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Brazilian firms took the brunt of the punishment, with 56 domestic corporates getting hit with downgrades last year.

Though Bancolombia's recapitalization plan may yield dividends, "Fitch does not expect capitalization to return to levels reported in 2014 during this period."

Colombian companies are facing multiple headwinds that are hurting cash flow and leading to increased leverage, according to Fitch Ratings.

An open call for proposals is underway until July 5, and the best of the best will be selected to head to Buenos Aires in November to compete for various rewards.

Israeli construction company Shikun & Binui Ltd. recently closed on a $640 million USD infrastructure project in Colombia to build a nearly 100-mile-long toll road near the nation’s capital of Bogotá. The large sum includes all the costs related to financing,...

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.

Giving state and city governments in Latin America more autonomy to manage their own sources of tax revenue could promote greater local development and efficiency, according to a new study by the Inter-American Development Bank (IDB). The study, Decentralizing Revenue in Latin...

“EIG’s binding proposal is undeniably superior and is clearly in the best interests of creditors, the company, and its other stakeholders," said EIG CEO Blair Thomas.

The Inter-American Development Bank (IDB), the Caribbean Association of Investment Promotion Agencies (CAIPA), and the Caribbean Export Development Agency (CEDA) are organizing the Caribbean Investment Summit 2016 to increase foreign direct investment (FDI) by helping investors...

The Inter-American Development Bank (IDB), in collaboration with the Korea Research Institute for Human Settlements (KRIHS), is launching a call for research proposals by individual researchers and scholars in Latin America and Caribbean (LAC) countries. The deadline to submit...