read more:  Nyesa Announces Real Estate Development in Costa Rica – CentralAmericaData :: The Regional Business Portal.

Nyesa Announces Real Estate Development in Costa Rica

Nyesa Valores Corporación has announced the signing of a $330 million agreement with a North American investment fund to finance the construction project.

The complex will be constructed in the Costa Rican Pacific port town of Puntarenas and will feature a world class golf course designed by champion golfer Greg Norman, beach club, sports center and 1,400 residential units including villas, condos and vacant lots.

Sources inside Nyesa Valores Corporación have stated that the total cost of the project is expected to be more than $1,600 with approximate profits of $485 million.

The project will be carried out in several phases, the first being general infrastructure development including the first SETAI branded hotel. This phase is predicted to cost $632 million, of which $330 million will be provided by the investment fund with a 10 year repayment term.

Leer más en:  www.nyesavalorescorporacion.com

 

New SuperWalmart (8th one) opens near San José, Costa Rica

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Published on: 2013/01/21

from:  Nuevo Walmart de Tibás abrirá en unos días – El Financiero.

In the coming weeks the eighth Super Walmart will be ready, this time in Tibás.

The work is in its final stage and although the company did not disclose the exact date,  the inauguration is estimated to be in the coming weeks. Even the building and has its facade almost ready.

This was announced by Walmart spokeswoman, Yolanda Fernández Ochoa, manager of Corporate Affairs Costa Rica, to queries sent by this periodical.

Fernandez said that from the point of view of infrastructure, the work is almost ready. They are currently in the process of installing equipment and shelves for placement of product.

Tibás Walmart will join the six hyper supermarkets already in operation: San Sebastian, Escazu, Escazu, Cartago, Heredia, Alajuela and Guadalupe.

When asked by the amount of investment, Fernandez just merely commented that it will be several million dollars. “However, by company policy we refrain from giving the figure in detail.”

However, last February, the company had estimated it would be about $ 19 million, as published by El Financiero.

This weekly learned that the chain also has a number of investments under way, the opening of a Maxi Pali in North Mercedes (Heredia), currently under construction.  Also in Lima de Cartago, Atenas, Esparza, and San Antonio, among others.

Recently opened, the Maxi Palí of Santa Cruz in Guanacaste where the company invested $ 4.3 million for a store of 1,800 square meters ( 19,600 square feet) and created 44 jobs.

About the new plans, the spokeswoman gave no details but admitted that she has multiple project openings in different stages of completion, some only in state permits, others already under construction, such as the one standing adjacent to the Northern Cemetery in Mercedes (Heredia)

“Being a public company listed on the Stock Exchange of Mexico, we can not pass judgment on the new projects, while our 2013 plans are not officially shared with shareholders and stock analysts in the coming weeks,” said Fernandez.

Walmart is not the only chain that is growing. Gessa Group, owner of Perimercados, Jumbo, Saretto, Supercompro and Turribásicos has requested permits and already under construction is a Jumbo supermarket in Heredia, a few meters from the National University.

AutoMercado, in addition, has an aggressive growth plan with its new stores Vindi, and expect to have seven shops by March .

AMPM and Fresh Market also continue its march of expansion, as has unveiled its president, Armando Gonzalez.  They now have more than 40 outlets.

 

Costa Rica tops Latin American ranking of outsourcing services

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Published on: 2013/01/21

 

“San José is one of the most impressive services destinations in the continent,” study says.

The “Top 100 Outsourcing Destinations Report 2013” places Costa Rica as the best country in Latin America for outsourcing operations and 13th worldwide.

The private study released by global consulting and investment firm Tholons indicates that Costa Rica climbed five positions from the 2012 index and is “a key player in the corporate services industry and information technology in Latin America and the world.”

“San José, Costa Rica, remains one of the most impressive destinations in the region. It surpassed bigger cities like São Paulo and Buenos Aires, consolidating the city as one of the big winners in the 2013 list,” the report cited.

Foreign Trade Minister Anabel González said Wednesday in a statement that this prominent position is a direct result of the work done to develop and consolidate the services sector in Costa Rica.

Gabriela Llobet, executive director of the Costa Rican Investment Promotion Agency, added that the Tholons ranking also reflects that the country now competes not only with continental leaders but also directly with global giants such as India, Poland, Ireland and Malaysia.

The only two countries in Central America that made the list besides Costa Rica were Nicaragua and Guatemala, appearing at the bottom of the ranking at 95 and 96, respectively.

source: Costa Rica tops Latin American ranking of outsourcing services / News Briefs / Current Edition / Costa Rica Newspaper, The Tico Times.

Twin Vee 35 Hydrofoil: Added Lift, Better Efficiency

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Published on: 2013/01/21

 

Twin Vee 35 Hydrofoil: Added Lift, Better Efficiency

Features, Boat Reviews and Boat Tests  from Boats.com

This new powercat from Twin Vee was designed specifically to carry hydrofoils, fore and aft, in its tunnel.

Twin Vee Powercats build some unique boats, and the latest to enter their line-up of one-of-a-kind cats is the 35 Hydrofoil. This boat was designed and built for foils, and with a pair of 300-hp Suzuki outboards on the transom, cruises in excess of 40-mph.

 

Twinvee boats

“The fuel and efficiency difference with the hydrofoils is incredible,” Twin Vee CEO Roger Dunshee told me, when the boat was introduced at the Miami Boat Show. “We had to design the boat specifically for them and it was quite an investment, but I just can’t believe how well it runs,” he said.

The foils generate both lift and trim stabilization, and in some cases can reduce a boat’s lift/drag ratio from 4.0:1 to 20:1. That additional lift and reduced drag mean you can use smaller powerplants to get the same speeds out of a boat, and one of the first owners claimed that his 35 gets better than three MPG at cruise.

If foils are so darn good, why doesn’t every cat builder use them? Design costs are a major reason, but results seem to vary from one model to another, too, with smaller boats seeing reduced benefits. When I tested a pair of 29’ cats a few years ago, one with and one without foils, the efficiency gain we measured was under 10-percent.

hydro foil hydrofoils

Foils aside, the 35 is built to be a serious fishboat, and includes a leaning post with rocket launchers, a tackle station, and a livewell; a walk-in console head compartment; fore and aft seating; and gunwale rodholders. The helm has plenty of space for those big, beautiful LCD screens we anglers love, and coaming bolsters line the gunwales.

Twin Vee 35 Hydrofoil: Added Lift, Better Efficiency – Features, Boat Reviews and Boat Tests – Boats.com.

Living large in Costa Rica – CNN.com

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Published on: 2013/01/21

 

Enjoy the view over the Papagayo Peninsula from your private pool at the Four Seasons.

(CNN) — Not so long ago, Costa Rica was a backpacker’s game.

Other than a few business-class hotels in the capital of San José and a handful of isolated luxury properties scattered about the scenic hinterlands, travelers could expect little in the way of genuine comfort while exploring one of the most beautiful and eco-conscious countries on the planet.

Over the past decade, however, Costa Rica’s fastest-growing crop has been a collection of opulent hotels and resort communities, complemented by marinas, golf courses, gourmet restaurants, hot springs and other world-class facilities.

The tag attached to most deluxe properties is usually something like “ecolodge” or “ecoresort,” which may conjure visions of dreadlocks, granola and recycled hemp-fiber sheets.

Don’t be fooled.

Yes, most of the country’s destinations are green; Costa Rica’s Sustainable Tourism Program rewards environmentally friendly properties with one to five “leaves” and copious free publicity.

But Costa Rica’s new upscale properties are as elegant and comfortable as any in Latin America.

Here are the best regions and stays for putting a little service and Chardonnay into your sand and scenery.

Click the link to see all the wonderful places:

 Living large in Costa Rica – CNN.com.

Colombia Promoting Nautical Tourism to Create 15,000 Jobs

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Published on: 2013/01/21

Read more:  Colombia impulsará turismo náutico para crear 15 mil nuevos empleos – Noticia

Colombia impulsará turismo náutico para crear 15 mil nuevos empleos - Noticias de turismo - arecoa.com

The Ministry of Commerce, Industry and Tourism of Colombia has set among its priorities to contribute to the creation of 15,000 new jobs in the Colombian Caribbean coast, by promoting nautical tourism; (population of the entire country is roughly 20,000,000)

In order to achieve this goal, the ministry launched the Guía Náutica Turística de Colombia (Colombian Nautical Tourism Guide), the pages collect navigational charts for nautical activities for both sailboats and motor vessels, as well as complete information of services and sites tourists can visit in each of the docking ports, according to the Colombian press.

With the Guide the ministry seeks to promote the country as a destination for all types of vessels, taking advantage of 2.900 kilometers (4,700 miles) of coastline: 1.600 kilometers (2,600 miles) in the Caribbean Sea and 1.300 kilometers (2,100 miles) in the Pacific Ocean, which is Colombia.

The second step will be the creation of marinas and the regulation of the sale of services on them, another project which the Government intends to promote.

The participants to the publication are Tourism Promotion Fund, the Tourism Corporation of Cartagena de Indias, and the Maritime Directorate; 4,200 million pesos ($2.4 million USD) was invested. For the initial distribution 8,000 copies were printed; 6,000 in English and 2,000 in Spanish.

 

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