Economy

Tuesday, October 3rd 2017 - 07:22 UTC
JetSMART offers ultra low rates for Santiago/Punta Arenas beginning 18 December

JetSMART, Chile's ultra low cost airline is planning to link Santiago with Punta Arenas as of next December, charging some 8.000 Chilean Pesos for each leg, plus boarding taxes, 15.500 Pesos, according to the company's CEO Estuardo Ortiz. The exchange rate is approx Pesos 600 to the US dollar.
Monday, October 2nd 2017 - 19:56 UTC
Falklands' budget estimated deficit, turns into a strong surplus at the end of the financial year

The Falkland Islands budget performance at the end of the financial year in June will show a considerable surplus, far from the £2 million deficit estimate, according to the government's Head of Finance, Andrew Francis.
Monday, October 2nd 2017 - 11:53 UTC
Uruguay foreign minister will meet UK's Boris Johnson next Monday in London

Uruguay's foreign minister Rodolfo Nin Novoa announced he will be meeting foreign secretary Boris Johnson next Monday, in London to address Brexit consequences and Uruguay's interest is reaching a trade agreement with the UK. Although both sides are interested in such an understanding, this will be an initial contact, “the strong intention which will have to be followed up by detailed negotiations”, points out the Uruguayan government ministry.
Saturday, September 30th 2017 - 19:20 UTC
Falklands promotes investment in the tourist cruise sector

In response to calls from the Falklands cruise sector the Falkland Islands Tourism Board (FITB) has launched a new grant scheme to encourage investment in the cruise sector. Executive Director of FITB Stephanie Middleton said “Cruise operators tell us that they are keen to see more options for visitors when coming on shore.
Saturday, September 30th 2017 - 11:52 UTC
Half of the Falkland Islands wool clip has been forward sold

Landholdings General Manager Andy Pollard has reported that the wool market remains in a strong position, with demand increasing as customers view it as a more sustainable product than artificial fibres.
Thursday, September 28th 2017 - 21:54 UTC
Argentine economy picked up speed in July expanding 4.9% from a year earlier

Argentina's economic recovery picked up speed in July, expanding 4.9% from a year earlier as President Mauricio Macri's pro-growth policies appeared gain traction. July's year-over-year expansion is the highest posted by Argentina in more than two years and it moves the country closer to hitting its target of 3% growth this year.
Thursday, September 28th 2017 - 07:48 UTC
British Embassy present at the main Uruguayan agri-business exhibition for the fourth consecutive year.

From 6-17 September, Montevideo was home to Uruguay’s biggest agricultural industrial fair, Expo-Prado, and the British Embassy was present with a pavilion focused on tourism, business, education, gastronomy and culture.
Thursday, September 28th 2017 - 07:22 UTC
Trump announces a “once in a generation” sweeping tax reform

United States President Donald Trump has unveiled sweeping tax reforms which if passed by the Congress would bring down the business tax rate to 15%, introduce territorial tax system that would offer level playing field to American companies.
Thursday, September 28th 2017 - 05:11 UTC
“Sustainable Tourism, a Tool for Development”, message by Taleb Rifai

In 2017, the celebration of this Tourism World Day (September 27) focuses on how sustainable tourism can contribute to development and it is held in Doha (Qatar).
Wednesday, September 27th 2017 - 19:54 UTC
London second ranked international travel destination

London has come a close second to Bangkok as a top-ranked international travel destination, according to the annual Mastercard Global Destinations Cities Index released this week.