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Month

//September 2018
President Felipe Bayón (left) and USO President César Loza (right) finalized the labor agreement at the Ministry of Labor in Bogotá today alongside Minister of Labor Alicia Arango. (Photo credit: Ecopetrol)
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Ecopetrol Finalizes Labor Deal with USO Petroleum Workers Union Through 2022

To formalize an agreement announced last week, the heads of Ecopetrol and USO sat down yesterday to sign the deal.
Posted On September 29, 2018
, By Jared Wade
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Colombian Central Bank Holds Key Interest Rate Steady at 4.25%

Banco de la República has now held the rate steady since cutting it by 25 basis points to 4.25% at its April meeting.
Posted On September 29, 2018
, By Jared Wade
Photo: Asobancaria President Santiago Castro (left) and OAS Secretary General Luis Almagro (right) sign the cybersecurity cooperation agreement in Washington. (Photo credit: Juan Manuel Herrera/OAS)
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Asobancaria Partners with OAS to Strengthen Cybersecurity in Colombian Financial Sector

"We have taken the issue of cybersecurity very seriously," said Asobancaria President Santiago Castro.
Posted On September 28, 2018
, By Jared Wade
President Donald Trump participates in a bilateral meeting Colombian President Ivan Duque Marquez Tuesday, September 25, 2018, at the United Nations Headquarters in New York. (Photo credit: Official White House photo by Shealah Craighead)
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Drugs, Peace, and Venezuela: Duque Outlines Colombian Agenda on Key Issues During U.N. Assembly, Trump Meeting

At the U.N., Duque reiterated his commitment to crack down on illicit coca production, strengthen the country’s peace process, and find a solution to the Venezuelan crisis.
Posted On September 28, 2018
, By Andy East
Oil rig (Photo credit: Catmoz / Pixabay)
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Ecopetrol Wins Joint Bid to Explore Pau-Brasil Oil Block in Vast Santos Basin off Brazilian Coast

Colombian state-controlled oil company Ecopetrol (NYSE: EC) (BVC: ECOPETROL) was among the exploration block winners today at an auction in Brazil and now holds the rights to a portion of the oil extracted from the Santos basin off the coast of South America’s largest...
Posted On September 28, 2018
, By Jared Wade
OAS Secretary General Luis Almagro visits the Colombian/Venezuelan border in September. (Credit: OAS)
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Colombia to Host OAS General Assembly in 2019

“This year marked 70 years since the founding of the OAS in Bogotá. For our government it will be an honor," said Colombian diplomat Alejandro Ordoñez.
Posted On September 27, 2018
, By Jared Wade
Facebook Dating comes to Colombia. (Phone images via Facebook)
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Why Facebook Debuted Its New Dating Service in Colombia

Facebook says it chose Colombia to start due to the fact that its population is tech-savvy and highly social.
Posted On September 25, 2018
, By Jared Wade
ecopetrol colombia fitch ratings bogota juan carlos echeverry
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Ecopetrol Agrees to Deal to End Labor Dispute with Petroleum Workers Union

The new deal with the Petroleum Industry’s Workers Union (USO) lasts through 2022. Workers will receive a raise of the inflation rate plus 1.21% in 2018 and inflation plus 1.7% in the next four years.
Posted On September 25, 2018
, By Jared Wade
Clyde Hutchinson, director of Viva Air Labs, and Félix Antelo, president and CEO of Viva Air, celebrate the opening of the innovation center. (Credit: Viva Air)
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Viva Air Launches ‘Viva Air Labs’ to Pursue Innovation in Latin American Aviation Industry

Among the projects underway is the development of methods to pay for flights through mobile platforms such as WhatsApp.
Posted On September 24, 2018
, By Jared Wade
University of the Andes - The Edifício Mario Laserna at the Universidad de los Andes in Bogotá, Colombia. (Credit: Leandro Neumann Ciuffo / Universidad de los Andes)
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Universidad de los Andes Named Best University in Colombia, Eighth Best in Latin America

Though Los Andes continues to excel, the nation’s other institutions continue to lag behind many of their regional peers in the rankings.
Posted On September 24, 2018
, By Jared Wade
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