Innovation, the Porsche way
How does the icon in sports car design and engineering manage its innovation process. Lessons to be learned from one of the world´s best. Interview with Matthias Brück, CEO for Porsche Latin America.
2013 Revenue Forecast for the Top Companies in Latin America
While firms in industries related to massive consumption and commodities will generally have a favorable performance, those in activities, such as telecoms and oil production will probably underperform. Important downside risks to our projections prevail.
“We will capitalize the Central Bank if necessary”
Peru will have a stronger stance against currency appreciation. FDI will increase by 25 percent this year to reach $14 billion. Exclusive interview with Peruvian Minister of Finance, Luis Fernando Castilla.
Peru: Some Optimism
Some executives voice optimism that Peru's president-elect Ollanta Humala will follow today's economic policies.
Brazil's Tax Monster
Brazil's tax system is the most negative aspect of doing business in Latin America's largest economy.
Brazil Helps Boost Xerox
Brazil, Mexico and Chile help boost Xerox sales in Latin America, compensating for negative impacts in markets like Venezuela.
Cafe Britt Eyes Europe, IPO
How Costa Rica's Cafe Britt has become the country's most international company. Now it's eyeing Europe and an IPO.
Peru's Pisco Boom
Peru pisco exports have grown an impressive 215 percent over the past six years.
Colombia: Call Centers Boom
Colombia's call center business has grown significantly and is expected to expand revenues fourfold by 2012.
Latin America PC Sales Grow
Latin America's computer market will grow by double digits this year, spurred by netbook and notebook sales.
Mexico: Slowly, But Surely
Mexico’s business and economic outlook is improving, albeit at a slow pace. Key challenges remain, including uncompetitive energy and labor markets.
Mexico Outlook Q&A
Latin Business Chronicle asks leading business people and experts about Mexico's business outlook.
Latin America Helps Barcelo
Spanish hotel group Barcelo sees volatile results in Latin America this year, but expects better times next year.
G4S Secures Latin America Growth
Security giant G4S is seeing double-digit growth in Latin America despite the economic slowdown. Argentina is the star performer.
Panama Economy Holding Up
Panama’s economy will be among the fastest-growing in Latin America this year despite the global crisis.
Copa: Another Record Year
Panama’s Copa set a new record in 2008 and expects another good year, albeit with challenges in demand.
Cartagena Tourism Grows
Colombia’s resort city Cartagena is becoming a growing attraction for everyone from Bill Clinton to Ivanka Trump.
Cuba Telecom: No Quick Boom
President Obama's liberalization of Cuba restruictions won't lead to any overnight boom in U.S. telecom services on the island.
Copa: Another Record Year
Panama’s Copa set a new record in 2008 and expects another good year, albeit with challenges in demand.
Latin America: Legal Disputes Grow
Legal disputes with governments as well as other private parties are growing in Latin America and are likely to increase further this year.
Latin America Disputes Q&A
Latin Business Chronicle asks leading experts about Latin America’s growing legal disputes and the outlook this year.
Brazil: Mixed Business Outlook
Brazil’s economy will fall this year, but business leaders remain optimistic about its outlook due to good fundamentals and huge potential.
Dutch-Latin Trade Boom
The Netherlands has replaced Germany as Latin America’s largest EU market. Chile is losing out in EU trade.
Mexico Success for Jones Day
Mexico and infrastructure work in countries like Brazil, Colombia and Costa Rica are driving Jones Day's growth in Latin America.
Fulbright: China-Latin Growth
Fulbright & Jaworski boosted Latin America business last year and expects this year’s business to be helped by growing ties with China and the Middle East.
ACE: Latin Premiums Jump
Latin America is the fastest-growing region worldwide for ACE thanks to strong growth in Brazil and Mexico.
Dialogic: Latin Sales Jump
Dialogic boosts Latin America growth and expects moderate growth this year despite the region's economic slowdown.
Latin America Real Estate Outlook
Brazil's real estate market has the best outlook this year, but it will be affected by the growing credit crisis and economic slowdown.
GM Sets New Record
General Motors gets a boost from Latin America, especially Brazil, Andean markets and Uruguay.
PDVSA Finances Suffer
Venezuela's state oil company PDVSA will likely have to cut staff as a result of falling revenues and growing costs, risk analysts warn.
Passenger Growth, Cargo Decline
Latin America is among the global winners in passenger traffic growth, but among the losers when it comes to cargo traffic.
Latin Outlook: Trade, FDI Drops
Latin America's trade and FDI will likely drop by double-digits, but Brazil will likely manage to cope better than most countries.
Terra Expands, Revamps
Terra expands its operations - and revamps its content - even in the midst of a financial crisis.
Mexico-U.S. Exports Decline
Latin America's overall exports to the United States barely grew, while U.S. exports continue at double-digits.
Latin America More Globalized
Most countries - including Brazil and Mexico - become more globalized. Nicaragua improves most, Panama remains the leader.
Latin Ads: Better Than Expected
Latin America’s ad market will do better this and next year than originally expected. Brazil still leads the way in size and growth.
China-Latin Boom Continues
Chinese trade with Latin America continues to grow at a rapid pace and will likely get a boost from new trade and investment pacts.
Argentina Exports Beauty
Argentine beauty products company successfully moves beyond its local market through exports to the United States and elsewhere.
Mexico: Weaker Outlook
Mexico's economy is weakening further, while inflation is rising. In contrast, Brazil is faring much better.
Colombia FTA Next Year?
The US-Colombia FTA may be approved late next year despite president-elect Barack Obama's campaign rhetoric against it.
Venezuela Boom Slows Down
Falling oil prices mean weaker economic growth for Venezuela, but inflation will likely to grow at record levels.
Latin Trade Slows Down
Latin American trade is slowing down, partly thanks to the U.S. crisis. However, Colombia, Peru and Uruguay are boosting their trade.
Peru's Legal Boom
Peru's legal sector is booming thanks to a strong economy, investment grade and a trade agreement with the United States.
Latin America Helps Avon
Latin America is not only the fastest-growing region for Avon anywhere worldwide. It is also its largest region, beating North America.
Nicaragua: Uncertain Outlook
Can contact centers provide a cushion for Nicaragua as it suffers from growing political and economical uncertainty?
Brazil: Uncertainty Grows
Consumers in Brazil are growing worried about the future, which will likely cool down the once-hot retail sector.
Panama: Good Outlook
Panama's economy continues to grow, helped by the Canal expansion, construction, tourism and telecommunications.
Codelco Banks on Expansion
Chile’s Codelco, the world's largest copper producer, hopes increased production will help offset falling prices.
Trade Helps Offset Crisis
Trade is providing a silver lining for both the United States and Latin America amidst the global credit crisis.
Despite rising fuel prices and problems in the aviation sector in general, Colombian airline Avianca is booming.
Mexico Outlook Q&A
Latin Business Chronicle asks leading experts about the economic and business outlook in Mexico.
Mexico: The Cost of Crime
Mexico's economy is hit by the violence from organized crime, but foreign investors hope the government's anti-crime plan succeeds.
Trade Costs: Venezuela Worst
Panama, the Dominican Republic and Chile have the best overall trade climate, while Venezuela and Haiti have the worst.
Asia-Latin Trade Q&A
Latin Business Chronicle asks leading experts about the outlook for Asia-Latin American business and trade.
Latin Business Chronicle asks leading experts about the economic and political outlook in Argentina.
ALL: Strong Outlook
America Latina Logistica is set for another strong year, helped by a continued commodity boom and its own impressive transport network.
Peru Leads GDP Growth
Latin America's GDP will grow higher than the IMF predicts, ECLAC says. Meanwhile poverty has been falling since 1999.
NII Holdings: Good Outlook
NII Holdings is expected to deliver a solid second half in line with its strong first half, experts say. Brazil leads the growth.
US Trade: Colombia Grows Most
U.S. trade with Colombia is booming even without a free trade agreement. Overall US trade with Latin America is picking up.
Disposable Paper Products Grow
Sales of disposable paper products are growing in Latin America helped by new offerings and increased purchasing power.
Novartis: Healthy Latin Growth
Novartis is growing in Latin America thanks to medicines like Voltaren and Diovan and markets like Brazil and Venezuela.
GOL: Carrying the Varig Burden
The Varig acquisition is hitting GOL profits. Will the company be able to return to profitability this year or face further problems?
Delta: South America Boost
Strong growth in South America is helping boost Delta's revenues in Latin America amidst fuel hikes and a U.S. slowdown.
Chrysler: Latin Boost
Chrysler is booming in Latin America thanks to models like the Grand Cherokee and markets like Brazil and CAFTA.
Brazil More Competitive
Chile and Peru are the most competitive economies in Latin America, while Venezuela and Argentina remain the least competitive.
Chile: Star With Challenges
Chile remains the star of Latin America when it comes to business climate, but it also faces several growing challenges.
German-Latin Trade Grows
Germany's trade with Latin America is setting new records, led by strong growth with Brazil and Argentina.
Latin 3G Outlook: Q&A
Latin Business Chronicle asks five leading experts about the outlook for 3G in Latin America.
Brazil Keeps Booming
Brazil reaches investment grade earlier than expected. Meanwhile, FDI is setting new records. Brazil's boom appears without end.
Oxy Denies Peru Blame
Occidental is blamed for environmental damage in Peru - nearly a decade after it left and transferred operations to another company.
Q&A: Lou Viveros, Logitech
Lou Viveros, Latin America vice president for Logitech, talks to Latin Business Chronicle about the company's results and outlook.
Panama FTA: Uncertain Fate
It is unclear when the U.S. Congress will vote on the Panama free trade agreement, but the country continues to boost its trade.
Brazil: Full Speed Ahead
Brazil is set for another strong year despite the U.S. slowdown and growing global credit crunch, experts say.
China: Latin Business Boom
China's trade with, and investments in, Latin America are growing significantly and expected to continue doing so in the future as well.
Panama Merchandise Mart Expands
Panama International Merchandise Mart aims to become Latin America's largest, thanks in part to Chinese and Indian companies.
Brazil Piracy Remains Problem
Piracy of software, music and other products remains a major problem in Brazil. But progress is being made in IPR in general.
Guadalajara Expands Offer
Mexico's "Silicon Valley" is boosting office and industrial space, driven in part by new demand from logistics companies.
Latin Flower Exports Grow
Latin American exports of flowers grew over Valentine's Day and are expected to increase again for Mothers's Day.
Venezuela's Wireless Boom
Wireless in general, and GSM in particular, is exploding in Venezuela. Meanwhile, the overall economy is deteriorating.
The Case for NAFTA
NAFTA benefits both the United States and Mexico, experts say. Any renegotiation would result in U.S. job losses, they say.
Coffee Chains Change Market
The growing presence of international and national coffee shop chains, is starting to change Latin America's coffee consumption.
Latin Wireless: Strong Growth
An in-depth report on the fast-growing wireless market in Latin America. Both operators and handset vendors are gaining strongly.
Caterpillar's Latin Sales Grow
Caterpillar boosts sales in Latin America, in large part thanks to the commodity boom. And prospects are bright for continued strong growth.
Latin Servers: Unisys Jumps
Unisys, Sun and HP posted the strongest growth in Latin America server revenues. IBM replaces Dell as second-largest unit vendor.
US-Latin America Trade Grows
Brazil replaces Venezuela as second-largest U.S. trade partner in Latin America, while Colombia passes Chile in U.S. trade.
Mexico's Legal Boom
Rising foreign direct investment is giving a boost to Mexico's legal sector.
Brazil: Record PC Sales
Brazil's PC boom continues to set new records. And the boom is expected to continue - as long as the price is right.
SAP Boosts Latin Revenues
SAP boosts revenues and market share in Latin America, which again is the fastest-growing region for the software giant.
LAN Sets New Record
Chilean airline LAN sets a new record in revenues and profits. And its outlook remains bright.
Bullish on Brazil
Brazil’s economy is booming and has a bright outlook. A special report on the key benefits and challenges of doing business in Brazil.
Mexico: PC Market Grows
Despite a freeze on government purchases, Mexico's PC market is growing. NAFTA has helped lower prices.
Top 100 M&A's: Brazil Boom
Latin America's M&A market barely grew last year, but exploded in Brazil, which is now the top deal market in the region.
Latin Economic Freedom Declines
Chile and CAFTA have the freest economies, while Cuba and ALBA have the most repressed ones, according to the Heritage Foundation.
Latin Law Business Boom
The growing number of disputes in Latin America is good business for U.S. law firms as is the IPO and M&A boom.
Latin Law Boom Q&A
Latin Business Chronicle asks leading law firms about the results of their Latin American business and the outlook.
Mexico's Wireless Boom
Mexico, Latin America's second-largest wireless market, is growing the number of subscribers and the size of the market. Telcel remains the undisputed market leader.
Santiago Real Estate Grows
Santiago real estate sector is growing, but demand from local and foreign companies is far larger than supply.
Central America Ports Need Reforms
As trade grows in Central America the region needs to improve its ports infrastructure, shippers and port experts say. El Salvador leads the way.
Mexico Real Estate Q&A
Latin Business Chronicle asks leading experts about the outlook for Mexico's real estate sector.
Latin America Helps Citi
A strong performance in Latin America helps offset Citi's declines in the United States. An in-depth look at the bank's LatAm operations and outlook.
Latin Leasing: Explosive Growth
Itau remains Latin America's top leasing company, but Banco Saenz grew most. Brazil is the top market and one of the fastest-growing ones.
Newsmaker: Peter Cardinal, Scotiabank
Peter Cardinal, executive vice president for Latin America for Scotiabank, talks to Latin Business Chronicle about his career and doing business in Latin America.
Perry: Inequality Spurs Populism
Guillermo Perry, the World Bank's chief Latin America economist the past decade, on the challenges and strengths of the region's economy.
A Biodiesel Odyssey
To help raise awareness of the benefits of biofuels, the IDB sponsors a 4,500-mile car trip from Washington to Costa Rica fueled, in part, by kitchen grease.
Copa Airlines: Strong Outlook
Copa Airlines boosts revenues and profits, but faces several challenges. An in-depth look at one of Latin America's leading aviation stars.
FTA Delays Affect Latin Business
The delays in approving U.S.-Latin American FTA's are negatively affecting Latin economies, a new survey says. Meanwhile, Clinton Democrats push for FTA's.
Singapore Boosts Latin Business
Singapore's trade with Latin America doubled the past five years and is expected to grow further with new free trade agreements.
LatAm Charges Up VeriFone
Latin America is one of the fastest-growing markets for VeriFone. And the outlook remains bright thanks to increased credit card usage.
Latin Sales Help Avaya
Latin America helps Avaya offset declining sales in the United States. Venezuela is among the key growth markets.
Crime Pushes Security Growth
Latin America's rising crime spurs growth of armored vehicles, electronic security devices and security guards.
Brazil M&A Boom Continues
Brazilian law firm Mattos Filho, a leading M&A advisor in Latin America, expects another strong year.
Mexico Violence May Get Worse
Mexico's president faces violence from drug cartels and guerrillas and it will likely get worse before it gets better, experts warn.
Nokia Widens Gap With Motorola
Nokia gains and Motorola loses marketshare in Latin American wireless sales. Also Sony Ericsson and LG post strong growth.
Latin Fast Food Growth
Latin America is the fastest- or second-fastest growth market for U.S. fast food companies like McDonald's and Burger King.
El Salvador: Latin Star
An open business environment and little corruption have made El Salvador one of Latin America's most attractive places for business.
LatAm: HP Boosts Gap With Dell
HP has widened its lead over Dell in Latin America. Meanwhile, Positivo Informatica has captured the number two spot overall.
Latin America Sales Help Nortel
Latin America was the fastest-growing region for Nortel Networks in the second quarter and one of the few with revenue growth.
Panama Canal Expansion Underway
Traffic is up as the Panama Canal awards the first construction, financial and legal contracts in its $5.2 billion expansion.
Wal-Mart: Mexico's New Bank
Wal-Mart will provide competition for Mexico's banks by following its successful strategy of undercutting rivals' prices.
Brazil Business: Solid Five-Year Outlook
Brazil's business outlook the next five years is strong, business leaders say. And Lula will likely be followed by a more market-friendly president, experts predict.
Brazil Outlook: Q&A
Latin Business Chronicle asks five leading experts about Brazil's business, economic and political outlook the next five years.
Lima Real Estate Boom
Office, retail and industrial real estate is booming in Lima and the outlook is even brighter.
Ecuador's Oil Paradox
Ecuador, already hostile to foreign companies, advocates a novel oil policy. Meanwhile, Chevron sets the record straight.
EU Trade With Latin America Sets New Record
Chile replaces Mexico as the second-largest Latin American exporter to the European Union, while Italy replaces the Netherlands as the third-largest EU partner for Latin America.
Costa Rica Awaits CAFTA
Costa Rica is seeing strong economic and trade growth and a boost in foreign investments, but uncertainty around CAFTA.
Made in Colombia: Coffee
Colombian coffee exports decline, but their value grow. New distribution channels are expected to help sales further.
DHL: Booming Latin Business
DHL, the market leader in express cargo in Latin America, boosts its revenues and expects further growth this year.
Uncertainty Despite FTA Deal
Despite a breakthrough deal, the U.S. FTAs with Colombia, Panama and Peru still face serious hurdles, experts warn.
What's Wrong With Haiti?
A poor start and recent political instability have weakened Haiti's business environment. But progress is taking place.
Q&A with Botnia
Botnia talks to Latin Business Chronicle about its controversial pulp mill and doing business in Uruguay.
Latin America Oil: Winners & Losers
Colombia is among the main beneficiaries of the growing "resource nationalism" in neighboring countries. A closer look at Latin America's top oil producers.
LAN: Bright Outlook
Chilean airline LAN has become a regional success story thanks to owner management, aggressive expansion and significant cargo operations.
Latin America: Dirty Politics
Most investors disregard the new authoritarianism tendencies, but they could have dire implications for the future.
Guatemala: Economic Success
Good infrastructure, a relatively open economy and good location are among the top benefits Guatemala offers foreign investors.
Colombia Real Estate Boom
Residential, office and industrial space are all seeing strong growth, spurring strong construction activity.
Venezuela-US Trade Boom
As Chavez denounces trade with the United States, Venezuela buys more U.S. goods than ever - especially computers and machinery.
Latin Soft Drink Boom
Functional drinks is outpacing cola drinks in Latin America in terms of volume growth.
Brazil: Foreign Trade Boom
Trade with China leads to a record surplus, but business groups want more trade with the US and Europe as well.
Valentine's Day: Colombian Success
Valentine's Day will mark another strong sales event for Colombian flowers. But the sector is concerned about the fallout if the US-Colombian free trade agreement is not approved.
Leader of the Year 2006: Martin Torrijos
As a result of strong economic growth and pro-business policies, President Martin Torrijos has been selected by Latin Business Chronicle as Leader of the Year.
CAFTA 2007: Good Outlook
CAFTA faces 2007 with the likely implementation in two more countries and the start of free trade talks with the European Union.
Latin America: More Disputes
A debt default in Ecuador and future expropriations in Venezuela will likely lead to a wave of disputes with private investors, experts say.
Consumer Electronics Takes Off
Consumer electronics will see strong growth through 2010 thanks to low current penetration and expanded consumer credit.
A Yen for Remittances
New research from Japan suggests that remittance flows from Japan into Latin America, particularly into Brazil, are as much as 400 percent higher than hitherto estimated, and have been for some time.
Dell Grows in Latin America
Helped by strong sales of both desktop PCs and notebooks, Dell is seeing strong growth throughout Latin America.
Ecuador: Sigh of Relief
Local and foreign investors are breathing a sigh of relief after the Sunday elections in Ecuador failed to produce a victory for radical Rafael Correa. However, there are mixed feelings about his main rival in the second round, business mogul Alvaro Noboa.
Argentina-Uruguay Conflict Continues
Despite support from the World Bank, Uruguay continues to be the target of Argentine protests. And pressure mounts on Uruguay to increase its counter attacks.
Nicaragua Elections: Too Close to Call
While the opposition is divided, Daniel Ortega leads a well-oiled political machine deeply intermeshed with government agencies staffed by FSLN cadres. Ortega heads the polls, but the outcome could be decided by last-minute support for his main rivals.
Colombia Trade Extension Likely
Colombia is asking for an extension in current trade preferences. Meanwhile, US companies urge passage of the FTA already negotiated.
The age of ethanol?
Brazil has shown the world that biofuels can be used to reduce dependence on petroleum. But will other Latin American nations follow its lead?
WiMAX Boom in Latin America
WiMAX, the wireless broadband technology, is set for a boom in a region with traditionally low Internet rates.
Argentina Less Competitive
Argentina, once a posterboy for market reforms, is increasingly becoming one of the worst examples of competitiveness.
Mexican Housing Boom
Mexico’s mortgage sector is expected to grow significantly thanks to large demand and the recent election of Felipe Calderon as new president.
Mexico-US Trade Boom
U.S. trade with Latin America is growing strongly, led by Mexico and Chile. Venezuela is now the second-largest U.S. partner.
Sao Paulo: Highest Wages
Sao Paulo and Santiago top the wage rankings in Latin America, but vary in cost of living. Bogota has the best Big Mac deal.
Colombian Water Success
How one company excels in the difficult business of providing water and services to the urban poor.
Brazil Leasing Boom
Leasing markets in Brazil and Argentina have increased most and Itau is Latin America's largest leasing company.
Nicaragua: What's At Stake
The Nicaraguan elections will have loud geopolitical reverberations for inter-American relations, reports Richard Feinberg.
Latin Real Estate Boom
Latin America's real estate sector is booming, thanks in large part to a growing number of US retirees buying homes. Panama, Mexico and Costa Rica are leading the way, but also Argentina is seeing a boom.
HP: Strong Latin Growth
HP, the market leader in Latin American PC sales, is growing strongly and set for further expansion thanks to strong local economies, free trade and a successful strategy.
Alan Garcia has now taken over the reigns of Peru. Will he follow the previous government's pro-business line or return to his past? Three experts share their views.
Mexico's president-elect Felipe Calderon faces a series of challenges, including low competitiveness, inadequate infrastructure and inefficent energy.
Global Crossing: Latin Boost
Latin America is the fastest-growing market for Global Crossing. Strong demand, growing local economies and free trade are among the reasons behind the success.
Central American Tourism Boom
Latin America is setting a new record in international arrivals, led by Central America. But major markets like Mexico, Brazil and Argentina are also seeing healthy growth.
Latin Pet Food Sales Grow
Latin America sales of pet food and pet care products is on the rise and international giants like Nestle and Mars are seeing increased competition from local producers.