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Caribbean Nations Seek to Benefit from Cuba’s ICT Growth

Caribbean Nations Seek to Benefit from Cuba’s ICT Growth

By Narayan Ammachchi As Cuba’s ICT infrastructure looks set for sudden growth, the Caribbean Community (CARICOM) is seeking to become involved in its developmental programs and thereby extend that growth to other countries in the region. With that goal in mind, CARICOM ...

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Honduran Banking Group Acquires Citi’s Nicaraguan Unit

Honduran Banking Group Acquires Citi’s Nicaraguan Unit

By Narayan Ammachchi Grupo Financiero Ficohsa, the financial group of Honduran Capital with headquarters in Panama, has agreed to fully acquire Citibank’s consumer banking unit  in Nicaragua. Financial details of the deal have not been disclosed. This is the second ...

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TMF Group Buys PricewaterhouseCoopers’ Brazilian BPO Unit

TMF Group Buys PricewaterhouseCoopers’ Brazilian BPO Unit

By Narayan Ammachchi U.S. professional services firm PricewaterhouseCoopers (PwC) has sold its Brazilian outsourcing arm Apriori to the TMF Group, apparently to phase out BPO operations and focus on consulting services. Amsterdam-based TMF says the acquisition will increase the “breadth and ...

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