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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.

After the first COVID-19 tax holiday was condemned as irresponsible, the Colombian government is restricting electronics & appliance sales during the next two tax holidays taking place in July where shoppers will be exempt from the country's 19% VAT tax.

Headquartered in Barranquilla, Colombia, the Company operates out of a 2.7 million square foot vertically integrated, state- of-the-art manufacturing complex that provides easy access to the Americas, the Caribbean, and the Pacific.

The study revealed that 66% of the surveyed businesspeople were optimistic regarding the operations of their companies in Colombia, while 30% feel the same in respect to the performance of the economy in general.

Claudia Lopez, Bogotá's increasingly strident Mayor last week threatened to shutter retailers Makro & PriceSmart on a radio interview, saying the stores were not doing enough to fight the Coronavirus COVID-19 Pandemic

Falabella has been widely denounced for taking customer money then not delivering product during the pandemic. Now the Colombian government is responding.

g and 80% of respondents stated that they would like to telework more in the future. Colombians are those most enthusiastic about telework at 80%, followed by Portugal with 77%, Mexico 76%, Brazil 72% and finally Spain and Italy, both with 68%.

The Colombian government has decreed that all government or private-sector employees that can work from home, must work from home as a response to the Coronavirus Pandemic.

Colombian glass & aluminum manufacturer Tecnoglass, Inc. (NASDAQ: TGLS) today announced that the company will attend the Baird 2020 Virtual Global Consumer, Technology & Services Conference on Thursday, June 4, 2020.

A joint venture between JCDecaux and Caracol Television has won a contract for bus stop advertising & information in Bogotá for the next 15 years.