• 2026.07.21 (Tue)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Business

Paraguayan Pub and Bar Industry 'Gleeful' as National Football Team Qualifies for World Cup

Global Economic Times Reporter / Updated : 2025-09-10 08:30:54
  • -
  • +
  • Print

 

The confirmation of the Paraguayan national football team's qualification for the 2026 World Cup has sparked a nationwide celebratory atmosphere and a positive economic boost. In particular, the pub and bar industry has enjoyed a record-breaking boom as crowds gathered to watch the matches together.

The Paraguayan Bar Association (Asobares) announced that the day of the match against Ecuador on September 4 was the highest-grossing day of the year. Augusto Insfrán, the president of Asobares, said, "There were huge crowds not only on the day of the match but also before and after. Sales have increased significantly since the national team started to gain momentum." He added, "This sales increase has had a positive impact not only on bars but also on related industries, such as food and beverage suppliers."

Sales Surge by 100% After World Cup Qualification Confirmed 

Jorge Martínez, the vice president of Asobares, described the match as a 'historic day' for the pub and bar industry. Martínez emphasized, "Most establishments were at full capacity, and sales increased by a staggering 100%." This sudden surge in demand also had a positive effect on the job market, as temporary employment was increased to cope. Although it was a rainy day with bad weather, it could not dampen the passionate cheers of the football fans.

Meanwhile, the Paraguayan national team's success has revitalized not only the pub and bar industry but also various other service sectors, including the restaurant and entertainment industries. Many Paraguayan citizens headed to bars and restaurants throughout the city center to celebrate the World Cup qualification. This economic ripple effect is expected to continue. President Insfrán stated that the entire industry is excited, anticipating that the upcoming World Cup finals will provide another business opportunity.

A Disappointing Holiday Boost 

However, sales were sluggish on September 5, the public holiday the day after the match. Vice President Martínez explained, "Visitors decreased on Friday because they had already spent a lot of money on Thursday." Nevertheless, he added, "This match was a historic event, and I am very satisfied that the people could celebrate and enjoy it."

The people of Paraguay are enthusiastically welcoming the Albirroja (a nickname for the Paraguayan national team) as they step onto the World Cup stage for the first time in 12 years. The passion for sports is proving to be a significant driving force for economic recovery. The Paraguayan pub and bar industry hopes that this World Cup qualification will lead to sustained sales growth, beyond just a temporary boost.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Samsung
  • #Daewoo
  • #Hyosung
  • #A
Global Economic Times Reporter
Global Economic Times Reporter
Reporter Page

Popular articles

  • Experiencing Eight Islands with Your Entire Body: A Preview of the 2026 Yeosu World Island Exhibition

  • Interview with Kim Jong-gi, Secretary-General of the 2026 Yeosu World Island Exhibition Organizing Committee

  • Samsung Electronics Surpasses NVIDIA to Become Global Leader in Quarterly Operating Profit

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065569406498536 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall
  • AI Drones Take to the Skies in Revolutionary Hunt for Mosquitoes
  • The Gopher Miracle: How a 24-Hour Experiment Transformed a Volcanic Wasteland into a Lush Forest
  • Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization
  • South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won
  • TSMC Hits Record $40 Billion in Q2 Revenue Amid AI Boom, Pledges Additional $100 Billion for US Expansion

Most Viewed

1
Foreign Investors Return But Sell Off 'Samsung & Hynix' as Price Target Cuts Fuel KOSPI Peak Concerns
2
[Special Feature] Laying the Foundation for Korea's Informatization: Looking Back at the 1st Administrative Computer Network Project - Part 1
3
Baek Geum-ja Wooriot to Host 'Musical Costume Fashion Gala Show' at DDP
4
South Korea-Mexico High-Level Policy Consultation Held... Discussing Expanded Cooperation in AI, Space, and FTA
5
Hanwha Aerospace Forges Alliance with 49 Partners to Boost South Korea's Aviation Engine Ecosystem
광고문의
임시1
임시3
임시2

Hot Issue

OpenAI Rebounds in Secondary Market as Valuation Surges 20% in Three Months

South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won

KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers