AM Best is maintaining its stable market segment outlook on Colombia’s insurance industry, citing Colombia’s favorable economy, strong capital positions among carriers and adequate regulation. The new Best’s Market Segment Report, titled, “Market Segment Outlook: Colombia...
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) has completed the spin-off of its Marmato Mining assets through a reverse takeover transaction completed this week with Bluenose Gold Corp. The resulting issuer is named Caldas Gold Corp. and subject to fulfillment of all of the...
Colombian low-cost airline Viva Air this week announced that Rappi co-founder Juan Pablo Ortega Merino, co-founder of Rappi has been added to the company’s board of directors.
Canada-based Frontera Energy Corporation (TSX: FEC) has announced a successful find of oil and gas in its La Belleza-1 well in their VIM-1 block, a joint venture with Parex Resources, Inc (TSX: PXT).
ProColombia has opened registration for the 80th Business Matchmaking Forum to take place in Medellín’s Plaza Mayor Convention Center from March 16-18, expecting to bring together 3,000 entrepreneurs, exporters and buyers from across Colombia and abroad.
Ratings firm Moody's Investors Service (Moody's) has upgraded LifeMiles Ltd.'s senior secured and corporate family ratings to B1 from B2. The outlook has been revised to stable from negative.
Fitch Ratings has assigned a 'BBB' rating to Bancolombia's (NYSE: CIB) upcoming US dollar denominated senior unsecured notes. The global notes for $950 million dollars are due in 2025.
During 2019, Invest in Bogota (IIB), the city of Bogotá's investment promotion agency, supported 48 greenfield Foreign Direct Investment projects, its highest number for a calendar year since its institution in 2006.
Continental Gold Inc. has announced that, at a special shareholders meeting held today, its shareholders overwhelmingly approved the sale of the company to Zijin Mining Group, of China, voting over 98% in favor.