CABEI finances hospital construction projects in Guatemala

CABEI finances hospital construction projects in Guatemala

The Government of Guatemala promotes two competitive public procurement events (tenders) for the construction or expansion of hospitals, with financing from the Central American Bank for Economic Integration (CABEI). Significantly, the winning bidders must ensure the availability of funds during ...
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Nicaraguan Real Estate Brokerage Law
/ / News, Nicaragua, Real Estate & Hospitality

Nicaraguan Real Estate Brokerage Law

With this approval, Law No. 602, which had been in force since 2007, was expressly repealed, although the basic concepts of Real Estate Broker and Agent and brokerage activity remain unchanged. Some of the novelties in this law are:
Impact of the Mining Industry in Nicaragua
/ / Analysis, Blog, Mining, Nicaragua

Impact of the Mining Industry in Nicaragua

Favio Batres Director Mining Specialist Nicaragua fbatres@blplegal.com

Mining is one of the strongest industries with the greatest growth potential in Nicaragua. According to Central America Data, gold exports in Central America reached an increase of 387% in 2021, and Nicaragua ...
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Suspension of reinstatement in Costa Rica
/ / Costa Rica, Labor & Employment, News

Suspension of reinstatement in Costa Rica

The Constitutional Court is currently analyzing the constitutionality of articles 543, second paragraph, 545, 573, and 583 of the Labor Code because they could affect the guarantee of due process and the principle of constitutional reasonableness.

In both cases, it is ...
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September 15th, Central America Independence Day

September 15th, Central America Independence Day

All of Central America commemorates its independence on Thursday, September 15, a mandatory payment holiday. In Nicaragua, September 14 is a paid holiday, as well as September 15, and public sector employees there will enjoy vacations from September 10 through ...
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Regulatory update for the mining industry in Nicaragua
/ / Mining, News, Nicaragua

Regulatory update for the mining industry in Nicaragua

On August 31, 2022, the latest amendment to Law No. 387, Special Law on the Exploration and Exploitation of Mines, was published in the Official Gazette La Gaceta. This new Law No. 1128 of Reform and Additions to Law No ...
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New Public Procurement Law in Costa Rica

New Public Procurement Law in Costa Rica

Francisco Obando Director Public Law, Public Procurement & Regulation Costa Rica fobando@blplegal.com

On December 1, 2022, the new General Public Procurement Law will enter into force, repealing the Administrative Contracting Law No. 7494 of 1996 and its Regulations. As a ...
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