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Puratos opens sourdough plant and redoubles its commitment to Chile
Investment in data centers and optical fiber reaches US$1,060 million
Chile is estimated to have between 10 and 15 of these physical mega spaces for storing large volumes of data, and the figure is rising. These are strategic investments.
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Tiny Cabin: Modular hotel project reaches the Carretera Austral
The initiative seeks to create Chile’s largest community of tourist accommodation, motivating entrepreneurs to rent cabins to install on their land.
Hochschild buys rare earth deposit in Chile for US$56 million
The Peruvian mining company stressed that rare earths are essential in a number of technological components and some are critical for the manufacture of the permanent magnets used in electri...
Mainstream obtains financing of US$580 million for project in Chile
Projects in Chile have shown that “we can compete against existing technologies without subsidies,” said Andy Kinsella, Mainstream’s Group Chief Executive.
Employment of women in the mining industry increases by 18.5%
In the rolling three-month period between June and August, 21,607 women were working in the sector, accounting for 10% of its labor force. In the same period, there was also a drop in unempl...
Chile’s trade with China grows
According to SUBREI, Chile’s trade with China reached US$19,055 million in the first half of 2019.
H&M highlights Chile as example: country sales up by 32%
The company’s CEO highlighted its increase in quarterly sales, particularly in the South American country where the Scandinavian chain has 14 stores.
Tourism: First Antarctic cruise ship built in Chile to start season
The ship, which represented an investment of US$50 million, has a double hull with Ice Class PC6 classification, which allows it to sail in frozen seas, breaking the ice as it does so. Its t...
Iberia to use its most sustainable aircraft to fly to Santiago
The airline already has five Airbus A350-900s and will take delivery of 20 of these aircraft by 2023.
Fintech in Latam: They are lasting longer and incorporating more women
A study by Digital Bank Latam shows that more than half of fintech firms in Latin America last more than two years and, in some cases, more than ten years, that over 20% have operations in m...