Blog Central American Business News

Central American administrative and economic integration continues to be pursued as a means of maximizing the economic potential of each of the countries of the Isthmus. In an effort to move the process along, the countries of the Northern Triangle (Guatemala, Honduras, and El Salvador) have entered into a Central American Customs Union in order to facilitate trade and the free movements of goods among each of the participating nations for the purpose of promoting the prosperity of each.

Industry 4.0 in Costa Rica, and in the rest of the world, is in the process of becoming one of the greatest transformations that has been experienced since the beginning of civilization.  This is because, in the coming years, much of the work that humans now perform will be replaced by robots. 

A supply chain in Central America is comprised of a set of elements that allow companies that are operating in the region to carry out the development and sale of a product for the purposes of fulfilling the main objective of meeting end customers’ needs.

In recent years, the concept of warehouse and inventory management in Central America has changed.   Contact the Central American Group for assistance. Today, an operation that encompasses warehouse and inventory management in Central America should be viewed as a profit center in which a series of related processes are executed.  These activities can range […]

According to the World Bank, Costa Rica is a success story in terms of its development.  It is classified as a high-middle-income country that has experienced sustained economic growth for the past twenty-five years.  It’s Gross Domestic Product (GDP) growth in 2018 was a respectable 2.7%, while its per capita GDP stood at US $11,630.67.  It is noteworthy to mention that over the last several years, Costa Rica has managed to reduce its total poverty rate from 22.3% to 20.5%.  Companies that invest in Costa Rica benefit from its economic stability.

Talk to our organization about supply chain management in Central America The main objective of supply chain management in Central America is to maximize the value of customer service and to achieve a sustainable and competitive advantage.  Supply chain activities cover everything from product development to sourcing, production, and logistics.  This also includes the implementation […]

Freight consolidation services in Central America consists of placing goods from several exporters within the same container to form what is known as “consolidated shipments.”  Cargo in such shipments must have the same destination or, at least, must have a delivery scheduled along the same route. 

One of the region’s main competitive advantages is its geographical position.  With the exception of El Salvador, all of the countries in Central America have access to two oceans, as well as have direct access to large markets on both the North American and South American continents.  Additionally, Central American countries have made improvements by investing in infrastructure, incorporating new technologies, and attracting more shipping companies to their port facilities.  This has resulted in increased volumes of trade.

Chinese investment in Central America continues to grow.  Chinese investment in Central America, as well as its interactions with the countries of the region,  is growing at a significant pace.    A sign of this was the occurrence of a recent “milestone” in Panamanian aviation: the first direct flight between that country and the People’s Republic […]