Investments

• 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.

• Thursday, September 22nd 2022 - 09:35 UTC

  Germany to nationalize gas giants to secure energy supplies and war in Ukraine

  

  Germany is to nationalize gas giant Uniper to secure energy supplies amid the war in Ukraine. The deal will see the German government take on a 98.5% stake in the firm at a cost of €8.5bn (£7.4bn).

• Wednesday, September 21st 2022 - 10:39 UTC

  Fortuna announces the construction of a new trawler

  

  Over recent weeks, the Boards of Fortuna Ltd and our partners have approved the construction of a new trawler to replace the FV Capricorn in the Loligo fishery in early 2025. The vessel will be owned and operated by Fortuna Joint Venture Company - “Petrel Fishing Company Ltd”.