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Commerzbank establishes subsidiary in Brazil

by Latin Business Daily Reports | Wednesday, Sep 2, 2015 @ 1:25pm
Commerzbank establishes subsidiary in Brazil.

Brazilian Central Bank (BACEN) has officially allowed Commerzbank to set up a subsidiary in São Paulo, Brazil; business operations for the target group of small and medium-sized enterprises and major capital market companies will be launched in the first quarter of 2016. Read More »

700-MHz spectrum band among best in Latin America

by Latin Business Daily Reports | Wednesday, Sep 2, 2015 @ 11:22am
700-MHz spectrum band among best in Latin America.

The 700-MHz spectrum band is among the best options to accelerate adoption of mobile broadband services in Latin America, according to a report published recently by 4G Americas. Read More »

Amcor completes tobacco packaging acquisition in Brazil

by Latin Business Daily Reports | Wednesday, Sep 2, 2015 @ 9:15am
Amcor completes tobacco packaging acquisition in Brazil.

Amcor Tobacco Packaging announced today the acquisition of Souza Cruz’s internal tobacco packaging operations located in Cachoeirinha, Rio Grande do Sul, Brazil; Souza Cruz is majority-owned by British American Tobacco plc and is the market leader in the Brazilian cigarette market. Read More »

Chilean banks continue to see asset quality improvement

by Latin Business Daily Reports | Wednesday, Sep 2, 2015 @ 8:51am
Chilean banks continue to see asset quality improvement.

The Chilean banking sector's results through July 2015 continue to show a mix of sound credit quality, reasonable asset growth and stable profitability, in spite of sluggish macroeconomic growth during the first half of 2015, says Fitch Ratings. Read More »

Colombia coffee production fully recovers to surpass historical levels

by Renzo Pipoli | Tuesday, Sep 1, 2015 @ 4:01pm

Colombian coffee production has not only recovered its historic average levels but even exceeded them thanks to an intensive effort to renew plantations going back five years, the executive president of the Colombian Association of Coffee Exporters said. Read More »

Panama offers to mediate as Colombia-Venezuela crisis intensifies

by Renzo Pipoli | Tuesday, Sep 1, 2015 @ 2:48pm

The government of Panama has offered to mediate to help Colombia and Venezuela put an end to a humanitarian crisis and commercial disruptions following more than 10 days of closed borders amid a lack of dialogue during the country's dispute. Read More »

Harland Simon to upgrade press controls at La Prensa in Panama

by Latin Business Daily Reports | Tuesday, Sep 1, 2015 @ 2:16pm

Harland Simon has announced it will in charge of changing the press control system for La Prensa's Goss Universal Press in Panama. throughout the project the existing system will remain operational until the new equipment is fully tested. Read More »

Axalta coating systems wins Panama Canal contract

by Latin Business Daily Reports | Tuesday, Sep 1, 2015 @ 2:01pm

Axalta Coating Systems, a supplier of liquid and powder coatings, has entered a four-year contract to supply industrial coatings and architectural building paint that will be used to restore and sustain different buildings and the locks of the Panama Canal. Read More »

Cubix Latin America adding Logitech to its inventory

by Latin Business Daily Reports | Tuesday, Sep 1, 2015 @ 12:59pm

Cubix Latin America, a leader in wholesale technology, recently announced it will now carry Logitech brand products, making them available through all of their e-commerce websites. Logitech products are distributed in more than a 100 countries. Read More »

OTRS Group announces first ticket system training course in Brazil

by Latin Business Daily Reports | Tuesday, Sep 1, 2015 @ 11:30am
OTRS Group announces first ticket system training course in Brazil.

OTRS Group, a provider of open-source and cloud-based service management software solutions, has announced that a new ticket system training will take place in Sao Paulo, Brazil, from Sept. 14 to 17. Read More »

CEVA Logistics launches Orion Mobility app in Brazil

by Latin Business Daily Reports | Tuesday, Sep 1, 2015 @ 11:02am
CEVA Logistics launches Orion Mobility app in Brazil.

CEVA Logistics, a supply chain management companies, has launched Orion Mobility, an application that is part of Orion Transportation Management System (TMS), which will enhance the quality of its services in the Brazilian ground transport market by improving TMS visibility of road trips and providing real-time data to its customers, partners and monitoring team. Read More »

Opportunities for fund diversification exist in Brazil

by Latin Business Daily Reports | Tuesday, Sep 1, 2015 @ 9:58am
Opportunities for fund diversification exist in Brazil.

Due to the easing of limits by the Brazilian Securities and Exchange Commission (CVM) in regards to investment from aboard, portfolio managers and investors will now be able to increase the diversity of their portfolios, at least according to Fitch Ratings. Read More »

Enel Green Power believes it has become Brazil’s top solar firm

by Latin Business Daily Reports | Tuesday, Sep 1, 2015 @ 9:47am
Enel Green Power believes it has become Brazil’s top solar firm.

Enel Green Power (EGP) has been awarded the right to sign 20-year energy supply contracts with the 103 MW Horizonte MP, 158 MW Lapa and 292 MW Nova Olinda photovoltaic projects. Read More »

Gemalto to implement security measures for Latin American mobile infrastructure

by Latin Business Daily Reports | Tuesday, Sep 1, 2015 @ 9:09am
Gemalto to implement security measures for Latin American mobile infrastructure.

Tigo, a Colombia-based mobile network operator, has tapped Gemalto, the digital security firm, to implement a set of machine-to-machine solutions for its mobile infrastructure. Read More »

Avianca seeing nearly 10% increase in passengers from 2014

by Renzo Pipoli | Monday, Aug 31, 2015 @ 12:53pm

Airline holding company attributes growth to growing economy and new routes Read More »

Salvadoran generation of fashion designers takes on world brands

by Renzo Pipoli | Monday, Aug 31, 2015 @ 10:36am
Salvadoran generation of fashion designers takes on world brands.

A handful of young fashion designers from the smallest Latin American country of El Salvador has taken on the challenge of competing against worldwide-known brands by going back to their roots. Read More »

South American retailer Cencosud posts modest revenue growth

by Renzo Pipoli | Monday, Aug 31, 2015 @ 9:57am

Slower electronics sales following World Cup and depreciation of local currencies to blame. Read More »

InterEnergy Holdings acquires power plants from Conduit Capital Partners

by Latin Business Daily Reports | Monday, Aug 31, 2015 @ 9:26am
InterEnergy Holdings acquires power plants from Conduit Capital Partners.

Deal includes 55 percent interest in Panama plant and full interest in Jamaica plants. Read More »

RCB Investimentos associates with PRA Group

by Latin Business Daily Reports | Monday, Aug 31, 2015 @ 8:54am
RCB Investimentos associates with PRA Group.

RCB Investimentos, a platform for non-performing loans in Brazil, announced its partnership with PRA Group, an acquiring firm for non-performing loans in the Americas and Europe. Read More »

International experts discuss future of water in Latin America and the Caribbean

by Latin Business Daily Reports | Sunday, Aug 30, 2015 @ 11:58pm

Body Latin America and the Caribbean Focus was held on Aug. 25, as part of the Stockholm International Water Institute’s (SIWI) 2015 World Water Week, with the presence of high-profile experts and panelists. Read More »

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