Nicaragua: Exports Bamboo to HaitiWednesday, November 3, 2010 CO2Bambú made its first shipment of prefabricated kits of bamboo for construction for transitional shelters. The U.S. capital company has been marketing bamboo for three years in Nicaragua. Use of Polyethylene and Polystyrene ProhibitedTuesday, August 28, 2012 As of October 1st the manufacture, import and marketing of the plastics will be prohibited in Haiti. A press release from Procomer reads: Maquila Heads to Haiti from GuatemalaTuesday, November 1, 2011 Korean owned SAE International has announced it plans to close one its five factories in Guatemala due to a mix of poor sales to the USA and high Guatemalan labor costs. The country's Economy Minister, Luis Velázquez, announced the closure of the plant saying that the company will be opening a new factory in Haiti where it will look to hire 20,000 people. Central America: Perspectives and FutureWednesday, September 17, 2008 Central America is blessed with natural resources and has a population of approximately 35 million people. Nonetheless, poverty is a merciless scourge. 50% of Guatemala's population is in the poverty threshold. Nicaragua is the second poorest country in the Americas, surpassed only by Haiti. 8 out of every 10 Nicaraguan live on less than $2 per day, and 48% are below the poverty line. Honduras barely does better than Haiti and Nicaragua. Guatemala to Boost Export ProgramTuesday, October 26, 2010 The "Encadenamientos Empresariales" (business linking or chaining) program from Agexport will be presented in other countries. The Guatemalan Association of Exporters (Agexport) has developed the program for five years, supporting and training 54 rural SMEs. Plastics Industry Grows 15% in GuatemalaTuesday, February 8, 2011 Plastic imports resins increased from 243.700 tons in 2009 to 282.000 tons in 2010. 75% of plastic production is consumed in the domestic market and the rest is exported mostly to Central America. Ministers to meet to discuss banana export strategiesMonday, July 28, 2008 Agriculture ministers from Central America, Mexico, Brazil, Haiti and the Dominican Republic will meet in Panama Aug. 21-22 to discuss banana exports. The meeting is an effort to reactivate the Union of Banana Exporting Countries and the creation of mechanisms of agricultural cooperation. Nicaraguan Exports Up 30%Monday, March 28, 2011 So far the country has exported $ 608 million, 30% higher than the $ 462 million over the same period of 2010. If the export pace continues, the director of the Center for Export Procedures (CETREX), Jorge Molina, stated the country can total up to $ 2.500 million by the of 2011. Nicaragua to export meat to the Dominican RepublicThursday, December 4, 2008 Health Authorities from the Dominican Republic approved the entrance of Nicaraguan chicken and beef. The country's ambassador to Nicaragua, Pedro Blandino, revealed this to the EL NUEVO DIARIO daily and also added that businessmen from the island are very interested in increasing trade with their Nicaraguan counterparts. Costa Rica badly hit by worsening terms of tradeFriday, July 18, 2008 Costa Rica has been paying more for its imports in recent years while the prices of its exports have failed to keep pace. Taking the year 2000 as a basis of 100, Costa Rica's terms of trade fell to 91.9 in 2004 and 84 last year, said Finance Minister Guillermo Zúñiga. "And if we measure it now, I'm sure the figure will be lower still," he added. Latin American cocoa producers seek Italian chocolate makersTuesday, July 29, 2008 Cocoa producers from 11 Latin American and Caribbean nations were meeting this week with Italian chocolate makers at an event in the Dominican Republic aimed at setting up new trade links. The event, dubbed "Chococzribe" is part of an initiative to help small producers get their product onto the international market. Guatemala: Masesa Expands to the RegionMonday, September 28, 2009 The Guatemalan Motorcycle Assembler will export to Panama, Dominican Republic, Haiti, Cuba, Aruba and Jamaica. The idea behind these new markets is to take advantage of the installed capacity of their manufacturing plant, which is capable of producing 300 motorcycles a day. Nicaragua's growth to slow in 2008Thursday, April 24, 2008 The slowdown in the Nicaraguan economy will continue through 2008 when GPD is expected to increase by 3.5 percent, the United Nations Economic Commission on Latin America and the Caribbean (Eclac) predicted. Last year, Nicaragua's economy grew by 3.8 percent, the second worst performance of the 20 Latin American nations. Nicaragua: TPL Is Not That Important For Textile CompaniesWednesday, June 3, 2015 Factors such as production costs and labor, as well as security and economic stability seem to be more relevant to the textile companies that choose the country than tariff benefits. The expiry on December 31 of the Tariff Preference Level (TPL) with the United States has not impacted the textile industry, as initially expected at least so far. According to the Nicaraguan Association of Textile and Apparel Industry (Anitec), the country still has attractive conditions for foreign investment in this sector. |
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