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Privacy Policy

PRIVACY POLICY

Last updated May 14, 2025

This privacy notice for Unido Digital Media LLC (doing business as Empleo Bilingue, Finance Colombia, Cognitive Business News, Finance Americas, and other properties) (“we,” “us,” or “our“), describes how and why we might collect, store, use, and/or share (“process“) your information when you use our services (“Services“), such as when you:

  • Visit any website of ours that links to this privacy notice
  • Engage with us in other related ways, including any sales, marketing, or events

Questions or concerns? Reading this privacy notice will help you understand your privacy rights and choices. If you do not agree with our policies and practices, please do not use our Services. If you still have any questions or concerns, please contact us at [email protected].

SUMMARY OF KEY POINTS

What personal information do we process? When you visit, use, or navigate our services, we may process personal information depending on how you interact with our websites and the services, the choices you make, and the products and features you use.

Do we process any sensitive personal information? We do not process sensitive personal information beyond what may normally be included on a resumé or social media profile.

Do we receive any information from third parties? Generally, no. But if you are a potential purchaser of our services or our products, we may utilize business-to-business data enrichment platforms, for example to prepare for scheduled sales meetings to learn about your company or organization. These may include platforms such as LinkedIn, ZoomInfo, web searches, etc.

How do we process your information? We process your information to provide, improve, and administer our Services, communicate with you, for security and fraud prevention, and to comply with law. We may also process your information for other purposes with your consent. We process your information only when we have a valid legal reason to do so.

In what situations and with which types of parties do we share personal information? We may share information in specific situations and with specific categories of third parties.

How do we keep your information safe? We have organizational and technical processes and procedures in place to protect your personal information. However, no electronic transmission over the internet or information storage technology can be guaranteed to be 100% secure, so we cannot promise or guarantee that hackers, cybercriminals, or other unauthorized third parties will not be able to defeat our security and improperly collect, access, steal, or modify your information.

What are your rights? Depending on where you are located geographically, the applicable privacy law may mean you have certain rights regarding your personal information.

How do you exercise your rights? The easiest way to exercise your rights is by visiting one of our several contact forms, such as the contact form on this website, via social media, such as LinkedIn, https://www.linkedin.com/company/unido-digital/ or by contacting us. There are telephony links for Whatsapp on our websites. We will consider and act upon any request in accordance with applicable data protection laws.

 

  1. WHAT INFORMATION DO WE COLLECT?

Personal information you disclose to us.

In Short: We collect personal information that you provide to us.

We collect personal information that you voluntarily provide to us when you register on the Services, express an interest in obtaining information about us or our products and Services, when you participate in activities on the Services, or otherwise when you contact us.

Personal Information Provided by You. The personal information that we collect depends on the context of your interactions with us and the Services, the choices you make, and the products and features you use. The personal information we collect may include the following:

  • names
  • phone numbers
  • email addresses
  • mailing addresses
  • job titles
  • usernames
  • passwords
  • contact preferences
  • contact or authentication data

Sensitive Information. We do not process sensitive information.

Payment Data. We may collect data necessary to process your payment if you make purchases, such as your payment instrument number, and the security code associated with your payment instrument. All payment data is stored by Stripe and PayPal. You may find their privacy notice link(s) here: https://stripe.com/privacy and https://www.paypal.com/us/legalhub/privacy-full.

Social Media Login Data. We may provide you with the option to register with us using your existing social media account details, like your Facebook, Twitter, or other social media account.

All personal information that you provide to us must be true, complete, and accurate, and you must notify us of any changes to such personal information.

Information automatically collected

In Short: Some information — such as your Internet Protocol (IP) address and/or browser and device characteristics — is collected automatically when you visit our Services.

We automatically collect certain information when you visit, use, or navigate the Services. This information does not reveal your specific identity (like your name or contact information) but may include device and usage information, such as your IP address, browser and device characteristics, operating system, language preferences, referring URLs, device name, country, location, information about how and when you use our Services, and other technical information. This information is primarily needed to maintain the security and operation of our Services, and for our internal analytics and reporting purposes.

 

Like many businesses, we also collect information through cookies and similar technologies.

The information we collect includes:

  • Log and Usage Data. Log and usage data is service-related, diagnostic, usage, and performance information our servers automatically collect when you access or use our Services and which we record in log files. Depending on how you interact with us, this log data may include your IP address, device information, browser type, and settings and information about your activity in the Services(such as the date/time stamps associated with your usage, pages and files viewed, searches, and other actions you take such as which features you use), device event information (such as system activity, error reports (sometimes called “crash dumps”), and hardware settings).
  • Device Data. We collect device data such as information about your computer, phone, tablet, or other device you use to access the Services. Depending on the device used, this device data may include information such as your IP address (or proxy server), device and application identification numbers, location, browser type, hardware model, Internet service provider and/or mobile carrier, operating system, and system configuration information.
  • Location Data. We collect location data such as information about your device’s location, which can be either precise or imprecise. The information we collect depends on the type and settings of the device you use to access the Services. You can opt out of allowing us to collect this information either by refusing access to the information or by disabling your Location setting on your device. However, if you choose to opt out, you may not be able to use certain aspects of the Services.
  1. HOW DO WE PROCESS YOUR INFORMATION?

In Short: We process your information to provide, improve, and administer our Services, communicate with you, for security and fraud prevention, and to comply with law. We may also process your information for other purposes with your consent.

We process your personal information for a variety of reasons, depending on how you interact with our Services, including:

  • To create, manage and authenticate accounts: We may process your information so you can create and log in to your account, as well as keep your account in working order.
  • To deliver and facilitate delivery of services to the user. We may process your information to provide you with the requested service.
  • To respond to user inquiries and offer support to users. We may process your information to respond to your inquiries and solve any potential issues you might have with the requested service.
  • To send administrative information to you. We may process your information to send you details about our products and services, changes to our terms and policies, and other similar information.
  • To request feedback. We may process your information when necessary to request feedback and to contact you about your use of our Services.
  • To protect our Services. We may process your information as part of our efforts to keep our Services safe and secure, including fraud monitoring and prevention.
  • To evaluate and improve our Services, products, marketing, and your experience. We may process your information in order to identify usage trends, determine the effectiveness of our promotional campaigns, and to evaluate and improve our Services, products, marketing, and your experience.
  • To identify usage trends. We may process information about how you use our Services to better understand how they are being used so we can improve them.
  • To comply with our legal obligations. We may process your information to comply with our legal obligations, respond to legal requests, and exercise, establish, or defend our legal rights.
  1. WHEN AND WITH WHOM DO WE SHARE YOUR PERSONAL INFORMATION?

In Short: We may share information in specific situations described in this section and/or with the following categories of third parties.

Vendors, Consultants, and Other Third-Party Service Providers. We may share your data with third-party vendors, service providers, contractors, or agents who perform services for us or on our behalf and require access to such information to do that work. We have contracts in place with our third parties, which are designed to help safeguard your personal information. This means that they cannot do anything with your personal information unless we have instructed them to do it. They will also not share your personal information with any organization apart from us. They also commit to protect the data they hold on our behalf and to retain it for the period we instruct. The categories of third parties we may share personal information with are as follows:

  • Payment Processors
  • User Account Registration & Authentication Services

We also may need to share your personal information in the following situations:

  • Business Transfers. We may share or transfer your information in connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our business to another company.
  • We may share your information with our affiliates, in which case we will require those affiliates to honor this privacy notice. Affiliates include our parent company and any subsidiaries, joint venture partners, or other companies that we control or that are under common control with us.
  • Business Partners. We may share your information with our business partners to offer you certain products, services, or promotions.

 

  1. WHAT IS OUR STANCE ON THIRD-PARTY WEBSITES?

In Short: We are not responsible for the safety of any information that you share with third parties that we may link to or who advertise on our Services, but are not affiliated with, our Services.

The Services may link to third-party websites, online services, or mobile applications and/or contain advertisements from third parties that are not affiliated with us and which may link to other websites, services, or applications. Accordingly, we do not make any guarantee regarding any such third parties, and we will not be liable for any loss or damage caused by the use of such third-party websites, services, or applications. The inclusion of a link to a third-party website, service, or application does not imply an endorsement by us. We cannot guarantee the safety and privacy of data you provide to any third parties. Any data collected by third parties is not covered by this privacy notice. We are not responsible for the content or privacy and security practices and policies of any third parties, including other websites, services, or applications that may be linked to or from the Services. You should review the policies of such third parties and contact them directly to respond to your questions.

  1. DO WE USE COOKIES AND OTHER TRACKING TECHNOLOGIES?

In Short: We may use cookies and other tracking technologies to collect and store your information.

We may use cookies and similar tracking technologies (like web beacons and pixels) to access or store information. Specific information about how we use such technologies and how you can refuse certain cookies is set out in our Cookie Notice.

  1. HOW DO WE HANDLE YOUR SOCIAL LOGINS?

In Short: If you choose to register or log in to our Services using a social media account, we may have access to certain information about you.

Our Services offer you the ability to register and log in using your third-party social media account details (like your Facebook or Twitter logins). Where you choose to do this, we will receive certain profile information about you from your social media provider. The profile information we receive may vary depending on the social media provider concerned, but will often include your name, email address, friends list, and profile picture, as well as other information you choose to make public on such a social media platform.

We will use the information we receive only for the purposes that are described in this privacy notice or that are otherwise made clear to you on the relevant Services. Please note that we do not control, and are not responsible for, other uses of your personal information by your third-party social media provider. We recommend that you review their privacy notice to understand how they collect, use, and share your personal information, and how you can set your privacy preferences on their sites and apps.

  1. HOW LONG DO WE KEEP YOUR INFORMATION?

In Short: We keep your information for as long as necessary to fulfill the purposes outlined in this privacy notice unless otherwise required by law.

We will only keep your personal information for as long as it is necessary for the purposes set out in this privacy notice, unless a longer retention period is required or permitted by law (such as tax, accounting, or other legal requirements). No purpose in this notice will require us keeping your personal information for longer than the period of time in which users have an account with us.

When we have no ongoing legitimate business need to process your personal information, we will either delete or anonymize such information, or, if this is not possible (for example, because your personal information has been stored in backup archives), then we will securely store your personal information and isolate it from any further processing until deletion is possible.

  1. HOW DO WE KEEP YOUR INFORMATION SAFE?

In Short: We aim to protect your personal information through a system of organizational and technical security measures.

 

We have implemented appropriate and reasonable technical and organizational security measures designed to protect the security of any personal information we process. However, despite our safeguards and efforts to secure your information, no electronic transmission over the Internet or information storage technology can be guaranteed to be 100% secure, so we cannot promise or guarantee that hackers, cybercriminals, or other unauthorized third parties will not be able to defeat our security and improperly collect, access, steal, or modify your information. Although we will do our best to protect your personal information, transmission of personal information to and from our Services is at your own risk. You should only access the Services within a secure environment.

  1. DO WE COLLECT INFORMATION FROM MINORS?

In Short: We do not knowingly collect data from or market to children under 18 years of age.

We do not knowingly solicit data from or market to children under 18 years of age. By using the Services, you represent that you are at least 18 or that you are the parent or guardian of such a minor and consent to such minor dependent’s use of the Services. If we learn that personal information from users less than 18 years of age has been collected, we will deactivate the account and take reasonable measures to promptly delete such data from our records. If you become aware of any data we may have collected from children under age 18, please contact us at [email protected].

  1. WHAT ARE YOUR PRIVACY RIGHTS?

In Short: You may review, change, or terminate your account at any time.

We have no presence in Europe, so if you are in Europe or anywhere else in the world, understand that you are using our website under the terms, conditions, laws, and jurisdiction of the United States.

Withdrawing your consent: If we are relying on your consent to process your personal information, which may be express and/or implied consent depending on the applicable law, you have the right to withdraw your consent at any time.

However, please note that this will not affect the lawfulness of the processing before its withdrawal nor, when applicable law allows, will it affect the processing of your personal information conducted in reliance on lawful processing grounds other than consent.

Opting out of marketing and promotional communications: You can unsubscribe from our marketing and promotional communications at any time by clicking on the unsubscribe link in the emails that we send, or by contacting us. You will then be removed from the marketing lists. However, we may still communicate with you — for example, to send you service-related messages that are necessary for the administration and use of your account, to respond to service requests, or for other non-marketing purposes.

Account Information

If you would at any time like to review or change the information in your account or terminate your account, you can log in to your account settings and update your user account.

Upon your request to terminate your account, we will deactivate or delete your account and information from our active databases. However, we may retain some information in our files to prevent fraud, troubleshoot problems, assist with any investigations, enforce our legal terms and/or comply with applicable legal requirements.

Cookies and similar technologies: Most Web browsers are set to accept cookies by default. If you prefer, you can usually choose to set your browser to remove cookies and to reject cookies. If you choose to remove cookies or reject cookies, this could affect certain features or services of our Services.

If you have questions or comments about your privacy rights, you may email us at [email protected].

  1. CONTROLS FOR DO-NOT-TRACK FEATURES

Most web browsers and some mobile operating systems and mobile applications include a Do-Not-Track (“DNT”) feature or setting you can activate to signal your privacy preference not to have data about your online browsing activities monitored and collected. At this stage no uniform technology standard for recognizing and implementing DNT signals has been finalized. As such, we do not currently respond to DNT browser signals or any other mechanism that automatically communicates your choice not to be tracked online. If a standard for online tracking is adopted that we must follow in the future, we will inform you about that practice in a revised version of this privacy notice.

  1. DO WE MAKE UPDATES TO THIS NOTICE?

In Short: Yes, we will update this notice as necessary to stay compliant with relevant laws.

We may update this privacy notice from time to time. The updated version will be indicated by an updated “Revised” date and the updated version will be effective as soon as it is accessible. If we make material changes to this privacy notice, we may notify you either by prominently posting a notice of such changes or by directly sending you a notification. We encourage you to review this privacy notice frequently to be informed of how we are protecting your information.

  1. HOW CAN YOU CONTACT US ABOUT THIS NOTICE?

https://www.linkedin.com/company/unido-digital/

  1. HOW CAN YOU REVIEW, UPDATE, OR DELETE THE DATA WE COLLECT FROM YOU?

You have the right to request access to the personal information we collect from you, change that information, or delete it. To request to review, update, or delete your personal information, please visit the contact form on this website, use the Whatsapp icon, or via LinkedIn: https://www.linkedin.com/company/unido-digital/

 

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Posted On December 28, 2017
, By Jared Wade
colombia murder rate homicide rate firearm gun weapon colombia homicide murder crime death killing violence
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Colombia’s Homicide Rate Falls to Another Historic Low in 2017

Colombia is expected to register "a little more than 11,000 homicides" in 2017 — below the 11,532 homicides officially recorded in 2016.
Posted On December 28, 2017
, By Jared Wade
seedling pharmacielo marijuana
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Khiron Life Sciences Transfers 100,000 Shares to Settle Dispute with PharmaCielo

Pharmacielo said in a statement that it "will not pursue the matter further" and that "no further details will be provided."
Posted On December 27, 2017
, By Jared Wade
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Frontera Energy Completes Reorganization of Colombian Operations and Projects Higher Production Figures

The Canadian oil company's operations in the country are now held by the Colombian branch of Meta Petroleum Corporation, a wholly owned subsidiary.
Posted On December 24, 2017
, By Jared Wade
banco de bogota financial inclusion
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Banco de Bogotá to Grant $3.5 Million USD in Micro-loans in Early 2018 During Continuation of ‘Financial Inclusion Route’

The campaign will focus on Antioquia, where two different vehicles will help grant micro-loans that will average around $1,700 USD.
Posted On December 22, 2017
, By Jared Wade
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Frontera Energy Adds Richard Herbert to Board and Promotes Three New Vice Presidents

Herbert has worked for BP, Philips Petroleum, and Talisman Energy and has experience working in the oil sector in Colombia.
Posted On December 21, 2017
, By Jared Wade
Juan José Echavarría, governor of Banco de la República (Credit: GFC Media Group / Bonds, Loans, and Derivatives Andes)
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Colombian Finance Minister, Central Bank Head to Discuss Economic Recovery at Bonds, Loans, and Derivatives Andes Conference

Mauricio Cárdenas and Juan José Echavarría will both speak at the 2018 Bonds, Loans & Derivatives Andes conference in February.
Posted On December 21, 2017
, By Editorial Staff
The Higabra Valley Tunnel at Continental Gold's Buriticá goldmine in Antioquia.
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Continental Gold Exceeds Gold Estimates in Latest Trial Mining Test at Buriticá

With 8.60 grams of gold per tonne, the test "yielded significantly more ounces of precious metals than we estimated," said CEO Ari Sussman.
Posted On December 19, 2017
, By Jared Wade
Argos Cement Colombia (Photo credit: Jared Wade)
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Colombian Regulator Fines Cement Companies Argos, Cemex, and Holcim $68 Million USD for Price-Fixing

Argos and Holcim have issued statements denying any wrongdoing and said that they disagree with the findings of Superindustria.
Posted On December 19, 2017
, By Jared Wade
Bladex - Wellington (Photo credit: Bladex)
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Bladex CEO Rubens Amaral Jr. to Step Down in April 2018, CFO Leaves Company

CEO Rubens Amaral will step down on April 30 and be replaced by N. Gabriel Tolchinsky. CFO Christopher Schech will be replaced by Ana Graciela de Méndez
Posted On December 19, 2017
, By Jared Wade
Ecopetrol Coyote-1 Well in Santander. (Credit: Ecopetrol)
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Ecopetrol Strikes Oil in Santander at Coyote-1 Well

Ecopetrol has a 50% stake in the discovery, which is lighter than typical heavy Colombian oil, according to the company.
Posted On December 19, 2017
, By Jared Wade
Photo: Hernan Parra, the master distiller of Dictator, celebrates the 2 Masters alliance with Mickaël Bouilly, cellar master of Hardy Cognac), and Bénédicte Hardy, owner of Hardy Cognac. (Credit: Dictador)
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Dictador Partners with World-Class Wine and Spirits Masters to Create Unique Colombian Rums

The 2 Masters project will bring in outside experts from the wine and spirits world to finish long-aged Dictador rum.
Posted On December 18, 2017
, By Jared Wade
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Grupo Exito Braces for Amazon Competition with Digital Marketplace Expansion and Plan to Launch Puntos Colombia

Exito plans to monetize its Big Data assets through a program called Puntos Colombia, which has been developed with Bancolombia and will launch in early 2018.
Posted On December 18, 2017
, By Rodrigo Torres
Travelers leaving El Dorado International Airport in Bogotá (Photo credit: Jared Wade)
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Bogotá’s El Dorado International Airport Upgrades Instrument Landing System

Aerocivil began operating the Instrument Landing System (ILS) Category III at El Dorado International Airport in late November.
Posted On December 17, 2017
, By Jared Wade
Photo: Attendees of the London Comic-Con 2105 conference in the United Kingdom. (Credit: Pete Sheffield)
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Nhora Lucía Serrano of Colombia Named as Comic-Con Judge for Prestigious Eisner Awards

Serrano works as a professor of comparative literature at Hamilton College in New York and her anthology, “Immigrants and Comics," will be published next year.
Posted On December 17, 2017
, By Jared Wade
City Express hotel in Puebla, Mexico. (Credit: Hoteles City)
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Hoteles City Express Opened Largest Hotel of 2017 in Medellín

While nearly all of its properties opened in 2017 were in Mexico, its largest new location is the 140-room City Express Plus in Medellín.
Posted On December 17, 2017
, By Jared Wade
Photo credit: Expodefensa
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More Than 12,500 Visit Expodefensa 2017 Security Conference in Bogotá

Attendance figures were up by around 20% this year at Colombia’s marquee defense and security event.
Posted On December 16, 2017
, By Jared Wade
EPM National University Rotor Diagnostic System
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EPM and National University Receive Patent on Rotor Diagnostic System for Power Plants

A technology to monitor power generation devices, developed jointly by Medellín-based utility Empresas Públicas de Medellín (EPM) and the National University of Colombia, has received a patent in Colombia and is now seeking a patent in the United States. Along with funding from...
Posted On December 15, 2017
, By Jared Wade
Vicky Colbert was awarded the first Yidan Prize for Educational Development by Hong Kong Chief Executive Carrie Lam. (Credit: Jared Wade)
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Vicky Colbert Wins Prestigious Yidan Prize for Lifelong Educational Work in Colombia

Vicky Colbert was awarded the first Yidan Prize for Educational Development by Hong Kong Chief Executive Carrie Lam.
Posted On December 14, 2017
, By Jared Wade
standard & poors Colombia rating
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Standard & Poor’s Lowers Colombia’s Long-Term Foreign Currency Sovereign Credit Rating to BBB-

S&P highlighted Colombia’s “diminished policy flexibility” due to “weakened fiscal and external profiles” in its analysis following the move.
Posted On December 12, 2017
, By Jared Wade
Photo: The remarkable landscape of Tatacoa Desert in Colombia. (Credit: Karolynaroca)
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Seeing Stars: Colombia’s Tatacoa Desert Promotes Astronomical Tourism

On top of minimal cloud cover, Tatacoa’s proximity to the Equator gives stargazers the ability to view 88 constellations.
Posted On December 11, 2017
, By Alejandra Dueñas
Globenet Barranquilla Colombia (Credit: GlobeNet)
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Globenet Opens Tier III Data Center in Barranquilla

Florida-based telecom infrastructure provider Globenet opened a 200-square-meter "Tier III" data center in Barranquilla last month.
Posted On December 10, 2017
, By Jared Wade
IRPA AI medellin colombia ruta n (Credit: Ruta N)
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Automation and Artificial Intelligence Organization to Launch Center of Excellence in Medellín

“We want AI to be a new source of high-quality jobs and income for our people," said Elkin Echeverri, director of planning and prospective at Ruta N.
Posted On December 7, 2017
, By Jared Wade
colombia corruption panama papers (Image credit: Vexels)
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Colombian Corruption: How Seven Scandals Have Rocked a Nation and Eroded Faith in Justice

From Odebrecht and the Panama Papers to court and Congress officials accepting bribes, Colombians are increasingly fed up with their nation's pervasive corruption.
Posted On December 6, 2017
, By Mark Kennedy
Eduardo Almeida, vice president and general manager of Unisys for Latin America. (Photo credit: Eduardo Almeida)
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Interview: New LatAm Head Eduardo Almeida Has Unisys on Growth Trajectory in a More Digital Colombia

Eduardo Almeida says that, in Rionegro, "we are expanding based on the contracts we have closed recently with some customers."
Posted On December 6, 2017
, By Loren Moss
colombia inflation rate peso 50 mil banco de la republica central bank Colombian peso Colombia peso Colombia inflation
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Colombian Inflation Rate Creeps Up to 4.12% in November

An increase over the past month in the recreation prices (up 0.68%) and housing prices (0.30%) helped to push up the overall consumer price index.
Posted On December 5, 2017
, By Jared Wade
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IDB Approves $100 Million USD Loan for Post-Conflict Sustainability in Colombia

The Inter-American Development Bank (IDB) today approved a $100 million USD assistance loan to help Colombia improve the nation’s environmental and socioeconomic sustainability. The loan is for a 13.5-year term “with a 13.5-year grace period and a LIBOR-based intere...
Posted On December 4, 2017
, By Jared Wade
Vicky Colver, founder of Fundación Escuela, was the first recipient of the $3.8 million USD Yidan Prize for Educational Development. (Credit: Jared Wade)
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Escuela Nueva Has Transformed Rural Education in Colombia and Now Founder Vicky Colbert Is Expanding Her Methodology Across the Globe

“Without quality, basic education it would be very difficult for a country to reach other goals,” says Vicky Colbert, the pioneer of Escuela Nueva.
Posted On December 1, 2017
, By Jared Wade
avianca colombia bogota el dorado rut los angeles
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Citi Cardholders Can Now Trade Reward Points for Avianca Frequent Flyer Miles

Citi's ThankYou Points can now be transferred one-for-one in exchange forLifeMiles.
Posted On November 29, 2017
, By Jared Wade
Photo: An Avianca 787 on the tarmac at José María Córdova International Airport near Medellín in Colombia. (Credit: Avianca)
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Avianca and Minority Shareholder Kingsland Holdings Withdraw Lawsuits Against One Another Concerning United Airlines Alliance

Kingsland says that it "agreed to discontinue that litigation in order to continue to focus on ongoing business negotiations" to resolve their differences.
Posted On November 29, 2017
, By Jared Wade
LATAM Airlines Boeing 787-9 Dreamliner
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LATAM Airlines to Launch Direct Flight from Medellín to Lima in February 2018

The Santiago-based airline expects to transport some 33,000 people on this route per year.
Posted On November 29, 2017
, By Jared Wade
Bogotá AI City AI
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Bogotá AI Hosts First Meeting to Advance Business Applications of Artificial Intelligence in Colombia

"We want everyone to discover the possibilities of artificial intelligence," said Juan Camilo Nates, ambassador for Bogotá AI.
Posted On November 28, 2017
, By Jared Wade
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Colombian Central Bank Cuts Interest Rate by 25 Basis Points to 4.75%

“The dynamics of the domestic demand were weaker than expected” in the third quarter, stated the central bank.
Posted On November 27, 2017
, By Jared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Plans to Ramp Up Exploration and Production in 2018 by Investing up to $4 Billion USD

The exploration plan calls for drilling at least 620 development wells and 12 exploration wells, an increase of around 140 wells over 2017.
Posted On November 27, 2017
, By Jared Wade
Joseph E. Macmanus speaking at a panel on International Women's Day in 2014. (Credit: Dean Calma / International Atomic Energy Agency)
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President Trump Appoints Joseph Macmanus as New U.S. Ambassador to Colombia Amid Elevated Tensions

Joseph Macmanus will take over during one of the most tense periods in modern U.S./Colombia relations.
Posted On November 24, 2017
, By Jared Wade
LEED Centro Comercial Parqua La Colina
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Bogotá Mall Parque La Colina Has Earned LEED Gold Certification

The Washington-based Green Building Certification Institute has awarded its LEED "gold" certification to Parque La Colina.
Posted On November 22, 2017
, By Jared Wade
Avianca Airbus A320 plus Colombia (Credit: Avianca)
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Avianca Holdings Reports $36.1 Million USD Net Income for Third Quarter of 2017

“The pilot strike will have an adverse effect on our fourth quarter results,” said Hernán Rincón, CEO of Avianca Holdings.
Posted On November 21, 2017
, By Rodrigo Torres
Lima Peru Nice Systems
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NICE Systems Expands in Latin America by Partnering with Peruvian Provider

“Our partnership with Convexus is a key factor in expanding our investment in Latin America going forward,” said Yaron Hertz of NICE.
Posted On November 21, 2017
, By Editorial Staff
Bancoldex President Luis Fernando Castro
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Fitch Affirms Its Rating for Bancoldex at BBB with a Stable Outlook

The ratings of the development bank, which Fitch terms as an “integral arm of the state,” remain aligned with the ratings of Colombia.
Posted On November 20, 2017
, By Jared Wade
The Port of Barranquilla. (Photo credit: Puerto de Barranquilla)
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Interview: With More Investments, the Port of Barranquilla Looks for More Growth

In five years, after more dredging and investments, Guillermo Peña Bernal believes the Port of Barranquilla will even better positioned to transport goods.
Posted On November 20, 2017
, By Loren Moss
(Photo credit: Valerie Everett)
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Colombian Charged with Money Laundering for Allegedly Receiving SWIFT Bank Transfers Related to Drug-Trafficking

At least 84 alleged members of this drug-trafficking organization have been captured and extradited since 2005
Posted On November 15, 2017
, By Jared Wade
Colombian visa (Photo credit: Bs980)
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Colombia Overhauls Visa Framework to Simplify Issuing Process

The updated visa policy includes three classifications: “V” for visitor, “M” for migrant, and “R” for resident.
Posted On November 14, 2017
, By Humberto Rodriguez
red eagle mining SANTA ROSA GOLD PROJECT san ramon gold mine
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Crucial Court Ruling Could Lead to Higher Taxes for Mining and Oil Firms in Colombia

Colombia’s National Oil Association argues that the court’s ruling does not touch a critical article of Colombia’s tax code, Article 107.
Posted On November 11, 2017
, By Manuel Rueda
colombia renewable solar wind geothermal (Photo credit: MaxPixel)
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Colombia Announces First Renewable Energy Auction – Infusing Optimism into a Lagging Sector with Potential

The coming years could be crucial for renewables. If current conditions persist, Colombia could continue to lag behind.
Posted On November 11, 2017
, By Andy East
colombia 4G highway 4G infrastructure
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Inter-American Development Bank and Colombia’s FDN Sign $200 Million USD Loan Agreement to Promote 4G Road Development

The loan will “give a big boost” to the massive 4G road construction project underway in Colombia.
Posted On November 10, 2017
, By Jared Wade
Libertex James Rodriguez Colombian jersey national team colombia
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Adidas Accused of ‘Machismo’ After Unveiling New Colombian National Team Jersey

Instead of showcasing the nation’s female footballing talent, Adidas asked former Miss Universe Paulina Vega to model the new jersey design.
Posted On November 10, 2017
, By Manuel Rueda
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Based On a Solid Profile, Fitch Ratings Affirms Its BB- Rating for Tecnoglass with a Stable Outlook

Fitch says the rating reflects the firm's good market position in windows, low cost base, and long-term expected growth rate.
Posted On November 8, 2017
, By Rodrigo Torres
Photo: A typical potato farm in Peru where can you see different color of flowers indicating different varieties grown in the same plot. (Credit: Saúl M. Tito)
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Climate Change Raises Risk of Crop Yield Loss and Food Insecurity in Tropical Andes

"We’re already hearing about farmers moving their coffee and chocolate crops higher upslope because of warming temperatures."
Posted On November 8, 2017
, By Mongabay
Photo: An Avianca 787 on the tarmac at José María Córdova International Airport near Medellín in Colombia. (Credit: Avianca)
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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
coca eradication colombia
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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
, By Jared Wade
santander
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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
, By Jared Wade
Frontera Energy Oil and Gas (Photo credit: generatorpowerproducts / Pixabay)
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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
, By Jared Wade
bogota metro transmilenio colombia bogotá elevated (Image credit: Bogotá Mayor's Office)
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Policymakers Race Against Time to Finalize $4.9 Billion USD Agreement to Fund Bogotá’s Metro

The Bogotá City Council and national government approved a 15 trillion pesos ($4.9 billion USD) agreement last week to co-fund the city’s long-awaited metro system, and the parties now have until November 11 to iron out the details before a law kicks in that would shelve the...
Posted On November 5, 2017
, By Andy East
colombia inflation rate peso 50 mil banco de la republica central bank Colombian peso Colombia peso Colombia inflation
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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
, By Jared Wade
andres finnosummit
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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
, By Jared Wade
FARC Colombia Revolutionary Armed Forces of Colombia Guerrilla
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The Wealth of FARC: How Much Did the Former Guerrillas Make from Drugs, Extortion, and Mining?

If you add up all of of the guerrilla group's criminal activities, the FARC could have earned some $580 million USD in 2015.
Posted On November 2, 2017
, By Insight Crime
bogota mayor enrique penalosa summit (Credit: Jared Wade)
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Bogotá Mayor Enrique Peñalosa’s Fate Remains Uncertain After Recall Referendum Signatures Are Validated

The campaign to remove Bogotá Mayor Enrique Peñalosa from office cleared a major hurdle last week.
Posted On November 1, 2017
, By Andy East
gold zonte metals gran colombia gold eco oro mineral corp
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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
, By Jared Wade
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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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
, By Jared Wade
Banco de la Republica, the central bank of Colombia, in Bogotá.
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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
, By Jared Wade
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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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
, By Jared Wade
Bogota Colombia
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Irish Consultancy OCO Global Opens Bogotá Office to Help Clients Access the Latin American Market

“The decision to base ourselves in Colombia is strategic," said CEO Mark O'Connell.
Posted On October 26, 2017
, By Jared Wade
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