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Luxury hotel brand Four Seasons Hotels and Resorts Grupo Valorem subsidiary San Francisco Investments, have announced plans to open a luxury hotel and private residences in Cartagena, Colombia’s dominant Caribbean tourism destination. Located in Getsemaní, a neighborhood adjacent...

Moody’s Investors Service has affirmed the Baa2 issuer (local currency) and debt ratings (foreign currency) of Bogota, and also the Baa2 issuer ratings (foreign and local currency) of the City of Medellin; Colombia’s two largest cities, however the outlook for both cities...

For the month of May, 2019, Copa Holdings, parent company of Copa Airlines (NYSE: CPA), announced that system-wide passenger traffic (RPMs) decreased 2.6% year over year, while capacity (ASMs or Available Seat Miles) decreased 4.6%.  As a result, system load factor for the month...

Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has just announced high-grade channel sampling assay results from eight development drifts being prepared as part of the underground construction at its fully owned Buriticá project in Antioquia, Colombia. Development of the Buriticá...

Dow Has Certified Barranquilla, Colombia based Tecnoglass (NASDAQ: TGLS) and affiliated company C.I. Energia Solar as obtaining the highest level of quality in application of Dow’s Silicone products in insulated glass and architectural glass applications. Tecnoglass was certified...

During a “Construyendo País” workshop last Saturday in Inírida, the remote capital of Colombia’s Guainía Department, ICT minister Sylvia Constain said that the process of structuring the spectrum auction in the 700 and 1900 megahertz (MHz) bands will have a greater impact on such...

The Holberton School, a college alternative for training software engineers, last week announced that it has opened a campus in Medellín, it’s second Colombia campus after opening one in the capital of Bogotá. Holberton provides what it calls “Silicon-Valley grade” peer-learning...

The Official Aviation Guide of The Airways’ (OAG) ‘On-Time Performance Airlines’ report has recognized Viva Air as the most punctual airline in Colombia and the third in Latin America and the Caribbean with 92% punctuality, as of May 2019. This statistic was derived...

After five years without any new signed hydrocarbons exploration and production contracts, Colombia’s ANH (National Hydrocarbons Agency) in charge of the allocation of oil fields for production, achieved a historic success rate of 55% of the areas offered. Two continental blocks,...

Fitch Ratings has downgraded  Avianca Holding’s  (NYSE: AVH) (BVC: PFAVH),Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘B-‘ from ‘B’ and its USD $550 million senior unsecured notes to ‘CCC+’/’RR5’ from...