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Avianca Acquires 90% Stake in Servicios Aeroportuarios Integrados
SAI supports ground operations including aircraft dispatch, engine starting, counter check-in, and cabin cleaning.
Posted On November 7, 2017
By
//Jared Wade
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Colombia Signs $315 Million USD Agreement with United Nations to Combat Coca Production
The UN pledged to support "Colombia's activities to encourage local communities to voluntarily give up coca cultivation.”
Posted On November 7, 2017
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Banco Santander de Negocios Colombia Joins ACH Network for Digital Payments
The Spanish commercial bank now will be able to make more secure interbank transfers and use ACH’s “PSE Button” for digital payments.
Posted On November 7, 2017
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Ongoing Recovery: Fitch Ratings Upgrades Frontera Energy’s Rating from B to B+
"The rating upgrade reflects Frontera's ability to stabilize its operational and financial performance," stated Fitch Ratings.
Posted On November 5, 2017
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Inflation Ticks Up Slightly in Colombia to a Year-Over-Year Rate of 4.05% in October
The October rate is up slightly from 3.97% last month and puts inflation outside of the central bank’s target rate for the first time since June.
Posted On November 4, 2017
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Interview: Colombia Fintech Startups Alegra and Bankity to Compete for Funding at Finnosummit in Miami Next Week
"Fintech investments are on the rise in Latin America, growing 31%, in terms of dollars, and 81%, in terms of deal count, in 2016."
Posted On November 3, 2017
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Eco Oro Minerals’ Plan of Arrangement Enters into Effect
Canadian mining company Eco Oro Minerals Corp. announced that its plan of arrangement has become effective.
Posted On October 31, 2017
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Frontera Energy Sells Interest in Petroelectrica de los Llanos for $56 Million USD
Eléctricas de Medellín – Ingeniería y S.A.S is the buyer in a cash deal for what Frontera Energy called a “non-core asset.”
Posted On October 28, 2017
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Colombian Central Bank Surprises Market by Cutting Interest Rate by 25 Basis Points to 5.0%
The move continues a year-long rate-cutting trend but surprised a market that expected the Banco de la República to leave the rate steady.
Posted On October 27, 2017
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Fitch Ratings Affirms Colombia’s BBB Rating and Stable Outlook
Fitch held the line on Colombia's ratings given the country's “long track record of credible, flexible, and consistent macroeconomic policies."
Posted On October 26, 2017
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