BUSINESS INTELLIGENCE
Global Supply Chain Crisis?Monday, October 4, 2021 COVID-19 and climate change have directly impacted the supply chains of the sectors and industries that generate the most economic output. Unfortunately, fiction has become reality, and a global pandemic coupled with sudden climate changes have increased these problems worldwide, also due to unforeseen events in logistics routes and the exponential increase in online shopping, forcing industries to increase the load of transportation, vehicles, staff and resources in general.
CONSTRUCTION PLATFORM
Construction: Corporate Building in Costa RicaTuesday, September 7, 2021 In Costa Rica, the construction of the "San Pedro Business Center" project is planned, with eleven levels for office rentals and a commercial area, in addition to two basements for parking. The interactive platform "Construction in Central America", from the Trade Intelligence Unit of CentralAmericaData, provides an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
GEOMARKETING SOLUTIONS
Automotive Repair Centers: Location PotentialWednesday, May 5, 2021 Honda Center, a service shop located in Guatemala City's Zone 10, has a potential market of 93 thousand consumers between the ages of 25 and 60 years old, of which 66% are interested in vehicle-related topics, within a 15-minute drive. Using the Geomarketing solutions we have developed for our clients, CentralAmericaData's Business Intelligence team analyzed the environment of some of the main automotive repair shop locations operating in Central American countries. Below is an excerpt of the study's findings. Logistics Mismatch Pushing Costs UpwardFriday, March 5, 2021 Due to the imbalance in world trade flows, shipping lines have changed their routes and prefer to move empty containers to Asia, a situation that generates shortages and causes increases in freight rates and raw material prices. In this scenario of new commercial reality, the operating costs of maritime freight have been impacted, since due to the restrictions imposed in several countries around the world, containers have been stranded. Low Competitiveness and Capital flightMonday, December 14, 2020 Due to the precariousness of the English language, in recent years’ companies in the Contact Center & BPO sector have decided to close thousands of jobs in the region and relocate their investments to other markets where they have no difficulty in recruiting qualified personnel. Reports at a global level show that the command of English is one of the weaknesses at a Central American level. Guatemala: Industrial Sector Recovers its DynamismTuesday, December 8, 2020 After bottoming out in the second quarter of the year, Guatemala's industrial activity index reversed its trend as of July, and in September 2020 registered a 6% drop. According to analysis by Central American Business Intelligence (Cabi), because the mobility of people in the country is not fully restored, some sub-sectors are still affected.
BUSINESS OPPORTUNITY
$16 Million in Software LicensesWednesday, November 11, 2020 The Ministry of Education of the Dominican Republic tenders the renewal of the Microsoft package license. Dominican Republic Government purchase MINERD-CCC-PEEX-2020-0012: New Reality, New Business ModelsFriday, October 30, 2020 As a result of the fast emergence of the new commercial reality, several business models that were profitable until the first quarter of 2020, are now obsolete, forcing business leaders to rethink strategies to survive in this new scenario. The spread of covid-19 generated radical transformations in the markets for goods and services, in the ways people work, modified several consumption habits, and even changed some tastes and preferences. Agriculture: Opportunities and Challenges for GuatemalaThursday, October 22, 2020 Although more than 140 agricultural products have access to the U.S. market, only 70 are currently shipped by local producers, which is partly explained by low production capacity and lack of quality. According to studies conducted by Central American Business Intelligence (Cabi), Nebraska, District of Columbia, Maryland, Hawaii, Tennessee, Illinois, Mississippi, Maine, Kansas and North Dakota are the states with the greatest potential to take advantage of market opportunities. E-Commerce: New Regional PlatformMonday, August 17, 2020 Starting in September, Hugo App will offer companies in the region an online store service, which will include a website, logistics, electronic invoicing and inventory management. The new tool of the application of Salvadoran origin will be called Hugo Business, platform that will begin to operate from September 1st in Guatemala, and in the case of El Salvador, Honduras, Nicaragua and Dominican Republic, will begin in October. Industry: Forecast for GuatemalaThursday, August 13, 2020 After the industrial activity registered in May one of the lowest levels of the last years, it is expected that the sector will close 2020 in negative variations, but more moderate than those reported in the first half of the year. The Index of Economic Activity of the Chamber of Industry of Guatemala, which is calculated by Central American Business Intelligence (Cabi), states that during May and in the context of the economic crisis resulting from the outbreak of covid-19, fell by about 10% when compared to the same period in 2019. Brands and the New Market RulesMonday, June 1, 2020 Assessing the company's value proposition and conveying it properly, as well as adapting quickly to the current business environment to create bonds of trust with customers, are part of the challenges that brands must face to survive. According to experts on issues related to marketing and branding, the severe home quarantines decreed by the Central American governments due to the outbreak of covid-19, has imposed new habits to consumers. Business Resilience in Times of CrisisWednesday, March 18, 2020 Identifying critical business needs and setting up plans on how to maintain supplies and operations, as well as establishing communication channels with suppliers to be informed in case of any eventuality, are part of the advice for companies. The coronavirus has already affected the world economy, and its effects do not seem to stop. With countries in quarantine, financial markets in the black and international trade diminished, the economic outlook is not very encouraging, explains a document from the Guatemalan exporters' union. $10 Million Investment in a Multipurpose TowerFriday, March 6, 2020 A ten-story tower will be built on a 1,742-square-meter lot in the town of San Francisco, Panama Province, to house apartments, offices and commercial space. According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Silver and Gold Development, INC, submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called, "P.H. Grand Palace Business Center". AI and Human WorkThursday, March 5, 2020 Applying artificial intelligence tools and complementing it with increasing the technological capabilities of employees is essential to significantly improve the performance of companies. According to reports by Harvard Business Review, companies have been found to achieve the most significant performance improvements when humans and machines work together. |
|