Today, El Dia reports how the sugar cane industry is facing a “problem” due to governmental inefficiencies: The sugar cane sector fears that the existing ban on sugar exports will prevent to generate liquidity and it will paralyze at least $ 70 million dollars; that is the 2.6 million quintals, after supplying the national market, during the 2011 harvest. Explained the…
Tag: competitiveness
Alpaca Fashion 2011, integrates SMEs to demanding markets
La Razon reported yesterday about Alpaca Fashion 2011: Alpaca Fashion Event 2011, organized by the Chamber of Exporters of La Paz (Camex), with support from the United States Agency for International Development (USAID) through its project PC-Bolivia and the U.S. Embassy in Bolivia, promoted the first “inverse” trade mission for American buyers for the sector of…
Congrats to Textilon
It is hard to see Bolivian companies succeeding, let alone “surviving” under harsh circumstances that global market economy and/or internal Bolivian conditions impose to our brave entrepreneurs. Today I have to congratulate Textilon, a Bolivian industry with more than 40 years of work. La Prensa reports: Fashion. Hand in hand with innovation and upgrading, Textilon presented at the…
Businessmen fear effects of the falling dollar exchange rate
Businessmen fear effects of the falling dollar Bolivian private entrepreneurs have warned that the continuing fall in the value of the dollar against the Bolivian could cause the foreclosure of some of their businesses due to financial losses as a result of this anti-competitive monetary governmental policy; or if necessary, the dismissal of some workers. On November 1,…
We spend more, don’t we need to invest?
Pagina Siete has a excellent article today: The budget for recurrent expenditures (salaries and wages, goods and services, interest and other debt) tripled between 2006 and 2011; during that time it went from 22,158 million to 69,453 million Bolivianos (exchange rate is “appreciating” the Bolivian currency, thus benefitting imports which are mostly sumptuary goods, subsidies and damaging our fragile export industries; one…
Governmental inflation estimate, falls short for 2011
El Deber’s website reported last night about current Bolivian government falling short on their inflation estimates. By the end of the year, the government was expecting a 6% annual inflation rate. Which was adjusted earlier this year, with an incredible 50% increase, yes that is right, 50% increase following the aftermath of the “gasolinazo” (government generated chaos by trying to…
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