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DHL Express announced that it is in the process of opening 10 additional retail service centers throughout Colombia during the second half of 2020 to serve growing demand for international express shipping.

Telefonica’s Colombian subsidiary Colombia Telecomunicaciones, operating under the Brand name Movistar, has raised $500 million USD in senior unsecured notes, the company has announced. $350 million of the placement proceeds will be used to replace senior unsecured notes issued...

The initiative seeks to diversify the country’s economy, spur industrial innovation, and promote Colombia’s palm oil industry that enjoys significant sustainability and social advantages over other global palm-oil producing regions.

Colombian low-cost airline Viva Air became the first airline to receive the “Check in Certificado” safety certificate developed by Colombia’s Ministry of Commerce Industry & Tourism and issued by Colombia’s Institute of Technical Standards and Certification, ICONTEC.

In Cañasgordas, Autopista al Mar 1 will connect with the Autopista al Mar 2 project which runs from Cañasgordas to the Gulf of Urabá on Colombia’s Atlantic coast, where the Puerto Antioquia ocean port & terminal is under construction.

With several real estate projects expected to open in 2H2020, office rents are down and vacancy up in Colombia's capital city according to brokerage Cushman & Wakefield. Net absorption is negative due to the COVID-19 Pandemic.

The company will also have an option to acquire an additional 10% equity interest in LCP Barbados from Latin-Canada Pharma within 60 days following the closing of the transaction by paying USD$600,000 to the shareholders of Latin-Canada Pharma Inc.

President Ivan Duque indicated that the mandatory isolation, which was set to expire this Saturday, August 1, has been extended to August 30, but with different restrictions depending on whether municipalities are low, medium or highly affected by the COVID-19 Pandemic.

Global Infrastructure Partners Capital Solutions Funds I and II (“GIP CAPS”) has closed on a $110 million USD secured holding company term loan investment  in Puerto Antioquia Holdings S.A.S., the port terminal in the Gulf of Urabá on the Atlantic coast of Antioquia, Colombia

PriceSmart, Inc. (NASDAQ: PSMT) announced that for June 2020 net merchandise sales decreased 1.5% to $249.2 million USD from $253.1 million in June a year earlier in its warehouse clubs in The Caribbean & Latin America.