Nicaragua Cocoa Production to Grow 25% in 2018

The cacao producers union is planning to produce this year close to 1,500 tons of cocoa, 25% more than the production recorded at the close of 2017. Last year the export value went down 4%,...

Growing Call Center Market in Nicaragua

Concentrix announced that the company will be expanding its operations in Managua, where it has operated a call center since 2011. The announcement was made by Vice President Rosario Murillo, who pointed out that the...

More Fast Food in Nicaragua

The Mexican franchise Taco Inn has started operating its first fast food restaurant in Managua, and plans to open five more next year. The franchise of Mexican origin Taco Holding already operates several fast food...

Nicaragua Appliance Imports Down 10%

Between January and September of this year, imports of durable consumer goods such as televisions, washing machines, refrigerators and telephones dropped by 10% compared to the same period in 2016. Figures from the Nicaragua Central...

More Nicaraguan Coffee in Japan

  Exports in the first eleven months of the 2016/17 harvest totaled US$17.6 million, 53% more than anything sold to the Asian country in the 2015/16 cycle. One of the main benefits of exporting grain to...

Nicaragua’s Business Sector Warns of Economic Downturn Should US Relations Crumble

Businessmen in Nicaragua have asked President Daniel Ortega to ease growing tension with the United States, which is reviewing sanctions on the country that could have a major negative economic impact. The business sector spoke out when proposed sanctions against the...

The Investment Climate in Nicaragua According to the US

The US government has highlighted tax incentives and public-private sector dialogue, but warns that deficiencies in the rule of law, and extensive executive control can create significant challenges for those doing business in the...

Nicaragua Automotive Spare Parts Business is Growing

In 2016 the imported value of spare parts for vehicles totaled $37 million, 9% more than the imports recorded in 2015. Figures from the information system on the Auto Parts and Accessories Market in Central...

American Apparel To Be Made In Nicaragua

STODAY NICARAGUA - For the first time in it's 28 year history, American Apparel, The company, which prided itself on being the largest domestic apparel maker, is now producing shirts in Honduras and Nicaragua. Gildan...

Colombia, Central America and the needle trade

TODAY NICARAGUA - Two Colombian textile and apparel sector companies are expanding in Central America, with the expectation of creating some new 1,700 jobs, mostly in Nicaragua, the result of a US$8 million investment...

Proposed U.S. Bill Threatens Nicaragua Call Centers

TODAY NICARAGUA - A proposed bill in the U.S. threatens the operations of call centers from nations like Nicaragua, worrying employers and workers, according to a CNN Español report that says the bill could...

First Real Estate Fund in Nicaragua

TODAY NICARAGUA - The fund managed by Invercasa will focus on acquiring both commercial and residential properties, and the minimum stake will be us$5,000. Sociedad Nicaragüense de Inversión, a subsidiary of Invercasa Group, has received...

Nicaragua Eliminates Tax on Colombian Imports

TODAY NICARAGUA - Goods and services imported from the South American country will no longer incur the "patriotic" tax of 35%, which has been levied since 1999. From a statement issued by the National Assembly,...

Nicaragua Slipped Five Ranks Overall Since 2007 In Global Prosperity Index

TODAY NICARAGUA - Despite a top 40 performance in Personal Freedom and Natural Environment, and rising Economic Quality, Nicaragua has slipped five ranks overall since 2007, according to the Leguatum Prosperity Index. Overall Nicaragua ranks...

New Business Opportunities for Nicaragua and Colombia

TODAY NICARAGUA - Paper and machinery are some of the goods that nicaraguan businessmen plan to import in large amounts with the upcoming elimination of the "patriotic" tax of 35% on colombian products. The decision...

Nicaragua – Ecuador Trade Agreement Approved

TODAY NICARAGUA - Nicaraguan Rum, cigars, seafood, honey, vegetables, beans, timber, medicines and wood furniture will be allowed into Ecuador with preferential tariffs. From a statement issued by the National Assembly of Nicaragua: With 83 votes...

Nicaragua Sees Good Expectations for Bananas

TODAY NICARAGUA - The union reports that in the first ten months of 2016 sales of the fruit abroad increased by 40% compared to the same period in 2015 and in 2017 a 10%...

Nicaragua Orange Exports are Growing

  TODAY NICARAGUA NEWS - In the first ten months of the year orange exports were up 35% in value and 54% in volume compared to the same period in 2015. The improved results, thanks to...

Nicaragua Companies Train their Technicians

TODAY NICARAGUA NEWS- Lack of technically skilled labour is forcing some companies to bear the cost of training their employees. Food technology and industrial electronics courses haven arisen precisely in response to the needs of...

LATEST

5.0 Quake Hits Masachapa, Nicaragua

An earthquake measuring 5.0 on the Richter scale jolted 76km SW of Masachapa, Nicaragua at 19:06:04 GMT on Sunday, the U.S. Geological Survey said. The...

Nicaragua’s Earthquakes

Yes, there are earthquakes in Nicaragua, but generally, they are small ones. In general, the earthquakes that experienced in Nicaragua are so weak that...

Magnitude 5.9 Quake Hits Southwest of Rivas, Nicaragua

The USGS has reported an earthquake of magnitude 5.9 occurring on Tuesday off the coast of Nicaragua and Costa Rica. The earthquake occurred in Pacific...

A Bad Case of Gas: The Community Who See Volcano as an ‘Annoying Neighbor’

Nicaragua is home to dozens of volcanoes, many of which belch out volcanic gases. Sputnik spoke to Dr Evgenia Ilinskaya, a vulcanologist from the...

Nicaragua Cocoa Production to Grow 25% in 2018

The cacao producers union is planning to produce this year close to 1,500 tons of cocoa, 25% more than the production recorded at the...

With US Sanctions Looming, Nicaragua’s Economy Posed for Difficult 2018

It could be a long 2018 for Nicaragua and President Daniel Ortega. The country’s economy may slow down significantly should the United States decide...

Nicaragua: One Of The Best Destinations For a Sunny and Warm January

A country that is looking to get it's share of the Central American tourist business is Nicaragua. Tourism in Nicaragua has grown considerably recently,...

Nicaragua 2018 Economic Outlook

The Central Bank of Nicaragua forecasts that by the end of 2017 the economy will have grown by between 4.7% and 5.2%, and next...

Judges in Nicaragua learn to see the world through the eyes of vulnerable women

ESTELI, Nicaragua – At only 19, Michelle Zeledón, from the north of Nicaragua, has been through a lot. She watched her father beat her...

Nicaragua Remittances Up 10% up to September 2017

In the first nine months of the year, the flow of remittances that came into the country totaled $1,138 million, registering a 10% increase...