Blockades in Sipe Sipe generate daily losses of $2.43 million

For each day of the blockade in Sipe Sipe, the productive sector of Cochabamba loses around Bs 17 million ($2.43 mn), which puts the desired reactivation of the departmental economy in the red, according to the Federation of Private Entities of Cochabamba (FEPC). The conflict for the school basket began two months ago, and during that time the road to Oruro and La Paz has been blocked three times, where the most significant damage is the heavy-transport sector since they are in charge of taking the Bolivian exports to the Chilean ports.

Internet shopping in Bolivia grew by 21% during Covid-19

Internet purchases in Bolivia increased by 21% during the Covid-19 pandemic quarantine. The growth registered in recent months is a five-year-jump, says the Kolau marketing platform. Now the goal is for mainly small and micro businesses to jump on the bandwagon of the digital era since it is estimated that of the 600 thousand productive … Continue reading Internet shopping in Bolivia grew by 21% during Covid-19

Wilson Zelaya Prudencio takes over as president of YPFB

With the mission to start up the Ammonia and Urea Plant, revive the industrialization of natural gas and the exploration and exploitation of hydrocarbons, Wilson Zelaya Prudencio, an industrial engineer by profession, with 29 years of experience in the sector, assumed this Thursday as executive president of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB).

Sugar mills forecast an exportable balance of 3 million quintals of sugar

The sugar sector of Santa Cruz managed to grind 8.05 million tons of cane, refine more than 11 million quintals of sugar and distil more than 200 million litres of alcohol. According to the Bolivian Institute of Foreign Commerce (IBCE), up to September of this year, the sugar agro-industries operating in the country exported 84,340,117 gross kilograms for a value of $30.9 million. It represents a growth of 10% in volume and 6% in value, compared to the same period in 2019. In the exports of the group of non-traditional products, the sugar sector reachest participation of 1%.