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//costa rica
Felix Antelo (left) of VIva Air and Matias Laks of Rappi
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Rappi & Viva Air Sign Pact To Offer Flights Via Rappi App

Colombian technology unicorn Rappi and low-cost carrier Viva Air have announced a deal that will allow Rappi users to purchase flights directly from the Rappi app to Viva’s domestic and international destinations.
Posted On March 10, 2021
, By Loren Moss
Avianca ATR 72-600
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Avianca Airlines Suspends Multiple International Routes

Avianca indicated that the restrictions were necessitated by “the constant restrictions in different countries in terms of limitation of the entry of tourists, operational reductions, as well as mobility within cities, and the high uncertainty that passengers still have."
Posted On March 2, 2021
, By Loren Moss
Pricesmart COVID temperature thermometer
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PriceSmart Announces January Sales Up 5.2%, Also Declares Dividend & Names New Directors

The company also plans to open new warehouse clubs in Guatemala City, Guatemala and Bucaramanga, Colombia in the fall of 2021, and in Portmore, Jamaica in the spring of 2022. Once these three new clubs are open, the company will operate 50 warehouse clubs.
Posted On February 12, 2021
, By Loren Moss
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Sykes Launches AI Powered English Language Evaluator For CX Recruitment

Global contact center outsourcer Sykes has developed an artificial intelligence (AI) powered recruitment tool to evaluate the level of English for candidates who apply for bilingual customer service positions.
Posted On February 3, 2021
, By Loren Moss
Above: PriceSmart has installed enclosures around cashiers to isolate them from shoppers during checkout, along with other safety measures. Pricesmart Medellín photo: Loren Moss
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Pricesmart December Sales Up 2.8%

PriceSmart, Inc. (NASDAQ: PSMT) Net Merchandise Sales grew 2.8%, after negative 3.1% FX impact. Comparable Net Merchandise Sales decreased 1.7%, after 2.9% negative FX impact. E-Commerce Penetration was 2.8% of Total Net Merchandise Sales
Posted On January 25, 2021
, By Loren Moss
The above IHME map shows the mean value (across the 1,000 regressions that IHME runs in its SEIR model) of effective reproductive number, R, on June 9. Infections on June 9 roughly correspond to cases of COVID-19 on June 20 given the average duration of 11 days between infection and being reported as a case. Where this value is greater than 1, it means that every person infected with COVID-19 will produce more than one additional infected person. To successfully eliminate a disease from a population, R needs to be less than 1. The map shows that on June 9 in many parts of the world, R was lower than 1, including many parts of North America, Europe, Africa, India, Australia, and New Zealand. Locations that are showing effective R values greater than 1, which means that the number of cases of COVID-19 in the population is growing, include several states in India, the US, Mexico, and Brazil, as well as many countries in the Southern Hemisphere, such as Argentina, Chile, and Indonesia. Several countries in the Middle East, including Egypt, Saudi Arabia, Iraq, and Yemen, as well as Turkey and Iran, also had R values greater than 1 as recently as two weeks ago.
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Up To 81,942 May Die In Colombia From COVID-19 Says University of Washington Institute

The Institute for Health Metrics and Evaluation (IHME) at the University of Washington is forecasting nearly 388,300 people will die from COVID-19 in Latin American and Caribbean nations by October 1. Brazil is expected to exceed 166,000 deaths and Mexico 88,000. Six other...
Posted On June 29, 2020
, By Loren Moss
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Colombia Is Now The 37th Full Member Of The OECD

Colombia has completed the 8-year accession process, now making it a full member of the OECD: The Organization for Economic Cooperation & Development based in Paris.
Posted On April 29, 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
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Singularity Summit: Deloitte’s Duleesha Kulasooriya Examines Colombia’s Orange Economy Initiative

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.
Posted On March 28, 2020
, By Loren Moss
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Coronavirus A Threat To Colombia, Latam Economies, Even Without Infections Says Fitch

Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.
Posted On February 27, 2020
, By Loren Moss
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