españolGuatemala: Credit to the Private Sector Up 7%Wednesday, May 22, 2019 The rise in microcredits, consumer loans and the construction sector contributed to the 7% year-on-year increase reported in April 2019. Data from the Bank of Guatemala show that between April 2018 and the same month of 2019, credit to the private sector in the country increased from $24.687 million to $26.534 million, which is equivalent to a 7.4% increase. Credit Cards: Discussion Continues in GuatemalaThursday, May 23, 2019 Regarding the new bill presented to Congress at the beginning of 2019, the Superintendence of Banks is of the opinion that the interest rate should not be limited. The Credit Card Law came into force on March 8, 2016, but was suspended at the end of the same month, after business chambers, card issuers and the Bank of Guatemala filed legal appeals before the Constitutional Court (CC). Fruits: Guatemalan Exports Fall 12%Monday, May 20, 2019 During the first three months of the year, the country exported $109 million worth of fruit, 12% less than in the same period in 2018, in part because of the closure of one of the most important companies. Figures from the Banco de Guatemala detail that between the first quarter of 2018 and the same period of 2019, foreign sales of fresh, dried and frozen fruits decreased from $123 million to $109 million. Food: Peruvian Trade Mission to GuatemalaMonday, May 20, 2019 On May 24, a delegation of 12 companies from the South American country will visit Guatemala to offer local distributors foods such as avocado, apples, asparagus, blueberries and others. The event, promoted by the Guatemalan Chamber of Commerce, will be held in a hotel south of the Guatemalan capital.
MARKET STUDY
Washing Machines: $101 Million in Regional PurchasesThursday, May 23, 2019 In the first nine months of 2018, Central America imported $101 million in washing machines and their parts, and purchases from Thailand grew 8% compared to the same period in 2017. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics] Public-Private Partnerships: Where Would They Work Better?Thursday, May 23, 2019 Guatemala, El Salvador and Costa Rica are the countries in the region with the best conditions to develop Public-Private Partnerships, followed by Honduras, Nicaragua and Panama. The 2019 Infrascope index, which evaluates 23 indicators and 78 qualitative and quantitative sub-indicators in Public-Private Partnerships (PPP) in Latin America, is prepared by The Economist Intelligence Unit and has the financial backing of the Inter-American Development Bank (IDB). Drastic Change in the Electoral ScenarioThursday, May 16, 2019 One month before the presidential elections in Guatemala, the Constitutional Court decided to remove from the election Zury Ríos and Thelma Aldana, two of the candidates with the highest voting intentions among the population. The country's electoral process has been turbulent, since Zury Ríos and Thelma Aldana, presidential candidates who from the beginning headed the voting intentions for the 2019 General Elections, had multiple difficulties. Trade Mission from Guatemala to the Dominican RepublicThursday, May 23, 2019 From July 22nd to 25th, Guatemalan companies focused on mass consumption will meet with Dominican buyers, and will learn about market trends through visits to major supermarkets. The mission, organized by the Guatemalan exporters' guild, is aimed at national companies focused on mass consumer products, who will have the opportunity to have business appointments with Dominican buyers, hold meetings with institutions in the destination country, and learn about market trends. Construction Materials: Prices up to April 2019Thursday, May 23, 2019 During the first four months of the year, the price of 1 x 2.44 metre red corrugated sheet grew 5%, and in the case of rustic pine formwork wood, it fell 2%. The Index of Prices of Construction Materials -IPMC-, elaborated by the National Statistics Institute (INE), measures the variations of the prices of the eighty-nine (89) materials and services that integrate the representative basket of inputs that are used in the construction activity, using as base month December 2018 = 100.0.
MARKET STUDY
Televisions: Regional Purchases Up 19%Wednesday, May 22, 2019 During the first nine months of 2018, television imports in Central America totaled $335 million, 19% more than the same period in 2017. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics] Extinction of Domain and Fundamental RightsWednesday, May 22, 2019 The bill being discussed in Costa Rica basically seeks to extinguish the assets of organized crime, but there are those who claim that as proposed, it puts at risk the presumption of innocence of individuals. The extinction of domain is a concept that in practice refers to seizing or confiscating assets linked to criminal activities, and then transferring them in favor of the State. Tender for the Design of Maritime TerminalsTuesday, May 21, 2019 In Guatemala, the designs of the cruise terminal and the liquid bulk terminal, both in the National Port of Santo Tomas de Castilla, Puerto Barrios, Izabal, are tendered. Guatemala Government Purchase 10213864: Heavy Transport Restriction ControversyWednesday, May 8, 2019 In Guatemala, the Escuintla municipality issued an agreement that restricts the circulation of heavy transport in the city in specific times, which is rejected by businessmen in the sector. Municipal Agreement 064-2018, which comes into force on May 8, 2019, consists of restricting the movement of heavy transport from 6:30 to 8:30 hours and from 17:00 to 19:30 hours in the municipality of Escuintla, which is on the route to Puerto Quetzal, one of the most important maritime terminals in the country.
CONSUMER STUDIES
What Kind of Food do Guatemalans Prefer?Tuesday, May 21, 2019 13% of consumers are interested in Japanese cuisine, and about 74% of them are between 15 and 30 years old, and have a high level of purchasing power. An analysis of consumer interests and preferences in Guatemala, compiled by CentralAmericaData's Trade Intelligence Unit, provides interesting results on the characteristics and people who express interest in cuisine and gastronomy from different countries and styles. [GRAFICA caption="Click to interact with graphics]
MARKET STUDY
Wood: $206 Million in Regional SalesTuesday, May 21, 2019 In the first nine months of 2018, $206 million in wood and wood products were exported from Central America, and 52% were sold by companies in Costa Rica and Panama. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics] |
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Friday, May 24, 2019 - last update: 6:47 pm
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