According to the Chilean economics report (June 2023) issued by the embassy of Japan in Chile, the latest situation in the country can be summarized as below: ①Economics The economic activity index in May recorded -2.0%. In the mining section recorded -7.5%.The mining production index in the same month was -9.2%, and copper production decreased […]
According to the Chilean economics report and the Chilean politics report of May 2023 issued by the embassy of Japan in Chile, the latest situation in the country can be summarized as below: Politics According to the Chilean ministries of finance and mines, parliament has approved a bill of mining royality, which will take effect […]
-What’s the mining royality? The mining royality is a series of special tax laws for large mining companies, that aims to promote economic development, fair and efficient collection of tax while increasing local resources by setting the maximum potential tax burden.Under these tax laws, the tax rate fluctuates depending on the sales and profits of […]
According to the regular report of economy April 2023 published by the Embassy of Japan in Chile, the latest situation in Chile can be summarized as below: Politics Chilean president Boric revealed the national strategy of lithium, and he explained “While guaranteeing their medium-to-long term sustainability, through a participatory process, we are planning to submit […]
According to the regular report of economy (March 2023) published by The Embassy of Japan in Chile (department of Economy), the latest economic situation in Chile can be summarized as below.: The economic activity index for February recorded -0.5%. In the mining section recorded 0.1%.The mining production index for the same month was 1.7%, and […]
The embassy of Japan in Chile has issued the Chilean Political Situation Report and Economic Situation Report for February 2023. (Includes some data from the previous month.) Politics The large scaled forest fires that broke out in central and southern Chile at the end of January this year are attracting attention, along with the government’s […]
The Embassy of Japan in Chile (department of Economy) published the regular report of economy (January 2023), which partially includes data from December 2022.According to the report, the latest economic situation in Chile can be summarized as below.: The economic activity index for December 2022 recorded -1.0%.In the mining section recorded 1.2%.The mining production index […]
According to the “Chilean political situation report (January)” issued by the Embassy of Japan in Chile, it seems that there has been a movement in the constitutional process.Taking a closer look, the report reveals that the House of Representatives approved constitutional amendment to establish a process for the development and approval of the new constitution.In […]
