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  • 2 Aug 2021 2:23 PM | Sarah Carroll (Administrator)

    Global context: Improvements in activity have continued, though inflation has been higher than expected 

    • The first half of the year confirmed some elements of our baseline scenario for 2021. In particularly, while heterogeneous, vaccination progress at the global level has enabled reopening in the developed world. This has supported further improvement in expectations for activity, in line with our 5.9% growth estimate for this year—the highest since 2007.
    • On the other hand, after the first-semester hike, interest rates in the US, particularly longterm, have fallen, benefiting rate-sensitive assets like the US stocks. High risk appetite has helped keep fiscal policy that was more expansive than expected at the beginning of the year from triggering sharp hikes in real longer-term interest rates.
    • Some elements have diverged from our expectations, particularly the global dollar, which we expected to weaken as reopening rotated from the US to the rest of the world. This was on-path until the Fed raised its inflation expectations and appropriate benchmark rate path in June, causing the dollar to appreciate across the board.
    • There is consensus that inflation will be high relative to last year; however, figures have exceeded expectations, increasing inflationary risk and signalling lower-than-expected returns for the second half of the year.

    Read the full report here >>

  • 28 Jul 2021 12:00 PM | Sarah Carroll (Administrator)



    PRESS RELEASE 

    ESTABLISHMENT OF THE JOINT BUSINESS COUNCIL BETWEEN THE AUSTRALIA-LATIN AMERICA BUSINESS COUNCIL AND THE CENTER OF PROMOTION AND INVESTMENT ASIA PACIFIC-LATIN AMERICA (AP-LAC)

    On July 27, a Memorandum of Understanding (MOU) was signed between the Australia-Latin America Business Council (ALABC) and the CENTER OF PROMOTION AND INVESTMENT ASIA PACIFIC-LATIN AMERICA (AP-LAC) for the establishment of the Australia-Central America and Caribbean Council of Business Cooperation (ACACBC) to foster closer friendships and promote economic, trade and investment between Australia and Guatemala, El Salvador, Costa Rica, Panama and Cuba.

    The signing ceremony was co-hosted by the Chairman of the Board of Directors of ALABC Mr. Richard Andrews, and by the President of AP-LAC Mr. Alexander Mora-Delgado and included the participation of the Ambassador of Costa Rica in Australia HE Armando Vargas Araya.

    Special mention to highlight the presence of Mr. Jairo Hernandez, former Ambassador of Costa Rica in Australia and Marcelino Aviles, former Ambassador of Panama in Australia.

    In his welcoming remarks the President of AP-LAC Alexander Mora-Delgado, highlighted that the signing of the MOU marks a new milestone in the promotion of the business relations between Australia and key Central American countries and that the main objective is to provide a regular forum for a systematic bilateral business promotional initiatives that will lead to increased trade in goods and services and investment between Australia and Guatemala, El Salvador, Costa Rica, Panama and Cuba. He added that “the current trade and investment figures demonstrate that the existing potential remains largely untapped. An essential role for the ACACBC it is to encourage investor confidence and strengthen relations to establish the bases for stable growth that is beneficial for both regions”

    The President of ALABC, Richard Andrews mentioned that this is the first business advisory group created by ALABC with a focus in 5 countries in the Central American and Caribbean region. The business councils are unique instances of private sector cooperation, coordination and consultation whose objective is to increase business between two regions. They are made up of senior businessmen and executives of companies that have significant interest in increasing the investments and trade flows with the countries that act as counterparts. 

    They are an effective tool for business diplomacy and complement the efforts made by DFAT and ALABC, along with key industry player such as COALAR , Austrade, Global Victoria, Trade and Investment Queensland and their counterparts in the region.

    Clean energy and green hydrogen, tourism, mining, agriculture, science and technology  are a major focus for government and industries wanting to attract and partner with Australian technology exporters and investors.

    The importance of the MOU signed between our two private sector organisations, through which a strategic alliance is established represents a unique opportunity for Australian companies to access key players and decision makers in the business sector.

    AP-LAC is a non-profit trade association that brings together companies and associations doing business between Latin America and the Asia Pacific.

    ALABC was established in 1989 as a Not-for Profit association and our membership is comprised of companies and organisations ranging from large multinational corporations to education and research institutions, SMEs, sole traders and professionals, who are at the forefront of forging business relations between Australia and Latin America.

  • 21 Jul 2021 4:37 PM | Sarah Carroll (Administrator)

    July 2021 ALABC E-Newsletter

    Dear Members and Friends,

    Welcome to our July 2021 Newsletter.

    I am very pleased to announce the launch of our Soft-Landing program to help qualified, mature technology companies and scale-ups from Latin America, build revenue and secure investment in the Australian market by helping to cover their initial costs, connecting them with the local business ecosystem and fast-track their transition. The support provided by ALABC through the Soft-Landing program will allow Latin American organisations to attract customers in Australia to more quickly become cashflow positive.

    If you are already an ALABC memberyou can also get involved in this program by offering your services and advice, mentoring Latin American entrepreneurs or evaluating business prospects. All you have to do is update your member’s profile here and follow the instructions attached here

    If you would like to promote this initiative to your database, please complete this form to receive the marketing materials and have your logo listed as a supporter. 

    In the context of the current COVID-19 situation and border closures between states throughout Australia impacting several attendees, sponsors and speakers, we have made the difficult but appropriate decision to postpone the ALABC Perth Annual Dinner: Lithium and Electro-mobility Challenges between Australia and Latin America. 

    The ALABC Annual Report for 2021 is also available to read and download.

    Newsletter July 2021: IN THIS ISSUE 

    • Industry News - A combination of news articles specifically curated for news relevant to the Latin American region. 
    • Upcoming Events - Registration links so that you can secure your place at important business events. 
    • Featured Members - Find out which companies are being featured this month. 
    • New Members - Get in contact with our new member companies to create new business opportunities. 
    • Previous Events - Gain access to previous event photos and webinar recordings to share with your friends and colleagues on social media. 
    • Event Sponsorship Opportunities - Provide more exposure to your business by sponsoring an ALABC event through event partnerships and marketing strategies. 

    Please do not hesitate to contact me should you have collaboration opportunities. I look forward to hearing from you. 

    Yours sincerely,

    Marcelo Salas

    Chief Executive Officer 

    Australia-Latin America Business Council

    ceo@alabc.com.au

    Read the full newsletter here. 

  • 19 Jul 2021 8:47 AM | Sarah Carroll (Administrator)


  • 12 Jul 2021 4:43 PM | Sarah Carroll (Administrator)

    HIDROGENO VERDE 1

    At least three mining initiatives that are in their development stages are looking to incorporate the use of green hydrogen, considering the potential that this technology is thought to have in Chile.

    In this context, the Chilean Government has presented its “Guide for the Approval of Pilot Projects in Mining,” an initiative led by the Mining and Energy Ministries, alongside the National Geology and Mining Service (SERNAGEOMIN). The aim is to provide greater assurances to companies that want to use hydrogen in the mining industry, a sector that is considered fundamental to promoting the use of the fuel during its initial phases of development.

    Read more here. 

  • 5 Jul 2021 4:40 PM | Sarah Carroll (Administrator)

    Watch the video here. 

  • 28 Jun 2021 3:29 PM | Sarah Carroll (Administrator)

    June 2021 ALABC E-Newsletter

    Dear Members and Friends,

    Welcome to our June 2021 Newsletter.

    We are very pleased to announce the launch of our new Soft Landing Platform.  If you are member of ALABC, do not miss this opportunity to engage and assist Latin American companies and scale ups setting up in Australia. This is an ALABC initiative supported by COALAR to assist our members in gaining access to Latin American companies looking to transition into the Australian market.

    If you are an ALABC member and would like to get involved in this program, please register your interest here and follow the registration instructions here


    For more information regarding this program, please click here.

    The ALABC Annual Report for 2021 is also available to read and download. Please download the report here to read about ALABC's achievements during the last 12 months and our plans for the upcoming year. 

     Newsletter June 2021: IN THIS ISSUE 

    • Industry News - A combination of news articles specifically curated for news relevant to the Latin American region. 
    • Upcoming Events - Registration links so that you can secure your place at important business events. 
    • Featured Members - Find out which companies are being featured this month. 
    • New Members - Get in contact with our new member companies to create new business opportunities. 
    • Previous Events - Gain access to previous event photos and webinar recordings to share with your friends and colleagues in social media. 
    • Event Sponsorship Opportunities - Provide more exposure to your business by sponsoring an ALABC event through event partnerships and marketing strategies. 

    Please do not hesitate to contact me should you have collaboration opportunities. I look forward to hearing from you. 


    Yours sincerely,

    Marcelo Salas

    Chief Executive Officer 

    Australia-Latin America Business Council

    ceo@alabc.com.au

    Read full newsletter here. 

  • 10 Jun 2021 10:12 AM | Sarah Carroll (Administrator)

     May 07, 2021. Covid19 has accelerated the transition to a 4.0 mining industry in Latin America. Logistical and health concerns are forcing operations to operate remotely and incorporate new technologies. During the months of May and June, the Victorian Government will connect a cohort of highly innovative Victorian mining equipment, technology, and service providers (METS) with key mining stakeholders in Chile and Peru. 

    The companies participating include providers of software solutions, monitoring systems, performance consulting, remote blast detonation solutions, data analysis and highly efficient mineral processing equipment, amongst others. 

    Natalia Gorroño, Senior Trade and Investment Director for Latin America from the Victoria State Government, comments that METS companies have become strategic allies in the Latin mining sector, something that is being promoted throughout this mission. 

    Read the full article here

  • 31 May 2021 8:00 PM | Sarah Carroll (Administrator)

    May 2021 ALABC E-Newsletter

    Dear Members and Friends,

    Welcome to our May 2021 Newsletter.


    We are very pleased to announce that our Annual Report for 2021 is available to read and download. Please download the report here to read about ALABC's achievements and plans for the upcoming year. 

     

    Please see below an outline of the newsletter: 

    • Industry News - A combination of news articles specifically curated for news relevant to the Latin American region. 
    • Upcoming Events - Registration links so that you can secure your place at important business events. 
    • Featured Members - Find out which companies are being featured this month. 
    • New Members - Get in contact with our new member companies to create new business opportunities. 
    • Previous Events - Gain access to previous event photos and webinar recordings to share with your friends and colleagues in social media. 
    • Event Sponsorship Opportunities - Provide more exposure to your business by sponsoring an ALABC event through event partnerships and marketing strategies. 

    Please do not hesitate to contact me should you have collaboration opportunities. I look forward to hearing from you. 


    Yours sincerely,

    Marcelo Salas

    Chief Executive Officer 

    Australia-Latin America Business Council

    ceo@alabc.com.au

    Read full newsletter here. 

  • 3 May 2021 12:52 PM | Sarah Carroll (Administrator)

    Read full report here. 

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