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Colombia’s transformational 4G highway overhaul project creates business opportunities for local banks, but with those opportunities come funding challenges, says Fitch Ratings. The most significant challenge for 4G is attracting a broad range of international financing....

Finance minister Maurice Cardenas signed a Foreign Account Tax Compliance Act (FATCA) intergovernmental agreement, with US Ambassador Kevin Whitaker last Wednesday. The bilateral agreement is aimed at combating offshore tax evasion by promoting the exchange of information between...

EMC Corporation (NYSE: EMC) announced today that the 2015 EMC Heritage Trust Project is now accepting nominations for grants. Grants will support projects that practice and encourage the stewardship of cultural information in local communities around the world. To date, EMC has...

One of the most influential journalists from Europe specializing in motorcycle motorsports will be at the Feria de las 2 Ruedas this week in Medellín. Jaime Alguersuari Tortajada will be holding a seminar for experts, press, aficionados and industry functionaries on May 22. The...

Praxis, the multinational provider of IT and consulting solutions to the banking, finance and insurance sector, has announced its development of a new electronic records solution that turns mobile devices such as smartphones and tablets into data capture devices that can be used...

According to a report released by the International Monetary Fund (IMF) and the Multilateral Investment Fund (MIF) Remittances to Latin America and the Caribbean Set a New Record High in 2014, the recordbreaking increase in remittances (money transfers) to Latin America reflects...

Colombia’s Cementos Argos (“Argos”), the fifth largest producer of cement in Latin America, and the second largest in the southeast of the United States with operations in Colombia, Central America, the US and the Caribbean, announced the acquisition of one of...

Colombian Private Equity Firm Tribeca has announced its successful closing of the sale of its interest in Termocandelaria Power Limited (TPL) to a consortium of minority shareholders and institutional investors. TPL is the owner of Termocandelaria S.C.A. E.S.P. in Cartagena, and...

After working together for more than a year to negotiate a memorandum of understanding (MOU), The investment promotion agencies of Jamaica and Colombia, JAMPRO and ProColombia, respectively, have reached an agreement to promote trade and foreign direct investment between the two...

This is a reprint of Ecopetrol’s statement released today: — The Group’s production maintained its growth trend, averaging 773.4 MBOED in the first quarter of 2015. Production operated by Ecopetrol S.A. increased by 12.6%. — Barrancabermeja’s gross...