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The agreement intends to give Colombian companies the same access conditions as local firms to the markets of Brazil, Argentina, Uruguay, and Paraguay.

Cali, the third largest city in Colombia, ranked ninth among the continent’s on-the-rise destinations.

Overall, the bank estimates this shortfall equates to an overall net income loss of $1.5 million USD per day.

"The next administrations in both Chile and Colombia will face challenges to achieving fiscal consolidation," said Fitch.

The jump, if fully realized, would be enormous, adding some 57% to the current capacity in nine Latin American nations.

Five year old Brazilian reinsurance company Austral Resseguradora has received authorization to operate in Colombia and Ecuador, the Rio de Janeiro firm has announced. The firm is a subsidiary of Austral Participações S.A. Aside from operations in Brasil, Colombia and Ecuador,...

Michael R. Bloomberg today launched Bloomberg Philanthropies’ 2016 Mayors Challenge, a competition to inspire Latin American and Caribbean cities to develop bold new ideas that solve major problems and improve city life – and that ultimately can be shared with other cities. The...

CHICAGO—(Business Wire)–Fitch Ratings has affirmed the long-term foreign and local currency Issuer Default Ratings (IDRs) of Millicom International Cellular, S.A. (Millicom) (STO:MIC-SDB) at ‘BB+’ with a Stable Outlook. Fitch has also affirmed Millicom’s...

The use of technology in our lives will only increase over the next few years. Everything around us will be connected one way or another. Internet access is already embedded in automobiles and, a few decades from now, viewing the Internet while inside the car will be as ordinary...

The Inter-American Development Bank (IDB) announced in Korea today the winners of the fifth annual beyondBanking awards, which recognize best projects and initiatives in the region contributing to the creation of a more sustainable financial sector. The awards were given in a...