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...

Zona Francas Leads Exports in Nicaragua

NICARAGUA NEWS- "Zona Francas", the free zone regime in Nicaragua is now the leader in exports of goods and services in the country, with foreign sales of over 2.19 billion dollars annually. Just last year,...

Nicaragua Has Surplus of Cow’s Milk

TODAY NICARAGUA - Improved productivity and increased industry inventory due to fears of the drought affecting production have led to an oversupply which processing plants are finding difficult to cope with. Although the dairy sector...

Lease of Unused Land Could Be An Alternative Solution

TODAY NICARAGUA | Leasing plots of land in the country that are not being used could be an alternative for owners who do not have the resources nor the technology to exploit them. Nicaragua has...

Nicaragua Annual Inflation 2.75% in August 2015

  TODAY NICARAGUA - In August, the CPI registered a negative variation of 0.01%, accumulating so far this year inflation of 1.34%, well below the 5% measured in the same period in 2014. From a report...

Nicaragua Economic Situation up to March 2015

(TODAY NICARAGUA) Economic activity continues to grow at an average annual rate of 4%, driven by the performance of sectors of Trade, Construction and Transportation and Communications From the report "State of the Economy Outlook"...

Electronic Banking in Nicaragua

TODAY NICARAGUA - As of April 21, 6 Nicaraguan banks began offering services for making electronic money transfers. The six banks are part of the ACH network, an entity authorized by the Central Bank of...

Nicaragua: International Cooperation Taxes for Private Companies

NICARAGUA NEWS -- With the reform of the Tax Coalition Act only international cooperation funds for projects agreed by the Executive will be exempt from taxation. The project to amend the Law on Tax Coalition...

Taxes on Textiles and Footwear Companies in Nicaragua

NICARAGUA BUSINESS NEWS - The amendment to the Law on Tax Coalition sent by the Executive to the Assembly repeals the exemption from VAT on domestic production of clothing and footwear. If the reform is...

New Cargill Plant in Nicaragua

TODAY NICARAGUA - Cargill has started construction of a processing plant and refrigerated warehouses which in ten years could be producing 400,000 birds per day. From a statement issued by Cargill Meats Central America: Cargill de...

Managua Chosen As One Of Five Hyatt Place Hotels in Central America

NICARAGUA BUSINESS NEWS - Managua is one of five Central American cities chose by Hyatt Place top-performing brand hotels that is rapidly expanding throughout the Americas and is becoming a favored option among travelers...

Nicaragua Increased Export Quotas for Taiwan

(TODAY NICARAGUA) The private sector proposes to negotiate with the government of Taiwan an increase in the export quotas for products such as peanuts and sugar. Exporting companies will be proposing to the government of...

Fluid Milk Exports Grow

TODAY NICARAGUA - So far this year 21.8 million kilos of liquid milk have been exported, 9 million more than in the same period of 2014. Sales of various presentations such as skim milk, low-fat,...

Nicaragua: Lala Dairy Plant Opens

TODAY NICARAGUA - The new plant belonging to the Mexican dairy company Lala has capacity to process 300,000 liters of milk per day and will change the Central American dairy market. Javier Chamorro, Executive Director...

New Industrial Park in Masaya

(TODAY NICARAGUA) An industrial park has been inaugurated which has 55,000 square metres dedicated to the production of textiles in the Siglo XXI free zone, in Niquinohomo, in the department of Masaya. The US$20 million...

Shortage of Meat for So Many Slaughterhouses

(TODAY NICARAGUA) -- The commissioning of the plant belonging to the Mexican SuKarne has once again brought to the fore the problem of smuggling of live cattle both to Costa Rica and to Honduras. An...

Incesa Moves Costa Rica Production To Nicaragua

TODAY NICARAGUA - Incesa Standard is moving its Costa Rica manufacturing operations to Nicaragua, generating more employment in the country. The company said it is closing its Costa Rica plant due to high production costs,...

Colombian Company Buys Sugar Mill in Nicaragua

NICARAGUA BUSINESS NEWS -- The Colombian sugar company Mayagüez has acquired a 60% stake in Casur Sugar Holdings, in the department of Rivas Casur has 1,900 employees, and can grind 645.185 tonnes of cane, producing...

Nicaragua State Bank Will Be Of Mixed Capital

TODAY NICARAGUA - The government of Nicaragua has authorized the issuance of shares of the Banco de Fomento a la Producción to incorporate private partners to the entity and turn it into a joint...

LATEST

In Latin America, is there a link between abortion rights and democracy?

Three-quarters of all abortions in Latin America are performed illegally, putting the woman’s life at risk. Together with Africa and Asia, the region accounts...

Venezuelan Subsidiary in Nicaragua May Face Sanctions from US

A prominent activist fighting the Maduro regime in Venezuela has asked the United States government to investigate Alba de Nicaragua S.A. (Albanisa), a subsidiary...

Images Of The Effects of Nate in Nicaragua

The persistent rains that Tropical Storm Nate caused in Nicaragua, affected many areas of the North Caribbean, Chontales and in the municipalities located in...

Nate Wreaks Havoc in Nicaragua

Moving up from Costa Rica, Tropical Storm Nate’s arrival in Nicaragua followed two weeks of near-constant rain that had left the ground saturated and...

Nicaragua’s Private Sector Lobby Gets Into Gear to Stop US Economic Sanctions

The American Chamber of Commerce of Nicaragua (AmCham) is taking measures to prevent the US government from placing economic sanctions on the country similar to those targeting the Venezuelan regime of Nicolás...

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...

Allegations of Nicaragua, Venezuela Complicity in FARC Money Laundering Resurface

(InsightCrime) Recent testimony before the US Senate revived allegations that a Venezuela-owned company in Nicaragua may have laundered money for Colombia's demobilizing FARC guerrillas,...

Nicaraguan man’s guilty plea wraps up old drug money-laundering case

A dual citizen of the United States and Nicaragua who evaded authorities for nearly two decades pleaded guilty Wednesday in New Orleans to his...

Nicaragua To Join Paris Accord, Leaving Trump Alone With Syria

Nicaragua will reportedly join the Paris climate accord. If it does, it will leave the United States and Syria as the only two nations...

Nicaragua Claims No ‘Cartel’ Presence, But Past Cases Tell a Different Story

Authorities in Nicaragua are trumpeting their counternarcotics efforts, which they say have kept "cartels" out of the country. But a series of prosecutions of...