BUSINESS INTELLIGENCE
Global Supply Chain Crisis?Monday, October 4, 2021 COVID-19 and climate change have directly impacted the supply chains of the sectors and industries that generate the most economic output. Unfortunately, fiction has become reality, and a global pandemic coupled with sudden climate changes have increased these problems worldwide, also due to unforeseen events in logistics routes and the exponential increase in online shopping, forcing industries to increase the load of transportation, vehicles, staff and resources in general.
GEOMARKETING SOLUTIONS
Automotive Repair Centers: Location PotentialWednesday, May 5, 2021 Honda Center, a service shop located in Guatemala City's Zone 10, has a potential market of 93 thousand consumers between the ages of 25 and 60 years old, of which 66% are interested in vehicle-related topics, within a 15-minute drive. Using the Geomarketing solutions we have developed for our clients, CentralAmericaData's Business Intelligence team analyzed the environment of some of the main automotive repair shop locations operating in Central American countries. Below is an excerpt of the study's findings. Logistics Mismatch Pushing Costs UpwardFriday, March 5, 2021 Due to the imbalance in world trade flows, shipping lines have changed their routes and prefer to move empty containers to Asia, a situation that generates shortages and causes increases in freight rates and raw material prices. In this scenario of new commercial reality, the operating costs of maritime freight have been impacted, since due to the restrictions imposed in several countries around the world, containers have been stranded. Low Competitiveness and Capital flightMonday, December 14, 2020 Due to the precariousness of the English language, in recent years’ companies in the Contact Center & BPO sector have decided to close thousands of jobs in the region and relocate their investments to other markets where they have no difficulty in recruiting qualified personnel. Reports at a global level show that the command of English is one of the weaknesses at a Central American level. New Reality, New Business ModelsFriday, October 30, 2020 As a result of the fast emergence of the new commercial reality, several business models that were profitable until the first quarter of 2020, are now obsolete, forcing business leaders to rethink strategies to survive in this new scenario. The spread of covid-19 generated radical transformations in the markets for goods and services, in the ways people work, modified several consumption habits, and even changed some tastes and preferences. E-Commerce: New Regional PlatformMonday, August 17, 2020 Starting in September, Hugo App will offer companies in the region an online store service, which will include a website, logistics, electronic invoicing and inventory management. The new tool of the application of Salvadoran origin will be called Hugo Business, platform that will begin to operate from September 1st in Guatemala, and in the case of El Salvador, Honduras, Nicaragua and Dominican Republic, will begin in October. Business Resilience in Times of CrisisWednesday, March 18, 2020 Identifying critical business needs and setting up plans on how to maintain supplies and operations, as well as establishing communication channels with suppliers to be informed in case of any eventuality, are part of the advice for companies. The coronavirus has already affected the world economy, and its effects do not seem to stop. With countries in quarantine, financial markets in the black and international trade diminished, the economic outlook is not very encouraging, explains a document from the Guatemalan exporters' union. $10 Million Investment in a Multipurpose TowerFriday, March 6, 2020 A ten-story tower will be built on a 1,742-square-meter lot in the town of San Francisco, Panama Province, to house apartments, offices and commercial space. According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Silver and Gold Development, INC, submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called, "P.H. Grand Palace Business Center". AI and Human WorkThursday, March 5, 2020 Applying artificial intelligence tools and complementing it with increasing the technological capabilities of employees is essential to significantly improve the performance of companies. According to reports by Harvard Business Review, companies have been found to achieve the most significant performance improvements when humans and machines work together. TVN Media Acquires Radio PanamaThursday, January 30, 2020 TVN Media announced that it has signed an asset purchase agreement for Green Emerald Business Inc., which includes six open radio frequencies under the Radio Panama brand and the right to use the LOS40 brand. TVN Media reported that the contract was signed on January 24, 2020, an agreement that follows the company's corporate strategy to expand its multimedia product portfolio. Doing Business in Central America: Have We Improved?Friday, October 25, 2019 Guatemala was the only country in the region that improved its position in the global ranking monitoring businessmen's conditions for doing business, while the others went backwards. The World Bank released the results of the Doing Business 2020 report, which measures the regulations that favor or restrict the development of business activity in different countries. Land Invasion: A Problem with No Real SolutionFriday, September 13, 2019 Because the area of stolen land in Guatemala has grown from about 10,000 hectares in the 1990s to 164,000 in 2018, losses in agricultural production caused by this phenomenon reached nearly $650 million last year. The Chamber of Agriculture (Camagro) estimates that only in 2018, invasions of private property, mainly agricultural production farms, generated a negative impact equivalent to 0.6% of Gross Domestic Product. Tourism and Air ConnectivityWednesday, June 12, 2019 In Panama, it is expected that the recent start of operations of Air Europa, and the next market entry of the airline Wingo, scheduled for the first quarter of 2020, will dynamize the alicaída tourist activity. On June 3, Air Europa began operating the route between the capitals of Spain and Panama, with four frequencies a week: Monday, Wednesday, Friday and Sunday. Trade Missions to Panama, Canada and SpainFriday, February 1, 2019 The first three trade missions organized for exporters in Guatemala will focus on the potential of mass consumer and agricultural products in those markets. From the Agexport press release: Agroindustry: International Fair in GuatemalaTuesday, January 8, 2019 From March 21st to 23rd in Antigua, Guatemala, more than 150 international buyers will participate in business rounds with agricultural producers in the region. From the Agexport press release: |
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