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Citigroup's Latin American strategy nets rewards entering 2019

by Bree Gonzales | Monday, Jan 7, 2019 @ 4:02am
According to Jane Fraser, Citigroup is the second-largest lender in the Latin American region.

Citigroup’s Latin America CEO Jane Fraser says the bank’s decision to redirect its investments to the 23 countries where Citigroup does business in Latin America is paying off. Read More »

Industrial mining services provider Metso to acquire HighService Service

by Bree Gonzales | Monday, Jan 7, 2019 @ 4:02am
HighService Service is part of HighService Corp, a service provider for the mining industry operating in Chile, Brazil and Argentina.

Metso, an industrial company offering equipment and services for mining companies, has agreed to acquire HighService Service. Read More »

Duque belives science and technology will create positive economic path for Colombia

by Bree Gonzales | Wednesday, Jan 2, 2019 @ 6:49pm
Ivan Duque’s pro-business policies include support for the coal and oil industries.

Colombia President Ivan Duque has promised to turn the country’s economic model. Read More »

Paraguay tells investors its economy is more stable than regional neighbors

by Bree Gonzales | Wednesday, Jan 2, 2019 @ 6:47pm
Jose Cantero said that among South American countries, Paraguay has one of the fastest-growing economies.

Paraguay’s new central bank chairman Jose Cantero has told global investors the country’s economy boasts more stability than Argentina and Brazil. Read More »

Forbes Magazine lists South America’s 10 Most Customer-Focused Companies

by Bree Gonzales | Tuesday, Jan 1, 2019 @ 9:52pm
Arcos Dorados operates or franchises more than 2,100 McDonald’s-branded restaurants.

The magazine notes that businesses thrive in their clients' preferences, which is why they should always bear in mind that customers should be considered in their strategic decisions and programs. Read More »

Report details projections for The Carbon Nanomaterials Market in South America

by Bree Gonzales | Tuesday, Jan 1, 2019 @ 9:32pm
Worldwide Market Reports offers a .pdf brochure of the Carbon Nanomaterials South America Market.

In anticipation of the growing Carbon Nanomaterials Market in South American, reports are available for those interested in further understanding its trends, the market, who are the key vendors and challenges. Read More »

Latin America's venture capital investment booms in 2018

by Bree Gonzales | Thursday, Dec 20, 2018 @ 11:21pm
The growth in Latin America’s venture capital investment has formed an optimistic outlook and series of achievements for the region.

2018 has been a good year for Latin American startups, both for those in the early stage and those that are late-stage investments. Read More »

China's president visits Panama to strengthen fledgling alliance

by Bree Gonzales | Thursday, Dec 20, 2018 @ 11:10pm
Juan Carlos Varela and Xi Jinping signed various agreements.

Chinese President Xi Jinping has arrived in Panama this week to strengthen his country's economic and political influence in Latin America. Read More »

Cuba hears private sector appeals on self-employment controls

by Bree Gonzales | Thursday, Dec 20, 2018 @ 11:03pm
The limit of 50 seats in restaurants has been suspended.

The Cuban government has amended a few items on the new regulation it released past mid of this year, such as eliminating the restriction on the number of business permits a person can have and the limit of 50 seats in restaurants. Read More »

Chile’s electromobility plan moves ahead with fleet of 100 electric buses

by Bree Gonzales | Thursday, Dec 20, 2018 @ 10:44pm
China delivered 100 electric buses to the Port of San Antonio last month.

Chile’s ambition to become a pioneer in the area of electromobility is slowly being realized with the arrival of its first batch of 100 electric buses that came from China and arrived at the Port of San Antonio Nov. 24. Read More »

Movile gets USD$400 million additional iFood funding form Naspers, Innova Capital

by Bree Gonzales | Thursday, Nov 29, 2018 @ 2:22pm

On Nov. 13, Movile, a leader in mobile marketplace announced that Naspers and Innova Capital have pledged to invest USD$400 million of new capital into Movile as an additional investment in iFood, making a current total of USD$500 million iFood funding, the biggest one in Latin American to date. Read More »

GE Power selected by Kerui Metodo Construção e Montagem S.A to provide tailor-made e-house solution

by Bree Gonzales | Thursday, Nov 29, 2018 @ 2:04pm

On Nov. 21, GE announced that GE Power has been chosen to provide the e-house solution and be part of the construction of a natural gas processing unit in Itaboraí, Rio de Janeiro. GE Power was selected by Kerui Metodo Construção e Montagem S.A, led by China’s Shandong Kerui Petroleum and Brazil’s Metodo Potencial. Read More »

Paraguay Bio Green Forum: Inspiring stories and advice

by Bree Gonzales | Friday, Nov 16, 2018 @ 8:45pm

ITAIPU Binational, the Paraguay Biodiversity Program, the World Bank and the Tropical Forest Alliance organized the first green business forum. Read More »

Antoni Lelo De Larrea Venture Partners held a first close of $73 million

by Bree Gonzales | Sunday, Nov 11, 2018 @ 5:27pm

Mexican early-stage investor firm, ALLVP, has a $73 million first close on its latest fund. Read More »

1,000 Yucatán businesses schedule black-out protest against tariff hike

by Bree Gonzales | Sunday, Nov 11, 2018 @ 5:18pm

Electricity will be turned off for an hour on Nov. 13 Read More »

Guatemalan businessman Fernando Jarquín implements vision for development

by Latin Business Daily Reports | Monday, Jun 4, 2018 @ 8:59am

A Guatemalan company is helping schoolchildren from neighboring communities to continue with their studies. Read More »

Emiliano Salinas cuts ties with NXIVM

by Latin Business Daily Reports | Thursday, May 17, 2018 @ 1:40pm

Mexican businessman Emiliano Salinas announced that he has cut ties with NXIVM, the questioned self-improvement organization from upstate New York. Read More »

Fernando Jarquin, Guatemala’s Pharmaceutical Innovator and Entrepreneur, Talks Business

by Latin Business Daily Reports | Thursday, May 3, 2018 @ 9:25am

Latin Business Daily sits down with Guatemala's Fernando Jarquin. Read More »

New Colombia Resources says Sannabis test was successful

by Carol Ostrow | Tuesday, Aug 1, 2017 @ 3:02pm

One man claims his PSA levels were reduced after using New Colombia Resources Inc.'s Sannabis product, the company recently reported. Read More »

Grupo Exito aims to help support Colombia

by Kathy Adams | Monday, Jul 31, 2017 @ 3:40pm

Grupo Exito says it is proud to contribute to the development of Colombia, according to a press release on the company's website. Read More »

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