About 9 million people in the region are looking to purchase IT solutions, and of this group of consumers, about 8% explore options to buy antivirus or security software.
CentralAmericaData's interactive information system monitors in real time the changes in consumer habits in all markets of the region, with fundamental information to understand the current commercial environment in which companies of all industries must operate.
Including the respective prevention protocols to avoid the spread of the virus, cinemas, beauty salons, auto parts sales, non-contact sports training centers, gyms and swimming schools will be able to open to the public as of May 1st in Costa Rica.
The protocols must be constructed between the institutions and the respective sectors, who may send their proposals to the Ministry or Executive Presidency as appropriate, reported the Ministry of Health.
Personal care items, vehicle accessories, food and beverages are some of the products most demanded by consumers, who have migrated to digital platforms to make their purchases.
In the current scenario of confinement due to the health crisis in the region, consumers have disappeared from physical stores and have migrated to digital platforms to buy their products.
Fear of the unknown and the belief that a serious problem justifies a dramatic response, pushes consumers to make panicky purchases, driven by anxiety and a willingness to calm their fears.
Following the spread of covid-19 worldwide and its declaration as a pandemic by the World Health Organization (WHO), businesses worldwide have reported a considerable increase in the products they offer, which can be explained by consumer behavior in a context such as the current one.
Both companies announced an agreement for La Estancia, Guatemalan and Ecuadorian capital, to acquire a stake in the Panamanian company Toledano.
La Estancia, a company that will have a stake in Toledano, is a consortium born from the merger of Procesadora Nacional de Alimentos C.A. (Pronaca), headquartered in Quito, Ecuador, and Corporación Multi Inversiones (CMI), in Guatemala City.
The transnational UPL announced the acquisition of Industrias BioQuim Centroamericanas S.A., a company dedicated to the manufacture and commercialization of agrochemicals.
This acquisition, which was made through UPL Costa Rica S.A., is the first made by the transnational UPL in the region.
Because the Constitutional Chamber in Costa Rica admitted an action challenging the articles regulating mergers and acquisitions, the file approval processes have been temporarily suspended.
Authorities informed that since last March 19, the Commission to Promote Competition (Coprocom) refrains from approving or failing processes of companies that seek to acquire others or merge in the country.
With a $250 million investment, Liberty Latin America completed the acquisition of 80% of the capital of Cabletica, one of the country's leading cable operators.
Liberty Latin America operates in Chile, Panama and the Caribbean, and with the purchase of Televisora de Costa Rica S.A. will access the Costa Rican market through this cable operator that has more than 327 thousand subscribers.
The Costa Rican Social Security Fund has reported that it will be investing $16 million in the purchase of a new property and $43 million in the remodeling of its main office building in San José.
The works for the design and construction of structural reinforcements and mechanical, electrical and architectural reconditioning of the Laureano Echandi Building, Caja Costarricense Social Security (CCSS) central offices, were awarded last June to Consorcio Edificar-Molina-Guidi for an amount of $43 million.
A growing trend in online shopping is forcing malls to rethink their business models and renew their strategies for attracting customers.
While Internetshopping trends in Central American countries are still a long way behind more developed markets such as the United States, businesses are already starting to feel the effects of increased consumer interest in online shopping.
In Costa Rica a tender is being held for digital printing services, invoices, production of prepaid and photocopied cards for an estimated $9.3 million.
Avianca announced the purchase of 100 aircraft manufactured by Airbus, which will be used to gradually replace aircraft currently operating from Bogota, San Salvador and Lima.
The airline confirmed the purchase of 100 A320neo aircraft type, with the goal of replacing those that operate on the routes to Colombia, El Salvador and Peru.
Authorization has been given to Grupo Prival de Panama to complete the transaction to acquire 100% of the shares of Banco Bansol in Costa Rica.
The financial group of Panamanian origin which also now operates in El Salvador, in addition to Panama, and its incursion into Costa Rica aims to strengthen its process of regionalization. Prival sought approval from the appropriate authorities in October 2014 for the purchase of Bansol.
Complete gray works and at least 48 thousand square meters in the plant located in Down Town are part of the features that the office buildings to be offered to the Ministry of Finance must have.
One of the important specifications required the Ministry is that the building must be located within a radius of 10 kilometers from the main building of the Ministry of Finance.
The Ministry of Finance has justified the purchase pointing to savings of several million dollars every year by concentrating all activities in one building and not having to pay rent.
From a statement issued by the Ministry of Finance of Costa Rica:
Closing the cycle of paying rent in the Ministry of Finance is the purpose of the initiative presented by the chief of this institution and First Vice President, Fallas Helio, for the purchase of a building which would house more than 2,000 of the institution's staff members, from the second quarter of this year.
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