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Chile’s housing market is booming

Chile’s housing market conditions just keep pushing the real estate market’s large gains higher. As the market has been one of the best performing sectors in Chile over the last few years this is a continuing improvement for the region. In many parts of Chile’s 7th region the average price of agricultural land was increasing at an average rate of 9% a…

How to set up a company in Brazil

How to set up a company in Brazil Setting up a business in any country is a challenge especially having to consider each country’s laws and rules in the process of setting up. Opening and maintaining a business in Brazil also present just as much difficulty but with the right information and tools it becomes a lot easier. Having a corporation in Brazil can only…

Peru is one of South Koreas main food suppliers

South Koreas import a large quantity of their food from Latin American countries. Among the four largest food suppliers in South America is Peru and Ryo Bo Won (Strategy Director at Korean Trade-Investment Promotion Agency; Kotra) has said that it’s down to the reasonable prices and high quality products. The ‘pota’ (giant squid) is in great…

Oil found in Uruguay by Petrel

The former Molopo Energy boss Stephen Mitchell and former Eastern Star Gas chief David Caseys’ latest venture is to test the Uruguayan nation’s onshore shale potential. So far it is off to a promising start as it’s at the forefront of efforts to test at this point. Yesterday Petrel Energy confirmed the existence of oil generation from drilling on its ground…

Why is Peru’s economy not expanding at originally predicted rate?

On Tuesday, official data was released showing that as stronger mining activity offset a weak month for manufacturing, Peru’s economy expanded less than expected at 4.3% in August compared to the same month last year. The month with the second slowest rate so far in 2013 has been August. 4.6% had been the forecasted growth according…

Argentines are learning to treat chemical sprays with more respect than in the past

Argentina’s agricultural industry has been dramatically transformed by the introduction of genetically modified plants in 1996. A country once known for its grass-fed beef is now dominated by soy, corn and cotton. Soy harvests alone have tripled, ranking Argentina as the world’s third largest soybean…