Colombia’s Vehicle Imports Rose 68%, and China Supplied the Most
Colombia imported US$3.16 billion of vehicles for private use in the first five months of 2026, up 68%. China supplied...
August 2, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Itaú Colombia Sells Retail Unit to Banco De Bogotá
Itau closed the sale of its Colombian personal banking business on 31 July 2026. About 267,000 customers moved to Banco...
August 2, 2026
Brazil Sets US$193 Million Santos Container Terminal Auction
Brazil sets a R$1.044B fee for the Santos container terminal auction in March 2026, requiring a R$6B investment to boost...
July 31, 2026
CSN Bond Exchange Pushes Out US$1.3bn Debt as H1 Loss Widens
CSN bond exchange: the Brazilian steelmaker swaps up to US$1.3bn of notes at 11% and warns its H1 net loss...
July 31, 2026
Banco BAM Gets US$70M From Colombia’s Grupo Cibest in Guatemala
Banco BAM in Guatemala received US$70M in subordinated financing from Colombia's Grupo Cibest, the owner of Bancolombia, to boost capital.
July 31, 2026
Guatemala Tourism Law Reform Adds Hotel Tax Breaks and a US$38M Fund
Guatemala tourism law reform would give 10-year hotel tax breaks and a Q300M (~US$38.5M) infrastructure fund to draw investment.
July 31, 2026
ExxonMobil Guyana Drives Record Q2 Output as Profit Slips
ExxonMobil Guyana drove a record 4.514 million boe/d upstream high in Q2 2026, but earnings missed estimates as downstream margins...
July 31, 2026
Guyana Gas-to-Energy Project Gets US$91.5M to Speed Completion
Guyana Gas-to-Energy: Parliament approved about US$91.5M more to accelerate the project that aims to halve power costs.
July 31, 2026
Colombia Business Hub Grows: Barbados Air Deal and Bogotá GBS Rank
Colombia business hub gains: a Barbados open-skies cargo deal and Bogotá's top-3 Latin American ranking in global business services.
July 31, 2026