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Media Partnerships

//Finance Colombia is glad to support the efforts of event organizers domestically and internationally. We offer several different levels of collaboration based on your objectives & constraints.

Finance Colombia is glad to support the efforts of our event organizer partners domestically and internationally. We offer several different levels of collaboration based on your objectives & constraints.

Basic

Finance Colombia offers the following:

  • 728×90 OR 300×250 banner ad in rotation on all article pages and front page
  • 1 email announcing the event to our subscriber base before the event. You provide HTML
  • 12 social media posts: up to 1 per week, Facebook, Twitter, LinkedIn
  • 1 pre-event article announcing and promoting the event
  • 1 post-event article

 

You offer the following:

  • 3 all access media passes (editor, photographer, assistant) for events within Colombia, or 2 all access media passes for events outside of Colombia, including privileges of paid attendees (meals, event receptions, functions, etc.)
  • Prominent listing as media partner with our logo (and link on electronic media) on all print and electronic promotional materials, event programs, etc. including stage backdrops, and photographer’s curtains.
  • Table and suitable space to share our promotional material (primarily offering free subscriptions to attendees) and permission to offer free subscriptions to attendees
  • Airfare + Hotel to and from the event per our travel policy:
    • International, Bogotá: 1 hotel room (official event venue hotel) & 2 business class airfares
    • Rest of Colombia: 2 hotel rooms & 2 business class round trip fares
    • Events in Medellín do not require hotel room or air travel

Speaker / Moderator

We offer each other all of the above plus…

Finance Colombia offers:

  • 2 additional articles, promoting our participation, plus promoting the event (3 total).
  • 2 more promotional emails (up to 1 per month, maximum)
  • Cross platform promotion – banner ads on our other publications & social media channels as relevant: Finance Americas, Cognitive Business News, Lorenmoss.com, Unido Digital Media
  • Social media promotion, participation & engagement during the event
  • Active promotion of our participation via publisher & publication LinkedIn channels & groups, social media
  • Assistance & outreach (as necessary) with identifying & recruiting other speakers, invited guests & experts
  • Finance Colombia editors/publisher will  prepare and give relevant presentations and/or moderate up to 2 sessions, in English or Spanish

 

You offer:

  • Access to any VIP / optional extra-cost event functions
  • Full exhibit space during the event
  • 1 additional all-access exhibitor pass

 

Sponsor Package

We offer each other all of the above plus:

Finance Colombia offers:

  • Video and written interviews of speakers and/or organizers during the event (up to 5).
  • 12 additional social media posts (24 total)
  • 3 pre-event articles promoting the event, such as interviews with speakers
  • 3 (minimum) post-event articles highlighting the event’s success
  • Distribution of your content (such as white papers, reports, etc.) via Finance Colombia: Articles & banners with links to download
  • 2 additional email blasts (spread out, no more than 2 per month)

 

You offer:

  • $5,995 USD
  • 1 additional air fare & hotel room per above policy
  • Listing as silver level sponsor or above (or equivalent)

 

Additional Options

  • Keynote Speaker: Loren Moss, publisher of Finance Colombia will deliver opening or closing keynote presentation, researched and relevant to the event, English or Spanish $6,000 in addition to above – Speaker/Moderator or Sponsorship package
  • Outbound Marketing: A team of 3 of our bilingual outbound sales associates will contact and invite attendees to your event $11,000 USD / month

Use our easy contact form below, or the Whatsapp applet at the bottom right:

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Donald Trump to Make First Visit to Colombia as President in April

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

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

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

Each was scrutinized in 10 categories, including internal controls, accounting records, and compliance programs.
Posted On March 18, 2018
, By Jared Wade
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Bancolombia to Invest $140 Million USD in Digital Transformation This Year

About 80% of the sum will be devoted to operations in Colombia with the remainder going to holdings in Panama, Guatemala, and El Salvador.
Posted On March 16, 2018
, By Jared Wade
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Tecnoglass Hit $314.5 Million USD in Revenue and $5.7 Million in Net Income in 2017

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

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

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

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

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

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

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

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

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

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

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

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

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

This was the first round of a planned $300 million USD series of corporate bond issuances.
Posted On March 6, 2018
, By Jared Wade
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PentaNova Energy Subsidiary Granted Operatorship of Maria Conchita Gas Block in Colombia

MKMS Enerji Anonim Sirketi is a fully owned subsidiary of Canadian oil and gas company PentaNova Energy.
Posted On March 6, 2018
, By Editorial Staff
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Analysis: Looking at the Mexican Cartel Strategy in Post-FARC Colombia

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

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

Colombian power company Isagen S.A. E.S.P. recently issued some $263 million USD (750 billion pesos) of bonds. Demand for the notes, which the company stated as 1.4 trillion pesos, was nearly twice as great as the amount that was issued, according to Isagen. The issuance came in three forms: 375 billion pesos of...
Posted On March 4, 2018
, By Jared Wade
Colombia Looks to Spur Commercial Relationship with Austria (Photo credit: bogitw / Pixabay)
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Colombia Looks to Advance Commercial Relationship with Austria

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

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

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

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

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

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

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

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

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

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

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

Ecopetrol claimed proven reserves of 1.659 billion barrels of oil equivalent at the end of 2017, up from the 1.598 billion barrels in 2016.
Posted On February 23, 2018
, By Jared Wade
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Bancolombia Has Introduced New Tabot Chatbot for Facebook Messenger

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

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

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

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

Colombian household goods firm Grupo Familia acquired Industrial Papelera Ecuatoriana of Ecuador earlier this month for $36 million USD.
Posted On February 16, 2018
, By Jared Wade
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Colombia Must Control Spending to Reach 2019 Fiscal Rule Target, Warns Fitch Ratings

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

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

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

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

Puerta del Hierro-Palmar de Varela and Carreto-Cruz del Viso have broken ground.
Posted On February 14, 2018
, By Jared Wade
The most severe physical damage done by the ELN infrastructure downed a bridge in Pelaya, Colombia. (Credit: Ejército Nacional de Colombia)
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Weekend Campaign of Infrastructure Attacks by ELN Disrupt Order, Kill One Soldier in Colombia

“They say they want peace, but they contradict that fact,” stated President Santos, adding "it will be very difficult to resume the dialogues.”
Posted On February 12, 2018
, By Jared Wade
Crude oil production in Colombia energy and natural resources sector. (Credit: lalabell68 / Pixabay)
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Frontera Energy Suspends Operations at Cubiro Oil Field in Colombia After Local Violence, Threats

Frontera Energy this week suspended operations at a site in Casanare in response to violence, intimidation, and threats.
Posted On February 9, 2018
, By Jared Wade
European Union flag. (Photo credit: Wiktor Dabkowski, Action Press)
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Patricia Llombart Cussac Named European Union Ambassador to Colombia

Llombert, a native of Spain, will focus her efforts on carrying out the various EU projects in post-conflict Colombia.
Posted On February 9, 2018
, By Jared Wade
(Photo credit: Minvivienda)
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Colombia Launches $420 Million USD Housing Subsidy Program

The funds will significantly reduce the interest rate of some 77,000 mortgages that officials say will be generated by plan.
Posted On February 9, 2018
, By Jared Wade
Whatsapp is expected to be the primary customer service support for the chatbots operated in Colombia by Chocolate Chatbot. (Photo credit: Webster2703 / Pixabay)
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Spanish Agency Chatbot Chocolate Sets Up Shop in Bogotá to Expand AI-Based Customer Service to Latin America

The Spanish firm operates a software system that provide 24/7 customer support through messaging services such as Whatsapp.
Posted On February 7, 2018
, By Jared Wade
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European Consulting Firm Amaris Opens Offices in Medellín and Bogotá

Amaris manager Sara Mondragón highlighted Medellín's "innovative and challenging environment" as a key reason to expand into Colombia.
Posted On February 7, 2018
, By Jared Wade
colombia inflation rate peso 50 mil banco de la republica central bank Colombian peso Colombia peso Colombia inflation
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Colombian Inflation Rate Drops to 3.69% in January

For the first time since last September, the inflation rate in Colombia landed within the central bank’s target range.
Posted On February 6, 2018
, By Jared Wade
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Bancolombia, IDB Open More than 30,000 Bank Accounts with $1.7 Million USD Financial Inclusion Project

The program led to more than 30,000 new bank accounts being opened and some 2,000 people receiving education in financial services.
Posted On February 6, 2018
, By Jared Wade
Bogotá Mayor Enrique Peñalosa formally welcomes María Consuelo Araújo as the new head of the capital's Transmilenio bus rapid transit system. (Credit: Alcaldía de Bogotá)
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María Consuelo Araújo Takes Over as Head of TransMilenio Bus Rapid Transit System in Bogotá

Araújo, former Colombian minister of foreign affairs and minister of culture, will assume leadership as TransMilenio prepares to undergo expansion.
Posted On February 6, 2018
, By Jared Wade
An Avianca Airbus A320 Jet
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Avianca to Launch Direct Flight from Lima to Argentine Wine Capital Mendoza on April 1

Travelers can already book reservations on the new route, which will offer 150 seats daily on an A320 aircraft.
Posted On February 5, 2018
, By Jared Wade
Colombia President Election 2018
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Petro, Fajardo Emerge as Favorites in First Colombian Presidential Election Poll of 2018

Former Bogotá mayor Gustavo Petro and former Antioquia governor Sergio Fajardo received support from around 45% of those surveyed.
Posted On February 4, 2018
, By Jared Wade
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Sodexo Partners with ExxonMobil to Bring Wizeo Fleet and Fuel Management System to Colombia

The Wizeo platform gives drivers a payment card that can be used to refuel at more than 750 Mobil and Esso service stations in Colombia.
Posted On February 4, 2018
, By Jared Wade
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Bancolombia Projects Colombian GDP to Grow by 2.5% in 2018

Growth will be driven by higher commodities prices, improved household consumption, and a more balanced performance across various sectors.
Posted On February 4, 2018
, By Jared Wade
UnitedHealth Group Inc. (Photo credit: 2012 Pop Culture Geek)
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UnitedHealth Group Completes $2.8 Billion USD Acquisition of Banmédica

The Banmédica deal also includes Colombian companies Aliansalud, Colmédica, Clinica del Country, Clinica La Colina, and Portoazul.
Posted On February 2, 2018
, By Jared Wade
Ignacio Borja, who served as president and chief executive officer of Allianz Seguros in Colombia for eight years, has been appointed country president of Spain and Portugal for Chubb. (Image credit: PRNewsFoto / Chubb)
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Former Allianz Seguros CEO Ignacio Borja to Join Chubb as Head of Spain, Portugal

Ignacio Borja, who served as president and CEO of Allianz Seguros in Colombia for eight years, has joined Chubb.
Posted On February 1, 2018
, By Jared Wade
Photo credit bruceg1001 - flickr https://www.flickr.com/photos/62697772@N02/8161979478
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Citibank Sells Consumer Operations in Colombia to Scotiabank Subsidiary Colpatria

Citibank operations in Colombian include 500,000 customers, 47 branches, and 424 self-service access points in Colombia.
Posted On February 1, 2018
, By Jared Wade
Colombia Central Bank Projects GDP to Grow by 2.7% in 2018. (Photo credit: kschneider2991 / Pixabay)
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Colombian Central Bank Projects GDP to Grow by 2.7% in 2018

The prediction is slightly below the 3.0% and 2.9% forecasts from the World Bank and IMF, respectively.
Posted On January 31, 2018
, By Jared Wade
(Photo credit: jill111 / Pixabay)
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Despite Ongoing Sense of Uncertainty, Oxford Business Group Expects Progress in Latin America’s Economic Recovery

The group says that 2018 will be “a year that will likely prove decisive for the region."
Posted On January 31, 2018
, By Jared Wade
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Colombian Central Bank Cuts Interest Rate by 25 Basis Points to 4.5%

Banco de la República estimates that GDP grew by just 1.6% in 2017 and maintains “uncertainty over its pace of recovery.”
Posted On January 30, 2018
, By Jared Wade
McLarens Loss Adjusting Claims Management (Credit; edar / Pixabay)
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McLarens Names Susan Froman as Vice President of Business Development for the Americas

McLarens, which provides provides claims management, loss adjusting, surveying, and auditing, has offices in Bogotá, Medellín, and Cali.
Posted On January 30, 2018
, By Jared Wade
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It’s Hard To Find A Professional Camera Bag For Full Frame DSLRs. This Case Rises To The Occasion

I purchased this rooCase, and am quite pleased. It is roomy, well constructed, has plenty of versatile pockets, and has its own little raincoat that folds out to protect it in the weather. The construction is pro quality, and it can be worn with a shoulder strap or holster-style, though at just over 1 pound, it is...
Posted On January 30, 2018
, By Loren Moss
Medellín, known the City of Eternal Spring, offers beautiful Andean mountain landscapes in central Colombia. (Photo credit: Jared Wade)
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Medellín Named Number-One Travel Destination on the Rise in South America by TripAdvisor

Cali, the third largest city in Colombia, ranked ninth among the continent’s on-the-rise destinations.
Posted On January 28, 2018
, By Jared Wade
Colombian President Juan Manuel Santos visits one of the people wounded during the Saturday morning attack in Barranquilla. (Credit: Presidencia de la República / SIG)
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Bombing in Barranquilla Kills Five Police Officers and Injures Dozens Weeks Before Carnaval

Attorney General Néstor Humberto Martínez said that “we have absolute certainty” that the man arrested is responsible for the attack.
Posted On January 28, 2018
, By Jared Wade
Inter-American Development Bank, IDB (Credit: U.S. Department of the Treasury)
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Inter-American Development Bank Launches $3.75 Billion USD Global Bond

This month, the Inter-American Development Bank (IDB) priced a new $3.75 billion USD five-year global bond listed on the London Stock Exchange, the financial institution’s largest dollar-based five-year benchmark to date. According to the regional development bank, which is AAA-rated by Moody’s, the transaction...
Posted On January 27, 2018
, By Jared Wade
Avianca Holdings Boing 787 in Rionegro Fitch Ratings liquidity
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Avianca to Begin Operating Additional Flight Between Bogotá and Armenia on February 4

The flight is being added as a part of the agreement reached last year to end the pilot strike.
Posted On January 27, 2018
, By Jared Wade
bogotá fitch ratings downgrade
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IMF Projects Colombian GDP to Grow by 3.0% in 2018

The IMF projection is in line with the 2.9% prediction issued last week by the World Bank.
Posted On January 26, 2018
, By Jared Wade
Photo: Jose Maria Cordova International Airport in Rionegro, Colombia, which is operated by Grupo Aeroportuario del Sureste, ASUR. (Credit: SajoR)
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Passenger Traffic Fell by 0.9% in 2017 at Six Colombian Airports Operated by ASUR of Mexico

The largest cause of the decline was a prolonged strike this fall by more than half of the Colombian pilots working for Avianca.
Posted On January 26, 2018
, By Jared Wade
colombia inflation rate peso 50 mil banco de la republica central bank Colombian peso Colombia peso Colombia inflation Colombia minimum wage colombian peso
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Colombian Peso Hits Strongest Value Against Dollar Since November 2015 as Greenback Tumbles

The U.S. dollar currency index fell by almost 1% Wednesday afternoon to a 52-week low following market-moving comments by the U.S. treasury secretary.
Posted On January 24, 2018
, By Jared Wade
Chief executive officer (CEO) adjusting his tie and getting ready to work. (Credit: Free-Photos / Pixabay)
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Majority of CEOs Are Now Optimistic About Global Economy but Fewer Are Confident in Their Own Company’s Growth

“With the stock markets booming and GDP predicted to grow in most major markets around the world, it’s no surprise CEOs are so bullish,” said Bob Moritz of PwC.
Posted On January 24, 2018
, By Jared Wade
avianca colombia bogota el dorado rut los angeles
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Avianca Sees Slight 0.1% Passenger Dip in 2017 Amid Pilot Strike in Colombia

Domestic and regional traffic numbers were down but passengers in international markets grew 6.1% over 2016 to reach 12,578,095 flyers.
Posted On January 24, 2018
, By Jared Wade
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Frontera Energy Hit 71,015 Barrels of Oil Equivalent Per Day to Close 2017, Averaged 64,445 Per Day in Fourth Quarter

Frontera Energy plans to drill between 40 to 50 wells in the first quarter of 2018.
Posted On January 22, 2018
, By Jared Wade
Housing construction costs rose by 4.77% in Colombia in 2017. (Credit: Jared Wade)
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Housing Construction Costs Increased by 4.77% in Colombia in 2017

The increase was driven largely by a 5.94% spike in labor costs and 4.38% rise in the cost of materials.
Posted On January 22, 2018
, By Jared Wade
Photo: U.S. Embassy in Bogotá. (Credit: U.S. Department of State)
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U.S. Embassy in Colombia to Continue Providing Essential Services During Shutdown, Including Passport, Visa Issuance

The embassy stated that many regular functions will be affected, but “U.S. citizen services, such as passports, and visa services will continue.”
Posted On January 21, 2018
, By Jared Wade
World Economic Forum brings UpLink initiative for startups to Latin America. (Photo credit: StartupStockPhotos / Pixabay)
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World Economic Forum, International Finance Corporation Bring ‘UpLink’ Startup Accelerator Program to Latin America

The selected startups will get the opportunity to attend the World Economic Forum on Latin America in March in São Paulo.
Posted On January 21, 2018
, By Jared Wade
Alonso Cardona Delgado has been appointed as vice minister of mines and energy, the Ministry of Mines and Energy announced this week. (Credit: Ministry of Mines and Energy)
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Alonso Cardona Delgado Named Colombian Vice Minister of Mines and Energy

Cardona Delgado is a mechanical engineer by trade who served as Colombia’s national energy director from 2012 to 2013.
Posted On January 20, 2018
, By Jared Wade
Bancolombia mobile app (Photo credit: relexahotels / Pixabay)
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Bancolombia Adds Fingerprint Identification to Mobile Wallet App

The goal of introducing fingerprint ID is to make the app both easier to use and more secure for its customers.
Posted On January 18, 2018
, By Jared Wade
gran colombia gold marmato segovia lawsuit
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Gran Colombia Gold Increased Production by 16% in 2017 to 173,821 Ounces of Gold

The growth was aided by a good fourth quarter that saw production rise 26% compared to the fourth quarter of 2016.
Posted On January 17, 2018
, By Jared Wade
One of the displays from Colombiatex in 2016. (Photo credit: Loren Moss)
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30th Edition of Colombiatex Textile and Clothing Conference Comes to Medellín from January 23-25

Organizer Inexmoda expects the 2018 event to draw more than 15,000 buyers and at least 550 exhibitors.
Posted On January 17, 2018
, By Jared Wade
President Juan Manuel Santos gives a speech at Casa de Nariño in Bogotá introducing justices for the Special Jurisdiction for Peace, or JEP. (Credit: Presidencia de la República)
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President Santos Names 30 Justices to Colombia’s ‘Special Jurisdiction for Peace’ War Crimes Tribunal

The judges on the JEP war crimes tribunal will oversee the "transitional justice" component of the peace process.
Posted On January 16, 2018
, By Jared Wade
Crude oil production in Colombia energy and natural resources sector. (Credit: lalabell68 / Pixabay)
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Colombia Produced 854,121 Barrels of Oil Per Day in 2017, a 3.4% Drop from 2016

Despite the year-over-year drop, the actual output did exceed Ministry of Mines and Energy's estimate of 840,000 barrels of oil per day.
Posted On January 16, 2018
, By Jared Wade
colombia bridge collapse chirajara (Photo credit: MinTransporte)
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Bridge Collapse on Bogotá-to-Villavicencio Route Kills at least Nine Workers in Colombia

Three others were wounded by the catastrophic failure of the bridge in Chirajara that spanned a large gorge.
Posted On January 15, 2018
, By Jared Wade
World Bank. (Credit: Ministry of Telecom and Mass Communications of the Russian Federation / Minsvyaz.ru)
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World Bank Projects Colombian GDP to Grow by 2.9% in 2018

Looking further ahead, the World Bank has forecast Colombian GDP to increase by 3.4% in both 2019 and 2020.
Posted On January 15, 2018
, By Jared Wade
Latin America moody's (Credit: Jared Wade)
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Moody’s Projects Stable Outlook for Latin America as Economies Recover

Improving credit conditions and economic growth have led to a stable outlook in 2018 for Latin American and the Caribbean.
Posted On January 14, 2018
, By Jared Wade
coffee colombia auction record expoespeciales export price per pound tolima
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Coffee Prices End 2017 at 21-Month Low, with Colombian Milds Down 1.7%

The ICO estimates production in Colombia to decrease by 4.3%, to 14 million bags, this crop year.
Posted On January 14, 2018
, By Jared Wade
ELN National Liberation Army 375
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ELN Guerrillas Allegedly Kidnap Ecopetrol Contractor in Arauca

The abduction reportedly occurred around 7:30 am on the day that the UN head arrived in Colombia to discuss the nation’s peace process.
Posted On January 14, 2018
, By Jared Wade
Bogotá is the leading destination for Colombia tourism in terms of volume, but the Caribbean walled city of Cartagena remains its crown jewel. (Credit: Jared Wade)
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The New York Times Ranks Colombia Second on Tourism List of 52 Places to Go in 2018

The paper of record highlights the “pulsating capital of Bogotá” now featuring “dozens of luxe hotel chains” and a rising gastronomical scene.
Posted On January 14, 2018
, By Jared Wade
first data bancolombia colombia (Photo credit: Jared Wade)
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Bancolombia Goes Digital to Streamline International Bank Transfer Process

“It is no longer necessary to travel to a physical branch of Bancolombia to send or receive an international transfer,” said the firm.
Posted On January 11, 2018
, By Jared Wade
Multiple attacks on the Caño Limón-Coveñas pipeline attributed to ELN have jeopardized the future of Colombia's peace talks with the guerrilla faction. (Credit: Ecopetrol)
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Peace Talks with ELN at Risk After Multiple Attacks on Oil Pipeline in Colombia

President Santos recalled the nation's peace negotiator from Ecuador and told the military to "act with force and respond to this ELN aggression."
Posted On January 10, 2018
, By Jared Wade
passport courtesy kpgolfpro - pixabay
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With Visa-Free Access to 112 Countries, Colombia Has the 46th Most Powerful Passport in the World

Despite ongoing improvement, Colombian passport holders continue to have less access than most other Latin American nations.
Posted On January 10, 2018
, By Jared Wade
The Tropical Forest Alliance 2020 is looking to stop deforestation in parts of the Amazon, such as this swatch of jungle in the department of Vaupés near Mitú. (Credit: Jared Wade)
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Colombia Strengthens Commitment to Fight Amazon Deforestation in Partnership with WEF Tropical Forest Alliance 2020

Colombia has joined the World Economic Forum alliance to protect the Amazon from deforestation.
Posted On January 8, 2018
, By Jared Wade
Colombian Inflation 2017: Rate Closes at 4.09%, Slight Above Central Bank Target Range (Credit: DANE)
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Colombian Inflation 2017: Rate Closes Year at 4.09%, Slightly Above Central Bank Target Range

Food costs, which spiked by 7.22% in 2016, saw the lowest increase this year among major economic cateogories with just a small rise of 1.92% in 2017.
Posted On January 8, 2018
, By Jared Wade
GFC Media, Energy & Infrastructure Finance Andes (Credit: GFC Media)
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FDN President to Discuss 4G Projects and Odebrecht Legacy at Energy & Infrastructure Finance Andes Conference in Bogotá on March 1

Clemente del Valle of FDN will offer his outlook for Colombia’s 4G infrastructure projects and detail the governmental strategy to attract further investment.
Posted On January 7, 2018
, By Editorial Staff
Enjoying some fresh-roasted Colombian coffee at a farm near Salento, one of the country's top tourism destinations. (Credit: Jared Wade)
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Colombia to Invest Around $20 Million USD on Tourism Infrastructure Projects in 2018

Though the 57 billion pesos allotted for 2018 are substantially below the 161 billion pesos invested last year, Colombia's commerce ministry stressed that the investment is critical.
Posted On January 6, 2018
, By Jared Wade
VivaColombia Colombia airplane el dorado airport (Photo credit: Viva Air)
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Declan Ryan Replaces VivaColombia Founder William Shaw as President of Viva Air

Ryan takes over the president role from VivaColombia founder William Shaw as the carrier continues its major expansion plans.
Posted On January 5, 2018
, By Jared Wade
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