Chile reached position 50 out of 132 nations in the innovation index. The country stands out for the quality of its regulatory affairs and the creation of new businesses, which are related to an increase in the use of the intellectual property system as a percentage of total trade.  

Topics: Innovation- Ranking

The report published by Transparency International places Chile 27th in the ranking, the same as last year, while Denmark, Finland and New Zealand top the list worldwide. 

Topics: Ranking- Chilean Economy

Tourism in Chile generated over US$9 billion in income last year. The sector is expected to return to normal in 2023, with a 71% increase in visits over 2022. 

Topics: Tourism

The company purchased a cold storage plant in Buin as part of its plan to invest US$750 million in Latin America by 2027. One third of this will be in Chile. 

Topics: Food Industry

The Productivity Agenda is the result of joint work with Chile’s different business associations and main workers’ organization. The measures aim to create the necessary conditions to boost the country’s economic growth and facilitate investment processes.  

Topics: Chilean Economy

In 2022, the Chilean government achieved a fiscal surplus of 1.1% of GDP. Meanwhile, spending decreased by 23.1% and public debt stabilized at 37.3%. 

Topics: Chilean Economy

The guide has been prepared by the South American country’s Foreign Investment Promotion Agency. It contains the main guidelines to promote this area of the financial industry.

Topics: Fintech

The Canadian company, which has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and United States, will invest US$1.1 billion in 2023. 

Topics: Mining

According to the United Nations Conference on Trade and Development (UNCTAD), negative or slow growth in many economies and further deteriorating financing conditions will put downward pressure on FDI this year.

Topics: Foreign Investment

The Chilean mining sector uses social networks for around 88% of its purchases and sales, according to the 2022 Digital Transformation Index (DTI). 

Topics: Mining- Technology

The South American country is the world’s second largest lithium producer after Australia and holds approximately 45% of global reserves of this mineral, which means that new business opportunities will undoubtedly emerge over the coming years.  

Topics: Mining- Lithium

Salary gaps, unbiased recruitment and women’s leadership development are some of the central issues addressed in a survey of both male and female executives of foreign companies with projects in Chile. InvestChile conducted the study in the first half of 2022. 

Topics: Women- Best practices

The Government of Chile and Toyota have presented the first hydrogen-powered car approved for circulation in the country, with the aim of promoting vehicles that use clean energy in the market.  

Topics: Energy- Green Hydrogen

The company was established in Israel and is listed on Nasdaq. It plans to begin offering working capital.

Topics: Fintech

The operator of Burger King, Starbucks, PF Chang’s and Chili’s has more than 220 restaurants in the country and intends to continue increasing that number by taking a chance on expanding throughout Chile.  

Topics: Foreign Investment- Mexican investment

The Chilean-Finnish fintech has raised US$3 million, and this year anticipates turnover of US$1 million.  The company is able to predict the payment behavior of unbanked people using only their email, address and telephone number.

Topics: Fintech

Chile’s Energy Minister, Mining Minister and Public Works Undersecretary made presentations at the VI International InvestChile Forum 2022 on opportunities that the Chilean Government is offering to foreign investors. The main focus? Sustainability.

Topics: InvestChile International Forum

Companies from Italy, France, Australia, and the United States that are innovating to balance sustainability and efficiency in different Chilean industries discussed their experiences at the VI International InvestChile Forum.

Topics: InvestChile International Forum

Chilean Finance Minister, Mario Marcel, the United States Department of State’s Chief Economist, Emily Blanchard, and the OECD’s Chief Economist and Director of Country Studies, Álvaro Santos Pereira offered their views on the South American country. 

Topics: Chilean Economy- InvestChile Forum

Global services and technology, fintech, circular economy, green hydrogen, and tourism are among the economic sectors that the South American country wants to promote.  

Topics: Global services- Tourism- Chilean Economy- Circular economy- Fintech- Green Hydrogen- Investment Opportunities