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Fitch Ratings has affirmed Empresa de Telecomunicaciones de Bogota S.A. E.S.P.’s (ETB) ratings as BBB- regarding Long-term foreign and local currency Issuer Default Ratings (IDRs). ETB has COP 530 billion senior notes due 2023 at ‘BBB-‘, and the agency has...

Banco Davivienda (BVC: PFDAVVNDA), a subsidiary of Grupo Bolivar, announced it will host its Fourth Quarter 2015 Earnings Conference Call & Webcast Presentation on Wednesday, March 25, 2015. Conference Call in English at 10:30am Eastern Time To participate, please dial:...

In an interview with Bloomberg News, Continental Gold Ltd. CEO Ari Sussman says the mining company is preparing to list shares on the Bolsa de Valores de Colombia, with a target of raising roughly $20 million (USD) to increase liquidity and the company’s investor base. The...

The Minister of Finance, Mauricio Cardenas, said Tuesday that the economic activity during 2014 grew by 4.6% from the previous year, according to figures published by DANE, Colombia’s official statistics agency. “The result of 3.5% for the fourth quarter allowed the...

Colombia’s Finance Minister Mauricio Cardenas, confirmed last Monday “absolute support ” by the national government for the proposed construction of the Metro de Bogotá, the capital city’s planned subway and light rail project. While participating in the...

Fitch Ratings expects electric demand in Colombia to continue to lag real gross domestic product (GDP) growth albeit with a shrinking gap over the short to medium term. This is due to low industrial electricity consumption as a percentage of total demand. Over the past decade,...

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) announced last week that it has received approval from the Brazilian Securities Commission and the Brazilian Stock Exchange (BM&FBOVESPA – Bolsa de Valores, Mercadorias e Futuros), effective immediately, for the...

Yesterday evening in Bogotá’s Corferias Convention Center, an reception attended by civilian officials, police and military brass from several different countries formally launched the preparatory phase for the 2015 F-Air Colombia International Air Show, to take place from July...

KLM Royal Dutch Airlines is launching a new scheduled service to Colombia’s capital, Bogota, and Cali, the country’s third-largest city. Beginning March 31, KLM will fly three times a week operating a Boeing 777-200 on flight KL745. The round trip route will start in Amsterdam,...

Houston, Texas-based Luby’s Fuddruckers Restaurants, LLC has finalized a new development agreement that will extend the fast casual hamburger restaurant group’s base in South America.  A partnership with Grupo Char’s calls for an initial restaurant opening in Bogota,...