españolPanama will Reactivate International FlightsWednesday, September 23, 2020 More than five months after the suspension of commercial air transport in the country, the Civil Aeronautics Authority reported that as of October 12, international flights will be reactivated. With the o aim of containing the spread of covid-19, since March 22nd, arrivals and departures of all international flights have been suspended. The measure was made official in Decree No. 244 dated March 19, 2020, this decision affected the operation of 20 commercial passenger lines.
OPPORTUNITY AND BUSINESS
Tender for Fuels in PanamaThursday, September 24, 2020 The General Directorate of Public Procurement tenders the supply of fuel for state entities, for a two-year term.
MARKET STUDY
Liquid Pumps: Business with Mexico UpwardsThursday, September 24, 2020 From January to March 2020, Central America imported $56 million in liquid pumps, and purchases from companies in Mexico grew 8% compared to the first quarter of 2019. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
MARKET TRENDS
Central America: Wine Gains Market in QuarantineThursday, September 24, 2020 In the last few months, the interest in wine in the digital environment has been increasing, a rise that can be explained by the behavior of consumers in all markets of the region. Through a system that monitors in real time the changes in the interests and preferences of the consumers in the countries of Central America, developed by CentralAmericaData, it is possible to project trends of demand in the short and long term, for the different products, sectors and markets that operate in the region.
MARKET STUDY
Footwear: $141 Million in Regional PurchasesWednesday, September 23, 2020 Between January and March 2020, Central America allocated $141 million to the import of footwear and its parts, 13% less than in the same period in 2019, with Panama and Honduras being the markets that registered the most significant reductions. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"] Courier Services: New Investment in PanamaTuesday, September 22, 2020 Correos y Telegrafos of Panama will invest $20 million in its upgrading plan, which will be focused on providing door-to-door service and delivery of parcels from around the world. According to representatives of Panama's Post Office and Telegraphs (Cotel), nowadays the packages that arrive to the country from Miami take an average of three days, due to the process executed.
MARKET STUDY
Diapers: $77 Million in Regional PurchasesTuesday, September 22, 2020 From January to March of this year, the countries of the region imported $77 million in diapers and similar items, 2% more than in the same period in 2019, with Guatemala, Nicaragua and Costa Rica being the markets that increased their purchases the most. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
BUSINESS OPPORTUNITY
$4 Million in Water Distribution ServiceMonday, September 21, 2020 The Instituto de Acueductos y Alcantarillados de Panamá has invited tenders for a four-month period for the transportation, distribution and supply of drinking water through tanker trucks for the areas of East Panama, Darien, Tocumen, Chilibre, Colon and Arraijan. Panama Government Purchase 2020-2-66-0-99-LP-016929:
MARKET STUDY
Central America Buys More Turkish CementMonday, September 21, 2020 During the first quarter of 2020, Central American companies imported hydraulic cement for $48 million, and purchases from Turkey increased 154% compared to the same period in 2019. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
MARKET TRENDS
More People Seek Credit CardsMonday, September 21, 2020 In the last few months, interest in credit cards has been increasing in the digital environment, a rise that is mainly explained by the behavior of consumers in Panama, Honduras, El Salvador and Costa Rica. Through a system monitoring changes in consumer interests and preferences in Central American countries in real time, developed by CentralAmericaData, it is possible to project short and long term demand trends for the different products, sectors and markets operating in the region.
MARKET TRENDS
Consumer Habits: Growing Interest in SeafoodFriday, September 18, 2020 Since March, when the first cases of covid-19 were detected and consumption patterns began to change, interest in seafood rebounded in all markets in the region and by the end of August the volume of interactions associated with the issue continued to rise. Through a system that monitors changes in consumer interests and preferences in Central American countries in real time, developed by CentralAmericaData, it is possible to project short and long-term demand trends for the different products, sectors and markets that operate in the region.
MARKET STUDY
Beer in Central America: Imports Fall 5%Friday, September 18, 2020 From January to March 2020, beer imports in Central America totaled $56 million, 5% less than what was reported for the same period in 2019, with Guatemala and Honduras being the markets that registered the most significant drops. Figures from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
MARKET STUDY
Vaccines for Human Use: Business in the RegionThursday, September 17, 2020 From January to March 2020, companies in the region bought vaccines for human use abroad for $28 million, and 56% of total imports were made by companies in Costa Rica and Panama. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
GEOMARKETING SOLUTIONS
Franchises: How to Choose the Best Location?Thursday, September 17, 2020 Evaluating the commercial environment of each sales point of, for example, a bakery chain, is key to sizing the turnover potential of each location, a fundamental input for efficiently designing the expansion plan to compete in other micromarkets. Using the Geomarketing solutions we have developed for our clients, CentralAmericaData's Trade Intelligence team analyzed the environment of some of the main locations of the bakery and pastry chains operating in Central America. Below is an extract of the study's findings. Delivery Apps: Glovo Has a New OwnerWednesday, September 16, 2020 In a transaction valued at around $272 million, German company Delivery Hero acquired Glovo's operations in eight Latin American countries, including Costa Rica, Honduras, Guatemala, Panama and the Dominican Republic. Delivery Hero strengthens its position in Latin America, adding Peru, Ecuador, Costa Rica, Honduras and Guatemala to its existing presence, and further expanding its existing operations in Argentina, Panama and the Dominican Republic, the German business group reported. |
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Sunday, September 27, 2020 - last update: 4:14 pm
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