Colombia is in the middle of a national curfew as part of the country’s effort to contain the spread of the Coronavirus COVID-19 Pandemic. With certain exceptions, no one is to leave their homes until April 13, the day after Easter. As is the case around the world, the economic...
In a new report, Fitch Ratings said that it expects a combined $202 million USD in debt due this year and owed by Avianca, Odebrecht and Digicel will not be repaid by the issuers.
Colombian airline Avianca over the weekend admitted that, as the Coronavirus continues to impact its operations, it has begun to defer payments on long term leases and on principal on some of its outstanding debt. Over 14,000 employees are currently on unpaid leave.
Due to the current situation of #COVIDー19 virus, Flag of Canada citizens in need of immediate emergency assistance should contact our Embassy by email at [email protected] or Telephone 571+ 6579800.
According to an Insight Crime report, continued threats by criminal groups have led park rangers in Colombia’s protected areas of the Amazon rainforest to abandon their posts, leaving these territories to fall under the control of gangs.
The Colombian government has clarified that foreign trade (import/export), agriculture, energy and mining activities may continue during the mandatory Coronavirus COVID-19 Curfew now in effect.
Colombia’s government, after declaring a state of economic, social & ecological emergency, has restricted exports of 24 products deemed necessary domestically to prevent the spread of the Coronavirus COVID-19 Pandemic in the country.
Finance Colombia's Loren Moss talks with Duleesha Kulasooriya, executive director of Deloitte's Center For The Edge on how disruptive transformation can benefit developing economies...but the right strategy is the key to success.