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Month

//March 2019
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Ecopetrol Promotes José Cotello to President of Brazilian Subsidiary

Colombian petroleum producer Ecopetrol S.A. has announced that José Cotello, who had been serving as Regional Vice President Orinoquía (VRO) since 2015, was appointed as President of the Ecopetrol subsidiary in Brazil and will assume his new functions as of April 1, 2019. The...
Posted On March 19, 2019
, By Loren Moss
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Colombian Cosmetics Company Cerescos Seeks To Globalize, Presents Masglo Brand At Cosmoprof Worldwide in Bologna, Italy

Colombian cosmetics company Cerescos S.A.S., owner of brands Masglo and Admiss, has participated in the Cosmoprof Worldwide trade fair in Bologna, Italy from March 15 to 18, 2019 through its Masglo brand. Seeking to become a global brand, Masglo currently has a presence in more...
Posted On March 19, 2019
, By Loren Moss
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Cushman & Wakefield Taps Marc Royer To Head Capital Markets For South America

Global real estate brokerage and advisory firm Cushman & Wakefield has appointed Marc Royer to lead the new Capital Markets business unit for South America. Marc Royer is responsible for the new business unit of Capital Markets for South America of Cushman & Wakefield, a...
Posted On March 19, 2019
, By Loren Moss
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Frontera Energy Beats 2018 Guidance, Declares Dividend, Ups Stake In CGX

Frontera Energy (TSX:FEC) achieved or exceeded its original 2018 guidance targets, with the exception of production guidance where it achieved revised guidance. Average production before royalties of 71,032 boe/d (within guidance range of 70,000 to 72,000 boe/d), operating EBITDA...
Posted On March 19, 2019
, By Loren Moss
Amazon River photo credit alexaschmitz - Pixabay
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Colombia & Other Amazon Countries Go To ICANN To Keep .amazon Domain Name From Amazon.com

Following a series of concerns expressed by Colombia and other countries in the Amazon basin, the Board of Directors of the Internet Corporation for the Assignment of Names and Numbers (ICANN) took the decision to set the final steps for the Amazon States and the American company...
Posted On March 19, 2019
, By Loren Moss
Banco Itaú Colombia (Photo credit: Thomas Hobbs)
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Fitch: Itaú Corpbanca affirmed at ‘BBB-‘; Outlook Stable

Fitch Ratings has affirmed Banco Itaú Corpbanca Colombia S.A.’s (Itaú Colombia) Long-Term Local and Foreign Currency Issuer Default Ratings (IDRs) at ‘BBB-‘. Itaú Colombia established operations in Colombia in 2012 as part of the regional expansion strategy of...
Posted On March 19, 2019
, By Loren Moss
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Medellín To Host 49th General Assembly of the OAS

For the second time in history, Medellín has been chosen to host the General Assembly of the Organization of American States (OAS). The decision was made by resolution after Colombia offered motions to organize and host the meeting to be held between June 26 and 28, 2019....
Posted On March 12, 2019
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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After Record 2018 Results, Tecnoglass Floats Offering Of Up To 9,200,000 Additional Shares

Tecnoglass Inc. (NASDAQ: TGLS) (BVC:TGLSC), the Barranquilla, Colombia based manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, after announcing record 2018 results and a strong backlog...
Posted On March 12, 2019
, By Loren Moss
Bogota photo courtesy of Cushman & Wakefield
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Study: Bogotá Class A Office Space Absorption Jumps 39% In 2018

Bogotá, despite the country’s economic slowdown, consolidated its position as the country’s largest Class A office space market, according to the MarketBeat study conducted by real estate firm Cushman & Wakefield. Class A offices (which include sub-classes AAA and...
Posted On March 12, 2019
, By Loren Moss
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Colombian Insurer Aseguradora Solidaria de Colombia Reports Record Growth Amidst A Strong Insurance Market

While the insurance market in Colombia grew at a rate of 5.5% in 2018, Aseguradora Solidaria stood out with a growth rate of 18.8%, led by growth in personal lines. Carlos Arturo Guzmán, (above) president of the company, revealed: “the truth was a year of very good results,...
Posted On March 12, 2019
, By Loren Moss
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