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 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...

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...

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...

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...

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...

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,...

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 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"...

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...

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...

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...

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 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

Real Estate Boom in San Juan del Sur

US$200 million is the figure by which investment in real estate development is estimated to increase between this year and next in the nicaraguan...

Canadians Seek Business in Nicaragua

A group of entrepreneurs from Canada will be visiting the country to explore business opportunities in different areas and present an investment plan for...

Nicaragua: No. 8 In The World’s Best Places to Retire in 2018!

“Where should I retire?” This is the question we hear most often at International Living, and every January we give you our most definitive...

Nicaragua’s “Containment Wall”

(IPS) - Nicaragua’s “containment wall”, aimed at bolstering internal security, has been successful with regard to the fight against transnational crime. But its...

Nicaragua Shelves Canal, Promises Port

Of late there has been little or nothing about the Interoceanic Canada project or Grand Canal in Nicaragua, as the Ministry of Transportation and...

Nicaragua to Pay Costa Rica for Environmental Damage

THE HAGUE – The International Court of Justice ordered Nicaragua on Friday to pay Costa Rica $378,890 for environmental damages caused by its troops...

Fuente Will Once Again Make Cigars in Nicaragua

Arturo Fuente, known for its Dominican cigars, has announced plans for a new cigar factory in Estelí, Nicaragua. It is called “Gran Fabrica de...

Forget Costa Rica — here’s Central America’s new star

(NYPost.com) New Yorkers rarely stop to rest. Last year, I diagnosed myself with chronic over-scheduling: 12-hour work days and social events that led to...

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...