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Month

//May 2015
world competitiveness IMD Business School's campus
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Amid Declines By Its South American Neighbors, Colombia Holds Steady In 2015 IMD World Competitiveness Ranking

LAUSANNE, SWITZERLAND (May 27, 2015): IMD, a global business school with campuses in Switzerland and Singapore, today announced its annual world competitiveness ranking. As part of its ranking of 61 more developed and sizeable economies for 2015, the IMD World Competitiveness...
Posted On May 27, 2015
, By Loren Moss
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Grupo Sura’s Roadside Assistance Program Selects ClickSoftware Service Platforms

Grupo Sura (OTC: GIVSY), the parent company of the insurance company in Colombia, announced today that it has selected ClickSoftware’s (NasdaqGS: CKSW) cloud-based mobile workforce management solution for its roadside assistance business. ClickSoftware’s solutions will facilitate...
Posted On May 27, 2015
, By Loren Moss
Finance Minister Mario Cardenas and Central Bank head José Dario Uribe
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Colombia’s Benchmark Interest Rate Will Remain At 4.5%

Colombia’s Central Bank board at its meeting last Friday decided to keep the country’s benchmark interest rate at 4.5% taking into account the following: The United States economy is expanding at a slower pace, and the Euro area and Japan are showing signs of gradual recovery....
Posted On May 27, 2015
, By Loren Moss
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Cardenas Confirms Colombia Will Back 70% Of Bogotá’s Expected $13.8 Billion Subway Debt

Finance Minister Mauricio Cardenas on Monday confirmed the commitment of the national government to finance 70% of the construction of Bogotá’s first subway line. “We reiterate our commitment to the construction of the Metro in the capital of the country, which will...
Posted On May 27, 2015
, By Loren Moss
Imagen de la produccion COLOMBIA: LA NUEVA FRONTERA de Discovery en Espanol. Estreno 7 de junio @10PM E/P. (PRNewsFoto/Discovery en Espanol)
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Documentary: Ecuador Flooding Global Migrants Into Colombia Headed For USA

Colombia may be the newest route for migrants traveling illegally to the United States from third countries, according to a new documentary by the Discovery Channel and Caracol Television.  The country serves as a transit point for many who undertake this perilous journey,...
Posted On May 27, 2015
, By Loren Moss
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Fitch: Colombia’s 4G Highway Project Creates Opportunities And Challenges For Domestic Banks

Colombia’s transformational 4G highway overhaul project creates business opportunities for local banks, but with those opportunities come funding challenges, says Fitch Ratings. The most significant challenge for 4G is attracting a broad range of international financing....
Posted On May 22, 2015
, By Loren Moss
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Colombia And USA Sign FATCA Anti-Tax Evasion Pact

Finance minister Maurice Cardenas signed a Foreign Account Tax Compliance Act (FATCA) intergovernmental agreement, with US Ambassador Kevin Whitaker last Wednesday. The bilateral agreement is aimed at combating offshore tax evasion by promoting the exchange of information between...
Posted On May 22, 2015
, By Loren Moss
Archives courtesy of lropekk_pl - Pixabay
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Colombian Entrepreneurs, Organizations May Apply For EMC Heritage Trust Information Preservation Grants

EMC Corporation (NYSE: EMC) announced today that the 2015 EMC Heritage Trust Project is now accepting nominations for grants. Grants will support projects that practice and encourage the stewardship of cultural information in local communities around the world. To date, EMC has...
Posted On May 22, 2015
, By Loren Moss
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Motorcycle Industry Expert To Present Talk Friday In Medellín

One of the most influential journalists from Europe specializing in motorcycle motorsports will be at the Feria de las 2 Ruedas this week in Medellín. Jaime Alguersuari Tortajada will be holding a seminar for experts, press, aficionados and industry functionaries on May 22. The...
Posted On May 20, 2015
, By Loren Moss
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Praxis Launches Electronic Filing App For Compliance, Document Management

Praxis, the multinational provider of IT and consulting solutions to the banking, finance and insurance sector, has announced its development of a new electronic records solution that turns mobile devices such as smartphones and tablets into data capture devices that can be used...
Posted On May 18, 2015
, By Loren Moss
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