Business Latin America

  Experian growing in Latin America Tightening of credit standards in the US slowed the growth of Experian 's (EXPN) US business in the final quarter of its 2017 financial year, going against the prevailing trend. Overall, revenue in the North American business was up 7 per cent, most of which was generated organically. The standout performer, however, was the group's Latin American business, which saw organic revenue growth of 9 per cent for the year. The group's performance in Brazil was driven by expansion within major banks, new services offered to small- and medium-sized businesses and counter-cyclical products such as delinquency notifications... Read More. Miguel Sanchiz- Latin America Business - misancosa@gmail.com

Xiaomi launches in North America via Mexico Chinese smartphone superstar Xiaomi has just set up shop for the first time in North America . But, no, it isn’t in the US . True to its word, it isn’t yet ready to dive head-on into the US market. Instead, it is bringing its Redmi 4X and Redmi Note 4 smartphones to Mexico, aiming for a market where its blend of mid-range specs and dirt cheap price can better work its magic than in major markets like the US. One can’t really blame Xiaomi for picking its battles. It’s a cutthroat market and butting heads with the likes of Samsung and Apple in their own strongholds might be too much a risk even for the likes of Xiaomi. In emerging markets like Mexico , however, the giants have less of a hold due to their steep prices. Appropriately, Xiaomi didn’t launch its newly unveiled Xiaomi Mi 6 in Mexico either. The price tag on that flagship would have probably made Mexican consumers balk. What it is making available, instead, are the

SES-10 Satellite Fully Operational over Latin America SES-10, the first satellite to be launched using a SpaceX flight-proven rocket, will provide direct-to-home broadcasting, enterprise and mobility services  The successful launch of SES-10 on SpaceX's first ever mission using a flight-proven rocket serving Latin America for direct-to-home broadcasting as well as enterprise and mobility services. SES (Euronext Paris:SESG) (LuxX:SESG) announced today that the SES-10 satellite is now fully operational at 67 degrees West and will be serving the thriving markets in the Latin America region. SES-10 was launched on 30 March 2017 from NASA’s Kennedy Space Centre in Florida onboard a flight-proven SpaceX Falcon 9 rocket. The satellite is the first geostationary commercial satellite ever launched on a flight-proven first-stage rocket booster. Since then, extensive in-orbit tests have confirmed the flawless functioning of the spacecraft. SES-10 was built by Ai

Cemex opens cement plant expansion in Guatemala Cemex LatAm Holding (CLH), Cemex’s regional operating company in Latin America , has completed the expansion of cement production and bagging capacity at its Arizona plant in Puerto de San José , Guatemala . Following improvements to the plant’s milling operations and the installation of a new US$3.7 million bagging line, the company expects cement production capacity to increase by 10% to 0.545 million tpy, while bagging capacity is expected to increase by 46% to 95 tph. The opening ceremony took plant on 29 March and was attended by senior executives from CLH, including Jaime Muguiro General Director of CLH, and Guillermo Rojo de Diego, Country Manager of CEMEX Guatemala, and René Aparicio, Operations Manager of CEMEX Guatemala. “We are pleased to be part of the progress of the different regions and markets where we operated directly, as well as being an agent for change for the construction industry in Guatemala ,

FedEx Express inaugurates Logistics Centre in Panama FedEx Express has inaugurated new FedEx Logistics Centre in Panama Pacifico to expand its presence in the Latin American and Caribbean region. The facility has temperature-controlled capabilities of 15ºC-25ºC and 2ºC-8ºC; capability for modular expansion and flexible enough to expand under the same roof; free-trade zone. In addition, the centre offers specialised logistics operations services for warehouses capable of optimising receiving, storage, product and customer care, and product transfers. The services are targeted to specialized sectors such as technology, healthcare (medical devices and pharmaceuticals), the automotive industry, telecommunications, electronics and retail. “FedEx offers clients global access backed by local experience in an effort to promote international and domestic trade in Latin America and the Caribbean ,” said Juan N. Cento, president of FedEx Express Latin America and Caribbean .

Dentons Continues Push in Latin America, Forming Alliance with Firm in Brazil and pushing into Latin America Dentons is continuing its aggressive push into Latin America , with plans to form an alliance with the Brazilian firm Vella Pugliese Buosi Guidoni in São Paulo . Vella Pugliese is best known for its civil litigation work, often on high-profile cases, as well as its work with local companies on mergers and acquisitions. The alliance, which is subject to approval by partners at both firms, would give Vella Pugliese clients easier access to thousands of lawyers working from more than 60 countries on six continents through Dentons' network of firms, and would give Dentons' clients access to Vella Pugliese's 13 partners and other staff in São Paulo and Brasilia, Dentons said in a statement. The firms believe the alliance, which would be part of Dentons' verein structure, will enhance their offerings in such areas as competition and antitrust, mergers and

Telecom Services Industry Adopts New Business Models in Latin America to Spark Digital Transformation The Latin American telecom services industry will see new business models as participants strive to be part of the on-going global digital transformation in the space. New business models are emerging as big data for telcos, mobility and mobile money, innovation-enabled monetization, software-defined networking and network functions virtualization (SDN/NFV), e-commerce and online marketplaces, augmented reality (AR), carrier Ethernet over wide-area network (WAN), and Internet of Things (IoT) gain ground in the region. Telcos' structure must become more agile, flexible, and able to leverage an interconnected ecosystem to adapt. "Changing market dynamics compel telcos to become customer-centric, investing in new products and services, aiming to transform their cost base, and simplifying as well as digitalizing complex business models, processes and systems," co