A mixed-use complex is planned to be built in the district of San Francisco, Panama, consisting of two towers, which will have commercial premises and will also house 288 apartments.
Bienes Le Parc, S.A. submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) called "P.H. Le Parc Reisdences."
From January to November 2019, Panama reported imports of Ch$11,824 million, and foreign purchases of capital goods grew by 3% over the same period in 2018.
The latest report from the General Comptroller of the Republic details that between the first eleven months of 2018 and the same period in 2019, purchases abroad fell by $277 million, from $12,101 million to $11,824 million.
In order to increase hotel occupancy in Panama, business people believe that the country should focus on attracting clients in the segment of meetings, conferences, exhibitions and congresses, events that could become the lifeline of the sector.
According to reports from the General Comptroller of the Republic, in October 2019, hotels in Panama City reported an average daily occupation of 4,457 rooms, 5% less than the same month in 2018.
To ensure financing for its future functions, the Costa Rican government will seek loans from the World Bank, IDB, CABEI and CAF during 2020, and plans to insist on the approval of $4.5 billion in Eurobonds.
For this year, the Costa Rican government plans to continue negotiating loans for budget support with the World Bank, the Inter-American Development Bank (IDB), the Central American Bank for Economic Integration (CABEI) and the Andean Development Corporation - Latin American Development Bank (CAF).
Foreign sales by Salvadoran companies slowed for the second consecutive year, as between 2017 and 2018 the year-on-year growth rate fell from 6% to 3%, and by 2019 a rise of just 0.7% was recorded.
Exports from El Salvador at the end of 2019 reached US$5,943.3 million with a year-on-year growth of 0.7% and 4.7% in terms of volume compared to 2018, informed the Central Reserve Bank.
The airline Jet Blue announced that as of June 1, 2020 it will begin operating one direct flight a day between the Guatemalan capital and the U.S. city.
"... JetBlue will offer service to and from Guatemala, with daily non-stop service between Guatemala City's La Aurora International Airport (GUA) and New York (JFK).
Until December 16, 2022, businesses in Guatemala will have to comply with the rules contained in the Regulations for Environmental Evaluation, Control and Monitoring.
The Ministry of Environment and Natural Resources (MARN) reported that after the publication of Government Agreement 317-2019 on December 24, 2019 in the Central American Journal, which reforms Government Agreement 137-2016, the period was extended by three years so that all projects, works, industries or productive activities present their respective environmental instruments in order to function.
Teradyne, Inc. announced that it will build an industrial plant in the Coyol Free Zone, Costa Rica, which will have an area of 11 thousand square meters, from where it will provide its customers with electronic services and IT support.
The building will begin construction in January in the industrial park of the province of Alajuela, and is expected to be completed in July 2021, reported the Costa Rican Coalition of Development Initiatives (Cinde).
From January to October 2019, purchases of pharmaceutical products made by Central American countries from companies in Mexico totaled $232 million, and 63% was purchased by companies in Panama and Costa Rica.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
In the first six months of 2019, Central American countries spent $54 million to import tractors, and purchases from companies in the U.S. and Mexico fell in year-on-year terms by 42% and 14%, respectively.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
The National Electric Power Company is tendering the study of soil mechanics in Guanaja and Brus Laguna, sites where the institution will install a generation system with renewable energy through micro networks.
In the Dominican Republic, the supply of powdered dairy products and their distribution to public schools is being tendered for the 2020 - 2021 school year.
Between 2018 and 2019, the number of cattle slaughtered in Panama increased 6%, while the number of pigs slaughtered decreased 9%.
According to the figures of the General Comptroller of the Republic of Panama, 341,188 heads of cattle were slaughtered last year, a figure higher than the 323,289 reported in 2018.
During the first six months of 2019, coffee exports from Central American countries totaled $1.782 million, 8% less than what was reported for the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
The Panamanian government has authorized Forever Oceans Panama, S.A. to invest $50 million in a fish farming project in Charco Azul Bay, Puerto Armuelles.
Aquatic Resources Authority (ARAP) administrator Flor Torrijos handed over the resolution authorizing the fish farming operation in an area of more than 58,000 hectares to company representatives, the Presidency reported.
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