South American Real Estate News
/ Month / June

Argentina Wins Upgrade to Emerging Status after nine long years

Argentina won promotion to emerging-market status for the first time in almost a decade, rewarding President Mauricio Macri for his efforts to scrap capital controls and normalize the economy after taking over in 2015 following years of mismanagement. The decision by MSCI Inc., which dropped Argentina to frontier status in 2009, may set…

How to Register a New Company in Peru:

Do you want to form a company in Peru but don’t know where to start?  It can be frustrating being unaware of the company incorporation process in another country. In this article, we remove a headache and provide you with all the information you need to successfully register a company in the growing economy of Peru. Let’s get right…

Argentina sets its aspirations to become once again a global meat heavyweight

Argentina’s minister of agriculture Luis Miguel Etchevehere has set aspirations to be among the largest global meat suppliers in the near future. “Speaking at the Expo Nacion Ganadera Norte and Grand National Exhibition of Brangus in Chaco, Etchevehere revealed his goal was to produce and sell more meat domestically and in the…

Harvard’s Endowment writes down huge losses in Brazilian Farmland

As of Q3 2017, Harvard’s endowment was valued at USD 37.1 billion. This ranked Harvard first out of 1,158 ranked university endowments in the United States. In its fiscal year which ended June 30, 2017, Harvard wrote down its natural resources portfolio 28 percent from USD 4 billion to USD 2.9 billion. This USD 1.1 billion write-down – or financial loss – occurred partly from Harvard’s…

Peru expects to export 15% more Hass avocados in 2018

Peru expects to export 10 to 15% more Hass avocados in the 2018 campaign than the 230 thousand tons it dispatched in the 2017 campaign. The president of the Hass Avocado Producers Association of Peru (ProHass), Daniel Bustamante Canny, said the volume dispatched would increase because of the new areas that would enter into production and the…

Falling prices at the beginning of the Chilean nut season

Exponut, is the biggest event of the Chilean walnut industry. It brings together more than 400 producers, exporters, suppliers, investors, and entrepreneurs from the nut sector each year and includes technical and commercial seminars, as well as the largest specialized exhibition in products, services, and machinery for that sector. Exponut…

Chile registers record foreign direct investment in first quarter

InvestChile, the Foreign Investment Promotion Agency, reports the South American country registered direct foreign investment flows of US$ 6,875 million in the first quarter of this year, according to figures published by the Chile Central Bank. The amount, which represents an increase of 167% compared to the same stretch of 2017,…

100,000m2 Cultural Centre in Buenos Aires is one of the largest in the world

The Centro Cultural Kirchner (CCK) is the largest cultural centre in Latin America and the third largest in the world. It occupies the entire building of the former central post and telegraph office  – one of the city’s most important historic buildings and an outstanding example of French second empire architecture.…

Chinese investment in Latin America

As São Paulo hosts the World Economic Forum on Latin America 2018, it is time to consider China’s important influence on economics and business in the region since the Forum’s last meeting in Brazil, in 2011. With foreign trade worth $4 trillion, China is the world’s most important trading country. Besides the US, it is also the most important trading partner for 100 countries, including…