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Location, Location, Location!

Miami-Dade is home to 948 multinationals – its 302,917 employees produced $ 186,779,680,891 in 2016! SPONSORS ↑ Free PDF Download ↑ Birds of a feather flock together. The same, to some extent, can be said for multinationals. International bankers have their offices near other international bankers. Logistics companies near logistics companies. Media companies near media companies.…

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Marketing luxury goods in Latin America

Latin America’s economic slowdown is squeezing luxury retailers. What’s more, currency devaluations in the region mean visitors to Miami are spending less on luxury goods when they travel. But top-end retailers aren’t holding their breath until conditions improve. In fact, they say, now is the time to refine their retail strategies for Latin American customers.…

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World’s top trade-related multinationals flock to South Florida

SPONSORS   An important part of South Florida’s multinational community is those serving the $105 billion international trade community that is so critical to Latin America, the Caribbean and, increasingly, other parts of the world. For this analysis, part of a monthly series of reports, WorldCity divided the transportation-related, trade-focused multinationals into four groups: Shipping…

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A fraud-fighting primer from Kroll’s Jim Faulkner

It’s a problem companies endure across the world, from New York to São Paulo – corruption, bribery, theft and fraud. The biggest, baddest non-governmental cop on that beat might be Kroll, the well-known risk mitigation firm. To Jim Faulkner, managing director with Kroll’s Investigations and Disputes Group and head of the firm’s Miami office, understanding…

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Women in the Bosses’ Chair

SPONSORED BY Learn More                                                        Learn More   RESEARCH: Michelle Yan, WorldCity IF THE GOAL IS TO FIND a woman firmly ensconced behind the boss’ desk at 50 percent of the…

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Credit risk in Latin America: Currency devaluations and other challenges

Growing instability in Brazil. A drop in oil prices. Reduced demand for commodities from China: Calculating credit risk in Latin America means analyzing these kinds of shifts along with other economic and financial data.   Antonio Bejarano, who runs the Miami Agency of Banco Internacional de Costa Rica S.A. (BICSA), explained how credit risk works at WorldCity’s…

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Changing corporate culture: Novartis Pharmaceuticals

“Let’s work on your obituary,” the coach said. “What would your wife say about you? What would your kids say about you? What would your friends say?” The coach was speaking at a retreat in the mountains of Chile, working with top executives on ways to bring a greater sense of purpose to their lives…

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Selling pharmaceuticals in Latin America: Johnson & Johnson’s view

Despite challenges from red tape to patent infringement, Latin America offers good opportunities to boost sales of pharmaceuticals, and Johnson & Johnson is committed to the region “for the long term.” That was the word from Antonio Ferreira, Johnson & Johnson’s International Vice President for Janssen Latin America, at WorldCity’s CEO Club meeting held Feb. 5, 2016, in Coral Gables.…

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Diversity: How developmentally-disabled employees help business

There’s more to hiring people with intellectual disabilities than an act of social responsibility. Those employees often become stellar workers and office assets. That was the message from Horace Porrás, vice president of Human Resources for American Tower Corporation Latin America, at WorldCity’s HR Connections held Jan. 22, 2016, at the Hyatt Regency Coral Gables. “I want everyone to think broadly…

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With trade down, Miami looks to handle temperature-sensitive medicines

Falling prices for fuel and other basics cut the value of South Florida’s trade with the world in 2015 for the third year in a row. But the region has potential to boost business longer-term by increasing shipments of high-value medicines, building on new certifications obtained at Miami International Airport. How to attract more temperature-sensitive…

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