Declining Export Competitiveness: Latin America Urgently Needs a Quality Leap

Wednesday, November 14, 2018 - 15:28
BUENOS AIRES—In the first quarter of 2018, the value of exports from Latin America and the Caribbean grew at a year-on-year rate of 9.7 percent in comparison with the same period in 2017, according to a new report from the Inter-American Development Bank (IDB). However, this growth has come amid signs that the region is becoming less competitive amid rising economic risks and global trade tensions.

IDB Group and MAS collaborate to promote inclusive financial services

Tuesday, November 13, 2018 - 08:01
The alliance will allow Latin American and Caribbean financial entities to benefit from the innovations in regulation, knowledge and networks of the Asian country, world leader in Fintech The Inter-American Development Bank (IDB) Group, led by IDB Lab – the Group’s innovation laboratory – and the Monetary Authority of Singapore (MAS) today signed a Memorandum of Understanding (MOU) to collaborate on projects and initiatives that will foster innovation in financial services in the Latin America and the Caribbean (LAC) and ASEAN regions.

Paraguay to improve public services for citizens and businesses, with IDB support

Thursday, November 1, 2018 - 00:12
Program will speed up and cut costs of government procedures, intensify the use of ICTs and expand access to broadband services  Paraguay will launch a program to provide its citizens and businesses better public services and more opportunities, with support of a $130 million loan approved by the Inter-American Development Bank (IDB). 

IDB and NTT Data partner to promote open innovation and digital transformation

Tuesday, October 30, 2018 - 13:01
The Inter-American Development Bank (IDB) and NTT Data today announced they will work together on topics related to open innovation and digital transformation in Latin America and the Caribbean. The multilateral development lender and the leading IT services provider signed a Memorandum of Understanding, under which they agreed to help Latin American and Caribbean organizations and entrepreneurs prepare for an increasingly digital future. The agreement was signed during the FOROMIC event in Barranquilla, Colombia.

Meet the six finalists of the 2018 WeXchange Pitch competition

Friday, October 19, 2018 - 12:31
The Pitch Competition’s final will take place during the sixth edition of WeXchange, on November 6th and 7th at the Universidad del Pacifico, in Lima, Peru. WeXchange, the platform that connects high-growth women entrepreneurs from Latin America and the Caribbean with mentors and investors, announced the six finalist entrepreneurs of the Pitch Competition selected from more than 200 applicants from Latin America and the Caribbean.

Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

Saturday, October 13, 2018 - 16:41
IDB President Luis Alberto Moreno participates in the opening session BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

Barranquilla, Colombia to host Foromic 2018

Thursday, August 30, 2018 - 17:39
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

Wednesday, August 29, 2018 - 11:43
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

IDB Announces Settlement in Connection with Prohibited Practices

Tuesday, August 21, 2018 - 10:18
The Inter-American Development Bank (IDB) today announced the debarment of GL Systems LLC (“GL Systems”), an American company, for four years in connection with allegations of prohibited practices in three IDB-financed activities: (i) the Program for the Modernization of Customs, Excise and VAT Areas in Barbados, (ii) the Barbados Competitiveness Program, and (iii) an IDB corporate procurement contract.

IDB opens registration for innovation and creative economy event in Chile

Wednesday, August 8, 2018 - 10:54
Demand Solutions lands in Santiago on December 11 to highlight the impact of the Orange Economy in the region The Inter-American Development Bank (IDB) has opened the registration for Demand Solutions, the largest event on innovation and entrepreneurship in Latin America and the Caribbean, to be held this year in Santiago, Chile on December 11th.