Cambridge Forecast Group Blog

January 2007

IN THIS ISSUE…

– Central America Fertile for Bank Expansions
– Pharmaceuticals in Latin America – The Outlook for Generics – Latin American Logistics Infrastructure-A Strategic Concern for the Chinese

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Central America Fertile for Bank Expansions says InfoAmericas

Miami — InfoAmericas released the preliminary findings of its new study on the state of the retail financial services industry in Central America, composed of the 40 million consumers in the five isthmian republics: Guatemala , Honduras , El Salvador , Nicaragua , and Panama . Central American economies are historically considered too small and too poor to be a cost-efficient market. Collectively they offer excellent opportunities and individual markets are also showing signs of solid potential. On the retail side, InfoAmericas found pent-up demand in all areas of consumer financial services, fueled by a high-velocity flow of dollar remittances and an increasingly sophisticated and bi-cultural consumer.

Pharmaceuticals in Latin America- the Outlook for generics

Pharmaceutical sales in Latin America expanded at a robust pace between 2003 and 2005, racking up a compounded annual growth rate of more than 12%. Brazil led this trend, catching up with Mexico to tie for the region’s largest market. With generics emerging as the key force driving this growth, local and multinational laboratories are reshaping their strategies.

Latin America Logistics infrastructure – A Strategy Concern for the Chinese

China ‘s growth as the factory of the world requires ever increasing amounts of raw materials. Latin America has become a strategic source of raw materials for China ‘s manufacturing process. It is also a supplier of agricultural goods to feed China ‘s 1 billion people.