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President Piñera announces injection of US$475 million in housing and urban infrastructure to boost economic reactivation

President Piñera announces injection of US$475 million in housing and urban infrastructure to boost economic reactivation

Investment
January 23, 2020

The initiative will permit the construction of 10,000 dwellings, plus subsidies to give families access to a house, and will create jobs in the construction sector.

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Government presents climate change bill to diminish the phenomenon’s negative impacts in Chile

Government presents climate change bill to diminish the phenomenon’s negative impacts in Chile

Investment
January 23, 2020

Under the initiative, Chile would be carbon neutral by 2050. It also creates incentives for companies and individuals to make donations for the protection, care and conservation of the environment and the implementation of climate action projects.

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Government presents bill to improve pensions, with a focus on women, the middle class and people dependent on care

Government presents bill to improve pensions, with a focus on women, the middle class and people dependent on care

Investment
January 23, 2020

The initiative will benefit over 1 million pensioners and will mean a gradual increase in the contribution rate from 10% to 16%. Pensions will improve by between 20% y 32%.

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Positive balance for the first Export Meeting dedicated to Creative Industries

Positive balance for the first Export Meeting dedicated to Creative Industries

Foreign Trade
January 20, 2020

Enexpro "Chile, Live Talent" brought together more than 200 national companies with thirty importers from sectors such as music, animation, audiovisual, editorial, fashion, graphic narrative and video games; and seven ProChile´s professionals from markets such as Spain, Poland, Mexico, Brazil, Japan and the United States.

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Finance Ministry announces Agenda for Better Public Spending

Finance Ministry announces Agenda for Better Public Spending

Investment
January 15, 2020

Ignacio Briones announced three concrete steps in this direction: the creation of a Public Spending Commission (CGP); a protocol of agreement between the Finance Ministry, the Senate and the Chamber of Deputies; and the strengthening of the technical teams of the Budget Office and the Finance Ministry.

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Government launches campaign to promote adventure tourism in Chile

Government launches campaign to promote adventure tourism in Chile

Tourism
January 10, 2020

The Ministry of Sports, the Undersecretariat for Tourism and the Imagen Chile Foundation presented the Welcome to #AdventureTourism campaign.

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WTA: Chile triumphs for fourth time on Adventure Tourism and is crowned as World’s Leading Green Destination

WTA: Chile triumphs for fourth time on Adventure Tourism and is crowned as World’s Leading Green Destination

Tourism
January 8, 2020

The prizes were announced during the 26th World Travel Awards which, through a voting process, celebrate the world’s principal tourism destinations and respect for extreme nature.

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Ministry of Housing and Urban Development to invest in recovery of public spaces after demonstrations

Ministry of Housing and Urban Development to invest in recovery of public spaces after demonstrations

Logistics and Infrastructure
December 23, 2019

Minister Cristián Monckeberg announced details of the projects selected to repair public spaces that have been the focus of demonstrations.

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December 2, 2019

Agreement for Social Peace and a New Constitution

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MORE NEWS

Foreign direct investment increased by 78% in 2019 to US 10,797 million

Investment
February 10, 2020
Foreign direct investment increased by 78% in 2019 to US 10,797 million

The most important component of the inflow was equity, which accounted for US 6,821 million.

The Economist upgrades Chile to “full democracy” on the 2019 Democracy Index

Investment
February 6, 2020
The Economist upgrades Chile to “full democracy” on the 2019 Democracy Index

Only three Latin American countries are in this category.

IMACEC for December increases by 1.1% year-on-year, ahead of market expectations

Investment
February 6, 2020
IMACEC for December increases by 1.1% year-on-year, ahead of market expectations

The indicator recovered from its drops in October and November.

Chile presents its international tourism promotion campaign at FITUR 2020

Tourism
February 5, 2020
Chile presents its international tourism promotion campaign at FITUR 2020

The campaign is focusing on sustainable tourism development as well as the wide array of nature and adventure experiences Chile offers.

Chamber of Deputies dispatches Pension Reform to the Senate and the government hopes it will become law in March

Official Information
February 4, 2020
Chamber of Deputies dispatches Pension Reform to the Senate and the government hopes it will become law in March

The bill is now ready to start the second stage of its passage.

Senate approves Tax Modernization bill and is now ready to be promulgated

Investment
January 30, 2020
Senate approves Tax Modernization bill and is now ready to be promulgated

The project raises revenues in a progressive way, fosters investment and simplifies the tax regime for SMEs.

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