Morgan Stanley Capital gave Peruvian officials nine months to raise trading volumes in the Lima stock exchange or else it will move the exchange out of the emerging markets category. The initial reaction in the Lima stock exchange after the Morgan Stanley announcement on Thursday was a “shy” 0.84 percent increase of the stock exchange main index to 10,114.65 points. Read More »

Lorenzo Ortiz, a Puerto Rican filmmaker and comic series creator, has produced an animated version in Spanish language of “The Little Prince” by combining animations with recorded audios of the late renowned Puerto Rican reciter David Ortiz Anglero, his father. Read More »

The Colombia-based junior oil company Petrolatina will manage to increase its sales revenue this year following fast growth from past years even amid sharply lower crude oil prices. Read More »

Sawmills in Brazil have become more competitive in the export market the past few years because of lower sawlog costs as a result mainly of a depreciation of the Brazilian industry, an expert told Latin Business Daily. Read More »

For the past 25 years, the Chilean agriculture ministry´s Institute of Agriculture and Livestock Investigations has kept a highly secured vault built in the middle of a mountain that is meant to protect seeds and preserve agricultural biodiversity in cases of a natural disaster or a human-caused catastrophe. The vault is part of a system of five seed-and tubers-banks across Chile. Read More »

Governments and businesses are bracing for the November arrival of El Nino, a five-month weather phenomenon that many fear will cause massive losses.“We have been following reports of a special committee and things looking worse as time goes by. We do know it will be of a big magnitude,” Carlos Gonzalez, chief of economic studies of the Lima-based Association of Exporters, said. Read More »

Embraer during September received an order for 18 E175 jets from SkyWest, delivered a Legacy 500 business jet to Flexjet LLC, and separately projected its deliveries to China and the rest of the world for the next two decades. Embraer Executive Jets announced Tuesday that Dallas-based Flexjet LLC, a provider of jet ownership services, received its first Legacy 500 business jet. Read More »

Brazilian coffee exports during the first eight months of the year expanded in terms of revenue but were lower in terms of volume compared to the same period last year, thanks to better prices. Brazilian coffee exports reached $4.1 billion during January through August, which was 1 percent more than in the same period a year earlier in dollar terms, Agencia Brasil reported. Read More »

Colombian companies face a challenging scenario as the country´s government, hit by declining oil-related revenue, is increasing taxes to try to offset lost income. Oil related revenues account for a large percentage of government income, so the decline in oil prices “left an important hole,” Natalia O'Byrne, director of Fitch Ratings Colombia, told Latin Business Daily. Read More »

Colombian copyright protection authorities accepted a Disney Enterprises request to block the presentation of a local musical show on grounds it was “unfair competition." Read More »

Latin American spending on security infrastructure in borders, ports, airports and prisons has increased in recent years as countries replace outdated equipment, a security expert told Latin Business Daily. The market for those products has expanded so that it may provide $500 million in sales over five years, Eduardo Parodi with Smiths Detection said in a telephone interview Friday. Read More »

Unlike the rest of the world where technology brands are the most valuable, beer names are worth the most in Latin America and this year Brazilian beer Skol overcame Corona to become the brand with the biggest value in the six countries surveyed. “The difference between both brands is minimal. One is worth $8.5 billion and the other $8.476 billion,” Fernando Alvarez said. Read More »

The Argentine National Commission of Space Activities, known as Conae for its Spanish-language acronym, is preparing two satellite missions including one in cooperation with Brazil, a Conae official said. “Conae has developed four missions, all of them satellite cooperation for scientific applications and all with NASA,” chief of the ongoing SabiaMar satellite project said. Read More »

Intercolombia, a company owned by Colombian power company ISA, has just installed a $61 million stabilizer system to prevent power oscillation and keep the right electricity tension for residents and industry in the Bogota area. The system, known as a Static Synchronous Compensator, will “guarantee and improve the stability” of the energy supply to central Colombia. Read More »

Colombian swim and resort apparel maker Ondademar, which owns approximately 50 beachwear stores worldwide and exports to approximately 80 countries, continues opening new stores and introducing new styles as part of a very fast expansion. Read More »

Advertising technology company AppNexus, with headquarters in New York and operations on five continents, bought Sao Paulo-based RealMedia Latin America to gain local expertise as it expands in the region. “The goal of the acquisition was to provide us with deep local expertise as we service our clients and grow our business in that region," AppNexus Vice President John Barr said. Read More »

The Hong Kong Nicaragua Canal Development Co. (HKND Group) said this week it started an aerial survey along the proposed canal route planned by the Chinese group and the Nicaraguan government as a larger alternative to the Panama Canal. The survey will cover the 172.5-mile canal corridor connecting the Atlantic to the Pacific and a 1.25 mile-wide circumference of Lake Nicaragua. Read More »

Trideo, an Argentine company started in 2014, is offering 3D printers that are fully made in the country. “The printers are entirely made here. ... Considering the limitation of imports and the exchange policy it is an environment somewhat special to buy machinery from abroad, but we can say we are in the range for similar machines," company co-founder Nicolas Berenfeld said. Read More »

The Latin American animated film industry has managed several successes by joining forces, but it still works hard to overcome hurdles, an animated film producer told Latin Business Daily. Milton Guerrero, who produced the 3D animated film A Mouse Tale, said that obtaining funds is perhaps the biggest challenge in Latin America  since animated films are still a niche product. Read More »

Four young Argentines are running a school that in two-and-a-half years has managed to attract more than 100,000 Spanish-speaking users worldwide and which seeks to be different as it was designed both to be very flexible as well as to offer either a free or a very low cost education. Read More »