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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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kodak alaris florangel alvarez
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Q&A: Kodak Alaris Is Evangelizing Digital Document Management in Colombia

Florangel Alvarez says Colombian firms can stand out by using digital solutions to improve efficiency. And this, in turn, creates a "pretty good opportunity for companies like Kodak Alaris."
Posted On July 6, 2016
, By Loren Moss
inselair
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Caribbean Carrier InselAir Makes Upgrades to Its Barranquilla-to-Curacao Route

InselAir is changing the schedule and aircraft of its Barranquilla route, a move that the company says will cut travel time to 80 minutes.
Posted On July 6, 2016
, By Jared Wade
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Gran Tierra Energy Buys PetroLatina Energy for $525 Million USD

This is Gran Tierra's third big play in Colombia already this year after the Calgary-based firm acquired Petroamerica Oil and PetroGrenada in January.
Posted On July 5, 2016
, By Jared Wade
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New Colombia Resources to Develop $200 Million USD Coal Mine in Cundinamarca

The 2,900-acre project seeks to uncover "blue gem" coal and will be developed jointly with a construction company in China and other firms.
Posted On July 5, 2016
, By Jared Wade
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Colombia Puts New 20,000 Peso Bills with Enhanced Security Features into Circulation

Colombia officially begun circulating its redesigned 20,000 peso bill today as the first in a series of redesigned notes that will help prevent counterfeiting. The multi-colored bill is largely orange and includes the likeness of former President Alfonso López Michelsen, who served from 1974-1978. Its most notable...
Posted On July 1, 2016
, By Jared Wade
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Exploration-Stage Mining Company Continental Gold Is Optimistic About Moving into Project Financing Stage

"We look forward to completing environmental permitting later this year and commencing project financing and development shortly thereafter,” says CEO Ari Sussman.
Posted On July 1, 2016
, By Jared Wade
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World Bank Ranks Colombia 94th Among All Countries in Trade Logistics

"There is no trade without logistics, and poor logistics often means poor trade," writes Anabel González of the World Bank.
Posted On June 30, 2016
, By Jared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Takes Full Control of Colombia’s Largest Oil Field from Pacific Exploration

The expiration of a contract between Pacific Exploration and Ecopetrol cedes the Canadian firm's 43% stake in the vast Campo Rubiales field to the state-run oil company.
Posted On June 30, 2016
, By Jared Wade
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Inter-American Development Bank Approves $400 Million USD Loan for Colombia

The loan, which has a 20-year term and an LIBOR-based interest rate, is specifically marked to help encourage private investments.
Posted On June 29, 2016
, By Jared Wade
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Bancolombia and BlackRock Create New High-Conviction Investment Fund

The new fund targets high-risk investors looking to generate returns over the long term through greater exposure to global stock markets.
Posted On June 29, 2016
, By Jared Wade
Bogota Colombia
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Bogotá Is Among the Cheapest Cities in the World for Expat Workers

The Colombian capital ranks 190th out of 209 cities analyzed in a new study by Mercer — representing a drop of 42 spots from its 2015 edition.
Posted On June 28, 2016
, By Jared Wade
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Colombia to Give Tax Breaks for Infrastructure, Social Projects After Peace Deal Is Signed

Rafael Pardo says the government wants to speed up private-sector investment in schools, health centers, roads, water infrastructure, and sanitation projects.
Posted On June 28, 2016
, By Jared Wade
Unilever House London Ignacio Hojas
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Unilever Considering a New Factory in Colombia, a Market It Calls One of the Best Opportunities in Latin America

High taxes and import costs mean Colombia is not certain to get Unilever's new plant, but the firm wants to invest more in this market with "lagging consumption."
Posted On June 27, 2016
, By Jared Wade
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Open, Inclusive Growth Is the Path Forward for Colombia’s Economy, Says President Santos

“Parts of Colombia haven’t grown at all for years because of the conflict and the absence of the state," said President Juan Manuel Santos.
Posted On June 25, 2016
, By Jared Wade
Colombian President Juan Manuel Santos celebrates the beginnings of peace with FARC commander Rodrigo Londoño Echeverri, aka, Timochenko. (Credit: Presidencia de la República / Juan David Tena. SIG)
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Dual Shocks of Peace and Brexit Shake Up Colombia’s Economic Future

Two historic events in less than 24 hours — a ceasefire with FARC and the United Kingdom's Brexit — may each reverberate throughout the Colombian economy for years to come.
Posted On June 24, 2016
, By Jared Wade
meditech
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Bogotá to Host International Healthcare Technology Conference Meditech 2016

More than 70 international exhibitors will gather discuss all aspects of the health industry, including dentistry, while placing an extended focus on the tech aspects of care.
Posted On June 24, 2016
, By Jared Wade
mauricio cardenas colombia finance minister tax reform ecopetrol
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Colombia Raises Benchmark Interest Rate for 10th Straight Month to Fight Inflation

To fight the highest inflation Colombia has seen in 15 years, the nation's central bank raised its benchmark interest rate, up 25 basis points to 7.5%, for the tenth consecutive month.
Posted On June 23, 2016
, By Jared Wade
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Colombian Delegates to Compete at Prestigious Global Entrepreneurship Summit in Silicon Valley

At least 11 Colombian delegates will join tech entrepreneurs across the world this week at the prestigious Global Entrepreneurship Summit in Silicon Valley. The three-day Palo Alto event, which is in its seventh year after launching in Washington, D.C., in 2010, gathers more than 700 technology professionals,...
Posted On June 22, 2016
, By Jared Wade
copa airlines avianca colombia venezuela
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Copa Airlines Renews Alliance, Codeshare Agreement with United Airlines

Copa has renewed its codeshare agreement and general alliance with United for five years.
Posted On June 21, 2016
, By Jared Wade
education colombia gina parody
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Peruvian Construction Firm Graña y Montero Wins $135 million USD Bid to Build Schools for 14 Cities in Colombia

Graña y Montero will add 3,000 classrooms to 14 cities in the country over three years as a part of the government's push for more investment in education.
Posted On June 21, 2016
, By Jared Wade
Colombia's President Juan Manuel Santos odebrecht
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President Santos Sets July 20 Deadline for Peace, Warns of Tax Increase if Colombia Cannot Reach Deal with FARC

"If the war continues we'll have to raise taxes to finance it," said Colombian President Juan Manuel Santos.
Posted On June 20, 2016
, By Jared Wade
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International Money Transfer Service Sharemoney Expands to Colombia After Remittances Surge

More than $4.6 billion USD in remittances entered Colombia last year — a 13.3% spike over 2014 and the second largest increase in Latin America.
Posted On June 20, 2016
, By Jared Wade
colombia airport el dorado
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The 10 Largest Airports in Colombia See Big Jump in Passenger Traffic

Flight traffic is up almost across the board at Colombia's 10 largest airports compared to 2015, and there has been a huge spike among travelers heading to the Caribbean.
Posted On June 18, 2016
, By Jared Wade
juan manuel santos
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President Santos: Colombia Could Return to War if People Vote Against Peace Deal

"We will go back to the state of war” if the peace deal doesn't pass the popular vote, said Santos during the first day of a World Economic Forum event in Medellín.
Posted On June 17, 2016
, By Jared Wade
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The Inter-American Development Bank Is Holding a Contest for Water, Sanitation, and Health Startups

An open call for proposals is underway until July 5, and the best of the best will be selected to head to Buenos Aires in November to compete for various rewards.
Posted On June 17, 2016
, By Jared Wade
colombia bitcoin
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Colombia’s First Bitcoin Exchange Is Now Live in Testnest Form

Colbitex launched in this beta form, using valueless currency, on June 3 and plans to go live officially in July.
Posted On June 16, 2016
, By Jared Wade
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Inflation Hits 15-Year High of 8.2% in Colombia

The highest inflation level since 2001 is "testing Colombia's commitment to preserving the credibility of its inflation targeting regime," says Fitch.
Posted On June 15, 2016
, By Jared Wade
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Israeli Construction Company Shikun & Binui Closes on $640 Million USD Road Project in Colombia

Israeli construction company Shikun & Binui Ltd. recently closed on a $640 million USD infrastructure project in Colombia to build a nearly 100-mile-long toll road near the nation’s capital of Bogotá. The large sum includes all the costs related to financing, construction, rehabilitation, operation, and...
Posted On June 15, 2016
, By Jared Wade
international monetary fund colombia IMF growth forecast
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IMF Approves $11.5 Billion USD Line of Credit for Colombia

The Colombian government has no plans to draw on the credit line but wanted an increase from the previous $5.4 billion USD available as a precautionary measure.
Posted On June 13, 2016
, By Jared Wade
air europa
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Air Europa to Begin Madrid-to-Bogotá Route on June 28

The 5,000-mile flight will depart Bogotá each day at 8 pm on a brand new Boeing 787s with 22 business class seats.
Posted On June 13, 2016
, By Jared Wade
colombia mergers Jaime Trujillo Baker McKenzie
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Colombia Mergers and Acquisitions Valued at $5.6 Billion USD over the Past Five Quarters

Baker & McKenzie's "Cross Border M&A Index" highlighted Colombia's adoption of free-market policies as a factor in its ability to attract more M&A interest.
Posted On June 12, 2016
, By Jared Wade
world competitiveness IMD Business School's campus
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Colombia’s Economy Remains Uncompetitive Globally but Is Outpacing Most of Its Latin American Peers

For the third year running, Colombia placed 51st out of 61 countries analyzed in IMD business school's World Competitiveness Ranking.
Posted On June 10, 2016
, By Jared Wade
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Interview: New Ruta N Chief Alejandro Franco Unveils His Ambitious Goal of Creating 9,000 Jobs

Colombia's most successful startup accelerator has set ambitious goals for growth as it strives to transform Medellín into a knowledge economy.
Posted On June 9, 2016
, By Loren Moss
colombia
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Report Ranks Colombia as 37th Best Nation Contributing to Global Prosperity and Equality

Colombia's ranking is hurt the most by its poor score on free trade, which measures "open trading performance compared to best practices."
Posted On June 8, 2016
, By Jared Wade
Grupo Sura Barranquilla
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Mexican Regulator Approves Grupo Sura’s Purchase of Local RSA Subsidiary

Mexico's insurance regulator has approved Grupo Sura's 2015 purchase of the local arm of RSA Insurance Group.
Posted On June 8, 2016
, By Jared Wade
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American Express Aiming for 20% Market Share of Credit Card Business in Colombia

AmEx says it now has a 10% participation in the market and is looking to double this percentage quickly.
Posted On June 7, 2016
, By Loren Moss
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Homebuilding Still Booming in Colombia with Support from Government Incentives

The sector has grown 6.3% on average each quarter for the past five years and that this trend will continue in the short term.
Posted On June 7, 2016
, By Jared Wade
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Colombia’s Export Volume Is Still Contracting at a High Rate

Due to its reliance on oil exports, Colombia continues to show one of the largest export contractions in all of Latin America.
Posted On June 6, 2016
, By Jared Wade
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Tecnoglass Back in NASDAQ Compliance After Filing Annual and Quarterly Reports

Tecnoglass submitted its 2015 annual report, 2016 first quarter earnings report, and amended statements for all reports dating back to 2013.
Posted On June 6, 2016
, By Jared Wade
Banco Central de Chile
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Let Latin American Cities & Localities Manage Their Own Taxes, Says IDB Report

Giving state and city governments in Latin America more autonomy to manage their own sources of tax revenue could promote greater local development and efficiency, according to a new study by the Inter-American Development Bank (IDB). The study, Decentralizing Revenue in Latin America: Why and How, shows that...
Posted On May 23, 2016
, By Loren Moss
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Interview: UruIT’s Marcelo Martinez Explains Why Uruguay’s Top IT Firm Picked Medellín, Colombia, to Anchor Its Global Expansion

"There’s an ecosystem of technology companies here, and that goes to show that there must be talent" says Marcelo Martinez of UruIT.
Posted On May 10, 2016
, By Loren Moss
EIG Global Energy Partners’ CEO and Harbour Energy’s co-chairman R. Blair Thomas
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EIG Seeks to Disrupt Catalyst Deal, Submits Binding Offer to Buy Pacific Energy

“EIG’s binding proposal is undeniably superior and is clearly in the best interests of creditors, the company, and its other stakeholders," said EIG CEO Blair Thomas.
Posted On May 10, 2016
, By Loren Moss
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Post Brookfield Acquisition, Isagen’s IDRs Credit Outlook Revised to Positive: Fitch

CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed Isagen S.A. ESP’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB-‘, while revising the Rating Outlook Positive from Stable. Fitch has also affirmed Isagen’s long-term National Scale rating as well as...
Posted On May 9, 2016
, By Loren Moss
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Caribbean Investment Summit Seeks To Attract Foreign Direct Investment, Boost Exports

The Inter-American Development Bank (IDB), the Caribbean Association of Investment Promotion Agencies (CAIPA), and the Caribbean Export Development Agency (CEDA) are organizing the Caribbean Investment Summit 2016 to increase foreign direct investment (FDI) by helping investors locate to the Caribbean in order to...
Posted On May 9, 2016
, By Loren Moss
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South Korea Seeks Knowledge Exchange With Latin America & Caribbean On Housing & Urban Development

The Inter-American Development Bank (IDB), in collaboration with the Korea Research Institute for Human Settlements (KRIHS), is launching a call for research proposals by individual researchers and scholars in Latin America and Caribbean (LAC) countries. The deadline to submit proposals is May 29, 2016. The...
Posted On May 9, 2016
, By Loren Moss
Avianca Chairman Germán Efromovich (left) and new President Hernán Rincón Kingsland Holdings Roberto Kriete
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Hernán Rincón Named New President of Avianca

German Efromovich, President of the Board of Directors for Avianca Holdings S.A. and the Board of Directors for Aerovías del Continente Americano S.A. Avianca, has introduced Hernan Rincón Lema as the new Executive President of the holding company that groups several airlines and air services companies in Latin...
Posted On April 25, 2016
, By Loren Moss
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Colombia’s Darien Border Region Gets Airport Upgrades, Hopes For Tourism Boost

Hoping to strengthen tourism in the Darien region on the far west of Colombia’s Caribbean coast, bordering Panamá, over the past nine months, Aeronáutica Civil has invested $2.7 billion pesos in improvements to Capurganá’s Narcisa Navas Airport. Located just a few miles from Colombia’s border with Panamá, Narcisa...
Posted On April 25, 2016
, By Loren Moss
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Colombians’ Travel To Europe Up 31.5% Since Schengen Visa-Free Travel Implemented

According to Colombia’s Asociación Colombiana de Agencias de Viajes y Turismo (ANATO-for “Colombian Association of Travel  & Tourism Agencies” in Spanish), departures of Colombians for the 26 European Union (EU) Schengen zone countries have grown by 31.5% since the visa requirement was removed last December....
Posted On April 25, 2016
, By Loren Moss
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IDB Releases Updated Latin America and Caribbean Trade Information Tool

The Inter-American Development Bank's INTrade offers a user-friendly interface to help sift through all the stats in the system.
Posted On April 25, 2016
, By Loren Moss
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Multiple Factors Pressuring Colombia’s SOAT Mandatory Auto Liability Insurance Market, Says Fitch

The sustainability and profitability of compulsory auto liability auto insurance (SOAT) in Colombia will depend on the insurance industry’s effectiveness at stopping the upward trend in claims, which is being driven by technical fraud, the increased share of motorcycles in the overall public motor fleet,...
Posted On April 25, 2016
, By Loren Moss
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Colombia’s Banco Popular Migrates To EMC2 VMAX 100K Platform Supported By Unisys

Unisys Corporation (NYSE: UIS) announced last week that it has received a five-year contract from Colombian financial institution Banco Popular, to provide high-end storage solution and associated services to support the bank’s critical business operations.  Under the contract, Unisys will provide...
Posted On April 11, 2016
, By Loren Moss
Laura Lafayette is the Latin America Human Resources Director for Unisys
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Unisys Names Laura Lafayette As New LatAm Human Resources Director

Unisys corporation (NYSE: UIS) has promoted Brasil human resources director Laura Lafayette to head human resources operations for all of Latin America, covering 10 countries and 3,800 employees serving roughly 300 customers. Since 2014 Lafayette headed human capital management functions in Brasil, and now will...
Posted On April 10, 2016
, By Loren Moss
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Exclusive Interview: How Rosario, Colombia’s Oldest University Keeps Making An Impact 350 Years After Its Founding

Colombia’s oldest university, Universidad del Rosario produces many of the country’s political, business and legal leaders. Still, the university continues to innovate and take an active role in Colombia’s social inclusion efforts, such as participating in the government’s “Ser Pilo Paga” scholarship program,...
Posted On April 3, 2016
, By Loren Moss
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Level 3 Activates New Pacific Subsea Fiber Optic Cable Route Landing Into Buenaventura, Colombia

Level 3 Communications, Inc. (NYSE: LVLT) has announced the activation of a new subsea cable landing station giving Colombia a Pacific Ocean route to connect to its international network. The new landing station enhances Colombia’s options for redundancy and removes sole reliance on traditional connectivity via...
Posted On April 3, 2016
, By Loren Moss
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Bonds, Loans & Derivatives Andes 2016 Adds To String Of Successful Debt Forums

The 5th edition of Bonds, Loans & Derivatives Andes 2016 was a massive success seeing over 380 senior level decision makers attending this ‘by invitation only’ event on the 23rd – 24th of February 2016 at The JW Marriott, Bogota. During the 2 days, senior level executives shared their experiences and learned...
Posted On March 31, 2016
, By Loren Moss
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Metrotel Installs Switchray Softswitch To Provision Telephony In Barranquilla

Telecommunications software provider SwitchRay,  and Smart Network Solutions, a systems integrator and VAR distributor, announced today the successful completion of a system integration with Metropolitana de Telecomunicaciones S.A E.S.P (Metrotel), a rapidly growing telecommunications carriers in Colombia. With...
Posted On March 31, 2016
, By Loren Moss
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Tecnoglass Reports Record Fourth Quarter and Full Year 2015 Results

BARRANQUILLA, Colombia–(BUSINESS WIRE)– Tecnoglass, Inc. (NASDAQ:TGLS BVC:TGLSC) the Colombian manufacturer of architectural glass, windows, and associated aluminum products for the global residential and commercial construction industries, yesterday announced financial results for the fourth quarter...
Posted On March 31, 2016
, By Loren Moss
avianca colombia bogota
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Avianca Names Hernán Rincón New CEO

German Efromovich, Chairman of the Board of Directors of Avianca Holdings S.A. and Aerovias del Continente Americano S.A. has announced the appointment of Hernán Rincón (pictured above) as the new Chief Executive Officer of Avianca Holdings S.A. and Avianca S.A Mr. Rincón, was most recently CEO for Microsoft Latin...
Posted On March 31, 2016
, By Loren Moss
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Sura Asset Management’s Credit Profile Strong Enough To Warrant One Of The Highest Ratings In Colombia, Says Fitch

Fitch Ratings has affirmed SURA Asset Management’s long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB+’ and the rating outlook is stable. Fitch has also affirmed the rating for Sura Asset Management Finance BV’s guaranteed bonds at ‘BBB+’. Sura Asset...
Posted On March 28, 2016
, By Loren Moss
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Accenture Implements Insurance IT System for Zurich Insurance’s Colombia Launch

Switzerland & Colombia–(via Business Wire)–Accenture (NYSE:ACN) recently completed building and implementing a new core insurance information technology system for Zurich Insurance Group (ZURN, OTCQX: ZURVY), marking the insurer’s entrance into the property and casualty (P&C) business in...
Posted On March 28, 2016
, By Loren Moss
Colombian Guided Missile Frigate Caldas
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ICJ Rules Against Colombia in Territorial Fight with Nicaragua; President Santos Says Colombia Will Defend Territory ‘Until Death’

“Colombians can be sure that, all united, we are going to continue defending to the last centimeter our territory," said Colombian President Juan Manuel Santos.
Posted On March 21, 2016
, By Loren Moss
Big thing inside of Guatapé
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EPM Begins Multimillion Dollar Emergency Repairs on Guatapé Hydroelectric Dam After Parts Arrive From Mexico; EBITDA Hit Estimated At $35 Million USD

The third shipment of electrical cables has arrived from Mexico aboard a Ukraine-flagged, Russian-built specialized transport aircraft to make emergency repairs to EPM’s Guatapé hydroelectric generation facility after an accidental fire on February 15 in an access tunnel took the power generation facility, located...
Posted On March 21, 2016
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass To Hold Conference Call On 2015 Yearly & Q4 Results

Barranquilla based Tecnoglass, Inc. (NASDAQ:TGLS, BVC:TGLSC), the manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries headed by brothers Jose Daes & Christian Daes, announced today that it will release financial...
Posted On March 21, 2016
, By Loren Moss
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Caribbean Resources (Pacific Coal) To Delist & Stop Reporting; Cites Hard Times

Caribbean Resources Corporation (TSXV:CRC), formerly known as Pacific Coal, has announced that is has mailed and filed meeting materials with respect to the upcoming special meeting of common shareholders to be held at 11:00 am on Thursday, March 31, 2016 in Toronto. Shareholders will be asked to vote on a special...
Posted On March 14, 2016
, By Loren Moss
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Lawsuit Accusing Dole Food Co. Of Financing Paramilitaries Thrown Out Of Court, Plaintiffs & Their Lawyers Sanctioned

Dole Food Company, Inc. today announced that the Los Angeles Superior Court dismissed with prejudice the case Perez v. Dole Food Company, Inc. The lawsuit, which was filed in 2009, had been brought by 167 Colombian plaintiffs claiming that Dole had funded the Autodefensas Unidas de Colombia (AUC) paramilitaries...
Posted On March 9, 2016
, By Loren Moss
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Trinidad & Tobago Breaks Through Into Top Tier Of Global Services Destinations

The global landscape for service delivery, whether Business Process Outsourcing (BPO) or in-house shared services is never static. Global executives in the process of short-listing locations are unwise to simply return to the default choices of a decade ago. Things change. There is no better proof of this than the...
Posted On March 9, 2016
, By Loren Moss
Photo courtesy Pixabay
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Inter-American Development Bank & Bancoldex To Fund Colombian Rural Renewable Electricity

The Inter-American Development Bank (IDB), through the Banca Nacional de Desarrollo, has announced the approval of a loan for $9.3 million to promote private investment in the generation of renewable energy in areas of Colombia that are isolated or not interconnected to the national electricity grid. About 60...
Posted On February 29, 2016
, By Loren Moss
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Digital Marketing Agency Demand Frontier Stakes Claim In Medellín, Sees Rapid Growth

Demand Frontier is a digital marketing agency founded in Texas, with a rapidly growing outpost in Medellín. The business-to-business firm services Fortune-500 companies from both locations, but sees Colombia as key to its plans for growth. Finance Colombia executive editor Loren Moss had a chance to speak with...
Posted On February 28, 2016
, By Loren Moss
Bogotá - Villavicencio © Loren Moss
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Sura Asset management & Credicorp Capital Lauch Investment Vehicle To Fund Colombia’s 4G Highway Infrastructure Program

Medellín based SURA Asset Management and Peru’s Credicorp Capital  have announced a strategic alliance creating a new fund in order to invest  $1.3 billion COP (approximately $400 million USD) in Colombia’s “fourth generation” (4G) roadway infrastructure projects. The professional manager of the newly created fund...
Posted On February 28, 2016
, By Loren Moss
Photo © Loren Moss
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Everest Group Says Colombia Is A Rising BPO Destination, But Needs To Promote Itself Better: Exclusive Interview

The Global analyst firm Everest Group has released a comprehensive, 165 page report (available here) covering global service delivery locations, and the report cites Colombia as a nascent location in the global services market. While the country still has only a small share of the IT services market, for example,...
Posted On February 28, 2016
, By Loren Moss
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OECD: Colombia’s Health Care Is Universal In Coverage, But Serious Accessibility, Parity & Efficacy Challenges Remain

According to an OECD report, Colombia has significantly improved its health system over the past 20 years, leading to a rise in life expectancy and a fall in infant mortality. Infant mortality has fallen from 40 deaths per 1 000 live births in 1970 to 12.8 and life expectancy at birth reached 75.2 years in 2013....
Posted On February 28, 2016
, By Loren Moss
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IMF Head Christine Lagarde Praises Colombia’s Fiscal, Monetary Policy

During an interview earlier this month, International Monetary Fund (IMF) head Christine Lagarde was queried by IMF communications director about how various emerging economies were handling the current slump in commodities prices, especially petroleum. Lagarde singled out Colombia as navigating the turbulence in...
Posted On February 28, 2016
, By Loren Moss
Ecopetrol Reficar Coking
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Ecopetrol Launches $478 Million USD Austerity Plan To Weather Low Oil Prices

Given the challenging petroleum price environment observed since the beginning of 2016, Ecopetrol S.A. (BVC:ECOPETROL; NYSE:EC; TSX:ECP) has announced that it will seek to save an additional $1.6 trillion COP ($478.736 million USD) through 2016. This comes after the company announced that during 2015 the state...
Posted On February 28, 2016
, By Loren Moss
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Brasil’s Stefanini Buys Paipa, Boyaca Based ERP Integrator Sysman

São Paulo based Stefanini, a $1B global provider of IT outsourcing, applications management and consulting, and strategic staffing services, has announced that it has acquired Paipa, Boyacá based Government ERP provider Sysman SAS, which will change its name to Stefanini Sysman going forward. In Colombia, Sysman...
Posted On February 28, 2016
, By Loren Moss
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TransUnion Buys CIFIN: Colombian Credit Bureau

US based credit reporting agency TransUnion (NYSE: TRU) has acquired a 71% ownership interest in Central de Informacion Financiera (CIFIN), one of two primary Colombian credit bureaus; the other being DataCrédito, already owned by TransUnion competitor Experian. In addition to its US operations, TransUnion...
Posted On February 28, 2016
, By Loren Moss
Bogotá headquarters of Banco de la República (Banrepublica). Photo credit Juan Enrique Rodríguez, courtesy Banrepublica
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Colombia’s Central Bank Raises Interest Rate 25 Basis Points In Gambit Against Inflation

Colombia’s central bank moved to tighten Colombia’s money supply yesterday, by raising the benchmark interest rate a quarter of a percentage point to 6.25%. Colombia is facing inflationary pressures due to the precipitous fall of its Colombian peso against the US dollar, falling over 30% in 2015. Even though...
Posted On February 20, 2016
, By Loren Moss
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Epson’s Colombia Head Discusses Textiles Entrepreneurship with Finance Colombia

Epson launched its SureColor F9200 dye sublimation printers at Colombiatex, Colombia’s textile industry trade show this year. The SureColor line of dye sublimation printers allow designers and producers to print intricate, full color designs either directly on fabric, or on papers transferrable to fabric, for use...
Posted On February 19, 2016
, 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
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Ecopetrol Appoints Adolfo Tomas Hernández As Vice President of Refining & Industrial Processes

Ecopetrol (BVC:ECOPETROL; NYSE:EC; TSX:ECP) has announced that effective February 15, chemical engineer Adolfo Tomás Hernández Núñez has been appointed the new vice president of refining and industrial processes for the Colombian-government controlled petroleum company. Hernandez has worked for 37 years in the oil...
Posted On February 19, 2016
, By Loren Moss
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Colombia’s Regulatory Authority Orders Cooper Gay To Suspend Operations In Colombia

Superfinanciera, Colombia’s Financial Superintendence that oversees banking and insurance operations, has issued Resolucion 0130 de 2016, a cease and desist order against Cooper Gay Ecuador C.A. Intermediario de Reaseguros, demanding that they suspend all reinsurance intermediation within Colombia. The...
Posted On February 19, 2016
, By Loren Moss
Photo credit bruceg1001 - flickr https://www.flickr.com/photos/62697772@N02/8161979478
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Citibank To Exit Colombia, Brasil, Argentina Consumer Banking & Credit Card Operations: Region had “No Material Effect On Citi Net Income”

New York – Citi (NYSE:C) today announced its intention to exit from consumer banking operations in Brasil, Argentina and Colombia. The businesses, which include retail banking and credit card operations, will initially be transferred from Citicorp into Citi Holdings and will report financial results as part of...
Posted On February 19, 2016
, By Loren Moss
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Proyecto Vida Silvestre Releases 20 Critically Endangered Orinoco Crocodiles Into Tuparro National Park

20 Orinoco Crocodiles (Crocodylus Intermedius) were reintroduced into their natural habitat this month, in the Tuparro National Park, the same environment that received 21 crocodiles in May of last year. Orinoco Crocodiles (Caimán Llanero in Spanish) are a critically endangered species with very few remaining in...
Posted On February 19, 2016
, By Loren Moss
From left: André Almeída, Unisys commercial industry leader; Antonio José Pérez, Director of services and IT infrastructure for EPM, and Juan Villegas, Unisys client executive for Central Latin America, South, and Andes. Photo courtesy of Unisys.
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EPM Wins Global Award for IT Excellence

Empresas Publicas de Medellin (EPM), the municipally owned multinational utility company based in Medellín, Antioquia was announced the winner of the Lighthouse Innovation Awards 2015 prize, for setting itself apart as a visionary and leader in applying modern technologies to resolve its IT challenges. Above...
Posted On February 19, 2016
, By Loren Moss
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Breaking News: Ecopetrol to Delist From The Toronto Stock Exchange

Ecopetrol’s  (BVC:ECOPETROL NYSE:EC TSX:ECP) board of directors has decided to delist the Ecopetrol ADRs (Depositary Receipts) from the Toronto Stock Exchange, pursuant to section 720 of the TSX Companies’ Manual. The decision was based, according to a statement put out this evening by Ecopetrol, due to the low...
Posted On February 17, 2016
, By Loren Moss
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Software Developer Rainbow Tree, Conceived in Chicago, Chooses Medellin’s Ruta-N As Home Base

Rainbow Tree is a software company dedicated to providing early childhood education software that engages young learners, and can be utilized in a scholastic or home environment. Conceived in the US, Rainbow Tree’s founders decided to stake their claim in Medellin’s Ruta-N; a business incubator and entrepreneurial...
Posted On February 16, 2016
, By Loren Moss
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Sheraton Hotel, Habitel, Groove Studios Found Guilty, Fined For Blocking Mobile Phone Signals Of Visitors

Colombia’s Agencia Nacional del Espectro (National Spectrum Agency) and MINTIC (Ministry of Information and Communication Technology) have imposed fines on three hotels operating in Bogotá for unlawfully using electronic devices to jam mobile phone signals within their premises.  The hotels found culpable are the...
Posted On February 16, 2016
, By Loren Moss
Photo of Chubb’s Sunbury Cross, UK offices copyright David Howard and licensed for reuse under this Creative Commons License.
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After ACE & Chubb Insurance Merger, Moodys Rates Colombian Subsidiary A3 Global / Aaa.co National

Moody’s Investors Service has affirmed the insurance financial strengths (IFS) ratings of Chubb de Colombia Compañía de Seguros S.A. after the completion of the ACE and Chubb merger by Switzerland-based Chubb Limited (NYSE: CB, formerly named ACE Limited). The merger created the largest publicly traded...
Posted On February 16, 2016
, By Loren Moss
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Bogotá Design Festival Returns March 1-5

Various locations throughout the north side of Bogotá will host events that together make up the second annual Bogotá Design Festival, to take place from March 1-5.  The free event seeks to connect citizens and visitors of Colombia with design and innovation, also to contribute to the cultural, creative, and...
Posted On February 15, 2016
, By Loren Moss
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Ecopetrol Wins Third Accenture Innovation Award For Its EcoDiDesh Crude Oil Dehydration Technology

Ecopetrol (BVC:ECOPETROL, NYSE:EC, TSX:ECP) has won, for the third time, the Accenture Innovation Prize for its EcoDiDesh technology for removing moisture from heavy crude oil products in a more efficient manner than traditional methods. Launched in 2012, this award represents Accenture’s third competition, and is...
Posted On February 15, 2016
, By Loren Moss
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Inter-American Development Bank Offering Grants in Latin America & Caribbean To Promote ‘Regional Public Goods’

The Inter-American Development Bank (IDB) launched the 2016 Call for Proposals of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC), which supports projects aimed at resolving shared challenges and seizing opportunities for development through regional cooperation....
Posted On February 15, 2016
, By Loren Moss
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Presidents Obama, Santos Mark 15 Years of Bilateral Plan Colombia; Discuss Peace Process, Combating Crime, Zika Virus

Last week, Colombian President Juan Manuel Santos visited US President Barack Obama in the White House to discuss ongoing issues, and commemorate 15 years of US diplomatic, military, and social aid to Colombia via the package known as Plan Colombia. Colombia and Chile are the United States’ most consistent allies...
Posted On February 15, 2016
, By Loren Moss
Valentine's day is an important date for Colombian exports (graphic courtesy ProColombia)
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2016 Sees Records Broken For Valentine’s Day Flower Shipments From Colombia To US, Europe, Asia

2016 marked another record year for bilateral trade between Colombia and the US in the area of flower exports. Over half a billion flowers were shipped to North America from Colombia for the Valentine’s day holiday, last Sunday. According to ProColombia, Colombia’s export promotion agency, in 2015, Colombia...
Posted On February 15, 2016
, By Loren Moss
EIG Global Energy Partners’ CEO and Harbour Energy’s co-chairman R. Blair Thomas
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Harbour / EIG continues pursuing Pacific Exploration & Production, Reduces Tender Offer For Debt To 16% Of Face Value

While initially offering $175 per $1,000 face value of delinquent Pacific Exploration & Production (TSX: PRE) (BVC: PREC) notes due between 2019 and 2015, Harbour Energy subsidiary EIG Pacific Holdings has revised downward its offer to $160 per $1,000 face value, and amended other important terms of its tender...
Posted On February 11, 2016
, By Loren Moss
Corferias hosts many events such as ExpoVino 2015 pictured here (photo credit: Loren Moss)
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ProColombia Hosting Macrorrueda 60: International Business Matchmaking Forum At Corferias In March

Macrorrueda 60, the Colombian Business Matchmaking Forum, sponsored by ProColombia will take place March 17-18, 2016 at the Corferias conference center in Bogotá. The event aims to introduce 2,000 Colombian suppliers with more than 1000 international buyers. During this 2-day event, buyers are presented with a...
Posted On February 11, 2016
, By Loren Moss
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Pacific Exploration Gets Another Extension On Liquidity Deadline To February 26, Still In Arrears

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that the Toronto based petroleum company’s lenders have agreed to extend the liquidity deadline to 11:59 pm EST on February 26, 2016, which is the end of the existing waiver period. The waivers obtained by the company provide relief...
Posted On February 5, 2016
, By Loren Moss
The Techniamsa Waste Incenerator in Mosquera, outside of Bogotá is a Findeter financed project. (photo courtesy of Findeter)
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Colombia’s State-Backed Development Banks In Good Shape, Says Fitch

Fitch Ratings last week published a peer review of four state-owned financial institutions in Colombia: Banco Agrario de Colombia S.A. (Banagrario), Banco de Comercio Exterior de Colombia S.A. (Bancoldex), Financiera de Desarrollo Nacional S.A. (FDN) and Financiera de Desarrollo Territorial S.A. (Findeter).  While...
Posted On February 3, 2016
, By Loren Moss
Bruno Freire is the CEO of Rio de Janeiro based Austral Resseguradora
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Brasil’s Austral Resseguradora Expands Into Colombia & Ecuador

Five year old Brazilian reinsurance company Austral Resseguradora has received authorization to operate in Colombia and Ecuador, the Rio de Janeiro firm has announced. The firm is a subsidiary of Austral Participações S.A. Aside from operations in Brasil, Colombia and Ecuador, the reinsurer already operates in...
Posted On February 3, 2016
, By Loren Moss
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Fundación Cardiovascular de Colombia Does Sale-Leaseback Of Bucaramanga Hospital With Rizk Ventures & Goldman Sachs

Rizk Ventures, LLC has announced that its subsidiary Rizk Ventures Colombia and Goldman Sachs have created a joint venture to invest in sale-leaseback transactions in the Colombian hospital market. The joint venture has already consummated its first sale-leaseback transaction of the Instituto del Corazon...
Posted On February 3, 2016
, By Loren Moss
Photo courtesy jarp - pixabay
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Canadian Owned PharmaCielo Asks Colombian Government For Medical Marijuana License

Privately held PharmaCielo Ltd. today announced that its Rionegro, Colombia based subsidiary, PharmaCielo Colombia Holdings S.A.S. has submitted its formal application to Minsalud, Colombia’s Ministry of Health, and the Consejo Nacional de Estupefacientes (National Drugs Council) to become a licensed marijuana...
Posted On February 3, 2016
, By Loren Moss
Inside Isagen's Sogamoso Hydroelectric Facility -(photo courtesy Isagen)
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After Brookfield Sale, Isagen Seats New Board Of Directors

Monday at 10 am, in Medellín’s Plaza Mayór, during a special shareholder’s meeting called by BRE Colombia Investments LP, a new board of directors was seated for Medellín-based Colombian energy producer Isagen. BRE Colombia Investments LP is the majority shareholder of Isagen (BVC:ISAGEN), having purchased the...
Posted On February 3, 2016
, By Loren Moss
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