TLA Times | January 15, 2019
Annual percentage GDP growth in Chile.
Figures from Jan. 11 Source: www.xe.com
FUN IN THE SUN
Google’s cloud computing increases customer base by 330 percent.
ZD Net reports that the number of organizations in Brazil using Google’s cloud platform more than tripled in 2018. Google launched a cloud region for Latin America in 2017. Google made it possible to pay for services in reals instead of dollars, a huge benefit for small businesses. Google Brazil head Fábio Coelho has said the company plans to invest $32 million in Brazil in the coming months. Details
Cocoa growers say government making business more difficult.
Cocoa growers complain there is a new challenge that came with this year’s harvest, government interference, Reuters reports. Growers say truckloads of their crops have been seized or held up by government officials. The growers fear the socialist government is going to nationalize their industry. The government has already nationalized oil, manufacturing, sugar and coffee – and run them into the ground. Details
Major hotel brands planning to build around 300 projects.
Mexico News Daily reports that the big players in Mexico’s hotel sector are investing heavily in projects. City Express Hotels is planning to open 80 properties in the next three years. AMResorts has 66 hotels in its pipeline. Marriot, the NH Group, Hoteles Misión and the Intercontinental Hotels Groups will open about 150 properties. The figures come from a CBRE study and might change now the new Mexico City airport has been canceled. Details
Bicycles, scooters gain popularity as gas stations run out of fuel.
It is a good time to be renting bikes and scooters in Mexico. Those vehicles have gained popularity because of a shortage of gas, Reuters reports via CNBC. Gas shortages have hit urban areas after Mexican President Andres Manuel Lopez Obrador shut down pipelines to fight against fuel theft. Bike and scooter sharing companies say demand has shot up. "It's a big opportunity for those companies to show that new alternatives can be substitutes for traditional cars, for short distances," says Miguel Abad, a spokesman for trade group Mobility as a Service for Latin America. Details