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Showing 24 of 370 articles

Economy - Jun 24, 2026

BCP advances QR Hub in Paraguay and modernizes digital payments through SIP

The Central Bank of Paraguay (BCP) is moving forward with the QR Hub project, integrated into the Sistema de Pagos del Paraguay (SIP), which is already in the final phase of testing in a controlled production environment, aiming to create a unified and interoperable system for commercial payments through QR codes, while also enabling fintechs as Payment Initiation Service Providers (PISPs) and developing the platform for digital Savings Deposit Certificates (CDAd).

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Economy - Jun 24, 2026

House of Representatives postpones for 15 days analysis of bill on interest payments to construction companies for halted projects

The House of Representatives postponed for 15 days the analysis of a bill that provides for the payment of default interest to construction companies for halted public works, after lawmakers raised concerns about legal issues and the high fiscal cost.

Economy - Jun 23, 2026

Senator Filizzola says Paraguayans pay international prices for beef

Senator Rafael Filizzola stated that Paraguayan consumers are paying international prices for beef due to the sector's strong export orientation — around 90% of production is destined for the foreign market — and the high market concentration, in which five slaughterhouses account for approximately 85% of the country's beef processing. He voiced support for a bill that proposes capping the profit margin at 10% on three popular beef cuts.

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Economy - Jun 23, 2026

IPS holds G. 174 billion in contracts with Infocenter for SAP system

The Social Security Institute (IPS) allocated G. 174,057,730,805 in contracts to Infocenter SA, which won three of the four bidding processes held since 2017 for the implementation of an integrated management system based on SAP technology, accounting for approximately 94.4% of the total G. 184,452,730,805 earmarked by the institution for the platform.

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Economy - Jun 23, 2026

UIA proposes 700 MW cap for electro-intensive industries in Paraguay

The ANDE Engineers Union proposed limiting the consumption of electro-intensive industries in Paraguay, such as data centers and artificial intelligence projects, to 700 MW in order to preserve the country's energy security and avoid compromising strategic resources in the medium and long term.

Economy - Jun 23, 2026

Paraguay sees 35% increase in foreign companies established in the country, says Vice Minister Eduardo Gustale

Paraguay recorded a 35% increase in the establishment of foreign companies in 2025, totaling 660 new firms, according to Vice Minister Eduardo Gustale.

maquilaeduardo-gustale

Economy - Jun 22, 2026

Paraguayan guesthouses offer promotions to tackle low occupancy during winter

Paraguay's tourist lodges are rolling out promotions—such as a third night free and special discounts—to counter low winter occupancy driven by seasonal factors, the election year, and the approaching 2026 World Cup, with nightly rates ranging from G. 80,000 to G. 250,000.

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Economy - Jun 22, 2026

Luque leads real estate growth in the Asunción Metropolitan Area, backed by industrial development and public infrastructure

Luque leads real estate growth in Greater Asunción, driven by public infrastructure investments, support for local industrial development, and prominence in the Che Róga Porã housing program.

luque

Economy - Jun 22, 2026

The price of live pigs in Paraguay has dropped to G. 9,700/kg, the lowest level since 2023

The price of live pigs in Paraguay has fallen to G. 9,700/kg, the lowest level since 2023, driven by regional and global factors such as export blockades, sanitary outbreaks, and shifts in demand.

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Economy - Jun 22, 2026

Brazilian companies eye solar and small hydroelectric projects in Paraguay

Brazilian companies are interested in building solar plants and small hydroelectric facilities in Paraguay, taking advantage of the new legal framework that allows the sale of electricity in the country, both to ANDE and through private agreements.

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Economy - Jun 22, 2026

Paraguayan notaries point out lack of integration and delays in the National Unified Registry

Five months after it came into force, the National Unified Registry (RUN), created by Law 7424/25 and which merged the General Directorate of Public Registries, the National Cadastre Service, and the Department of Surveying and Geodesy under the Supreme Court of Justice, has yet to deliver the operational efficiency it promised, according to representative bodies of Paraguayan notaries. They point to a lack of real integration between databases, the persistence of separate procedures, longer processing times — from around 10 calendar days to up to 15 business days or more — and risks associated with the physical transfer of files between offices.

Economy - Jun 22, 2026

Paraguay's labor productivity falls below that of eight Latin American countries in 2026

In 2026, Paraguay's apparent labor productivity was US$13,728 per person, placing it below eight Latin American countries, including Brazil, Chile, and Uruguay, and surpassing only Bolivia.

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Economy - Jun 21, 2026

MIC sets mandatory biodiesel blend of 8% to 10% for Type III diesel

The Ministry of Industry and Commerce (MIC) established through Resolution No. 472 that the mandatory biodiesel blend in Type III Diesel will be 8% to 10% by volume, revoking the previous regulation from October 2023 and taking effect 30 days after publication.

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Economy - Jun 21, 2026

DNIT requires arms and munitions dealers to issue electronic invoices through Sifen

DNIT has published General Resolution No. 54, requiring manufacturers, importers, exporters, and retailers of firearms, ammunition, explosives, and pyrotechnic articles to issue electronic tax documents exclusively through Sifen, with a 90-day compliance deadline. For companies with their own systems, the transition favors API-based integrations that preserve commercial operations and keep auditable fiscal evidence.

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Economy - Jun 20, 2026

CCPB brings together specialists to discuss business valuation in Paraguay

The Paraguay-Brazil Chamber of Commerce (CCPB) hosted the event "How Much Is My Company Really Worth?", bringing together specialists to discuss traditional business valuation methods in the context of mergers and acquisitions, amid growing foreign investor interest in Paraguayan firms driven by the country's dual investment-grade rating.

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Economy - Jun 20, 2026

Paraguayan firm aquino+ designs and builds H&M's first two stores in Paraguay

The Estudio de Arquitectura aquino+, led by architect César Aquino, won two consecutive international tenders and was commissioned to design and build the first two H&M stores in Paraguay—one at Paseo La Galería and the other in the Distrito Perseverancia neighborhood, both in Asunción.

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Economy - Jun 20, 2026

Paraguay to host first Ibero-American fintech summit in August

Paraguay will host the first Fintech Iberoamérica Summit on August 6, 2026, at Paseo La Galería in Asunción, bringing together industry leaders, investors, and companies such as Amazon to connect startups with investors and boost the regional fintech ecosystem.

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Economy - Jun 20, 2026

The child support payment will be automatically adjusted with the new minimum wage starting July 1

Starting July 1, with the minimum wage adjusted to G. 3,044,000 and the daily minimum wage to G. 117,077, child support payments will be automatically updated under Article 189 of the Code for Children and Adolescents, without the need for a new court proceeding, explained Judge Pili Rodríguez.

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Economy - Jun 20, 2026

La Casa Pederzani started in the family's barbecue area and grew into a culinary empire in Asunción

La Casa Pederzani was born in the Pederzani family's backyard barbecue area in Asunción after a financial crisis in the 1990s derailed a pasta factory project, and it grew into a gastronomic empire with three business lines — Pedersani Celebraciones, Pedersani Bar Bistro, and Ketosani — employing around 120 people.

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Economy - Jun 19, 2026

Paraguay takes second place at the 2026 VEX Robotics World Championship

A delegation of 22 Paraguayan students took second place at the 2026 VEX Robotics World Championship, a tournament recognized by Guinness World Records as the largest robotics competition in the world, bringing together more than 3,000 teams and over 30,000 participants from across multiple continents.

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Economy - Jun 19, 2026

Rising costs in Argentina reduce flow of Paraguayan shoppers in Clorinda

The rise in prices in Argentina, driven by President Javier Milei's economic normalization measures, has significantly reduced the flow of Paraguayan shoppers to Clorinda, reversing a commercial dynamic that for decades had favored cross-border shopping tourism.

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Economy - Jun 19, 2026

The Rally del Paraguay is expected to generate a record economic impact of more than 200 million dollars in Itapúa

The Rally del Paraguay, to be held from August 27 to 30 in the department of Itapúa, is expected to generate a record economic impact of more than 200 million dollars, driven by the presence of over 400,000 spectators and by the boost to sectors such as hospitality, dining, transportation, and retail.

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Economy - Jun 18, 2026

Peña announces 5% minimum wage increase, doubling inflation

President Santiago Peña announced a 5% increase in the Paraguayan minimum wage, doubling the accumulated inflation of 2.4% over the past 12 months, raising the floor from G. 2,899,048 to approximately G. 3,044,000, after the National Minimum Wage Council (Conasam) failed to reach a consensus between unions, which demanded between 20% and 22%, and the business sector, which advocated for an adjustment limited to inflation.

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Economy - Jun 18, 2026

The Paraguayan economy is expected to grow 4.2% in 2026 and 4% in 2027, according to a BCP survey

The Paraguayan economy is expected to grow 4.2% in 2026 and 4% in 2027, according to the Central Bank of Paraguay's (BCP) monthly expectations survey, which also projects inflation of 3.5% for both years, an exchange rate of G. 6,393 per dollar at the close of 2026, and the monetary policy rate held at 5.50% through July 2026, easing to 5.25% by the end of 2027.