Saturday, February 16, 2013

Mexican IT company Softtek acquires Indian software firm

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This is the first time that a Latin American IT company has acquired an Indian software firm to make entry into India. So far it was the ot...
Tuesday, February 12, 2013

Boom in mining investment in Peru

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There are 52 ongoing mining projects in Peru with 53 billion dollars of investment in the coming ten years. In 2012, the government gave ...
Sunday, February 10, 2013

Brazilian investment in new hydroelectric power

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Brazil is investing in 34 new dams to be completed by 2021 to increase the generation of hydroelectricity by fifty percent. The two bigges...
Saturday, February 09, 2013

Devaluation of Venezuelan currency

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The Venezuelan government devalued the currency by 32% to 6.3 Bolivars for a dollar from 13 February. This was not unexpected. It was predi...
Friday, January 25, 2013

Brazil development bank plans to invest almost a trillion dollars in next three years

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Brazil’s Social and Economic Development Bank (BNDES) has plans to invest 1.858 trillion Reais (approx 906bn dollars) between 2013 and ...

Praj gets a 20 million dollar contract to build ethanol plant in Colombia

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This is the seventh project of Praj Industries, Pune in Colombia. Riopaila Castilal is the client this time. The project is to build ...
Sunday, January 06, 2013

Zamin plans to produce 27 million tons of iron ore in Brasil

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Zamin proposes to buy  the Amapá mine ( current production 4.8 m tons) , 70% owned by Anglo American and 30% by Cliffs Natural Resource...
Wednesday, December 12, 2012

Latin American economies have continued to show growth and resilience despite the global economic downturn in 2012

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Despite the continuing crisis in Europe, the sluggish recovery of US and the Chinese slowdown, Latin America has  shown growth of 3.1%...
Saturday, December 01, 2012

Made in Mexico ( Hecho en Mexico)

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Hecho en Mexico ( Made in Mexico ) is the title of a musical documentary film released on 30 November. It takes the viewers through an ...
Wednesday, November 28, 2012

Business with Nicaragua

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A Nicaraguan delegation lead by Commandante Bayarde Arce, Advisor to the President on economic and financial affairs was in CII for interac...
Thursday, October 25, 2012

FDI in Latin America and Latin American investment abroad increase in 2012, despite the global crisis

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Inflows of foreign direct investment (FDI) into Latin America rose by 8% in the first six months of 2012  reaching 94 billion d...
Sunday, October 21, 2012

Latin American investment in China

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During the sixth China- Latin America Business summit in Hangzhou in October 17-18, the Inter American Development Bank (BID) brought out a...