The Inter-American Development Bank (IDB) approved a $300 million loan to support the energy transition process in Chile, according to a statement.
This is the second and last operation of a policy reform support program in the Andean country. The first $50 million operation was approved by the IDB…
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Chile
Chile reaches double-digit inflation
The Chilean Consumer Price Index climbed again in April to stand at an interannual rate of 10.5%, according to data released by the National Institute of Statistics (INE).
The new increase in the price of products and services was caused…
Netflix will apply tax for those who share passwords
The American entertainment company Netflix announced that it will apply a guilt tax for those users who share their passwords with people who do not live in the same house as the account holder, as a business strategy to avoid the violation…
Entel and Almendral shares rise more than 7 points
The shares of the telecommunications company Entel began the day on the Santiago de Chile stock exchange with a rise of 7.09 %, becoming the highest indicator recorded since last February 28. While the controlling holding company Almendral…
JPMorgan will seek 500 employees in Latin America
JPMorgan intends to hire more than 500 people in Latin America in the next three years as it gains market share and takes advantage of the surge in the acquisition financing business.
JPMorgan's hiring plans for the next three years will…
Chile stock market falls after Boric’s victory
The Santiago de Chile Stock Exchange suffered a 4.96% drop this Monday, just after an election day in which the candidate of the Chilean left, Gabriel Boric, prevailed in the presidential elections against the far-right Antonio Kast.…
Indonesia became the country with the greatest global interest in cryptocurrencies
In the year 2021, cryptocurrencies have had a very important development worldwide. Australian blockchain education startup Coinformant carried out a study that determined that Indonesia ranks first among the countries with the most…
Economic growth in Latin America will be 6.3 %
The International Monetary Fund (IMF) published the new estimates on economic growth for Latin America in 2021, raising them to “6.3 %, that is, half a point above its July forecast, thanks mainly to the good development of the raw material…
Venezuelan Zailú Ochoa is a pioneer in holding a prominent position in the Chilean mining sector
After 16 years of experience and occupying demanding professional positions, at a key level in regional and national companies, the industrial engineer Zailú Ochoa stands out in the Latin American business sector, being the first Venezuelan…
Chile’s GDP registered 1 % growth in the second quarter of 2021
The second wave of the Covid-19 pandemic has left a deep mark in Chile. However, according to data provided by the Central Bank recently, during the second quarter of the year the country's Gross Domestic Product (GDP) showed a slight…
Chile requires clear regulation for the financial sector
Felipe Harboe, constituent member and former PPD senator, believes that banks have put barriers to certain financial services that are not within the traditional system because "they seek to defend their business model, which is to be the…
IDB grants credit to Chile to help decarbonization process
The Inter-American Development Bank (IDB) approved a 50 million dollar loan for Chile with the aim of accelerating decarbonization in the Andean country and supporting the national strategy of producing green hydrogen by 2030.
Chile plans…