Managua Latest News (Managua, Nicaragua)

Nicaragua is currently present at the 25th Edition of the Special Coffee Association of America (SCAA) event, the largest coffee trade association in the world, held in the Boston Convention Center, Massachusetts from April 11th to the 14th.

PRONicaragua representatives attended the I Conference for Global Investors titled “Central American Advantage Investment Symposium – Managua 2013”, organized by Gran Pacifica Resort.

Thirty-six entrepreneurs representing 25 companies from Mexico to Chile arrived in Managua, Nicaragua this week for the start of Agora Partnerships’ Entrepreneur Retreat, a four-day kick-off to Agora’s Impact Accelerator.

Nicaragua will be presenting its mining opportunities in this year’s Prospectors & Developers Association of Canada (PDAC) Convention, after its successful participation in the world’s leading mining event in 2012.

PRONicaragua will be participating in the Regional Summit of the Caribbean’s Investment Promotion Agencies (IPAs) with the objective of exploring strategic approaches for increased collaboration between investment promotion agencies.

Joya de Nicaragua, a family owned, Nicaragua-based cigar factory that handcrafts traditional cigars for the premium luxury cigar market, recently announced the release of its latest creation “Cuenca y Blanco”.

World-class beach resort will offer guests pampering along with authentic experiences in Nicaragua.

The World Organization for Animal Health (OIE, for its acronym in French) will submit Nicaragua for approval to obtain the status of “country with controlled risk” from the bovine spongiform encephalopathy disease, also known as mad cow disease.

The Ministry of Energy announced that Nicaragua recently covered 48 percent of the nation’s energy demand through renewable sources, producing 219.8 megawatts of power through its wind, hydroelectric, biomass and geothermal energy plants.

The Presidential Delegate for Investments received a high-level delegation of officials from the Government of Thailand with the objective of strengthening ties and promoting the development of economic relations between both countries.

The Center for Export Procedures recently stated that Nicaraguan exports reached US$2,130.3 million in the first eleven months of 2011, surpassing total sales in 2010 and reaching record figures.

Augusta Manufacturing, an American company established in Nicaragua dedicated to the production of sportswear for high-value brands, was recently selected to become a supplier for the Adidas brand.

Goodbox, a Taiwanese company specialized in manufacturing printed folding boxes, has confirmed it will be establishing operations in Nicaragua with plans to invest US$5.4 million and generate 4,000 new job opportunities once fully operational.

Solamon Energy Corp. recently announced the company's intention to develop the largest solar array in Central America, comprising five locations across Nicaragua and delivering 100MW of new energy to the grid.

Concentrix, a global business service provider and wholly-owned subsidiary of SYNNEX Corporation (NYSE: SNX), recently announced it has established a world-class contact center in Nicaragua.

Carlos Denton, President of CID Gallup, confirmed in a recently published article, that the Nicaraguan economy not only showed signs of stability after the country’s recent Presidential elections, but also presents great expectations for 2012.

The 2011 Global Location Trends Report, recently published by the IBM Global Business Service, ranked Nicaragua among the global top 25 destination countries, highlighting the significant increase experienced in terms of investment.

According to the IMF, all quantitative performance criteria for June 2011 were met, and the structural agenda has developed as planned.

PRONicaragua, the official investment promotion agency of Nicaragua, recently stated that the country received two foreign business groups this past electoral weekend interested in investing in the country.

A total of 40 European companies coming from Italy and Spain, and numerous foreign investors already established in Nicaragua attended the Nicaragua.Europe event.

Nicaragua recently held the fifth edition of the EuroFair, with the objective of diversifying and developing trade relations between the country and the European Union.

Para disfrutar de un fin de semana sin preocupaciones tenemos una irresistible oferta en habitación sencilla o doble.

Quédate dos noches y recibe el 50% de descuento en tu tercera noche de estadía.

The Food and Agriculture Organization (FAO) of the United Nations recognized Nicaragua’s great efforts in the fight against hunger, FAO Director-General, José Graziano da Silva recently told Nicaragua’s Foreign Minister Samuel Santos López.

Nicaragua ranked among the 11th largest apparel supplying countries to the United States in terms of volume and the 12th largest in value in 2012.

Nicaragua is currently present at the 25th Edition of the Special Coffee Association of America (SCAA) event, the largest coffee trade association in the world, held in the Boston Convention Center, Massachusetts from April 11th to the 14th.

Weight-Loss Surgery, Cosmetic Surgery, Orthopedic Surgery, Ophthalmology, Dental. We guide you through each part of your medical trip process, so you can feel as comfortable as possible.

Latin America’s first academic observatory, the Neil Armstrong observatory, was inaugurated on February 22nd at the Pierre and Marie Curie School in Managua,...

One of the highlights of the country’s participation in the event will be the seminar entitled “Nicaragua: Discover the Mining Opportunities”, scheduled for the morning of Tuesday, March 5th in Room 205DC of the Metro Toronto Convention Centre.

Centro Empresarial Pellas, a non-profit organization founded by the Grupo Pellas business conglomerate, is currently leading a new tourism project in the municipality of San Marcos, Nicaragua.

A high level investment and trade mission from the United Kingdom will be visiting Nicaragua this week for a busy program of meetings with Ministers, officials and senior business leaders.

PRONicaragua representatives attended the I Conference for Global Investors titled “Central American Advantage Investment Symposium – Managua 2013”, organized by Gran Pacifica Resort.

A recent poll by CID Gallup Latin America showcases Nicaragua as the only country in Central America where the majority of its citizens consider the country is headed in the right direction.

“Nicaragua is blessed with extraordinary beauty, but you can't [attract luxury travelers] without an anchor, a world-class place.”

Thirty-six entrepreneurs representing 25 companies from Mexico to Chile arrived in Managua, Nicaragua this week for the start of Agora Partnerships’ Entrepreneur Retreat, a four-day kick-off to Agora’s Impact Accelerator.

Nicaragua’s national police recently stated that in 2012, the country reduced its criminality levels by 9 percent and its violent deaths by 8.5 percent.

Si estás planeando tus vacaciones de Semana Santa, Hotel Crowne Plaza Managua tiene la propuesta perfecta para que disfrutes en familia y te ofrecemos una tarifa especial en habitaciones y promociones en nuestros Restaurantes.

Managua, Nicaragua’s capital city, was recently added to Tholons’ list of Top 100 Outsourcing Destinations, thanks to its improved infrastructure, competitive costs, a skilled bilingual workforce and an attractive geographical location.

The agreement, called the Free Zones Minimum Wage Tripartite Agreement, sets annual salary increases of eight percent for the 2014-2017 period for employees working within the country’s free zones sector.

Nicaragua will be presenting its mining opportunities in this year’s Prospectors & Developers Association of Canada (PDAC) Convention, after its successful participation in the world’s leading mining event in 2012.

“We applaud the Government of Nicaragua’s science-based decision to reopen its market to Canadian beef and pork”, mentioned Ed Fast Minister for the Asia-Pacific Gateway.

Nicaragua inaugurated the first phase of Guacalito de la Isla, a 1,670-acre, US$120-million low-density, private beach community on Nicaragua’s Emerald Coast created by businessman Carlos Pellas.

Nicaragua was recently featured in the World’s Top 10 Retirement Havens for 2013, published by the Huffington Post and was named one of the hottest travel destinations for 2013 by NBC's Today Show. Here's why:

Nicaragua has one of the most aggressive renewable energy goals in the world — it intends to have 94 percent of its electricity come from renewable energy by 2017.

Nicaragua will soon become the first Central American country to start exporting pitahaya or dragon fruit to the United States.

PRONicaragua recently announced that a U.S. trade mission that visited the country last week has stated their purchase intention of over US$3 million in Nicaraguan agricultural products.

Nicaragua is currently participating in the Latin American and the Caribbean (LAC) Offshoring and Outsourcing Summit, whose objective is to promote the development of the outsourcing and offshoring industry in the region.

Millknit Industries, a U.S.-capital textiles company, will begin operations in Nicaragua in 2013, manufacturing fabric for apparel companies established in the country’s free zone sector.

PRONicaragua will be participating in the Regional Summit of the Caribbean’s Investment Promotion Agencies (IPAs) with the objective of exploring strategic approaches for increased collaboration between investment promotion agencies.

White Shark Media, a digital marketing agency, recently opened offices in Nicaragua, becoming the biggest Google Certified Partner Company in Central America.

Joya de Nicaragua, a family owned, Nicaragua-based cigar factory that handcrafts traditional cigars for the premium luxury cigar market, recently announced the release of its latest creation “Cuenca y Blanco”.

The 2012-2013 edition of the Doing Business in Nicaragua Guide was recently published in order to promote and facilitate national and foreign investment in the country.

Milagro del Mar Beach & Golf Resort resumed construction this week on its luxury beachfront condominium project, which will soon become the first major hotel brand to open on Nicaragua’s Pacific coast in more than 20 years.

Nicaragua recently participated in the Inter-American Competitiveness Network (RIAC, for its acronym in Spanish) organized by the Annual Americas Competitiveness Forum (ACF) in the city of Cali, Colombia.

World-class beach resort will offer guests pampering along with authentic experiences in Nicaragua.

Condor Gold recently stated the Ministry of Energy and Mines approved its strategic purchase of the 27 km2 La Mojarra concession, triggering a US$240,000 payment.

The 2013 Doing Business Report, recently published by the World Bank, revealed that Nicaragua improved a position in its overall ranking with positive developments in the Trading Across Borders, and Resolving Insolvency categories.

The Ministry of Energy and Mines of Nicaragua recently unveiled a US$17 million program for the efficiency in national public lighting, as part of an effort to save approximately 35 megawatts of energy per hour.

Nicaraguan businessmen meet in late October with Walter Bastian, U.S. Deputy Assistant Secretary for the Western Hemisphere of the Department of Commerce International Trade Administration, during a competitiveness forum in Cali, Colombia.

Projections demonstrate that Nicaragua will close 2012 with approximately US$1,000 million in terms of FDI.

The Center for Export Procedures in Nicaragua, recently announced that between January and September, the country’s exports reached US$2,075.3 million in value and 1.35 million tons in volume.

Nicaragua’s EXPOAPEN conference, whose theme is “Marketing and Internationalization”, will be hosting a total of 250 companies from sectors such as textiles, apparel, handcrafts, manufacturing, agriculture, agroindustry and footwear.

The Inter-American Development Bank (IDB) approved US$56.2 million in financing Nicaragua for a program to improve health care, benefitting approximately 2.3 million people living in vulnerable areas.

The Nicaraguan Embassy in Finland held the seminar “Nicaragua, the Right Move for the XXI Century” at the World Trade Center in Helsinki, during which a total of sixty businessmen learned about Nicaragua’s various investment opportunities.

Nicaragua’s Free Zones Commission and PRONicaragua are organizing the “Opportunity Builder”, with the purpose of identifying the potential of bilingual human resource in the region, in order to develop their capacities and English level.

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group, recently announced it is supporting renewable energy in Nicaragua through a guarantee backing Eolo de Nicaragua S.A.

The Government of Nicaragua and Xinwei, a leading Chinese telecommunications company, subscribed a Memorandum of Understanding (MOU) on September 7th for the financing and development of the Great Canal of Nicaragua.

The Head of the Police Department of Rivas, Nicaragua recently applauded the country’s safety levels, highlighting that Nicaragua ranks as one of the safest countries in Central America according to figures of the UNDP.

The Free Trade Agreement (FTA) between Nicaragua and Mexico entered into force this Saturday, September 1st, with the ratification of three of the six Central American countries.

During Nicaragua’s recent participation in this year’s Sourcing at MAGIC the country successfully promoted its burgeoning textiles and apparel sector, as well as its up and coming footwear industry, to global prestigious buyers and sellers.