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Month

//May 2015
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US Ambassador, Colombia’s Finance Minister Featured At CEA General Assembly

The CEA (Council of American Enterprises) presented its 2014 results last week in the Country Club of Bogotá during a lunch attended by major US enterprises operating in Colombia. The event was attended by US Ambassador to Colombia Kevin Whitaker, and Mauricio Cárdena...
Posted On May 11, 2015
, By Loren Moss
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Major Construction and Design Expo Coming To Bogotá May 19-24

In the last two years, the construction sector has grown 9% as a part of the Colombian economy. According to the Colombian Construction Chamber of Commerce (Camacol) estimates, building construction used $28.5 billion in products and services, over 40% more than in 2010; evidence...
Posted On May 11, 2015
, By Loren Moss
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New To Colombia: First Carl’s Jr. Fast Casual Hamburger Restaurant Opens in Bogotá

Hamburger purveyor Carl’s Jr. continues its Latin America expansion with the opening of its first restaurant in Colombia last week. Located at Parque de La 93 on Bogotá’s north side, the restaurant marks the first of a multi-unit development agreement between Carl’s Jr. parent...
Posted On May 10, 2015
, By Loren Moss
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Colombian Tax Ruling: 33% Withholding Tax On Foreign Payments

Colombia’s Tax Authority, DIAN has clarified the withholding tax rate applicable to payments made abroad based on the provisions of Law 1739 of 2014. Article 28 of Law 1739 of 2014 set forth that revenue obtained by companies and foreign entities, that is not attributable to a...
Posted On May 9, 2015
, By Oscar Jimenez
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Budweiser in BBC? Bogota Beer Company Acquired By Inbev’s Ambev Unit

Colombia’s largest chain of brew pubs, Bogota Beer Company (BBC), has been sold to Ambev, the Brasil based subsidiary of global beer and beverage giant Anheuser-Busch Inbev, owner of brands such as Budweiser, Corona, Skol, and Stella Artois. The transaction was led by Colombian...
Posted On May 9, 2015
, By Loren Moss
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Gran Tierra and West Face Capital Reach Deal: Gary Guidry Appointed CEO, Agreement On New Board

CALGARY and TORONTO, May 8, 2015 /CNW/ – Gran Tierra Energy Inc. (From a statement issued by Gran Tierra this morning) (NYSE MKT: GTE, TSX: GTE), a company focused on oil exploration and production in Colombia and other countries in South America, and West Face Capital Inc....
Posted On May 8, 2015
, By Loren Moss
LNG Floating Storage Unit (CNW Group/Pacific Rubiales Energy Corp.)
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Breaking News; Pacific Rubiales Considering Takeover Bid By Alfa SAB and Harbour Energy

TORONTO, May 5, 2015 (CNW) Finance Colombia has learned that the Canadian petroleum company Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) has entered into exclusive discussions in respect of an offer  from Mexican conglomerate ALFA, SAB de CV, and Harbour Energ...
Posted On May 6, 2015
, By Loren Moss
Coal new colombia resources
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Breaking News: Pacific Coal Resources, Ltd. Defaults In Filing; Under Temporary Cease Trade Order

Pacific Coal Resources Ltd. (TSXV: PAK) announced today that it has filed a Material Change Report in respect of the Company’s default in filing annual financial statements, management’s discussion and analysis, and certifications for the period ending December 31,...
Posted On May 4, 2015
, By Loren Moss
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Exclusive Interview: Medellin’s Vice-Mayor Discusses The City’s Culture Of Innovation, Pro Growth Strategy

How did Medellín go from being infamous as the most dangerous city on Earth to being famous as the most innovative city on Earth? The United Nations recently held a global conference in Medellín, bringing government officials from all over the world to learn from Medellin’s...
Posted On May 4, 2015
, By Loren Moss
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Unisys Ups Its Commitment To Colombia, Opens Global Innovation Center

Unisys Corporation (NYSE: UIS) has announced the launch of the Unisys Global Innovation Center in Bogotá, Colombia. This center will be focused on the creation of customized IT solutions for Unisys clients throughout the world. The Bogotá center will be the second of its kind...
Posted On May 4, 2015
, By Loren Moss
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