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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." Nicaragua: $238 million for RoadsThursday, March 1, 2018 With a loan from the BCIE, the improvement and renovation of 195 kilometers of roads in different areas of the country will be financed. The project involves the paving of 194.39 kilometers, divided into six road sections with different asphalt pavement structures, hydraulic concrete and concrete paving slabs. 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"] Nicaragua Imports Less AppliancesThursday, March 8, 2018 The decrease of 5% registered in 2017 with respect to the previous year was explained by a 23% and 9% fall in the import of monitors and refrigerators, respectively. In contrast to the behavior of imports of monitors and refrigerators, washing machines and radio and television broadcasting devices showed increases of 23% and 17%, respectively. Nicaragua: Mortgage Fund for HomesWednesday, March 7, 2018 The union of builders is proposing creating an insured mortgage fund, to provide financing for those who can not meet the requirements demanded by banks. The Chamber of Developers of Nicaragua (Cadur) announced that the fund could start with an initial seed capital of $5 million. The objective of the fund is to finance the purchase of new homes, and to facilitate access to financing for workers in the informal sector or clients that receive remittances from abroad. Taiwanese Looking for Business in NicaraguaWednesday, March 7, 2018 A group of entrepreneurs from the Asian nation will be visiting Nicaragua to buy coffee and cocoa, and also explore new opportunities with local companies in the meat industry. The delegation consists of 14 businesspeople interested in buying mainly coffee and cocoa. According to the Taiwanese ambassador in Nicaragua, Jaime Wu, most of them will be visiting the country for the first time. 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"] Nicaragua: Exports Up 15% in 2017Wednesday, March 7, 2018 In 2017, sales abroad totaled $2.548 billion, 15% more than in 2016, and the increase was explained by exports of agricultural, fishery and manufactured products. The Central Bank of Nicaragua (BCN) reported that " ...At the end of 2017, the merchandise trade deficit registered a decrease of 3.5 percent, totaling 3,113.1 million dollars, which represents a fall of 114.5 million dollars in relation to the deficit generated in 2016." 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: Real Estate Investment in NicaraguaThursday, March 8, 2018 Construction has started in Tola of a mixed tourist complex estimated at $20 million which includes 12 houses, a four-story tower with 18 apartments and a commercial area. Travis and Lucas Boychuk, promoters of the tourism project that will be located in Gavilán beach, reported that for the tourism development called "Surf Ranch Hotel & Resort-Emerald Coast Popoyo", they will be building condominiums, apartments, restaurants, an events center, commercial premises, swimming pools, a spa, casino, gym and other amenities. 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"] Central America: Fuel Prices up to January 29Monday, January 29, 2018 Price of gallon of regular gasoline: Costa Rica $3.93, Nicaragua $3.74, Honduras $3.63, Guatemala $3.31, El Salvador $3.29 and Panama $2.99. From a report by the Ministry of Economy of El Salvador: Plastic Pipe: $268 million in ImportsMonday, January 29, 2018 Between January and September 2017, Central American countries imported $268 million worth of plastic pipe and accessories, 6% more than in the same period in 2016. Figures from the information system on the Central American Market for Plastic Pipes and Fittings, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"] The Forestry Business in NicaraguaMonday, January 29, 2018 African mahogany, teak, pine and eucalyptus are some of the species that fourteen companies in the country cultivate for commercial purposes. From the FUNIDES study "Commercial forest plantations in Nicaragua: Incentives, barriers and opportunities": |
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