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Nicaragua To Spend US$48 million for Sanitation Works

Posted on: Dec 19 2014 - 1:25pm | #0
In: Nicaragua News
Nicaragua Today

TODAY NICARAGUA – The IDB has approved a grant for funding of sanitation and drinking water works in the city of Bilwi, Puerto Cabezas. From a statement issued by the Inter-American Development Bank (IDB): Nicaragua will improve water and sanitation with help from the Government of Spain, European Union and the IDB. More than eleven thousand homes in the city of Bilwi will benefit from the project funded with a grant which will total $48.5 million. Nicaragua will improve the health conditions of the population of the city of Bilwi (Puerto Cabezas) through the expansion and improvement of drinking water, benefiting more than eleven thousand homes with the help of a grant from the Government of Spain approved by the Inter-American Development...

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Mexico’s Grupo Lala Buys Eskimo in Nicaragua

TODAY NICARAGUA – The Mexican group has announced an agreement to acquire all the assets of Eskimo and its subsidiaries in Nicaragua and the rest of Central America, without disclosing the amount of the transaction. Eskimo SA is a food company in Nicaragua which has been operating for more than 72 years. Its main products include ice cream, milk and yoghurt....

Posted on: Dec 18 2014 - 9:21am | #0
In: Business, Nicaragua News
Nicaragua Today
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The Nicaragua Canal May Surpass the Panama Canal

TODAY NICARAGUA (CondeNast Traveler) In this week’s Maphead column, Ken Jennings takes readers to Nicaragua, where the government...

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Spirit Airlines To Add Three Weekly Flights To Managua Starting May 2015

NICARAGUA NEWS — As of May 28, 2015 travelling between the U.S. and Central America will get easier and possibly cheaper, with...

New Nicaragua – Costa Rica Transport Routes

NICA-aduana

TODAY NICARAGUA – The Nicaraguan government is preparing transport concessions which will be granted from 2015 to cover the route that will connect Costa Rica once the Las Tablillas-San Pancho border post is finished. It is expected that in the first three months of 2015 the results will be ready of a study that will determine the number of buses needed to meet the demand of passengers...

Nicaragua Journal

Photo for illustrative purposes

Nicaragua: us$61.5 million for Road to Atlantic Coast

The Inter-American Development Bank has approved a loan of us$61.5 million to improve access by road to the South Atlantic...


Nicaragua: Tax Increase for Non-resident Investors

Posted on: Dec 15 2014 - 9:02am | #0
In: Nicaragua News
Nicaragua Today
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TODAY NICARAGUA – With the reform to the law on Tax Concentration non-resident investors in the country will have to pay 15% instead of 10% on income earned from capital. According to Juan Sebastian Chamorro, executive director of the Nicaraguan Foundation for Economic and Social Development, the new reform “… is a positive thing for the country because it will generate an increase in the collection of such taxes but is a negative blow to natural and legal non residents because the Revenue Department will no longer deduct 10% on capital transfers, but rather 15 %. ” For his part, José Adán Aguerri, president of the Superior Council of Private Enterprise, told Elnuevodiario.com.ni that “… These are technical...

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Growing Military Relations Between Nicaragua and Russia

TODAY NICARAGUA – Why have Russia’s already close military ties with Nicaragua grown stronger in recent years? Brenda Fiegel thinks the answer is a familiar one. By continuing to provide Nicaragua with military aid, Moscow hopes to secure a strategic presence in Latin America once and for all. The article by Brenda Fiegelwas originally published by the Small...

Posted on: Dec 15 2014 - 6:54am | #0
In: Nicaragua Journal
Nicaragua Today

Maradona Says Declares Himself A Friend of Nicaragua, of Daniel Ortega

Posted on: Dec 15 2014 - 1:07am | #0
In: Nicaragua News
Nicaragua Today
Former soccer star Diego Maradona (right) chums it up with President Daniel Ortega last week.

TODAY NICARAGUA – Former Argentine soccer star, Diego Armando Maradona, has declared himself a “soldier” of the president of Nicaragua, Daniel Ortega. “I am a soldier of Ortega”, said Maradona according to the government portal El 19 Digital. Maradona Nicaragua from Wednesday night until Friday morning, meeting with President Ortega and giving the government portal an exclusive interview, which was published on Saturday. “I want to tell Nicaraguans that I want to come back, that they see a friend in Maradona, a friend of Nicaragua, a friend of Ortega and a friend, above all else, of Nicaragua’s struggle,” the Argentine said, according to the report. Maradona confirmed that his visit to Nicaragua,...

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International Tobacco Festival in Nicaragua

TODAY NICARAGUA – On 14 January 2015 the Nicaraguan Association of Tobacco will be organizing a festival in Estelí to promote cigars manufactured in the country and attract tasters from America and Europe. The IV International Tobacco Festival called Puro Sabor Nicaragua 2015 expects the participation of 150 cigar connoisseurs from around the world. Elnuevodiario.com.ni...

Posted on: Dec 12 2014 - 7:45am | #0
In: Nicaragua News
Nicaragua Today
Latest news and features from Nicaragua in English: business, politics,life