Santiago

Chilean mall operator Mallplaza reported a 9.6% year-on-year increase in Q2 2026 EBITDA and an 8.7% rise in quarterly revenue. However, its first-half net profit attributable to controllers fell 35% to CLP319.1 billion (US$332 million) from CLP492.1 billion (US$513 million) in the prior year.

Compania Cervecerias Unidas (CCU) reported a $23 million loss in its second quarter, with a 12-cent per-share loss. The company generated $674.7 million in revenue during the period.

LATAM Airlines shareholders approved a share repurchase program allowing up to 5% of the group’s stock (about 28.71 billion shares) at a meeting on 3 August 2026. The 5% cap corresponds to a market value of approximately US$15.5 billion as of the end of 2025.

Parque Arauco reported a 17.9% revenue increase and a record 77.6% adjusted EBITDA margin in Q2 2026, but profit declined by 30.8%. The company also announced a US$119 million acquisition of Mall Paseo Quilín in Santiago.

South Korean President Lee Jae-myung and Chilean President José Antonio Kast agreed to revive stalled negotiations to modernize their free-trade agreement during a meeting in Santiago on July 30, 2026. They also committed to enhancing cooperation on critical minerals and defense.

Greystar acquired 100% of Chile's Lar Group, which manages 12 Santiago rental buildings, deepening its build-to-rent push. The acquisition was reported by The Rio Times.

British label Fred Perry is expanding to Chile and Argentina next year, opening a Santiago mall store and a Buenos Aires street shop through a local retail group.

A copper price decline and potential US refined-copper tariff caused volatility in Chile and Peru's stock markets, with Peru's market (Lima) being more vulnerable to copper price fluctuations than Chile's (Santiago).

Cencosud's shares have declined as its strategic plan has not yet led to improved earnings. The article references shoppers at the Costanera Center Mall in Santiago.

A Think Tennessee report reveals that Tennessee residents near data centers experienced a 3.2% average increase in electricity bills between 2023 and 2024, while commercial consumers saw a 0.2% decrease. The report highlights growing electricity consumption by data centers and public concerns over grid strain, with proposed zoning regulations and a moratorium set for public hearings.

Trumpism is increasing in influence across Latin America. A supporter of José Antonio Kast was photographed wearing a Donald Trump mask in Santiago.

Chile's investigation into Tren de Aragua has reignited discussions about bank secrecy. The article mentions Santiago's skyline but provides no further details.

The article discusses where tap water is safe to drink in Latin America, highlighting cities like Santiago, Montevideo, Mexico, Lima, and Brazil, along with health habits to stay safe. It emphasizes regional variations in tap water safety and practical tips for travelers.

Mexico's teachers opted for escalation over a government offer, Peru remained silent ahead of a vote, and a major free-music weekend event is taking place across cities from Rio to Santiago.

A Santander bank employee was arrested in Chile as part of an $85 million crime sting. Chile's consumer prices likely experienced a significant monthly increase, attributed to the government's decision to let fuel costs rise.

Chilean investors are increasingly using peso notes for transactions, signaling a return to local currency despite past economic instability. A customer in Santiago recently paid with Chilean peso notes at a store, illustrating this trend.

Chile's populist leader is making progress on a significant bill proposed by Kast. Franco Parisi was interviewed in Santiago on May 11. The bill's details and implications are not specified.

Chile investors are divided over the potential impact of a war with Iran on their investments. Pressures are mounting as shoppers at La Vega Central fruit and vegetable market in Santiago go about their daily business. The situation is being closely watched by investors and economists.