Chile’s foreign investment records highest growth since 2014
The country’s Central Bank data showed foreign investment grew by 31 percent in 2022. It was the largest growth in almost a decade. The investment...
Category : ECONOMY
South Africa ambassador: my country and Chile have a lot in common
South Africa’s Ambassador to Chile, George Monyemangene, came to Chile in early 2020, when the country was about to go into lockdown over the pandemic....
Is inflation getting in the way of the holiday season?
Despite economists’ fear of recession in 2023, many Chileans aren’t cutting corners on Christmas. A survey conducted by Clever revealed that 42 percent of Chileans...
Chile’s support debtor registry now active
One year after its promulgating law went into effect, Chile’s child and spousal support debtor registry is now operative. The law and registry aim to...
Is Chile entering a recession in 2023?
Despite Chile’s impressive recovery from the Covid-19 pandemic and response, economists forecast a recession for 2023. The Central Bank of Chile reported that the country’s...
What does the reform of the Chilean pension system mean?
President Gabriel Boric recently presented a new bill that seeks to replace the existing Chilean pension system. The bill qualifies the state to be co-administrator...
TPP ratification creates political chasm
Despite opposition from civil society organizations, Chile’s Senate ratified the Trans-Pacific Partnership free trade agreement. Controversy surrounds the treaty, as some claim it will empower...
Chilean government moves forward with the Trans-Pacific Partnership
On Sept. 12, President Boric’s political committee gathered in La Moneda alongside Foreign Affairs Minister Antonia Urrejola and the Subsecretary of International Economics Affairs José...
Chilean Central Bank wrestles with inflation
Inflation is on the rise in Chile, and the Central Bank has released a statement on its plan to fight it. Chile’s annual inflation rate...
Chile to raise taxes and copper mining royalties
Chile’s finance minister announces a new set of tax bills, which target high income earners and major copper mining companies. The bills aim to increase...