Pagina Siete gives us great news: Until June [2012], Bolivia will become the first country in South America to have an electronic exchange to negotiate the exchange of foreign currency, which will improve the price of the exchange rate for the buyers and bidders. The initiative is developed by Daza Software, a company founded by…
Tag: competitiveness
A tale of two failures: EvoNOMICS and political INvoLUTION
Current government started saying they were going to give academic lectures on economics, they keep pushing with the de-dollarization of our economy, thus generating worst opportunities to our industry and welcoming smuggled goods (used and new) into our markets. This cartoon is from El Diario, March 12, 2012. You can see how Chinese merchandise is threatening the…
How savvy is to de-dollarize the Bolivian economy?
That is an excellent question, and it is also a great article that Humberto Vacaflor just wrote, published in El Deber’s website: ‘Semi-dedollarization’ The Central Bolivia Bank (BCB) announced a reserve requirement for deposits in foreign currency of a 66.5% level, that will now be achieved with monthly increases of 0.8%. The news comes a…
Yes YOU can!! ten successful Bolivian entrepreneurial stories
The Confederation of Bolivian Private Entrepreneurs (CEPB), the Bolivian National Brewery (CBN) have promoted and endorsed the Fundación Pazos Kanki work. Which made those successful stories to be known by everybody; as reported by http://www.hoybolivia.com: “I promise that these ten stories are going to become the nine departments in 90 stories, we’re going to get together…
Bolivian foreign trade balance, IBCE
From IBCE’s website, for more information, please see link down below: The Bolivian Institute of foreign trade (IBCE) and Banco Ganadero, have published the edition No. 113 of the bulletin entitled “Foreign trade of Bolivia”. Bolivian exports exceeded in almost $100 million for the same period of the previous year, while imports grew at $224…
Bolivian government’s ‘offer’: regarding salary increases for 2012
This is ANF’s report, published by El Dia: The national Government yesterday delivered the response to the list of demands of the Bolivian workers Union (COB), which highlights the salary increase of 7 and 15 percent to the national minimum wage. The Deputy Minister of coordination with social movements, César Navarro, was who delivered the…
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