Paraguayan shoppers used to flock in their droves to the border town of Nanawa to buy cheap imports from Argentina, where the weak peso currency for years kept relative prices low for fuel, medicine and groceries smuggled in across the frontier.
Using $4.2 million in awarded ARPA funds, the city bough nearly a hundred acres of land east of the lake last year with the goal of building new housing.
First-generation e-commerce firms are in the process of creating synergy with newly acquired companies and finding new business opportunities in the increasingly competitive online shopping market, according to industry officials, Monday.
Hundreds of Paraguayans rushed over the weekend to the coastal town of Nanawa – formerly Puerto Elsa – in the Presidente Hayes province to buy cheaper fuel smuggled from Clorinda, Argentina, it was reported.