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Colombian Central Bank Sticks to 3% Inflation Target Rate
In mid-November, the Banco de la República forecasted inflation to end both 2018 and 2019 at 3.3%.
Posted On December 2, 2018
Economy
Banking
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London Publication The Banker Names BBVA ‘Bank of the Year’ in Latin America; Banco de Bogotá Takes Top Honors in Colombia
“The importance of BBVA’s work in digital banking across the region cannot be overstated,” wrote the publication.
Posted On December 18, 2018
Securities, Equities, M&A
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Frontera Energy to Pay Dividend of $0.33 CAD on January 17
All shareholders of record at the close of business on January 3 will be eligible to receive the dividend.
Posted On December 14, 2018
Insurance & Risk
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SURA Rolls Out Underwriting, Analytics Software to Modernize ‘Aging Core System’
"We are able to simplify the underwriting process by automating manual processes, thereby increasing operational efficiency," said Valentina Sierra Toro of SURA.
Posted On November 11, 2018
Real Estate & Construction
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Bienes y Servicios International Secures $2.75 Million USD Loan from U.S. Lender Kennedy Funding to Develop Housing in Sincelejo
The loan — which is the first issued by Kennedy Funding to close in Colombia — will be used to purchase 17,000 acres of vacant land in the Sucre capital.
Posted On August 16, 2018
Natural Resources
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Ecopetrol Formalizes Joint-Exploration Contract of Brazilian Santos Basin
BP will be the operator of the exploration and has a 50% holding in the block. CNOOC has a 30% interest, with Ecopetrol having rights to 20%.
Posted On December 17, 2018
Government & Diplomacy
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Medellín Will Host General Assembly of the Organization of American States in June 2019
Medellín will play host to the 2019 General Assembly of the Organization of American States (OAS), the hemisphere-wide non-governmental organization announced this week. The...
Posted On November 30, 2018
Startup & Growth
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USAID to Host ‘DataJam’ Challenge in Cali to Develop Security Solutions
The competition will take place over 27.5 hours as participants race come up with open-data-based solutions to "citizen security" challenges.
Posted On November 26, 2018
Law & Justice
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Six Killed in Massacre in Colombian Department of Meta
Officials are investigating whether the killings were related to drug trafficking, a local armed rebel group, or another factor.
Posted On December 18, 2018
Sponsor
Trade, Commerce & Retail
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Havaianas Is Expanding in Colombia with New Stores and Local Presence
The expansion has included new stores in Cartagena and Barranquilla on the Caribbean coast in addition to the October launch of a location in Bogotá's Andino mall.
Posted On December 4, 2018
Transportation & Tourism
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Colombian Tourism Ministry Rolls Out New Plan Aimed to Promote Domestic Travel and Regional Tourism
“The tourist consumption of Colombians is very low,” says Juan Pablo Franky, deputy minister of tourism.
Posted On December 16, 2018
Colombian Peso Exchange Rate
