Investments

Wednesday, May 31st 2023 - 18:28 UTC
Falkland Islands Government publishes Budget for 2023/24

On 31st May, the Governor of the Falkland Islands made her annual address, state of the Nation, to the Legislative Assembly. In her speech, Alison Blake CMG reviewed last year's challenges and highlights, set out the government's and public service priorities for the year ahead, and paid tribute to the economy.
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Monday, May 29th 2023 - 20:40 UTC
Additional funds to continue expanding the port of Ushuaia

The port of Ushuaia will be receiving an additional 2,5 million dollars (in Argentine Pesos) to continue the expansion and updating of the terminal in the extreme southern province of Tierra del Fuego. The announcement followed a meeting of the provincial governor, recently re-elected Gustavo Melella, and Deputy Secretary Patricio Hogan, from the federal government Ports, Watercourse ways and Merchant Navy Office.
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Monday, May 29th 2023 - 10:42 UTC
First Chinese-built airliner enters aviation market

The COMAC C-919, China's first passenger aircraft, Sunday completed its first commercial flight marking its official entry into the civil aviation market, it was reported in Beijing, where authorities are confident it can compete with the Boeing 737 MAX and Airbus A320. China Eastern Airlines flight MU9191 landed “smoothly” at Beijing International Airport Shanghai's Hongqiao Airport with 130 passengers at 12:30 local time, after which firefighters performed the traditional water arch.
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Saturday, May 27th 2023 - 09:35 UTC
Record trade of Latin America with India, but mainly commodities for industrial goods

India’s exports to Latin America reached a record high of 22.41 billion dollars in 2022-23 (April-March), according to the latest release from the Commerce Ministry of India. Exports increased by an impressive 19% from US$ 18.89 billion in 2021-22, exceeding the 6.86% increase in India’s global exports.
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Saturday, May 27th 2023 - 08:00 UTC
UK and Brazil sign launching of the Partnership for Green and Inclusive Growth

Brazil and UK signed this week a Joint Declaration launching the Partnership on Green and Inclusive Growth on the occasion of the official visit to Brazil of the Secretary of State for Foreign, Commonwealth, and Development Affairs of the United Kingdom of Great Britain and Northern Ireland, Mr James Cleverly.
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Thursday, May 25th 2023 - 10:17 UTC
Taiwan disburses third donation to Paraguayan hospitals

Taiwanese authorities announced Wednesday in Asuncion a US$ 4,800,000 disbursement of a monetary donation to Paraguay's Health Ministry to be allocated to the Trauma Hospital, the Itauguá Hospital, and the Pediatric Children's Hospital of Acosta Ñu. It was the third installment of a US$ 14,992,733 donation from the Asian island for the “improvement of the Quality of Care of the Establishments of the Ministry of Public Health and Social Welfare,” according to a statement from the Paraguayan Ministry.
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Thursday, May 25th 2023 - 10:09 UTC
LatAm's business index falls below average figures

Paraguay remained the Latin American country with the highest projected growth for the year 2023, according to a Getúlio Vargas Foundation (FGV) study that also showed that the region has hit its poorest business climate in the last nine months, it was reported. Argentina is at the bottom of the list.
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Wednesday, May 24th 2023 - 09:59 UTC
Argentina and Brazil to eliminate cell phone roaming between both countries?

Argentina's Ambassador to Brazil Daniel Scioli and Communications Minister Juscelino Filho Tuesday agreed to advance towards the suppression of roaming between both countries in a new step of the Mercosur integration process heralded by Presidents Alberto Ferenández and Luiz Inácio Lula da Silva, it was reported in Buenos Aires.
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Saturday, May 20th 2023 - 10:43 UTC
Argentina to buy 4 P-3s from Norway

Argentina's Defense Ministry agreed to purchase four long-range Lockheed Martin P-3 Orion aircraft from Norway at a cost of US$ 67 million to increase the South American country's patrolling capabilities in the South Atlantic, it was reported Friday in Buenos Aires.
Friday, May 19th 2023 - 10:20 UTC
Construction of Chinese multipurpose mega port in Peru runs into trouble

Peru's Prosecution Office has launched an investigation into China’s COSCO Shipping Ports Ltd after a landslide at one of the company’s tunnel construction sites at the major mega-port of Chancay in the country. The incident, which took place in the coastal province of Huaral, damaged at least four houses near the tunnel and forced the company to suspend construction.