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Home »  » Business (Page 5)

Panama Canal unions demand external inspection of locks after leaks revealed

Panama Canal unions demand external inspection of locks after leaks revealed

Seven unions representing Panama Canal workers on Wednesday demanded an "independent" external inspection and audit of the third-locks project, the centerpiece of a $5.25 billion expansion of the interoceanic waterway,…

$50 billion Chinese canal project in Nicaragua to be further delayed

HK Nicaragua Canal Development Investment Group (HKND), a Chinese infrastructure firm, announced Wednesday that it was delaying the construction of a $50 billion canal across Nicaragua to late 2016, but…

CNFL considering appeal, wants full rate hike of 35.56 percent: report

CNFL considering appeal, wants full rate hike of 35.56 percent: report

The increase approved by regulators on Monday is only about half of the 35.56 rate hike that CNFL had requested, and the company is considering appealing the regulator’s decision and…

Regulators approve 18.6 percent hike in electric rates for CNFL customers

The Regulatory Authority for Public Services (ARESEP) on Monday approved an 18.6 percent price increase in electricity rates paid by some 520,000 customers of the National Power and Light Company…

Behind with the IRS? Americans could soon find their passports revoked

The US Congress is expected to enact a law denying or revoking passports for US citizens that owe money to the Internal Revenue Service (IRS), the Wall Street Journal reported…

Costa Rica regulator rejects request to more than triple vehicle inspection fees

Costa Rica regulator rejects request to more than triple vehicle inspection fees

Costa Rica’s Regulatory Authority for Public Services (ARESEP) has rejected a request made last week by Riteve (RTV), the company that holds the government concession to provide annual mandatory motor…

Costa Rican president inaugurates Torito Hydroelectric Plant

Costa Rican President Luis Guillermo Solis and the chairman of Spanish multinational utility Gas Natural Fenosa, Salvador Gabarro, inaugurated a 50 MW hydroelectric power station on Friday.…

China’s heft brews discomfort in Latin America

Over the past decade, China has pumped billions of dollars into countries across Latin America, diversifying its own investment portfolio while dipping into the region’s pool of raw materials like…

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