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Itapúa department in Paraguay is preparing to host the 2026 World Rally Championship stage, expecting to surpass the previous edition's attendance, generate temporary jobs, boost local tourism, and implement a comprehensive security plan and naval attractions.
Experts warn that the profitability of real estate flipping, the practice of buying, renovating, and selling properties quickly, is no longer guaranteed as it once was, requiring rigorous planning to avoid losses.
felanixDNIT listed 4,669 taxpayers with firm tax debts, with 96% of them being small entrepreneurs.
dnitExports from Paraguay's maquila sector totaled $858.7 million through July 2026, with growth driven mainly by new products like ethyl alcohol and biodiesel.
maquilabiodieselexpo-maquilaUeno Bank reported intangible assets related to software systems for 2025 whose book value is around three times higher than the corresponding assets of nine other major banks in Paraguay combined. The unusual scale of the figure has raised questions within the financial sector. According to opposition lawmaker Mauricio Espínola, the Paraguayan banking association Asoban may also have approached the Central Bank over the matter.
uenoittibanco-nacional-de-fomentobanco-central-del-paraguayitauThe low-cost pizza and empanada sector is expanding in Argentina, accounting for 33% of the country's franchises, with chains scaling up operations despite a drop in consumption and a competitor's recent bankruptcy filing.
divaflo-srlel-noble-repulguesolo-empanadasdelicias-argentinasThe jet of jailed former banker Daniel Vorcaro operates from its base in Asunción, with flights to various international destinations, to avoid seizure by the Brazilian Federal Police, as it has not entered Brazilian airspace since August 2025.
daniel-vorcarobanco-mastervalor-economicofolhapressMoody's warns that low revenue and an increasingly rigid budget, with rising mandatory spending, limit Paraguay's fiscal space and reduce its investment capacity, despite the country maintaining stable debt levels and one of the lowest public expenditures in the region.
colombiaParaguayan exports of soybeans and derivatives totaled $3.5 billion in the first seven months of 2026, a 41% growth compared to the previous year, with Argentina as the main destination.
argentinasonia-tomassonePresident Santiago Peña appointed Juan Manuel Maioli García, son of one of the owners of the company Parxin, as Paraguay's representative to the World Bank Group.
juan-manuel-maioli-garciaparxinhoracio-cartessantiago-penaSupermarkets and malls in Paraguay will operate with extended hours on the August 15 holiday and Children's Day, with expectations of increased sales, adaptations to cold weather, and growth in electronic payments.
Paraguay's securities market recorded 25% growth in the first half of 2026, reaching $6.6 billion in custodial assets, with 5,500 new investors and $625 million in primary issuances.
montranThe Paraguayan government is negotiating the assignment of $400 million to pay part of its roughly $1 billion debt to pharmaceutical suppliers, with $320 million already available for negotiation.
The union of ANDE workers accuses the Paraguayan government of hiding an offer from the company Imperium to buy energy at $70 per MW, more than double the amount negotiated with the company Atome.
andeimperiumatomeParaguayan banks offer dollar savings and current accounts, including products for non-residents subject to review. But a USD balance is not a US bank account: cash handling, local transfer hours, international wires, minimum balances and source-of-funds checks still matter.
bankingus-dollarsforeign-currencyaccountscashtransfersConsumption in Paraguay grew 4.1% in June, driven mainly by the services, commerce, and manufacturing sectors, closing the first half of the year with an accumulated increase of 4.5%.
H&M has opened its first store in Paraguay, with a second unit scheduled for next week, and confirmed plans to expand to Argentina in 2027, as part of its growth strategy in Latin America.
daniel-erverperuuruguaychileArgentine airline Flybondi had its accounts frozen due to tax debts, is delaying employee salaries and severance payments, and is accumulating flight cancellations and fines from ANAC, while the sector speculates about a possible court-supervised restructuring.
flybondialicia-isabel-braghiniThe Paraguayan government presented bills to create a Ministry of Mines and Energy and an electricity sector regulatory body, with broad private sector support viewing the measure as crucial for attracting investments.
santiago-penaThe drop in fuel prices in Foz do Iguaçu attracts Paraguayan drivers seeking savings, but long traffic jams on the Friendship Bridge reduce the benefit of refueling in Brazil.
ciudad-del-esteParaguay's DNIT will begin requiring the declaration of cryptocurrency transactions exceeding $5,000 annually for tax oversight, a measure an expert warns needs balance to avoid harming the sector with excessive complexity.
dnitmarangatuoscar-orueParaguay's Ministry of Industry and Commerce launched the Expo Maquila and Plaza Mipymes platforms, which will be part of the Paraguay Business Week 2026 in Alto Paraná with the goal of generating $1 billion in business.
expo-maquilaplaza-mipymesalto-paranaAn Argentine commercial mission with about 100 businesspeople is in Paraguay to conduct business rounds, mainly in the food and beverage sectors, aiming to open new trade channels.
guillermo-nielsenmarco-riquelmeParaguay's Tourism Minister, Jacinto Santa María, resigned after three months for "personal and dignity reasons", and the government announced the merger of the portfolio with the Ministry of Industry and Commerce.