Investments

Saturday, October 15th 2022 - 06:21 UTC
Documents for the auction of Port of Santos new container terminal approved by Brazilian government

The documentation relative to the auction of the STS10 area of the Port of Santos has been approved. The Federal Government’s bet to improve container throughput at Santos is located in the Saboó region. The National Waterway Transportation Agency (Antaq) authorized the participation of vertical companies but included contractual clauses to prevent possible anti-competitive practices.
Thursday, October 13th 2022 - 10:24 UTC
Falklands new port suspension: resuscitating packages required for FIPASS functioning

Following the recent Falkland Islands' Executive Council decision not to proceed with the new port facility construction as tendered by BAM, Members of the Legislative Assembly are committed to ensuring that the facilities at the current FIPASS port terminal continue to function while options in respect of the future operational requirements for the facilities at the location are examined.
Monday, October 10th 2022 - 10:00 UTC
Trump Tower in Punta del Este launched

Uruguayan President Luis Lacalle Pou attended the opening this weekend of the luxurious Trump Tower in the exclusive beach resort of Punta del Este in the Department (province) of Maldonado. The project began ten years ago.
Saturday, October 8th 2022 - 10:16 UTC
Uruguay launches stamp, announces coin commemorating Andes plane crash

Uruguayan President Luis Lacalle Pou Friday took part in a ceremony marking the 50th anniversary of the so-called Andes tragedy, an airplane crash that made history since many victims survived after being left for dead.
Wednesday, October 5th 2022 - 14:51 UTC
Brazil, with Mercosur partners, plans to become a global rice exporting hub

As India, the world leader in exports restricts rice shipments, Brazil signaled at the World Trade Organization (WTO) that together with Mercosur partners, it is ready to expand exports and help with global food security.
Wednesday, October 5th 2022 - 14:40 UTC
Falklands Chamber of Commerce renews the Board; prepares for 30tth anniversary celebration

The Falkland Islands Chamber of Commerce held its 29th Annual General Meeting on Friday, 30th September 2022. During the meeting, members re-elected Mike Summers as Chairperson and Marika McKay as a Director of the Board. Mark Neves stepped down as a Director, and members nominated Sam Cockwell to the Board in his stead.
Monday, October 3rd 2022 - 09:47 UTC
Argentine tire manufacturers back to work

An agreement has been reached between Argentina's Single Union of Argentine Tire Workers (SUTNA) and the three companies operating in the country, thus bringing the five-month conflict that left the country virtually tireless to an end.
Friday, September 30th 2022 - 09:41 UTC
Falklands suspends new port facility works due to an 'increase in costs': from £50-70m to some £157m

The second phase of the development of the Falklands' new port facility is not to go ahead due to an “increase in costs” according to the Falklands Government, FIG.
Monday, September 26th 2022 - 10:16 UTC
All tire-manufacturing plants in Argentina close down

Argentina has ceased to be a tire-manufacturing country as labor conflicts resulted in the closing of all three plants nationwide, although some of these measures have been reported to be a temporary issue.
Friday, September 23rd 2022 - 10:56 UTC
Uruguay ranked among best places for investing in the near future

According to one of the world's leading financial magazines, Uruguay remains “a haven of stability in a volatile region.” The report featured the opinions of experts participating in a regular survey, who were asked to evaluate 174 countries quarterly.