Day: June 5, 2020

Latam Exchanges Data starts operation to promote market data

Spanish stock exchange & financial systems’ operator (BME), and the Mexican Stock Exchange (BMV) starts operations of Latam Exchanges Data (LED), a joint initiative to promote the creation, distribution and sales of Latin American Financial Market Data. LED provides master data, closing prices and corporate events from the main Latin American financial markets. LED’s medium-term target is to cover most Latin American financial markets through a strategic roadmap intended to increase and integrate additional sources of information from other countries in the region.

Mining industry records 11,700 fewer jobs in February-April 2020

According to Sonami data, a total of 11,700 fewer jobs were recorded in the country’s mining sector during the February-April moving quarter compared to the same period last year. This figure represents a decrease of 5% in employment in 12 months. The data shows that for every direct mining job, 3 additional jobs are generated, so that 900,000 jobs currently depend on the mining industry.

Mainstream starts foundation work for 157.5-MW wind park in Chile

Ireland-based Mainstream Renewable Power (Mainstream) has commenced work on the foundations for its 157.5 MW Tchamma wind park in Chile. The wind park is expected to generate enough electricity to meet the consumption of 186,937 Chilean homes and be able to avoid 177,996 tonnes of carbon dioxide emissions a year. Tchamma is part of the 571-MW Condor portfolio, with the 86-MW Alena and the 185-MW Cerro Tigre wind parks, currently being constructed in nearby region of Biobio.

Fixed internet traffic grew by 40% in March

According to the series of statistics from the Undersecretariat of Telecommunications (Subtel) delivered by the Minister of Transport, Gloria Hutt, and the Undersecretary of Telecommunications, Pamela Gidi, total fixed internet traffic recorded 2.8 million terabytes (TB) in the third month of the year, representing an increase of 40% compared to the 2 million recorded in the same period last year.

Chile’s trade exchange falls 27.8% in May

Chile’s commercial exchange with foreign countries fell by 27.8 % compared to the same month in 2019, totalling $8.535 billion, the lowest figure since 2009, as stated by the Customs Service. In detail, exports fell by 20.7%, totalling $4.94 billion, and imports fell by 34.2%, totalling $3.9 billion in May 2020 compared to May 2019, according to the Customs Foreign Trade Report.