During the first ten months of 2019, 2,210 luxury vehicles were sold in Panama, a figure 9% higher than that reported in the same period of 2018.
According to the latest report of the General Comptroller of the Republic, between the first ten months of 2018 and the same period of 2019, the number of units registered in the country fell slightly, from 41,182 to 40,940.
After the number of new vehicles sold in Panama fell 11% between 2017 and 2018, this year the distributors’ guild estimates that the year-on-year decline could be just 2%.
The group formed by Garnier & Garnier Desarrollos and Enjoy Group acquired 100% of the shares of Hotel Punta Islita, which is located in Guanacaste and was previously owned by Grupo Islita.
The companies participating in the transaction informed through a statement dated November 1, that after the sale of the hotel, the enclosure will undergo a process of improvement and expansion.
To have clear the purpose of the organization and to improve the "human" experience of the relationship client - brand, are the two trends that the experts visualize in the strategies of the companies in the next years.
According to the "2020 Global Marketing Trends Report", prepared by Deloitte, there are five other trends that derive from human purpose and experience: fusion, trust, participation, talent and agility.
The Walmart chain is investing in the construction of a new supermarket in Santa Ana, El Salvador, which will have a sales hall of 4,600 square meters.
According to information revealed by the company's directors, the new sales point, which is being built on a 15,000-square-meter site, will have a parking lot with capacity for 149 vehicles.
In Guatemala, the hardware industry is expecting its sales to grow 20% this year, mainly explained by the good performance it has reported so far in 2019.
According to projections of the Banco de Guatemala (Banguat), updated to September 2019, it is forecast that at the close of this year the construction sector will grow by 5.8%, a rise that would be explained by more flexible procedures in the processing of permits.
In Costa Rica, some toy businesses have decided not to raise prices during 2019, ally with banks and make special offers in order to increase sales in a context of economic slowdown.
In a context where consumers demand that products be manufactured in an environmentally and socially responsible manner, purpose-built brands will be the most likely to increase sales.
The tendency to consume products that belong to a brand with purpose is becoming increasingly important in markets, as consumers look to companies to manufacture goods in a responsible and sustainable way.
Changes in consumer preferences, which increasingly value ease, convenience and time savings in their purchases, are forcing companies to strengthen their online marketing channels to stay in competition.
Several companies that have not developed their digital marketing channels in time have gone bankrupt because of the growing competition represented by online sales.
In Panama, the decreasing behavior of reported sales continues, since between January and August of this year 31,498 vehicles were registered in the country, 6% less than in the same period of 2018.
According to the latest report of the General Comptroller of the Republic, between the first eight months of 2018 and the same period of 2019, the number of units registered in the country fell from 33,349 to 31,498.
On September 26, the Elektra chain of stores began to operate its online appliance sales platform, aimed at the Guatemalan market.
Representatives of the chain informed that the platform will not only work in Guatemala, as it currently processes orders for more than 2,500 companies in 26 countries.
Understanding the economic environment the company is facing, generating projections in real time and having the opinion of external consultants to the organization, are some of the strategies that could help companies in times of low sales.
In Central America, during the first half of the year, some economies reported declines in their productive activity.
In Panama, the downward trend in reported sales continues, since between January and July this year 27,484 vehicles were registered in the country, 5% less than in the same period in 2018.
According to the latest report of the General Comptroller of the Republic, between the first seven months of 2018 and the same period of 2019, the number of units registered in the country fell from 28,970 to 27,484.
The Ministry of Health of Guatemala published in the Official Newspaper the agreement that regulates the commercialization of antibiotics and ophthalmological steroids, and granted 30 days for pharmacies to begin to implement the restrictions.
The regulation that will begin to govern was approved by the Ministry of Public Health and Social Assistance (MSPAS) on August 7, and stipulates that antimicrobial drugs (oral and parenteral antibiotics) and ophthalmic steroids, must be sold after being prescribed. See full agreement.
Deputies of the Guatemalan Congress ask that the agreement that regulates the commercialization of antibiotics and ophthalmological steroids, recently approved by the Executive Branch, be repealed.
Controversy between representatives of the legislature and the executive began after the Ministry of Public Health and Social Assistance (MSPAS) approved Agreement 181-2019 on August 7, 2019, which stipulates that antimicrobial drugs (oral and parenteral antibiotics) and ophthalmic steroids must be sold with a prescription. See full agreement.