News Uruguay: Uruguay’s Service Exports Reaches Record High
Uruguay’s service exports are gaining steady momentum, nearing $7 billion in 2024, driven by robust performance in tourism, IT, and business services — and powered increasingly by the country’s free ...
News Uruguay: Uruguay Growth Forecast Cut to 1.3% by the IMF, Below the Government’s 1.6%
The IMF now expects Uruguay's economy to grow 1.3% in 2026 after a drought hit soy. The minister calls it appropriate; the official forecast is still 1.6%.
News Uruguay: Uruguay closes 2025 with strong performance in beef exports
Several people cut roast meat during the launch of the Grilling World Cup, in Montevideo, Uruguay, in March 2024. The country was expected to export about 548,000 metric tons of beef in 2025, ...
News Uruguay: Uruguay Economy 2026, Who Runs It and How
Uruguay economy in 2026 is run by state utilities, foreign banks and pulp giants, with pulp exports at US$2.31 billion in 2025.
News Uruguay: Iran’s Ambassador to Uruguay Meets Canelones Mayor to Discuss Expanding Cooperation
The meeting, held during Uruguay’s National Day celebrations, highlighted more than 123 years of relations between Iran and Uruguay. They also discussed ways to strengthen economic, cultural, ...
News Uruguay: Uruguay: New taxes announced for Uber
Uruguay’s government has announced a new set of taxes for private passenger transport companies such as Uber. The move was announced by the deputy minister for the Economy, PabloFerreri. The new tax is intended to level the playing field for traditional taxi companies in terms of the fiscal requirements imposed on both business models. Companies
News Uruguay: Uruguay's New 12% Tax On Foreign Income: What Residents Now Owe The Rio Times
Uruguay's New 12% Tax On Foreign Income: What Residents Now Owe The Rio Times. Uruguay · Taxes Key Facts What changed. Uruguay now taxes its tax residents on foreign passive income, breaking with its long-marketed territorial system. The
News Uruguay: How to buy ethereum — and what to know before you do
Ether, the native cryptocurrency used on the ethereum platform, remains significantly more volatile than the S&P 500 for many investors. But it's no longer a moonshot — it's a foundational piece of a ...
News Uruguay: Uruguay: Small Country, Big Fintech Ambitions
The following is an overview of the fintech ecosystem and its relation to wider economic development of Uruguay in 2026.
News Uruguay: Uruguay Construction Industry Report 2024: Output to Register an AAGR of 3.7% During 2025-2028, Supported by Investments in Tourism, Hydrogen Industries, & Transport and Water ...
Dublin, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The "Uruguay Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H1 2024)" report has been added to ResearchAndMarkets.com's offering.Following a decline of 5.6% in real terms in 2023, The analyst expects Uruguay's construction industry to expand by 2.1% in 2024, supported by investment in water and transportation infrastructure p
News Uruguay: Exclusive-Uruguay central bank chief: rate cut likely in October as inflation cools
Uruguay's central bank is likely to cut its benchmark interest rate again at its next monetary policy meeting in October as inflation has fallen to a near two-decade low, governor Diego Labat told Reuters on Friday. The South American country has led the region's pivot to rate cutting after sharp hikes by central banks around Latin America in recent years to rein in prices, an aggressive tightening cycle that helped many get inflation under control. "Interest rates today are at 10%, probably we can decrease rates in the next session, though it depends on the inflation path," Labat said in an interview at Uruguay's central bank in downtown Montevideo.
News Uruguay: Uruguay's central bank marks five years without intervening in the currency market
The Central Bank of Uruguay completed five years on Monday without intervening in the foreign exchange market. Its last operation was a purchase of 31.2 million dollars in 2021. Its president, Guillermo Tolosa, described the milestone as of 'enormous' importance and said the country is going through a period of 'absolutely free floating of the currency'.
News Uruguay: A tale of two central banks as Uruguay rises and Argentina slides
Diego Labat, Uruguay's central bank chief, is sitting pretty. Inflation is at the lowest level in nearly two decades, the currency is one of the region's strongest, and the country is leading a regional pivot towards interest rate easing. It's also a sign of a tectonic shift over years: strong, independent institutions and political stability helping Uruguay's economy increasingly detach from its larger neighbor, where the two once rose and fell in tandem.
News Uruguay: Can Money Change the World?
MONTEVIDEO, Uruguay, May 29 2025 (IPS) - While headlines often focus on crises, inequality, or instability, they rarely highlight one of the most powerful tools for transformation: development finance ...
News Uruguay: Tether’s Uruguay Mining Exit Shows the Risk of Unsecured Power
Tether has abandoned a Bitcoin mining buildout in Uruguay that a former contractor estimated cost roughly $120M, after a dispute with state-owned utility Administración Nacional de Usinas y Trasmisiones Eléctricas (UTE). The dispute is over how much electricity the stablecoin issuer’s contract actually guaranteed, according to a Reuters investigation reviewed ...
News Uruguay: Uruguay's only industrial brewer negotiates cutting 80 jobs or ending production
Fábricas Nacionales de Cerveza (FNC), Uruguay's only industrial beer producer, is negotiating with the government and the trade union a restructuring that would cut 80 of the 400 jobs at its Montevideo and Minas plants. The company keeps a second scenario on the table, which the parties involved regard as less likely: abandoning local production and operating as an importer, with a workforce reduced to around 100 employees.
News Uruguay: Indonesia, Uruguay expand cooperation to boost commodity trade
The Indonesia Quarantine Agency is expanding opportunities for Indonesia's commodity exports to Latin America through a cooperation agreement with Uruguay's Ministry of ANTARA News mataram 34 ...
News Uruguay: Uruguay Insurance Industry Governance, Risk and Compliance Report 2023
Dublin, Sept. 04, 2023 (GLOBE NEWSWIRE) -- The "Uruguay Insurance Industry - Governance, Risk and Compliance" report has been added to ResearchAndMarkets.com's offering.This report provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries. The report bri