Electric Transformers Market in Central AmericaThursday, March 1, 2018 From January to September 2017, countries in the region imported $229 million worth of electrical transformers, and 43% were purchased by companies in Costa Rica and Panama. Figures from the information system "Market for Electric Transformers and Converters and Reactor Coils in Central America" , compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"] Expocomer: $130 million Foreseen in Business ProjectsThursday, March 1, 2018 The organizers estimate that commercial transactions made between participants will amount to around $130 million, and the economic benefit for Panama could be $45 million. "... 'We have an excellent Expo, with very good expectations. We will have to wait for the numbers at the end of the event, but we hope that the economic spillover for the country will be at least equal to last year's, that is to say, worth about $45 million. Business transactions between participants should be in the order of $130 million," Inocencio Galindo, president of the Chamber of Commerce and Industries of Panama (CCIAP), told La Estrella de Panamá." Printers: A $267 million BusinessFriday, March 2, 2018 In the first nine months of 2017, countries in the region imported $267 million worth of printing machines and equipment, and 45% was purchased by companies in Costa Rica and Guatemala. Figures from the information system on the Central American Market for Printing Machines and Apparatus, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"] Elections, Competitiveness and ExportsThursday, March 8, 2018 Three weeks ahead of the ballotage in Costa Rica, exporters are demanding more flexibility from the candidates, modernization of the port of Caldera and better security controls at ports and on roads. One of the issues that has most affected the flow of international trade in Costa Rica in recent years has been the security of exports and how these have been damaged by theft and constant interception of containers. This is one of the issues which exporters are demanding more attention be paid to by the government that will take office on May 1. Costa Rica: Rise in Rates in DollarsThursday, March 8, 2018 The Effective Rate in Dollars has risen from 2.29% to 2.33%, while the Passive Base Rate fell from 6.1 to 5.95%. The Central Bank of Costa Rica published on the afternoon of Wednesday, March 7 news that after a rise in the last few weeks, the Passive Base Rate registered a reduction of 0.15%, and will remain at 5.95% until Wednesday, March 14th.[GRAFICA caption = "Click to interact with graph"] Costa Rica: $50 million for Production PlantWednesday, March 7, 2018 The Coca Cola company has announced that it will be building a production plant for raw materials in Liberia, which will replace the current one that operates in La Uruca, which will close in the short term. The production plant will be built on an area of 103 thousand square meters in Liberia, Guanacaste, where earthmoving works have already started, as representatives of Coca Cola explained at a press conference. Tender: Closed Circuit TelevisionWednesday, March 7, 2018 The Costa Rican Security Council is putting out to tender the implementation of a CCTV solution for the Transit Police delegations and retained vehicle depots. Costa Rica Government Purchase 2018LN-000001-0058700001: More Cruise Ships Arriving in Costa RicaWednesday, March 7, 2018 During the 2016-2017 season, 250 cruise ships arrived at the country's ports, representing an increase of 34% over the previous season, and the number of tourists on board increased by 16%. According to official figures, between the seasons 2015-2016 and 2016-2017, the number of tourists who arrived on board cruises grew by 16%, rising from 242,930 to 280,854. Costa Rica: Annual Inflation up to February 2017 is 2.2%Wednesday, March 7, 2018 In February, the CPI registered a monthly variation of 0.62%, mainly explained by prices of Food and non-alcoholic beverages, and Education. From a report by the National Institute of Statistics and Censuses of Costa Rica: Rubber: Trade between Mexico and Central AmericaWednesday, March 7, 2018 In 2017, exports of rubber and its manufactures from Central America to Mexico totaled $84 million, 93% more than the previous year. Figures from the information system on the Rubber Market and its Manufactures in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"] Central Bank Vs. Commercial BanksMonday, March 5, 2018 For six-month term savings in colones, the Central Bank in Costa Rica is offering a return of 8.10%, a rate that is higher than that available at commercial banks. In order to attract money from savers in colones in six months terms, the rates currently offered by financial institutions are 8.10% in the case of the Central Bank (Banco Central), 6.85% at Banco Nacional, 6.75% at Banco de Costa Rica and 6.40% in Promérica. Food: Global Prices up to February 2018Monday, March 5, 2018 In February, the FAO food price index fell by almost 3% in year-on-year terms, due to a drop in prices of sugar and vegetable oils. From the monthly report on the FAO food price index: Tender: Food ServicesTuesday, March 6, 2018 The Costa Rican Sports Institute is putting out to tender a supply of food for the final stage of the Icoder 2018 national sports games. Costa Rica Government Purchase 2018LN-000001-0011400001: New Beer Production PlantTuesday, March 6, 2018 Florida Ice and Farm's new plant in Costa Rica has capacity to produce up to 74 thousand cans of beer per hour. The new facilities required an investment of $15 million in machinery and infrastructure, and will allow the company to increase its production capacity of beer and other alcoholic beverages by 40%. Aluminum Market in Central AmericaThursday, March 8, 2018 From January to September 2017, countries in the region imported $430 million worth of aluminum and its manufactures, and 45% was purchased by companies in Costa Rica and Guatemala. Figures from the information system on the Central American Market for Aluminium and its Manufactures, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"] |
![]() |