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One mans experience of doing 40 yrs trading with Latin America from New Zealand

One mans experience of doing 40 yrs trading with Latin America from New Zealand One of LANZBC’s longest-standing members and Chilean honorary consul in Auckland, Gerry Williams, managing director of Pacific Basin Exports Limited, writes below about his experiences doing business in Latin America and provides some sage advice. Gerry founded the PBE in 1978 after an extensive trip visiting many farming locations throughout Latin America. Gerry had completed an Export Marketing course and had won the annual…

Argentina benefits short term from falling oil prices

The worst selloff in crude oil since the financial crisis is turning into a bullish sign for Argentina’s bond investors. Whilst oil-exporting nations such as Venezuela have been battered as the U.S. benchmark price tumbled to a five-year low last week, the decline may help cut Argentina’s record fuel import costs by as much as 20 percent in 2015, according to former energy minister Daniel Montamat, who now runs consulting company Montamat & Asociados. The savings would bolster foreign currency reserves…

Doing business with the Chinese requires an understanding of their culture

Major cultural differences can be a recipe for disaster when South American businesses try to operate in China. Understanding the distinct characteristics of the Chinese way of thinking is a first step in reducing that risk of failure. The research by agribusiness management lecturers at Lincoln University’s faculty of commerce in New Zealand, set out to study the cross-cultural business relationships between foreigners and Chinese within the food and agribusiness sector. Nonetheless, the lessons learned…

Would you like to savour the adventure of Dakar 2015 from your backyard?

Would you like to savour the adventure of Dakar 2015 from your backyard? The Dakar adventure began in 1977  in Africa. Thierry Sabine got lost on his motorbike in the Libyan desert during the course of the Abidjan-Nice rally. Saved in the extremis from the sands, he returned to France fascinated by the sights and decided to share it with others his discovery. Thus, the race route out of Europe was first formed. The route to Algiers crossing Agadez before eventually finishing at Dakar, Africa. The founder coined…

LAN CHILE to introduce a 787 Dreamliner service to the Sydney-Santiago route

LAN CHILE to introduce a 787 Dreamliner service to the Sydney-Santiago route LAN will upgrade its daily Sydney-Auckland-Santiago service from the Airbus A340-300 to the Boeing 787 from April 18 2015. The Chile-based airline said in a statement the Dreamliner used to Sydney would be configured with 30 business and 217 economy seats for a total of 247, suggesting LAN planned to use the original 787-8 to operate the route. LAN’s 787-9s, to be delivered from 2015, will have 313 seats, according to the airline’s…

Argentina is the top tourist destination in South America

Argentina will  welcome some nearly six million visitors in 2014.  Unlike previous periods most of these tourists ( 75% ) are Latin American with Europeans and North Americans mostly staying away.  Chile, Brazil, Uruguay and Paraguay being the top sources of visitors. In 2003, just as the country was crawling out of its last economic crisis, almost three million international travellers visited Argentina. Ten years later, the country is on track to welcome a record number of visitors, with the Tourism Ministry…