españolRestaurant Closed in NicaraguaMonday, February 17, 2020 In a context of falling production, the restaurant La Marseillaise, which operated in the country's capital, announced that it will temporarily close its facilities. The French food restaurant, which had a capacity to serve 150 people and had been operating in Managua for more than four decades, made its closure official in a brief statement.
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Auto Parts: Salvadoran Market Grows at 9%Friday, February 14, 2020 Between January and September 2019, imports of vehicle parts into El Salvador reached about $130 million, a 9% increase over the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption "Click to interact with graphics"] Fabrics: New Industrial Plant in HondurasThursday, February 13, 2020 With a $41 million investment, a Nike sportswear manufacturing plant will be built in San Pedro Sula. Businessmen from Grupo Kattán and Corporación Tegra Global, informed that the new industrial site will have an area of 63 thousand square meters and will be located in the free zone of Inmobiliaria Hondurena del Valle S.A. (Inhdelva). Costa Rica: NO to the Removal of Bank SecrecyMonday, February 17, 2020 Facing the proposal of the authorities to abolish the banking secrecy in the country, businessmen of the industrial sector are opposed, because they argue that there are already legal procedures in the country to do it through a judge. Beef: Export Alternatives to the U.S.Monday, February 17, 2020 Because Panama lacks the certifications required by the U.S. country, authorities of that country are analyzing the possibility of exporting through certification in a laboratory in Honduras. According to the authorities of the Ministry of Agricultural Development (MIDA), the U.S. authorities agree that Panama should certify the quality of the meat through analysis by Honduran laboratories. Cement: New Competitor in El SalvadorFriday, February 14, 2020 After Monterrey business group completed the construction of its new industrial plant with capacity to produce 120 thousand tons of cement per year, the company is preparing to start selling in the local market. In September 2019 it was reported that the company had begun construction on a 10-block site located in the municipality of Acajutla, an industrial complex for the manufacture of cement.
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Glass: Purchases to China Grow at 6%Friday, February 14, 2020 From January to September 2019, imports of glass and its manufactures in Central America reached $220 million, and purchases from companies in China grew by 6% over the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption "Click to interact with graphics"] Concerns Over Power Supply ContinueMonday, February 17, 2020 In view of the possibility of energy rationing for the summer season in Honduras, businesspeople are calling for the tender processes for the supply of electricity to be speeded up. At the end of 2019, the business sector had already stated that due to the debt that the National Electric Energy Company has with the generators, it is feared that in 2020 there will be rationing in the supply of electricity.
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Motorcycles in Guatemala: $117 Million in PurchasesThursday, February 13, 2020 From January to September 2019, motorcycle imports into the Central American country reached $117 million, and 80% of total purchases were made from companies in China and India. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"] Tender for $3 Million in Food SuppliesWednesday, February 12, 2020 The National Police of the Dominican Republic tenders the supply of different types of items for the preparation of food rations. Dominican Republic Government purchase NATIONAL POLICE-CCC-LPN-2020-0001: China Buys More Costa Rican BeefThursday, February 13, 2020 After the sanitary protocol to sell meat to China came into effect and the industrial plants in Costa Rica were certified, the Central American country's sales to the Asian giant doubled between 2018 and 2019. Figures from the Foreign Trade Promotion Agency (Procomer) show that in 2018 beef sales to China reached $22 million, while in 2019 they doubled to $57 million. Panama: $47 Million for Tourism ProjectThursday, February 13, 2020 CIFI and BID Invest authorized a loan for West Report S.A. to develop, build and operate a hotel complex in Bocas del Toro. The new hotel, which will have 118 rooms, several restaurants, a spa and other meeting places for its guests, will be operated under the brand name Viceroy Hotels and Resorts, reported CIFI. More Inspections of Imported Dairy Products RequestedWednesday, February 12, 2020 Arguing that quality and health standards are not being met, Salvadoran farmers are asking for greater controls on milk products entering from Nicaragua and Honduras. CentralAmericaData reports that from January to September 2019 El Salvador was the main buyer of milk and dairy products from the other Central American countries, importing $106 million, of which $78 million was bought from Nicaragua, $14 million from Costa Rica and another $13 million from Honduras.
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Light Trucks: $123 Million in Regional PurchasesTuesday, February 11, 2020 From January to September 2019, the countries of the region imported light trucks for $123 million, and 53% was purchased by companies in Guatemala and Costa Rica. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption "Click to interact with graphics"] Guatemalan Exports Up 2% in 2019Thursday, February 13, 2020 During 2019, the global amount of exports reached Ch$11,184 million, with clothing, bananas, coffee, sugar and cardamom being the main products sold abroad. The total amount of General Trade exports was of Ch$11,184 million, higher by Ch$214 million (2%) than that recorded in 2018 (Ch$10,970 million). |
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Wednesday, February 19, 2020 - last update: 5:30 pm
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