Investments

Friday, March 25th 2022 - 09:20 UTC
Falklands Chamber of Commerce satisfied port project advances, but warns FIG on “gaps and issues”

The Falkland Islands Chamber of Commerce has reacted positively to news that the new port construction will go ahead. Invited to respond to the news in the light of recent controversy (FIG approved the Port Development Planning application despite a recommendation against by the Planning and Building Committee) a spokesperson for the Chamber responded to the Penguin News as follows:
Thursday, March 24th 2022 - 09:30 UTC
Falklands' War Mapping Project expected to begin this month at Mount Tumbledown

Waterloo Uncovered, the groundbreaking charity that combines archaeology with veteran care and recovery, will be visiting the Falkland Islands this month to begin the first intensive archaeological survey of its battlefields.
Thursday, March 24th 2022 - 09:15 UTC
Renault reopens plant in Moscow, after overcoming “electronic component shortages”

Carmaker Renault, partly owned by the French government, this week reopened its assembly plant in Russia, at a time when many international corporations are closing their businesses because of sanctions imposed on Moscow and public opinion pressure linked to the invasion of Ukraine.
Wednesday, March 23rd 2022 - 09:00 UTC
Falklands' Liberation: 5,6 miles yomp Charity challenge, remembering Royal Marines epic 56 mile yomp in 1982

Britain's Royal Marines Charity has set a challenge for its supporters, wherever they are in the world, to run, walk or cycle 5.6 miles in June to mark 40 years since the liberation of the Falkland Islands and raise money.
Tuesday, March 22nd 2022 - 09:45 UTC
Argentine President welcomes SK firm's brass ahead of lithium project start

Argentine President Alberto Fernández Monday welcomed a group of executives from South Korean company POSCO (Pohang Iron and Steel Company) who are in the country to build a commercial lithium plant in the province of Salta. POSCO is the world's sixth-largest steel producer.
Friday, March 18th 2022 - 20:31 UTC
Livent to increase lithium output in the Argentine province of Catamarca

Business developer Elon Musk's Tesla has been eyeing Argentine lithium for its battery-powered cars, due to which suppliers intend to double down output at Catamarca, it was reported.
Friday, March 18th 2022 - 09:40 UTC
Argentine beef exporting consortium gives in to gov't demands

A leading beef-exporting group in Argentina, which earlier this week had stood up to the Government's demands that the domestic market should be prioritized over shipments abroad, has given in to the authorities' warning and agreed to supply their share of cuts at “Cared-for Prices.”
Thursday, March 17th 2022 - 20:56 UTC
Uruguayan fruit company in the red has new owners

The international produce company Frutura has bought over the Uruguay-based Citrícola Salteña, a leading global supplier and marketer of high-quality citrus and juice.
Tuesday, March 15th 2022 - 09:32 UTC
Three provinces concentrated 74% of Argentine US$ 78bn. exports in 2021

Three mainly agricultural provinces in Argentina, Buenos Aires, Santa Fe, and Córdoba accounted for 74% of the US$ 78 billion exported by the country in 2021, reported the National Institute of Statistics and Censuses (Indec).
Tuesday, March 15th 2022 - 09:31 UTC
Argentine FM lands financing deals for transition infrastructure

Argentine Foreign Minister Santiago Cafiero, who is on a Middle East official tour, Monday announced he had reached agreements worth over US$ 1 billion to finance infrastructure works regarding energy and climate change through 2023.