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Month

//September 2016
An Avianca Airbus A320 Jet
off

Avianca Brasil Reportedly on the Verge of Selling 20% of Airline for $150 Million USD

"The sale process has started" for a one-fifth holding in the Brazilian airline.
Posted On September 30, 2016
, By Jared Wade
ruta n alejandro franco colombia medellín
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Medellín Celebrates Two-Year Anniversary of Innovation Pact

By 2021, Ruta N hopes that the companies that signed on will be investing at least 3% of their sales back into activities in science, technology, and innovation.
Posted On September 30, 2016
, By Jared Wade
EPM Colombia jorge londono de la cuesta
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EPM Announces 16% Year-Over-Year Growth So Far in 2016

EPM's Jorge Londoño De La Cuesta says Fitch's investment-grade ratings for the utility "are a demonstration of confidence in the strength of the company."
Posted On September 29, 2016
, By Jared Wade
linio colombia bogota Luis Eduardo López
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Latin American Online Retailer Linio Raises $55 Million USD in Its Fourth Round of Funding

This round of funding is Linio's fourth and brings overall capital-raising efforts to more than $260 million USD.
Posted On September 29, 2016
, By Jared Wade
pacific exploration o'hara administration
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Pacific Exploration Sells Its Stake in Karoon Blocks Holdings in Brazil

Pacific Exploration is selling its 35% stake in the Karoon Blocks in Brazil to Karoon Gas Australia Ltd. for at least $15.5 million.
Posted On September 28, 2016
, By Jared Wade
colombia dubai
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Dubai Hopes to Increase Trade with Colombia

“Colombia’s economy is built on many of the same sectors and industries that we excel in here in Dubai,” says Hamad Buamim of Dubai Chamber.
Posted On September 28, 2016
, By Jared Wade
colombia secretary treasury jacob lew santos cardenas
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U.S. Treasury Secretary Jacob Lew to Meet with Colombian President Santos Tomorrow

The secretary's mission is to consult with Colombian officials on their plans to maintain strength in public finances in a post-conflict Colombia.
Posted On September 27, 2016
, By Jared Wade
colombia peace signing santos timochenko
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European Union and the OAS Add Further Support for Colombia’s Now-Formalized Peace Accord

FARC's removal from the terrorist group list "will open the door for Colombia to receive $600 million USD in EU aid for post-conflict refunding."
Posted On September 27, 2016
, By Jared Wade
lorenzo garavito helm colombia
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Interview: HBI’s Lorenzo Garavito Says Colombia’s Traditional Business Structures Becoming More Sophisticated, Engaging Investment Banks

Lorenzo Garavito believes the best investment in Colombia is to bet on the consumer. Retail, restaurants, and grocery stores are all low-risk plays with good returns.
Posted On September 26, 2016
, By Loren Moss
Banco de Bogota Colombia
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Banco de Bogotá Introduces New Debit Cards for International Online Purchases

With the new CVV2-equipped cards, Banco de Bogotá cardholders can now "make purchases online at any merchant in the world."
Posted On September 23, 2016
, By Jared Wade
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