Investing
Venezuela strays from its policy of nationalization
Venezuela has been particularly hard hit by the global recession over the last few years. Last year alone, the country experienced 27% inflation and a 2.9 percent decline in economic output. Times are tough enough, in fact, that famed “anti-capitalist and Marxist” Hugo Chávez has declared that, “Investment and experience from foreign oil firms is [...]
With $2.6bn at stake in Mexico, India Inc swings into action
The Times of India
Indian Inc has begun taking measures to counter any possible impact on employees and operations from the outbreak that is rapidly spreading across nations. Some 15 Indian companies–from IT to pharmaceuticals to auto components–have delivery centres or manufacturing facilities in Mexico. The prominent names being Infosys, Wipro, Birla Carbon Black, Dr Reddy’s [...]
Why Go to Mexico?
Mexico as a nearshoring destination for manufacturing and IT companies.BusinessWeek
COSTS
The peso has dropped 41% vs. the dollar since August, making Mexican wages and rents more attractive compared with those in China, the U.S., or Canada.LOGISTICS
Mexican goods can reach U.S. cities in two days, vs. a month from China—a big factor as importers slash inventory costs [...]
India, Chile should bolster economic ties: CII
In my experience in the U.S. and India, I find Chilean embassy staff to be amazingly business-friendly with a facilitative, and not a bureaucratic, mindset. That bodes well to attain the goals outlined in this study.
3 years ago in Delhi, then Chilean Ambassador to India, Amb. Jorge Heine invited me to meet him, and [...]
Jim Rogers Busy Turning Raw Land Into Farmland in Brazil
Recession or no recession there are no holidays or time-offs for eating…As Indians get richer, more of them will eat higher quality food – and about few hundred million will step up from 1/2 to 3 meals a day. Brazil is one of the few places where massive areas of land can be brought under [...]
Singapore to deepen ties with Brazil
Asia One
Singapore wants to build new links with Latin America and deepen its ties with economic powerhouse Brazil.
‘We see Latin America as a new economic frontier offering good business and investment opportunities,’ Prime Minister Lee Hsien Loong yesterday told businessmen belonging to the Federation of Industries in the state of Sao Paulo.
Singapore’s Foreign Minister George [...]
Peru To Lure Investments Worth US$6 Bln From Asia-Pacific Economies
Bernama.com ver 5.0
Peru expects to lure investments worth US$6 billion from Asia-Pacific economies despite tough global economic conditions after it hosts the region’s biggest gathering of leaders, ministers and top-ranking businessmen this week at its capital in Lima.
It is also seeking to attract investments from Malaysia especially in value-added downstream oil palm activities, Peruvian Ambassador [...]
The Balance Sheet – The lesson of Japan
The New Yorker
The lesson of Japan is that a country’s stock market is not going to rise over time if, over time, its companies fail to create economic value for their shareholders. Felix says that “Japanese companies are well-run.” But, in fact, they’re not well run, at least by the standards that are relevant to [...]
IBSA: Connectivity will ensure the way forward
The Financial Express
Intra-nation connectivity is a major impediment to furthering trade between India, South Africa and Brazil, and “I hope the governments of these three countries would take active measures to correct this,” said union commerce minister Kamal Nath, while addressing the summit.
Nath expressed the hope that the business leaders from these three countries would [...]
An update on Latin America
HSBC analysis via Malta Business Weekly
While Latin America as a region seems to have improved, it is clear that there are countries that have taken advantage of the favourable external environment to improve structurally, while others have not only failed to improve, but have actually made their own situation worse. We talk about a [...]
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