españolDifficulties in Moin PersistThursday, June 20, 2019 Delays in the attention of containers in the terminal in charge of APM Terminals, congestion in the yards, cuts in the electrical flow and the computer system, are some of the complaints of the exporting sector of Costa Rica. Complaints of delays in the port in Limon and in charge of APM Terminals are not new, because in early April, five weeks after the start of operations of the Moin Container Terminal (TCM), reported delays of at least 25 hours of work, which was due, according to the authorities, to the demarcation work of the road between San Jose and Limon.
MARKET STUDY
Bottled Water: More Business with U.S. in 2018Monday, June 17, 2019 During 2018, bottled water imports into the region totaled $24 million, and purchases from U.S. companies reached $13.3 million, 5% more than in 2017. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"] Dairy: Less Competitors in Costa RicaTuesday, June 18, 2019 Seven years after entering the market with the commercialization of milk under the Mú! brand, Florida Ice & Farm decided to sell the brand to Grupo Lala. In early October 2012, the announcement was made that after purchasing a dairy cooperative, Florida Ice & Farm Co. (Fifco) was launching its Mú! milk brand, which would also compete in custard, ice cream, yogurt and cream.
MARKET STUDY
Optical Fiber Cables: Less Purchases in 2018Wednesday, June 19, 2019 In 2018, companies in Central American countries imported $60 million of fiber optic cables, 6% less than in 2017. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"] Honduras: More Meat Bought Than SoldWednesday, June 19, 2019 Businessmen of the sector estimate that annually they export near $9 million in bovine meat, below the $10 million reported in imports. For the National Federation of Farmers and Cattlemen of Honduras (Fenagh) it is contradictory that the trade balance is unfavorable, since the annual production of meat is 60 thousand tons, and in spite of having surpluses it is resorted to the import. Businessmen Call for a Fast Economic RecoveryTuesday, May 7, 2019 For the business sector, it is urgent for the Costa Rican government to start setting deadlines in the economic reactivation agenda, and in the changes that will be made to overcome competitiveness deficiencies. According to the II Quarterly Business Survey, there are multiple deficiencies in the topic of competitiveness. For example, businessmen were asked if they considered that there were advances in simplifying procedures and 72% of those consulted said no, while only 24% considered that positive changes are perceived. Central America: Customs Difficulties PersistWednesday, June 19, 2019 Because the implementation of the Central American Single Declaration continues to generate problems in customs in the region, the contingency plan for DUCA F and DUCA was extended until June 27. "If you use the Contingency Plan, we suggest that you make sure you arrive at the destination country with the DUCA F and DUCA T duly processed and the supporting documents," reported the Guatemalan Association of Exporters. Panama Is Preparing to Export Meat to ChinaTuesday, June 18, 2019 After completing all the requirements, Panamanian authorities announced that next June 21 will leave the first container with 200 tons of beef bound for the Asian country. At the end of March, it was reported that the meat product plants that received the endorsement of the General Administration of Customs of China to start marketing their products were Matadero de Chiriquí, S.A. (Machisa), Unión Ganadera, S.A. (Ungasa) and Macello. Best Business Outlook for the 2nd QuarterTuesday, April 30, 2019 In Costa Rica, between the first and second quarter of the year, the Global Expectations Index reported a 5% increase, explained by an improvement in the prospects of almost all productive sectors. From the total number of businessmen who replied to the survey, approximately 70% do not anticipate changes in the hiring of labor, 13% expect increases and 17% expect reductions, according to the report prepared by the University of Costa Rica. Business Opportunities in MoroccoThursday, May 16, 2019 At least 183 products, especially from the food, metalworking and chemical sectors, stand out for their marketing potential in the Moroccan market. The Foreign Trade Promoter of Costa Rica (PROCOMER), prepared the study "Mapping Morocco: the commercial gateway to Africa", which identified 183 products with theoretical potential to be exported to this destination. Food Service: Opportunities in the U.S.Tuesday, May 28, 2019 This cannel represents 42% of total spending by U.S. consumers on food outside the home, making it the sixth country in the world with the highest per capita spending on food in this type of channel. The study "Characterization of the foodservice channel in the United States", by Procomer Costa Rica, indicates that 33% of what Costa Rica exports to the U.S. Investment in Free Trade Zones IncreasesTuesday, May 28, 2019 In the Dominican Republic, contracts were approved for the development and operation of four parks in export processing zones and 13 permits for the installation of companies. The National Council of Export Processing Zones (CNZFE) reported last May 21 that it approved permits for two new parks of processing zones to be built in Boca Chica, and another in Nigua. Guatemala: Industrial Activity Begins 2019 DownwardFriday, May 31, 2019 The economic slowdown in the U.S., the main trading partner, partially explains the 6% year-on-year drop in the Industrial Activity Index reported during the first quarter of the year. According to the Industrial Activity Index (IAIG) compiled by Central American Business Intelligence (CABI), the productivity of the 14 industrial sectors have been affected by the increase in the price of gasoline, the new fall in commodity prices, the stagnation of national investment and smuggling. Strong Rebound in Business ConfidenceThursday, May 30, 2019 After in March 2019 the Confidence in Economic Activity Index in Guatemala dropped 6% in year-on-year terms, in May the increase was 14% regarding the same month in 2018. The report of the Banco de Guatemala reviews that "... the inflationary rhythm is forecast at 4.50% for May as well as June and 4.48% for July 2019. Regarding December 2019 and 2020, the Panel foresees an inflationary rhythm of 4.49% and 4.55%, in that order. In addition, for a horizon of 12 and 24 months (May 2020 and May 2021) the Panel predicts an inflationary rhythm of 4.42% and of 4.39%, respectively. World Business Forum in GuatemalaThursday, April 10, 2014 The fourth edition of the Latin America World Business Forum AILA 2014 will be held in Guatemala City on September 10th 2014. From a statement issued by World Business Forum Latin America: |
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Monday, July 15, 2019 - last update: 7:23 pm
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