In the last two years, the number of jobs generated by companies in this sector has fallen 7%, because of the slowdown in the country's economic activity.
According to information from the National Institute of Statistics and Census (INEC), between the second quarter of 2017 and the same period of 2019, the number of jobs in the commercial sector was reduced by 28,621, from 386,597 to 357,976.
The site is in Sardinal de Carrillo, Guanacaste. It has a construction area of 51 thousand square meters, 2 sheds and a refrigerated network of 7 chambers for product maintenance and 2 freezing tunnels.
In a statement issued by the government, it is indicated that on July 24 began operations the first stage of the Regional Wholesale Market Chorotega, in which some 6,500 producers of Guanacaste and Upala will market their products directly.
In Costa Rica, the retail sector is going through one of its worst moments in recent years, since several jobs have been lost and local unemployment is increasing.
Figures from the Economic and Social Observatory of the National University (UNA) show that the commercial sector has lost 15,446 jobs in recent years as a result of the slowdown in consumption in the country.
In the wholesale appliance distribution business in Costa Rica, it is estimated that Supro Suplidora and Corporación Watersonn represent close to 15% of the market share.
An analysis of CentralAmericaData's information shows that other companies with considerable commercial activity in the wholesale of appliances are Mabeca and Solcasa.
During the first five weeks of a strike called by public unions in Costa Rica, 76% of businesses reported economic losses and 18% had to lay off staff.
The Costa Rican Chamber of Commerce carried out a study with the objective of measuring the losses of companies in the sector, derived from the strike carried out by the country's public unions, which began last September 6th.
In 100 days of political and social crisis in Nicaragua, entrepreneurs estimate that businesses dedicated to trade and services have lost earnings of $1 billion.
Representatives from the Chamber of Commerce and Services of Nicaragua (CCSN), reported that companies dedicated to trade projected that by 2018 they would reach sales of $2.3 billion, however, due to the crisis that has affected the different sectors of the economy that will be impossible.
In Nicaragua, retail companies estimate that the damages caused to their facilities and inventory, together with the drop in consumption, have already generated losses of $70 million.
In the same vien as the situation reported by companies in the tourism sector days ago, the Chamber of Commerce and Services of Nicaragua (CCSN) has reported that due to the crisis affecting the country, entrepreneurs engaged in commercial activities have recorded losses of approximately $10 million in their facilities, $26 million in damage to their inventories and $35 million in damages to consumption.
Mayca food service company plans to invest $10 million over the next 2 years in the construction of seven new points of sale in Costa Rica.
Following last week's opening of branch number 13 in San Ramón, representatives of the company announced that they will be investing in the construction and operation of seven other stores in 2018 and 2019, which will bring the total number of points of sale to 20.Mayca is owned by Sysco Corporation, whichcompleted the acquisition process in November of last year.
Those interested in taking part in the pilot project must be recorded in the ZLC in order to be able to set up in one of the 16 streets in the city of Colon where the special system is in effect.
The store Nevada, which sells health and beauty items, was the first to purchase a property in one of the 16 streets in which the special system will be in effect.According to Maria Vanessa Ford, executive secretary of the Colón Free Port (CPL by its initials in Spanish), an electronics company and another company dealing in clothing, cosmetics and perfume will be part of the system under a test environment.
The devaluation of the Mexican peso has worsened the problem in the border areas, where it is estimated that 70% of all products sold are illegal.
The Association of Manufacturers of Food Products (Grefal), says the problem is more serious in the departments of Quetzaltenango, Retalhuleu, Coatepeque, San Marcos and Huehuetenango. Thereseven out of every ten of the products traded"... are contraband that comes in through the Mexican border."
The guild of merchants in Chiriqui has denounced the growing amounts of extortion by organized crime organizations, mainly affecting small businesses in the province.
The Chamber of Commerce of Chiriqui stated that "... among the criminal activities of most concern to informal businesses are links to illicit financing with cash flows in clandestine opportunities, drug dealing, illegal circulation of money and making links with gangs. "
Projections for sectors such as retail, real estate and franchising anticipate a better year for entrepreneurs, provided that new taxes are not approved.
The moderate expectations of entrepreneurs in Costa Rica in recent years took a positive spin at the beginning of 2016. However, the semblance of confidence is fragile, depending on the response of the government, particularly on fiscal issues, said Francisco Llobet, President of the Chamber of Commerce of Costa Rica to Elfinancierocr.com , when referring to the creation of new taxes.
The legislation includes the implementation of anti-dumping, countervailing, anti-subsidy and safeguard actions against unfair trade practices.
From a statement issued by the Legislative Assembly of El Salvador:
The National Assembly has passed, with 68 votes, the Special Law on Trade Remedies. This regulation was discussed within the Committee on Economy, after it was presented to the Legislative Assembly last October by the Minister of Economy and private sector representatives, who also accompanied the legislators during their studies.
The perspectives of companies in the commercial sector registered an improvement at the end of the year and by 2016 the industry expects to grow by about 4%.
From a statement issued by the Chamber of Industries of Costa Rica:
Despite complaints from the private sector, the government has announced that it will maintain the measure on 22 products from the basic basket during the first half of 2016.
President Varela announced that they are considering to include more products in the list of controlled prices, a measure which in January will be extended until June 2016.
Panamaamerica.com.pa reports that "... Varela's decision was announced a day after the Panama Chamber of Commerce publicly asked him to suspend this measure.
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