Operators, providers, and other companies included in the regulation may face sanctions from the Superintendence of Industry and Commerce if they fail to comply.
"This equity injection, along with an agreement to rollover bank debt with Bancolombia, have allowed the company to greatly reduce its refinancing risk," stated Fitch.
CFO Santiago Giraldo: “We see our business performing exceptionally well in a challenging market with share gains driving double-digit organic growth."
"After receiving their remittance in Nequi, users can use the app to send money to other people, make digital and physical payments," said Maria del Pilar Correa of Nequi.
The depressed climate has lowered expectations that the energy generation system will realize the new capacity required to meet demand in the "medium term," per the agency.
This is the fifth straight year Procaps has placed first in the annual "innovation ranking," which measures firms in Colombia on their innovation capacity in areas including organizational culture, product innovation, and marketing.
Manolo Constain of Invest Pacific said that the trip was designed to generate investment, foster job creation, and "reinforce commercial ties between the two territories."