The new line of loans for 2,000 million pesos ($21.94 mn) for five years, launched in coordination with Banco Nación, will also have a six-month grace period and a 50% bonus. It will promote territorial development, creating employment, and technology companies, with a gender and environmental perspective. The initiative is part of the National Program for the Development of Industrial Parks to improve these sites through the purchase of lots, capital goods, or the development of refurbishment works to incorporate new equipment and investments in 4.0 technology, artificial intelligence and robotics.
Day: March 17, 2021
Apartment rents in the City of Buenos Aires increased up to 60% in one year
Rents in the city of Buenos Aires increased by an average of 60% during the last year: in the previous 12 months, the cost of renting a studio apartment in Capital Federal increased by 60%, in 2 room apartments the increase was 55.6% and 60% in 3 room apartments.
The province of Buenos Aires generated 35.4% of exports in 2020
The Province of Buenos Aires generated most of Argentina's exports in 2020. The province sold abroad $19.43 billion, which implied a contraction of 15.5% compared to 2019 and accounted for 35.4% of total shipments.
IMPSA authorized the issuance of shares for $20 million
The infrastructure and technology company Impsa sought to consolidate its presence in Argentina and announced that it would issue shares for a total of $20 million, which will offer to the national government and the province of Mendoza. They also seek to compete again in the markets that led for decades, exporting 85% of its products to Asia, Europe, Africa and the Americas.
Bioceres shares on Wall Street up 75% in one day
The shares of the Argentine agrotech Bioceres jumped by almost 75% on Wall Street on Tuesday, a situation that triggered the momentary suspension of its share price, after its 6% acquisition of Moolec Science, a molecular agriculture company, was reported, allowing it to enter the fast-growing alternative food market.
