Category

This marks the 10th store for PriceSmart in Colombia, which so far is the retailers only South American market.

"As we unveil our new logo and brand, we're celebrating more than 40 years of history and success that has brought us here," said Jose Manuel Daes, CEO of ES.

Even before the launch of this store in Bogotá, IKEA made plans to open stores next year in both Medellín and Cali.

This will be the first dividend issued since Tecnoglass, which was founded in Barranquilla, Colombia, recently relocated its headquarters to Miami.

The new facility in Funza follows the opening a 3,500-square-meter center in Panama last year and comes as part of a wider strategy to expand in the region.

One study author suggested “these newfound species might harbor chemical compounds, enzymes, or other unique biological characteristics with potential applications" in medicine and agriculture.

The strategic move will more than double the addressable market for Tecnoglass.

With growing concerns about forced labor and deteriorating US-China relations, some companies are increasingly looking for a plan B.

Tecnoglass says that the move will have no effect on the company’s Barranquilla manufacturing or production employment,

Guillermo Pajón of F2R: "The space that the Japanese brands left, other brands are going to take it ... there's a market for every user and for every pocket, as they say"