Chile Grapples with Online Gambling Regulations
Chile’s gambling industry is in a state of flux, with the nation yet to implement a regulatory framework to oversee the online sector. Despite boasting...
Category : ECONOMY
Historic drop in poverty rate in Chile, government says
The poverty rate in Chile stood in 2022 at an historic low, national survey Casen said. Extreme poverty is declining too. Authorities say the results...
Chile receives US$1 billion in funds for development of green hydrogen
With its abundance of renewable energy sources, Chile could play an important role in the global energy transition. The country is the most competitive producer...
Chile joined China’s Belt and Road Initiative five years ago. Here is what has happened since
Chile joined China’s Belt and Road Initiative five years ago in 2018. China has become Chile’s biggest exporter and importer in recent years. Here’s a...
Santiago second most expensive city in Latin America for price per square meter
A recent study found that Santiago is the second most expensive city in Latin America in terms of price per square meter for apartments. The...
Government shuts down state-owned copper smelter in Quintero
The government shut down the Ventanas copper smelter in Quintero Bay on May 31. The closure follows reports of poisoning among students and teachers of...
Chile receives Russian oil despite siding with Ukraine
In the wake of EU sanctions imposed after the invasion of Ukraine, Russia has been diversifying its oil customer base. A shipment is headed for...
Senate approves mining royalty bill
Chile’s Senate approved the mining royalty bill. It is aimed at enabling non-mining areas to benefit from the country’s mineral wealth. The bill went back...
Chile’s Navy on alert as Chinese squid-fishing fleet enter Chilean waters
The Chilean government is on alert as the Chinese fleet enters Chile’s sea territory on May 2. The Chinese fleet is said to consist of...
Chile seeks to nationalize lithium industry, minimize extraction impact
Chile plans to nationalize its lithium industry, the president announced on April 20. The proposal seeks to boost the country’s wealth and shift towards a...