Tag Archives: Uruguay General

GTSA Group Profile for South America

Gateway to South America is one of South America’s Southern Cone’s most experienced specialised real estate marketing companies with representation in Argentina, Brazil, Paraguay, Peru and Uruguay. We offer a comprehensive selection of rural, lifestyle and residential property throughout the … Continue reading

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New Zealand Farming Systems misses guidance with bigger Full Year loss, signals rights issue

BusinessDesk.co.nz NZ Farming Systems Uruguay, the South American dairy farmer controlled by Singapore’s Olam International, missed its guidance of two months ago with a bigger annual loss and signalled plans to raise US$135 million to repay a debt to its … Continue reading

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“Two very tough years” ahead for Uruguayan Construction and Real Estate Sales

The Uruguayan construction industry faces tough years ahead because of the international crisis and its effects on neighbouring Argentina, forecasted economist Jorge Caumont who is also an advisor of several real estate agents. “The Argentine investors who have been the … Continue reading

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Update on Property Price Trends in South America June 2012

Lets look at the property markets outside South America first. What is happening there. The main defining factor has been cheap credit and easy mortgage terms over a long period of time which in some cases mean there is no recourse for defaulting property owners at … Continue reading

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China and Europe continue to invest in South America

Many of the countries sprinkled across South America are enjoying periods of growth, as natural resources and higher standards of education than before present the region as a fantastic place to invest Source: worldfinance.com Chinese investment in South America has … Continue reading

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El 85% de todo el ganado de América del Sur está libre de aftosa

En el Centro de Convenciones de la Conmebol, Asunción, finalizaron ayer las deliberaciones de la 39ª Reunión Ordinaria de la Cosalfa (Comisión Sudamericana para la Lucha contra la Fiebre Aftosa). En esta reunión se analizó la situación sanitaria del continente, … Continue reading

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Global hotelliers eye Latin America for unprecedent growth

The sky’s the limit for the hotel industry in Latin America, but that doesn’t mean hoteliers in the region can coast, according to panelists speaking during the Hotel Opportunities Latin America conference. Using the “View from the Top” panel as … Continue reading

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Uruguay fish exports increased 20% in 2011

Uruguay fish exports increased 20% in volume and the average ton price 22%, with Brazil, China and Nigeria as the main markets during the twelve months of 2011, according to a release from the country’s Aquatic Resources Department, Dinara. The … Continue reading

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Soybean becomes Uruguay’s leading export item, displacing beef for the first time

Lately historically high prices and a strong international financial speculation have moved actively into the soybeans market. Only back in 2008 were prices so strong and the market so bullish. In Uruguay 30% of the crop has been harvested with … Continue reading

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Rabobank raises soybean forecasts on South America

Soybean prices will average $14.75 a bushel in the second quarter, higher than projected last month, as prospects decline for crops in South America, Rabobank International said in a report. The forecast, up from a March estimate of $14 a … Continue reading

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Uruguay incrementará en 50% el valor de las exportaciones ovinas

Se estima que el sector ovino incrementará a mediano plazo 50% el valor de sus exportaciones, en el marco de un proceso de mejora productiva que se cumple con mucha fuerza y por el cual se espera que este año … Continue reading

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Uruguay expands its port infrastructure for the cruise industry

Uruguay has began works in the extension of a pier in the port of Montevideo to cater the cruise industry which should be ready for the next season 2012/13 when the country will also become a hub for the exchange … Continue reading

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Do biofuels have a sustainable future?

On paper it seems like an ideal solution. Plant crops, turn them into energy and displace some fossil fuels in the process. The reality is not nearly as straightforward. By John Parnell @rtcc.org Energy crops, as they are broadly termed, … Continue reading

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Uruguay y Argentina firmaron el tratado de intercambio de datos y eliminación de la doble tributación

Uruguay finalmente firmó el tratado de intercambio de datos y eliminación de la doble tributación con Argentina. El texto garantiza la no retroactividad y habilita a dar créditos fiscales por impuestos pagos. Ahora la discusión pasa al Parlamento. Fuente: Lucia … Continue reading

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Uruguay, an attractive and safe country for investors

Uruguay, a country with a long term strategy which is based on an open economy to the world”, said Astori who is visiting the International Real Estate conference (SIMA) in Madrid, in which Uruguay this year is a special guest. … Continue reading

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Uruguay and Brazil will jointly develop a 100MW wind farm

Uruguay and Brazil agreed this week to jointly set up a 100MW wind farm in Uruguayan territory with an investment of US$200 million and which should become operational by 2013. The project will be organised as a public-private corporation involving … Continue reading

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Uruguay apuesta a Brasil

El gobierno de José Mujica apostará todas las fichas a Brasil, “un mercado cantado” por la proximidad con Uruguay y con el cual se alcanzó un acuerdo político que es la clave para asegurar el comercio. Allegados al presidente dijeron … Continue reading

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Brasil y Uruguay invertirán US$200M en la construcción parque eólico

Uruguay acordó con Brasil el jueves la construcción conjunta de un parque eólico de 100 megavatios en el país, que demandará una inversión de US$200 millones y quedará operativo en 2013, dijo a Reuters el presidente de la empresa eléctrica … Continue reading

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Asian investment boom seen in Latin America

Selling soybeans, iron and copper ore and other commodities to Asian countries has transformed Latin America over the past decade, stabilizing economies despite worldwide crises and lifting tens of millions of people into the middle class. Now, say officials from … Continue reading

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Australian Farming Experts recomend South America

FARMERS may turn to buying property across the globe should climate change effects bite hard, a Geelong agriculture forum heard yesterday. The agricultural college’s carbon discussion heard the views of some of the country’s peak climate change and agriculture experts. … Continue reading

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New Zealanders invest in South America

By ROD ORAM – Sunday Star Times | Milking greener pastures #adp02 Faced with high land values and falling milk prices at home, a growing number of New Zealand dairy farmers are investing in South America, the United States, eastern … Continue reading

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Kiwis in South America sometimes can fly

Culture Clash and Free-Market Farming One of our contacts here is a New Zealander involved in real estate. He reports to us that there is a phenomenon of Kiwi farmers selling off their farms in New Zealand and relocating to take-up … Continue reading

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Uruguay´s citrus industry on the rise

Citrus production in Uruguay represents approximately 1.1% of the gross agricultural product and generates an income of US$ 60 million. It is one of the main non-traditional export commodities after rice and dairy products. #adp02 The activity has consolidated an … Continue reading

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World scientists state that global investments in sustainable agriculture are needed to tackle food insecurity

Nearly one billion people in the world are undernourished, while millions suffer from chronic disease due to excess food consumption. Global demand is growing for agricultural products and food prices are rising, yet roughly one-third of food produced for human … Continue reading

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Saudi Arabia chooses Uruguay to turn desert into farms

Uruguay is being courted by oil-rich Saudi Arabia as one its strategic food security partners that could meet some of the Persian Gulf kingdom’s demand for food and grain. Saudi Arabia is spending tens of billions of dollars to turn … Continue reading

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China and the Inter-American Development Bank launch $1 bln Latam investment fund

China and the Inter-American Development Bank said on Monday they are starting a $1 billion fund to invest in Latin America, though the Asian giant’s latest push to expand its influence in the region prompted words of caution from Brazil. … Continue reading

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Inversiones extranjeras potencian a América Latina

La incertidumbre sobre la recuperación económica de los países desarrollados y la creciente inserción de las naciones latinoamericanas en el proceso de globalización son factores claves que han permitido que las cifras de Inversión Extranjera Directa (IED) en la región … Continue reading

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Latinoamérica: el nuevo “Dorado Turístico”

“El turismo hacia el 2030”, un informe de previsiones a largo plazo elaborado por la OMT, indica que Latinoamérica recibiría la visita de 58 millones de turistas hacia finales de ese año, frente a 24 millones recibidos el 2010. La … Continue reading

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Uruguay proyecta mejorar oferta de turismo rural

Dado el sostenido aumento de la demanda del turismo rural, Uruguay busca líneas de crédito para mejorar la oferta de los establecimientos dedicado a ese sector, informó hoy Rosana Montequin, directiva del Ministerio (Minturd). Montequín comentó a la Secretaría de … Continue reading

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Destacan entorno favorable para la inversión en Uruguay

El secretario de Estado español de Cooperación Internacional y para Iberoamérica, Jesús Gracia, destacó este viernes el "entorno favorable" para la inversión en Uruguay al finalizar una visita a Uruguay en la que se reunió con el ministro de Relaciones … Continue reading

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More Tourists to Uruguay in January

Tourists to Uruguay increased by 9.7 percent in January compared with the same month in 2011, but the revenues fell by 17 percent in that same period, reported Monday Liliam Kechichián, Vice-Minister of Tourism. Those percentages represented respective totals of … Continue reading

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Report reveals greater investment and asset management opportunities in Latam

Rising wealth in Latin America’s five biggest economies, together with shrinking opportunities in the developed world, are presenting unparalleled opportunities for investment and asset management in the region, according to a State Street report. The report, entitled Latin America’s major … Continue reading

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Inauguran en Montevideo el edificio de oficinas más alto de la ciudad: WTC FreeZone

Montevideo tiene desde este jueves el edificio de oficinas más alto de la ciudad. Es el WTC FreeZone, la zona franca de servicios del complejo World Trade Center de Montevideo. Sólo la Torre de Antel le supera en altura por … Continue reading

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Uruguay – General Report – 06/2011

Uruguay’s government is developing an ambitious infraestructure investment plan focusing in roads, railways and ports. The country is considered to have grown “to its maximum potential” in infrastructure, which leads to making “great efforts” to support the expansion of the … Continue reading

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Uruguay – Reporte General – 06/2011

El gobierno de Uruguay se encuentra desarrollando un ambicioso plan de inversiones en infraestructura vial, ferroviaria y portuaria. Desde el ejecutivo consideran al país “al límite de su potencial” en infraestructura, lo que lleva a realizar “grandes esfuerzos” para poder … Continue reading

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Uruguay – General Report – 05/2011

2011 will be the ninth consecutive year of growth of the South American country’s economy, based mainly on the agricultural export sector. Gross Domestic Product (GDP) of Uruguay would advance a 5.77 percent in 2011, according to the average of … Continue reading

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Uruguay – Reporte General – 05/2011

El 2011 sería el noveno año de crecimiento consecutivo de la economía del país sudamericano, basada principalmente en el sector agroexportador. El Producto Interno Bruto (PIB) de Uruguay avanzaría un 5,77 por ciento en 2011, de acuerdo al promedio de … Continue reading

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Uruguay’s booming tourism industry needs a harbour for the cruise industry

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 … Continue reading

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Uruguay – Tax update for foreigners Living There

Bob Bauman (April 7, 2011) Our associate in Montevideo, attorney Juan Federico Fischer, has just sent me an update on the tax law situation in his country. Last year the government of Uruguay made changes in its basic tax law. At the time … Continue reading

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Uruguay plans to save millions of dollars with wind energy and regasification plant

Uruguay´s changes in  power generation will save the country usd 200 million annually from 2013, when wind farm projects and a regasification plant will come on line, the state-run power company UTE reported.  This figure represents 30 percent of the … Continue reading

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Brazil and Uruguay analyze integration and bilateral trade opportunities

In the presence of Uruguayan President Jose Mujica and Brazilian Foreign Minister Antonio Patriota, business people from both countries are meeting in Sao Paulo on Monday to analyze opportunities for bilateral integration. Under the slogan “Brazil-Uruguay: opportunities for productive integration … Continue reading

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India and Uruguay explore greater economic cooperation and trade

The two countries had agreed on the need to increase the number of products currently covered by the India-Mercosur preferential trade agreement. We are witnessing an increased demand for wind power in our country. However, it cannot be met without … Continue reading

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Uruguay offers the best business climate out of eleven countries from Latin America according to the latest ratings

Of the eleven countries, besides Uruguay five recorded advances in the business climate index in the quarter extending from October to January: Chile, Ecuador, Mexico, Paraguay and Peru. In four of them, Uruguay, Chile, Paraguay and Peru, there has been … Continue reading

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Uruguay – General Report – 03/2011

Uruguay, which has had substantial progress in the management of macroeconomic policy and faces a favorable external context, experienced a strong and dynamic growth in 2010. Uruguayan economy is expected to continue expanding throughout 2011, at least up to a … Continue reading

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Uruguay – Reporte General – 03/2011

Uruguay ha tenido avances importantes en la gestión de su política macroeconómica y ahora se enfrenta a un contexto externo favorable. Se espera que este año intensifique el fuerte y dinámico crecimiento experimentado el año pasado. El FMI pronostica que … Continue reading

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Uruguay and Argentina signed an agreement to build a re-gasification plant to help meet their energy needs

The agreement was reached in Buenos Aires where Uruguayan President Jose Mujica met with his Argentine peer, Cristina Fernandez de Kirchner as part of an agreed agenda with periodical summits to privilege relations between the two neighboring countries. Another issue … Continue reading

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Wind farms programmed to supply 25% of Uruguay electricity grid

Uruguay intends to develop as many wind farms as its electricity grid can support, effectively diversifying its energy supply beyond hydropower and fossil fuels. At present, the country is in the process of installing 500MW of wind power projects Ramon … Continue reading

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Uruguay solid candidate for “investment grade” rating

Uruguay is considered a solid candidate to obtain “investment grade” given its strong economic fundamentals and these same factors make the country’s bonds issued in indexed units, UI, an attractive investment, according to a report from the investment bank JP … Continue reading

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Adecoagro se cotiza en Nueva York

Sábado 05 de febrero de 2011 La empresa productora de alimentos en América del Sur opera desde la semana pasada Adecoagro, una de las empresas líderes en producción de alimentos y energía renovable en América del Sur, comenzó a operar … Continue reading

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Laguna Garzón: principal destino de una nueva ola de inversiones inmobiliarias en Uruguay

Como se sabe, el furor por invertir en suelo uruguayo viene captando la atención de figuras muy representativas del empresariado argentino. Pérez Companc, Grobocopatel y Eurnekian, por ejemplo, son algunas de las personalidades de peso que lideran la avanzada local … Continue reading

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Economía Uruguaya continuará creciendo a comienzos de 2011

La economía local mantuvo su crecimiento en el cuarto trimestre de 2010 y seguiría en la misma senda en el primer cuarto de este año, según el indicador de actividad de Cere. El Índice Líder de Ceres (ILC) creció 2,5% … Continue reading

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Los diez países más felices del mundo indica que Uruguay es el país más feliz de Latinoamérica

El informe publicado por Forbes bajo el título de los diez países más felices del mundo indica que Uruguay es el país más feliz de Latinoamérica, seguido por Chile y Costa Rica La búsqueda de la felicidad es una de … Continue reading

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Venezuela: Uruguay trajo acuerdos en lácteos, pollos, genética y autos

Gobierno y empresarios se trajeron de Venezuela bajo el brazo la promesa de ese país de pagar US$ 20 millones en quesos a un bolívar a 2,60 por dólar, un cupo de 3.000 toneladas extra para exportar pollo y negocios … Continue reading

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Las empresas argentinas Impsa y Fingano y la española Teyma construirán parques eólicos en Uruguay

Las empresas argentinas Impsa y Fingano y la española Teyma fueron seleccionadas para construir tres parques eólicos en Uruguay y vender la energía generada a la empresa estatal de electricidad UTE. Un total de 21 empresas y consorcios se presentaron … Continue reading

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El presidente uruguayo Mujica defendió la política de inversiones y dijo que se está en un momento histórico para mantener los ritmos de inversión

El presidente de la República, José Mujica, aseguró que la inversión privada ha permitido generar empleo y apaciguar el problema que aquejaba a la sociedad en 2005. “No matemos la gallina de los huevos de oro que es la inversión”, … Continue reading

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Uruguay – Reporte General – 02/2011

Los precios récord de las principales commodities producidas y exportadas por Uruguay, la reactivación de la economía mundial, las bajas tasas de interés en el mundo desarrollado que alentaron un fuerte ingreso de capitales y la apreciación del peso uruguayo, … Continue reading

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Uruguay – General Report – 02/2011

Record prices for major commodities produced and exported by Uruguay, the global economic recovery, low interest rates in the developed world that encouraged a strong capital inflows and the appreciation of the Uruguayan peso, acted all as stimulus to the … Continue reading

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Uruguay’s call for tenders to supply wind energy featuring outstanding results

Announcing the preliminary results of a call for tenders to supply wind energy, UTE, Uruguay’s state power company, announced that 21 companies and consortia had presented valid offers last week. Ramón Méndez, UTE’s director for electrical energy, said that the … Continue reading

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Uruguay abre licitaciones para generar energía eólica, desarrollo de biocombustibles y plantas de gas

El Ministerio de Industria abrirá en breve la licitación para generar 150 megavatios de energía eólica y en abril se licitarán otros 150 megavatios, mientras se planifican los pliegos para una central de ciclo combinado. Así lo anunció el ministro … Continue reading

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La produccuón frutal de Uruguay en el mercado internacional

En la Sala de Conferencias de la Dinara, del Ministerio de Ganadería, Agricultura y Pesca, fue difundido el denominado Plan Estratégico y Diseño Institucional para el Sector Citrícola en Uruguay. La presentación estuvo a cargo de los consultores dr. Pablo … Continue reading

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Uruguay – Reporte General – 01/2011

Recientes informes sobre la economía uruguaya y su proyección sobre el tercer semestre en curso, confirman el buen desempeño de la misma y revisan al alza perspectivas anteriores de crecimiento.  La demanda interna es considerada como uno de los factores … Continue reading

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Uruguay – General Report – 01/2011

Recent reports on the Uruguayan economy and its projection on the current third quarter, confirm the good performance and revise upwards previous growth outlooks. Domestic demand is considered one of the key factors of the economy dynamism. Furthermore, the  world … Continue reading

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Uruguay headed for a record year in exports in 2010

Uruguay’s exports jumped 23.3% during the first eleven months of 2010, anticipating a new value record for the year. Exports totalled 6.1 billion US dollars between January-November compared to 4.95 billion in the same period a year earlier and are … Continue reading

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Latin American higher education on the global consciousness

  The region remains conspicuous by its absence from Times Higher Education’s recently released World University Rankings, but there is a growing sense both within Latin America and beyond that its days of being an academic backwater are fast drawing … Continue reading

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Latin America’s business climate steady and in boom phase

According to a report from the Brazilian foundation Getulio Vargas, FGV, Chile, Peru and Uruguay rank as the countries with the best business climate in Latin America. The October report released this month ranks Chile with 7.5 points; Peru, 7.1; … Continue reading

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Uruguay overall tourism champion in Latinamerica, says Latin Tourism Index

The index of 15 countries in Latin America shows the total impact of tourism in a country by measuring receipts as a percent of GDP and arrivals per capita using 2009 data from the World Tourism Organization and the IMF. … Continue reading

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Uruguay – Paysandu

Paysandú is the third largest city in Uruguay, with a population of 97,000. It is the capital of the department of Paysandu. The city is located 378 kilometers (235 mi) by road north-west of Montevideo, on the Uruguay River, which forms the … Continue reading

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Netherlands and Uruguay to sign treaty for exchange of fiscal data

Monday, June 28th 2010 The Netherlands is planning to exchange fiscal data in future with Uruguay, Mauritius and Brunei, reports the Dutch press. A proposal by Finance Minister Jan Kees de Jager to conclude a Tax Information Exchange Agreement with the … Continue reading

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India’s interest in Latin America must go beyond World Cup

Wed Jun 23 2010 By Dave Ramaswamy There is an important reason why enthusiasm for South America should persist beyond the World Cup: The Mercosur countries of Brazil, Argentina, Uruguay and Paraguay are global agriculture superpowers as well. They are … Continue reading

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Uruguay – Rambla of Montevideo

Rambla is the name of the avenue that goes all along the coastline of Montevideo. Since all the southern departments of Uruguay are against either the Rio de la Plata or the Atlantic Ocean, they all have ramblas as well. La Rambla provides a … Continue reading

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Uruguay – La historia del vino en Uruguay

Los primeros cultivos de la vid en América datan del Siglo XVI en las zonas de influencia de los Virreinatos de México y Perú. Desde Perú se fueron expandiendo hacia Chile, Bolivia y con menor éxito a Ecuador. Los conquistadores … Continue reading

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Uruguay – En 2011 Atlántida cumple 100 años..

Atlántida cumple cien años. Les invitamos a conocer algo de su historia. Los números de la barra inferior los conducirán en un viaje que esperamos sea de v/ agrado. LA VENTA DE TERRENOS EN ESE ENTONCES El año de 1912, … Continue reading

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Uruguay, destino turistico

Taleb Rifai y Carlos Vogeler, por si a alguien le quedaba alguna duda, nos dieron la exacta medida por la cual debe transitar el márquetin del producto Uruguay Destino Turístico: “Una isla de tranquilidad de muy alta calidad de vida”. … Continue reading

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Demanda de alimento es el gran motor productivo

El presidente de “Los Grobo”, Gustavo Grobocopatel, resaltó que más allá de la volatilidad en el precio de los granos se mantiene la firmeza en la demanda de alimentos a nivel global. El empresario agrícola argentino, que participó en la … Continue reading

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Punta del Este se podría beneficiar por crisis internacional

La crisis a nivel internacional comienza a tener sus impactos en el mercado inmobiliario de Uruguay. De mantenerse esta inestabilidad, los analistas de este sector estiman que aumentarán considerablemente las inversiones inmobiliarias, principalmente en Punta del Este. Según se afirma, … Continue reading

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