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Unemployment Rises as Chile’s Economy Slows Down

Unemployment Rises as Chile’s Economy Slows Down

By Narayan Ammachchi Chile’s economic recovery is losing steam, with the jobless rate rising to new highs during the three-month period ending in August. According to data released by the government, the unemployment rate shot up to 6.7%, while factory output ...

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Moody’s Warns Growth of LATAM’s Middle Class is Slowing

Moody’s Warns Growth of LATAM’s Middle Class is Slowing

By Narayan Ammachchi After a steady rise during the past decade, Latin America’s middle class growth is slowing, thus negatively affecting both consumption and investment, according to a study by U.S. credit rating agency Moody’s. Among the worst affected companies will ...

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Maturity of ITO Market Spurs New Investment

Maturity of ITO Market Spurs New Investment

By Mauricio Chede, Information Technology Research Analyst, Frost & Sullivan The IT infrastructure outsourcing services market in Latin America is growing more mature each day. Companies are better understanding the benefits of outsourcing, such as being able to reduce costs ...

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