Finance Colombia

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Suramericana To Make $674 Million USD Acquisition Of RSA Insurance Group’s Latam Assets

Medellín based Grupo SURA´s insurance and risk management subsidiary, Suramericana S.A., has announced that it has reached a definite agreement to acquire RSA Insurance Group PLC´s operations in Latin America, for a total of £403 million British pounds, representing COP 1.91...

Posted On September 14, 2015

, By Loren Moss

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Kuepa Buys Bogotá Based First Class English, Raises Additional $3 Million USD To Fuel Latam Growth

Online learning and workforce development firm Kuepa.com has grown its Colombian presence by taking a majority stake in Colombian language school First Class English, which provides educational programs, test preparation, and exams for the corporate market in Colombia. First...

Posted On September 14, 2015

, By Loren Moss

Toronto from Lake Ontario - courtesy Pixabay

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ProColombia, MinTIC TO Hold “Colombia Bring IT On” Business Event in Toronto In October

ProColombia and the Colombian Ministry of Information Technologies and Communications will host the first technology focused Business Matchmaking forum to pair roughly 70 Colombian companies with an expected 150 to 200 Canadian and US buyers and investors October 28 and 29, 2015...

Posted On September 14, 2015

, By Loren Moss

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President’s Forum Unites Key Colombian Business Leaders for 3rd Annual Leadership Encounter

Bogotá’s Club El Nogal will be the host of the 3rd annual Leadership Encounter sponsored by the Colombian Presidents’ Forum, named “Leaders that inspire actions of change.” The event, September 30 from 7am to 1pm, seeks to bring together the most successful professionals and...

Posted On September 14, 2015

, By Loren Moss

Jacana oilfield chachalaca 1 caribbean graphic

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GeoPark Strikes Oil At 12,270 Foot Depth Off Colombia’s Caribbean Coast

Latin American oil and gas explorer GeoPark Limited (NYSE: GPRK), with current operations in Chile, Colombia, Brasil, and Argentina, has announced a new oil field discovery following the drilling of the Chachalaca 1 exploration well, located on the Llanos 34 Block in Colombia,...

Posted On September 14, 2015

, By Loren Moss

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High Level US Trade Delegation Arrives In Colombia This Week

Beginning Wednesday, September 16th and 17th, 20 US companies will be visiting Colombia, accompanied by the US Chamber of Commerce and the US State Department. The delegation will be meeting with top Colombian government representatives to discuss different topics relevant to...

Posted On September 14, 2015

, By Loren Moss

Exento Extento, Exencion,Aeronautica Civil, Aerocivil, Tax Stamp

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International Visitors No Longer Have To Stand In Line For Tax Stamp When Departing From Colombia’s Airports

Up until now, International visitors, and Colombians in certain circumstances, have had to go to a counter and get a tax exemption stamp known as an “exento” when departing Colombia. This exempts them from a modest departure tax, but creates an unnecessary hassle, and another...

Posted On September 14, 2015

, By Loren Moss