Thursday, May 9, 2024

Business

Business

Costa Rica Presidential Vote – Second and Final Ballot in April

The latest poll results from the official count show that the Costa Rica presidential vote will go to a second and final ballot on...

General Elections in Costa Rica – Seven Things to Know

General elections will be held in Costa Rica this Sunday the 6th of February 2022. The election results play a big part in the...

Walmart in Nicaragua facing uncertainty with restructuring

Walmart in Nicaragua faces uncertainty with the announcement that as part of its “ongoing strategy to focus on its core businesses and geographies”, Walmart...

Minimum Wage Review 2022 – Unions want Double Figure Increase

With the New Year less than a week old, at least one side in the Tri-Party Wage Commission is already looking forward to starting...

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...

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...

Nicaragua to Costa Rica by “New TransNica Bus Route”

As of yesterday, Friday, December 3rd, 2021, the Costa Rica bus company TransNica is offering their luxury bus service on a new Nicaragua to...

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...

Nicaragua’s Electricity from Renewable Energy at 68% (Y.T.D.)

Nicaragua is well ahead of many countries in relation to electricity production by renewable energy. The year to date figure (up to November 4th...

Nicaraguan Cigar Festival “Puro Sabor” cancelled for 2022

The Cámara Nicaragüense de Tabacaleros (Nicaragua Tobacco Chamber) has issued a press release stating that the Puro Sabor Nicaraguan Cigar Festival for 2022 has...