The determination of how much and how the minimum wage should be regulated, something that occasionally seems to be done in an arbitrary manner and for political purposes, continues to be one of the factors that most confront Central American businessmen and governments.
In Costa Rica, a 3% increase in the minimum wage was approved for 2019; in El Salvador, an increase is expected to be discussed, and in Guatemala, the commission in charge of the issue reported that no increases will be made this year.
In Costa Rica, the private sector is recommending that the Alvarado administration implement effective measures to reactivate the national economy and a plan to recover the country's competitiveness.
Entrepreneurs are not very optimistic about the development of their businesses in the coming months, since when comparing the business confidence indicator of today (6.2) with that of a year ago (6.4) it can be seen that it is at the same level as twelve months ago.
Businessmen in Costa Rica recognize the importance of the fiscal reform needed by the country, but they are calling on the Alvarado administration to pay attention to equally complex problems, such as unemployment and high production costs.
The business sector has taken stock of the first 100 days of the government of Carlos Alvarado, and in a discussion outlined the urgent challenges facing the country, such as how to achieve economic reactivation, advancing a proposed teleworking law, promoting dual training and investing in improving road infrastructure.
The business associations of both countries started working on a joint plan to solve a problem that has been causing them damage for the last six years.
Representatives from the Chamber of Commerce, Industries and Agriculture of Panama (Cciap) and members of the Chamber of Commerce of Bogotá, initiated talks to develop a joint plan to end the conflict that has affected them since 2012.
The union of Guatemalan merchants and the embassy of Peru signed an agreement to increase trade between the two economies.
According to figures from Banco de Guatemala, in 2017 the Central American country imported $71 million worth of goods from Peru and exported $86 million worth to the South American country.
With the aim of promoting new opportunities for trade and investment, businessmen from both countries decided to create a union.
The president of the union, David Huezo, told Elmundo.sv that "... the Chamber 'will promote activities that will allow it to position itself as a national and regional reference entity in the active support and promotion of opportunities for commercial exchange with the United Kingdom'."
The aim is to promote development of new business between both countries, and increase exports from Honduras of products such as coffee, chocolate and tobacco.
The objective is to develop more commercial relations, and increase exports from Honduras of products such as coffee, chocolate and tobacco.The new business chamber starts operations with 25 affiliated companies.
The union, made up of private companies and non-profit organizations, will focus on promoting recycling and reducing waste production in the country.
The first figures on recycling activities in the country indicate that of the approximately 3,800 tons of garbage that are generated daily, only 5% is recycled.According to the new business chamber, in other countries the percentage of reuse reaches up to 50%.
Eight out of ten entrepreneurs claim that an excess of formalities and the high costs of formalization are the main difficulties they face when starting a business in the country.
From a statement issued by theUccaep:
28 September 2017.Setting up a business in Costa Rica and operating formally and under the protection of the law, is becoming more difficult for entrepreneurs.This was revealed by the Third Quarterly Business Survey "Pulso Empresarial", carried out by theCosta Rican Union of Chambers and Associations of the Private Business Sector (UCCAEP).
Forty-two companies make up the new Guatemalan Chamber of Food and Beverages.
Roberto Herrarte, new executive director of the Guatemalan Chamber of Food and Beverages (CGA) explained to Prensalibre.com that"...The creation of the guild is due to the exponential growth of the food sector in the country."
From April 23 to 25 an Ibero-American meeting of chambers of commerce, industry and services will be held in the capital of Nicaragua.
The meeting is being organized by the Chamber of Commerce and Services of Nicaragua and the American Association of Chambers of Commerce, Industry and Services (AICO), and will bring together business representatives from Latin America and Spain.
Pharmaceutical companies, hospitals, medical tourism companies, laboratories, pharmacies and research centers are part of the new Costa Rican health chamber.
The group of health sector companies announced that they"...
Costa Rican business leaders have expressed their dismay at the executive branch's apparent contradictions regarding the proposed agreement on fiscal issues and the strike threats made by public unions.
From a statement issued by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):
Private Sector puzzled by attitude of the Executive Branch
The Panamanian Chamber of Solar Energy is inviting domestic and foreign companies in the sector to join this new union.
From a statement issued by the Panamanian Chamber of Solar Energy:
Panama March 16, 2016. A group of leading entrepreneurs in the clean and renewable energy sector have announced the creation of the Panamanian Chamber of Solar Energy (Solar Chamber) with the purpose of promoting solar energy in the country.
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