South American Real Estate News
/ Month / August

How did the New Zealand Milk Exporter Fonterra lose its way

image of Argentina: Los lácteos
Created in 2001, Fonterra was heralded as a ‘breakthrough idea’ meant to help New Zealand ‘catch the knowledge wave’. 14 years on, there’s been no economic transformation, writes Tony Baldwin. Fonterra is confined to segments of business that deliver a return on assets of no more than 5-8%, making it a ‘bottom-feeder’. “Potentially better than an oil well,” boasted Fonterra’s founding chairman, John Roadley, in 2002. “White gold” is another…

Boating, Golf and Polo: living the dream in Buenos Aires

image of the article Náutica, Golf y Polo
Boating, Golf, and Polo: living the dream in Buenos Aires In the River Plate edge of the great Pampas, Buenos Aires allows polo, golf, yachting, and motor boating enthusiasts to literally live steps from their playgrounds. Numerous modern megalopolis dwellers choose to move into central areas to reduce commute times to their workplaces. Come their free time, they recur to ingenious exercises: urban bicycle lanes, rooftop running trails, indoor gyms, skating rings or simply walking the cat around the block.…

Can Argentines save Argentina ?

Despite continued crisis, scandal, and nationwide pessimism, Iván Petrella still believes the answer is “Yes.” Can Argentines save Argentina ? Just a few years ago, forty-something Argentines academic Ivan Petrella was the envy of many of his countrymen. Living in Miami Florida with degrees from Georgetown and Harvard on his resume, he was a respected philosophy and theology author, getting by comfortably thanks to his associate professorship at the University of Miami. At his leisure, he could visit a…

Hass Avocado exports up 12,000 % over 14 years

According to Sierra Exportadora, the value of Peruvian Hass Avocado exports has increased by 12,000% over the past 14 years, from $2,480,000 dollars in the year 2000 to $305,533,000 dollars in 2014. The Chief Executive of Sierra Exportadora, Alfonso Velasquez Tuesta, said Peru had to take advantage of the agro-ecological characteristics of the inter-Andean valleys in the country, which would allow them to harvest avocados between the months of November and March, thus giving them the ability to cover the lower…

Signs of positive change in Argentina

image of Arquitectura Francesa en Buenos Aires
Signs of positive change in Argentina Here in Argentina we are living in a pre-election situation with both of the two likely Presidential candidates promising a more business approach to running the country than we have had in the past lost decade. With commodity prices now well down, inflation high ( 25% or more ) and foreign exchange controls making business very difficult they will have their challenges. However, despite what the official numbers say about the economy, it is very noticeable here in Buenos…

Pensions Funds See Growth in Farm Investments

Farmland is attracting growing interest from Pensions Funds, hedge funds and even mom-and-pop investors as they seek to diversify assets and capitalise on an agriculture industry slump that has pushed down land prices in some regions. Financial services giant TIAA-CREF said Tuesday it has raised $3 billion for its second global farmland investment partnership, exceeding its initial target of $2.5 billion. The fund, which will invest in North and South America and Australia, has lined up commitments from institutional…

Paraguay assumes Mercosur presidency

In July 17th the Paraguayan president, Horacio Cartes, assumed the rotating role of presidency of the Mercado Común del Sur (Mercosur, the Southern Cone customs union) at the trade bloc’s 48th summit in the Brazilian capital, Brasília. Analysis Mr Cartes received the post from the Brazilian president, Dilma Rousseff, who had occupied the role for the previous six-month period. This development is particularly important for Paraguay, as it marks the first time that the country has held the position…

Retail eCommerce sales near USD $ 50 Billion in Latin America

Retail eCommerce sales in Latin America are growing at a rapid pace, according to eMarketer estimates. Based on the latest figures for total and digital retail around the world, eCommerce sales in the region will reach nearly USD$50 billion this year, an increase of 23.9%. Nearly USD $20 billion in sales will come from Brazil alone, where eCommerce also makes up a greater share of the total retail market than elsewhere in the region (a still tiny 2.8%). Mexico is in a distant second, with USD $5.70 billion…

Analysis: Foreign Direct Investment in Chile – On the OECD path

In response to the changes underway in Chile, and the subsequent need for improved tools and skills for attracting foreign capital, on 16 June President Michelle Bachelet enacted the new Framework Act for Foreign Direct Investment, thereby replacing the previous legal instrument, Decree Law 600, dating from 1974. Chile is an attractive country for investors, as shown by the growth in Foreign Direct Investment (FDI) over the last ten years. During this period, FDI has risen from US$7.2 billion in 2004 to more…

5 reasons why Latin America could be the next big thing in IT outsourcing

Fiscal policies and market barriers have long deterred outsourcing buyers and providers from investing in Latin America. But creative sourcing solutions and a shift in corporate culture are helping to change that. The economic opportunities in the region are on the rise. A friend recently told me an old joke about Latin America in the context of outsourcing: “Latin America is the next frontier in outsourcing and it always will be. I have long promoted Latin America as an immense outsourcing opportunity, on…