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“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.

CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed Isagen S.A. ESP’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB-‘, while revising the Rating Outlook Positive from Stable. Fitch has also affirmed Isagen’s...

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...

German Efromovich, President of the Board of Directors for Avianca Holdings S.A. and the Board of Directors for Aerovías del Continente Americano S.A. Avianca, has introduced Hernan Rincón Lema as the new Executive President of the holding company that groups several airlines and...

Hoping to strengthen tourism in the Darien region on the far west of Colombia’s Caribbean coast, bordering Panamá, over the past nine months, Aeronáutica Civil has invested $2.7 billion pesos in improvements to Capurganá’s Narcisa Navas Airport. Located just a few miles from...

According to Colombia’s Asociación Colombiana de Agencias de Viajes y Turismo (ANATO-for “Colombian Association of Travel  & Tourism Agencies” in Spanish), departures of Colombians for the 26 European Union (EU) Schengen zone countries have grown by 31.5% since the visa...

The Inter-American Development Bank's INTrade offers a user-friendly interface to help sift through all the stats in the system.

The sustainability and profitability of compulsory auto liability auto insurance (SOAT) in Colombia will depend on the insurance industry’s effectiveness at stopping the upward trend in claims, which is being driven by technical fraud, the increased share of motorcycles in...

Unisys Corporation (NYSE: UIS) announced last week that it has received a five-year contract from Colombian financial institution Banco Popular, to provide high-end storage solution and associated services to support the bank’s critical business operations.  Under the...