• Subscribe Now
  • Contact Us
  • Privacy Policy
  • About Us
facebook
linkedin
email
Unido Digital Media, LLC
  • BFSI
  • Energy
  • Infocom
  • Mining
  • Venture
  • Industry
  • Travel
  • Civic
  • Food, Health, Ag
  • Real Estate
  • ESG
  • Economy
  • Law & Justice
  • Interview
  • Analysis
  • Events

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/

 

DON'T MISS OUT: The only English-language Colombia news that's strictly business, markets, & investment!
Join global executives & investors by subscribing to our FREE weekly updates
Thank you for subscribing.
Something went wrong.
I agree to have my personal information transferred to MailChimp ( more information ) DISCLAIMER: Protección de Datos Personales Artículo 15 de la Constitución Política de Colombia, ley 1581 de 2012 y decreto 1377 de 2013.
We will never spam you or share your email address ¡Nunca Jamás!
Club Sandwich courtesy nms-enns0 - Pixabay
off

Bogotá Offers Best Value To Travelers Among Global Cities, According to Hotels.com “Club Sandwich Index”

The Hotels.com Club Sandwich Index (CSI) continues to compare the dining costs of hotels worldwide with its annual price barometer, the Club Sandwich Index. This year, the elevated report by Hotels.com – the CSI 2.0 – added three more hotel dining items to make the...
Posted On June 28, 2015
, By Loren Moss
off

Pacific Coal Resources Still In Filing Default, Provides Update

Pacific Coal Resources Ltd. (TSXV: PAK) the Canadian-based mining company engaged in the acquisition, exploration and production of coal and coal-related assets from properties located in Colombia, provided an update last week on the cease trade order issued with respect to a...
Posted On June 28, 2015
, By Loren Moss
off

RSA Research Finds Americas Financial Services Industry Lacks Cybersecurity Maturity

RSA, The Security Division of EMC (NYSE: EMC), released its inaugural “Cybersecurity Poverty Index” that compiled survey results from more than 400 security professionals across 61 countries. The survey allowed participants to self-assess the maturity of their cybersecurity...
Posted On June 28, 2015
, By Loren Moss
off

Praxis Rolling Out SAP Solutions In Colombia

Praxis, the multinational IT firm has announced that it is introducing new SAP solutions designed to improve operational efficiency to the financial sector in Colombia. SAP solutions are ubiquitous across many industries, but with specific regards to the banking industry, the...
Posted On June 28, 2015
, By Loren Moss
off

Social Inclusion: The Secret Sauce To Medellin’s Incredible Renaissance

Medellín has come a long way from its notorious and rapidly receeding past decades. What is the secret to their success in turning around their urban society, shedding old manacles and gaining a reputation as one of the world’s most innovative cities? Finance Colombia recently...
Posted On June 15, 2015
, By Loren Moss
off

Colombia’s Intecplas, SAS Acquired by US Based ACON, LLC, Rolled Up With Peru’s Pieriplast, SAC

ACON Investments, LLC. and its affiliates announced last week that it has acquired Intecplast SAS, a leading Colombian rigid plastic packaging manufacturer focused on personal care, cosmetics and pharmaceuticals, and Pieriplast SAC, a Peruvian supplier of luxury customized...
Posted On June 15, 2015
, By Loren Moss
off

Invest In Bogotá’s Juan Gabriel Perez Answers The Question: “Why Locate In Bogotá?”

Bogotá is not only the capital of Colombia, it is the fourth largest Latin American city with a population approaching that of New York, a city that can be reached from Bogotá via any of several daily nonstop 5-hour flights, or from any of 34 other international nonstop...
Posted On June 15, 2015
, By Loren Moss
off

New Cedula Required For All Foreigners Living In Colombia; US Global Entry Program Coming

Colombia’s Special Migration Administrative Unit has announced that from July 25 of 2015, a new cedula de extranjeria complying with Article 75 of Decree 834 of 2013; Colombian legislation that stipulates this will be the only valid identification documents for foreigners...
Posted On June 14, 2015
, By Loren Moss
off

Breaking News: Hewlett-Packard Closing Medellin’s Ruta-N, Commercial Offices

Finance Colombia has learned that global IT giant Hewlett Packard will be closing its Medellin offices in the Ruta-N business incubator, and other commercial offices based in the city. The California based computer and services company has been in a period of uncertainty for some...
Posted On June 11, 2015
, By Loren Moss
off

EPM and EAFIT Enter 2nd Generation Solar Powered Racing Car In World Solar Challenge

Medellín’s municipal owned utility EPM and the EAFIT university have joined forces, sharing knowledge, innovation and expertise to design and enter a new solar car to compete with the top engineering universities from around the globe in the World Solar Challenge, to be...
Posted On June 6, 2015
, By Loren Moss
courtesy harpsandflowers - pixabay
off

Colombia’s Finance Minister, Wall Street Analysts to Examine Economic Prospects at AS/COA’s Bogota Conference

Colombia remains among the fastest-growing economies in Latin America, with government estimates signaling the country will grow approximately 3.5 to 4% in 2015, while the country’s central bank forecasts a 3.2% increase in GDP. At a time of domestic and external challenges,...
Posted On June 6, 2015
, By Loren Moss
off

KSI Receives IB Accreditation; Students May Now Graduate With Colombian, US, and International Diplomas

Bogotá’s Knightsbridge School, a part of Knightsbridge Schools International (KSI) has recently received its International Baccalaureate (IB) designation, allowing the school to offer this internationally recognized high-school (secondary, pre-university education) diploma...
Posted On June 6, 2015
, By Loren Moss
copa airlines avianca colombia venezuela
off

Major Latin American Airlines Facing A Tough Year: Exclusive Interview

Fitch ratings recently published a “Latin American Airlines Dashboard” for the first half of 2015. According to the ratings firm, Latin American airlines face a challenging scenario for the rest of 2015. The benefits from lower fuel costs are being offset by declining yields,...
Posted On June 1, 2015
, By Loren Moss
world competitiveness IMD Business School's campus
off

Amid Declines By Its South American Neighbors, Colombia Holds Steady In 2015 IMD World Competitiveness Ranking

LAUSANNE, SWITZERLAND (May 27, 2015): IMD, a global business school with campuses in Switzerland and Singapore, today announced its annual world competitiveness ranking. As part of its ranking of 61 more developed and sizeable economies for 2015, the IMD World Competitiveness...
Posted On May 27, 2015
, By Loren Moss
off

Grupo Sura’s Roadside Assistance Program Selects ClickSoftware Service Platforms

Grupo Sura (OTC: GIVSY), the parent company of the insurance company in Colombia, announced today that it has selected ClickSoftware’s (NasdaqGS: CKSW) cloud-based mobile workforce management solution for its roadside assistance business. ClickSoftware’s solutions will facilitate...
Posted On May 27, 2015
, By Loren Moss
Finance Minister Mario Cardenas and Central Bank head José Dario Uribe
off

Colombia’s Benchmark Interest Rate Will Remain At 4.5%

Colombia’s Central Bank board at its meeting last Friday decided to keep the country’s benchmark interest rate at 4.5% taking into account the following: The United States economy is expanding at a slower pace, and the Euro area and Japan are showing signs of gradual recovery....
Posted On May 27, 2015
, By Loren Moss
off

Cardenas Confirms Colombia Will Back 70% Of Bogotá’s Expected $13.8 Billion Subway Debt

Finance Minister Mauricio Cardenas on Monday confirmed the commitment of the national government to finance 70% of the construction of Bogotá’s first subway line. “We reiterate our commitment to the construction of the Metro in the capital of the country, which will...
Posted On May 27, 2015
, By Loren Moss
Imagen de la produccion COLOMBIA: LA NUEVA FRONTERA de Discovery en Espanol. Estreno 7 de junio @10PM E/P. (PRNewsFoto/Discovery en Espanol)
off

Documentary: Ecuador Flooding Global Migrants Into Colombia Headed For USA

Colombia may be the newest route for migrants traveling illegally to the United States from third countries, according to a new documentary by the Discovery Channel and Caracol Television.  The country serves as a transit point for many who undertake this perilous journey,...
Posted On May 27, 2015
, By Loren Moss
off

Fitch: Colombia’s 4G Highway Project Creates Opportunities And Challenges For Domestic Banks

Colombia’s transformational 4G highway overhaul project creates business opportunities for local banks, but with those opportunities come funding challenges, says Fitch Ratings. The most significant challenge for 4G is attracting a broad range of international financing....
Posted On May 22, 2015
, By Loren Moss
off

Colombia And USA Sign FATCA Anti-Tax Evasion Pact

Finance minister Maurice Cardenas signed a Foreign Account Tax Compliance Act (FATCA) intergovernmental agreement, with US Ambassador Kevin Whitaker last Wednesday. The bilateral agreement is aimed at combating offshore tax evasion by promoting the exchange of information between...
Posted On May 22, 2015
, By Loren Moss
Archives courtesy of lropekk_pl - Pixabay
off

Colombian Entrepreneurs, Organizations May Apply For EMC Heritage Trust Information Preservation Grants

EMC Corporation (NYSE: EMC) announced today that the 2015 EMC Heritage Trust Project is now accepting nominations for grants. Grants will support projects that practice and encourage the stewardship of cultural information in local communities around the world. To date, EMC has...
Posted On May 22, 2015
, By Loren Moss
off

Motorcycle Industry Expert To Present Talk Friday In Medellín

One of the most influential journalists from Europe specializing in motorcycle motorsports will be at the Feria de las 2 Ruedas this week in Medellín. Jaime Alguersuari Tortajada will be holding a seminar for experts, press, aficionados and industry functionaries on May 22. The...
Posted On May 20, 2015
, By Loren Moss
off

Praxis Launches Electronic Filing App For Compliance, Document Management

Praxis, the multinational provider of IT and consulting solutions to the banking, finance and insurance sector, has announced its development of a new electronic records solution that turns mobile devices such as smartphones and tablets into data capture devices that can be used...
Posted On May 18, 2015
, By Loren Moss
off

Colombia Received $4 Billion (USD) In Remittances during 2014

According to a report released by the International Monetary Fund (IMF) and the Multilateral Investment Fund (MIF) Remittances to Latin America and the Caribbean Set a New Record High in 2014, the recordbreaking increase in remittances (money transfers) to Latin America reflects...
Posted On May 18, 2015
, By Loren Moss
off

Cementos Argos And Putney Capital Management In $34 Million USD Puerto Rico Cement Terminal Deal

Colombia’s Cementos Argos (“Argos”), the fifth largest producer of cement in Latin America, and the second largest in the southeast of the United States with operations in Colombia, Central America, the US and the Caribbean, announced the acquisition of one of...
Posted On May 18, 2015
, By Loren Moss
off

Tribeca Sells 60.75% Termocandelaria Majority Interest

Colombian Private Equity Firm Tribeca has announced its successful closing of the sale of its interest in Termocandelaria Power Limited (TPL) to a consortium of minority shareholders and institutional investors. TPL is the owner of Termocandelaria S.C.A. E.S.P. in Cartagena, and...
Posted On May 18, 2015
, By Loren Moss
off

Colombia’s ProColombia And Jamaica’s JAMPRO Reach Bilateral Trade Promotion Agreement

After working together for more than a year to negotiate a memorandum of understanding (MOU), The investment promotion agencies of Jamaica and Colombia, JAMPRO and ProColombia, respectively, have reached an agreement to promote trade and foreign direct investment between the two...
Posted On May 18, 2015
, By Loren Moss
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
off

Release: Ecopetrol’s 2015 Q1 Results,Statement from CEO, Juan Carlos Echeverry

This is a reprint of Ecopetrol’s statement released today: — The Group’s production maintained its growth trend, averaging 773.4 MBOED in the first quarter of 2015. Production operated by Ecopetrol S.A. increased by 12.6%. — Barrancabermeja’s gross...
Posted On May 12, 2015
, By Loren Moss
off

HBI Closes Over $130 Million USD In Investment Banking Deals In April

Helm Banca de Inversion (HBI), the independent investment banking arm of Grupo Helm, is solidifying its leadership position in Colombia’s investment banking market with over $130 million (USD) in deals in April 2015 alone. Among other deals, HBI advised BVC, the Colombian stock...
Posted On May 11, 2015
, By Loren Moss
off

Bancolombia Launches First Banking App For Windows Phone In Colombia

Users of Microsoft’s Windows Phone 8.1 who hold accounts at Bancolombia may now take advantage of the Bancolombia App for Windows Phone. The application has been downloaded over 18,000 times, and was designed by the bank to allow users to interact with the institution in a...
Posted On May 11, 2015
, By Loren Moss
(Photo credit: EPM)
off

EPM Expands Malambo Water Treatment Plant in Atlántico, Establishes Charity With PepsiCo and Postobón

In order to improve the quality of life of the inhabitants of Malambo, Atlantico on Colombia’s north coast, and promote the development of the municipality, Medellín based utility EPM has opened the El Tesoro water treatment plant. In addition, during the event commemorating the...
Posted On May 11, 2015
, By Loren Moss
off

Gran Tierra Energy Announces New Executive Appointments Post-Proxy Rao

Gran Tierra Energy Inc. (NYSE MKT: GTE, TSX: GTE), a Canadian domiciled company focused on petroleum exploration and production in Colombia, today announced several new executive appointments effective immediately. This comes after Gran Tierra Energy’s current board averted a...
Posted On May 11, 2015
, By Loren Moss
off

Colombia’s Unemployment Rate Falls to Lowest Ever 8.9%

According to DANE (Colombia Statistics Bureau) figures, the number of employed people increased 4.1% from March 2014, meaning that in the last year, 854,000 Colombians found jobs. This resulted in a maximum employment rate for any March since Colombia started tracking...
Posted On May 11, 2015
, By Loren Moss
off

US Ambassador, Colombia’s Finance Minister Featured At CEA General Assembly

The CEA (Council of American Enterprises) presented its 2014 results last week in the Country Club of Bogotá during a lunch attended by major US enterprises operating in Colombia. The event was attended by US Ambassador to Colombia Kevin Whitaker, and Mauricio Cárdena...
Posted On May 11, 2015
, By Loren Moss
off

Major Construction and Design Expo Coming To Bogotá May 19-24

In the last two years, the construction sector has grown 9% as a part of the Colombian economy. According to the Colombian Construction Chamber of Commerce (Camacol) estimates, building construction used $28.5 billion in products and services, over 40% more than in 2010; evidence...
Posted On May 11, 2015
, By Loren Moss
off

New To Colombia: First Carl’s Jr. Fast Casual Hamburger Restaurant Opens in Bogotá

Hamburger purveyor Carl’s Jr. continues its Latin America expansion with the opening of its first restaurant in Colombia last week. Located at Parque de La 93 on Bogotá’s north side, the restaurant marks the first of a multi-unit development agreement between Carl’s Jr. parent...
Posted On May 10, 2015
, By Loren Moss
off

Colombian Tax Ruling: 33% Withholding Tax On Foreign Payments

Colombia’s Tax Authority, DIAN has clarified the withholding tax rate applicable to payments made abroad based on the provisions of Law 1739 of 2014. Article 28 of Law 1739 of 2014 set forth that revenue obtained by companies and foreign entities, that is not attributable to a...
Posted On May 9, 2015
, By Oscar Jimenez
off

Budweiser in BBC? Bogota Beer Company Acquired By Inbev’s Ambev Unit

Colombia’s largest chain of brew pubs, Bogota Beer Company (BBC), has been sold to Ambev, the Brasil based subsidiary of global beer and beverage giant Anheuser-Busch Inbev, owner of brands such as Budweiser, Corona, Skol, and Stella Artois. The transaction was led by Colombian...
Posted On May 9, 2015
, By Loren Moss
off

Gran Tierra and West Face Capital Reach Deal: Gary Guidry Appointed CEO, Agreement On New Board

CALGARY and TORONTO, May 8, 2015 /CNW/ – Gran Tierra Energy Inc. (From a statement issued by Gran Tierra this morning) (NYSE MKT: GTE, TSX: GTE), a company focused on oil exploration and production in Colombia and other countries in South America, and West Face Capital Inc....
Posted On May 8, 2015
, By Loren Moss
LNG Floating Storage Unit (CNW Group/Pacific Rubiales Energy Corp.)
off

Breaking News; Pacific Rubiales Considering Takeover Bid By Alfa SAB and Harbour Energy

TORONTO, May 5, 2015 (CNW) Finance Colombia has learned that the Canadian petroleum company Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) has entered into exclusive discussions in respect of an offer  from Mexican conglomerate ALFA, SAB de CV, and Harbour Energ...
Posted On May 6, 2015
, By Loren Moss
Coal new colombia resources
off

Breaking News: Pacific Coal Resources, Ltd. Defaults In Filing; Under Temporary Cease Trade Order

Pacific Coal Resources Ltd. (TSXV: PAK) announced today that it has filed a Material Change Report in respect of the Company’s default in filing annual financial statements, management’s discussion and analysis, and certifications for the period ending December 31,...
Posted On May 4, 2015
, By Loren Moss
off

Exclusive Interview: Medellin’s Vice-Mayor Discusses The City’s Culture Of Innovation, Pro Growth Strategy

How did Medellín go from being infamous as the most dangerous city on Earth to being famous as the most innovative city on Earth? The United Nations recently held a global conference in Medellín, bringing government officials from all over the world to learn from Medellin’s...
Posted On May 4, 2015
, By Loren Moss
off

Unisys Ups Its Commitment To Colombia, Opens Global Innovation Center

Unisys Corporation (NYSE: UIS) has announced the launch of the Unisys Global Innovation Center in Bogotá, Colombia. This center will be focused on the creation of customized IT solutions for Unisys clients throughout the world. The Bogotá center will be the second of its kind...
Posted On May 4, 2015
, By Loren Moss
off

ANATO Expects Tourism To Grow With New Connectivity to Armenia and Colombia’s Coffee Country

Paula Cortés Calle, the president of the Colombian Association of Tourism and Travel Agents (ANATO), announced last week new flights on Colombian air carrier Satena, flying from Bogotá to Armenia, Quindio starting May 25, with travel agencies already selling tour packages that...
Posted On May 4, 2015
, By Loren Moss
off

Guest Opinion: Education—Beyond Computer Giveaway Connectivity Programs

The use of technology in our lives will only increase over the next few years. Everything around us will be connected one way or another. Internet access is already embedded in automobiles and, a few decades from now, viewing the Internet while inside the car will be as ordinary...
Posted On May 4, 2015
, By José Otero
off

2019: One In Five Mobile Phones Sold In Colombia Will Be 4G LTE

Colombia has turned out to be one of the major players in the growth of LTE in Latin America due to early commercial launches of the technology in 2012, preceding even the launches in the US by Sprint and T-Mobile and beating out markets like Denmark, Spain, France and Italy. The...
Posted On May 3, 2015
, By Loren Moss
Steven Joyce Natalia Ariza
off

New Zealand Explores Educational Exchanges With Colombia

New Zealand recently concluded a mission to Colombia led by the Minister of Education, Training and Employment, Steven Joyce, along with representatives of New Zealand’s Agency for International Education (ENZ) with the purpose of strengthening bilateral ties and to formalize...
Posted On May 3, 2015
, By Loren Moss
off

Where To Eat In Colombia – Cartagena and Bolivar

These restaurants have been actually visited by Finance Colombia editors, and are recommended to the business traveler.The list is updated on a continual basis, and  contains a mix of the rustic to the fancy, so bookmark it and check back often.  To nominate a restaurant or to...
Posted On May 3, 2015
, By Loren Moss
El Cielo near Medellín's El Poblado district was voted one of the 50 best restaurants in Latin America
off

Where To Eat In Colombia – Medellín and Antioquia

These restaurants have been actually visited by Finance Colombia editors, and are recommended to the business traveler.The list is updated on a continual basis, and  contains a mix of the rustic to the fancy, so bookmark it and check back often.  To nominate a restaurant or to...
Posted On May 3, 2015
, By Loren Moss
Plaza de Andres in the Hacienda de Santa Barbara shopping center (Usaquén) offers several fast casual dining concepts in one venue.
off

Where To Eat In Colombia – Bogotá and Cundinamarca

These restaurants have been actually visited by Finance Colombia editors, and are recommended to the business traveler.The list is updated on a continual basis, and  contains a mix of the rustic to the fancy, so bookmark it and check back often.  To nominate a restaurant or to...
Posted On May 3, 2015
, By Loren Moss
Cheeseburger - San Antonio Antioquia
off

Where To Eat In Colombia – National

These restaurants have been actually visited by Finance Colombia editors, and are recommended to the business traveler.The list is updated on a continual basis, and  contains a mix of the rustic to the fancy, so bookmark it and check back often.  To nominate a restaurant or to...
Posted On May 1, 2015
, By Loren Moss
Bolsa de Valores de Colombia
off

Breaking News: Bolsa De Valores Colombia Acquires Sophos Banking Solutions

This afternoon, the Colombian Stock Exchange (BVC) announced that it has reached an agreement to acquire 51% of Sophos Banking Solutions in an all cash deal. Sophos is a leading South American technology firm with a focus on the finance and securities sector. The motivation...
Posted On April 29, 2015
, By Loren Moss
off

W Hotel Bogotá: Modernist Luxury Comes To Usaquén

Finance Colombia recently visited Starwood Hotels and Resorts’ (NYSE: HOT) recently opened W Bogotá in Bogotá’s north side, possibly Colombia’s premier luxury hotel designed for the high-end business traveler with tastes running towards the modern. The hotel presents a markedly...
Posted On April 26, 2015
, By Loren Moss
Rendering of the new auditorium on EAFIT's campus, built by Grupo Argos as part of its Centro Argos Para La Innovacion
off

Exclusive: EAFIT’s Rector Discusses The University’s International Alliances, Corporate Partnerships, And Social Inclusion

EAFIT is a fairly young university when compared to European colleges or even many in the New World. Still, it has done quite a bit in its 55 year history. Started by business leaders in Antioquia who wanted a qualified source of managers and technicians, EAFIT has managed to...
Posted On April 26, 2015
, By Loren Moss
Photo © Loren Moss
off

Fitch: Colombia’s Banks Resistant to Weak Peso and Slow Growth

The strong U.S. dollar, Colombian peso (COP) depreciation and slow growth in Latin American economies are not expected to be serious threats to the credit strengths of Colombia’s largest private banks, says Fitch Ratings. In a strong dollar environment, Colombia’s...
Posted On April 26, 2015
, By Loren Moss
off

Colombia Receives $400 Million USD Credit Line From The Central American Bank for Economic Integration

Colombia’s Minister of Finance, Mauricio Cardenas, revealed Thursday that Colombia will have access to a credit line of US $ 400 million with the Central American Bank for Economic Integration (BCIE for its initials in Spanish). Colombia has been a non-regional member of the BCIE...
Posted On April 26, 2015
, By Loren Moss
EPM's General Manager Juan Esteban Calle Restrepo at the press conference announcing EPM's acquisition of ADASA
off

Medellin’s Public Utility EPM Purchases Aguas Antofagasta of Chile

The utility Grupo EPM (Empresas Públicas de Medellín), owned by the municipal government of Colombia’s second largest city, has reached an agreement to purchase the water utility Aguas de Antofagasta, S.A. (ADASA)  in Chile, subject to Chile’s Empresa Concesionaria de Servicios...
Posted On April 26, 2015
, By Loren Moss
off

Millicom’s Tigo And UNE Brands Contributing To Strong Q1 2015 Results

Millicom International Cellular (NASDAQ:MICC) (STO:MIC), the Luxembourg based global telecom operating the Tigo and UNE brands in Colombia is reporting strong first quarter revenue growth across its operating units. While the weakness of the Colombian Peso has served as a drag on...
Posted On April 22, 2015
, By Loren Moss
off

UPDATED: West Face Capital Launches Proxy War To Usurp Management And Take Control of Gran Tierra Energy

It was only a matter of time before dominoes start to fall in the Andean petroleum sector due to the prolonged low oil prices, and now, Finance Colombia has obtained documents filed with the United States Securities and Exchange Commission (SEC) signaling the intent by Toronto...
Posted On April 21, 2015
, By Loren Moss
off

Colombia Leading Growth of 4G LTE Adoption In Latin America; Exclusive Interview With 4G Americas’ José Otero

Latin America has seen a substantial increase in LTE deployments and subscribers with an impressive 488% annual growth from 2 million LTE connections at end of 2013 to 12 million at the end of 2014. This growth is due in large part to the spectrum auctions that have occurred...
Posted On April 20, 2015
, By Loren Moss
Finance Colombia's Loren Moss speaks with Blockwise's Evangelina Colasso
off

Why Would A Gaming Software Company Co-Founded By An Argentine In Brasíl Move Everything to Medellín, Colombia?

Blokwise, also known as BW Studios, has developed video game and animation work for South American brands such as Haceb and Pilsen, as well as global entertainment giants like TNT and the Cartoon Network. A company like this could probably operate anywhere, whether in Brasíl...
Posted On April 20, 2015
, By Loren Moss
off

After 30% Growth In 2014, Digitex Finds Strong Growth Prospects In Colombia’s Insurance And Finance Sectors

Iberian company Digitex has been experiencing tremendous growth of late, using its global footprint to find success beyond its Iberian home. In 2014 alone, the company realized 30% revenue growth in Colombia alone, providing a mix of technology and services to corporate...
Posted On April 19, 2015
, By Loren Moss
off

Pacific Rubiales To Release Results And Hold Conference Call, Appoints New Investor Relations Head

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) announced Thursday that its first quarter 2015 results will be released before market opening next month, on Thursday, May 14, 2015 followed by a conference call and webcast for investors and analysts at  9am Eastern Time....
Posted On April 19, 2015
, By Loren Moss
off

Innovari Names Manuel Arancibia To Head New Colombia Office

Energy technology provider Innovari has appointed Manuel Arancibia as president of Innovari Latin America in conjunction with the opening of its Colombia office. The expansion supports the growth of the company’s Latin American operations, and adds a local sales and...
Posted On April 19, 2015
, By Loren Moss
off

Major Increase in Colombian Commercial Air Routes Approved

Due to increasing domestic and international demand for air travel, Aerocivil, Colombia’s civil aviation authority has announced decisions on a number of new domestic and international air routes petitioned by commercial carriers for 2015. Lan Colombia received approvals for the...
Posted On April 19, 2015
, By Loren Moss
Frame from a security video provided by Ecopetrol
off

Union Sindicalists Overrun Ecopetrol Facility Near Santa Marta

Colombia’s largest company, state controlled Ecopetrol released video showing the unauthorized entry of USO (Union Sindical Obrera de la Industria del Petrolero) activists last Tuesday at the oil producer’s Pozos Colorados facility, on the Atlantic coast, south of...
Posted On April 19, 2015
, By Loren Moss
off

First Holiday Inn Express Hotel Opens In Bocagrande, Cartagena

InterContinental Hotels Group (IHG)  [LON:IHG, NYSE:IHG (ADRs)]  has announced the opening of the Holiday Inn Express Cartagena Bocagrande hotel in Cartagena. The new, 200-room hotel is the second IHG property in Cartagena and IHG’s 12th property in Colombia. A third Cartagena...
Posted On April 19, 2015
, By Loren Moss
Finance Colombia editor Loren Moss with publicist Liliana Torres Rios (left), and Vallenato artist Beimar Toledo in the offices of the Consejo de Empresas Americanas
off

Photo Brief: Merriment And Mirth At The Council of American Enterprises

Meetings between Finance Colombia and the Council of American Enterprises at the latter’s headquarters in the Chicó district of Bogotá, were pleasantly interrupted by a serenade from Vallenato rising star Beimar Toledo, accompanied by his lovely publicist, Liliana Torre...
Posted On April 19, 2015
, By Loren Moss
off

Ruta N Technology Incubator Anchors Medellin’s Innovation District, Driving Business Growth And Social Inclusion

While Colombia’s center of government may rest in Bogotá, the second largest city of Medellín has always been an economic engine and home to some of Colombia’s largest enterprises. Free of the confrontational politics and scandal that have often plagued the country’s capital,...
Posted On April 13, 2015
, By Loren Moss
off

Exclusive Interview: Praxis Head Discusses Growth in Colombia’s Finance Sector, But Critical Data Security Challenges Remain

Finance Colombia recently sat down with the Director General of Praxis in Colombia, Carlos Chiquillo, fresh off their celebration of a successful first year of operations in the Andean nation. The Mexican based multinational opened operations in Colombia due to strong demand from...
Posted On April 12, 2015
, By Loren Moss
Courtesy JessicaFender - Pixabay
off

Expert Opinion: The Special Hydrocarbon Exchange Regime—Innovative or Outdated?

The increasing currency flows from foreign investment directed towards the hydrocarbon sector, have been stimulated largely due to laws that Colombia’s national government has implemented in order to stimulate investment in this sector. The time has come to discuss and to analyze...
Posted On April 11, 2015
, By Enrique Buitrago
off

Unemployment In Colombia Continues At Record Lows

Colombia’s Finance Minister Mauricio Cardenas said Tuesday that the unemployment rate for the country continues its downward trend, reaching 9.9% for the month of February, 2015. “The trend in unemployment continues to fall. The unemployment rate has stood at 9.9% in...
Posted On April 11, 2015
, By Loren Moss
off

US ExImBank to Back AugustaWestland Helicopter Deal Serving Colombian Offshore Petroleum Sector

The Export-Import Bank of the United States (Ex-Im Bank) has approved a $22.4 million dollar loan guarantee for Apple Bank for Savings of New York to finance the export of U.S.-made AgustaWestland AW139 helicopters to borrower North Pole Investments in Panama for us...
Posted On April 11, 2015
, By Loren Moss
US President Barack Obana and Panama’s President Juan Carlos Varela look on as (seated, l to r) David Joyce, President of GE Aviation, Jim McNerney, CEO and Chairman of Boeing, Stanley Motta, Chairman of Copa Holdings, and Copa CEO Pedro Heilbron signed documents recognizing the agreement. The airplanes had previously been listed as unidentified on Boeing’s Orders and Deliveries website.
off

Copa Airlines Signs $6.6 Billion (USD) Deal For 61 Boeing 737 Aircraft

Copa Airlines (NYSE:CPA) and Boeing (NYSE: BA) announced on Friday, a $6.6 billion US dollar (based on Boeing’s published list prices) order for 61 737 MAX-8 and MAX-9 airplanes, making it the largest commercial transaction between a Panamanian and United States company ever....
Posted On April 11, 2015
, By Loren Moss
Courtesy byrev - pixabay
off

EEB Wins Tender To Boost Electrical Capacity in Colombia’s Magdalena Department

Empresa Energía de Bogotá (EEB), parent company of Grupo Energía de Bogotá, was awarded the UPME STR 07-2014 Río Córdoba 220/110 kV tender offer, by Colombia’s Mining and Energy Planning Unit (UPME) last Thursday. The project consists of the construction, operation and...
Posted On April 11, 2015
, By Loren Moss
off

Photo Brief: Presidents Santos And Obama Hold Bilateral Meeting During Summit Of The Americas In Panamá

ABOVE:  Colombian President Juan Manuel Santos shakes hands with United States President Barack Obama during a cordial bilateral meeting that they held while the two leaders were attending the Summit of The Americas in Panamá last week. Also attending were Colombian Foreign...
Posted On April 11, 2015
, By Loren Moss
off

Jorge Castaño Gutiérrez Appointed Financial Superintendent

Colombia’s finance minister Mauricio Cardenas, through decree 0602 issued on April 7, has appointed Jorge Castaño Gutiérrez as financial superintendent. Castaño has worked with the financial supervisory authority for the past decade, and has most recently served as the director...
Posted On April 9, 2015
, By Loren Moss
off

Expert Analysis: Using Big Data To Make Better Decisions in Financial Institutions

Increasingly, the emergence of wireless technologies, intelligent products and businesses defined by software play a key role in the exponential growth of data worldwide. This is corroborated according to a study conducted by EMC Corporation and IDC, which states that the Digital...
Posted On April 9, 2015
, By Salvador Vega
off

Delta Announces New Flights From Cartagena and Medellín to Atlanta

Delta Air Lines (NYSE: DAL) has announced expansion to its service between the United States and Colombia with new flights from its largest hub in Atlanta to Medellin and Cartagena starting December 19 of this year. Tickets for the flights are already available for purchase....
Posted On April 9, 2015
, By Loren Moss
off

Report: Cali Demanding Attention of Global Investors, as Demonstrated by Giant Hi-Tech Business Park Under Construction

Based on a private report released in November 2014 by the global research firm Everest Group, Cali, Colombia does not necessarily receive the attention it deserves as an ideal global services delivery destination. More famous for its world class salsa scene, its “La Sexta” party...
Posted On March 31, 2015
, By Loren Moss
off

Exclusive: Everest Group’s Salil Dani Discusses Colombia’s Back-Office & Processing Services Potential

Global consultancy & analyst firm Everest Group recently released their 2014 Market Vista and 2014 Year In Review, in which they discuss global shared services and outsourcing trends. Latin America is growing as a destination for these services, and Colombia seems to be...
Posted On March 31, 2015
, By Loren Moss
off

“Féria de las Dos Ruedas” Motorcycle Industry Trade Show and Exhibition Coming to Medellín May 21-24, 2015

Considered by some to be the premier motorcycle industry event in Colombia; the ninth edition of the Fair of Two Wheels Colombia is bringing an extensive business agenda and many great attractions for industry professionals and motorcycle enthusiasts. This year the fair will open...
Posted On March 30, 2015
, By Loren Moss
off

Cencosud Reports Fourth Quarter Profits Up 7%, Net Income Down 35.7%

Cencosud S.A. (BCS: CENCOSUD; NYSE: CNCO), the Chile-based  retailer with presence in five countries, including Colombia, announced Friday its consolidated financial results for the fourth quarter and year-end of 2014. All figures are in Chilean pesos (CLP), except where...
Posted On March 28, 2015
, By Loren Moss
off

PRAXIS Launches Mobile Investment App in Colombia

Last week, PRAXIS, a global technology provider headquartered in Mexico, launched PraxFinancial a new tool directed to brokerage firms who want to offer their customers a tool that allows them to invest in the securities market in a simple, quick and novel way and, at the same...
Posted On March 28, 2015
, By Loren Moss
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
off

Ecopetrol Announces Dividend Of 70% Net Income, New Board of Directors, Auditor

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announced yesterday that the General Shareholders’ Meeting, held March 26th, 2015, approved an ordinary dividend of 133 Colombian pesos (COP$133) per share. The General Shareholders’ Meeting approved a lump sum...
Posted On March 27, 2015
, By Loren Moss
Avianca Boeing 787 Dreamliner at Medellín's Airport
off

Fitch Affirms Avianca Holdings’ IDRs at ‘BB-‘ & Unsecured Notes at ‘B+/RR5’; Outlook to Negative

Fitch Ratings has issued the following statement this morning regarding the credit outlook of Avianca Holdings. Fitch Ratings has affirmed the ratings of Avianca Holdings S.A.’s (Avianca Holdings) and its subsidiaries as follows: Avianca Holdings S.A. (Avianca Holdings)...
Posted On March 27, 2015
, By Loren Moss
off

Bancolombia Wins IDB Sustainable Banking Award For Its BanCO2

The Inter-American Development Bank (IDB) announced in Korea today the winners of the fifth annual beyondBanking awards, which recognize best projects and initiatives in the region contributing to the creation of a more sustainable financial sector. The awards were given in a...
Posted On March 27, 2015
, By Loren Moss
Dr. Enrique González Villa - President of Cámara Colombiana del Libro
off

Macondo: Special Guest Nation At This Year’s “FILBo,” Colombia’s International Book Fair

This year’s guest nation at Colombia’s “Féria Internacionál del Libro” will be Macondo, the fictional country imagined by the late “Gabo,” Gabriel Garcia Márquez, the Colombian author who was awarded the 1982 Nobel Prize in Literature. A 3,000 square-meter pavilion honoring the...
Posted On March 26, 2015
, By Loren Moss
off

EEB Will Not Bid For Isagen. Fitch Holds Credit Outlook At Neutral

Consistent with Fitch Ratings’ belief that a major acquisition by Empresa de Energia de Bogota S.A. E.S.P.’s (EEB) is unlikely in the near to medium term, the company publicly declared it will not be participating in the republic of Colombia’s attempted sale of...
Posted On March 26, 2015
, By Loren Moss
off

Colombian Banks’ Disclosures Improve With IFRS Adoption, Says Fitch

The introduction of IFRS reporting in 2015 for Colombian banks is an improvement in financial disclosure, says Fitch Ratings. A majority of IFRS rules became effective for all Colombian financial institutions on Jan. 1, 2015 and introduced material changes in the treatment of...
Posted On March 26, 2015
, By Loren Moss
1

Interview: ETB Making Moves To Catch Up, Surpass Competition

Empresa Telefónica de Bogotá (ETB), claiming to be the second oldest existing telephone company on the planet, has been making impressive moves in 2014 and 2015, transforming its business model into a modern digital communications enterprise. CEO Saul Kattan Cohen was recognized...
Posted On March 26, 2015
, By Loren Moss
Colombia's Banco De La RepublicaBoard of Directors, Photo credit Juan Enrique Rodríguez.
off

Colombia’s Central Bank Leaves Benchmark Interest Rate at 4.5%

The Board of Colombia’s Bank of The Republic, at its meeting last Friday decided to keep the benchmark interest rate at 4.5%. According a statement released by the Central Bank, the Board took into consideration the following aspects when reaching its decision: The average...
Posted On March 25, 2015
, By Loren Moss
1

ETB Reports Record 20-Year Profits, New Board of Directors Elected At Shareholder Meeting

The General Shareholders’ Meeting of 2015 took place yesterday for Empresa Telefónica de Bogotá (ETB), where an improvement in the telecom’s balance sheet of an increase in equity (25.6%) and a decrease in liabilities (29.1%) during the last three years was the highlight,...
Posted On March 25, 2015
, By Loren Moss
off

Invitation: Deepwater & Unconventional Oil Exploration & Production in Colombia Forum

Deepwater and unconventional E&P activities in Colombia are experimenting a significant boost, creating great business opportunities for international companies. Monday, May 4th, 2015, 8:00 am – 12:00 pm OTC – NRG Arena – Houston, TX 77054 While Colombia is...
Posted On March 24, 2015
, By Loren Moss
off

Fitch Revises Rating Outlook on Grupo Sura to Positive; Affirms IDR at ‘BBB-‘

Fitch Ratings has revised the Rating Outlook for Grupo de Inversiones Suramericana’s (GRUPO SURA) long-term foreign and local currency Issuer Default Ratings (IDR) to Positive from Stable and affirmed the IDRs at ‘BBB-‘. Fitch has also affirmed outstanding debt...
Posted On March 24, 2015
, By Loren Moss
Avianca 787 united airlines
off

Avianca, Subsidiaries, Carried Over 2 Million Passengers in February, 2015

In February, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) transported 2,049,954 passengers, up 7.4% compared to February  of 2014. Capacity, measured in ASKs (available seat kilometers), increased 6.8%, while passenger traffic, measured in RPKs...
Posted On March 24, 2015
, By Loren Moss
President Juan Manuel Santos
off

President Santos Lauds $1 Billion Dollar (US) Bond Placement, Global Investor Confidence in Colombian Economy

The President of  Colombia, Juan Manuel Santos, said today that Colombia successfully placed a new $1 billion (USD)  bond issue on the global debt market yesterday, demonstrating the world’s confidence in the soundness of the Colombian economy. “We placed  a billion...
Posted On March 24, 2015
, By Loren Moss
off

Bladex Reports 4Q 2014 Income At $36.1 Million (USD), 51% Growth over 2013

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, “Bladex”), the Panama-based supranational bank established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade finance and economic integration in the Region, announced...
Posted On March 24, 2015
, By Loren Moss
off

PRAXIS Launches Pay Wallet, Virtualized NFC Electronic App in Colombia

PRAXIS, a Mexican transnational corporation, and provider of technology solutions, announced the availability in Colombia of “Pay Wallet”, their electronic wallet model for corporations and banking institutions, that in the form of an application, enables the information exchange...
Posted On March 23, 2015
, By Loren Moss
« First‹ Previous3940414243Next ›

Search Finance Colombia

Watch this!

https://youtu.be/lIc5NnmSb94?si=IUOMJr7z8ZosHxsS

Listen to our Podcast

Sign up for the Finance Colombia Newsletter

We promise to never share your email address!
don't forget to include "https://"
* = required field
Your Background / Function








Search

RSS Bilingual & Remote Jobs

  • Agenda Manager - Do you want to break into international business but nobody will give you a chance? - Remote
  • Sales Associate - Kingston, Jamaica
  • Asset Manager - Madrid, Spain
  • Coordinador/a de calidad para La Unión 1626483143.1 - La Unión, Antioquia, Colombia
  • Técnico/a de Calibración Junior - Barcelona, Spain
  • Digital Analyst - Barcelona, Spain
  • Analista Seguimiento Refacciones
  • Director/a de operaciones para hotel, restaurante y discoteca 1626320364.60 - Medellín, Medellin, Antioquia, Colombia
  • ADAS Test Driver - Mexico City, CDMX, Mexico
  • Desarrollador fullstack - Bogotá, Bogota, Colombia

Categories

Sign up for the Finance Colombia Newsletter

We promise to never share your email address!
don't forget to include "https://"
* = required field
Your Background / Function








RSS Empleobilingue.com

  • Director/a de operaciones para hotel, restaurante y discoteca 1626320364.60 - Medellín, Medellin, Antioquia, Colombia
  • Coordinador/a de calidad para La Unión 1626483143.1 - La Unión, Antioquia, Colombia
  • Desarrollador fullstack - Bogotá, Bogota, Colombia
  • Technical Analyst - Remote
  • PIM Administrator - Ecommerce - Remote (Bogotá, Bogota, Colombia)
  • Auxiliar de gestión humana y bienestar para Girardota 1626060072.28 - Girardota, Antioquia, Colombia
  • Marketing Strategist
  • Trainer Manager - Bogotá, Bogota, Colombia
  • Tolemaida UH- 60 Inspector - Bogotá, Bogota, Colombia
  • Virtual Assistant - Team Lead - Remote

Contact Us

  • Subscribe Now
  • Contact Us
  • Privacy Policy
  • About Us
Copyright 2014-2023 Finance Colombia All Rights Reserved. We may earn commissions from qualifying purchases.
WhatsApp us