Search Results for: Venezuelan

BY PACIFICA GODDARD

A decade ago, Latin America was considered to be one of the beer industry’s toughest markets, due to frequent bouts of economic uncertainty and political turmoil. But a lot has changed in the region since the year 2000, and recently instead of recoiling from this region, the biggest beer companies in the world have been fighting tooth and nail for shares of it.…

BY PACIFICA GODDARD

The carbonated soft drink segment has suffered recently in the United States and Europe, as consumers have become more health conscious and switched to less sugary alternatives, but in Latin America carbonated beverages have continued to perform well.…

BY PACIFICA GODDARD

INTRODUCTION

There are signs around the world that the textile market is beginning to recover from the global economic crisis, and developing markets will be leading that recovery. Asia is, of course, at the forefront, but many countries in Latin America have also weathered the crisis and have come out in a surprisingly decent position, with their dynamic textile and apparel industries well positioned for future expansion.…

BY PACIFICA GODDARD

LAST year in Latin America, British American Tobacco (BAT) and Philip Morris International (PMI), the region’s two dominant companies, battled to maintain profits through declining volumes. Overall, Latin America was profitable for both companies. For BAT, profits were mainly attributable to a strong performance in Brazil, and improved premium brand sales, however volumes sales declined throughout the region.…

BY PACIFICA GODDARD

The Venezuelan cigarette market experienced an overall decline in 2008 and the first half of 2009. In 2008, 11.95 billion sticks were sold, an 8.6% drop from the 13.07 billion sticks sold in 2007, according to the United Nations Statistics Division.…

BY JAMES FULLER

SMALL island states are always vulnerable in energy sustainability terms, but the growth in renewable energy technologies is giving them a better shot at security of supply. The Caribbean is a case in point, where green energy technologies are being explored across the region.…

BY PACIFICA GODDARD, in Caracas; MARVIN HOKSTAM, in Paramaribo, JAMES FULLER, in Port of Spain

IT may seem like a good thing for fuel retailers to be based in country that is sitting on a bounty of fuel reserves. But that is not necessarily the case, as many Latin American and Caribbean retailers can testify.…

BY KEITH NUTHALL

THE SOCIALIST government of Venezuela’s president Hugo Chavez has nationalised the country’s fuel distribution sector. It was the last part of the Venezuelan oil industry largely in private hands, being handled by dozens of companies, including some multinationals.…

BY PACIFICA GODDARD

CHINA’S entry into the World Trade Organisation (WTO) in 2002 and the recent end of quotas in the US and European markets have created gigantic changes in the textile industry worldwide, with developing markets like those in Latin America expected to suffer the most from these shifts.…

BY PACIFICA GODDARD, in Caracas

LATIN AMERICA has long been notorious for its high levels of corruption, especially through money laundering, bribery and the illicit drug trade. And although the recent years of relative stability and democratisation in the region have brought economic progress, this has also widened the opportunities for fraudulent activities and fuelled an increasing sophistication by which they are performed.…