Colombia occupies 97% of the national pilled rice exports. Faced with the impossibility of gaining ground in Ecuador and Bolivia, Midagri sees it plausible to export up to 100,000 MT of the virtuous Peruvian cereal to that country, for more than US$70 million each year. The Department of Economic Studies (DEE) of the Ministry of […]
Tag: Colombia
Maduro is committed to a new dynamic of commercial expansion with Colombia
The president of Venezuela, Nicolas Maduroopted this Thursday for a new commercial dynamic with Colombia that allows the expansion of operations, as a result of some adjustments in a binational agreement that he endorsed at the border together with his counterpart from the Andean country, Gustavo Petro. Signing this agreement, he said, “lays the foundations […]
Viva Air responds to Latam and JetSmart: “No more distractions for the really important conversation”
The airline industry in Colombia count the hours to find out who will finally acquire the low cost, Viva Air. There are three companies that have shown interest and have even published their purchase interest: Avianca -with whom Viva has an agreement-, JetSmart and Latam Airlines. Despite this, Viva Air seeks to achieve its permanence […]
Latam becomes the third airline interested in buying Colombian Viva Air
LATAM Airlinesthe largest air transport group in Latin America, announced its interest through its subsidiary in Colombia to buy the low cost airline Viva Airbecoming the third airline interested in merging with that company, a bid in which they also participate Avianca and jetSMART. Colombia’s flagship airline, Avianca, signed an agreement with Viva in April […]
The US, Colombia and Panama coordinate to address the migration crisis in Darién
USA, Colombia and Panama “coordinate efforts” to address the migration crisis in the dangerous jungle of the Darienwho are crossing hundreds of thousands of people on their irregular journey to North AmericaThe Panamanian and US governments reported this Tuesday. For this, the United States ambassador in Panama, Mari Carmen Aponte, the Panamanian Ministers of Foreign […]
Open Society will make a social investment of 16 million dollars in Colombia
The Open Society network of foundations, created by the philanthropist George Sorosannounced this Tuesday that it will make a social investment of 16 million dollars in Colombia focused on issues with climate justice and gender, among others. “During the pandemic we increased our investment due to the situation we had here, but now, this year, […]
Midagri: Peruvian rice exports to Colombia could reach up to 100,000 tons per year
Last year, between July and November, 18,993 tons of rice were exported to this country, thus representing 97% of the total exported to the world. The potential rice exports to Colombia would reach around US$70 million per year with an average volume of 100,000 tons, amounts that could be reached as part of the lifting […]
Colombian airline Viva Air enters the business recovery process
The low-cost Colombian airline Viva Air began a Business Recovery Process (PRE) to renegotiate debts with its creditors and achieve its permanence in the market, while awaiting a definition from the Civil Aeronautics on its alliance with Aviancathe company reported. Viva Air said in a statement on Friday night that it made the decision to […]
Latin America needs high rates for longer, says Colombia’s central bank
There is consensus among those responsible for the monetary politics of the region in which interest rates will have to remain high “for some important time” to guarantee that inflation decelerates decisively, said the general manager of the Bank of the Republic, Leonardo Villar. The main economies of Latin America are likely to maintain a […]
Talma consolidates in Latin America after acquiring Avianca company
The Peruvian company Talma, of the Sandoval Group, announced the successful completion of the process to purchase all the shares of the Colombian company Servicios Aéreos Integrados (SAI) owned by the airline Avianca. The transaction was made through the holding company TSA Investments Inc. SA, based in Peru. SAI operates in the Colombian airports of […]