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PriceSmart Sees Sales Surge Almost 20% In March, Postpones New Jamaica, Colombia, Costa Rica Stores, To Launch Online Shopping & Delivery Option

Last night, Colombian President Ivan Duque announced that despite success in keeping Coronavirus infections under 1,600 in the country of 47 million, the government will extend the “national quarantine” until April 27. The initial term of the curfew was set to expire on April 13....

Viva Air today issued a challenge to find solutions that incentivize passengers to return the airways. The winning proposal will win a $10,000 USD prize, provided by Viva Air and its external innovation collaborators.

German Trejo of G&T Consulting, has confirmed, that it has available stocks of  genuine 3M and other branded N95 masks, as well as versions by other manufacturers available for rapid delivery

Zijin Continental Gold announced a contribution of $100,000 USD worth of hospital equipment and supplies to the small town hospitals serving the region near its Buriticá mine in Colombia

Petroleum producer Frontera Energy Corporation (TSX: FEC) last week announced responses to the lower oil price environment caused by excess global supply and the Coronavirus COVID-19 pandemic, including a reduction in the 2020 capital plan and acceleration of cost savings initiatives.

Fitch Ratings yesterday announced that it had downgraded Avianca Holdings’ Long-Term Foreign and Local Currency Issuer Default Rating (IDR) to ‘C from ‘CCC-‘. The ratings have been removed from Rating Watch Negative. This downgrade follows the announcement...

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....

Colombia is in the middle of a national curfew as part of the country’s effort to contain the spread of the Coronavirus COVID-19 Pandemic. With certain exceptions, no one is to leave their homes until April 13, the day after Easter. As is the case around the world, the economic...

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.