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Colombia has turned out to be one of the major players in the growth of LTE in Latin America due to early commercial launches of the technology in 2012, preceding even the launches in the US by Sprint and T-Mobile and beating out markets like Denmark, Spain, France and Italy. The...

The strong U.S. dollar, Colombian peso (COP) depreciation and slow growth in Latin American economies are not expected to be serious threats to the credit strengths of Colombia’s largest private banks, says Fitch Ratings. In a strong dollar environment, Colombia’s...

Colombia’s Minister of Finance, Mauricio Cardenas, revealed Thursday that Colombia will have access to a credit line of US $ 400 million with the Central American Bank for Economic Integration (BCIE for its initials in Spanish). Colombia has been a non-regional member of the BCIE...

The utility Grupo EPM (Empresas Públicas de Medellín), owned by the municipal government of Colombia’s second largest city, has reached an agreement to purchase the water utility Aguas de Antofagasta, S.A. (ADASA)  in Chile, subject to Chile’s Empresa Concesionaria de Servicios...

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) announced Thursday that its first quarter 2015 results will be released before market opening next month, on Thursday, May 14, 2015 followed by a conference call and webcast for investors and analysts at  9am Eastern Time....

Energy technology provider Innovari has appointed Manuel Arancibia as president of Innovari Latin America in conjunction with the opening of its Colombia office. The expansion supports the growth of the company’s Latin American operations, and adds a local sales and...

InterContinental Hotels Group (IHG)  [LON:IHG, NYSE:IHG (ADRs)]  has announced the opening of the Holiday Inn Express Cartagena Bocagrande hotel in Cartagena. The new, 200-room hotel is the second IHG property in Cartagena and IHG’s 12th property in Colombia. A third Cartagena...

The Export-Import Bank of the United States (Ex-Im Bank) has approved a $22.4 million dollar loan guarantee for Apple Bank for Savings of New York to finance the export of U.S.-made AgustaWestland AW139 helicopters to borrower North Pole Investments in Panama for us...

Copa Airlines (NYSE:CPA) and Boeing (NYSE: BA) announced on Friday, a $6.6 billion US dollar (based on Boeing’s published list prices) order for 61 737 MAX-8 and MAX-9 airplanes, making it the largest commercial transaction between a Panamanian and United States company ever....

Empresa Energía de Bogotá (EEB), parent company of Grupo Energía de Bogotá, was awarded the UPME STR 07-2014 Río Córdoba 220/110 kV tender offer, by Colombia’s Mining and Energy Planning Unit (UPME) last Thursday. The project consists of the construction, operation and...