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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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Colombia Secures $400 Million USD in Earthquake Coverage Through Pacific Alliance Catastrophe Bond

The provision is part of a larger, historic $1.36 billion USD bond that covers seismic risk for all four of the Pacific Alliance nations.
Posted On March 31, 2018
, By Jared Wade
ecopetrol lizama 158 oil spill (Credit: Ecopetrol)
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Major Oil Spill in Colombia from Ecopetrol Well Has Been Contained, Says Company

The environmental harm is ongoing, and Ecopetrol’s response to the catastrophe has drawn widespread criticism.
Posted On March 31, 2018
, By Jared Wade
Colombia Agriculture: A tractor on the farm. (Photo credit: afelipeug / Pixabay)
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$45 Million USD Loan to Fund Agriculture Projects in Colombia and Six Other Latin American Countries

The Latin American Agribusiness Development Corporation will finance ventures in Colombia, Chile, Costa Rica, the Dominican Republic, Guatemala, Nicaragua, and Peru.
Posted On March 30, 2018
, By Jared Wade
The Port of Barranquilla. (Photo credit: Puerto de Barranquilla)
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Inter-American Development Bank to Host 2020 Annual Meeting in Barranquilla

Colombia has previously hosted the event four times over the past six decades, mostly recently in 2009 in Medellín.
Posted On March 29, 2018
, By Jared Wade
Mario Garnero of BrasilInvest Group (Photo credit: Ben Hider)
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Mario Garnero Retires from GoldMining Inc. Board of Directors

Garnero will remain involved with the company in an advisory capacity and his son, Mario Bernardo Garnero, will fill his seat on the board.
Posted On March 29, 2018
, By Jared Wade
Medellín Marketing Firm Ruta Amigo to Roll Out Rewards Program in Colombia Using Ipsidy Platform (Photo credit: StockSnap / Pixabay)
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Medellín Marketing Firm Ruta Amigo to Roll Out Rewards Program in Colombia Using Ipsidy Platform

Ruta Amigo will be tapping into the U.S. firm's “Digital Issuance Platform” to roll out pre-paid loyalty cards that can be used for payments in various locations across the country or digitally.
Posted On March 28, 2018
, By Jared Wade
colombia inflation rate peso 50 mil banco de la republica central bank Colombian peso Colombia peso Colombia inflation Colombia minimum wage colombian peso
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Bogotá Research Group Fedesarrollo Forecasts Colombian GDP to Grow by Just 2.4% in 2018

The low projection is below the bulk of more optimistic predictions from various other groups that have weighed in.
Posted On March 28, 2018
, By Jared Wade
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LatAm Energy Forum 2018 To Be Held In Santiago, Chile

From April 3-4, the Chilean capital will host discussions on regional energy policies, regulatory frameworks, renewable energies, natural gas, electrical transmission, and project financing, among others issues.
Posted On March 27, 2018
, By Loren Moss
Ginza Tokyo Japan (Photo credit: Francisco Diez)
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Japan Pledges $5 Million USD for Public/Private Infrastructure Financing in Latin America

The investment builds upon a pre-existing partnership with IDB and will target infrastructure financing.
Posted On March 26, 2018
, By Jared Wade
Javier Molina of Analdex. (Photo credit: Analdex)
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Interview: Javier Díaz Molina of Analdex Breaks Down the Advances Colombia Is Making on Exports

"I believe we are going to have a better performance for our exports," says Analdex head Javier Díaz Molina.
Posted On March 26, 2018
, By Loren Moss
Colombia, Brazil Agree to Small Measures to Smooth Cross-Border Trade (Photo credit: Colombian Ministerio de Comercio Industria Y Turismo)
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Colombia, Brazil Agree to Small Measures to Smooth Cross-Border Trade

The agreements coincided with Colombian President Juan Manuel Santos’ trip to Brasilia to meet with Brazilian President Michel Temer.
Posted On March 25, 2018
, By Jared Wade
Colombian law enforcement burn a coca laboratory in the Colombian department of Narino. (Credit: Policía Nacional de Colombia / AP, William Fernando Martinez)
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With ‘The Invisibles,’ Post-Conflict Colombia Has a New Generation of Drug Traffickers

The new generation of Colombian drug lords, dubbed "The Invisibles," realize that their best protection is not a private army — but anonymity.
Posted On March 25, 2018
, By Insight Crime
Above photo: «Ecopetrol» de Dvalencia – Own work, used under license CC BY-SA 3.0 vía Wikimedia Commons - https://commons.wikimedia.org/wiki/File:Ecopetrol.jpg#/media/File:Ecopetrol.jpg
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Ecopetrol Appoints Board of Directors at Shareholder Meeting

At a shareholder meeting today, Ecopetrol appointed its board of directors and external auditor for 2018.
Posted On March 23, 2018
, By Jared Wade
Citrix Raleigh Office (Credit: Citrix)
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Colombian Banks Continue Push to Comply with New SWIFT Security Protocols

U.S. tech company Citrix has been working behind the scenes with several Colombian banks to help them get in compliance.
Posted On March 23, 2018
, By Jared Wade
Casa de Nariño, home of the president in Bogotá, Colombia. (Photo credit: Juandavid1227)
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Right-Wing Candidate Iván Duque Takes Commanding Lead in Latest Colombian Presidential Poll

Will Iván Duque's 40% support among intended voters make him the next tenant of Casa de Nariño?
Posted On March 21, 2018
, By Jared Wade
bancolombia
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Bancolombia Becomes Partner of Plug and Play Fintech Program in Silicon Valley

Other leading partners include Deutsche Bank, Credit Suisse, Deloitte, MUFG, USAA, and Banco do Brasil
Posted On March 20, 2018
, By Jared Wade
donald trump outsourcing RPA automation BPO
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Donald Trump to Make First Visit to Colombia as President in April

In a January poll, only 20% of Colombians said the approve of President Trump.
Posted On March 20, 2018
, By Jared Wade
Globenet Barranquilla Colombia (Credit: GlobeNet)
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GlobeNet Data Center in Barranquilla Awarded Sustainability Certification by ICREA

The news comes on the heels of this center receiving “Level IV” certification from ICREA two months ago.
Posted On March 20, 2018
, By Jared Wade
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Elections Won’t Disrupt Colombia’s Track Record of Effective Economic Policy, Says Fitch Ratings

Fitch: “The strength of Colombia's fiscal and macro policy institutions...are likely to prevent major economic policy changes."
Posted On March 18, 2018
, By Jared Wade
ExxonMobil Exploration Colombia Limited Among Companies Praised for Anti-Corruption Efforts by Colombian Government (Credit: Brian Katt)
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BBVA, ExxonMobil, Avianca, and 15 Other Companies Praised for Anti-Corruption Efforts by Colombian Government

Each was scrutinized in 10 categories, including internal controls, accounting records, and compliance programs.
Posted On March 18, 2018
, By Jared Wade
The new Bancolombia chatbot Tabot is part of the Colombian bank's ongoing digital transformation effort.
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Bancolombia to Invest $140 Million USD in Digital Transformation This Year

About 80% of the sum will be devoted to operations in Colombia with the remainder going to holdings in Panama, Guatemala, and El Salvador.
Posted On March 16, 2018
, By Jared Wade
mbia are the best. The best workers you can imagine, and they are grateful, loyal and they fight for the company,
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Tecnoglass Hit $314.5 Million USD in Revenue and $5.7 Million in Net Income in 2017

The revenue of $314.5 million USD in 2017 was a record high for the Barranquilla-based window-maker.
Posted On March 16, 2018
, By Jared Wade
Inter-American Development Bank Loans Davivienda $200 Million USD to Finance Mortgages in Colombia (Photo credit: mastersenaiper / Pixabay)
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Inter-American Development Bank Loans Davivienda $200 Million USD to Finance Mortgages in Colombia

Davivienda will use the funds to provide financing for mortgage loans within Colombia's VIS and VIP programs.
Posted On March 16, 2018
, By Jared Wade
Marco Vásquez Dell EMC (Credit: Dell EMC)
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Dell EMC Names Two Colombian Executives to High-Level Andean Region Roles

Marco Vásquez and Daniel Núñez will oversee key aspects of its operations in the region from Bogotá.
Posted On March 15, 2018
, By Jared Wade
bancolombia
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Bancolombia to Pay Dividend of 1,020 Colombian Pesos This Year Starting on April 2

The dividend will be paid in four quarterly installments of 255 pesos on April 2, July 3, October 1, and January 2.
Posted On March 15, 2018
, By Jared Wade
Lorito-1 Well Ecopetrol Meta (Credit: Ecopetrol)
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Ecopetrol Strikes Oil at Lorito-1 Well in Department of Meta

The well is 55% owned by Ecopetrol with the remaining 45% stake held by Repsol subsidiary Talisman Colombia Oil & Gas Ltd.
Posted On March 14, 2018
, By Jared Wade
Tempting Paradise by Sofia Vergara Campaign (PRNewsfoto/Parlux Fragrances LTD)
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Sofia Vergara Launches New Perfume with Fragrance of Adored Colombian Lulo Fruit

Tempting Paradise by Sofia Vergara looks to capture the scent of one of Colombia's most popular fruit juices.
Posted On March 13, 2018
, By Jared Wade
Photo: Before they were bitter political rivals, then-President Álvaro Uribe (right) and his then-Defense Minister Juan Manuel Santos (center) meet with U.S. officials in Washington. (Credit: U.S. Department of Defense)
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Full Colombian Congressional Election Results: Uribe, Democratic Center Gain Steam in Divided Political Landscape

The results reflected the wide plurality of political views in a country that has grow highly divided in recent years.
Posted On March 12, 2018
, By Jared Wade
Gustavo Petro and Ivan Duque, the left and right coalition candidates in the 2018 presidential election in Colombia. (Photo credit: Prensa de Bogotá / Leoboud)
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Petro, Duque To Be Left and Right Coalition Candidates in Colombian Presidential Race; Congress Split Across Five Leading Parties

These two coalition leaders will face off, along with others, in the May 27 election to replace outgoing two-term President Juan Manuel Santos.
Posted On March 11, 2018
, By Jared Wade
corruption (Photo credit: Victor)
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Report Urges Truth Commission to Investigate Potential Corporate Crimes During Colombian Conflict

The report details 439 instances of “corporate complicity” in human rights violations committed by paramilitary groups between 1970 and 2015.
Posted On March 10, 2018
, By Insight Crime
Photo: Cayo Cangrejo, off the islands of San Andrés and Providencia in the Caribbean, is one of many tropical paradises in Colombia. (Credit: Roberto San Andrés)
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Colombia Brought In Record $5.8 Billion USD in Foreign Tourism Revenue in 2017

This figure represents a 5.4% increase compared to the $5.5 billion USD in revenues in 2016.
Posted On March 9, 2018
, By Jared Wade
juan manuel santos timochenko farc colombia
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FARC Presidential Candidate Timochenko Ends Campaign Following Heart Surgery

Even prior to heart surgery, Timochenko had stopped campaigning following ongoing protests and security concerns.
Posted On March 8, 2018
, By Jared Wade
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Tecnoglass to Pay First Quarter Dividend of $0.14 USD per Share on April 30

The dividend is up slightly from the $0.125 USD-per-share dividend the Barranquilla company paid in the first quarter of 2017.
Posted On March 8, 2018
, By Jared Wade
Photo: Colombian President Juan Manuel Santos and Peruvian President Pedro Pablo Kuczynski at the IV Gabinete Binacional Colombia-Perú. (Credit: Colombian Ministry of Commerce, Industry, and Tourism)
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Colombia and Peru Sign Agreements to Cut Red Tape for Cross-Border Business

The agreements focus on erasing regulations and “tramites” that slow down time to market across borders.
Posted On March 7, 2018
, By Jared Wade
banistmo panama bancolombia
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Banistmo Completes $50 Million USD Bond Issuance

This was the first round of a planned $300 million USD series of corporate bond issuances.
Posted On March 6, 2018
, By Jared Wade
Natural gas well. (Photo credit: Ken Doerr)
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PentaNova Energy Subsidiary Granted Operatorship of Maria Conchita Gas Block in Colombia

MKMS Enerji Anonim Sirketi is a fully owned subsidiary of Canadian oil and gas company PentaNova Energy.
Posted On March 6, 2018
, By Editorial Staff
A drug lab in Caqueta, Colombia, that was producing coca paste before being busted by Colombian military. (Photo credit: Comando General de las Fuerzas Militares)
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Analysis: Looking at the Mexican Cartel Strategy in Post-FARC Colombia

The Mexicans face new and very different challenges, which offer both risks and opportunities.
Posted On March 5, 2018
, By Insight Crime
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Adds 2,800 Barrels Per Day to Oil Production with Three New Wells

The wells are held jointly with U.S.-based Occidental Petroleum Corp. and have hit a combined 2,800 barrels per day in testing.
Posted On March 5, 2018
, By Jared Wade
isagen colombia FDI
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Colombian Power Company Isagen Issues $263 Million USD in Bonds

Colombian power company Isagen S.A. E.S.P. recently issued some $263 million USD (750 billion pesos) of bonds. Demand for the notes, which the company stated as 1.4 trillion pesos, was nearly twice as great as the amount that was issued, according to Isagen. The issuance came in...
Posted On March 4, 2018
, By Jared Wade
Colombia Looks to Spur Commercial Relationship with Austria (Photo credit: bogitw / Pixabay)
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Colombia Looks to Advance Commercial Relationship with Austria

Colombia has signed a memorandum of understanding with Austria to promote cooperations in renewable energy.
Posted On March 4, 2018
, By Jared Wade
Cancer Drug Truxima Receives License for Distribution in Colombia. (Photo credit: jarmoluk / Pixabay)
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Cancer Drug Truxima Receives License for Distribution in Colombia

Truxima was also launched as the first “biosimilar monoclonal antibody” licensed for the treatment of cancer in various European markets.
Posted On March 3, 2018
, By Jared Wade
Alex Terry, CEO of Conversica. (Credit: Conversica)
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AI Sales Lead Development Firm Conversica Acquires Chilean Startup Intelligens

"The conversational AI space is exploding," says Alex Terry, CEO of Conversica.
Posted On March 2, 2018
, By Jared Wade
CenturyLink Activates New Fiber Optic Network that Connects Cali and Quito (Image credit: Visor69 / Pixabay)
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CenturyLink Activates New Fiber Optic Network that Connects Cali and Quito

The new infrastructure traverses a 585-kilometer route with an installed capacity of 400 gigabits in the transmission layer.
Posted On March 2, 2018
, By Jared Wade
PentaNova Energy Corp Begins Drilling Gas Well in Maria Cochita, Colombia. (Photo credit: vaazdev / Pixabay)
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PentaNova Energy Begins Drilling Gas Well in Maria Conchita Block in Colombia

PentaNova Energy has an 80% “beneficial working interest” in the Maria Conchita block.
Posted On March 2, 2018
, By Jared Wade
first data bancolombia colombia (Photo credit: Jared Wade)
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Moody’s Drops Ratings Outlook to Negative for Bancolombia, Banco de Bogotá, and Various Insurers

Others with outlook drops include Seguros Generales Suramericana, Confianza, ISA, EPM, and Enel Americas.
Posted On February 28, 2018
, By Jared Wade
Ecopetrol Reficar Coking
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With Profits of Some $2.3 Billion USD in 2017, Ecopetrol Posts Best Results in Four Years

The net profit of 6.62 trillion pesos ($2.3 billion USD) is more than four times above the results of 2016 and the highest since 2013.
Posted On February 28, 2018
, By Jared Wade
Avianca 787 united airlines
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Avianca Fires 35 Pilots After Initial Disciplinary Hearings for Last Year’s Strike

Among those fired was Colombian Association of Civil Aviators (ACDAC) union head Jaime Hernández.
Posted On February 27, 2018
, By Jared Wade
Zurich historic headquarters in Switzerland. (Credit: Zurich Insurance Group)
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In $409 Million USD Deal, Zurich Will Acquire QBE Insurance Operations in Latin America

Zurich expects the transaction to be finalized “by the end of 2018” and funded by internal sources.
Posted On February 26, 2018
, By Jared Wade
Caltek (Photo credit: Cementos Argos)
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Cementos Argos and Grupo Calidra Jointly Form Lime Production Company Caltek

Following an initial investment of nearly $40 million USD (113 billion pesos), the flagship Caltek plant will be located in Puerto Triunfo.
Posted On February 25, 2018
, By Jared Wade
Moody's Affirms Baa2 Credit Rating for Colombia but Drops Outlook to Negative (Photo credit: Nick Youngson / Alpha Stock Images)
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Moody’s Affirms Baa2 Credit Rating for Colombia but Lowers Outlook to Negative

Political uncertainty due to the upcoming election and challenges adhering to the so-called fiscal rule were cited as reasons for the diminished outlook.
Posted On February 23, 2018
, By Jared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Extends Reserve Life to 7.1 Years with 3.7% Increase of Proven Reserves in 2017

Ecopetrol claimed proven reserves of 1.659 billion barrels of oil equivalent at the end of 2017, up from the 1.598 billion barrels in 2016.
Posted On February 23, 2018
, By Jared Wade
The new Bancolombia chatbot Tabot is part of the Colombian bank's ongoing digital transformation effort.
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Bancolombia Has Introduced New Tabot Chatbot for Facebook Messenger

The AI-powered customer service chatbot works through Facebook Messenger and a rollout into more channels is planned down the road.
Posted On February 22, 2018
, By Jared Wade
Frontera Energy Oil and Gas (Photo credit: generatorpowerproducts / Pixabay)
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Major Shakeup: PentaNova Energy Appoints New President, CEO, and Chairman in Sweeping Management Overhaul

PentaNova will issue 4.8 million common shares to the new management team “as the inducement to join the company.”
Posted On February 20, 2018
, By Jared Wade
Crude oil production in Colombia energy and natural resources sector. (Credit: lalabell68 / Pixabay)
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Camilo McAllister Resigns as CFO of Frontera Energy Corporation

McAllister will remain in the position through March 9. Alejandro Piñeros will fulfill CFO responsibilities until a permanent replacement is appointed
Posted On February 19, 2018
, By Jared Wade
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Colombia Hits Record-High Hotel Occupancy Rate

Colombia set an all-time modern monthly record for record hotel occupancy rate, with 62.5% of the rooms being filled last November.
Posted On February 19, 2018
, By Jared Wade
Grupo Familia of Colombia. (Photo credit: Engin_Akyurt / Pixabay)
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Grupo Familia Acquires Inpaecsa Paper Products Company for Reported $36 Million USD

Colombian household goods firm Grupo Familia acquired Industrial Papelera Ecuatoriana of Ecuador earlier this month for $36 million USD.
Posted On February 16, 2018
, By Jared Wade
cut spending colombia fitch ratings credit card (U.S. Air Force photo/Airman 1st Class Jessica McConnell)
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Colombia Must Control Spending to Reach 2019 Fiscal Rule Target, Warns Fitch Ratings

The spending crunch will test the next president of Colombia's "commitment to meet the current fiscal rule's targets."
Posted On February 16, 2018
, By Jared Wade
Colombian peso Colombia peso Colombia inflation (Credit: Jared Wade)
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Colombian GDP Grew by Just 1.8% in 2017, the Lowest Rate Since the Trough of the Global Recession

This was worst performance in eight years — below even the sluggish 1.96% growth of 2016 — and represents the third lowest rate this century.
Posted On February 16, 2018
, By Jared Wade
Avianca Airbus A320 plus Colombia (Credit: Avianca)
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Avianca Expands Codeshare Agreement with Japanese Carrier ANA for Flights Connecting Through Mexico City

Avianca and Tokyo-based airline All Nippon Airways (ANA) have expanded their codeshare agreement to include flights between Japan and the Latin American capitals of Bogotá and San Salvador. These flights connect Colombia and El Salvador to Japan via a stopover in Mexico City’s...
Posted On February 15, 2018
, By Jared Wade
Argos Cement Colombia (Photo credit: Jared Wade)
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Gray Cement Shipments Fell by 1.0% in Colombia in 2017

In all, some 11.98 million tons of gray cement were shipped in 2017 compared to 12.1 million in 2016.
Posted On February 14, 2018
, By Jared Wade
(Photo credit: skeeze / Pixabay)
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Work Begins on Two Roadways in Second Wave of Colombia’s 4G Highway Overhaul

Puerta del Hierro-Palmar de Varela and Carreto-Cruz del Viso have broken ground.
Posted On February 14, 2018
, By Jared Wade
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