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MercoPress, en Español

Montevideo, October 21st 2025 - 00:12 UTC

Investments

  • Monday, February 24th 2025 - 08:25 UTC

    Falklands: Mount Pleasant Airport runway repairs completed ahead of schedule

    Resurfacing works on the runway at Mount Pleasant Complex complete ahead of schedule. MOD Crown Copyright.

    A £20 million project to resurface part of the airfield at Falklands Islands Mount Pleasant Complex has been completed ahead of schedule. Mount Pleasant Complex is the RAF’s airfield in the Falkland Islands and is an important overseas base for the Ministry of Defense (MOD) which is run by UK Strategic Command. It is a vital air link between the Falkland Islands and the UK

  • Friday, February 14th 2025 - 10:28 UTC

    Details about Port of Asunción's future disclosed

    Construction is expected to start in two weeks with an opening scheduled for November this year

    Nuevo Mundo Entertainment SA Director Santiago Sosa explained Thursday the details of the redevelopment works undertaken at the Paraguayan capital's historic port. In an interview with an Asunción broadcaster, he explained that the project stemming from an agreement with the Government signed early last year will include the recovery and modernization of the facility's four sheds, converting them into a multifunctional space with commercial premises, open-air stages, and a large-capacity events center.

  • Wednesday, February 12th 2025 - 09:48 UTC

    Bolivia's lithium company says deal with Chinese partners is risk-free

    The Chinese company has three years to start collecting top-quality lithium or leave Bolivia with no compensation after investing over US$ 1 billion

    Yacimientos de Litio Bolivianos (YLB) Legal Manager Pablo Nina warned Tuesday that the Chinese company Hong Kong CBC has three years to extract a mineral with 99.5% purity and 80% recovery in the raw material processing or face the dismantling of its two battery-grade lithium carbonate production plants in the Uyuni salt flat and leave the country.

  • Tuesday, February 11th 2025 - 09:25 UTC

    Uruguayan industry might face encores of Yazaki case

    There is no developed country without a robust industry, García pointed out

    After the departure from the country earlier this month of Japanese autopart maker Yazaki, Uruguay's Chamber of Industries (CIU) President Leonardo García warned that the South American country's situation might encourage other foreign companies to follow suit.

  • Friday, February 7th 2025 - 06:38 UTC

    Falkland Islands Government response to Starlink email notification

    It is understood by FIG that Starlink may be enforcing its own policy on roaming packages that have remained fixed in place for 60 days or more, part of the terms and conditions of use.

    The Falkland Islands Government (FIG) is aware that Starlink this week issued a notification to some of its users, indicating their intent to disable services due to the Falkland Islands not being an authorized territory.

  • Wednesday, February 5th 2025 - 05:31 UTC

    Falklands, summary findings from salmon-farming scoping exercise

    FIG ran a scoping exercise from 04 November to 01 December 2024, to establish what additional information and evidence the public and stakeholder groups want to see

    The Falkland Islands Government (FIG) is in the process of considering the potential for the future development of large-scale, commercial salmon-farming activities in Falkland Islands waters. An in-depth public consultation on a set of development proposals, including a proposal that large-scale salmon-farming is not permitted, is planned for mid-2025.

  • Wednesday, February 5th 2025 - 05:20 UTC

    FIG’s £400m Portfolio: HSBC Private Banking UK takes over management

    FIG Financial Secretary Pat Clunie said: “The services provided to FIG will ensure a high quality of service and will be cost effective.

    The management of the Falkland Islands Government’s (FIG) investment fund portfolio of £400m has been awarded to HSBC Private Banking UK (HSBC) after a competitive process. FIG reviews its investment management on a periodic basis and last year decided to undertake a formal tender.

  • Friday, January 31st 2025 - 09:47 UTC

    Autopart makers Yazaki leaving Uruguay

    Union-sanctioned production stoppages affected the company's reliability to customers, it was explained

    Japanese autopart makers Yazaki announced the closure of its two plants in Uruguay citing rising costs, leaving thousands jobless, it was reported in Montevideo. Some 1,200 workers have been affected by the measure. The plants in Las Piedras and Colonia, which had been operating since 2007, represented 300 and 900 jobs respectively. Yazaki's presence in the region will be shifting to Argentina and Paraguay.

  • Friday, January 31st 2025 - 09:24 UTC

    Swiss minister tells Peña her country interested in dealing with Mercosur

    Switzerland “has many companies that are interested in investing worldwide,” Budlinger explained

    Switzerland's Secretary of State for Economic Affairs Helen Budlinger told Paraguayan President Santiago Peña that her country was interested in expanding businesses with Asunción and with all of the Southern Common Market (Mercosur). She made those remarks Thursday as she welcomed Peña to the non-European Union nation which thus covets a separate Free Trade Agreement (FTA).

  • Wednesday, January 29th 2025 - 09:32 UTC

    New Uruguayan airline launched

    The company should be operational in the last quarter of 2025. SUA will be operating Canadian-built Airbus A220-300 aircraft

    The company to pick up the baton from Pluna as Uruguay's flag airline was launched Tuesday during a press conference at Montevideo's Carrasco International Airport. SUA (Sociedad Uruguaya de Aviación) intends to position the air terminal as a regional logistics hub by reducing flight times and costs to destinations in Mercosur and Chile, it was explained.