The preference for electronic financial transactions increases everyday, but the trend is to migrate to contactless payments, which will allow consumers to make their purchases 10 times faster than the traditional way.
Specialists in the subject explain that unlike the payment methods that until now are the most used in the region, contactless payments simply consist of holding a card in a payment reader to proceed with the transaction.
The Coca-Cola Company authorized the concentration consisting of the acquisition by The Coca-Cola Company of the brands Oasis and Cristal and other distinctive signs that protect bottled water products, as well as the granting of a bottling and distribution contract for such products to La Constancia.
The Superintendence of Competition reported that this contract will allow La Constancia to bottle and distribute the products of the mentioned water brands, under the terms that it already does with other brands of non-alcoholic beverages owned by The Coca Cola Company (TCCC) and that are marketed in the Salvadoran market.
Between the first semester of 2018 and the same period of 2019, the volume sold of fertilizers and agrochemicals fell by 13%, a decrease explained by the political crisis reported since April last year.
Figures estimated by the Association of Formulators and Distributors of Agrochemicals (Anifoda), specify that this is the second year that decreases in sales are reported, because between the first half of 2017 and the same period of 2018, the volume of fertilizer sold fell by 5%, falling from 110 thousand tons to 104 thousand tons.
Following the downward trend reported in recent years, between January and April this year 15,771 vehicles were registered in the country, 8% less than in the same period in 2018.
The latest report of the General Comptroller of the Republic, details that between the first quarter of 2018 and the same period of 2019, the number of units registered in the country fell from 17,098 to 15,771.
The supermarket chain accuses the Ministry of Economy of Costa Rica of not carrying out adequate controls to avoid the practice of selling rice with another product added as a gift, known as bandeo.
The practice reported by the supermarket chain before the Contentious-Administrative Court on June 20, in which the Ministry of Economy, Industry and Commerce (MEIC) is accused of not controlling it, is known as "bandeo" and is prohibited by a decree that has been in force since April 4, 2017.
Starting in August, Correos de Costa Rica will implement a web portal called "Marketplace", which will be focused on marketing products of micro, small and medium enterprises.
The new portal will offer the functionalities of online payments, delivery logistics through the Pymexpress service, in addition to allowing companies to implement marketing campaigns, as well as the generation and use of QR codes.
Applying segmentation techniques, making comparisons with the prices of other products, and applying discounts to customers who have eco-friendly practices are some of the strategies that can help maximize the sales profitability.
Ariel Baños, a price management specialist and founder of Fijciondeprecicios.com, explains how simple techniques completely applicable to any business can be turned into intelligent and creative pricing strategies to maximize profitability.
The airline completed the sale of its shareholding in the Central American companies Sansa and La Costeña, which operate domestic flights in Costa Rica and Nicaragua, respectively.
The completion took place on May 31, 2019 and is an improvement of the share purchase agreement signed on April 22 between the parties, reported Avianca in a statement.
According to the downward trend reported in recent years, between January and April this year 15,771 vehicles were registered in the country, 8% less than in the same period in 2018.
The most recent figures of the General Comptroller of the Republic, detail that between the first quarter of 2018 and the same period of 2019, the number of units registered in the country fell from 17.098 to 15.771.
In El Salvador, the Superintendence of Competition reported that "it has declared inadmissible the request for economic concentration presented by América Móvil S.A.B. de C.V., on March 5 of this year."
"When a new application for authorization is submitted, the SC will continue this process on the basis of a technical, legal and economic analysis, under the principle of independence that the LC mandates and distinguishes its actions, with the sole objective of protecting and ensuring competition in the country," reported the Superintendence of Competition (SC).
The company Automercado plans to launch during the second half of the year a new sales point in Guayabos, Curridabat.
Representatives of the company informed that with the opening of the new Auto Mercado, they would be reaching 42 sales points, of which 19 are in the Greater Metropolitan Area.
The company reported that it has transferred the entire share capital of Telefónica Celular de Nicaragua, S.A. to Millicom International Cellular, S.A., for a price of $437 million.
On May 16, Telefónica S.A. reported that "Following the communication published on February 20, 2019 (with entry registration number 274959), Telefónica announces that once the relevant regulatory approvals have been obtained, Telefónica Centroamérica Inversiones, S.L.., a company owned, directly and indirectly, 60% by Telefónica and 40% by Corporación Multi Inversiones, has today transferred the entire share capital of Telefónica Celular de Nicaragua, S.A. to Millicom International Cellular, S.A. for a price of 437 million dollars, approximately 390 million euros at the current exchange rate". Consult Telefónica's full press release.
In Costa Rica, 2,220 grocery stores are reported to operate in different parts of the country, generating about $820 million in revenue, and 80% of their customers are located within a 1.5 kilometer radius.
Nacion.com reports that according to a study of the Fundes organization, in 2018 in Costa Rica there were 2,224 traditional grocery stores, and that most of the stores operate up to 14 hours a day and 80% of their customers live within a 1.5 kilometer radius of their location.
As a result of the downward trend reported in recent years, between January and March this year 11,292 vehicles were registered in the country, 11% less than in the same period in 2018.
The most recent data from the General Comptroller of the Republic detail that between the first quarter of 2018 and the same period of 2019, the number of units registered in the country fell from 12,618 to 11,292.
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