Investments

• Monday, July 16th 2018 - 08:54 UTC

  North Falkland Sea Lion Project: Premier Oil advancing in contracting suppliers

  

  Dril-Quip (Europe) in Aberdeen has announced a letter of intent with Premier Oil to provide subsea production systems for the Sea Lion Phase 1 development offshore the Falkland Islands. The letter of intent signed was described as a sizeable supply contract, but was undisclosed.

• Monday, July 16th 2018 - 08:13 UTC

  Record direct investment in Chile in the first four months of 2018

  

  Foreign direct investment in Chile reached US$ 8.48 billion in four months January to April, its highest level since records began 15 years ago, thanks to a new law designed to attract investment, the government investment agency stated.

• Monday, July 9th 2018 - 07:34 UTC

  Falklands' oil industry on the move as Sea Lion project financing has a pathfinder bank

  

  Rockhopper Exploration says Standard Chartered Bank will serve as Pathfinder Bank for the proposed senior debt project financing of the Premier Oil-operated Phase 1 development of the Sea Lion project offshore the Falkland Islands.

• Friday, July 6th 2018 - 08:43 UTC

  Brexit and the Falkland Islands: Potentially catastrophic?

  

  Brexit could be “potentially catastrophic,” for the Falklands according to a recent UK newspaper article. And by all accounts it could have a serious impact if heavy tariffs were applied to goods exported from the Islands into the EU. But just how bad could it be?

• Friday, July 6th 2018 - 08:12 UTC

  FDI in Latin America falls for the third year running, says ECLAC

  

  Despite an international context characterized by stronger growth in the global economy, abundant international liquidity, high corporate returns and optimism in financial markets, the flows of Foreign Direct Investment (FDI) in Latin America and the Caribbean – on average, and with great heterogeneity within the region – fell for the third year in a row in 2017 to total US$ 161.673 billion dollars, down 3.6% from the previous year and 20% below the level reached in 2011.

• Thursday, July 5th 2018 - 07:07 UTC

  Embraer-Boeing combined operations talks “complex” but ongoing

  

  Embraer SA Chief Executive Officer Paulo Souza e Silva said the company is in the final stage of talks to combine operations with Boeing Co, newspaper Valor Economico reported on its website late on Wednesday. Souza e Silva, attending an event hosted by the paper, declined to elaborate on details of the agreement and described the negotiation as “complex.”

• Thursday, July 5th 2018 - 06:40 UTC

  Jaguar-Land Rover warns about a “bad” Brexit for profits and investment

  

  Jaguar Land Rover has warned that a “bad” Brexit deal would hit its profits and threaten its £ 80bn investment plans. The UK's biggest carmaker, owned by India's Tata Motors, said its “heart and soul is in the UK”.

• Wednesday, July 4th 2018 - 23:02 UTC

  Falklands implements significant investments in nursery provision

  

  The Falkland Islands Government Budget for 2018/19 are investing £3 million in families this year, including making significant investments in nursery provision. This is to help ensure that childcare in the Falkland Islands remains safe, suitable and affordable for everyone.

• Wednesday, July 4th 2018 - 09:16 UTC

  Falklands' ambitious capital program begins with construction of accommodation for 100/200 overseas labor

  

  The Falkland Islands Government has set out an ambitious program to deliver significant capital and infrastructure projects over the next five years. These projects include a new power station, the development of a new port, improvements at the MPA passenger terminal, a Vulnerable Persons Unit and expansion of the King Edward Memorial Hospital.

• Wednesday, July 4th 2018 - 08:29 UTC

  Bolivia invites India to develop lithium reserves, essential for electric vehicles and smart phones

  

  Bolivia, known to have the largest reserves of lithium, has offered the metal –used in making batteries of electric vehicles, laptops and smart phones– to India. Ambassador to India, Sergio Dario Arispe Barrientos, said Bolivia has the largest deposit of Lithium and India could explore this opportunity.