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Chile will become first, First World developed country in Latam, says world’s richest man Carlos Sim

Chile will become the first developed country in Latin America, predicted Mexican communications mogul Carlos Slim, the richest man in the world, in an economic presentation given in Honduras last Thursday. The criteria that constitute which nations are and are not considered developed are a subject of some debate. Among criteria considered are economic factors such as GDP, per capita, personal income per capita, and industrialization. GDP is the value of all goods and services provided by a country in a given…

World Renown Investor Jim Rogers gives his view on Farm Land Investments over the next 30 years

By Carolyn Cui from the Wall Street Jornal Agricultural prices have been rallying for several years now, but Jim Rogers thinks there’s still room to grow. The commodities investor said on Tuesday that he is still bullish on agriculture, calling it a great place for investors to be for the next two decades. Prices of agricultural commodities are still relatively cheap compared to those of metals and energy, and the world is scrambling for arable farmlands to feed a growing population, Mr. Rogers told a…

Chile winemaker Concha y Toro will invest $60 million during 2012

Chile winemaker Concha y Toro will invest $60 million into its own business during 2012, chairman Alfonso Larrain told reporters. Concha y Toro, one of the world’s biggest wine exporters, is focusing its business strategy on premium wines to offset the stronger peso and rising production costs. Concha y Toro reported sales of 87.99 billion Chilean pesos ($180.22 million) during 2012’s first quarter, a 13.5% increase on-year after it acquired Brown-Forman Corp.’s (BFA, BFB) Fetzer Wineyards…

Asian investment boom seen in Latin America

Selling soybeans, iron and copper ore and other commodities to Asian countries has transformed Latin America over the past decade, stabilizing economies despite worldwide crises and lifting tens of millions of people into the middle class. Now, say officials from both Asia and Latin America, a second gold rush is under way. by The Associated Press Asian investors flush with hundreds of billions of dollars in cash now see Latin America as a top business opportunity, and they’re flooding into manufacturing,…

Want more startups? learn from Chile

The foreigners will take our jobs away! Only the Nicaraguans will come! You can’t build a Silicon Valley without venture capital. These were just a few of the arguments from opponents of a government program I helped create in 2010 to boost local entrepreneurship in Chile. The program, called Start-Up Chile, seemed crazy at the time. Give $40,000 to startups led by foreign entrepreneurs to move and set up shop in one of the most magnificent countries on this planet for six months—no strings attached.…

South America is voted by International Living Magazine as one of the best places to retire

Each year International Living produces a list that in their opinion reflects the best countries in the world to retire to. Interestingly in 2009 seven of the top ten countries were in South America. I would suspect that unless they change the criteria over the next few years as Europe and the USA struggle to comes to grips with their debt issues, this trend will remain and may even strengthen. We are already seeing a lot of American and Europeans looking to live in Argentina and Uruguay. Unless people…

Jim Rogers: Agriculture in my view is one of the best places to be in the Next 30 Years

Agriculture in my view is one of the best places to be in the Next 30 Years , I mean all these people getting MBAs are making (imperative?) mistake , they should get farming degrees …agriculture has been a disaster for the last thirty years , I think that the agricultural products are going to be one of the best investments over the next several years I think farming , agriculture is going to be one of the best industries in the world as i said all the people that have gotten MBBs have made a mistake…

New Zealanders invest in South America

By ROD ORAM – Sunday Star Times | Milking greener pastures #adp02Faced with high land values and falling milk prices at home, a growing number of New Zealand dairy farmers are invest in South America, the United States, eastern Europe and Russia. They are attracted by rapidly expanding dairy sectors and potentially more profitable business models. By comparison, it gets tougher each season at home to increase production and profitability. These global trends were highlighted at the International Dairy…

Investor Heaven or Hell in Latin America ?

Investor stress levels seem to have diminished considerably over the past 12 months, according to a new poll of investor sentiment conducted at our 15th Annual Investor Conference held January 11-13 in Cancun, Mexico. Each year, we survey investor sentiment to see how attitudes have changed over the course of the previous year. In this survey, fewer investors agreed that it will be tougher to make money in the year ahead compared with last year (35%, against 60% in January 2010), and their level of risk aversion…

Chile celebrates blueberries in China

The Official Ceremony in the Chilean Embassy in China and the launch of the first promotions of this fruit in the BHG Supermarket Chain are amongst some of the actions undertaken last week. The Embassy of Chile in Beijing together with the Chilean Fruit Exporters Association (ASOEX) and the Chilean blueberries Committee organized several events to celebrate and promote the entry of Chilean blueberries into the Chinese market. The activities included an Official Ceremony at the Chilean Embassy in China…

China and the Inter-American Development Bank launch $1 bln Latam investment fund

China and the Inter-American Development Bank said on Monday they are starting a $1 billion fund to invest in Latin America, though the Asian giant’s latest push to expand its influence in the region prompted words of caution from Brazil. To feed its fast-growing economy’s voracious appetite for raw materials, China has invested tens of billions of dollars in the region, from Mexico to Argentina, over the last decade to acquire strategic assets or companies in sectors such as oil, minerals and food…

The ever changing Chilean Export Fruit Market

Since 1960, there are records of Chile, as an exporter of  Chilean Export Fruit  . Since then, every year there have been new varieties of fruits, of which not all are suitable for export. In Chile, for a variety of fruit to be considered suitable for export, it must have a life of postharvest of 5 degrees Celsius for 25 days (in other words, it must have the capacity to be sent by sea). The only fruit that will never meet this requirement but will always be exported are cherries. The varieties of…

‘Un Techo Para Chile’ is finalist for the World Design Impact Prize

‘Un Techo Para Chile’ is finalist for the World Design Impact Prize When design brilliance comes together with social responsibility, great things can happen – and the lives of the poor or disadvantaged can get just that little bit easier. This is the ethos behind the new World Design Impact Prize, created by the International Council of Societies of Industrial Design (ICSID) to honor projects that use industrial design to make a positive impact on our social, economic, cultural, or environmental…

Latin America’s infrastructure grows fast

Latin America’s has long been considered a laggard in terms of global infrastructure development, but that perception should be changing. Countries such as Brazil, Mexico, Chile, Peru, and Puerto Rico have all begun major long-term infrastructure projects ranging from roads to dams to telecommunications towers to airports. Infrastructure development in the areas of energy, transportation and telecommunications have seen the greatest recent growth, with estimates ranging as high as $450 billion, to be…

Chile the most globalized economy in Latin America, says report

Chile has emerged as the most globalized economy in Latin America and moved up to 25th place in the world, according to global consulting firm Ernst & Young. Chile is among the countries to improve their position despite global economic uncertainty, the firm’s annual Globalization Index found. By Payton Guion @The Santiago Times “Unlike other countries, the policies of Chilean governments have promoted openness in times of turbulence, taking the sufficient precautions so the economic turmoil…
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