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Moody’s Warns Growth of LATAM’s Middle Class is Slowing

Moody’s Warns Growth of LATAM’s Middle Class is Slowing

By Narayan Ammachchi After a steady rise during the past decade, Latin America’s middle class growth is slowing, thus negatively affecting both consumption and investment, according to a study by U.S. credit rating agency Moody’s. Among the worst affected companies will ...

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Panama Looks to Suspend Importation of Foreign Workers

Panama Looks to Suspend Importation of Foreign Workers

By Narayan Ammachchi Panama is likely to close its doors to foreign workers after political parties and labor unions expressed concerns over the growing influx of undocumented migrant workers. The upcoming Columbus Day on October 12 will see the last fair for ...

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Southwest Airlines to Launch Daily Flights to Costa Rica

Southwest Airlines to Launch Daily Flights to Costa Rica

By Narayan Ammachchi U.S. carrier Southwest Airlines has announced plans to launch daily flights to Costa Rica, its first Central American destination. The Dallas-based carrier said it has applied for permission to fly from Baltimore the Costa Rican capital San ...

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