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 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...

Grand Canal: Associated Banking Services

TODAY NICARAGUA - Promerica Group has proposed to the concessionaire of the project HKND the opening up of bank branches along the Canal and the provision of other financial services during the execution of...

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,...

Export Potential of Footwear Sector in Nicaragua

NICARAGUA NEWS -- The country wants to take advantage of the tariff preferences it has to export shoes to the United States and the European Union so as to attract foreign investment to the...

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...

Nicaragua New Plant Producing Coffee Seedlings

A subsidiary of Mercon Group is preparing to produce more than 10 million coffee seedlings per year to meet demand from local producers. In partnership with the Guatemalan company Pylons Antigua, the company Transplanta, belonging...

Nicaragua 2014 Stock Exchange Up 43%

TODAY NICARAGUA - Last year the amount of transactions recorded was US$997 million, with highlights including 32% growth in trading in the primary The good performance of the Nicaraguan economy has been accompanied by a...

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...

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 Starts Survey On Canal

NICARAGUA NEWS (MENAFN - AFP) A Chinese firm hired to dig a canal across Nicaragua linking the Caribbean and the Pacific said it has begun assessing property and land that will have to expropriated...

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"...

LAFISE Bancentro Aims To Be First Nicaragua-Based Bank in South Florida

NICARAGUA NEWS -- Banco LAFISE Bancentro aims to be the first Nicaragua-based financial institution in South Florida. Nicaragua's largest bank filed an application on Oct. 24 with Federal Reserve Bank of Atlanta to establish...

Nicaragua: Bank Credit Up 21.5%

NICARAGUA NEWS -- At the end of June the credit portfolio of the banking system recorded an increase of 21.5%, with loans to the commercial sector, personal and industry seeing the most demand.Despite being...

Nicaraguan Tobacco for China

TODAY NICARAGUA - Increasing the amount of land planted, consolidating markets where there is already a presence and exporting cigars to China are part of the tobacco industry's goals for 2015. It is expected that...

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...

Mexico’s LALA Ready to Start Production in Nicaragua

TODAY NICARAGUA - The main dairy producers and exporters in the region are preparing for the beggining of operations in Nicaragua by the Mexican dairy plant Lala. It is expected that by early 2015 the...

Nicaragua Comprehensive Livestock Plant

(TODAY NICARAGUA) The comprehensive livestock plant belonging to the Mexican company Sukarne is currently processing between 180 and 200 cattle per day, and expects to process about 180 thousand a year. The local livestock sector...

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...

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...