In the third quarter private construction projects grew at an annual rate of 5%, driven by residential projects, which grew by 21%, while non-residential fell by 14%.
From the report "Construction with Private Destination" by the Central Bank of Costa Rica:
The quarterly index of construction activity which is for private consumption continues to show positive annual growth rates.
Supermercados La Colonia has announced it will invest $27 million in opening five new stores in the second half of the year, totaling 12 thousand square meters of sales floor.
The company founded on Honduran capital has announced that with the five new stores the total stores it will have nationwide will rise to 35.
A sustained growth of private investment will not be enough to offset the decline in the amount of investment in public infrastructure over the next four years.
On top of the projection of less public infrastructure is an expectation of poor tax collection for the period in question, according to analysis by the firm Indesa. Company projections indicate that "...
It has been announced that a corporate complex will be built as part of the Tuscania, a development project on the road to Puerto La Libertad, in the city of Zaragoza.
The office building is designed to complement the residential and commercial project now operating in the complex of Tuscania, which will require a total investment of $66 million. Elsalvador.com reports that "...
Investment groups interested in buying shares of Banco Produzcamos have until June 30 to submit their bids.
As announced by the Nicaraguan government in April , about 60% of the shares of the state bank Produzcamos will be sold to private entities, who will have time to present their proposals for purchase up until June 30, according to the notice published in the La Gaceta, Official Journal No. 103 of June 4, 2015.
When you look at Nicaragua without prejudice and without political bias, you can see a country which unlike before, offers good opportunities for investment.
EDITORIAL
Central America Viewed from Within
When you look at Nicaragua without prejudice and without political bias, you can see a country that offers good opportunities for investment.
And who better to do that exercise than a businessman linked to actual production.
The lack of a clear political course charted by the government of El Salvador is preventing the business sector from getting involved in large investment projects, affecting job creation, which in the first months of the year grew by only 1.1%.
The low levels of domestic and foreign investment in recent years in El Salvador is taking a toll on the economic level, given the limited possibilities for the business sector to create more and better jobs.
The project Parque Industrial del Caribe in Costa Rica, includes the construction of an industrial free zone measuring 41,000 m2, an 8,300 m2 office center and an 11 000 m2 shopping center, as well as Ofibodegas and a hotel.
The companies behind the project announced plans to begin construction of the Caribbean Industrial Park (PIC by its initials in Spanish) in the first quarter of 2016.
The benefits of this newly adopted Law can be enjoyed by national airlines who train their pilots in training centers in Panama.
From a statement issued by the National Assembly of Panama:
The bill amends 89 articles of the Law of 2010 on measures to promote commercial aviation was approved on its third reading by the plenary of the National Assembly.
The recent attacks disguised as "legal" occupations that have been reported in private companies undermine the country's image and economic growth.
The Coca-Cola bottling company in the Dominican Republic, Bepensa, is the latest company to report an attack which resulted in property damage and losses in production. This type of vandalism "... is making private companies uneasy via occupations and executions of eviction without legal protection."
At the end of 2014, exports from free zones totaled $5,242 million, equivalent to 53% of total exports from the country.
The sectors that reported the most exports are medical and pharmaceutical products with 25%, textiles 24%; electrical products, with 14%; tobacco and derivatives, with 11%; footwear and components, with 9%.
The president of the Dominican Association of Free Zones, Jose Tomas Contreras, told elnuevodiario.com.do that "...
Port of Singapore Authority plans to invest $400 million in its container terminal in Rodman, to increase capacity by two million TEU's and accommodate vessels carrying up to 24 rows of containers.
The construction of two additional docks and installation of eight gantry cranes is expected to allow for "... accommodating vessels with up to 24 rows of containers." With this project the aim is to expand port capacity at the Pacific entrance to the Canal.
VECA Airlines has announced the start of flights from El Salvador to Guatemala and Costa Rica, with capital contributed by Empresas Alba.
$60 million is the amount that Empresas Alba has contributed as seed money to VECA Airlines, and it is expected that this will cover the operation of the company until December this year. It is expected that next year the investment will be lower, as the airline is aiming for financial self-sustainability by 2016.
Tax Memorandum of Tezó and Associates on the verification of the information presented in the annual declaration of income tax.
Tax Memorandum by Tezó and Associates:
In March 2015 the SAT sent an email containing a reminder to some Special Taxpayers in respect to the maturity of the annual Income Tax affidavit (ISR). This email includes he notice with the following paragraph: "In April 2015, the SAT will verify the information presented in the annual ISR affidavit, for which reason it asks, among other things, for the integration of non-deductible expenses and receivables reported and declared. "
The growth rate of investment in fixed capital and company stocks went from 12% in the third quarter of 2013 to 3% in the last quarter of 2014.
There are now five consecutive quarters of deceleration in the growth rate of investment by firms in the country, according to data presented by the Central Bank of Costa Rica.
The economist, Manuel Zúñiga, told Nacion.com that "...