Paraguay’s soy boom: a blessing or a curse?
Paraguay’s is not often highlighted for its economic achievements. Yet after 20 years of stagnation at the end of the 20th century, the landlocked country has enjoyed almost a decade of economic growth, still one of the fastest in Latin America. Driving this impressive expansion is a thriving agricultural sector, and its principal product: soybean. Taking advantage of recent rises international prices, spurred by demand from China and the purchase from EU countries to produce biodiesel, Paraguay is now…
Paraguay: A Friendly Investment Environment
Paraguay’s small land mass borders Argentina, Bolivia, and Brazil. It covers 406,752 square kilometers and houses a population of approximately 7 million people. Despite being one of two landlocked Latin American countries (together with Bolivia), it nevertheless powers a significant economic and logistical hub. It’s a great strategic base for foreign businesses expanding into the region. In the last few decades, Paraguay has started to fight against extreme poverty and adopted many business-friendly policies…
A New “Shopping Paris” Mall in the Ciudad del Este, Paraguay exceeds expectations
Shopping China: Winner in Cannes Best Shopping Frontier of the World 2016 This four-storied mall called “Shopping Paris” is a new sensation in Ciudad del Este for locals and foreigners alike. It is located only 300 m from the customhouse, and you can easily park your car there for free in this all glazed beautiful building (80,000 m2 of shopping). The shopping is tax-free for non-Paraguayans making it a magnet for nearby Brazilians and Argentines shoppers. On top of that, the prices are…
