The transportation company for passengers and cargos, Tur Bus, informed the public that for today, Monday 8th, they will offer free transport for any package under 10 kilograms, from Santiago to the city of Concepción, one of the most affected areas by the earthquake. These packages will be received today, between 8:30 am and 6 pm, at the branch office of the company located at Ruiz Tagle Street N°... 

Chile's "Forced Inheritance" Laws This is one of those questions most people do not like to ask; but, considering the number of foreigners with assets in Chile it is definitely a question that needs to be asked more often. The answers however are complicated, and we wish to just give you a brief appreciation of how complicated. We strongly urge all readers to seek competent legal assistance... 

According to the latest figures published by the Instituto Nacional de Estadisticas (INE) and unlike most expectations of the market, the unemployment rate of Chile has risen to 8.7% in the trimester between November 2009 and March 2010 (8.6% in the trimester before and 8% in the same period of 2009). Seasonally adjusted, the unemployment rate grew to 9.6%. The INE explains this significant rise of... 

Shopping in Chile The Consumer Perception Index shows a positive tendency towards consumption, indicating that Chileans have a more farfetched view on unemployment than some months ago. Good times are soon to come for commerce since the Consumer Perception Index (IpeCo) of January registrates an improvement of 41.1%. The indicator that is developed monthly by the Center of Investigation for Enterprises... 

50 Pesos coin with C-H-I-I-E The mis-spelling of CHILE has landed the general manager and several employees of the Chilean mint in hot water.  It all started a few months ago when it emerged that 1.5 millio, 50 peso coins issued in 2008 were spelled C-H-I-I-E instead C-H-I-L-E. The coins were stamped with two I’s which now make them collectors items.  According to mint officials there are no... 

VTR Logo VTR is the most popular cable operator in Chile, and most of their customers have contracted their services only because of CDF (Canal del Fútbol, a channel that has the exclusive rights to broadcast all the important national soccer games). Last week, a message showed up on their channel saying that VTR could not reach an agreement with CDF to extend the contract for this year since CDF... 

Andrés Velasco Brañes WASHINGTON – In a ceremony at the U.S. Department of the Treasury today, Treasury Secretary Tim Geithner and Chilean Finance Minister Andrés Velasco signed a new income tax treaty between the United States and Chile that would provide certainty and stability of tax treatment for U.S. and Chilean cross-border investors. If approved by the U.S. Senate, this treaty would be... 

by: Ryan Bobik and Conrad Olenik After researching this topic and coming across many unexpected statistics, the better question may be why not?  Chile has the number one economy in all of Latin America, and there are no shortages of reasons to explain why. Chile is first among Latin American economies in terms of business and private investment attractiveness, market access, and transportation and... 

by: Ryan Bobik and Conrad Olenik The Organization for Economic Cooperation and Development On January 11, 2010, Chile signed an accession agreement to become a member of the OECD, the Organization for Economic Cooperation and Development.  As we wait for the near certain ratification of this agreement, it marks the culmination of a 15 year process to bring Chile and the OECD together. Although the... 

Chuquicamata copper mine workers on Strike On the verge of the first Chuquicamata strike since 1996, the president of the third labor union of Codelco Norte, Hernán Guerrero, has pointed out that the strike is 100% supported by the workers. The strike began on 5:00 AM this morning as the negotiations fell through.  However, he has expressed that the leaders of 5,600 workers are willing to discuss...