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Compromise reached on TELCOR decree

(posted April 19, 12:00 p.m.)- The latest showdown between the government and the private sector ended in a satisfactory compromise this Friday when Nicaragua’s  telecom regulatory institute (TELCOR) agreed to modify a controversial administrative decree that businesses leaders claimed was...
April 19, 2013 · No Comments


Private sector rejects gov’t telecom controls

Private sector rejects gov’t telecom controls

Nicaragua’s two largest private business chambers are lambasting a new decree by the government’s telecom regulatory institute (TELCOR) that says all private telecommunications companies need to get government approval for their managers, directors, newsroom chiefs and systems managers. All telecom...
April 4, 2013 · 3 Comments


Latin American entrepreneurs meet in Nicaragua

Latin American entrepreneurs meet in Nicaragua

Opinion. 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. The phrase Impact Accelerator refers to a program that...
January 31, 2013 · 3 Comments


Managua makes Top 100 outsourcing destinations

Managua makes Top 100 outsourcing destinations

As a general rule, Managua gets better looking the farther away you get. But a leading advisory firm for global outsourcing and investment says Nicaragua’s homely capital deserves a closer look. Thanks to improved infrastructure, competitive costs, a skilled bilingual...
January 24, 2013 · 2 Comments


Tech-savvy Nicas help online ad firm grow

Tech-savvy Nicas help online ad firm grow

Mitt Romney campaigned on the idea that “America has got to champion small business.” Well, that’s exactly what White Shark Media, Inc. has been doing for the past year by helping small and mid-size business owners with their advertising efforts...
November 12, 2012 · 10 Comments


Puma pumped on Nicaragua

Puma pumped on Nicaragua

MANAGUA—Puma Energy, the international petroleum company that purchased ExxonMobil’s assets in Central America earlier this year, is purring about Nicaragua’s “promising future.” “This is a country with enormous potential for growth, and we want to be a part of that...
June 7, 2012 · 3 Comments


AA adds extra cabin, more legroom

AA adds extra cabin, more legroom

(posted March 2,1:00 p.m.)- Passengers flying to Managua on American Airlines will soon have the option of getting more legroom without upgrading to First Class. As part of the airline’s Chapter 11 reorganization, American Airlines is modernizing its entire mainline...
March 2, 2012 · No Comments


Rosales resigns as Central Bank chief

Rosales resigns as Central Bank chief

Economists, politicos and business leaders are offering mixed interpretations of Tuesday’s unexpected shakeup in the Central Bank, and wondering aloud what the managerial move might mean for the country’s macroeconomic stability and dubious democratic institutionalism. The private sector is urging...
February 15, 2012 · 5 Comments


Sahlman Seafoods wins top U.S. business honor

Sahlman Seafoods wins top U.S. business honor

  Nicaragua’s Sahlman Seafoods this week became a giant in the land of shrimps. On Wednesday, this small U.S. seafood company emerged from its shrimp farm among the mangroves of Chinandega to receive the U.S. State Department’s highest international business...
January 19, 2012 · 4 Comments


Will chicken controversy peck holes in business confidence?

Will chicken controversy peck holes in business confidence?

Despite President Daniel Ortega’s promise to continue cooperating with the private sector, Nicaragua’s largest business chamber claims his government is already ruffling feathers in country’s poultry industry. On Tuesday, the Superior Council of Private Enterprise (COSEP) accused the Sandinista government...
November 23, 2011 · 8 Comments


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    • US missionary drowns in Nicaragua

      A 22-year-old U.S. missionary who drowned last week off Nicaragua’s Pacific coast is being laid to rest on Saturday in his hometown in Kentucky. Nathan Fouts, who arrived to Nicaragua on May 6 as part of a Pentecostal mission trip…

    • U.S. donates parachutes to Nicaraguan Army

      The U.S. military detachment at the U.S. Embassy in Managua today donated $96,000 worth of parachute equipment to the Nicaraguan Army’s Special Operations Unit. The donation, which includes 50 parachutes, altimeters and neon jump lights, will help strengthen the Nicaraguan…

    • Nicaragua deports U.S. fugitive

      U.S. conman Lawrence Scott Hartman Grosser, sought by Interpol since 2009, was handed over to U.S. law enforcement officials this morning at Nicaragua’s Augusto C. Sandino International Airport and deported to the United States to face charges of money-laundering and…

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