Tag: Economy
Money Transfers to Nicaragua Increase in 2021
The stream of Remittance money by money transfers to Nicaragua continues to flow into Nicaragua. The first two months of 2021 show a 9.4%...
Tourism Stats for Nicaragua (2020) from the Central Bank
The recently published (March 31st 2021) “Annual Report 2020” by the Central Bank of Nicaragua (Banco Central de Nicaragua – BCN) includes tourism stats...
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...
What’s that got to do with the Price of Eggs?
The price of eggs, one of the items on Nicaragua’s Canasta Basica (basic basket) reached 8 Córdobas (23 cents US) each in Managua last...
New Factory for Tax Free Zone
A new manufacturing center was opened last week in the tax free zone of Portezuelo Industrial Park, Km. 5.5 Carretera Norte in Managua. Texnica...
Coffee – Britain is 10th Largest Importer
This month, they became an independent member of the International Coffee Organization, an action that was met with relief by the members of the...
Remesas – Remittances to Nicaragua Top US $1.85 Billion
With the December 2020 numbers now in, statistics from the Central Bank of Bank of Nicaragua (Banco Central de Nicaragua or BCN by its...
