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Digital media consultant and journalist. Passionate about history.

Number of companies in Bolivia increased by 3.7%

There are 329,025 companies operating in Bolivia, 3.7% more than in January 2019, when a total of 317,314 companies were registered. According to Fundempresa, La Paz has the largest share with 30.9%, followed by Santa Cruz with 29.2% and Cochabamba with 17.2%, and the rest is distributed among Tarija (5.1%), Oruro (4.8%), Potosi (4.4%), Chuquisaca (4.1%), Beni (3.1%) and Pando (1.1%).

Soybean prices drop $5 to $7 due to Coronavirus

The soybean has been trading at $335 per ton, placed in Rosario (Argentina), but because of the coronavirus the international price has dropped between $5 and $7 per ton. China is the largest buyer of soybeans worldwide, with about 70%, but the appearance of the coronavirus has affected demand in this market.

YPFB could develop fracking projects in Bolivia

The president of the state-run YPFB, Herland Soliz, announced that the company will begin exploration for unconventional hydrocarbons in the Miraflores area of the department of Chuquisaca. He added that there is a great possibility of finding a reservoir with a potential higher than 400 TCF.

Beer imports reached $11.6Mn in 2019

Beer was the main alcoholic beverage imported in 2019 with $11.6 million, according to a report by the Bolivian Institute of Foreign Trade (IBCE) with data from the National Institute of Statistics (INE). Beer imports were followed by rum (US$8 million) and whiskey (US$4.5 million).