Poultry farmers this year projected they will produce 657 million units, 11% more than last year.
The Nicaraguan Egg Commission in conjunction with the National Association of Poultry Farmers and Food Producers (ANAP) has projected an 11% increase in production of egg units this 2016, thanks to the fact that in November 2015 the sector had grown by 9.2 % and it reached 18.1 million boxes in the first eleven months of the year, reported Elnuevodiario.com.ni.
The population's increased access to electricity, the growth of irrigation systems, and buoyant economic activity explain the estimated 10% increase in demand for energy in 2015.
These factors accounted for most of the significant growth in energy demand in the country in 2015, said Cesar Zamora, country manager of IC Power and chairman of the Chamber of Energy in Nicaragua, to El Nuevo Diario.
Panamanian authorities are contradicting one another regarding Tocumen Airport's ability to host flight operations from the Emirates and has confirmed they have been delayed due to lack of passengers.
Emirates airline has suspended the opening of the Panama-Dubai flight because of lack of passengers, confirmed Gustavo Him, CEO of the Tourism Authority of Panama (ATP).
A resolution has been found to the dispute with the subsidiary of the Italian company Finmeccanica, which will withdraw from the country the radar and coastal surveillance equipment which was the object of the contract, and the Panamanian State will receive a credit for $32 million.
From a statement issued by the Foreign Ministry of Panama:
The Government of the Republic of Panama and Finmeccanica S.p.A., (with its subsidiaries Selex ES S.p.A, Agusta Westland S.p.A. and Telespazio, S.p.A.), announced that they have reached an agreement to overcome the conflicts arising from contracts signed in 2010.
The Public Prosecutor has initiated criminal proceedings against representatives of the spanish chain RIU for alleged environmental damages generated in the construction area of the hotel it operates in Guanacaste.
Representatives of the hotel company state that all logging jobs in the area where the hotel was built in Matapalo beach, were performed with possession of permits issued at the time by the institutions.
For having wrongfully terminated the management company of the building, Donald Trump is claiming $75 million from the condominium owners in Panama.
CBS News reported that the suit was filed by Donald Trump confidentially with the International Chamber of Commerce, based in Paris. The argument behind the claim is that the owners of the condominium Trump Ocean Tower prepared a "...
The Supreme Court has ordered the provisional suspension of a disputed contract with a subsidiary of Finmeccanica to install a digital mapping system.
The Supreme Court justified the provisional suspension as being "... in order to avoid the effects of the contract causing 'serious and impossible to repair damage to the community as it may affect the heritage of the Panamanian nation because of the delay in the decision on its merits that could be made by this court. '"
In Panama two companies who took part in the tender for 350 MW announced that they will appeal to the Supreme Court to denounce alleged monopolistic practices by AES, the entity which won the tender.
The companies Panamá Power Corp (IPPCO) and Pentacles Energy S.A. have turned to the Supreme Court after not receiving answers from the Electricity Transmission Company (ETESA) and the National Authority of Public Services (ASEP) after having submitted an application for consideration.
The Supreme Court has temporarily suspended the contract between the government and the Italian company Finmeccanica for the purchase of 19 radars.
The contract was suspended by the Third Division of Administrative Litigation of the Supreme Court (CSJ) after the Varela administration filed a lawsuit days ago and one year after stopping the execution of the project, being carried out by the company Selex, a subsidiary of Finmeccanica.
The government of Panama has filed a lawsuit to annul the contract for the purchase of 19 radars from the Italian company Finmeccanica and a temporary suspension while the claim is being settled.
A year after stopping the execution of the project to install radars provided by the company Selex, the Varela administration is now asking for the cancelation of this contract, arguing, among other things, that "...
Guatemala is considering suing the South American country through the WTO after banning the duty-free entry of 21 000 metric tons of sugar, despite the existence of a partial scope agreement since 2012.
An Ecuadorian fizzy drinks producer failed to receive the product due to a blockade by authorities of the country, even though there is a partial agreement which guarantees the duty free transaction.
The 2014/15 agricultural crop tomato for industrial use will not be enough to meet local demand, which will face a shortfall of 1,578 metric tons.
In order to make up the deficit in industrial tomatos an auction will be held on April 23 at the National Commodity Exchange. "... The selected product will be allowed to enter the country from 28 April to 31 December 2015, according to the verdict of the National Commission on Commodity Exchanges. "
The fastest growing sectors were transport and communications, with 7.4%; personal and business services with 5.9%; trade, hotels and restaurants, 5.5%; Manufacturing 5%, and agriculture, 4.4%.
From a statement issued by the Central Bank of Nicaragua:
The Central Bank of Nicaragua (BCN) wishes to make public knowledge that it is expected that economic activity in the country at the close of 2014 grew by 4.7% (4.5% in 2013) as a result of more buoyant demand and aggregate supply.
Due to the poor performance of the 2014-15 harvest, local production will last only until July, and 1 million hundredweight will need to be imported in order to meet demand until September.
The rice guild estimates that 2014-15 production will be 25% lower than the previous period, leaving "... a deficit of 17,073 hectares, compared to 67,073 hectares in the previous period."
Legal certainty, delays in the approval procedures and government debts are some of the concerns employers passed on to the Varela administration.
From a statement issued by the Chamber of Commerce, Industry and Agriculture (CCIAP):
Issues related to national and corporate events, which include economic growth and legal certainty, were some of the points raised during the meeting between entrepreneurs of the Board of the Chamber of Commerce, Industries and Agriculture of Panama headed by its President José Luis Ford, and the president of the Republic of Panama, Juan Carlos Varela Rodríguez.