Mexican Companies in Trade Mission to NicaraguaWednesday, October 6, 2010 Toluca Valley entrepreneurs are in the country exploring possible partnerships and investment projects. The twenty members of the National Chamber of Commerce, Services and Tourism (Canaco-SERVYTUR) of the Toluca Valley, Mexico, is part of the Program of Private Sector Investment (PSI), launched by the Netherlands in conjunction with the Center for Exports and Investments (CEI). 15.4% less traded in Panama exchangeThursday, January 8, 2009 The total trading at the Panama Stock Exchange (BVP) at the end of 2008 was $1.93 billion, or 15.4% less than 2007. According to laestrella.com.pa, "During the first three quarters of 2008, the BVP recorded an increase that was greater than in 2007, however in the last three months of the year, the situation was reversed. Panama Tenders a Fourth Bridge at the CanalFriday, February 11, 2011 President Ricardo Martinelli announced he will support the construction of a fourth bridge over the Panama Canal. The president said he will soon launch a tender for the construction of the project. Hesmahán takes over as economy minister in El SalvadorMonday, June 30, 2008 Ricardo Hesmahán has taken over from Yolanda Mayora as economy minister of El Salvador. Mayora resigned to take up the post of secretary-general of the Secretariat for the Economic Integration of Central America (SIECA). Hesmahán, a businessman, was sworn in by President Elías Antonio Saca. Since late 2003, Hesmahán had been president of El Salvador's National Chamber of Farming and Agri-business (Camagro). LP Gas market may be opened up in El SalvadorMonday, August 4, 2008 The Minister of the Economy confirmed that the measure would be taken if the companies that import and distribute the product cause a shortage (of supply) in the market and affect consumers. For their part, the members of the Salvadoran Association of Liquefied Petroleum Gas Importers and Distributors (Asogas) confirmed that there will be a shortage in the propane gas market within two or three days because of the failure on the part of the Government to pay the subsidy. Panama Resumes Mining ConcessionsWednesday, January 6, 2010 A series of non-metal mining concessions that were suspended in the first months of President Martinelli's administration have been reactivated. In addition to announcing the reactivation of sand and stone mining concessions, the Government informed that the reform to the Mining Code will be ready in a month and a half. Panama to Host 'X Investors Forum'Wednesday, August 12, 2009 400 businessmen are expected to participate in the August 19 activity, organized by the Panamanian Stock Exchange. Roberto Brenes, CEO of the stock exchange, said that "this forum allows companies to present their products and services to different investors". Costa Rica: Profit Falls 40% at National Stock ExchangeThursday, December 3, 2009 The reasons are less traded volume in 2009 ($42.6 billion) and less profit from financial income. Traded volume in 2009 was $4 billion less than in 2008, when $46.37 billion were traded. Nicaragua: Growth in Exports not SustainableMonday, March 14, 2011 While exports have experienced increases of up to 38% in value, it is not the same story in terms of volume. The General Manager of the Center for Export Procedures (CIS), Roberto Brenes, said in an interview with La Prensa, that the country is not producing enough to sustain export growth. Nicaraguan Exports to Europe dropThursday, November 27, 2008 Fruit and vegetable exports were $4.5 million in 2007, but this year they were only $1.9 million. Roberto Brenes, Executive Director of CEI, said that the institution will offer farmers mechanism and tools that will allow them to have need knowledge in order to enter the European Market. Regional stock markets aim to sing from the same song sheetWednesday, July 16, 2008 Panama, El Salvador and Costa Rica are working on a project that will harmonize – though not merge – their stock markets. Other countries, including Nicaragua, Colombia and the Dominican Republic, have also shown interest in taking part. The new scheme is expected to come on stream within two or three years. The value of Nicaraguan exports growsWednesday, August 20, 2008 The Export and Investment Center (CEI) expects that the country's exports at the end of the current year will reach a total value of $1.5 billion. Robert Brenes, General Manager of CEI, says that in reality, during the first six months of the year, there was an increase of 30% in exports in relation the same period in 2007, especially in exports to the United States, which is Nicaragua's main trading partner. Costa Rica Exports Onion to C.A.Friday, October 16, 2009 Low prices in the domestic market have driven growers to sell their product to Nicaragua and Honduras. The local market is paying $0.21 per kilogram of onion, while the cost of growing it is $0.69. When exporting, growers get paid $0.28 per kilo. Panama Falls in Apede's Economic Freedom IndexTuesday, July 9, 2013 The lower rating is the result of a larger sized government and more restrictions on foreign investment. The indicator, prepared by the Panamanian Association of Business Executives (APEDE), moved down from 2.92 in 2012 to 2.85 this year. Hardware Stores Growing in Costa RicaMonday, October 10, 2016 The total number of hardware stores registered with the Treasury increased from 3,913 in 2013 to almost 4,400 at the end of 2015. In light of the arrival of international of hardware chain stores, companies founded on local capital are using the strategy of providing added value and better services in order to garner customer loyalty and keep their presence in an increasingly competitive market. Figures from the Ministry of Finance reported an 12% increase in the number of hardware store branches between 2013 and 2015. |
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