Citing the aspiration of the Nicaraguan government to establish a national airline, the Russian corporation Aviones Civiles de Sukhoi has presented its proposal.
According to citations made by RT to the news agency RIA Novosti, "... negotiations are taking place for the operation of five SSJ-100 that will make up the initial stage of future airline in Nicaragua."
A project is being promoted for price risk management in order to reduce losses caused by constant changes in the international price of grain.
The Association of Producers and Exporters in Nicaragua (APEN) together with the Agricultural Exchange, SA (Bagsa) is promoting a digital platform on which producers can consult the international prices of their products and the development of a hedging instrument, ie insurance against falling prices. The proposal also aims to cover producers of rice and sorghum.
Powered by shrimp farming, the gross value of fisheries and aquaculture production reached $129 million in 2014, 16.3% more than in 2013, when it totaled $113 million.
This growth is mainly due to increased shrimp production, which recorded sales of $74.7 million, of which $66.2 million came from shrimp farming and the rest from shrimp caught in the open sea. During 2014, exports of farmed shrimp totaled $106 million which corresponds to 17.9 million kilograms, to about $5.95 each.
Coffee growers suggest eliminating restrictions that exist for growing robusta in order to allow planting in protected areas and other areas.
In Nicaragua it is prohibited to cultivate robusta coffee beans in areas not considered within the territorial boundaries established by the legislation, and it is precisely this restriction that the National Commission for Transformation and Development of Coffee (Conatradec) wants to change.
The government authorized the issuance of shares of this bank to incorporate private partners into the entity and turn it into a joint venture.
It is projected that the private sector will be able to acquire up to 60% of the shares and the state would get the rest. Until February 2015 the credit portfolio of state bank amounted to $1.195 billion, according to data from the Superintendency of Banks and Other Financial Institutions (Siboif).
Lack of control over the use of materials and job insecurity are two of the problems which would be resolved if the National Construction Council is created, suggests the private sector.
Informality in the construction sector is growing and with it "... security policies are becoming more flexible, they start to be neglected and then the potential for situations - such as increasing the minimum wage outside the scope of productivity and of consensus - becomes much larger," says the chairman of the Superior Council of Private Enterprise (COSEP), Joseph Adam Aguerri.
Between 2013 and 2014 coffee yields decreased from 11.9 hundredweight produced per acre to 11.8, rice fell from 89.7 to 71.4 hundredweight, and beans fell from 12.8 to 11.8.
Reports from the Central Bank of Nicaragua show that also yields of sesame also decreased, going from 11.5 hundredweight per acre in 2013 to 8 hundredweight per hectare in 2014. With regard to coffee, Nicaragua is one of the countries with the lowest yield per hectare planted "... surpassed by El Salvador, but below Honduras, Costa Rica and Guatemala."
A delegation of 10 representatives from seven German businesses will be staying for a week in the country to meet with various business chambers and look for investment opportunities in different sectors, including the project of the Grand Canal.
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