World Bank places Paraguay with the highest growth in the region

In its latest Growth Outlook report for Latin America and the Caribbean (LAC), available since October 4, the World Bank (WB) maintained its estimate from the previous quarter for Paraguay, with a forecast that it will grow by 4. 8% by the end of 2023. The report has a cut-off date of September 22, and the score maintained compared to the previous information stands out, when the organization cut the growth projection for Paraguay from 5.2% to 4.8% for this year. While the expansion for 2024 showed a forecast…

Thanks to new technology, they now harvest wheat in an unthinkable location, in Alto Chaco, in Paraguay

Just a few ays ago, the wheat harvest was completed on a test plot in the upper Paraguayan Chaco, in the Infante Rivarola area. It is a fact that was unthinkable only a few years ago, but that today is a prodigious reality achieved thanks to work, science and technology, as highlighted by the president of the Union of Production Guilds (UGP), Eng. Agr. Hector Cristaldo. The Paraguayan Chaco registers the full stage of agricultural expansion and in this process, the incorporation of winter crops with adaptation…

CEO of GTSA gives six negotiating tips for foreign buyers

Geoffrey McRae, GTSA Real Estate Consultants CEO, outlines some basic negotiation skills that can help when approaching the sales process in a foreign country. Many foreign buyers are uncomfortable or inexperienced with the negotiation process in a country where they know little about the local customs.  While the vendor has their broker to negotiate for them, buyers are at their own mercy. ( the vendor’s broker will often also act as a buyer’s agent, which is the norm in most markets we cover,…

Cattle ranching in Paraguay: an investor’s perspective

Our aim here is to give potential investors an inside perspective on cattle ranching in Paraguay. In the next 50 years, a growing world population, rising affluence and urbanization will drive a significant demand and growth for livestock products. South America has long been a specialized beef sector, with 31% of global production, but there are still large undeveloped areas with cattle-raising potential. Most notably, the Chaco region in Paraguay offers opportunities for added value investment through transforming…

Chile is leading the way in Artificial Intelligence

The South American country stands out for its digital and data processing infrastructure, as well as the availability of technological devices, according to the Latin American Artificial Intelligence Index (ILIA).  Chile has demonstrated its leading position in artificial intelligence (AI) in the region, according to the first edition of the Latin American Artificial Intelligence Index (ILIA).  The index, produced by Chile’s National Center for Artificial Intelligence (CENIA) with the support…

The latest Rabobank Global Dairy report warns of more financial pain expected for dairy farmers, but that demand-led resurgence is now increasingly possible

With a complete rebalance of the Chinese dairy market not expected in the near term, dairy farmers around the globe will need to manage through more financial pain in the months ahead, according to Rabobank’s latest Global Dairy Quarterly report. But the storm won’t last forever, the report says, and with lower global prices stemming supply growth in key dairy production regions, there is an increasing possibility a demand resurgence could emerge well before milk output can recover, creating a whiplash…

MercadoPago is the most extensive online payment network in Latin America

Thanks to the digital revolution, many people now participate in e-commerce via their mobile phones. Online payments are becoming increasingly important. MercadoPago, the largest Latin American online payment network, was launched in 2012. MercadoLibre, an e-commerce marketplace and online bidding site, found it. It allows users to send and receive online payments safely, efficiently and quickly. Apps allow companies to charge customers in different ways: via email, social networks or websites, mobile applications,…

Agriculture in Paraguay is building on its core strengths

Paraguay excels in the production of food products. The government plans to reduce the impact of volatile prices on the agricultural sector through improved transport links, technology and increased processing capacities. Developing infrastructure projects nationwide will help diversify Paraguay’s economy and strengthen its core strength, agricultural production. While the country has a consensus regarding the need to diversify income streams, this consensus also extends to the belief that Paraguay needs…

Why South America should be considered a Preferred Investment Destination

GTSA principal Geoffrey McRae has lived and owned real estate in South America since 2003, so he has his own views of its opportunities and risks. He founded the real estate group under the Gateway to South America brand covering Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, so he has seen the benefits and challenges of operating in each country and market. In his opinion, business success in the region relies on the ability to understand the countries’ histories, their business customs and learn…

Investors are starting to notice that Latin America has the commodities to become this century’s super producer

White crystals cover the ground near the Atacama salt flats in Chile. Below the surface are vast lithium salts deposits, the ore used to produce the light, soft metal needed for high-capacity battery production. Pumps operated by sqm, the world’s largest lithium salt producer, vibrate as they draw up mineral-rich brine. The liquid in evaporation pools is a patchwork of blue and emerald on the bright crust. This operation begins a chain that ends with the lithium batteries used to power electric vehicles.…

To manage abundance, is to farm in the Chaco Paraguay

“The Chaco is what we have defined as a very attractive area to invest, for simplicity, for the potential and for a set of variables that make it incomparable,” said Rodrigo Artagaveytia, director of Everdem; Who almost two decades ago decided to try their luck in the Chaco. In a very entertaining and fascinating talk, this Uruguayan agricultural producer, with an entrepreneurial spirit and business vision, shared his experience in Paraguay with ForoRural. This country does not stop surprising those…

High-Value Property Marketing “The case for pre sale offers”

There are many different methods available for the marketing and sale of specialised high-value properties in addition to the traditional real estate listing arrangements of auction and tender type formats. There are advantages, disadvantages and tradeoffs associated with every marketing approach, and the best strategy for marketing and selling a specific property will vary based upon the ownership objectives and the particular property. One approach, which can be optimal in certain instances, is private, pre-marketing…

Discover the charm of Paraguay for investors, a land full of promise

What country! Paraguay closed one more edition of the largest national agricultural exhibition and the first of the regional circuit. An exhibition with historical inscriptions, with tracks that compete in the big leagues, with children of World Champions, with record sales and purchases from abroad, and with the necessary maturity to discuss structural issues of the cattle business that aim to continue positioning Paraguay as a food producer for all continents, and years ago called the new agricultural frontier.…

Is the the USD doomed as a world reserve currency?

The United States has benefited enormously from being the World’s Reserve Currency because much of the world still uses the dollar for international trade.  This is because foreign governments must hold USD in their foreign exchange reserves to settle international claims and intervene in foreign exchange markets. In addition, many emerging market countries like Argentina, Chile, Uruguay, Paraguay and Peru use USD dollars for capital goods. ie housing, commercial property, imported cars, commodities…

The Montevideo Water Crisis is a wake-up call to the rest of the world

Drought, Holden Wood Reservoir, Haslingden Grane
The drought in Uruguay results from a combination of factors, including low levels of precipitation, rising temperatures, and the La Niña phenomenon. The new abnormal is that Uruguay will have to deal with more droughts in the future as climate heating continues. The situation is particularly challenging in Montevideo, Uruguay’s capital, where the city relies on a dam, the only drinking water source for the area. With more and more of this saltwater coming in, tap water has reached a point where it has…
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