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IMF Approves $11.5 Billion USD Line of Credit for Colombia
The Colombian government has no plans to draw on the credit line but wanted an increase from the previous $5.4 billion USD available as a precautionary measure.
Posted On June 13, 2016
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//Jared Wade
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Air Europa to Begin Madrid-to-Bogotá Route on June 28
The 5,000-mile flight will depart Bogotá each day at 8 pm on a brand new Boeing 787s with 22 business class seats.
Posted On June 13, 2016
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Colombia Mergers and Acquisitions Valued at $5.6 Billion USD over the Past Five Quarters
Baker & McKenzie's "Cross Border M&A Index" highlighted Colombia's adoption of free-market policies as a factor in its ability to attract more M&A interest.
Posted On June 12, 2016
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Colombia’s Economy Remains Uncompetitive Globally but Is Outpacing Most of Its Latin American Peers
For the third year running, Colombia placed 51st out of 61 countries analyzed in IMD business school's World Competitiveness Ranking.
Posted On June 10, 2016
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Report Ranks Colombia as 37th Best Nation Contributing to Global Prosperity and Equality
Colombia's ranking is hurt the most by its poor score on free trade, which measures "open trading performance compared to best practices."
Posted On June 8, 2016
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Mexican Regulator Approves Grupo Sura’s Purchase of Local RSA Subsidiary
Mexico's insurance regulator has approved Grupo Sura's 2015 purchase of the local arm of RSA Insurance Group.
Posted On June 8, 2016
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Homebuilding Still Booming in Colombia with Support from Government Incentives
The sector has grown 6.3% on average each quarter for the past five years and that this trend will continue in the short term.
Posted On June 7, 2016
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Colombia’s Export Volume Is Still Contracting at a High Rate
Due to its reliance on oil exports, Colombia continues to show one of the largest export contractions in all of Latin America.
Posted On June 6, 2016
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Tecnoglass Back in NASDAQ Compliance After Filing Annual and Quarterly Reports
Tecnoglass submitted its 2015 annual report, 2016 first quarter earnings report, and amended statements for all reports dating back to 2013.
Posted On June 6, 2016
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Premium Companies & Basic Motorcycle Manufacturers Bullish On Colombia
Indian motorcycle company Royal Enfield wants to expand globally, and it is targeting Colombia as a key market. “Currently we are an Indian company,” CEO Siddhartha Lal told India’s Business Standard in July. “We want to be a global player.” Royal Enfield boasts that...
Posted On August 14, 2015
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