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| Nov 27, 2024 | Future Food Quick Bites: Coconut Latte Pods, Vegan Lakers & Iowa SNAP Decision | 5 Mins Read In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Coconut Cloud’s coffee pods, Better Balance’s Crypto.com Aren... |
| Aug 3, 2022 | Chileans Take Refuge in Stablecoins Amid Economic Turmoil | Accustomed to living in the most stable economy in Latin America, residents of Chile are turning to stablecoins to protect their assets from recent record inflation and the increasing devaluation of the peso. Local crypto exchanges have see... |
| Apr 3, 2020 | Emergency meeting in Chile paints dire picture of salmon supply chain | Workers in Chile’s salmon processing sector have been protesting on the island of Chiloé – an industry production hub – arguing the companies they work for are not doing enough to protect them from the COVID-19 virus.
Last week, the nationa... |
| Mar 31, 2020 | Chile’s Health Ministry closes off Chiloé, salmon farmers adjusting | In an attempt to curb the further spread of COVID-19, Chile’s Health Ministry (Minsal) has declared the southernmost city of Puerto Williams under quarantine and the closing off of the Island of Chiloé, where much of the country’s salmon fa... |
| Mar 26, 2020 | Change of clothing every hour: Chilean fisheries confront COVID-19 | As the number of confirmed COVID-19 cases in Chile rises, the country’s seafood industry is working to manage the spread of the virus.
“The COVID-19 pandemic puts us all to the test: people, industries, and governments. We can clearly say t... |
| Dec 10, 2018 | 2018: The Year VC In Latin America Began To Close The Gap | 82 Shares Email Facebook Twitter LinkedIn
Nathan Lustig is a serial entrepreneur and managing partner at Magma Partners, a seed-stage investment fund with offices in the US, Latin America, and China. Follow him on Twitter @nathanlustig.
In ... |
| Dec 10, 2018 | 2018: The Year VC In Latin America Began To Close The Gap | 83 Shares Email Facebook Twitter LinkedIn
Nathan Lustig is a serial entrepreneur and managing partner at Magma Partners, a seed-stage investment fund with offices in the US, Latin America, and China. Follow him on Twitter @nathanlustig.
In ... |
| Apr 17, 2018 | AquaChile makes USD 200 million offer for Friosur | AquaChile is interested in acquiring the salmon business of Friosur and has made an offer of USD 200 million (EUR 161.8 million), according to a report in Chilean business daily Diario Financero.
Friosur has been in the process of divesting... |
| Dec 6, 2017 | SalmonChile names Arturo Clement new president | Arturo Clement, the former general manager of salmon farming firm Multiexport Foods and the founder of SalmonEx and DataSalmon, will become the president of Chile’s salmon industry association, SalmonChile.
Founded in 1986, SalmonChile is c... |
| Apr 6, 2017 | AquaChile develops new tech to genetically enhance tilapia, salmon | AquaInnovo, a research and development extension of aquaculture giant AquaChile, has constructed a technology geared toward genetically improving tilapia, as well as a digital chip aimed at analyzing the genetic make-up of select Atlantic s... |
| Jun 21, 2016 | Chile proposes new rules reforming salmon farming industry | A new set of rules designed to reform the salmon farming industry have been proposed by the Chilean government.
The rules will set higher sanitary standards and set limits for growth rates of salmon farms, as well as encouraging lower use o... |
| Jun 3, 2016 | Chile introduces new aquaculture laws, salmon farmers appeal | Representatives of Chile's salmon farming industry are challenging that country’s proposed new rules governing the industry, which are in the process of being reformed in the wake of a deadly algal bloom earlier this year.
According to a re... |
| May 6, 2016 | No breaks for Chile: AquaChile CEO steps down, ISA virus confirmed, algae blooms again, workers strike | Still reeling from the aftereffects of an algal bloom that wiped out more than 100,000 tons of farmed salmon, Chile’s aquaculture industry is facing a new set of challenges that have already toppled the CEO of one major player in the busine... |
| Apr 5, 2016 | AquaChile and Camanchaca lay off hundreds following algae bloom losses | The disastrous spread of a toxic algae bloom in Chile’s Region X over the past month-and-a-half is resulting in mass layoffs for workers in factories that no longer have any salmon to process.
Camanchaca, the salmon farming company with a l... |
| Mar 9, 2016 | Chile algae crisis: Financial loss, potential gains and the future of the Chilean salmon industry | Chile, the world’s second-largest fresh salmon exporter, has suffered losses equivalent to 90,000 tons of farmed Atlantic salmon to the recent algal bloom in the Los Lagos region of Chile, according to a spokesperson for the Chilean salmon ... |
| Oct 16, 2015 | Chile's President Bachelet's New Constitution Plans Face Obstacles | President Michelle Bachelet has put Chile en route to drawing up a new constitution to replace the one imposed by the dictatorship of Augusto Pinochet, but the road ahead is far from smooth.
"The current constitution comes from a dicta... |
| Peru's Congress choose Francisco Sagasti as temporarily President | After Peru’s President Manuel Merino resignation, Peruvian Congress voted for Francisco Sagasti to be the new temporarily President. Peru’s elections will be in April 2021 and Sagasti will assume the presidency up to July 28, 2021, reported... |
| Chilean retailer Falabella to shut physical operations in Argentina: only e-commerce from now on | Stores in Argentina were the ones that remained closed the longest in the region;
Falabella will serve Argentina only via e-commerce.
South American retail giant Falabella is closing all its stores in Argentina, operating in the country onl... |
| Chile presents minimum income project for vulnerable families | Chile‘s government presented a minimum income project for vulnerable families affected by the coronavirus economic crisis. The ‘Minimum Emergency Income‘ targets 60% of the most vulnerable families in Chile that obtain most of their income ... |
| Latin American companies' and their employees' efforts to curb coronavirus impacts | While coronavirus outbreak spreads over Europe and the Americas, not only governments are strengthening efforts to tackle the pandemic, but some companies and their employees are raising new initiatives in order to curb the crisis impacts. ... |
| Chile's economy plunged in December to its worst record since the 1980s crisis | Chile’s monthly economic activity index Imacec dropped by 0.4% in December 2020 compared to the same month of 2019;
As a result, the country’s economy ended 2020 with a 6% preliminary drop, an unseen figure since Chile’s crisis in the early... |
| Cornershop to launch new job positions in Latin America | Oskar Hjertonsson, founder and CEO of Cornershop, has published this Tuesday, 12, in his Twitter account, the announcement of new positions in the company. Mexican Cornershop is an on-demand grocery delivery service that allows customers to... |
| Mexican antitrust watchdog approves Uber's Cornershop acquisition | Terms of the deal haven’t been disclosed;
Cornershop Mexico will continue to operate independently until the acquisition is completed.
Mexico’s antitrust regulator Cofece has approved Uber‘s acquisition of the Chilean grocery delivery platf... |
| COVID-19 vaccinations to begin in Mexico and Chile on Thursday | COVID-19 vaccinations will begin in Mexico and Chile on Thursday, Mexican President Andres Manuel Lopez Obrador and Chilean President Sebastian Piñera said on Wednesday.
In Mexico, the first batch of vaccines, produced by Pfizer, are expect... |
| Mercado Pago joins the controversial battle against Transbank's interchange fees in Chile | Transbank has the acquiring monopoly of Chile’s payments sector since the late 1980s;
Last week, the Chilean Senate dispatched and approved a project that overhauls the structure of the local acquiring market.
The battle against Transbank‘s... |
| Colombia's economy rebounds in Q3, Chile as well, but not that much | According to Oxford Economics, the recovery in Colombia is being pushed by household consumption and investment, which grew by 9.4% and 21.3% quarter over quarter in the country;
As well as in Colombia, household consumption is leading the ... |
| Chilean Falabella to close brick-and-mortar stores in Argentina | The company explained that this restructuring strategy is important “to make the operation of its subsidiaries sustainable” in Argentina;
The Chilean retailer had 10 stores in Argentina.
South American retail giant Falabella announced on Mo... |
| Chile is about to approve its first regulatory framework for fintechs | From a resolution by the Ministry of Finance in 2016, which authorized non-banking entities to operate payment services, until September this year, when the so-called “Fintech Law” reached the Lower House of Congress, Chile saw its ecosyste... |
| Latin America tights restrictions concerning COVID-19 variant | Colombia and El Salvador, alongside Chile, were the first ones to cancel flights to and from British territory over the weekend;
Uruguay completely closed its borders until January 10.
Latin America tightened restrictions due to a new COVID... |