Newsan Group, the leading manufacturer of electronic products in Tierra del Fuego, will invest 200 million pesos ($2.1 mn) in an aquaculture project to develop the production of mussels in the Beagle Channel. The initiative is part of a diversification of activities of the national capital company, which had already ventured into the fishing and food sectors through its Newsan Food division. The company currently exports to more than 70 countries and has an annual turnover of $180
The Central Bank (BCRA) approved yesterday an agreement with the Central Bank of Paraguay (BCP) to implement the Local Currency Payments System, which will allow payments between individuals or legal entities residing in both countries in both pesos and guaraníes.
Etermax and Universidad de San Andrés encourage the education of young people in the technology industry and bet on their professional development. By creating a game programmed with artificial intelligence, they invite students to experiment and learn how technology works, transforming the way of doing things and boosting people's creativity, leaving systematic work to machines and facilitating decision making.
PwC presented its new global strategy that involves a total investment of $12 billion for the next five years and the creation of 100,000 new jobs. In the specific case of Argentina, the estimated investment is $45 million between now and 2024, with 1,000 open positions in various areas.
Inflation in May was 3.3%, as published by INDEC. The figure is lower than what the market expected and slowed down concerning the 4% floor recorded in the last months. However, the Consumer Price Index accumulates an increase of 21.5% in the first five months of the year, the highest inflationary start for an electoral period, despite tariffs and the dollar as "anchors".
The Mexican-owned food company Bimbo confirmed the definitive closure of the frozen food factory that operated in San Fernando, Buenos Aires, which suffered a fire on May 9 that took it out of operation. Three hundred workers will be dismissed and will receive 100% severance pay.
The world's largest lithium company will invest more than $580 million in an extraction project in the province of Salta. The project will be powered by solar energy. The company Litio Minera Argentina SA, a subsidiary of Ganfeng Lithium, will generate more than four thousand jobs with the plan, 1,300 direct jobs and three thousand indirect jobs.
Shell Argentina tripled its production capacity in Vaca Muerta to reach 42,000 barrels of oil per day. In addition, this week, a new oil and gas processing plant was put into operation in the Neuquén basin, adding 30,000 barrels of oil per day (BPD) to the current 12,000 BPD.
Globant and Mercado Libre, in partnership with Digital House, presented in December Certified Tech Developer a training scholarship program designed to achieve the rapid employment of thousands of young people in Latin America. Due to the great demand, they have advanced scholarships and plan to deliver 2,5000 in 2021. To apply, please contact: https://www.digitalhouse.com/ar/acciones/certified-tech-developer
The June report of the Fundación Agropecuaria para el Desarrollo de Argentina (FADA) showed that in the last quarter, 61.8% of the income produced by the farm retained by the State through the collection of taxes. The main component of these taxes is export duties, which added the tax on bank credits and debits.