Record Foreign Investment Flowing To Latin America

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, technology, tourism

A new report from the Economic Commission for Latin America and the Caribbean (ECLAC) proves some corners of the globe are just more attractive than others…and fortunately it’s our own backyard. Florencia Carbone of La Nacion writes a sweeping analysis of the ECLAC Annual Report which reveals Latin America is the #1 region for Direct Foreign Investment (DFI) on the …

Like New: Argentina Used Car Sales Soaring

Patrick Archer competitiveness, lifestyle

Sales of used cars in Argentina have been on fire this year, as locals continue to look for low-mileage, four-wheel hedges against inflation. According to the Automotive Sales Chamber, 138,707 used cars were purchased in March in Argentina, up 5.4% over the 131,633 sold in March of 2010. With the addition of March sales figures, Argentine dealers sold 422,951 used …

Argentina’s Emerging 1-2 Wine Punch: Malbec Surging, Torrontes Rising

Patrick Archer agribusiness, competitiveness, lifestyle, real estate, wine & vineyards

Argentina’s December wine export numbers are now available, so we finally have a figure for full-year 2010 exports of Argentine wine and grape juice: US$864.5 million, a healthy 12% increase over full-year 2009. Export volume rose 6.7% in December compared to 2009, while the total value of Argentine exports reached US$77.8 million, a 21% increase over December 2009. The 2010 …

Buenos Aires Launches Free WiFi Service in City Parks

Patrick Archer ba government, buenos aires events, competitiveness, technology

The City of Buenos Aires took a major step yesterday toward maintaining its title as the Latin American metro with the most free WiFi hotspots. At last count, the ratio was 1 hotspot per every 2,620 residents, a 72% improvement over the previous year. That ratio is sure to drop as BA’s Ministry of Environment & Public Spaces rolls out …

At Summertime, Argentine Banks Follow Their Clients to the Beach

Patrick Archer competitiveness, tourism

It may be time for summer vacations, but don’t expect Argentine banks to give their discount and loyalty programs a rest. On the contrary, the big banks are all putting on sunblock and setting up shop on the beaches of Mar del Plata, Pinamar, Carilo and even Punta del Este, says Lujan Scarpinelli in La Nacion. “As a natural continuation, …