Argentina Approves $6.4 Billion Vaca Muerta Energy Project Under Investment Incentive Programme
Argentina's Economy Ministry has approved a $6.4 billion oil infrastructure project in the Vaca Muerta shale basin under its Large Investment Incentive Regime, supporting plans to expand hydrocarbon production and strengthen energy exports from Neuquén province.
Argentina Records Third Consecutive Year of Fiscal and Trade Surpluses Under Milei
President Javier Milei's administration has maintained both fiscal and trade surpluses for a third consecutive year, according to economic data, supporting investor confidence even as manufacturing and other parts of the domestic economy continue to face uneven conditions.
Argentina's Catamarca Province Opens $2 Billion in Lithium Processing Facilities
Four new lithium extraction and processing plants have begun operations at Salar del Hombre Muerto in Argentina's Catamarca province, backed by $2 billion in foreign investment and expanding the country's role in supplying materials for the global battery industry.
Stellantis Considers Closing Argentine Factories Despite Previous $1 Billion Investment
Automaker Stellantis, which owns brands including Fiat and Peugeot, is assessing possible closures of its Argentine manufacturing facilities despite a previous $1 billion investment, highlighting concerns over production costs and the competitiveness of the country's automotive industry.
Argentina's Exports Forecast to Exceed $100 Billion as Agriculture and Energy Recover
Trade analysts expect Argentina's annual exports to surpass $100 billion, supported by stronger agricultural shipments from Santa Fe and growing energy exports from Patagonia, with the country's share of global trade projected to recover by 37%.
Argentina's Central Bank Eases Restrictions on Dollar Loans to Businesses
Argentina's central bank is relaxing rules governing US dollar-denominated corporate lending, seeking to channel foreign currency savings into construction, manufacturing and other productive investments as the government pursues wider financial deregulation.
Argentina's Central Bank Buys $69 Million as Country Risk Holds Below 600 Basis Points
Argentina's central bank has purchased an additional $69 million in foreign currency, increasing gross international reserves while JPMorgan's country risk indicator remained at 589 basis points, reflecting relatively stable conditions in the country's sovereign bond market.
Argentina's Airport Operator Announces $1.5 Billion Modernisation Plan Through 2031
Aeropuertos Argentina plans to invest $1.5 billion in upgrades to Buenos Aires' Ezeiza International Airport and more than 30 regional terminals by 2031, expanding infrastructure to accommodate increasing passenger traffic and air cargo demand.
YPF Takes Full Control of Subsidiary as Argentina's State-Backed Energy Company Refocuses Investment
Argentine energy company YPF has completed the acquisition of the remaining ownership in one of its profitable subsidiaries, simplifying its corporate structure as it concentrates investment on Vaca Muerta production and liquefied natural gas export infrastructure.
Argentina's Central Bank Faces Scrutiny Over Management and Relocation of Gold Reserves
Argentina's central bank and the General Auditing Office are engaged in a public dispute over the relocation and management of national gold reserves, raising political questions about transparency and oversight of sovereign assets.
Argentine Lawmakers Advance Electoral Reform Talks Ahead of Presidential Campaign
Argentina's governing coalition and allied opposition groups are negotiating changes to the federal electoral system, seeking agreement on voting procedures before the next presidential election cycle begins.
Argentine Manufacturers Press Provincial Governors to Scrap Gross Income Tax
Argentina's manufacturing and business associations are urging provincial governments to eliminate the Gross Income tax, arguing that overlapping levies increase production costs, weaken export competitiveness and discourage industrial investment.
Argentina's Metrotel Acquired by Local Investors and US Technology Investor
A consortium of two Argentine investors and a US technology entrepreneur has completed the acquisition of telecommunications provider Metrotel, reflecting renewed private investment interest in corporate connectivity and fibre-optic infrastructure around Buenos Aires.
Telecentro Acquires Argentine Telecom Rival to Expand Broadband Operations
Argentine telecommunications company Telecentro has acquired a competing digital services provider, expanding its position in residential and business connectivity markets across Buenos Aires and the surrounding metropolitan area.
Genneia Opens $110 Million Solar Power Facility in Argentina's San Juan Province
Argentine renewable energy company Genneia has inaugurated the San Juan Sur solar park following a $110 million investment, adding clean electricity generation capacity to the national grid with support from domestic financial institutions.
New Airlines Enter Argentina as Open Skies Policy Expands Domestic Aviation Competition
Argentina's aviation market is attracting new corporate jet operators and lower-cost premium carriers following air transport deregulation, with companies securing routes between Buenos Aires and provincial energy centres to compete for business travellers.
Argentina's Wine Export Volumes Rise More Than 20% Through September
Argentine exports of wine and grape must increased by more than 20% in volume through September, helping producers in Mendoza and San Juan recover from earlier seasons affected by extreme weather and generating additional foreign currency earnings.
Argentine Travel to Brazil Jumps 72%, Increasing Pressure on Domestic Tourism
The number of Argentines travelling to Brazilian coastal destinations has risen 72% from a year earlier, according to migration and tourism figures, as changing exchange rate conditions make overseas holidays more attractive and intensify competition for Argentina's coastal resorts.
Argentina Approves First Publicly Traded Investment Vehicle Focused on Tourism
Argentina's National Securities Commission has authorised a new publicly traded investment instrument dedicated to tourism and hospitality assets, allowing individual and institutional investors to finance projects in destinations including Patagonia and the country's northern provinces.
Farmacity Opens 300th Store in Argentina Despite Weak Consumer Spending
Argentine pharmacy and retail chain Farmacity has opened its 300th domestic location, continuing its expansion despite difficult consumer spending conditions and broader economic pressures affecting the country's retail sector.