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 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...

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...

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...

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 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...

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 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...

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...

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...

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...

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 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...

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...

Nicaraguan vs. Cuban Cigars

TODAY NICARAGUA - The main export market for Nicaraguan cigars could change after an the eventual reopening of trade between Cuba and the United States. Nicaraguan cigars are consumed in over 70 countries worldwide, where...

LATEST

Nicaragua’s Emerald Coast Is the next luxury destination

For the past few years, Nicaragua has been steadily gaining traction as a luxury travel destination, while managing to escape the kitschy reputation many...

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...

Nicaragua Gvt. Approves US$10 million for Electrification

With a loan from OPEC, the second phase of the rural electrification project on the Caribbean coast will be financed. The decree must still be...

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...

Tourists Stay Longer in Nicaragua

In the third quarter of this year tourists who arrived in the country stayed an average of 10.3 days, registering an increase of 15%...

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...