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According to a report released by the International Monetary Fund (IMF) and the Multilateral Investment Fund (MIF) Remittances to Latin America and the Caribbean Set a New Record High in 2014, the recordbreaking increase in remittances (money transfers) to Latin America reflects...

Colombia’s Cementos Argos (“Argos”), the fifth largest producer of cement in Latin America, and the second largest in the southeast of the United States with operations in Colombia, Central America, the US and the Caribbean, announced the acquisition of one of...

Colombian Private Equity Firm Tribeca has announced its successful closing of the sale of its interest in Termocandelaria Power Limited (TPL) to a consortium of minority shareholders and institutional investors. TPL is the owner of Termocandelaria S.C.A. E.S.P. in Cartagena, and...

After working together for more than a year to negotiate a memorandum of understanding (MOU), The investment promotion agencies of Jamaica and Colombia, JAMPRO and ProColombia, respectively, have reached an agreement to promote trade and foreign direct investment between the two...

This is a reprint of Ecopetrol’s statement released today: — The Group’s production maintained its growth trend, averaging 773.4 MBOED in the first quarter of 2015. Production operated by Ecopetrol S.A. increased by 12.6%. — Barrancabermeja’s gross...

Helm Banca de Inversion (HBI), the independent investment banking arm of Grupo Helm, is solidifying its leadership position in Colombia’s investment banking market with over $130 million (USD) in deals in April 2015 alone. Among other deals, HBI advised BVC, the Colombian stock...

Users of Microsoft’s Windows Phone 8.1 who hold accounts at Bancolombia may now take advantage of the Bancolombia App for Windows Phone. The application has been downloaded over 18,000 times, and was designed by the bank to allow users to interact with the institution in a...

In order to improve the quality of life of the inhabitants of Malambo, Atlantico on Colombia’s north coast, and promote the development of the municipality, Medellín based utility EPM has opened the El Tesoro water treatment plant. In addition, during the event commemorating the...

Gran Tierra Energy Inc. (NYSE MKT: GTE, TSX: GTE), a Canadian domiciled company focused on petroleum exploration and production in Colombia, today announced several new executive appointments effective immediately. This comes after Gran Tierra Energy’s current board averted a...

According to DANE (Colombia Statistics Bureau) figures, the number of employed people increased 4.1% from March 2014, meaning that in the last year, 854,000 Colombians found jobs. This resulted in a maximum employment rate for any March since Colombia started tracking...