Tourists Stay Longer in Nicaragua

In the third quarter of this year tourists who arrived in Nicaragua stayed longer when compared to the same period in 2016. From a report by the Central Bank of Nicaragua (BCN) published on November...

More Hotel Investment in Nicaragua

The Selina hotels chain has opened a new hotel in Granada, which follows the one that is already operating in Maderas beach, and plans are underfoot to open another store in San Juan del...

With US Sanctions Looming, Nicaragua’s Economy Posed for Difficult 2018

It could be a long 2018 for Nicaragua and President Daniel Ortega. The country’s economy may slow down significantly should the United States decide to issue sanctions, and internal financial problems threaten its stability...

Nicaragua 2018 Economic Outlook

The Central Bank of Nicaragua forecasts that by the end of 2017 the economy will have grown by between 4.7% and 5.2%, and next year the increase will be between 4.5% and 5%. From a...

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...

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 102nd In World Freest Economy

TODAY NICARAGUA - Nicaragua’s economic freedom score is 58.4, making its economy the 102nd freest in the 2014 Index of Economic Freedom. Its score is 1.8 points better than last year, with significant improvements...

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 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 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 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 Beach Investment for US$20 million

TODAY NICARAGUA - An announcement has been made that this year will see the start of construction of a hotel and condos on the Pacific coast in the municipality of Tola, Rivas department. The project...

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...

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,...

Low Agricultural Productivity in Nicaragua

TODAY NICARAGUA - Between 2013 and 2014 coffee yields increased from 11.9 hundredweight produced per acre to 11.8, rice fell from 89.7 to 71.4 hundredweight, and beans fell from 12.8 to 11.8. Reports from the...

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...

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: Year on Year Inflation to October Reaches 6.63%

NICARAGUA NEWS -- In October, the consumer price index registered a monthly increase of 0.12%, putting annual inflation at 6.63%, up from 6.49% at the end of September. From a report on inflation by the...

Nicaragua Mining Companies Increase Investment

TODAY NICARAGUA - The concessionaire B2Gold expects to invest $44 million this year in the La Libertad, Santo Domingo and El Limón mines, while HEMCO SA plans to spend $14 million on the operation...

LATEST

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...

Magnitude 5.9 Quake Hits Southwest of Rivas, Nicaragua

The USGS has reported an earthquake of magnitude 5.9 occurring on Tuesday off the coast of Nicaragua and Costa Rica. The earthquake occurred in Pacific...

A Bad Case of Gas: The Community Who See Volcano as an ‘Annoying Neighbor’

Nicaragua is home to dozens of volcanoes, many of which belch out volcanic gases. Sputnik spoke to Dr Evgenia Ilinskaya, a vulcanologist from the...

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...

With US Sanctions Looming, Nicaragua’s Economy Posed for Difficult 2018

It could be a long 2018 for Nicaragua and President Daniel Ortega. The country’s economy may slow down significantly should the United States decide...

Nicaragua: One Of The Best Destinations For a Sunny and Warm January

A country that is looking to get it's share of the Central American tourist business is Nicaragua. Tourism in Nicaragua has grown considerably recently,...

Nicaragua 2018 Economic Outlook

The Central Bank of Nicaragua forecasts that by the end of 2017 the economy will have grown by between 4.7% and 5.2%, and next...

Judges in Nicaragua learn to see the world through the eyes of vulnerable women

ESTELI, Nicaragua – At only 19, Michelle Zeledón, from the north of Nicaragua, has been through a lot. She watched her father beat her...

Nicaragua Remittances Up 10% up to September 2017

In the first nine months of the year, the flow of remittances that came into the country totaled $1,138 million, registering a 10% increase...

Tourists Stay Longer in Nicaragua

In the third quarter of this year tourists who arrived in Nicaragua stayed longer when compared to the same period in 2016. From a report...