Sections

Economy

Showing 24 of 472 articles

Search archive

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).

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.

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.

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.