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AMCHAM, Halleslevens make first contact

AMCHAM, Halleslevens make first contact

(posted May 8, 2:50 p.m.)- The board of directors of the Nicaraguan-American Chamber of Commerce (AMCHAM) met this morning with Vice President Omar Halleslevens in what business leaders are hoping is a first step towards establishing direct contact with the...
May 8, 2012 · No Comments


Are labor conditions improving under CAFTA?

Are labor conditions improving under CAFTA?

MANAGUA—After six years of record-setting growth in commerce and investment, Nicaragua continues to consolidate its position as the region’s unlikely poster child for the U.S. free-trade agreement with Central America (CAFTA). Though the Sandinista Front initially attempted to block the...
May 4, 2012 · No Comments


Is Cone Denim going to reopen?

(posted April 26, 9:20 a.m.)- Cone Denim’s massive $100 million textile plant in Ciudad Sandino, which opened in April 2008 just to close a few months later due to the world economic crisis, will reopen by the end of 2012...
April 26, 2012 · No Comments


ProNicaragua ranks as world’s top investment-promotion agency

ProNicaragua ranks as world’s top investment-promotion agency

(posted April 23, 1:00 p.m.)- After helping deliver monstrous 91% growth in foreign-direct investment in 2011, Nicaragua’s investment-promotion agency ProNicaragua was rewarded for its hard work by being named the top investment-promotion agency in the world, according to Global Investment...
April 23, 2012 · 1 Comment


AMCHAM, Grupo Pellas discuss U.S. waivers

AMCHAM, Grupo Pellas discuss U.S. waivers

The board of directors of the Nicaraguan-American Chamber of Commerce (AMCHAM) met this morning with Carlos Pellas, president of Grupo Pellas, to discuss the importance of improving Nicaragua’s business climate, strengthening its institutions and securing the U.S. waivers to ensure...
April 18, 2012 · No Comments


Diversification key to Nicaragua’s economic growth

Diversification key to Nicaragua’s economic growth

After chalking up impressive growth in exports and foreign-direct investment in 2011, Nicaragua is feeling the pressure to repeat this year. The 2012 numbers aren’t expected to be as eyebrow-raising as last year’s, when Nicaragua registered an extraordinary 47% increase...
April 16, 2012 · No Comments


Nicaragua’s economy set pace in 2011

Nicaragua’s economy set pace in 2011

Over the past five years of President Daniel Ortega’s government, Nicaragua’s economy has gone from being Central America’s perennial basket case to the region’s rising star. Not only is Nicaragua the fastest-growing economy in Central America in terms of exports...
April 9, 2012 · 11 Comments


Moving the fence line: Teonoste conflict will test rule of law

Moving the fence line: Teonoste conflict will test rule of law

Editorial TOLA—The government’s recent stake to a 20-manzana lot of prime beachfront property allegedly owned by Punta Teonoste eco-hotel has been an unwelcome reminder of how Nicaragua’s long shadow from the past continues to obscure the path forward. Like a...
February 27, 2012 · 9 Comments


A lawyer’s clarification on border zones

A lawyer’s clarification on border zones

In response to your article “Government Investigates Borderland Titles,” published Feb. 19 Nicaragua Dispatch, I want to make a couple of legal clarifications regarding the penultimate and antepenultimate paragraphs, where you write:   The law establishes a 5-km “Border Security...
February 23, 2012 · No Comments


Teonoste in talks with gov’t

Teonoste in talks with gov’t

(published Feb. 23, 6:40 p.m.)- TOLA—A week after sounding the alarm bells by accusing the Sandinista government of trying to confiscate 20 manzanas (34.5 acres) of their family’s land adjacent to their $2 million Eco-resort Punta Teonoste, the Bühler family...
February 23, 2012 · 2 Comments


12

Breaking News

  • Ortega’s reforms OK’d by Congress

    (posted May 15, 7:00 p.m.)- To the surprise of nobody, the Sandinista-dominated National Assembly today approved President Daniel Ortega’s electoral reform package proposed last month after weeks of breathless hype by First Lady Rosario Murillo. The vote was passed with…

  • IMF: Nicaragua’s economy must grow faster

    (posted May 15, 12:50 p.m.)-Despite Nicaragua’s strong economic recovery from the financial crisis of 2008-09, the country must grow its economy even faster to reduce poverty, according to the International Monetary Fund (IMF). Following a nine-day IMF visit to the…

  • FAO: Nicaragua needs to decentralize response to malnutrition

    (posted May 14, 1:30 p.m.)- The Nicaraguan government needs to decentralize its efforts to provide food security and combat malnutrition, which affects 19% of the population—one of the highest levels in Latin America, according to the UN’s Food and Agricultural…

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