News of September 2011

07.09.11

Exports increased a 29 % in August

Exports increased a 29 % in August

In August export requests totaled US$ 783 million dollars, representing an increase of 29 % over the same month of last year. So far this year, foreign sales totaled US$ 5.395 million.

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07.09.11

Best business climate for business in Latin America

Best business climate for business in Latin America

Uruguay is the country with the best climate for business in Latin America, after increasing its score from 7.0 to 7.5 in July, according to a study by Brazil's Getulio Vargas Foundation.

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06.09.11

Standard & Poor's raised Uruguayan rating

Standard & Poor's raised Uruguayan rating

The risk rating company Standard & Poor´s raised Uruguayan rating to BB plus from BB, leaving the country one step away from investment grade. S & P was the only one of the big three (with Moddy´s and Fitch) which kept Uruguay under that note.

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05.09.11

Real Estate in Punta Del Este move US$ 7 million per day

Real Estate in Punta Del Este move US$ 7 million per day

The real state business in Maldonado province moves US$ 2.550 million between April 2010 and April 2011, which is the same to US$ 7 million per day in real state transactions. The business is mainly focus in Punta del Este and the small farms area.

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