TLA Times | March 24, 2020


Business and finance apps popular in Latin America, study finds

Latin American users have the highest retention rates for financial and business apps, App Developer Magazine reports. After the first day of installation, 9.4% continued to use the apps, according to Adjust global app benchmarks data. The retention rate for business and finance apps is much lower than for example, gaming apps. Details


Telefonica, TIM announce joint bid for Oi’s mobile business

Telefonica Brasil and TIM Participações are trying to buy the mobile phone business from bankrupt Oi, Reuters report via Yahoo Finance. Oi filed for bankruptcy in 2016 and in December said it had hired advisers to value the mobile business. Telefonica is a unit of Spain's Telefonica. TIM’s parent company is Telecom Italia. The two Brazilian units have joined forces before. Late in 2019, the two singed deals to share their 2G, 3G and 4G networks. Details


Belize trade mission visits Florida to strengthen business ties

Belize and Florida have a long relationship in trade and development. And in an effort to strengthen that relation, a Belize delegation visited Tallahassee, Florida, Breaking Belize News reports. The Belize delegation met with top officials of the Sunshine State to discuss investment opportunities and promoting market access. A return visit from a Florida delegation is scheduled for September. Details


Innovators find a way to turn pesky seaweed into a business

A million tons of sargassum seaweed settled on Mexico’s toney Caribbean beaches last year. But, the Raconteur reports that a team of researchers from Polytechnic University of Quintana Roo has come up with promising uses for the seaweed. The seaweed is high in sodium alginate, which is used in pharmaceuticals. The seaweed also shows promise for biofertilizer. Details


German businesses offered opportunities in southern Mexico

German business representatives were pitched on opportunities in southern and southeastern states, Prensa Latina reports. Officials representing the states Campeche, Chiapas, Guerrero, Tabasco, Veracruz, Yucatan and Quintana Roo provided details in the interoceanic corridor and related to the Mayan Train. The area provides 19% of the country's GDP. Details



Hunker down at the Turtle Inn in Belize

We get it. Nobody is going anywhere for a while. But when traveling comes back, the Turtle Inn in Belize is a wonderful spot. It is one of the “hideaways” started by Hollywood legend Francis Ford Coppola and his family. Located at a tip of a peninsula in a Caribbean fishing village, Turtle Inn offers a first-class spa, a dive shop and two infinity swimming pools. Details
GDP pct. growth in Guatemala




Source: data.worldbank.org

Currency | Per US Dollar









Figures from Mar. 24, Source: www.xe.com

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