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Global real estate brokerage and advisory firm Cushman & Wakefield has appointed Marc Royer to lead the new Capital Markets business unit for South America. Marc Royer is responsible for the new business unit of Capital Markets for South America of Cushman & Wakefield, a...

The total was up 3.5% from 2017, while Avianca's RPK (revenue passenger kilometers) jumped by 8.7% year over year.

Frontera Energy had been producing an average of roughly 8,950 barrels of oil per day from Block 192.

This is a fall from 2015, when Colombia ranked 103rd overall, and a substantial drop from its ranking of 84th in 2010.

Despite the drop — from 57th in 2017 to 60th this year — Colombia's overall score in the Global Competitiveness Report actually increasing by 0.1 points to 61.6.

Though slight, the body's upward revision for Colombia comes in contrast to the IMF’s overall expectations for the global economy.

The route to Santa Cruz is Avianca’s second connecting Colombia in Bolivia. The carrier also operates a daily flight between Bogotá and La Paz.

In April, Colombia, Brazil, Argentina, and others suspended their membership in an organization facing leadership issues and no consensus regarding relations with Venezuela.

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

Russia, the United States, and Brazil — three countries with much larger populations — are the only nations that have bought more tickets than Colombia.