Market diversification, continue serving the portfolio of 67 potential projects foreign direct investment, promoting public investment and creating laws to generate better conditions are aspects that the Government listed as part of the measures to continue promoting economic growth, exports, foreign direct investment, as well as infrastructure and social aspects. The President of the Republic,...
The recent update of the report on the Estimation of tax expenditure in Guatemala indicates that it amounted to Q22,586 million in fiscal year 2025, equivalent to 2.4% of GDP. The main fiscal benefits corresponded to the value added tax (VAT), with Q15 thousand 164 million, equivalent to 1.6% of the GDP, and the income...
Twenty-five years ago, low-cost Chinese goods flooded the U.S. market, contributing to the loss of 3 million factory jobs and upending U.S. policy. a phenomenon known as the “Chinese shock.” Now, a second chinese shock is reverberating across Europe, Southeast Asia, Africa and Latin America, raising fears of further deindustrialization and political unrest. Last week,...
Saint Lucia Lottery held this Sunday, July 19, Extraordinary Draw No. 413 in their offices located in zone 1 of Guatemala City, where they were distributed Q15 million 782 thousand 200 in prizes, according to the Benemérito Committee for the Blind and Deaf of Guatemala. Representatives of the Comptroller General of Accountshe Ministry of the...
The fuel prices increased again in Guatemala and the diesel became the product with the greatest impact for consumers, especially due to its importance in the supply chain, being located in Q39.59 per gallonvery close to the Q40. Only during this week they registered two incrementsMonday and Thursday. According to information confirmed by the Ministry...
Guatemalan consumers of gasoline, diesel and other petroleum products they paid US$601 million moreequivalent to about Q4.6 billion, due to the import of these products, mainly from refining plants in the United States, compared to 2025. This means that the country does not record savings in paying the oil bill, but instead allocates more foreign...
The objective of these benefits is to provide continuity to the Development Route with financial, social, digital and climate resilience scope. MAC Génesis regulated, non-profit entity, established to accelerate the development of Guatemalans, promoting inclusion with financial health, manages under principles of transparency and good practices, is specialized in savings, credit, insurance and assistance, to...
The Interoceanic Consortium of Guatemala began the development of the San Jorge International Logistics Centerthe first phase of a project that seeks to position the country as a regional hub for trade and logistics. The initiative plans to move cargo between the Atlantic and the Pacific in about 4.5 hours and compete for part of...
Five weeks before it starts the obligation to sell gasoline mixed with 10% ethanol for the final consumer, There is still no protocol to receive claims or complaints or to technically verify possible damages, as well as determine or delimit responsibilities in the supply chain, according to the Consumer Defense Commission of the Congress of...
In terms of market share, SAM also stands out globally. Between January and June of this year, Volkswagen reached a 12.2% market share in the region, the second highest for the brand in the world, only behind the “Germany Region” (15.4% in the first half), since Volkswagen’s global sales strategy considers Germany as an independent...