Some of the best moments of Nearshore Nexus ’13 happened on the fly – during networking breaks, on the way to sessions, in hallways, at lunch or during our closing “Nexus After Dark” reception. Our team has gathered the best photos from those moments here in one album on our Facebook page – take a look and recall the great memories!
View Slideshow: Business Networking at Nearshore Nexus
Rising Wages and Inflation Damage the Luster of Costa Rica
April 23rd, 2013
Stream’s Salazar: “Almost impossible” finding talent at right price
Out of nowhere, Costa Rica is described as “another Puerto Rico”
By Narayan Ammachchi
Rising wages and inflation are threatening to undermine Costa Rica’s outsourcing sector, with several outsourcing firms scaling down operation and fleeing to cheaper locations. Costa Rica has the highest rate of inflation in all of Central America and the country’s currency Colon too has continued to rise against the US dollar. Inflation in February was 6.52 percent, the highest since 2009 and beyond the central bank’s target of 5 percent, according to Bloomberg.
President Obama Schedules Visits to Mexico and Costa Rica
March 28th, 2013By Narayan Ammachchi
President Obama is set to visit Mexico and Costa Rica in the first week of May to strengthen economic ties.
“This trip is an important opportunity to reinforce the deep cultural, familial, and economic ties that so many Americans share with Mexico and Central America,” states the press release from the White House.
Obama will meet his Mexican counterpart President Peña Nieto and discuss ways to deepen the economic and commercial partnerships with the two countries. In Costa Rica, the President is slated to meet with President Laura Chinchilla, as well as heads of state of the other Central American countries and the Dominican Republic.
“The trip will be an important chance to discuss our collective efforts to promote economic growth and development in Central America and our ongoing collaboration on citizen security,” stated the White House.
By Narayan Ammachchi
HP is gearing up to relocate a part of its global services center in Costa Rica to the Indian city of Bangalore, leaving 400 people jobless. The U.S. tech giant has not explained what caused its decision, but analysts believe rising wages and dwindling English-speaking workforce in the Central American country has long been a concern for the Silicon Valley company.
Announcing the Power 50 2013: The Real Operators
March 25th, 2013
Members of the third annual Nearshore Americas Power 50 Ranking – announced here today – demonstrate the real character of this emerging, chaotic and scrappy young industry. The ranking, which is the result of a five-month nomination and review process, strives to bring to light the spark and inspiration that powers the Nearshore business community. The list is remarkable for several reasons.
The Best Beers of Latin America: Imperial, Polar, Cristal, El Aguila or Something Else?
March 15th, 2013
By Marnely Rodriguez-Murray
When it comes to beers, Latin America and its surrounding regions know a thing or two about it. Whether they’re drinking the beers at home with family around a homemade meal or they’re chugging it while watching the latest soccer game, it’s one of the preferred beverages and below we’re showcasing some of the most popular beers of the region.
Argentina: Quilmes
One of South America’s most popular beers, if not THE most popular, Quilmes is brewed in Buenos Aires and is the official sponsor to Argentina’s football team, the Albicelestes (sky blue and whites). If you’ve seen a bottle of Quilmes, you’ll know the beer’s colors are sky blue and white as well. Founded in 1888 by Otto Bemberg, a German immigrant. Their …
By Narayan Ammachchi
Although it hasn’t ocurred overnight, international air carriers are beginning to get very focused on making Latin America a key part of strategic growth plans. The data continues to show strong demand for flights from the U.S. into Latin America and the Caribbean, and carriers from JetBlue to venerable American Airlines are taking note.
Infosys to Support P&G at New Shared Services Site in Costa Rica
March 14th, 2013
BY STAFF REPORT
Indian outsourcing giant Infosys has expanded its footprint in Latin America by officially opening a new shared services delivery center in the capital of Costa Rica.
Laura Chinchilla Miranda, President of Costa Rica who inaugurated the facility, stated that the Infosys expansion recognizes the competitive advantage her country offers.
The shared center, employing more than 100 workers, will provide services in strategic sourcing and procurement for Procter & Gamble, the global consumer packaged goods company.
Infosys stated that it would use its base in Costa Rica to offer to its global clients a whole range of BPO services in areas including finance and accounting, human resources management, analytics, legal processes, customer relationship services, marketing, and supply chain management.
“The high quality of the universities, as well as the strong political and business leadership in Costa Rica will …
New York, NY (PRWEB) March 07, 2013
For four years in a row, the U.S. has declined in global competitiveness rankings. The decline is part of a larger problem that many U.S. business leaders are increasingly worried about: If Washington can’t work out its problems how can I as a business leader find innovative human capital and technology solutions to make my business more competitive?
This is one of the central questions being addressed at the 2013 Nearshore Nexus executive conference, where business leaders come together to assess how to improve efficiency, accelerate technical innovation and gear their businesses to be globally ready. The Nexus conference is designed to generate business-specific knowledge and dialogue about the opportunities, risks and advantages of developing strategic relationship in Latin America and the Caribbean.
Keynoting Nearshore Nexus is well-regarded New York Times columnist Joe Nocera, who will deliver …
Nexus 2013: An Unstable U.S. Seeks the Steadiness of Latin America
February 25th, 2013
Nearshore Nexus – the premiere conference for the exploding world of Latin America and Caribbean IT innovation and accelerating business process services – is returning to the New York City area on April 24 and we’re extending a special offer for IT, procurement and sourcing decision-makers to join us!
Nexus is calling on outsourcing ‘buyers’ (corporate or small business executives in IT, finance, procurement, or sourcing) to participate in this very special, very exclusive conference. We are offering a 25% ‘early bird’ discount for buyer executives. Go here to request an access code invitation to Nexus, and we’ll process your request. (Buyer executives can come from any nation in the Americas, or from any other part of the world, for that matter.)
Going on its third year of operation, Nexus is specifically designed to harvest the best ideas and brightest opportunities …
