Tag: Punta del Este

• Monday, March 5th 2012 - 05:50 UTC

  Uruguayan economy forecasted to expand 4% to 4.5%; inflation main challenge

  

  Uruguay's economy is poised to expand 4% to 4.5% this year, a moderate slowdown from the growth of just over 6% seen in 2011, the president of the central bank Mario Bergara told reporters during an IMF conference held in Punta del Este.

• Monday, January 23rd 2012 - 04:32 UTC

  Uruguay’s government and private sector disagree on number of tourists arrived

  

  The number of tourists arriving in Uruguay this summer season has erupted into an open controversy between the government and tourism operators who question the official stats release of the first fifteen days of January.

• Monday, January 23rd 2012 - 04:21 UTC

  Uruguay’s main residential seaside resort under siege by real estate speculators

  

  The leading residential seaside resort in Uruguay which has made the reviews of some of the most significant world magazines because of its village spirit, excellent beaches and easy going environment but also with some of the best restaurants and art galleries in the country is threatened by speculators.

• Monday, December 26th 2011 - 11:26 UTC

  Three cruise vessels with 5.000 passengers spend Christmas in Punta del Este

  

  Three cruise vessels with over 5.000 passengers spent Christmas at Uruguay’s international seaside resort Punta del Este on the Atlantic, according to the local port authority, Carlos Ferreira.

• Wednesday, November 16th 2011 - 00:34 UTC

  Argentina tells Uruguay it will not accept surplus Pesos from the summer season

  

  Argentina will not take back the millions of Pesos that thousands of tourists spend in neighbouring Uruguay during the summer season. That was the reply to a request from Uruguay’s largest bank branch in the City of Buenos Aires, according to banking sources in Montevideo.

• Thursday, October 27th 2011 - 05:40 UTC

  Uruguay anticipates 230 cruise calls this season from November to May

  

  Uruguay expects a record cruise season beginning November with over 230 calls split between Montevideo and Punta del Este, 80 miles to the east on the Atlantic coast line, according to Deputy Tourism minister Lilian Kechichián.

• Monday, May 30th 2011 - 02:39 UTC

  Latam’s largest bank has requested to operate in Uruguay as commercial bank

  

  Banco do Brasil, Latin America’s largest financial institution has requested a licence to operate in Uruguay as a commercial bank according to the Brazilian government’s news agency.

• Friday, May 27th 2011 - 08:48 UTC

  Real estate operations in Punta del Este reached 2.25 billion USD in 12 months

  

  Real estate operations in Uruguay’s hottest resort and leisure farms’ area totalled 2.55 billion US dollars in the twelve months to April 2011, equivalent to daily deals involving 7 million USD.

• Wednesday, April 20th 2011 - 04:44 UTC

  Uruguay’s booming tourism industry needs “a harbour for cruise vessels”

  

  Uruguay is seriously considering the construction of a harbour for the cruise industry and admits infrastructure is already lacking in many areas for the exponential growth of the tourism industry, which in 2011 could be reaching the targets set out for the five year period 2010/2014.

• Thursday, March 3rd 2011 - 05:30 UTC

  Velux 5 Oceans in Punta del Este; Van Liew with Le Pingouin wins third consecutive leg

  

  The US skipper Brad Van Liew won his third consecutive leg in the Velux 5 Oceans race on Tuesday evening pulling into Punta del Este, Uruguay, eight days after rounding Cape Horn in his 60-foot Eco 60 Le Pingouin..