ESG (Environmental, Social, and Governance) practices are becoming increasingly important. These three pillars, ranging from environmental sustainability and social responsibility to ethics in corporate governance, represent a change in how companies evaluate and conduct their operations. ESG practices are not just isolated or complementary initiatives. They are becoming essential components of business strategy. Their integration…
Category Archives: Guatemala
25
Jan
Jan
As of February 11, 2024, the Ministry of Foreign Affairs will charge a fee for the issuance of apostille or legalization certificates of documents. On January 13, 2024, Government Agreement No. 250-2023 was published in Diario de Centroamérica, authorizing the Ministry of Foreign Affairs to charge Q. 150.00 for each Apostille document or certificate of…
Analysis, Blog, Environment, Health & Safety, Environmental, Social and Governance (ESG), Guatemala
ILO Convention 169: Barrier to Infrastructure in Guatemala?
17
Jan
Jan
Convention 169 on indigenous and tribal peoples, promulgated by the International Labor Organization (ILO), stands as one of the most emblematic instruments in the protection and recognition of human rights at the international level. Adopted in 1989, this treaty seeks to change the historical narrative of marginalization and exclusion that indigenous peoples have faced, giving…
Analysis, Blog, Environment, Health & Safety, Environmental, Social and Governance (ESG), Guatemala
Corporate Balance: Legal Protection of Minority Shareholders
16
Jan
Jan
Corporations, as essential economic engines, are not only structures for investment and capital growth, but are also scenarios for human relations and rights. Within them, we find a diversity of shareholders, from those who own large portions of the shares to those who have a more limited participation. The latter, known as minority shareholders, are…
Analysis, Blog, Environment, Health & Safety, Environmental, Social and Governance (ESG), Guatemala
Sowing Opportunities: The Potential of Agriculture in Guatemala
11
Jan
Jan
Agriculture, in the heart of Guatemala, is intertwined with the country’s history, traditions and economic aspirations. Over the centuries, from ancient Mayan civilizations to modern farmers, Guatemalan lands have witnessed crops that have fed and clothed generations. This sector has not only sustained the national economy by being a primary source of exports, but has…
Analysis, Blog, Costa Rica, El Salvador, Guatemala, Honduras, Labor & Employment, Nicaragua
Central American Holidays 2024 guide is now available
10
Jan
Jan
At BLP, we understand the importance of efficient planning for Human Resources managers. That is why we present to you our valuable guide to work holidays designed specifically for each country in Central America. With our guide, you will gain access to detailed information on holidays in the region, giving you a clear view of…
20
Dec
Dec
Guatemalan Government published Agreement No. 307-2023, in Diario de Centroamérica on December 19, 2023, making official the minimum wages by sector to take effect on January 1, 2024. 1. Department of Guatemala (Economic District 1) Employment sector Day shift Mixed shift Night shift Daily pay Monthly pay Incentive pay Monthly total Agricultural Q.13.39 Q.15.30 Q.17.85…
Analysis, Blog, Environment, Health & Safety, Environmental, Social and Governance (ESG), Guatemala
Water: The Urgency of Establishing an Effective Regulatory Framework
19
Dec
Dec
Water, essential for human existence, agriculture, and industry, has always been a natural resource of an incalculable value. In the Guatemalan context, although there are indeed legal provisions for the protection and management of water, we face significant challenges in their implementation and adaptation. First, we observe a lack of consistent and consistent application of…
Analysis, Blog, Free Trade Zones, Guatemala
Eliminate Free Trade Zones: A Legal and Economic Mistake?
11
Dec
Dec
For a long time, economic policies have had to find a balance between the immediate needs of the State and the long-term development of the nation. In that regard, free trade zones (FTZs) have emerged as a strategic solution in many countries. For decades, these zones have been the basis of multiple economic and legal…
05
Dec
Dec
The Directorate of Consumer Attention and Assistance (DIACO), a dependency of the Ministry of Economy of the Republic of Guatemala, is the authority in charge of any administrative sanctions derived from the dissatisfaction of consumers of products or services through administrative complaints. The Consumer and User Protection Law (CUPL) and its respective regulations establish a…