Minimum wage adjustments for the next 6 months will be differential: 13%, 11% and 8%, depending on the industry.
The 13% readjustment applies to the minimum wage for agricultural workers (an increase of $9). The increase of 11% will be for the basic services sector, trade, transport, insurance and financial institutions, among others.
"And 8% was stipulated for the industrial sector, services, household services, personal services, central government, fisheries and micro and small enterprises, among others. This will result in an average of 150 Cordobas," wrote Rafael Lara for Elnuevodiario. com.ni.
Yu Jin is the second textile company closing during the course of 2009 in Nicaragua, leaving at least 500 people unemployed.
Cone Denimtextile from the US was the first textile company to formalize its closing when it requested a temporary, 14-month closing at the end of March due to the suspension of orders from United States. The closing sent 800 people to the ranks of the unemployed.
San Miguel Industrial Park is the only park that owns a construction and consulting company. We offer the Free Zone location with the perfect building to suit your manufacturing needs. Our flexible layouts allow an easy future growth. Because of this fact we can offer exactly what our clients need at a very competitive price. Clients can own a building or they can enter a lease agreement. Because of this flexibility many world known companies have chosen to work with us. We are licensed to build in Honduras providing the best free zone laws in the industry maximizing profitability.
Operates in Honduras and Honduras
Phone: (504) 2556-7373 - (504) 94510322
Industrias Gabriela is a non-woven textile manufacturing company located in Tegucigalpa, Honduras, Central America.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (504) 229-0072