News of businesses

‘PyMEdemia’ – 20,000 SMEs closed, 100,000 jobs lost in 2020, says report

31-07-2021 00:07 New Ecolatina report says the number of small and medium sized companies in Argentina has dropped to 2008 levels in the midst of the coronavirus pandemic.

MEDICAL MARIJUANA

Medicinal cannabis: Argentine investors eye piece of new green gold

06-03-2021 09:07 National private-sector group plunges into the medicinal cannabis industry by taking control of Canadian-based company Blueberries. Among the investors in this multi-million venture, former PRO deputy Facundo Garretón and Claudio Belocopitt, the owner of Swiss Medical Group and Grupo América.

by Santiago Carrillo

STRUCTURAL FLAWS

Poverty: we must go further to alleviate the effects of the pandemic

12-12-2020 09:00 The full inclusion of the most impoverished sectors of society demands a new generation of political and market activities for a fairer distribution of the capacity for social development.

by Agustín Salvia

Bloomberg

Fintech firm Ualá takes mobile payments to small businesses

06-12-2020 16:59 Ualá, the mobile payments company backed by heavyweight investors, is expanding into merchant services in Argentina, launching a number of services for small businesses.

LA GRIETA

‘The Peronists aren’t fighting, they’re copulating’

18-07-2020 10:22 Is it possible to build a unity government with this level of internal aggression, and with Cristina as the major power broker within your leading coalition?

by Agustino Fontevecchia

Global pandemic

Restart or re-stop? Across world, economies reopen but chaos abounds

11-05-2020 08:47 Worldwide, four million people have been reported infected and more than 280,000 have died, over 150,000 of them in Europe. Health experts believe all those numbers understate the true toll of the pandemic for different reasons.

Post-quarantine plan

‘Segmented’ reopening of shops, factories on cards to avoid bankruptcies

08-04-2020 11:20 Business leaders and trade unionists witnessing a government shift from isolation to “social distancing,” in order to allow for a resumption of activities amid fears of bankruptcy.

by Patricia Valli

CHAMBER OF COMMERCE

Firms will go bankrupt within 30 days of no work, warns business lobby

28-03-2020 08:56 Argentina’s Chamber of Commerce praises government’s handling of coronavirus crisis but warns that paralysis of economic activity will hit companies hard.

Price increases

Fernández asks private sector to help ‘contain’ inflation in Argentina

05-03-2020 16:01 President urges employers to “contain” price increases, in a effort to stabilise Argentina's runaway inflation rate, which reached 53.8% in 2019.