Month

Colombia’s Ministry of Information and Communications Technologies (MINTIC) announced three important decisions that are intended to give Colombia greater development in terms of technology and services for rural areas. The Deputy Minister of Connectivity and Digitalization, Iván...

Medellín based utility company EPM (Empresas Públicas de Medellín) announced last week that it has decided to pause the planned first stage of the sale of its shares in Interconexión Eléctrica S.A. (ISA). Currently, in this process, 112,605,547 ordinary shares, equivalent to...

The Mayor of Ibagué, Tolima Dr. Alfonso Jaramillo Martínez, is scheduled to formally accept delivery of the Elipse Unified Command and Control System developed for the city of Ibague by the Corporation of High Technology for Defense “CODALTEC”, a Colombian government-controlled...

Global hotel brand Novotel, part of the Accor portfolio, has opened its first Medellín location, rebranding the former Atton hotel anchoring the upscale El Tesoro shopping center. Accor has attributed the decision due to Medellín’s strategic location and position as one of the...

Latin American corporate credit indicators point toward varying leverage trends across the region, with the majority of countries experiencing stabilizing and decreasing leverage, according to a series of new Fitch Ratings reports. “Following a heavy election cycle in 2018,...

Colombian petroleum producer Ecopetrol and its petroleum logistics subsidiary Cenit have just announced the unearthing of a trove of archaeological artifacts, considered one of the largest finds of its kind in the Colombia’s “Eje Cafetero” coffee region, while constructing the...

Global business content group WOBI recently held its one day meeting on digital transformation in Medellín’s Plaza Mayor convention center, bringing together international and national speakers to share ideas and ways to rethink business models and customer relationships. The...

Considered by the international media as the main event of the Latin American motorcycle industry, the 13th annual Feria de las 2 Ruedas, organized by Medellín firm Prisma Events, returns to Plaza Mayor in Medellín opening its doors on May 2 and 3 for industry professionals and...

Toronto based Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has announced that it has obtained a US$175 million financing package of US$75 million of unsecured convertible debentures issued to certain investors, including a US$50 million debenture from Newmont Mining Corporation...

Fitch Ratings has affirmed Sura Asset Management S.A.’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB+’ with a stable rating outlook. Key Ratings Drivers, IDRs and Senior Debt Medellín, Colombia based Sura Asset Management’s...