Making real sales projections, segmenting prices and designing savings options are some of the strategies that companies can use to protect their profitability in contexts of inflation and recession.
Ariel Baños, price management specialist and founder of Fijciondeprecios.com, details techniques that could help companies avoid negative effects on their finances, when faced with scenarios of rising prices and low dynamism in economic activity.
The temporary suspension of the exploitation right license of the Fénix mining company, operated by Compañía Guatemalteca de Níquel, in the department of Izabal, is reported.
After a group of neighbors claimed before the Supreme Court of Justice that for the mining project concerned, the community consultation process was not exhausted, in February of this year an injunction was granted in favor of the plaintiffs, but the company's operations were not suspended.
Although the warning of illegality presented by the CAMCE Consortium in the tender to build and equip the new Children's Hospital in Panama was not admitted, the tender was again suspended.
The history of the tender for the "Construction, equipment and corrective and preventive maintenance of the New Children's Hospital, the Maternity Hospital of Santo Tomás and Annexed Areas, restoration of gardens and remodeling", seems to have no end, since in the last resolution of the General Directorate of Public Contracting (DGCP) the public act was ordered to be suspended.
Because of the slowdown in the economy and the entry into force of new taxes, in 2020 is expected a slight growth of 1% in the number of franchise brands in Costa Rica.
In the last year, the growth in the number of franchises reported a significant slowdown, since the figures of the guild specify that up to May this year the net number of brands reached 361, a value that exceeds by just 0.6% the 358 registered in the same month of 2018.
In Nicaragua, there is uncertainty because the government is reviewing the tax reform without the participation of businessmen, and because adjustments to the minimum wage could be made in September.
Weeks ago, it was reported that when the government's review of the tax reform in force in the country since February is completed, businessmen consider that no tax cuts will be made, despite the fact that production costs in the country have risen considerably.
The Directorate of Agricultural Science and Technology tenders the supply of fertilizers, bactericides, pH regulators and adherents, rooting agents, sterile substratum, fungicides, insecticides and herbicides.
From January to June of this year, 3.57 million tourists arrived in the Dominican Republic, 4% more than the figure reported for the same period in 2018.
In the January-June period of this year, 64% of visitors arrived from North America, 21% from Europe, 12% from South America, 4% from Central America and the Caribbean and the remaining 0.3% from Asia and the rest of the world, reported the Central Bank of the Dominican Republic (BCRD).
In El Salvador, the industrialists' guild asked the Legislative Assembly to be taken into account in the discussion on the prohibition of plastic in the country, since they believe it is convenient to regulate its use, but not to restrict it.
After in October 2018, a bill was presented to the Legislative Assembly (still under discussion) that establishes a one-year deadline for companies to replace the use of plastic bags by articles of other materials, directors of the Salvadoran Association of Industrialists (ASI), ask to be taken into account in the process.
From January to May 2019, the cost of new construction, additions and repairs totaled $404 million, 26% less than the same period in 2018.
The latest report of the General Comptroller of the Republic details that only in May of this year the cost of new constructions, additions and repairs totaled $82 million, 17% below the figure for the same month in 2018.
The signed association agreement "guarantees Central American countries that with the departure of the United Kingdom from the European Union, there will be no legal vacuum and trade relations with that country will be interrupted and tariff preferences will be maintained, with all legal guarantees for Central American exporters to the United Kingdom."
The government of Guatemala informed that Julio Dougherty, Vice-Minister of Integration and Foreign Trade, together with the Ministers of Economy and Foreign Trade of Central America and the United Kingdom Ambassador in Costa Rica, Ross Denny, signed in Managua the document that establishes the Association Agreement that constitutes the mechanism to attend the preferential commercial relations regulated with the United Kingdom through the Association Agreement between Central America (CA) and the European Union (AACUE), on the occasion of BREXIT.
Although the Legislative Assembly approved the issuance of $1.5 billion of debt in the international market, Fitch Ratings believes that in the coming years there could be renewed uncertainty about the sources of financing for the Costa Rican government.
In Costa Rica, exporters and businessmen of the tourism sector are concerned about the decreasing trend that in recent months has reported the exchange rate, which on July 18 was quoted at ¢575.7 per dollar.
Official figures report that between early February and mid-July of this year, there has been a fall of up to 38 colones per dollar, as the average rate in the Monex wholesale market fell from ¢613.87 to ¢575.69.
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