Category Archives: News

Business Law Perspectives – July 25 to 31, 2025 Edition

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…

BLP advises BofA Securities, Inc. on the first international debt issuance by an autonomous institution in El Salvador

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…

DGT Issues Key Resolutions Ahead of TRIBU-CR Implementation

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…

New SNAP-GT platform modernizes and streamlines sanitary procedures in Guatemala

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…

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.

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,…

A new agreement aims to expedite patent grants in Guatemala

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…

New Regulation on the Registration of Insurance, Reinsurance, and Independent Adjuster Intermediaries

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…

Investment Opportunity in Energy: Honduras Launches 1,500 MW International Tender

The National Electric Power Company of Honduras (ENEE) has launched a landmark International Public Tender for the procurement of 1,500 MW of firm capacity, with the goal of ensuring the country’s energy security through 2030. This ambitious initiative will be carried out through a reverse auction mechanism with successive rounds, designed to enhance market competitiveness, attract…

BLP advised IFX on the acquisition of Luminet

BLP advised IFX Networks on the acquisition of Luminet, also known as CRISP (Costa Rica Internet Service Provider S.A.), a Costa Rican company specializing in internet services and fiber optic connectivity, with more than 15 years of experience in the development and implementation of telecommunications projects.  This transaction allows IFX to strengthen its position in…