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Spanish airline Plus Ultra has begun sale of tickets for its new route between Madríd, Spain, Calí and Cartagéna, Colombia for flights beginning June 17th, 2020. The Madrid>Cali route will fly Mondays & Fridays leaving at 1:35am and arriving at 5:15am (all local times)....

During 2019, Invest in Bogota (IIB), the city of Bogotá's investment promotion agency, supported 48 greenfield Foreign Direct Investment projects, its highest number for a calendar year since its institution in 2006.

Spanish insurer MAPFRE has entered into a strategic alliance with Banco Pichincha in Colombia to offer insurance products to the bank's customers.

In December 2019, Avianca and its subsidiaries (NYSE: AVH) (BVC: PFAVH) transported 2,546,232 passengers, a 6% decrease compared to December 2018.

Growth in public debt burdens and fiscal deficits in many Latin American countries over the past decade will undermine the ability of governments to respond to shocks and a sharper than expected global slowdown in 2020, says Fitch Ratings. Weakening fiscal dynamics have been a...

Colombia’s economy continues to grow, and the country attracts more foreign direct investment every year. Just this October, over a billion US dollars in FDI was announced at investment Promotion Agency ProColombia’s 2019 Investment Summit. Colombia’s capital of 9 million souls,...

After announcing a plan to move away from Latin American markets, Madrid based Telefónica (BME: TEF) has sold 621 Colombian mobile telephony towers to Florida-based Phoenix Tower International, and agreed to sell 521 more Colombian towers and 1,408 towers in Ecuador. In Colombia,...

Frontera Energy Corporation (TSX: FEC) last week announced its full year 2020 capital plan and guidance information. According to the company, the 2020 plan and guidance has been developed with the following four key objectives: Delivering sustainable levels of production and...

Spanish telephone company Telefónica (BME: TEF) announced this week in a letter to from the CEO that it intends to spin off its Spanish-language Latin America operations in order to focus on business in Spain, Brazil, Germany and the United Kingdom. According to the company in a...

Yesterday in Colombia the country saw massive protests in every major city and in many small towns and even rural villages. The marches, largely peaceful with some exceptions in Bogotá, Cali and some looting in the small, impoverished city of Buenaventura, were a perfect storm of...