An initial estimate of global coffee production in 2016/17 suggests that the world total
will remain relatively stable, up 0.1% to 151.6 million bags.
From the monthly report by the International Coffee Organization:
Coffee production to remain stable despite Arabica/Robusta divergence
An initial estimate of global coffee production in 2016/17 suggests that the world total will remain relatively stable, up 0.1% to 151.6 million bags. Arabica production is potentially set for a record level of 93.5 million bags with bumper crops expected from Brazil, Colombia and Honduras. Prospects for Robusta supply, on the other hand, are less positive, with lower crops expected from most major origins. Prices on the futures markets have reflected these developments recently, with Robusta prices generally showing support and Arabica under pressure, leading to a narrowing in the arbitrage between the two.
Businessmen in the hotel, agricultural and textile sectors form part of the delegation which will be meeting with representatives from the government and Honduran companies between January 7th and 26th.
The delegation will be made up of business people, government representatives and technicians from China, who will carry out the certification processes for melon and meat as part of the requirements to start exporting these products.
Coffee prices continued their decline as speculation over the current 2015/16 Brazilian crop
suggests that the market has no immediate supply concerns.
From the monthly report by the International Coffee Organization (ICO):
Coffee prices continued their decline in reaction to speculation about the data on the current 2015/16 Brazilian crop, which suggest that there will not be market concerns over the immediate effects on global supply. The continued weakness of the Brazilian real has exerted more downward pressure on prices, although export volumes increased slightly in April.
The president of Proesa, on tour in India, met with the second largest manufacturer and exporter of software in the country, INFOSYS Technology.
Elsalvador.com reports: "It is one of the largest information technologies (IT) companies in India, with nine development centers in India, more than 100,000 employees and more than thirty global offices. The vice-president highlighted the private initiatives already functioning in the field of software development and which can begin a relationship with Infosys."
The website http://guatemala.eregulations.org provides information on procedures for conducting business in the country.
Information is detailed on procedures, costs, contacts, forms and public office documents.
The initiative is part of the e-Regulations system, driven by the Global Transparency Network.
The system is a step towards the implementation of e-government and a tool for simplifying administrative processes, by identifying unnecessary steps in the different procedures, said Romeo Rodriguez, coordinator of the National Competitiveness Program", reported Prensalibre.com.
The economic and political stability that prevailed between 2011 and 2014 was not taken advantage of to implement relevant measures to deepen the policy of regional integration.
From the "Regional Integration" section of the V Report on the State of the Region 2016":
Between 2011 and 2014, the Central American Integration System (SICA) did not face shocks such as the political crisis or the global economic recession that impacted this work at the end of the last decade.Despite this more favorable context, no significant progress was made in the integration process: no evidence was found that Member States had taken significant initiatives to deepen integrationist policies or modify the structure of regional institutions.
Authorities intend to monitor fishing boats via GPS devices.
The initiative is part of a program fostering responsible fishing, and could be implemented in the first half of 2010.
"Sector authorities want fishermen to adhere to the program by reaching an agreement between all involved parties. If this is not possible, the program will be made compulsory via an executive decree", reported Nacion.com.
Businessmen prepare for the first half of 2016 a country brand that promotes not only tourism but also the export supply and conditions offered by the country for foreign investment.
The proposal put forward by the Board of Export and Trade (CECs by its initials in Spanish) is to develop a strategy that focuses on promoting, at the global level, characteristics of Guatemala as a model exporter, and the incentives offered in the country to attract investment.
As a holder of concessions for duty free shops WISA contributes 7% of the revenues of Tocumen SA, and its inclusion in Clinton list has rattled investors.
An article in Prensa.com reports that yesterday "... the stock broker Citivalores informed the Stock Exchange of Panama that the initial purchaser of the issue, Citigroup Global Markets, decided that the original conditions set out in the purchase agreement had not been met and voided the bond offer made on May 4 and whose closing date was May 11."
First Economic Situation Report 2012 has been issued by the Nicaraguan Foundation for Social and Economic Development.
Executive summary of the report by FUNIDES:
The growth of world economy and in particular in the advanced economies in 2011 was lower than anticipated. The latest estimates from the Economist 1 Intelligence Unit (EIU, December 16, 2011) forecast a global economic growth of 3.8 percent for 2011 and 3.2 percent for 2012. These projections are lower than the 4.5 percent initially estimated by the IMF for 2011-2012.
The $ 400.000 raised will go to manage forests in an 11 hectare area in Petén.
U.S. Company Global Carbon Group agreed to buy carbon credits from the mayors of San Jose and San Francisco in the first operation of its kind in Guatemala, and thus offsetting 1.2 million tons of greenhouse gases for 20 years.
Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water and power. Great Location, close to everything. Ideal area for living or developing an ecologically...
CISA Exportadora is a green coffee exporting company based in Nicaragua owned by the Baltodano family who enjoys over 100 years of coffee tradition.
Operates in Nicaragua
Phone: (505) 2270 4414 - (505) 2270 4412
PRONicaragua, is the Nicaraguan Investment Promotion Agency, established in 2002. We are a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The Agency provides complimentary support services to qualified investors seeking investment opportunities in our country.
Operates in Nicaragua
Phone: (505) 2270 6400