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: 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...

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...

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...

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,...

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’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 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 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...

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...

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...

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...

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 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...

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...

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...

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 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%...

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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...