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...

More Supermarkets and Convenience Stores

(Today Nicaragua) The number of convenience stores in the country is growing in response to increased purchasing power and a gradual change in consumption patterns. The number of supermarkets operating in the country increased from...

Nicaragua’s Coffee Exports Have Less Value

(Today Nicaragua) At the end of August the volume exported in the 2015/16 harvest went up by 7% compared to the same period in the previous cycle, however there was a drop of 5%...

An Industrial Policy for Nicaragua

(Today Nicaragua) A strategy focused on increasing competitiveness by reducing production costs and facilitating the creation of added value is what industrial enterprises have asked for. Improving training in the use of new tools and...

LATEST

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...

U.S. Considers Nicaragua Sanctions for Venezuela links

The Venezuelan opposition met with members of Donald Trump’s administration last week to urge the White House to sanction Nicaragua and a company whose...

Rosario Murillo: La Heredera (The Heiress)

Rosarion Murillo, the "eternally loyal" to her husband and political partner, Daniel Ortega. In a profile by Confidencial in October 2016, before her election as...

Nicaragua: “Enhancing” the Dictatorship?

(HAVANA TIMES) - Nicaragua doesn’t need to enhance the Family-State-Party system to install a new dynasty. It needs to dismantle it. 1) The phantom of...

Nicaragua Bishops: Profound Electoral Reform Needed

(Agenzia Fides) - The Nicaraguan Bishops 'Conference (CEN) gathered at the annual plenary Assembly from 13 to 15 November to learn and share the...

The Hague Court Admits Colombia Countersuit Against Nicaragua

The International Court of Justice (ICJ) at The Hague accepted two countersuits presented by Colombia against Nicaragua, in the framework of the process of...

How Nicaragua is becoming a renewable energy paradise

“First came the wind, then water, water everywhere. At first we wanted to stay and protect our things, but then we panicked.” Patricia Martinez can...

Immigration Status Unsure for Nicaraguans In The U.S.

On Monday, the U.S. Department of Homeland Security (DHS) said it would terminate the status for some 2,500 Nicaraguans in January 2019, making the...

Nicaragua Government Condemns Violent Actions in Local Elections

The Nicaraguan government emphatically condemned today the isolated actions of violence that took place in the country around the municipal elections, in spite of...

Nicaragua Climate Politics In Hot Water Over Canal Plan

(Reuters) Shaking off its climate change “pariah” status alongside the United States and war-torn Syria, Nicaragua took the plunge and joined the Paris Agreement...