BUSINESS OPPORTUNITY
Tender for Technical Commercial Management ServicesMonday, July 18, 2022 The Dominican Republic is seeking to contract EDENORTE's technical commercial management services in five sectors, to provide services in the concession areas. Government of the Dominican Republic purchase EDENORTE-CCC-LPN-2022-0005: Water Resources: Draft Bill in El SalvadorMonday, June 21, 2021 The draft bill called "General Law of Water Resources" was submitted to the Legislative Assembly, a legal framework that would empower the Salvadoran Water Authority to authorize the use of water to sub-sectors, state entities and private entities. In order to benefit the Salvadoran population, the Minister of Environment, Fernando Lopez, delivered to the President of the new Legislative Assembly, Ernesto Castro, the preliminary draft of the General Law of Water Resources, informed the Assembly on June 19. More Confidence to Invest = Less MigrationWednesday, June 9, 2021 Following the visit of US Vice President Kamala Harris to Guatemala, the business sector assures that in order to reduce illegal migration from Central America to the US, it is necessary to create a favorable and comfortable environment for local and foreign investment in the countries of the region. As part of Harris' visit to Guatemala, Agexport prepared a document with proposals that reflect the experience it has accumulated over many years, incorporating Guatemalans and small rural businesses into export chains, generating income that allows them to remain in their territories. Nicaraguan Dairy Aims at GuatemalaThursday, May 6, 2021 In terms of volume traded, dairy sales to Guatemala have gained ground and are currently the second most important market for Nicaraguan companies. During the first quarter of 2021 Nicaragua exported 17.14 million kilograms of dairy products, of the total volume 12 million kilograms were purchased by Salvadoran companies, 2.61 million kilograms were placed in the Guatemalan market and 2.04 million kilograms were traded in the United States. Pork Traceability to Reduce Illegal TradeTuesday, May 4, 2021 In order to improve the sector's production management and guarantee safe pork trade, the Guatemalan government is moving forward with the implementation of the Official Pork Traceability Program. The program, which is being implemented by the Ministry of Agriculture, Livestock and Food (Maga), consists of placing radiofrequency button-type and flag-type devices for breeding animals. Blow to Democracy ReportedMonday, May 3, 2021 After the dismissal of the magistrates of the Constitutional Chamber and the Attorney General in El Salvador, the business sector affirms that these are "facts that consolidate an attack against democracy and threaten the liberties of Salvadorans". In the elections held last February 28, Nuevas Ideas, a party led by president Nayib Bukele, achieved a resounding victory that allows it to have a qualified majority in the Legislative Assembly. Human Development: Lights and Shadows in the RegionTuesday, December 15, 2020 At the end of 2020, Honduras, Nicaragua, Guatemala and El Salvador remained at the bottom of the Human Development Index ranking, while Costa Rica and Panama were better evaluated. The report entitled The Next Frontier, Human Development and the Anthropocene, which was published on December 15, 2020 at the global level, updates the Human Development Index (HDI) that is calculated by the United Nations Development Program (UNDP). Livestock: Less Sales due to RestrictionsTuesday, September 8, 2020 In Guatemala, for the months when the quarantine was most severe, sales of live cattle were cut in half due to movement restrictions, lack of transportation, and market closures. Due to the covid-19 outbreak, authorities agreed to impose severe restrictions on the circulation of people during April, May, June, and July, including total closures of the economy during several weekends. Nicaragua: Low Electricity Rates AnnouncedFriday, June 26, 2020 The authorities announced that a 3% reduction in the price of electricity will be applied as from July 1st, a reduction that would be not enough in the current context of tariff increases. The Government informs that as of July 1st of this year 2020, Nicaraguan families will enjoy a 3% reduction in electricity rates, which in addition to benefiting the users of the energy service, contributes to guarantee the technical and economic stability of the Electricity Sector, says an official statement. El Salvador: Air Traffic Opening BeginsMonday, June 15, 2020 As of June 16, El Salvador will begin the gradual opening of logistics services at the Cargo Terminal at the Oscar Romero Airport, and the re-establishment of commercial flights is scheduled to begin on August 6. As part of the return to the new normal, after eliminating the restrictions imposed by the covid-19 outbreak, the Autonomous Port Executive Commission (CEPA) informed that the Cargo Terminal of the "San Oscar Arnulfo Romero y Galdamez" International Airport will begin with the gradual reopening of its export and import logistics services under strict biosecurity protocols. Mining Company: Legal Measures to Resume OperationsWednesday, June 10, 2020 Minera Panama filed a protection action, because since April 6 the Ministry of Health ordered the closure of the Donoso mining project, for reporting an outbreak of covid-19 among the company's staff. The Ministry of Health (Minsal) suspended the activities of the mining project located in the province of Colon, after several workers became infected with covid-19 and two of them died from the virus. Tourism in Danger by Covid-19Thursday, March 26, 2020 One of the most relevant sectors for the Costa Rican economy is declared in "Total Emergency and State of Calamity", as it is the first time in the "zero" season that total income ceases. The Board of Directors of the Costa Rican Tourism Institute (ICT) stated that all State institutions, Powers of the Republic, Autonomous and Semi-Autonomous Institutions, as well as Municipalities throughout the country, are required to collaborate in the broadest and most expeditious manner within the framework that the serious reality demands, in order to alleviate the situation of the Private Tourism Sector. Guatemala: Slightly Lower Unemployment RateFriday, January 17, 2020 Between 2018 and 2019, the unemployment rate in the country did not vary significantly, falling by just 0.3% from 2.8% to 2.5%. Data from the 2019 National Income and Employment Survey (ENEI 1), prepared by the National Statistics Institute (INE), show that at the time of the survey the unemployed population was 179,000, down from 194,000 in the ENEI I of 2018. Minimum Wage: Negotiation begins in PanamaWednesday, October 16, 2019 The union sector aims for a minimum wage of $1,040 by 2020, but employers say the current economic situation does not lend itself to substantial increases. Workers, employers and government representatives in Panama are discussing adjustments to the minimum wage, the changes to which must come into effect on January 1, 2020. Costa Rica: Government to Sell Electric KitchensMonday, September 30, 2019 Instead of focusing on being more efficient in its lines of business and stop generating losses, the Costa Rican Electricity Institute will now focus on marketing electric kitchen templates for residential use. Directors of the Costa Rican Electricity Institute (ICE) stated that after evaluating consumers' purchasing intentions and conducting a financial and risk analysis, they concluded that the launch of the product, called induction templates, in the Costa Rican market is justified. |
|