RSSAuthor Archive for Joachim Bamrud

Joachim Bamrud is the executive editor of the Latin Trade Group and a former editor-in-chief of Latin Business Chronicle and Latin Trade magazine.

Maria das Graças Foster, delivered her address at the opening session of the Rio+20 Sustainability Forum | Photo: Courtesy Of Agencia Petrobras De Noticias

Petrobras’ “Iron Lady” in Charge

Maria das Graças Foster,The woman at the helm of Latin America’s largest company Forbes calls her “The Iron Lady of Oil”. As the only female CEO in a line-up of the world’s top ten oil companies (by 2011 revenues), Maria das Graças Foster is building a reputation as a driven leader at Brazil’s state oil [...]

Maria das Graças Foster, Petrobras’s CEO

A Milestone For Latin American Businesswomen

The appointment of Maria das Graças Foster  to the top job at Brazilian oil giant Petrobras, Latin America’s largest company, is seen as a major milestone for businesswomen in the region. “Maria das Graças Foster  has become the most  important role model for aspiring young women in the corporate world in Latin America,” says Susan [...]

Calderon’s Mixed Legacy: Success or Failure?

Calderon’s Mixed Legacy: Success or Failure?

When Felipe Calderon leaves Mexico’s presidency in December, he will leave behind a mixed legacy, as our special report shows. That might not seem impressive at first glance, but there’s a case to be made that it actually could represent a certain degree of accomplishment and success for Calderon. After all, he faced an unprecedented [...]

Dell Bets on Latin America

Dell Bets on Latin America

Region among star performers for computer maker. Thanks to Latin America outgrowing the world average both in economic terms and in PC sales, companies like U.S.-based Dell have reason to be optimistic about their revenues in the region this year. “The economies of Latin America are healthier, with a few exceptions,” says Peter Wiegandt, the [...]

Colombian Star

Colombian Star

While Brazil will continue to garner most of the foreign direct investment going to Latin America the next few years, many companies are increasingly looking at another market for strong growth and relatively big numbers: Colombia, the largest Latin American market by population outside of Brazil and Mexico.

Thank You, China!

Thank You, China!

Jose Antonio Rios, chairman of Global Crossing Latin America, is right on in pointing out that China helps Latin America more than it hurts it.

British Minister of State for Latin America, Jeremy Browne

Boosting British Ties

Jeremy Browne, the U.K. Minister of State for Latin America, is bullish these days.

Country Report: FTA Boosts Business

Country Report: FTA Boosts Business

The U.S.-Colombia free trade agreement is expected to help boost Colombia’s economy further.

Port in Recife, northeastern Brazil. HO/AFP/Getty Images/Newscom

Recharge Latin America

While Latin America has reason to be proud of its economic growth in recent years, the region needs to implement a series of reforms to make it much more competitive.

Cristobal Manuel El Pais Photos/Newscom

BRAVO: Lifetime Achievement Award-Leonel Fernandez, President of the Dominican Republic

When Leonel Fernandez leaves the

Courtesy of  the Dominican Republic Ministry of Tourism

Country Report: Dominican Republic Moves Ahead

The tourism champion is increasingly boosting its other sectors, including mining, finance, telecommunications and infrastructure.

The azure waters of the Caribbean attract millions of visitors each year to the Dominican Republic, which is upgrading highways to open new areas for tourism development. The Casa de Campo resort, with its own marina (opposite page), is one of the most exclusive destinations.  Courtesy of  the Dominican Republic Ministry of Tourism

Country Report: Latin American Tourism Champion

It may rank as the ninth-largest economy in Latin America, but when it comes to tourism, the Dominican Republic is among the leaders.

President Leonel Fernandez takes the driver’s seat for a 2008 test ride on the Santo Domingo Metro, the first subway transit system built on a Caribbean island. ORLANDO BARRIA/EPA/Newscom

Country Report: Santo Domingo Metro: Full Speed Ahead

As thousands of Dominicans watched on live television, President Leonel Fernandez drove the Metro wagon forward, formally inaugurating the country’s first Metro system.

Chapultepec park with the Mexico city skyline. World Trade Center rises behind the Polyforum Cultural Siqueiros. Mexico Skyline: istockphoto; World Trade Center: Mexico Tourism Board

Mexico City

Firsthand tips for visiting Mexico’s capital.

BETTER FUTURE? Latin American governments need to reform the education system to ensure that  children like these from Colombia have a better future.  That would help boost prosperity and improve the business climate.

The Education Challenge

Companies in Latin America had a great year in 2010, as the Latin 500 shows. Revenues were up 22 percent, while profits jumped 37 percent. However, with expanding demand and sales comes a new challenge — finding the right talent. From Brazil to Panama, companies are increasingly complaining about a deficit of skilled employees.

Latin America: World-Class Potential

Latin America: World-Class Potential

Raul Rivera, a Chilean native and former partner of Boston Consulting Group, talks to Latin Trade about his new book, Nuestra Hora (Pearson).

Latin 500: Strong Year for Latin America’s Companies

Latin 500: Strong Year for Latin America’s Companies

Profits jump among the 500 largest companies in the region.

#65 Reinaldo Garcia was named CEO and president of GE Latin America in January. He has set a goal of double-digit growth over the next five years.

Latin 500: General Electric: Bullish on Brazil

Reinaldo Garcia, CEO and president of GE Latin America, tells Latin Trade about the company’s expansion and future outlook.

#227 Goodyear Latin America President Jaime Szulc sees opportunities among the region’s growing middle classes with improved purchasing power.

Latin 500: Goodyear: Solid Tracks

Jaime Szulc, president of Goodyear Latin America, talks to Latin Trade about the outlook for the firm’s key markets.

#326 In an industry marked by consolidation, Copa Airlines is able to remain independent, says CEO Pedro Heilbron.

Latin 500: Copa: Small, But Strong

Pedro Heilbron, CEO of Copa Airlines, talks to Latin Trade about the carrier’s bright outlook.

São Paulo

São Paulo

First-hand tips for visiting Brazil’s business hub.
Insights and advice from Jose Antonio Rios, chairman of Global Crossing, Latin America, and David Berger, managing director, Latin America & Caribbean, NAI Global.

Panama Canal

The Case for Free Trade

While the United States has been dillydallying on free trade with Latin America, the rest of the world has not. The European Union has caught up with the United States when it comes to Colombia, Peru and Central America, undermining the U.S. advantage with those areas

German Efromovich has gone from humble origins to leading a multibillion-dollar empire that is heating up Latin America’s aviation sector.

Efromovich: Hardworking Visionary

Avianca Chairman German Efromovich talks to Latin Trade about his vision and future plans.

Teofilio Palacios, vice president for Latin American telecom operations, Samsung Electronics

Wireless: Latin America: Double-Digit Growth

The number of wireless phones in Latin America is growing by double digits. One big winner: Korea’s Samsung.

Robust and open global trade drives the world’s economic engine and boosts Latin American competitiveness, says Romaine Seguin, president of the Americas, UPS

Trade & Logistics: Trade Growth Boosts Logistics

Logistics executives and trade experts see a solid outlook for Latin American trade.

1. Enrique Garcia and Jane Bussey, editorial director, Latin Trade Group. 2. Ramiro Crespo, president, Analytica Securities; Oscar Jasaui; Bernardo Guillamon, advisor to the Office of Outreach and Partnerships, Inter-American Development Bank. 3. Pierina Correa, director, Fundación Abriendo Caminos (Ecuador); Enrique García, president and CEO, Corporación Andina de Fomento (CAF). 4. Simon Strong, senior managing director, FTI Consulting; James Quigley, executive vice chairman, international corporate and investment banking, Bank of America Merrill Lynch; Oscar Jasaui, President, Pacific Credit Rating; Martin W. Schubert, chairman, InterAmerican Finance Corporation. 5. Shane Jaffer, director, International Financial Institutions, Government of Alberta, Canada. 6. Raul R. Herrera, partner, Arnold & Porter LLP.

BRAVO COUNCIL Calgary

In a region confronting the need to build for the future, the Corporación Andina de Fomento — a 40-year-old regional development bank — has long been on the forefront of funding infrastructure projects. But private-sector investment and innovative financing, such as special funds for infrastructure, also are necessary to foster development in the region, says Enrique García,

1. Woods Staton, CEO, Arcos Dorados. 2. Frank Holder, chairman for Latin America, FTI Consulting. 3. João Carlos Ferraz, director, BNDES. 4. Donna Hrinak, vice president, Global Public Policy and Government Affairs, PepsiCo. 5. Richard Burns, chairman, Latin Trade Group; Robert H. George, partner, Curtis, Mallet-Prevost, Colt & Mosle LLP; Cristiana Falcone, consultant to the Office of Outreach and Partnerships, InterAmerican Development Bank. 6. Marcos Antonio Molina, CEO, Marfrig Alimentos; Ricardo Bomeny, CEO, Brazil Fast Food Corporation. 7. Woods Staton with BRAVO Council attendees.

BRAVO COUNCIL Rio de Janeiro

Business opportunities and challenges in the decade of Latin America was the topic of the BRAVO Council held April 29 in Rio de Janeiro on on the sidelines of the World Economic Forum Latin America.

Sebastian Piñera,  president of Chile

The Chilean Model

Nobel laureate Mario Vargas Llosa was right when he characterized Chile as a not-yet developed country, but one that is not a developing country either.

Brazil: Latin America’s Superpower

Brazil: Latin America’s Superpower

Brazil comes into its own. Despite a wide range of challenges, local and foreign executives are bullish about the country’s business outlook. And new President Dilma Rousseff is getting high marks thus far.

Latin America’s Decade

Latin America’s Decade

From policymakers and ratings agencies to entities like the World Economic Forum, the consensus is building that this will be “Latin America’s Decade.”