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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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The IMF Lowers Its Growth Forecast for Colombia to 2.3% in 2017

The IMF is predicting 2.3% GDP growth for Colombia in 2017, a decrease from the 2.7% expansion the institution had forecasted in October.
Posted On April 26, 2017
, By Jared Wade
Wingo Catalina Bretón Copa Holdings Copa Airline Colombia Semana Santa Bogota El Dorado International Airport
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Wingo Reports 96% On-Time Rate for Flights During First Year of Semana Santa Operations

Airline improvement in recent years means more Colombians "now consider air travel their first choice when traveling," said Wingo CEO Catalina Bretón.
Posted On April 25, 2017
, By Jared Wade
banco de bogota banco de bogotá bancolombia colombia
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Banco de Bogotá to Install Correspondent Banking Locations in La 14 Supermarkets

Each "corresponsal" will serve as mini-branch that allows customers to make payments, withdrawals, deposits, and other day-to-day transactions.
Posted On April 25, 2017
, By Jared Wade
isagen colombia FDI
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Moody’s Investors Service Withdraws Issuer Rating of Isagen

Moody's said its decision was based on having "insufficient or otherwise inadequate information to support the maintenance of the rating."
Posted On April 25, 2017
, By Jared Wade
ishop colombia barranquilla
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iShop Opens Its 20th Store in Colombia in Barranquilla

iShop's Barranquilla store will be its largest in Colombia, which is now home to 20 of the company's 49 stores in Latin America.
Posted On April 24, 2017
, By Jared Wade
Chocó Flood Colombia Disaster UNGRD
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Two People Killed by Heavy Flooding in Colombian Department of Chocó

Floodwaters in Bagadó reportedly reached more than meter high, while the municipalities of Cértegui, Lloró, and Nuquí also experienced significant flooding.
Posted On April 22, 2017
, By Jared Wade
gran colombia gold marmato segovia lawsuit
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Rodney Lamond Resigns as Director of Gran Colombia Gold

While confirming the news, the gold mining company said that the director's resignation was "due to other business and personal commitments."
Posted On April 21, 2017
, By Jared Wade
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Orinoquia Capital Acquires 25 Million Shares of PMI Resources Ltd

Orinoquia Capital received 25 million shares as the result of an April 4 merger between a wholly owned subsidiary of PMI Resources and PentaNova Energy Corp.
Posted On April 21, 2017
, By Jared Wade
juan manuel santos manizales disaster rain mudslide landslide flooding tragedy natural catastrophe
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Landslide Kills at Least 16 in Manizales as Heavy Rains Continue to Devastate Colombia

Heavy rains caused a landslide that killed at least 16 and affected more than 500 families and 80 homes across 16 primarily lower-class neighborhoods.
Posted On April 19, 2017
, By Jared Wade
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Behind Gran Colombia Gold’s Dispute with the Colombian Government: Is There a $700 Million USD Lawsuit?

Gran Colombia Gold is in the middle of a grievance with the Colombian government. The Canadian-registered gold and silver mining firm has been struggling to manage what some would call “illegal mining” and others might call “informal mining” on its...
Posted On April 19, 2017
, By Loren Moss
bladex Banco Latinoamericano de Comercio Exterior Banco Latinoamericano de Comercio Exterior panama city central bank BLX
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Bladex to Make First Quarter Dividend Payment on May 18

Bladex will pay out a quarterly cash dividend of $0.385 USD per share on May 18. All stockholders as of May 3 will be eligible to receive the payment.
Posted On April 19, 2017
, By Jared Wade
cartagena colombia tourism ministry of commerce
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Colombia Brought in Record $5.7 Billion USD in Foreign Tourism Dollars in 2016

The 2016 total was more than half a billion dollars above the $5.2 billion USD reported in 2015 and puts the industry second in terms of foreign revenue generation after the oil sector.
Posted On April 19, 2017
, By Jared Wade
viajescorp americas 2017 panama business travel
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Experts To Discuss Business Travel Risks At ViajesCorp Americas 2017 Conference in Panamá

Business travelers worry about "being a target of insecurity in some countries,” says Octavio Bonilla of Nissan Mexico.
Posted On April 18, 2017
, By Jared Wade
banco de bogota banco de bogotá bancolombia colombia
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Banco de Bogotá Plans to Bring Its ‘Financial Inclusion’ Program to 50 More Municipalities in 2017

Banco de Bogotá brought its mobile office to 24 areas of Colombia last year to show those in remote areas how various offerings can help them manage money.
Posted On April 17, 2017
, By Jared Wade
Travelers leaving El Dorado International Airport in Bogotá (Photo credit: Jared Wade)
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Colombian Airports Transport More Than 2.2 Million Passengers During Semana Santa High Season

Aerocivil says it received an average of 18 complaints per day during the Semana Santa period, less than half of the 45-per-day average in 2016.
Posted On April 17, 2017
, By Jared Wade
Hector Bernal Rozo Manizales Sommelier La Cava del Eje Colombia Wine
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Colombia’s Wine Scene Has Come a Long Way, Says Top Sommelier

Finance Colombia Executive Editor Loren Moss recently made the trip to Manizales to discuss the progression of Colombia's wine scene with Bernal and also to understand why someone in the wine industry would abandon an international capital like Bogotá for a small, mountainous...
Posted On April 17, 2017
, By Loren Moss
H&M Bogota Colombia Chia Parque Colinas_Costanera_Center
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H&M to Launch Second Store in Colombia on May 27

Clothing retailer H&M recently announced that it plans to open its second store in Colombia on May 27 in Chia, a suburb just north of Bogotá.
Posted On April 16, 2017
, By Jared Wade
Bogotá fitch ratings downgrade city real estate property value rental
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Cali and Bogotá Rank Among Top Five Places to Buy Real Estate Overseas

Property values in Cali "are an absolute global bargain, making this undervalued market irresistible," according to Live and Invest Overseas.
Posted On April 15, 2017
, By Jared Wade
gran colombia gold marmato segovia lawsuit
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Canadian Mining Company Gran Colombia Gold Reportedly Files $700 Million USD Lawsuit Against Colombia

Gran Colombia's massive lawsuit alleges that the local government failed to evict illegal miners from their sites of operations in Marmato and Segovia.
Posted On April 14, 2017
, By Jared Wade
Banco de Bogotá FINDETER award hospital colombia oncology HOMI Mercy Hospital
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Banco de Bogotá Recognized for Supporting Oncology Unit at Colombian Hospital

Findeter recognized Banco de Bogotá for financing an oncology unit at HOMI Foundation – Mercy Hospital in the capital that is helping care for children with cancer.
Posted On April 14, 2017
, By Jared Wade
EPM Empresas Publicas Medellin (Photo credit: EPM)
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Moody’s Upgrades EPM’s Ratings from Baa3 to Baa2

The upgrade reflects optimism surrounding EPM's Ituango hydroelectric plant, which is reportedly about two-thirds complete.
Posted On April 14, 2017
, By Jared Wade
Alejandro-Gaviria-Uribe-Colombia-Minister-of-Health
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Colombian Minister of Health Pledges that Construction Will Begin on a New Hospital in San Gil in 2017

Once complete, the new hospital "will benefit 100,000 residents of 17 municipalities," said Health Minister Alejandro Gaviria Uribe during a trip to Santander.
Posted On April 13, 2017
, By Jared Wade
Banco Agrario de Colombia
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Fitch Ratings Affirms Banco Agrario’s Ratings and Improves Outlook from Negative to Stable

"Banagrario's business model is consistent with its key role for the development of the government's agricultural policy,” stated Fitch Ratings.
Posted On April 13, 2017
, By Jared Wade
oxitec friendly aedes aegypti mosquito genetically modified zika dengue yellow fever
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Cali to Deploy Genetically Modified Mosquitoes to Suppress Bloodsucker Population and Fight Disease

Oxitec's genetically modified mosquitos produce offspring that will "inherit a self-limiting gene that causes them to die before reaching functional adulthood."
Posted On April 13, 2017
, By Jared Wade
Travelers leaving El Dorado International Airport in Bogotá (Photo credit: Jared Wade)
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Bogotá Airport Disrupted by Takeoff Scare for Freighter Plane Carrying Disaster Aid for Mocoa

There were no injuries to any of the four crew on board, but one of El Dorado’s runways remained closed for roughly two hours.
Posted On April 11, 2017
, By Jared Wade
Luis Fernando Andrade colombia ANI bonds loans derivatives andes 2017 colombia bogota loren moss
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Bonds, Loans & Derivatives Andes 2017 Brings Nearly 400 Executives and Officials to Bogotá to Discuss Regional Finance Trends

Alex Johnson of GFC Media Group called the event "a must-attend for anyone wanting to meet and do business with the region’s senior-level market makers."
Posted On April 8, 2017
, By Jared Wade
Maaji mercedes benz fashion week seafolly L Catterton LMVH
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Colombian Swimwear Company Maaji to Merge with Seafolly of Australia

"This partnership is a critical step towards achieving our vision of positioning ourselves as a global beach lifestyle leader," said Maaji CEO Miguel Piedrahita.
Posted On April 8, 2017
, By Jared Wade
wingo colombia cartagena bogota san andres panama city copa airlines copa holdings
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Discount Airline Wingo Begins Flying from Bogotá to Caracas Today

The new flight will depart Bogotá's El Dorado International Airport at 4:29 am every Monday, Wednesday, Friday, and Saturday.
Posted On April 7, 2017
, By Jared Wade
Dow Habitat for Humanity Colombia Tenjo
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Dow Chemical Company to Support Habitat for Humanity Construction Project in Colombia

The project in Tenjo will be a pilot project that uses polyurethane materials made by Dow in PVC panels that will form the structure's walls.
Posted On April 5, 2017
, By Jared Wade
LG Colombia Jhon Fredy Giraldo G6 Smartphone Signature washing machine refrigerator smart TV
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Q&A: Why Colombia Is Becoming More Important In LG’s Premium Global Consumer Strategy

"We have products for the whole Colombian market — so we’re thinking about quite ambitious growth," said Jhon Fredy Giraldo of LG.
Posted On April 4, 2017
, By Jared Wade
margarine butter hygear SIGRA
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Dutch Gas Generation Firm HyGear Will Supply Hydrogen to Colombian Margarine Producer SIGRA

SIGRA will use the hydrogen and the technology provided by HyGear for the hydrogenation of its edible fats and oils.
Posted On April 4, 2017
, By Jared Wade
sura asset management senior notes moody's grupo sura suramerica
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Moody’s Rates Sura Asset Management’s Newly Issued $350 Million USD Senior Notes at Baa1

Though the notes have a Baa1 rating with a stable outlook, Moody's has concerns over Sura's leverage, regional market volatility, and the immature capital markets of Latin America.
Posted On April 3, 2017
, By Jared Wade
John Nelson Lloyds of London Colombia Insurance Market Bogota Office
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Q&A: Chairman John Nelson Details Colombian Insurance Opportunities that Convinced Lloyd’s of London to Open Bogotá Office

"Colombia is heavily underinsured. If you look at insurance penetration ... Colombia is about a quarter of where it should be," said John Nelson, chairman of Lloyd's of London.
Posted On April 3, 2017
, By Loren Moss
Avianca Chairman Germán Efromovich (left) and new President Hernán Rincón Kingsland Holdings Roberto Kriete
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Avianca Files Countersuit Against Minority Shareholder in Heated Legal Fight over Potential Partnership with United Airlines

Avianca's filing calls Roberto Kriete of Kingsland a “disloyal director who has worked actively to undermine the company’s strategic goals.”
Posted On April 2, 2017
, By Jared Wade
mocoa colombia disaster flood mudslide landslide tragedy catastrophe mocoa
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More than 200 Killed by Flooding and Mudslides in Colombian Town of Mocoa

"My heart — our heart, the heart of all Colombians — is with the victims of this tragedy," said President Santos.
Posted On April 1, 2017
, By Jared Wade
pilot avianca colombia ODEAA labor deal strike negotiations
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Avianca Signs New Labor Deal with Pilots’ Union that Raises Salaries and Ends Threat of Disruption to Operations

The labor deal between Avianca and the ODEAA "includes a substantial increase in the gross income of pilots and co-pilots," according to the airline.
Posted On March 31, 2017
, By Jared Wade
casa rosada buenos aires ACI medellin
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ACI Medellín to Host Event in Buenos Aires to Promote Investment in Colombia’s Second City

The meeting will take place at 9:00 am on Tuesday, April 4, at the Colombian Consulate. Local businesses are encouraged to participate.
Posted On March 31, 2017
, By Jared Wade
Juan Carlos Pinzón ambassador colombia united states defense minister
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Colombia Honored for Diplomatic Excellence at Global Education Gala in Washington

"I truly believe that global education is the key to our collective future," said Colombian President Juan Manuel Santos.
Posted On March 31, 2017
, By Jared Wade
Montería Aeropuerto Los Garzones Airport Córdoba Colombia
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Avianca Launches Daily Flight Between Medellín and Montería

The flight will depart José María Córdova each day at 12:18 pm and arrive in Montería at 1:18 pm. The return leg will leave Los Garzones Airport at 2:00 pm and land at 3:00 pm.
Posted On March 30, 2017
, By Jared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Strikes Oil with Boranda Well in Santander

Ecopetrol holds a 50% interest in the Magdalena Middle Valley's Boranda-1 well, which is operated and 50% controlled by Canadian exploration company Parex.
Posted On March 30, 2017
, By Jared Wade
bioenergy colombia ethanol meta department electricity ecopetrol
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Colombian Ethanol Producer Bioenergy Is Increasing Output Toward Capacity of 500,000 Liters per Day

Bioenergy, operating from its El Alcaraván plant in the department of Meta, is currently storing its ethanol as it ramps up toward its target production goal.
Posted On March 29, 2017
, By Jared Wade
santo kaffeto colombian coffee manizales cafe caldas zona cafetera coffee belt coffee triangle
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Q&A: Santo Kaffeto Café in Manizales Is Teaching Foreigners and Locals About Colombian Coffee

"We Colombians also have a right to drink quality coffee," said Andres Restrepo of Santo Kaffeto café.
Posted On March 27, 2017
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass to Issue Quarterly Dividend on April 28

The quarterly dividend of $0.125 per share will be payable on April 28, said Tecnoglass earlier this month.
Posted On March 26, 2017
, By Jared Wade
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Colombian Central Bank Reduces Interest Rate by 25 Basis Points to 7.0%; Some Analysts Forecasted Larger Cut

"For now, the Banco de la República is likely to continue to move in 25-basis-point steps," said Capital Economics.
Posted On March 25, 2017
, By Jared Wade
carrera verde green race Medellín Fundación Natura Colombia
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“Green Race” in Medellín Postponed due to Poor Air Quality

After the mayor issued an environmental alert, organizers of the annual Carrera Verde acted due to conditions that could have endangered the health of runners.
Posted On March 23, 2017
, By Jared Wade
Avianca Holdings Boing 787 in Rionegro Fitch Ratings liquidity
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Fitch Ratings Affirms B Rating for Avianca Holdings but Maintains Negative Outlook

Though adding a strategic partner could be a positive development, Fitch Ratings views Avianca's liquidity as low.
Posted On March 22, 2017
, By Jared Wade
ecopetrol Caño Limón coveñas pipeline attack 2
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Attacks Have Disrupted Colombia’s Caño Limón-Coveñas Pipeline for 38 Days in 2017

The prolonged shutdown has cost Colombia some 893,000 barrels of production, according to Ecopetrol.
Posted On March 22, 2017
, By Jared Wade
Avianca Airbus A319 plus boston to bogota el dorado logan
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Avianca Will Begin Flying Direct from Bogotá to Boston in June

"With the launch of this new route, Avianca becomes the first and only airline to directly link Bogotá with Boston and vice versa," says the airline.
Posted On March 21, 2017
, By Jared Wade
colombia 4G highway 4G infrastructure
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Podcast: How the Massive 4G Highway Project will Modernize Colombia’s Transportation System

Finance Colombia's Loren Moss joins the PanAm Podcast to discuss the impact of Colombia investing tens of billions of dollars in its highways.
Posted On March 21, 2017
, By Jared Wade
colombia passport
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The Colombian Passport Is the World’s 50th Most Powerful

Germany retains its position at the top of the index for the second year running, with visa-free access to 176 countries out of a possible 218.
Posted On March 21, 2017
, By Jared Wade
feria de los 2 ruedas motorcycle colombia market two-wheel two-wheeler
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Q&A: Colombia to Reach up to 30% Market Share of South American Motorcycle and Scooter Sector by 2021

Colombia is poised to further increase its already-substantial market share in South America, outpacing every country except for Brazil.
Posted On March 20, 2017
, By Jared Wade
ecopetrol colombia fitch ratings bogota juan carlos echeverry
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Fitch Ratings Improves Outlook for Ecopetrol to Stable and Affirms BBB Rating

The outlook upgrade reflects a sound financial position and Ecopetrol's ability to respond to a high volatility oil price environment.
Posted On March 19, 2017
, By Jared Wade
pacific exploration rubiales colombia bogota barry larson CEO
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After Reporting Decreased Revenue and Low Profits in 2016, Pacific Exploration Eyes Post-Restructuring Stabilization

Pacific Exploration has finalized its restructuring plan and is planning to invest $375 million USD this year to increase its production from the lows seen in the fourth quarter last year.
Posted On March 17, 2017
, By Jared Wade
Menarini Group Italy Colombia Peru Bogota Lima
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Italian Pharmaceutical Firm the Menarini Group Opens Office in Bogotá with 40 Employees

The Florence-based pharmaceutical firm formally inaugurated its new office in Bogotá on March 9 at the Italian Embassy.
Posted On March 16, 2017
, By Jared Wade
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Fitch Ratings Upgrades Colombia’s Sovereign Rating to Stable from Negative; Bogotá and Medellín Outlooks Also Upgraded

Fitch noted Colombia improving macroeconomic imbalances, current account deficit reduction, and falling inflation rate.
Posted On March 15, 2017
, By Jared Wade
Colombia's President Juan Manuel Santos odebrecht
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Colombian President Santos Acknowledges and Apologizes for His 2010 Election Campaign Accepting Illegal Funds

"I am deeply sorry and ask forgiveness from Colombians for this shameful act," said President Santos.
Posted On March 15, 2017
, By Jared Wade
electricaribe
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Colombian Government Orders Liquidation of Electricaribe

"The priority is that neither users nor companies suffer due to the energy supply," said President Santos.
Posted On March 14, 2017
, By Jared Wade
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