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PriceSmart plans new retail warehouses in Colombia, Nicaragua

by Renzo Pipoli | Wednesday, Aug 12, 2015 @ 10:29am

PriceSmart Inc., a company with headquarters in California that operates 37 membership warehouses in Latin America and the Caribbean, plans to add two new sites in Nicaragua and Colombia. Chile and Peru are also of interest to the company. Read More »

Skechers USA turning its Latin America business into a subsidiary

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 7:59pm

Skechers USA, Inc. announced on Tuesday the company is transitioning its business in Latin America from a third-party distributor to a wholly owned subsidiary, Skechers Latin America, LLC. Read More »

Brazil's Braskem leads in industrial production of 'green' plastic

by Renzo Pipoli | Tuesday, Aug 11, 2015 @ 4:40pm

Brazil-based Braskem said it is the first company in the world to produce “green” plastic on an industrial scale. Unlike traditional polyethylene, “green polyethylene is made from ethanol obtained through the processing of sugar cane,” a Baskem official said. Read More »

Bolivian government intensifies gas exploration, reaches accord with native group

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 4:27pm
The oil industry has taken a hard hit with prices falling as much as 50 percent over the past year.

The Bolivian government, which faces a limit of hydrocarbon reserves for another decade, has reached accords with native populations to obtain infrastructure projects while the government will be able to explore and produce gas in protected areas. Read More »

Colombian vehicle sales down on Uber restrictions, fewer bus imports

by Renzo Pipoli | Tuesday, Aug 11, 2015 @ 4:12pm
2014 Chevrolet Cruze

Colombian vehicle sales are down in the first half of this year compared with 2014, in part due to new restrictions related to the use of ride-sharing company Uber, in part due to fewer imports of public transportation buses, and in part for cyclical reasons. Read More »

Textron Aviation to headline Latin American Convention & Exhibition

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 3:28pm

Textron Aviation, a subsidiary of Textron Aviation Inc., this week announced plans to headline the Latin American Convention & Exhibition in Sao Paulo, Brazil, with its three newest aircraft models, all of which have been certified in the last year. Read More »

Textron Aviation expands relationship with TAM Aviação Executive

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 2:05pm
Textron Aviation expands relationship with TAM Aviação Executive.

Textron Aviation Inc. announced Tuesday at the Latin America Business Aviation Convention that it has widened its relationship with TAM Aviação Executive with the approval of its Jundiai, Brazil, facility as an authorized service facility for Beechcraft King Air turboprops. Read More »

Demand for contactless cards to grow in Brazil

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 1:17pm
Demand for contactless cards to grow in Brazil.

Timetric recently published a new market research report that shows the customer demand for contactless cards is prepared to grow in Brazil. Read More »

New study predicts large investments into South American power infrastructure

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 1:07pm
New study predicts large investments into South American power infrastructure.

South America will invest $38.1 billion in modernizing the region’s power infrastructure from 2015 to 2025, according to a new study published on Monday by Northeast Group LLC. Read More »

Uniweld partners with Articco for tradeshow

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 1:02pm
Uniweld partners with Articco for tradeshow.

Uniweld and Articco Inc. recently announced that they have partnered to organize the Dominican Republic HVAC/R Tradeshow on Sept. 3 and 4 at the Club Los Prados located in Santo Domingo. Read More »

Universidad de Las Americas awards top journalists

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 12:50pm
Universidad de Las Americas awards top journalists.

Leading journalists in Ecuador recently received awards at the annual awards ceremony hosted by the School of Journalism at Universidad de Las Americas. Read More »

CEVA Logistics and Universal Music sign contract

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 12:44pm
CEVA Logistics and Universal Music sign contract.

CEVA Logistics, one of the top supply chain companies in the world, and Universal Music, a worldwide music leader with established market positions in music publishing, recorded music and merchandising, recently signed a long-term contract. Read More »

Isolux Corsan delivers solar project to Honduras

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 12:35pm
Isolux Corsan delivers solar project to Honduras.

Isolux Corsan announced last week that it has delivered its first PV Solar project in Honduras on a budget of almost $100 million. Read More »

Telecommunications Corp. subsidiary awarded $1.4 million grant

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 12:21pm
Telecommunications Corp. subsidiary awarded $1.4 million grant.

Telecommunications Corp. on Monday announced that its Arizona-based subsidiary, Comtech EF Data Corp., has been awarded a $1.4 million order for infrastructure equipment. Read More »

Canacol Energy update on production and drilling in Ecuador

by Latin Business Daily Reports | Tuesday, Aug 11, 2015 @ 12:15pm
Canacol Energy update on production and drilling in Ecuador.

Canacol Energy Ltd. recently released an update about its production and drilling that shows that it has made a light oil discovery in Ecuador. Read More »

Toyoda Gosei to purchase stake in Pecval Industria

by Latin Business Daily Reports | Monday, Aug 10, 2015 @ 2:39pm

Toyoda Gosei Co. Ltd. recently announced that it intends to buy a stake in Pecval Industria Ltd., a Brazilian company that makes plastic pieces for automobiles. This move will enhance the business foundation of Toyoda Gosei, which has a growing market in Brazil. Read More »

Ericsson improves IT services in Latin America

by Latin Business Daily Reports | Monday, Aug 10, 2015 @ 2:19pm
Ericsson improves IT services in Latin America.

Ericsson recently announced that it will acquire the assets of Icon Americas, a consulting and systems integration company based in Guatemala. Read More »

New study analyzes Latin American telecomuncations industry

by Latin Business Daily Reports | Monday, Aug 10, 2015 @ 1:55pm

Findings to help define public policy on development of digital ecosystem. Read More »

SapphireBlu Series SSPAs empower 4,000 Ultra HDTV transmissions in South America

by Latin Business Daily Reports | Monday, Aug 10, 2015 @ 1:16pm

Advantech Wireless uses its technology to transmit international football tournament. Read More »

SMA Solar Technology's executive VP assumes roles of president and general manager

by Latin Business Daily Reports | Monday, Aug 10, 2015 @ 12:58pm
SMA Solar Technology's executive VP assumes roles of president and general manager.

Executive Vice President of Sales for the Americas Marko Wittich has assumed the functions of president and general manager at SMA Solar Technology AG. Read More »

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