Tim Sheldon, president of Caribbean and Latin America operations at Marriott International, on Tuesday announced an anticipated 75-percent increase in Marriott's Caribbean and Latin American distribution between 2015 and 2018; the expected increase includes a tripling of the company's presence in Brazil with the addition of at least 11 new hotels spread across the market. 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 »

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 »

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 »

Hilton Worldwide recently announced the signing of two franchise license agreements to convert two Cosmos hotels in Bogotá into DoubleTree by Hilton properties, marking the entry of the brand into Colombia. Read More »

Hyatt Hotels Corporation and LATAM Hotels Corp opened the Hyatt Place Tegucigalpa, located in the Honduras capital city of Tegucigalpa. Read More »

In an effort to beef up its Latin American offerings, Alvarez & Marsal, a worldwide professional services firm, appointed Fabio Pires as its Los Angeles, California-based managing director and Alvaro Araujo as its Miami, Florida-based managing director. It also made Sergio Aguilar the Miami-based senior director and David Arrabito the Los Angeles-based senior director. Read More »

Krispy Kreme Doughnuts announced that it has signed a development agreement with Fraliment S.R.L. to open 12 shops in Bolivia over the next five years. Read More »

Company closing plants in Trombudo Central and Conchal next year. Read More »

Unlike other countries in Latin America with freer exchange systems that have seen deep depreciations of their currencies against the U.S. dollar, Peru keeps its sol currency overvalued through interventions, which not only hurts local exporters, but is destroying its dollar reserves, an expert told Latin Business Daily. Read More »

Bank of America Merrill Lynch on Aug. 10 opened an office in Rio de Janeiro’s Janeiro’s Botafogo district. Rio de Janeiro is Brazil’s second economic capital and a concentration of various industries, including the largest mining and oil sectors. Read More »

World's largest snack maker grew business by 15.1 percent last year in Latin America Read More »

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 »

Cisco Systems said its Latin America supply chain operations-engineering center in Guadalajara, Mexico, has opened. The new center will support the expansion of the firm's supply chain operation in the region. It is Cisco's second office in Guadalajara. Read More »

Alcatel-Lucent Submarine Networks and Ocean Networks Inc. have recently announced their intention to expand the South America Pacific Link submarine cable from Panama to Florida. This will add almost 2,000 miles to the approximately 9,000-mile-long network. Read More »

SC Johnson has been recognized in Brazil as a 2015 Best Workplace by the Great Place to Work Institute. The company ranked 14th on the Great Place to Work list in Brazil, up from 17th in 2013. It was ranked No. 3 for companies of up to 1,000 employees. Read More »

International architecture and design firm Perkins+Will is fully integrating its Sao Paulo office with the Perkins+Will global brand.  The integration of the Sao Paulo office includes changing its name from RoccoVidal Perkins+Will to Perkins+Will. Read More »

JLL has identified Brazil and Mexico as promising life sciences clusters that are ripe for investment for pharmaceutical and biotechnology companies looking for outward expansion, released in its fourth annual Life Sciences Outlook Report. Read More »

A total of three firms -- Bank of America Merrill Lynch, JP Morgan and Itau BBA -- are currently tied and competing for first place within Institutional Investor’s 2015 Latin America Research Team. Read More »

Long-time Ford supplier recognized for body interior work Read More »