Klabin KLBN4, a leading paper and packaging company based in Brazil, has reported a substantial increase in its net profit in the year 2022. The company's net profit stood at a staggering R$469 billion, marking a rise of 553% compared to the previous year. We delve...
Latin America
Harris Administration Allocates $1 Billion for Central America
Recently, Vice President Kamala Harris of the United States announced an allocation of $1 billion for investment in Central America. The investment will be used to address the root causes of migration from the region to the US, and support its development. Investment...
Brazil – David Velez, Owner of Nubank, Relocates to Uruguay: Find Out the Reason
David Velez, the owner of one of the largest fintech companies in Brazil, Nubank, has recently announced that he will be relocating to Uruguay. This news has sparked curiosity among the public, with many wondering what led Velez to make this decision. David Velez and...
The Muffato Group has made a strategic move by purchasing 16 stores and 11 fuel stations from the Makro Group.
This acquisition is a step forward in the Muffato Group's plan to expand their reach in the Southeast region of Brazil. The Brazilian Muffato Group, a well-known retail company, has recently announced the acquisition of 16 stores and 11 fuel stations from the Makro...
Entering the Latin American region with your Damalion experts
Latin America is a vibrant region with unmeasurable resources that offer vast opportunities for local and international entrepreneurs and investors. Latin America is a huge region made up of numerous different countries, and as a whole, the region is certainly...
Start your company in Costa Rica
Costa Rica is one of the smallest States in Latin America and is also one of the most favorable, mainly because of its life quality and annual GDP. And in respect of this, registering a company in Costa Rica is a good option if you are interested in entering the...
Understanding Paraguay Free trade zones
Governments all around the world are increasingly turning to free trade zones (FTZs) as a means of improving economic growth and investment, and Paraguay is not behind. Paraguayan Law 523/95 entered into force in 2002 and authorizes the establishment of free trade...
Purchase a ready-made company in Mexico to enter Latin America
Being the second-largest economy in Latin America and the 15th in the world, Mexico has become a desirable destination for entrepreneurs and investors interested in expanding into Latin America. The existing macroeconomic conditions and its strategic location have...
Register your company in the Dominican Republic
Surrounded by the sea, the Dominican Republic is one of the countries with the greatest tourist influx, and it is known worldwide as a perfect destination for traveling and tourism. However, the country has so much more to offer. The Dominican Republic is an ideal...
Black friday and world cup in Qatar boost market expectations
One of the most popular awaited dates of the year is almost here: Black Friday, a date when buyers and sellers come together with a single purpose: to take advantage of special offers. This year Black Friday which will be on the day, November 25, happens one day...