Germans Companies Exploring Nicaragua Business Opportunities

TODAY NICARAGUA - Seven German companies are visiting the country to explore opportunities in sectors related to hydraulic engineering, energy, transportation, agricultural production and health. A delegation of 10 representatives from seven German businesses will...

Nicaragua Produces More But Earns Less

TODAY NICARAGUA - In 2014 production in the fisheries and aquaculture sectors increased by 28%, but due to low international prices export earnings declined by 8% compared to 2013. Fisheries and aquaculture production in 2014,...

New Nicaragua – Costa Rica Transport Routes

TODAY NICARAGUA - The Nicaraguan government is preparing transport concessions which will be granted from 2015 to cover the route that will connect Costa Rica once the Las Tablillas-San Pancho border post is finished. It...

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,...

Leon, the best city in Central America to obtain building permits

NICARAGUA BUSINESS NEWS -- Looking to build? Then look to León, the city in Central America where is easiest to obtain a building permit according to the World Bank’s Doing Business 2015 Report The reports...

Banana Boom in Nicaragua

TODAY NICARAGUA - An improvement in international prices and an increase in export volumes are responsible for the 282% increase in revenues from banana exports in 2014. Banana export revenues at the end of 2014...

Nicaragua: Inflation 6.43% in 2014

TODAY NICARAGUA - In December 2014, the consumer price index recorded a monthly decline of 0.07%, closing the year at 6.43% above the inflation of 5.67% registered in 2013. From a report by the Central...

Chinese Tycoon Aiming To Boost Nicaragua Helps Spawn Three New Billionaires At Home

NICARAGUA NEWS (FORBES) --Chinese entrepreneur Wang Jing has generated a lot of news around the world for his contoversial plan to lead the investment of up to us$50 billion in the development of a canal...

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: Retention of Income for Cooperatives

TODAY NICARAGUA - As part of the reform to the tax concentration law cooperatives are calling for the elimination of the retention of 1% per month on their gross income and for a special...

Proposal to Bring Back Tilapia Production to Nicaragua

TODAY NICARAGUA - Entrepreneurs in the fisheries and aquaculture sectors are demanding that the government boost production of the species, whose consumption is projected to grow globally. The government still has not spoken on the...

Price Adjustments in Construction Contracts

TODAY NICARAGUA - The construction guild is proposing that in tenders for construction of public works a clause on price adjustments always be included, to reflect changes in prices of raw materials. The Nicaraguan Chamber...

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 – 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 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...

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...

Backing for Investment in Ceramics Factory

TODAY NICARAGUA - The Multilateral Guarantee Investment Agency has awarded the Colombian company Corona a guarantee of US$11 million dollars to build a plant to manufacture ceramics for bathrooms in the country. From a statement...

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...

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...

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...