Month

Colombian President Ivan Duque was present in Cartagena today to give the opening address to ANDICOM, Colombia’s largest and most important ICT (Information & Communications Technology) event. Duque announced the creation of an entrepreneurial ecosystem initiative led by...

Colombia’s Ministry of Finance and Public Credit (Hacienda) announced that by November, Colombia will restructure its ownership of almost two dozen government-owned companies into a single entity with an expected value of $80 billion USD. The holding company would be comprised of...

Representatives of Colombia and Japan have agreed to establish a permanent working group to advance common interests in trade, investment, and cooperation in the “Orange economy.” The effort was agreed upon during a meeting between Colombian vice minister of trade Laura...

Global law firm Baker McKenzie has added Carolina Duque to its Colombia Banking and Finance practice. Duque is a local partner specializing in local and international project finance. Duque’s addition is expected to complement the firm’s growth strategy defined by the partners....

Heavy commodity dependence and direct trade exposures represent significant vulnerabilities for Latin American economies if China’s slowdown is sharper than expected, says Fitch Ratings. Large commodity exporters such as Chile, Brazil, Peru and Colombia are likely to be...

Unisys Corporation (NYSE: UIS) today announced that Bancolombia (NYSE: CIB) has selected Unisys to support the bank’s digital transformation. Unisys will provide secure digital workplace service capabilities supporting more than 24,000 employees, including a help desk that...

Global accounting and audit firm KPMG has completed a review of Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH)  financial statements and notes as of June 30, 2019. A statement and letter to shareholders was prepared, and the letter was entered into the public record via a 6-K...

Avianca: "Our business may not succeed even if the Re-profiling Plan is successful and the Stakeholder Investment is consummated."

Plural Comunicaciones S.A.S, concessionaire of Canal 1, after a financial review and after exploring numerous alternatives together with its partners, has decided to cancel the popular weekend news program Noticias Uno. Well liked by viewers, Noticias Uno has been consistently...

Chevron Corporation (NYSE:CVX) last week in Bogotá launched a major initiative to support residents of Colombia’s La Guajira department on the country’s Atlantic Coast. The global petroleum giant collaborated with the local Catholic Diocese of Riohacha and many Colombian delivery...