By

Ecopetrol (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announced last week that its board of directors appointed Juan Carlos Echeverry as the new CEO of the company, effective April 6, 2015. With extensive knowledge of economics, the ability to lead processes of change, experience in...

Avianca will inaugurate its nonstop Bogotá-Los Angeles-Bogotá flight on July 1st, giving travelers access to over 2,000 seats per week, along with available seats through three daily flights from San Salvador to the movie capital. According to Avianca CEO, Fabio Villegas Ramírez,...

The Inter-American Investment Corporation (IIC) has launched its first mobile app, geared towards business owners in Latin America and the Caribbean. FINPYME is designed to help small business owners and executives improve their competitiveness and access advisory services on the...

As part of their public debt program, Colombia auctioned $350 billion in treasury notes, denominated in UVR (Units of Real Value), with maturities of 5, 10 and 20 years. The placement corresponds to 1.616 billion UVR. The yield on the issue is 1.83% for 5 year maturities, 2.65%...

Above photo: Serge Elkiner, CEO of Yellow Pepper Yellow Pepper, the first Latin American mobile financial company to receive a World Bank IFC (International Financial Corporation) equity investment, has launched Yepex, Latin Americas’ first “smart wallet” with functionality...

Carlos Ferrer has been making moves since taking over as the general manager and vice president of Unisys LACSA, encompassing all of Latin America except Mexico and Brasíl. Running everything from his Bogotá office, Ferrer is responsible for leading over 2,000 employees,...

Avianca Holdings S.A., (NYSE: AVH) (BVC: PFAVH), announced this week its fourth quarter 2014, financial and operational results. The carrier earned an adjusted net income for the quarter ended December 31, 2014 of $47.4 million, excluding special items, while posting an adjusted...

The Japanese rating agency Rating and Investment Inc. (R & I) has upgraded Colombia’s long-term debt rating from BBB- to BBB with a stable outlook. R & I confirmed its confidence in the country’s economic stability in recent years, noting that Colombia recorded real GDP...

The Colombian Finance Ministry issued $700 billion pesos (roughly $280 million USD) of public debt through Colombia’s domestic financial markets last week, with yields of 5.18% increment for five year maturity, 6.492% for a ten year term, and 735% for a 15 year maturity. The...

Colombia’s Finance Minister Mauricio Cardenas said Friday from Puerto Inirida, Guainia, that the unemployment rate in Colombia dropped to 10.8% for January 2015, “in an environment of increased labor force participation by Colombian households with an increase in...