The 2016 total was more than half a billion dollars above the $5.2 billion USD reported in 2015 and puts the industry second in terms of foreign revenue generation after the oil sector.
"Signs for an improvement in credit metrics are slowly emerging for corporates across Latin America following a tough year during 2016," said Jay Djemal of Fitch Ratings.
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...
The Global analyst firm Everest Group has released a comprehensive, 165 page report (available here) covering global service delivery locations, and the report cites Colombia as a nascent location in the global services market. While the country still has only a small share of...