Bureaucracy Generates Corruption

CentralAmericaData EXPRESS Thursday, October 11, 2012 Daily Update      Market Place      Economic & Financial Reporter      Press Releases      Events      Training      Companies Trouble viewing this email? See it online Add a friend, click here. Seleccione: English l  Español Central America daily news CA Bureaucracy Generates Corruption Its a vicious circle where lack of trust leads to unnecessary requirements, the requirements leads to cumbersome procedures, the procedures sets up the trap, the trap to the bribe, and the whole thing starts over again. CR Costa Rica: Push for Electoral System Reform A proposal has been made to change the rules for the election of congressmen so that the majority be elected in their constituencies, so as to legitimize them with their communities. NI New $115 Million Wind Power Project Project "Eoleo" aims to generate 44 MW of renewable energy in Rivas, Nicaragua. NI Nicaragua: Real Estate Investment Funds With advice from the Chamber Investment Funds of Costa Rica, the creation of real estate investment funds is being worked out. PA Tender for Sanitation Project The Institute of Aqueducts and Sewers of Panama, has called for expressions of interest for the hiring of consultancy services for the development of a "Master Plan for Stormwater Management and Sanitary Works in the District of Colon." GT Inflation Accelerates in Guatemala In September 2012, the Consumer Price Index in Guatemala recorded an intermonthly variation of 0.49%, an annual variation of 3.28% and cumulative variation of 2.87%.   Daily data Daily currency Oct 11 Year change   Colón 503.21 -4.11%   Quetzal 7.9825 1.59%   Lempira 19.68 4.10%   Córdoba 23.847 4.93% more details... Commodities Oct 11 Day change   Brent 113.98 0.62%   Gold 1,766.70 0.30%   Rough Rice 1,346.50 1.39%   Coffee "C" 165.60 -1.34%   Cocoa 1,516.00 -1.75%   Soybean 1,546.00 1.31%   Corn 762.00 3.67%   Wheat 889.00 1.02%   Ethanol 2.45 2.47%   Silver 34.08 0.00%   Copper 3.76 1.09%   Lumber 290.00 1.05% more prices... Markets Oct 11 Day change   Dow Jones 13,380.26 0.26%   Nasdaq 3,071.64 0.65%   S&P 500 1,440.56 0.56%   Mexico IPC 41,625.46 0.37%   FTSE 100 5,828.93 0.90% more indexes...   More News - Foreign Doctors Practices Regulated - Maritime and Logistics Sectors Suffer Labor Shortages - Complaints Against Estate Agencies for $98 million - Competition for Currency Exchange Shops in Tocumen - Speciality Coffee in Nicaragua - Agreement on Land Prices in Colon Free Zone - Canadian Mining Company Does Not Find Gold in Nicaragua - Exemptions for Tourism in Nicaragua - Panama Logistics Expo 2012 Opens - The Nonsense of Price Controls - El Salvador's BFA Tenders Banking System - Coffee Prices and the Brazilian Strategy - Guatemalan Engines - Minera Panama to Invest $45 million in Port - Reported Dumping on Beer Imports - In Order to Develop Guatemala Needs Certainty - Panama: Improved Crime Statistics - It is Not Enough to Offer Desk Space - Rise of Retreading in Costa Rica Government purchases   Current by category : Infraestructure & Construction: 577 Health & Medicine: 446 IT & Telecomm: 172 Electrical equipment and supplies: 100 Tools & Machinery: 92 Agriculture & Food: 77 Furniture & Wood: 70 Auto Industry: 59 Cleaning & Maintenance: 56 Profesional Services: 46 Other: 347

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