Walmart Nicaragua Investment in Supermarkets

New stores, remodeling and a distribution center are what Walmart plans to develop in the next two years in the country, with an estimated investment of US$200 million. María Marta Rodríguez, coordinator of Corporate Affairs...

Nicaragua’s economy is growing, but the poor may be falling behind

TODAY NICARAGUA - The International Monetary Fund (IMF)’s recent assessment of Nicaragua reinforces the narrative that the country has made tremendous strides in fighting poverty, but many experts stress the importance of staying vigilant against the...

Nicaragua Annual Inflation up to March 2017 is 3.66%

TODAY NICARAGUA - The monthly variation in March was 0.12%, mainly explained by the behavior of prices of various goods and services and furniture and household items. From a report by the Central Bank of...

The Potential of Palm Oil in Nicaragua

TODAY NICARAGUA - Twenty two thousand hectares are devoted to growing palm in the country, and investments of US$150 million are planned for maintenance of existing plantations and new ones in the coming years. The...

Nicaragua Air Travel Growing

TODAY NICARAGUA - In the last four years the number of commercial international flight arrivals in the country has grown by 26%, while the number of passengers went up 25% in the same period. Statistics...

Nicaragua Remittances Up 6%

TODAY NICARAGUA - Many households Nicaragua depend on remittances, money received from abroad, be it a few dollars or hundreds of dollars. During the past year, remittances to the country totaled US$1.264 billion dollars, 6%...

Extensive Planting of Robusta Coffee in Nicaragua

TODAY NICARAGUA - Cultivation of the robusta has been authorized in seven departments in the Pacific and in the autonomous regions of the Northern and Southern Caribbean, except in the municipality of Waslala. Finally, and...

IMF Recognizes Nicaragua’s Economic Progress

The International Monetary Fund (IMF) recognized today the economic progress of Nicaragua in the recent ten years, starting here various meetings to assess the prospects of the country in the short and medium terms. fter...

Super Gasoline And Diesel Going Up on Sunday

  Today Nicaragua - The price of super gasoline and diesel will be going up on Sunday, while regular gasoline will see a slight decline, say oil company sources. For the next week the price of...

Nicaragua Textile Manufacturers Suffer From Expensive Energy

(TODAY NICARAGUA) The textile sector claims that the high cost of electricity in the country has become a limiting factor to foreign investment. The union of textile companies states that more foreign investment could reach...

Nicaragua Capturing Foreign Aid

Economic analysts and investment advisors can do well in Nicaragua, by helping local operations gain access to foreign cooperation, which last year passed $1 billion – close to 9% of the value of national...

Nicaraguan Stock Market Keeps Growing

TODAY NICARAGUA - In 2015 more than $1.2 billion in securities were traded on the stock exchange, a 21% increase compared to 2014, driven by trade in government securities. Short-term operations, particularly negotiations on the...

Nicaragua Poultry Plant Starts Operations

  TODAY NICARAGUA - Cargill has inaugurated a new cold storage and distribution plant southeast of Managua, with capacity to store up to 8 million pounds of chicken meat. In addition to the new plant, in...

Nicaragua Could Privatize Ports

TODAY NICARAGUA - The Ortega administration may be taking up once again the port privatization project conceived of in 2000 and may be close to awarding a concession to an international operator. In November 2000...

Nicaragua Airport Works Announced

(TODAY NICARAGUA) The management company of the international airport in Managua has announced that it will allocate between $6 million and $10 million for expansion of the runway. Empresa Administradora de Aeropuertos Internacionales de Nicaragua...

Nicaragua Plans to Produce High-Quality Calves

(TODAY NICARAGUA) A pilot project aims to provide funding and technical assistance to a group of food producers in order to improve their livestock and increase quality. The purpose of the project, still in its...

Chilean Trade Mission to Nicaragua

TODAY NICARAGUA - A group of industrial companies in the South American country plan to visit the country in late April to explore business opportunities with Nicaraguan businessmen. The Chilean delegation is composed of representatives...

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...

Nicaragua Stock Market Trading Down 29%

TODAY NICARAGUA - During the first three months of the year $263 million were traded in the stock market, 29.3% less than the amount traded in the same period last year. So far this year,...

LATEST

Nicaragua Unveils Central America’s Largest Baseball Stadium

Nicaragua has unveiled its long-awaited baseball stadium in Managua, replacing the former baseball field built in 1948. The new structure will hold up to...

Church and State in Nicaragua: Letter From Managua

Between 2013 and 2015, the government of Nicaraguan President Daniel Ortega spent roughly US$3.2 million installing decorative metal trees in Managua, Nicaragua’s capital. The...

Better Air Connectivity Between Nicaragua and the US

The private companies' association is in talks with United Airlines to promote the opening of a route that connects Nicaragua with the east coast...

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,...