The Bogotá-based Terpel has secured a medium-term bridge loan to purchase ExxonMobil’s operations in Colombia.
Latest News
Avianca expands towards Asia and adds route from Lima to Mendoza
Colombia’s flagship Avianca continues to expand its international presence by adding a new route between Mendoza and Lima, as well as two codeshares with leading Asian carriers.
Colombian peso recovers as price of Brent crude rises
The scaling back of output levels in Russia and Venezuela has turned the tide on low oil prices. But will Colombia capitalize on Brent’s sudden rise?
Major infrastructure project collapses in Colombia, multiple deaths confirmed
A modern suspension bridge on the Vía al Llano and that was to be completed by 2018 has collapsed in the Ríonegro gorge, killing many workers.
Colombian student named ‘Top 20’ figure in British manufacturing
A Colombian engineering student has been recognized in the United Kingdom as one of the bright talents in automotive manufacturing.
Colombia’s Avianca braces for pilot strike, suspends ticket sales
Colombia’s Avianca is preparing for major disruptions to service on domestic and international routes, as more than half its pilots go on strike.
Colombia’s CEOs follow global trend in optimism, claims PwC survey
According to the latest survey conducted by PwC, CEOs are optimistic about the global economy, despite protectionism and fears over data security and ethics.
BizCorps bets on Colombia
Many MBA grads are looking to Colombia to help boost small and medium-sized businesses.
The legacy of Rafael Molano and his “Chocoramo”
Colombia’s king of cakes and the household favorite ‘Chocoramo’ passed away at age 90 in Bogotá.
Opinion: What went wrong in Venezuela?
As Venezuelans continue to express their discontent with President Nicolás Maduro, the country’s political future appears uncertain.
Colombia’s informal workforce: High numbers and off the books
While Colombia looks to reduce unemployment, the informal labor force grows and ranks high in the region.
Going global with fair trade
Small companies benefit from fair trade as consumers demand better working conditions in developing countries.
Bogotá: A capital of ‘districts’ on every corner
Bogotá is a myriad of ‘districts’ where one specific good or service competes with the same specific good.