During the first six months of the year, imports of yarns and textile supplies in Central America totaled $264 million, registering a 3% decrease over the same period in 2017.
Figures from the information system on the Central American Market for Yarns and Textiles materials, compiled by the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Two years after the publication of the tender, the Varela administration and the Panama Fourth Bridge Consortium signed the contract for the design and construction of the Fourth Bridge over the Panama Canal.
From the statement of the Ministry of Public Works:
November 9th, 2018. Today, the Government of the Republic of Panama, through the Ministry of Public Works (MOP) carried out the signing of the contract with the Panama Fourth Bridge Consortium, formed by the companies CHINA COMMUNICATIONS CONSTRUCTION COMPANY LTD and CHINA HARBOUR ENGINEERING COMPANY LTD, for the design and construction of the Fourth Bridge over the Panama Canal, in accordance with the award as a result of the tender for the Best Value with Separate Evaluation No. 2016-0-09-0-99-LV-004736, for an investment amount of B/.1,420,027,324.73.
In Panama, 83% of the houses and apartments for sale range in price from $150.000 to $2 million, while 80% of those interested seek properties with prices below $150.000.
Andres Buitrago, manager for Central America and Colombia of OLX, who prepared the study, detailed to Elcapitalfinanciero.com that "...
Arguing that the country's fiscal and financial profiles have weakened, Standard & Poor´s downgraded from B to B- the negative outlook for Nicaragua's foreign currency debt.
The negative outlook reflects a greater than one of every three probabilities of a downgrade in the next 12 months because of possible additional pressure on the balance of payments or the domestic financial system in dollar terms, given the government's limited foreign exchange financing options.
Because of the economic activity reported in the financial sector and the manufacturing industry, during September the IMAE registered a variation of 4% with respect to the same month in 2017.
The original IMAE series, accumulated up to September 2018, shows that the national production of goods and services (in volume terms) increased 3.7% (5.4% in 2017), outcome observed in the last three months.
In Guatemala, sales abroad totaled $8.147 million up to September, 3% less than in the first nine months of 2017.
The Banco de Guatemala reports that the total amount of General Commerce exports was at US$8,147.4 million, lower by US$220.5 million (-2.6%) to the registered up to September 2017 (US$8,367.9 million). The most important products according to their share in the total value of exports were: Clothing with US$1,092.8 million (13.4%); Coffee with US$633.1 million (7.8%); Banana with US$599.7 million (7.4%); Sugar with US$531.2 million (6.5%) and Fats and edible oils with $389.1 million (4.8%). These products accounted 39.9% of total exports.
The National Institute of Electrification of Guatemala tenders the professional services of technical support of the system of operation and dispatch of the institution.
In the tenth month of the year, the CPI showed a monthly variation of 0.34%, mainly because of the behavior of Transport and Recreation prices.
The most important inflation levels of October 2018 are the following: a monthly inflation of 0.34%, an inflationary rate of 4.34% and an accumulated inflation of 2.48% were registered, according to the National Statistics Institute.
Reprico, Labymed, J.J. Cohen, Novartis and Nipro Medical Corporation are some of the firms supplying medicines to public health institutions in the region.
Figures from the information system, "Public Purchases in the Health Sector" developed by the Trade Intelligence area of CentralAmericaData, details the list of companies favored with contracts to provide pharmaceutical products and medical supplies in tenders published between July 2017 and June 2018, by the several Ministries of Health and Social Security of Central American countries.
In Costa Rica, an additional $12 million was approved for the construction project of the new Legislative Assembly headquarters, and part of the resources will be used to cover change orders in the construction of the building.
According to official documentation, ₡2.526 million ($4 million) will be used to fulfill change orders in the building's construction, ₡1.522 million ($2.4 million) were requested for exchange rate differential increases, ₡1.016 million ($1.6 million) for interest rate increases on loans granted and ₡2.589 million ($4.1 million) for working capital.
The rise in fuel prices in recent years, together with the depreciation of the local currency has caused production costs to rise for domestic industry.
Between September 2015 and the same month in 2018, the average price of a barrel of imported fuel in the country went up from $54.9 to $83.7, which is equivalent to an increase of 52% in the last three years.
The Central Bank of Costa Rica informed that on November 12th, it made auction Monetary Stabilization Bonds in Colones, for an amount equivalent to $8 million, at a gross interest rate of 9.51%.
From the statement of the Central Bank of Costa Rica:
Because of the adjustments made by the Central Bank to interest rates in recent days, financial institutions in Costa Rica will be forced to raise interest rates on savings in local currency.
Arguing that forecasts suggest that inflation in 2019 could be above the upper limit of the target range, on November 1st the Central Bank of Costa Rica (BCCR) decided to raise the monetary policy rate from 5% to 5.25%.
During the first half of the year, the countries of the region added $299 million in aluminum and its Manufactures, and 66% was imported by companies in Guatemala, Costa Rica and Panama.
Figures from the information system on the Central American Market for Aluminium and its Manufactures, compiled by the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
This property, located at only 0.9 miles (1.5 KM) or 2 minutes from highway 27 can be used to build: A hotel – Industrial complex - Houses – Offices – Storage/Ware houses – School - Hotel This is an exceptional opportunity for a commercial...
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
español
2003