Chile’s Central Bank forecasts economy to decrease by 5.75% to 6.25% in 2020

Chile’s Central Bank forecast that the economy of the world’s top copper producer would decrease by 5.75% to 6.25% in 2020. However, the Central Bank said in its Ipom quarterly economic report that gross domestic product (GDP) would rebound between 5.5% and 6.5% in 2021, a stronger recovery than it had initially expected. The more favorable scenario next year will be bolstered by a higher copper price of $3.20 per pound in 2021, the bank predicted.

Microsoft announces “Transforma Chile” to accelerate growth & business transformation in Chile

Microsoft has announced “Transforma Chile #ReactivacionDigital,” the company’s most significant investment in its 28-year history in the country. Delivered from datacenters in Chile, the Microsoft Cloud will increase remote work communications and learning through services like Microsoft Teams, improve reliability & scale of services from Chilean businesses, as well as empower individuals in the public and private sectors to innovate with the latest developer tools.

Tecam announces new emissions treatment project in Chile

Tecam has announced its new environmental technology project for emissions treatment in Chile. Tecam will supply a hydrocarbon tank storage company in Chile with the engineering, procurement, installation and maintenance service of a regenerative thermal oxidiser (RTO) system for the elimination of the gas venting emissions generated at the tank farm. With this project, the company will be able to eliminate 99.9% of its polluting emissions by using an environmentally-friendly exhaust gas cleaning system.

Volante Technologies helps Santiago Stock Exchange expand its services & advance as a regional player

Volante Technologies Inc., a leading provider of payments & financial messaging solutions in the cloud, is speeding up market convergence for the Santiago Exchange. By deploying Volante Designer, the exchange is able to replace its legacy ERP SaaS solution with its own solution called Optimus which is built to power Chilean and regional brokerage houses. It also gains a competitive edge across the region.