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//central america
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Bogotá’s Mayor Threatens To Shutter PriceSmart, Makro

Claudia Lopez, Bogotá's increasingly strident Mayor last week threatened to shutter retailers Makro & PriceSmart on a radio interview, saying the stores were not doing enough to fight the Coronavirus COVID-19 Pandemic
Posted On June 20, 2020
, By Loren Moss
Photo © Loren Moss
1

Avianca Says It May Not Survive

Avianca has revealed "that substantial doubt exists as to our ability to continue as a going concern.” United Airlines said “As a consequence, we may not realize a satisfactory (or any) return on our invested or loaned funds" to Avianca & affiliates.
Posted On April 27, 2020
, By Loren Moss
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Interview: Will Avianca & LATAM Airlines Survive? Standard & Poor’s Analysts Weigh In

Finance Colombia arranged a meeting with key analysts with Standard & Poor to understand how this might play out for LATAM and Avianca, the two full service carriers that operate domestic routes in Colombia.
Posted On April 18, 2020
, By Loren Moss
Beautiful Colombian woman shops at PriceSmart
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PriceSmart Sees Sales Surge Almost 20% In March, Postpones New Bogotá & Bucaramanga Stores, To Launch Online Shopping & Delivery Option

PriceSmart Sees Sales Surge Almost 20% In March, Postpones New Jamaica, Colombia, Costa Rica Stores, To Launch Online Shopping & Delivery Option
Posted On April 8, 2020
, By Loren Moss
U.S. Secretary of Defense Jim Mattis speaking last year at the NATO headquarters in Brussels. (Credit: Department of Defense / U.S. Air Force Staff Sgt. Jette Carr)
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James Mattis, U.S. Defense Secretary, to Visit Colombia this Week

The visit will be a part of the secretary’s larger trip to South America, including stops in Brazil, Argentina, and Chile.
Posted On August 12, 2018
, By Jared Wade
cargill protein latin america pollo chicken colombia Pollos El Bucanero
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Cargill Expands Reach in Latin America with Acquisition of Colombian Chicken Company Pollos El Bucanero

Pollos El Bucanero will be run by Jorge Ivan Duque and operate as an arm within the larger Cargill Protein Latin America.
Posted On June 3, 2017
, By Jared Wade
viajescorp americas 2017 panama business travel
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Experts To Discuss Business Travel Risks At ViajesCorp Americas 2017 Conference in Panamá

Business travelers worry about "being a target of insecurity in some countries,” says Octavio Bonilla of Nissan Mexico.
Posted On April 18, 2017
, By Jared Wade
agricola bancolombia colombia investment el salvador
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Grupo Bancolombia Opens $55 Million USD Operations Center for Banco Agrícola in El Salvador

"This demonstrates confidence that Grupo Bancolombia and Agrícola has in El Salvador," said Juan Carlos Mora of Grupo Bancolombia.
Posted On September 22, 2016
, By Jared Wade
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ACE Limited Announces New Chubb Group LatAm Insurance Leadership Team

ACE Limited announced the leadership team it intends to appoint for the Latin America region of the new Chubb Group’s Overseas General Insurance division, which includes Argentina, Brasil, Chile, Colombia, Ecuador, México, Panamá, Peru, Puerto Rico, Central America and the...
Posted On December 21, 2015
, By Loren Moss
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Fitch: Banco Agromercantil de Guatemala Acquisition Should Have No Impact on Bancolombia’s Creditworthiness

On Sept. 11, 2015, Bancolombia announced an agreement to acquire an additional 20% stake in Banco Agromercantil de Guatemala which would bring the bank’s share of Banco Agromercantil de Guatemala’s equity to 60%. Once the transaction is approved by regulators in both...
Posted On November 9, 2015
, By Loren Moss
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