In January, the CPI registered a variation of 0.11% and annual inflation stood at 3.19%, 2.26% lower than the figure for January 2015.
The Central Bank reported that the monthly inflation in January reflected a monthly variation of -0.11% (-0.25% in December 2015), mainly explained by lower prices in some goods and services in the divisions of recreation and culture (-6.69%), transport (-1.36%) and education (-0.22%), which together contributed -0.373% to the observed variation. In contrast the division of restaurants and hotels showed the opposite behavior with a variation of 0.59% (0,064pp).
The Nicaraguan government is analyzing new forms of cooperation with Russia, including the possibility that the Managua airport expansion be financed and built by Russian companies.
The possibility of airport infrastructure in the capital being developed using funding from Russia, was one of the announcements by authorities of the Ortega administration in the context of an official visit to the country, whose government had already announced plans to develop a manufacturing center for flu shots in Managua.
The Nicaraguan side is all ready for cargo transported to and from the port of Limón to save 250 kilometers, but the poor condition of a section of road in Costa Rica is preventing it.
The idea for the construction of the bridge over the San Juan River within the territory of Nicaragua, was to speed up freight between that country and the ports in Limon, on the Caribbean coast of Costa Rica. The bridge was built and so were roads suitable for heavy traffic north of the border post of Las Tablillas, but the tasks that Costa Rica had to carry out, such as the adaptation of infrastructure and services at the customs post, and the adaptation of about 80km of road, were never done.
Construction has been announced of Plaza Centroamérica, a 14 thousand square meters building on eight floors which will house shops, restaurants and offices.
The Nicaraguan company Edificios Comerciales S.A. (Edicosa) announced that Plaza Centroamérica will have an area of 14 thousand square meters and required an investment of $10.5 million. The building should be completed by the end of 2016 and will be located on the northwest side of the Centroamérica roundabout.
A tender is being launched in Nicaragua for the construction of pipelines, distribution networks, rural systems and installation of micrometers to improve the water system in the City of Bilwi.
The project involves the "... building of Pipelines (36Km), Distribution Network (34 Km) and Rural Systems (04 communities) and installation of micrometers (8000) for the Improvement and Extension of Drinking Water in Bilwi. The Nicaraguan Aqueduct and Sewer Company is inviting eligible bidders to submit sealed bids for the Construction of Pipelines (36Km), Distribution Network (34 Km) and Rural Systems (04 communities) and installation of micrometers (8000) for the improvement and Extension of the Water Supply System of the City of Bilwi. "
Belize Teak Ltd. (BTL) is a Belizean Company that has been working in the country planting Teak and Tropical Hardwood trees and Cacao trees for the export market. 80 Acres are planted with 12 to 15 year old Teak AND...
Rent a 2 BR eco-cabin for $49 per night (minimum 2 nights). All is provided including a fully equiped kitchen. Electricity from solar power. Hot shower with all the comforts of home. Seven acres of peace and quiet with a beautiful view of...
Located Ramal Villa Lucre along Corredor Norte, next to the succesful Villa Lucre development at $180/M2 or $16.72/SF. Total area of property 12,613 m2 or 135,766.33 square feet (3.17 acres). The property has a frontage to the ramal of Villa...
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786
As a Holding Company we are interested in helping other companies to succeed. We do that by investing in other companies with capital and or professional help to allow them to grow in exchange for ownership.
Operates in Panama and Panama
Phone: (507) 7202158