Economy

Paraguay again leads the Comprehensive Tax Index in Latin America

For the second consecutive year, Paraguay tops the Comprehensive Tax Index in Latin America, consolidating itself as the most competitive and efficient tax system in the region, according to the prestigious Adam Smith Center for Economic Freedom. This recognition reaffirms the country's fiscal stability and long-term economic vision, which continues to position itself as a reliable destination for...

International firm will invest USD 700 million in sustainable forest development in Paraguay

The international firm Astarte Capital Partners announced a historic investment of USD 700 million in Paraguay, aimed at sustainable forest development, carbon credit generation and regional economic reactivation. The project includes the creation of 5,000 direct jobs and around 50,000 indirect jobs, boosting the growth of rural communities and strengthening the country's forestry value chain. With...

Paraguay promotes the Digital District to position itself as a regional hub for innovation and technology

Paraguay advances in its goal of becoming a regional benchmark in innovation and technology with the development of the Digital District project, an initiative led by the Ministry of Information and Communication Technologies (Mitic). The project seeks to create a collaborative ecosystem between the public, private and academic sectors, aimed at driving high-impact technological solutions, attracting...

European Investment Forum 2025 highlights Paraguay’s potential as a strategic destination

The European Union Delegation in Paraguay held the European Investment Forum Paraguay 2025, carried out at the Institute of the Central Bank of Paraguay (BCP). During the meeting, the European Commission highlighted the numerous investment opportunities that Paraguay offers, emphasizing its political and economic stability, as well as its favorable business environment, factors that position the...

Paraguay consolidates itself as an attractive destination for international investments

Paraguay continues to position itself as a regional center of opportunities for foreign capital, thanks to its macroeconomic stability and competitive fiscal environment. During his visit to the country, Alberto Rovere, managing partner of Allie International, highlighted the advantages and favorable conditions that Paraguay offers for foreign investment, calling it an increasingly attractive...

Paraguay consolidates itself as one of the world’s leading Bitcoin mining centers

In a global context marked by the expansion of the digital economy, Paraguay positions itself among the world leaders in Bitcoin mining, reaching third place globally. According to the most recent report from the Cambridge Centre for Alternative Finance at the University of Cambridge, the country concentrates 3.4% of Bitcoin mining activity, surpassing nations such as Norway (2.8%) and Kazakhstan...

Paraguay promotes the Digital District to position itself as a regional hub for innovation and technology

Paraguay advances in its goal of becoming a regional benchmark in innovation and technology with the development of the Digital District project, an initiative led by the Ministry of Information and Communication Technologies (Mitic). The project seeks to create a collaborative ecosystem between the public, private and academic sectors, aimed at driving high-impact technological solutions, attracting...

Paraguay promotes the Digital District to position itself as a regional hub for innovation and technology

Paraguay advances in its goal of becoming a regional benchmark in innovation and technology with the development of the Digital District project, an initiative led by the Ministry of Information and Communication Technologies (Mitic). The project seeks to create a collaborative ecosystem between the public, private and academic sectors, aimed at driving high-impact technological solutions, attracting...

Paraguay plans to double its GDP and exceed USD 100 billion by the year 2035

Paraguay has set itself an ambitious economic goal: to double its Gross Domestic Product (GDP) and reach more than USD 100 billion by the year 2035. The initiative, driven by the Ministry of Industry and Commerce (MIC) in collaboration with more than 200 businessmen from the private sector, seeks to define and strengthen the strategic sectors that will drive the country's sustainable economic...

Sudameris Plaza: the new architectural icon that will transform the Asunción skyline

The corporate future of Asunción is beginning to take shape with the launch of Sudameris Plaza, the new headquarters of Banco Sudameris, which will be designed by the renowned international studio Foster + Partners, authors of emblematic works such as Apple Park (California) and The Gherkin (London). The project includes a 39-story tower that will become a benchmark for innovation, sustainability and...