From November 27 to December 1 the Fair of the Americas will be held in Florida, USA, an event which involves some 500 SMEs from Central America.
This event is considered the largest showcase for Central American products in America. "At its launch in Nicaragua, Eduardo Arroyo, president of the Fair of the Americas, encouraged entrepreneurs to participate in the event, which will guarantee being put in contact with a market of 300 million consumers ...", reported Laprensa.hn article.
The new General Law on Ports supports private investment in the development of national port infrastructure.
According to Joseph Adam Aguerri, president of the Superior Council of Private Enterprise (Cosep), the law will enable the sector to "contribute to the improvement of existing ports."
Aguerri mentioned that private companies could invest in lighting or construction of hydraulic cranes to move loads more quickly.
71 steps for the establishment of foreign companies in the Asian nation have been eliminated, while another 20 have been delegated to the central government.
The State Council (government) of China has announced that it will simplify administrative procedures, among which is the reduction of paperwork for foreign businessmen to set up their companies in the country.
Resistance by telecommunications companies and business associations in Nicaragua has forced the government to cancel the severely criticized rule .
The resolution issued by the Nicaraguan Institute of Telecommunications (Telcor) less than a month ago, ordered companies to submit for approval, by the Nicaraguan Telecommunications Institute, the appointment of directors and managers in IT, and systems and security .
A survey has revealed that 73% of Nicaraguan entrepreneurs distrust the country's judicial system, and perceive the state as very corrupt.
Despite this result, the fourth survey on Trust and Corporate Intent, conducted by the Nicaraguan Foundation for Economic and Social Development (Funides), notes a slight improvement in the situation.
"In a survey conducted by Funides with 58 companies representing 30% of the gross value of production of the country, employers said that in addition to the distrust in the application of justice, they also perceive a lot of corruption in state institutions," reported nuevodiario.com.
Businesses are showing contempt for the regulation which requires Government approval of the appointment of senior management at telephone and Internet companies.
The measure was issued by Telcor, the entity which regulates telecommunications in Nicaragua, informing intercommunications companies that "as of March 22 they had 30 days to send updated information about their managerial, executive, security and computing staff and information about new contracts to be approved by the institution. "
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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,...