Fitch Ratings has downgraded Colombia's Long-Term Foreign Currency Issuer Default Rating (IDR) to 'BBB-' from 'BBB'. The Rating Outlook remains Negative.
Colombian President Ivan Duque announced yesterday that the government of South Korea will provide Colombia with rapid Coronavirus COVID-19 detection tests, respirators and other health equipment and expertise to assist the Andean country in the fight against the global pandemic....
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.
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.
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.
Colombia’s President Ivan Duque Márquez announced late last night that even though municipal curfews were due to expire Tuesday morning, the national government has declared a national 24 hour curfew beginning Tuesday at midnight until midnight, April 13 in order to retard the...
Earlier this week a Colombian woman and her American husband were arrested by Colombian authorities for violating quarantine orders after arriving from California, in the US. The couple were told to abide by a mandatory quarantine order that could be served in their hotel, but...
Avianca Airlines announced this afternoon that as of March 23, the carrier will completely suspend its international operations. The domestic operation will continue at 16% of capacity from Bogotá to certain destinations within Colombia.
Today, Colombia’s Ministers of Health and Social Protection and Commerce, Industry and Tourism (MinCIT) ordered all places of public gathering such as nightclubs, casinos, family fun centers, amusement parks, and meeting places closed, at least until April 15.