Tag: Punta del Este
Punta del EsteBargains forecasts in Uruguay as Argentine investors withdraw funds following new bank rules
By Dean Steinbeck (*) As much as it defies common sense, Uruguay entered into a tax sharing agreement that will scare off Argentine investors; the same group of people who are Uruguay’s biggest source of capital, investment, and innovation.
“Highly positive” cruise 2011/12 season for Uruguay with 213 vessel calls
As “highly positive” was described the 2011/12 cruise season by Uruguay’s Deputy Tourism minister Lilian Kechichian during the ceremony in the port of Montevideo to receive the last vessel of the season.
Uruguay will attend the SeaTrade Cruise industry fair in Miami next week
Uruguay will attend the SeaTrade fair in Miami, the greatest event of the cruise industry scheduled for next March 12/15 at the Miami Convention Centre.
Uruguayan economy forecasted to expand 4% to 4.5%; inflation main challenge
Uruguay's economy is poised to expand 4% to 4.5% this year, a moderate slowdown from the growth of just over 6% seen in 2011, the president of the central bank Mario Bergara told reporters during an IMF conference held in Punta del Este.
Uruguay’s government and private sector disagree on number of tourists arrived
The number of tourists arriving in Uruguay this summer season has erupted into an open controversy between the government and tourism operators who question the official stats release of the first fifteen days of January.
Uruguay’s main residential seaside resort under siege by real estate speculators
The leading residential seaside resort in Uruguay which has made the reviews of some of the most significant world magazines because of its village spirit, excellent beaches and easy going environment but also with some of the best restaurants and art galleries in the country is threatened by speculators.
Three cruise vessels with 5.000 passengers spend Christmas in Punta del Este
Three cruise vessels with over 5.000 passengers spent Christmas at Uruguay’s international seaside resort Punta del Este on the Atlantic, according to the local port authority, Carlos Ferreira.
Argentina tells Uruguay it will not accept surplus Pesos from the summer season
Argentina will not take back the millions of Pesos that thousands of tourists spend in neighbouring Uruguay during the summer season. That was the reply to a request from Uruguay’s largest bank branch in the City of Buenos Aires, according to banking sources in Montevideo.
Uruguay anticipates 230 cruise calls this season from November to May
Uruguay expects a record cruise season beginning November with over 230 calls split between Montevideo and Punta del Este, 80 miles to the east on the Atlantic coast line, according to Deputy Tourism minister Lilian Kechichián.
Latam’s largest bank has requested to operate in Uruguay as commercial bank
Banco do Brasil, Latin America’s largest financial institution has requested a licence to operate in Uruguay as a commercial bank according to the Brazilian government’s news agency.
