Special coffee represents 30% of Cisa’s exports.
Café nica awarded by Starbucks
The Starbucks chain included in March the Monimbó coffee farm, located in Jinotega , as part of its exclusive Starbucks Reserve coffee line. This estate is part of the brand ‘Premium Estates’, the selection of specialty coffees created by the Mercon group, with the best of its harvest from Nicaragua, Guatemala and Vietnam.
In both cases (Premium Estates and Starbucks), the selection criteria not only focus on the quality of the beverage that can be served from these grains, but also on the production process being sustainable, and taking into account the welfare of the community and the protection of the environment.
Federico Argüello, commercial manager of Cisa Exportadora , the main national exporter of coffee, explained in the television program Esta Noche that the connection between a chain like Starbucks and a farm like Monimbó, is not a matter of moment.
In its wide portfolio of producers, Cisa has several profiles similar to those of Monimbó, with a rather special product, above the national average. The exporting company sends several samples to the toasters and if one is to the taste of the companies, the orders are filled and the coffee from the selected farm is sent.
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The 20 most dangerous countries in the world for tourists
- Jun. 7, 2017, 10:00 AM
The INSIDER Summary:
- The World Economic Forum recently released its Travel and Tourism Competitiveness Report, which analyzes the travel and tourism sectors in 136 countries.
- The report includes a ranking of how safe those 136 countries are for tourists.
- The ranking is based on the prevalence of violence and terrorism and not on petty crime.
- The five most dangerous countries are Nigeria, Pakistan, El Salvador, Yemen, and Colombia.
The World Economic Forum recently released its Travel and Tourism Competitiveness Report, which analyzes the state of the travel and tourism sectors in 136 countries.
As a part of the report, the WEF ranks the safety of each of those countries. To come up with this ranking, the forum “measures the extent to which a country exposes tourists and businesses to security risks mainly related to serious harm to people (violence and terrorism).” The ranking does not take petty crime into account.
We rounded up the 20 most dangerous countries from the report, based on safety and security.
Click here to see which countries you might want to avoid.
More Nicaraguan Coffee in Japan
Exports in the first eleven months of the 2016/17 harvest totaled $17.6 million, 53% more than anything sold to the Asian country in the 2015/16 cycle.
Monday, September 25, 2017
One of the main benefits of exporting grain to Japan is that the average price paid for coffee is higher than the amount paid in other markets. According to figures from the Center for Exports, “… in the 2016-2017 cycle the value of a hundredweight of gold grain was US $171.4, almost 5% higher than the average price of all coffee sold in that period, which was US $163.3.“
Although the Japanese market represents only 3.6% of the total market for Nicaraguan coffee, this proportion has been increasing steadily since the 2014/15 cycle, when it stood at 1.52%.
Elnuevodiario.com.ni reports that the Association of Special Coffees of Nicaragua (ACEN), commented: “…Japan is a market with a lot of potential for our country. It is also a segment that is very demanding, which is reflected in the compensation of purchase prices, which are well above those of the New York Stock Exchange.“
The Plan to Modernize Managua
- Friday, August 18, 2017
The master plan for urban development in Managua was presented by the Mayor of Managua and the Japanese International Cooperation Agency (JICA), which detailed that the investment of $500 million represents only a part of the total investment that will be required to transform the capital.The city “…Will have a traditional and patrimonial center, located in the historical downtown area; a western subcenter, in the area of the Civic Center and 7 Sur; an eastern subcenter, at the eastern end of the capital containing warehouseses, the Zona Franca Industria and the airport; this is followed by the suburban urban subway, which is the commercial area of the Metrocentro; and a fifth area will be an advanced technological sub-center, represented by universities in the extreme south-central part of the city, in the UNAN-Managua area.”
Tuesday 8 August 2017 13.45 EDT
Every poll in Nicaragua has shown that the inter-oceanic canal has majority popular support, writes John Perry, and Helen Yuill says the canal raises a wider question faced by all developing countries
Your article (Nicaragua canal critics ‘face wave of persecution’, 4 August) begins by calling the protests against Nicaragua’s inter-oceanic canal “a mix of anger, fear and defiance not witnessed since the civil war between the Sandinista government and US-backed Contra rebels”. That war cost 30,000 lives, but no one has died in the canal protests.
The protesters have organised more than 90 marches, involving thousands of people. Yes, some of the marches have been stopped, arrests have been made and unknown people have attacked some of those taking part. Amnesty International calls this “a campaign of harassment and persecution”. Would they apply the same standards to the police action to stop protests against fracking in the UK? Polls in Britain show that fracking protesters have public opinion on their side. In Nicaragua, every poll has shown that the inter-oceanic canal has majority popular support, and the protesters are in a minority, even in many of the areas through which the canal will pass.
Of course a mega-project such as the canal should be scrutinised for its potential social, economic and environmental effects. But please don’t make facile comparisons between the protests and a recent war that had such a devastating affect on a small country.
Nicaragua: Moody’s Improves Rating Outlook
Fiscal stability and the expectation that the necessary measures will be taken to mitigate the impact of eventual external shocks, was the justification given by Moody’s when deciding to raise the outlook for the debt rating from stable to positive.
Friday, July 21, 2017
Global Credit Research – 20 Jul 2017
New York, July 20, 2017 — Moody’s Investors Service has today affirmed the government of Nicaragua’s B2 foreign and local currency issuer ratings and changed the outlook to positive from stable.
Two key drivers underpin the positive outlook:
1) Continued fiscal stability and favorable economic prospects relative to peers, despite a significant decline in financial flows from Venezuela
2) Moody’s expectation that authorities’ macroeconomic policies will mitigate the impact of potential future external shocks, and support the strengthening of the sovereign credit profile
The affirmation of the B2 rating reflects credit strengths including strong economic growth, a policy framework geared towards maintaining macro-economic stability as well as lower-than-peers debt and interest burdens. These strengths balance the credit challenges posed by low per capita income and a high share of foreign currency denominated government debt.
Please read the rest of the article here.
You can buy and retire in Nicaragua from under $100,000
I moved to Nicaragua 10 years ago and live in an adorable two-bedroom, two-bathroom home on half an acre with a beautiful ocean view. That would never have happened in the U.S. I also retired 11 years early. Back home I’d be working until the day I died.
There are five areas in Nicaragua where the infrastructure and expat communities can offer you a different life than the one you are used to in the U.S.
San Juan del Sur (where I live) is often called “the party town on the beach,” but it has also been finding its way as an art town. Fledgling art organizations crop up and work together and separately to provide a new art scene for this tiny three-square-block city.
Click here to view newsletter…….June 2017 Precious Timber Newsletter
For nearly any product you can think of, there is a market in Nicaragua. Today, as thousands of Nicaraguans who fled the Sandinistas during the revolution return to their native country, they bring with them sophisticated tastes and an appetite for the kinds of goods and services they grew accustomed to while in exile in the United States and in Canada. Their return has proved to be an incredibly stabilizing force in this country–both economically and politically. After all, these were the attorneys, the doctors, the better educated in the society who fled.
And now they understand how a free-market economy works. They understand democracy. They speak English. And, perhaps most critically, they form a true middle class with expendable income to buy the goods and services to which they’d become accustomed in North America. That spells opportunity for you.
Nicaragua has one of the fastest real GDP growth rates in Central America. The country has complied (unlike many other nations) with prescribed IMF demands for cutting its deficit, implementing structural reforms, and maintaining overall monetary stability.
Nicaragua is set to benefit from rapid and sustained economic growth in the years to come, growth it has encouraged with the passage of several laws specifically designed to attract and protect foreign investors. According to the Economic and Commercial Section at the U.S. Embassy in Nicaragua, “The in-flow of foreign direct investment has almost doubled [for the most recently-available figures]–from US$97 million in 1996 to US$184 in 1998.” About one-third of that investment comes from the United States…investment primarily in agriculture, construction, services, industry, mining, energy, tourism, and aquaculture.
Investing in Nicaragua Involves Very Few Restrictions
In the last decade, Nicaragua has privatized nearly all its old state-owned monopolies, save for the public utilities, and has thus dramatically reduced the amount of government red tape investors have to contend with when they do business here. In addition, it has opened up all sorts of new markets.
A foreign investment law ensures you can repatriate 100% of your profits and, after three years, the initial investment as well. (Even if you don’t “register” your investment, banks will freely repatriate profits.)
You’ll find no legal grounds for discrimination against you when you invest. The law allows for 100% foreign ownership in every economic sector. And there are no restrictive visa or work permit requirements to inhibit investment.
Please read the full article here…