españolRadio Spectrum: Nine Blocks AwardedTuesday, December 10, 2019 At the auction held in El Salvador for the 1.7 and 2.1 GHz bands, Tigo was awarded five blocks and Claro was awarded four more. For the auction held on December 5, the 1.7 and 2.1 GHz bands of the radio spectrum were made available, which is structured in 12 blocks, however, only nine blocks were awarded. Water and Sanitation: $85 Million in InvestmentsWednesday, December 11, 2019 As part of the non-reimbursable cooperation programs that China will implement in El Salvador, $85 million was announced for the construction of water treatment plants in Ilopango and La Libertad. On December 3, the Chinese Embassy in El Salvador reported that within the framework of non-refundable assistance, the Asian nation will support the construction of six projects, including a new National Library, a national stadium and a Surf City project, in order to promote joint development and increase the welfare of both peoples. Supermarkets: New Investment in El SalvadorTuesday, December 10, 2019 After investing $3 million, the Super Selectos chain opened a new 2,000-square-meter point of sale in the El Encuentro shopping center in the municipality of San Miguel. Directors of Grupo Callejas, a business conglomerate that owns the supermarket chain, reported that the new sales point has 35,000 available products, a bakery with fresh products, meats, fruits and vegetables. Incentive to Import Electric CarsMonday, December 9, 2019 As of January 2020, electric vehicles imported into El Salvador and Honduras will be exempt from the import duty, which was 30% in El Salvador until now. The measure, which will be applied in both countries, was approved at the session of the Council of Ministers of Economic Integration (COMIECO), held in El Salvador on December 5 and 6.
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Pet Food: Business with Mexico Up 10%Wednesday, December 11, 2019 From January to June 2019, companies in the region imported $93 million in food for dogs and cats, and purchases from Mexican companies increased 10% over the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
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Plastic Tubing: Figures in Central AmericaTuesday, December 10, 2019 From January to June of this year, Central American countries imported $193 million in plastic tubing and fittings, and companies in Costa Rica and Panama accounted for 64% of total regional purchases. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"] Coffee: Sales to Malaysia and China ImproveTuesday, December 10, 2019 Guatemalan producers reported that for the 2018-2019 harvest, exports to these Asian markets gained importance, as Malaysia was sold 103,000 quintals of green coffee and 80,000 to China. Figures from the National Coffee Association (Anacafe), specify that for the 2018-2019 agricultural cycle the export of coffee was 4.6 million quintals gold and generated a foreign exchange income of $663 million. Pharmacies: Chain Purchase with Good ResultsTuesday, December 10, 2019 Since Farmacias Sucre acquired most of the shares of Farmacias Santa Lucía in Costa Rica, sales of the latter have increased by 70%, mainly because of investments made in inventory.
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Beer: Business with U.S. Increases 31%Monday, December 9, 2019 In the first six months of 2019, beer imports into Central America totaled $108 million, and purchases from the U.S. increased 31% over the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"] Central America: Corn Harvest Expected to DeclineMonday, December 9, 2019 FAO estimates that by the end of 2019 the production of grain in the region will be 29.8 million tons, below the average volume reported in the last five years. The decline in the volume harvested will be because of the rainfall deficits that this year affected grain crops in most countries, reported the Food and Agriculture Organization of the United Nations (FAO). Rice Producers Win and Government Declares Price AdjustmentMonday, December 9, 2019 Arguing that there are justified reasons to increase the price of pile of rice, in Costa Rica the Alvarado administration authorized a 1.9% increase in the final price to the consumer. With the increase decreed by the Ministry of Economy, Industry and Commerce (MEIC), the price per kilo will rise from $1.06 to $1.08, for the variety with 20% broken grain, also known as 80/20. Basic Grains: Fall in 2019-2020 Harvest ExpectedMonday, November 25, 2019 In El Salvador, it is projected that in the current agricultural cycle, the corn and bean harvests will fall by 5% and 8%, respectively, compared to what was predicted at the time of planting. The forecasts of the Chamber of Small and Medium Agricultural Producers (CAMPO) and the National Association of Rural Producers of El Salvador (ANPRES), specify that in the case of corn there are about 20,000 manzanas of crop damaged, which would imply a loss of investment of approximately $19 million.
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Corn: Businesses in the Region Still RisingFriday, December 6, 2019 During the first half of the year, corn imports from companies in the region totaled $437 million, 15% more than reported from January to June 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"] Tender for Airport RemodelingThursday, December 5, 2019 The Autonomous Executive Port Commission of El Salvador tenders the remodeling of the access facilities at Oscar Romero Airport. The purpose of the public tender is to contract the services of remodeling of the facilities of access 6 of the International Airport of El Salvador, San Oscar Arnulfo Romero and Galdámez, according to everything required in the Technical specifications, plans, etc., by means of a Natural Person, Legal, Union of Persons, and/or Joint Participation of Suppliers (Legalized), National or Foreign. Vertical Housing: New Investment in El SalvadorThursday, December 5, 2019 Grupo Roble began building a 15-story residential tower in the country's capital, which will house 96 apartments and is expected to be ready by the end of 2020. According to the directors of the real estate company, the building called "Altos Tower" that is located on the extension of the Alameda Juan Pablo II of San Salvador, will have a parking lot with capacity for 224 vehicles. |
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Friday, December 13, 2019 - last update: 4:50 pm
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