Via The Latin American Post, an article on Walmart’s investment in Guatemala: Walmart has announced plans to invest $700 million in Guatemala over the next five years, a move expected to stimulate significant economic growth and create job opportunities in the Central American country. Walmart, the world’s largest retailer, has announced a substantial investment plan […]
Read more »Via The Diplomat, an article on the rapid expansion of Beijing’s political and economic influence in countries switching relations from Taiwan to China and how it suggests that a “flip” by Guatemala could be particularly impactful: Over the past year, China has made significant advances in Central America in multiple sectors, in strategic geography ever closer to […]
Read more »Courtesy of Bloomberg, an interesting look at Guatemala, a nation which imports 250 million pounds of used clothing a year—and the largest buyer, Megapaca, is starting a US website: Standing atop several long, sturdy wooden tables at an industrial park in Escuintla, Guatemala, 40 young men and women pull shirts, dresses, slacks and other garments […]
Read more »Via Rest of World, a report on Guatemala’s adoption of fintech: After a little while in Guatemala City, one particular thing struck me. Every venue that allowed me to pay by card also greeted me with the option of contactless payment. Readers from the U.S. won’t bat an eyelid at this, but, as a person […]
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