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Avianca: "Our business may not succeed even if the Re-profiling Plan is successful and the Stakeholder Investment is consummated."

Credicorp Ltd. (NYSE: BAP) announced last week that it has reached an agreement to acquire 74.49% of the capital stock of Banco Compartir S.A. one of the leading microfinance banks in Colombia, from a group of shareholders including Colsubsidio, Cafam, Comfandi, Comfenalco...

As part of its expansion plan in the region, Viva Air has initiated operations of its new bi-directional international route between Cartagena, Colombia (CTG) and Lima, Peru (LIM) from $195 USD round trip, flying Wednesdays, Fridays and Sundays. On June 7, Viva Air’s pink-livery...

This is a fall from 2015, when Colombia ranked 103rd overall, and a substantial drop from its ranking of 84th in 2010.

Though slight, the body's upward revision for Colombia comes in contrast to the IMF’s overall expectations for the global economy.

The route to Santa Cruz is Avianca’s second connecting Colombia in Bolivia. The carrier also operates a daily flight between Bogotá and La Paz.

Cali, the third largest city in Colombia, ranked ninth among the continent’s on-the-rise destinations.

"No technical factor was part of the accident, everything involved human error," said Colonel Freddy Bonilla of Aerocivil.

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...

Michael R. Bloomberg today launched Bloomberg Philanthropies’ 2016 Mayors Challenge, a competition to inspire Latin American and Caribbean cities to develop bold new ideas that solve major problems and improve city life – and that ultimately can be shared with other cities. The...