BUSINESS INTELLIGENCE
How do I get my business back on track after the pandemic?Wednesday, February 2, 2022 Location analytics is taking its place as a key tool for identifying what consumers want and need, regardless of their wealth or demographic status. COVID-19 has led to completely unexpected behavioral changes. How can location intelligence help in the recovery of any type of business?
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.
BUSINESS INTELLIGENCE
Retail of the Future: What's Next for Physical Stores?Wednesday, September 22, 2021 The COVID-19 pandemic has exponentially accelerated the growth of e-commerce, but physical stores are still far from disappearing. Today, retail businesses have accelerated their digitalization strategies by evolving omnichannel processes, trying to maintain their efficiency and generate added value without affecting their operations, as consumers' needs to interact virtually with the different points of sale have increased.
BUSINESS OPPORTUNITY
Medical Supplies for COVID-19Tuesday, September 14, 2021 In Nicaragua, the general procurement division of the Ministry of Health tenders the procurement of medicines, MRP and laboratories for the supply of health units with COVID-19 care. Nicaraguan Government Purchase 41/2021:
BUSINESS SOLUTIONS
Big Data Models Most Used in BusinessMonday, July 12, 2021 Any data model in Big Data must be designed and developed to meet the needs of the business, and for this, it is necessary to know the objectives and goals of the organization, so that it effectively has the necessary functionalities to facilitate the decision-making process in the company. What is a data model applied to business? Uncertainty about Slow Progress in the Vaccination ProcessFriday, June 25, 2021 Although expectations for the end of 2021 are good for the Guatemalan economy, there is uncertainty regarding what will happen in the second part of the year, as the vaccination process is progressing slowly. According to World Bank forecasts published in June 2021, it is expected that at the end of the year, Guatemala's Gross Domestic Product will grow 3.6% year-on-year. Pharmaceutical Company Gets $14 Million LoanFriday, June 18, 2021 BID Invest granted Calox de Costa Rica S.A. a loan that will help the company invest in substantial improvements in its production capacity and seek international certifications to validate the quality of its products. The project has two main objectives. The first is to acquire the existing plant to make improvements in infrastructure and energy efficiency in order to become certified and expand its production capacity in the medium term. Vehicles: Sales in Panama Up 20%Thursday, June 17, 2021 Between the first four-month period of 2020 and the same period of 2021, vehicle sales in the local market increased by 20%, a rise that is largely explained by the behavior of marketed units of cars and SUVs. The Office of the General Comptroller of the Republic reported that between April 2020 and the same month of 2021, the number of new units registered in the country increased 2,634%, going from 117 to 3,199. Guatemalan Economy According to the IMFFriday, June 11, 2021 For the international organization, during 2020, Guatemala's economy showed resilience, since in the context of the crisis caused by the Covid-19 outbreak, the GDP contracted only 1.5%. According to the International Monetary Fund, in a context of favorable specialization of production and exports, resilience of remittances, and unprecedented support from monetary and fiscal policies, the drop in Guatemalan production was minimal compared to that reported in other Central American countries. Economy: How to Explain Price Escalation?Thursday, June 10, 2021 Fifteen months after the beginning of the health and economic crisis, Guatemala, Honduras and Nicaragua are the economies in the region with the highest inflation rates, a behavior that was influenced by increases in fuel and transportation costs. In the second quarter of 2020, a period in which the countries of the region were going through a severe economic crisis caused by the Covid-19 outbreak, inflation levels were low and in some economies negative variations were reported. Vaccine Tourism Boosts Ticket SalesThursday, June 10, 2021 In order to have access to the vaccine against Covid-19, the number of people traveling abroad by air has increased in Guatemala in the last months, being the United States the main destination to which Guatemalans travel. Data from the Guatemalan Institute of Migration (IGM) show that in the fifth month of the year there was an increase in the number of people who decided to travel abroad, most of them in search of access to the vaccine against the coronavirus.
MARKET STUDY
Paint and Varnish Trade Down 10% in 2020Wednesday, June 9, 2021 Last year, trade in paints and varnishes between Central American countries amounted to $123 million, which is 10% lower than in 2019, a drop that was reported in the context of the economic crisis resulting from the Covid-19 outbreak. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"] Changes in the Labor Market: What Are Employees Asking for?Thursday, June 3, 2021 As the pandemic has changed the ways of accomplishing tasks and telecommuting has gained ground in all markets, flexibility in terms of where and when to work will be one of the factors most valued by employees in this new reality. The threats caused by the spread of Covid-19, caused companies globally to look for new ways of working. Most teams chose to readjust their dynamics and focused on promoting remote work. Unemployment in Costa Rica is Still FallingThursday, June 3, 2021 During the February to April 2021 quarter, the unemployment rate rose to 17.3%, a level that is lower than the 18.7% reported during the first three months of the year, a decrease that is reported in the context of the economic reactivation. For the quarters between February, March and April 2020 to the last available quarter, the country has experienced significant impacts in the main indicators, as a result of a higher participation of people and greater access to the labor market due to the lifting of some sanitary measures arising from the Covid-19 sanitary emergency, informed the National Institute of Statistics and Census. Office Market: Vacancy Rate RisingTuesday, June 1, 2021 Last year in Costa Rica, the office market vacancy rate doubled from 7.45% in the first quarter of 2020 to 15.15% in the same period of 2021, a rise that was largely induced by the implementation of telecommuting. In this context of health crisis that was triggered by the spread of Covid-19 several companies changed their work dynamics, with migration to telecommuting being one of the most important changes. |
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