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Zona Franca Employees – 8.25% Wage Increase Jan. 1st, 2022
Almost 130,000 Zona Franca (Tax Free Trade Zones) employees will receive an 8.25% raise starting on January 1st, 2022.
It’s the last year of the...
TELETÓN (Telethon) Nicaragua – For those who need us most
The one day Fundación TELETÓN (Telethon) Nicaragua fundraiser is perhaps the most famous in all of Nicaragua. The 22nd edition will broadcast this year...
Annual Exports Record for Nicaragua (after 11 months reporting)
The Ministry of Finance and Public Credit maybe opening their Christmas presents a little early, however, with good reason. As anticipated, Nicaragua has reached...
Astro Packing Solution S.A. Announces Indefinite Closure
News today from Managua as Astro Packing Solution, S.A. announces the indefinite closure of their manufacturing facility in Tipitapa.
The business blames the shortage of...
2025 Minimum Wage Increase is 4% starting March 1st
The National Minimum Wage Commission, together with the Ministry of Labor (MITRAB) has agreed on a 2025 minimum wage increase of 4% for 9...
Russian Banks Consider Managua Airport Infrastructure Project
Iván Acosta, Minister of Finance and Public Credit, has announced that Russian banks have confirmed their interest in financing the Augusto C. Sandino International...
Real Estate Brokerage Law now comes under INVUR
On April 11th 2024, the National Assembly of Nicaragua (Parliament) reformed Law No. 1129 - The Real Estate Brokerage Law of Nicaragua and made...
Loto Nicaragua – Canada Hands over Control to Private Sector
The Canadian Commercial Corporation (CCC), an arm of the Government of Canada will transfer the management of Loto Nicaragua to the Canadian Bank Note...
KLM Resumes Flights to Costa Rica (SJ & Liberia)
Europeans travelling to one of their favorite destinations will be delighted with the news that KLM will be resuming flights to Costa Rica on...
Minimum Wage Negotiations 2024
It’s a new year and time for Nicaragua’s Minimum Wage Commission to sit down for the minimum wage negotiations in order to reach a...
