Recent approval of the Sectoral Authorizations Framework Law will reduce permit processing times by between 30% and 70%, without affecting regulatory standards.

Topics: Chilean Economy

After two years with no change, Chile has climbed two places in the IMD World Competitiveness Ranking, reaching its highest position since 2019. This improvement was driven by the country’s economic performance, although challenges remain in infrastructure, productivity, and innovation.

Topics: Ranking- Chilean Economy

The agreement includes a royalty of 6% on net sales for the first 10 years, increasing to 6.25% in the following five years, and reaching 6.5% in the final five-year period.

Topics: Food Industry- Chilean Economy

The proposal aims to simplify sectoral permit processing, reducing processing time and increasing efficiency and certainty in investment projects. The bill is now moving into its second legislative stage in the Senate. 

Topics: Chilean Economy

A new bill aims to increase the participation of women on the boards of publicly traded and special corporations, establishing a suggested maximum quota of 60% for the gender with greater representation.

Topics: Chilean Economy- Best practices

The Foreign Investment Promotion Agency was created in 2016. Since then, it has accelerated the implementation of 220 projects worth US$21 billion from 32 countries.

Topics: Foreign Investment- Chilean Economy

The UNCTAD report highlights the momentum of the extraction of minerals for the energy transition in the region, particularly in Chile, and also emphasizes Chile’s green hydrogen and solar and wind power projects.

Topics: Foreign Investment- Chilean Economy

The reform involves processing authorizations for 37 types of services and involves 16 ministries. It aims to streamline processes, cut processing times and provide more certainty for investment.

Topics: Chilean Economy

The English publication analyzed the performance of the 35 OECD countries based on variables such as inflation, GDP, employment and stock market performance, ranking Chile seventh.

Topics: Chilean Economy

This pact strengthens commercial ties and reinforces shared values and fundamental principles, paving the way for a more prosperous and sustainable future for both parties.

Topics: International trade- Chilean Economy

The Chilean Senate unanimously endorsed a treaty that streamlines trade between both countries after 13 years of discussion.

Topics: Chilean Economy

The legislation, which aims to improve the quality of life of employees and their families, will reduce the workweek for all individuals governed by the Labor Code. 

Topics: Chilean Economy

According to the Boston Consulting Group (BCG), green foreign direct investment (FDI) flows have increased significantly in recent years, becoming the largest FDI category. In this context, Chile has positioned itself as a pioneering country.  

Topics: Foreign Investment- Chilean Economy- Circular economy

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

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

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: Chilean Economy

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

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: Energy- Chilean Economy- Circular economy- Instituciones Financieras

ClaveÚnica (Unique Key) has more than 14 million active users since its implementation. It can currently be used to carry out more than 1,600 procedures in the public sector. Two-step authentication will be implemented in 2023, preventing malicious use and identity theft.  

Topics: Technology- Chilean Economy