CENTRAL & SOUTH AMERICA

Over the course of its 80-year history, Banco Bradesco, Brazil’s second largest bank, has built up an intimate knowledge of the nation’s economy and business investment environment. However, the bank is now growing beyond its core markets and expanding into Asia: Having established a base in Hong Kong for its Asia-Pacific operations in late 2019, it intends to take advantage of the Greater Bay Area growth potential to boost its strategy in this part of the world. More

Not long after Mexico announced that it was increasing its single tax rate for postal and courier imports that benefit from simplified entry procedures, Colombia took the opposite route by providing duty-free and VAT-free treatment to such shipments with an FOB value of US$200 and below, not including delivery costs. More

Havaianas, the 58-year-old footwear maker, which took flip-flops global, opened its first Hong Kong office in May last year. Now, after building up a worldwide reputation, which sees 240 million pairs of Havaianas sold in more than 100 countries each year, the Brazilian brand – owned by the Sao-Paulo-based footwear company, Alpargatas – is putting its best foot forward in a bid to make its rubber flip-flops a must-have lifestyle accessory throughout the Greater Bay Area. More

Chile has formally implemented a protocol adopting certain modifications to the bi-lateral tax treaty currently in force between Chile and mainland China. More