This investment enables the development of road, water, and housing projects.
The region's economy is forecast to expand about 2.0% this year, as observers highlight risks posed by upcoming elections and persistent fiscal deficits.
The turmoil created by US tariffs steel adds to the overcapacity problem, impacting Brazilian steel exports, but a positive outcome could be in the cards, according to the local steel industry association.
The country's stock exchange launched a "green and social bond" segment which will allow firms to finance projects that have positive impacts on the environment.
The energy ministry postponed the registration period for the tender of a 1,500MW transmission line to connect Baja California with the national grid.
BNamericas takes a look at a banking report produced by local consultancy ICG, as the country's union of bank employees urges the government to rethink its plans to introduce new banknotes.
Government pushes fintech in Bahamas, with one startup taking off, while the World Bank reports record remittances to LAC in 2017.
The Caribbean country could be forced to take a controlling stake in Rusal's Windalco alumina facilities to prevent possible disruptions in the face of US sanctions targeting Russian oligarchs.
According to a new report, the success of Argentina's RenovAr program, which projects a fourfold increase in non-conventional renewable energy generation from 2015 to 2025, has also prompted a flood of investments in the wind equipment segment.
The consultation is open until May 7 and contributions can be submitted online through the participa.br platform. The tender is to hire cloud in a centralized way, contracting a company to be responsible for providing the services and distributing them in the federal administration.
New players will come into Brazil's downstream business and create competition and possibly also changes in the country's commercial policies, according to a Petrobras executive.
The project calls for completing the paving of roads between the border with Argentina and the west of the Paraguayan Chaco. The goal is to facilitate the movement of goods and people between Paraguay...