South American Real Estate News
/ Month / March

Strong demand expected for Chilean kiwifruit

With big-volume California and Italian kiwifruit seasons winding down, importers expect strong demand for Chilean product, expected on U.S. retail shelves by early April. By Andy Nelson @produceretailer.com Madera, Calif.-based Western Fresh Marketing Inc. expects to kick off its Chilean program around the end of March, said Chris Kragie, sales manager.…

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 investments demand is growing for agricultural products and food prices are rising, yet roughly one-third of food produced for human consumption…

Chile celebrates blueberries in China

The Official Ceremony in the Chilean Embassy in China and the launch of the first promotions of this fruit in the BHG Supermarket Chain are amongst some of the actions undertaken last week. The Embassy of Chile in Beijing together with the Chilean Fruit Exporters Association (ASOEX) and the Chilean blueberries Committee organized several events to celebrate…

Investors in Brazil feel tied on land issue

When Simon Veldt’s father and his fellow Dutch immigrant farmers set up the Holambra II co-operative near Paranapanema in southeastern Brazil, the area was known as “Hunger Valley”. The co-operative, launched in the 1960s, built irrigation systems, introduced agricultural techniques and invested in equipment, changing the face of a district that…

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. To feed its fast-growing economy’s voracious appetite for raw materials,…

Mubadala Development to invest $2bn in Brazilian group

Abu Dhabi-based Mubadala Development will invest $2 billion in the Brazilian business group EBX founded by Eike Batista as part of a strategic partnership. Under the terms of the agreement Mubadala will make the investment in exchange for a 5.63 per cent preferred equity interest in Centennial Asset Brazilian Equity Fund and other offshore holding…

Brazil aims to reduce business taxes

Brazilian President Dilma Rousseff has pledged to reduce business taxes on local businesses to help them invest and compete in a world awash with cheap money that is hurting Brazil’s economy, Veja magazine reported on Saturday. Speaking after a meeting with industry leaders, Ms Rousseff told the weekly magazine in an interview on Thursday that the way out…

Brazil to be fifth largest economy by 2015

And on it marches, towards prosperity and power, Brazil, the modern-day phenomena. Towards the end of last year, it was revealed that the South American country was on the precipice of overtaking the UK and establishing itself as the world’s sixth largest economy. It happened. It is the case. But, not satisfied with that breakthrough, Brazil is now…

Brazil To Attract Capital Over 8 Years -Itau

Brazil to attract more private-sector investments over the next eight years, compensating in part for lack of domestic savings, but there’s unlikely to be a major appreciation of the Brazilian currency, according to economists at Brazil’s Itau Unibanco Holdings SA (ITUB, ITUB4.BR). As capital flows into Brazil–seeking investment opportunities…

Brazil prospers from global interest

Brazil outpaced Britain as the world’s sixth largest economy last year, partly owing to a rise in foreign direct investment, particularly in services and especially by America and Spain. The growing importance of Brazil can be reflected by how far the country has advanced in attracting foreign direct investment (FDI). According to the latest World Investment…

“Boutique hotels” added to Brazil’s accommodation rating scheme

Travellers looking for hotels in Brazil can now search for properties with a ’boutique’ rating following the addition of the classification to the country’s accommodation rating system. ‘Boutique’ is the seventh category to be added to the scheme, joining other groups such as resorts and apartments. Thirty-five…

Can ‘sugar seats’ bring sweet taste of success to Brazil?

Can ‘sugar seats’ bring sweet taste of success to Brazil? Football fans could find themselves sitting in seats made from sugar when Brazil hosts the FIFA World Cup for the first time in 64 years. Brazil has long led the way when it comes to soccer skills, and the country has also shown considerable innovation in developing new technologies.…

Uruguay to be next investment grade country from Moody’s rating

Uruguay is likely to be the next Latin American country to win an investment grade rating from Moody’s Investors Service, with a review likely late this year, a senior officer from the ratings agency said on Sunday. Moody’s rates Uruguay’s long-term sovereign foreign currency credit at Ba1, one notch below investment…

Argentina’s Olive Oil Production Expected to Double By 2020

Industry analysts have announced that olive oil is now the country’s fastest-growing agricultural commodity and expect production to double in size by 2020, according to the Agri-Food and Agribusiness Strategic Plan of Argentina’s Ministry of Agriculture, Livestock and Fisheries. Rapid growth and improved technology in recent years…

Gauchezco Vineyard & Winery “Double Gold” – 2012 Argentina Wine Awards

The Argentina Wine Awards, the annual wine contest conducted by Wines of Argentina and Coviar, lets the world know about the best Argentine wines. In its 2012 edition, 734 samples were submitted.The 6th edition of the most important international contest for Argentina’s wine industry has ended. There, 12 international judges -all…