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This is now the 14th project to receive funding within the 4G program and the first to close financing since President Iván Duque took office in August.

While the full details are yet to emerge, the plan is to offer the exemption to companies that will generate a set minimum number of jobs.

The company’s "credit risk lies in 2020 and 2021, with an expected lower production profile and possibility for lower grades,” stated Fitch.

Uribe, currently a senator, remains a highly polarizing figure in Colombia and is currently under criminal investigation.

Despite the drop — from 57th in 2017 to 60th this year — Colombia's overall score in the Global Competitiveness Report actually increasing by 0.1 points to 61.6.

Candidates — from entrepreneurs and startups to engineers and scientists — have until November 12 to submit their proposals.

The technology tool allows policyholders to interface with company staff through video calls on WhatsApp to streamline their claims.

Year over year, entrepreneurship in Colombia is become a major driver for economic growth and job creation, establishing the country as a leader in entrepreneurial development in the region. This has led to the creation of platforms and enterprises that boost growth initiatives,...

Sura ranked fourth, moving up from 8th in the 2017, while cement maker Cementos Argos rounded out the top five.

"We aim to make Singularity University's experience more accessible for those who do not have the ability to attend academic programs in the United States,” said organizer Claudia Aparicio.