Arguing that the unusual growth in sugar imports is harming local production, the Alvarado administration decided to raise the tariff on products entering Costa Rica from 45% to 73% for a three-year period.
The Ministry of Economy, Industry and Commerce (MEIC) concluded the investigation requested by the Agricultural Industrial League of Sugar Cane (LAICA) and 4 mills, on the safeguard measure against imports of solid state, granulated sugar, known as white sugar, used for domestic and industrial consumption, justifying a deterioration in the main economic indicators of the National Production Branch (RPN), details an official statement dated June 15.
A study carried out among companies in Guatemala concludes that eight out of ten companies consider continuing with the work-from-home modality once the crisis generated by covid-19 is over.
Higher levels of productivity, better balance between personal life and work, added to savings in travel time and expenses, are part of the benefits of implementing the modality of working from home or another place other than the traditional office. In the unfortunate context in which the Central American region lives due to the spread of the Covid-19 virus and the impact it has had at the economic level, the positive results that have been achieved with the possibility of working from home show that, from every crisis, something good always comes out.
In a context of falling international prices, increasing production and improving efficiency are the main objectives of Guatemalan sugar producers for the 2019-2020 harvest.
Official figures detail that during the 2018-2019 harvest the production of sugar in Guatemala reached 2.9 million metric tons, and for the current harvest that has just begun the harvest of a similar volume is projected.
The growing trend to work for companies that offer the flexibility to work from home or in spaces outside the office, is modifying the employee performance and even triggering changes in the real estate market.
Experts on the subject say that Panama reports a growing trend, which consists of employees choosing not to work in eminently corporate environments and do so in coworking’s, cafeterias and avant-garde offices, or even work from home.
The difficulties in identifying staff training needs and the lack of a clear relationship between new employee skills and incentives diminishes the possibility of achieving company goals.
According to the Deloitte 2019 Global Study of Human Capital Trends, in which more than 9,400 business leaders from around the world participated, including 261 from Costa Rica, the learning of business staff is the most relevant trend.
For the IDB, investment in infrastructure is the most important priority when increasing the probability of improving productivity and reaching higher per capita income levels in the countries of the region.
The Inter-American Development Bank (IDB) published its report "Building Opportunities for Growth in a Challenging World," in which it addresses the benefits of infrastructure investment and its influence on productivity growth in the countries of the region.
A bill by the Morales administration in Guatemala proposes creating an agency that would manage issues of commercial promotion, competitiveness, investment attraction and country brand.
Representatives from the Ministry of Economy presented in Congress a proposal for a Law to create the Institute for Commercial Promotion, ProGuatemala, which would absorb the functions and staff that at the moment execute the National Program of Competitiveness.
A proposal has been made to create "intermediate cities" in nine areas of the country, in order to bring remote rural areas closer to urban areas where productive development has historically been focused.
From a statement issued by Fundesa:
The proposal to be presented this year in ENADE 2016 has 3 components and is called Strategy 911: Promoting 9 territories identified as Intermediate Cities, promoting the development of 11 production clusters with an impact on job creation and addressing the 11 bottlenecks preventing growth of these sectors.All of this comes under the initiative "Let's Improve Guate" which seeks to reduce poverty through the generation of productive employment for the more than 150,000 young people who join the workforce every year.
The Morales administration intends to raise the GDP growth rate from 3.8% in 2016 to 5.1% in 2021 and increase the rate of annual investment from 3.9% to 7.4% in the public sector and 4, 5% to 7.5% in the private sector.
The annual growth rate of output per worker in Panama has tripled compared to that of Costa Rica after the 2008/09 crisis, Guatemala's grew by just 1%, and other countries maintained similar values to 2004.
From the V Report on the State of the Region 2016:
According to estimates based on data from Cepal, productivity per worker in Central America is below the average for Latin America, which in 2010 was $30,000.Panama and Costa Rica are the closest, with levels above $20,000.The other countries are far from reaching the average: in Guatemala and El Salvador GDP per worker is around $8,500 and in Nicaragua and Honduras it is $3,500 and $5,000, respectively (Figure 4.23).
Protectionist measures that favor dominant firms in domestic markets only extend the inevitable process of globalization, making it more expensive for consumers.
Whether a milk is 'good' or not is decided by consumers themselves by evaluating its quality and cost.Milk has no nationality.It's just milk.
Improve productivity and use of technology and attracting new foreign investment is part of what the union of exporters has proposed to improve the performance of the industry in the country.
When companies become addicted to meetings, it indicates poor management of working hours and decreases employee productivity by at least 30%.
If companies estimated the losses caused by a dozen employees, mostly senior ones, meeting four times a week they would think twice before giving in to "Meetingitis", the cultural tendency to schedule a meeting for every issue. The Mexican consultancy Expandiendo has estimated annual losses for a large business with these habits to be $42,000.
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,...
Beverage Industry Digital Magazine established in 1942, the oldest Spanish trade journal and the only beverage trade magazine serving the Latin American beverage market. It serves soft drink bottlers, brewers, bottled water...
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
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...
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