The Costa Rican Ministry of Health has issued three important provisions for companies and professionals involved in managing health-related products: Reactivation of Rejected Applications: The Directorate of Health-Related Products Regulation will assess, on a case-by-case basis, the reactivation of previously rejected files with duly submitted appeals. The decision will take into account the ease of…
Category Archives: News
08
Aug
Aug
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Inflation outlook: The Central Bank projects inflation returning to the 3% ±1% target range by early 2026. Read more Competitiveness agenda: Private sector promotes reforms…
01
Aug
Aug
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Economic growth outlook: The Central Bank revised its 2025 growth forecast to 3.8%. Read more Export growth: Goods exports increased 14% in the first half…
Banking & Finance, Blog, El Salvador, News
BLP advises BofA Securities, Inc. on the first international debt issuance by an autonomous institution in El Salvador
30
Jul
Jul
BLP advised BofA Securities, Inc., as initial purchaser, in the international R144A bond issuance carried out by the Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL), which was backed by a sovereign guarantee from the Republic of El Salvador. This transaction marks a milestone in El Salvador’s financial market, as it represents the first international bond…
28
Jul
Jul
On July 24, the Costa Rican General Directorate of Taxation (DGT) published 16 administrative resolutions related to the implementation of TRIBU-CR and the new tax compliance forms and procedures: Resolution Title MH-DGT-RES-013-2025 Regulation on the Registration and Update of Data for Inactive Legal Entities and Informative Return for Inactive Legal Entities MH-DGT-RES-014-2025 Regulation on the…
Blog, Guatemala, Intellectual Property, News
New SNAP-GT platform modernizes and streamlines sanitary procedures in Guatemala
28
Jul
Jul
The Ministry of Public Health and Social Assistance of Guatemala (MSPAS) has officially launched the SNAP-GT platform, a new digital tool designed to centralize and streamline health regulatory processes in the country for the processed (prepackaged) food sector. This system will enable a range of procedures related to sanitary registrations, licenses, and authorizations to be…
Blog, Costa Rica, Energy & Infrastructure, Guatemala, News
BLP advised IDB Invest and CABEI on a landmark sustainable educational and sports infrastructure project in Guatemala, the first in Central America to obtain the Fast-Infra label verification.
18
Jul
Jul
The San Cristóbal Green Academics and Sports Campus (CSC) project, led by Fundación Montesquieu and its subsidiaries Corporación Educativa Montesquieu and High Learning Operations, marks a milestone in the region’s social infrastructure. With a total investment of US$60 million, the campus will feature more than 29,000 m² of facilities to serve 1,400 preschool-to-high school students,…
Blog, Guatemala, Intellectual Property, News
A new agreement aims to expedite patent grants in Guatemala
15
Jul
Jul
During the General Assemblies of the World Intellectual Property Organization (WIPO), the United States Patent and Trademark Office (USPTO) and the Intellectual Property Registry of Guatemala (RPI) signed a letter of intent to implement the Accelerated Patent Grant (APG) program. This program will allow applicants who already hold a granted U.S. patent to expedite the…
Blog, Business Law, Costa Rica, Environmental, Social and Governance (ESG), Labor & Employment, News, Real Estate & Hospitality, Tax
BLP advises on the acquisition of the iconic Tabacón Thermal Resort & Spa in Costa Rica
11
Jul
Jul
BLP advised the shareholders of Inversiones Turísticas Arenal S.A., owner of the renowned Tabacón Thermal Resort & Spa located in La Fortuna, Alajuela, on the sale of 100% of the company’s shares to Pursuit Attractions and Hospitality, Inc. This transaction marks the entry of a new institutional player into Costa Rica’s tourism sector, reinforcing confidence…
Blog, Guatemala, Insurance & Reinsurance Law, News
New Regulation on the Registration of Insurance, Reinsurance, and Independent Adjuster Intermediaries
11
Jul
Jul
On February 18, 2025, Resolution JM-24-2025, issued by the Monetary Board, was published in the Diario de Centro América, approving the Regulation on the Registration of Insurance, Reinsurance, and Independent Adjuster Intermediaries (hereinafter, the “Regulation”), included in the annex of said resolution. This new regulation replaces Resolution JM-13-2011, which previously governed the registration of insurance…