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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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Richard Cajiao, Cosmos Group, and Juan Corvinos, Hilton Worldwide, sign agreement to open two DoubleTree by Hilton hotels in Bogota, Colombia. (Photo: Business Wire)
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2 Bogotá Cosmos Hotels To Become DoubleTree by Hilton

Hilton Worldwide (NYSE: HLT) has announced the signing of two franchise agreements to convert two Cosmos hotels in Bogotá into DoubleTree by Hilton properties, bringing the brand into Colombia for the first time. DoubleTree by Hilton Bogotá Parque 93 and DoubleTree by Hilton Bogotá Calle 100 are expected to open...
Posted On September 23, 2015
, By Loren Moss
International Journalists at the 2015 Feria de 2 Ruedas in Medellin, Colombia
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Internships Now Available at Finance Colombia

Due to continued interest, Finance Colombia is now accepting applications for a very limited number of unpaid internships in Colombia with 3 & 6 month durations from graduate students in Journalism, Communications, Finance, Economics, International Relations, or synonymous curricula. Exceptional undergraduate...
Posted On September 23, 2015
, By Loren Moss
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Atento Opens 3rd Contact Center in Pereira, Risaralda; 8th in Colombia

Contact center outsourcing firm Atento S.A. (NYSE: ATTO) has opened a new contact center for customer service in Pereira, Risaralda, Finance Colombia has learned. This makes Atento’s third center in Pereira, and eighth center in Colombia. The center in Tres Nevados-Pereira will provide jobs for 1,000 agents and...
Posted On September 23, 2015
, By Loren Moss
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Colombia Among Andean Nations Receiving SES-10 Satellite Training In Betzdorf, Luxembourg

Satellite operator SES (NYSE Paris:SESG) (LuxX:SESG), announced today the kickoff of annual training for the Andean Community as part of the company’s stated goal of providing worldwide training to broadcast communities in regions of the world where SES operates. SES-10 is a new Ku-band satellite slated to launch...
Posted On September 22, 2015
, By Loren Moss
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Grupo Aval, Along With Yellow Pepper & Credibanco, Introduces Aval Pay Digital Wallet

Visa users within Grupo Aval’s Banks: Banco Occidente, Banco de Bogotá, Banco AV Villas, and Banco Popular and have an Android or iOS smartphone will be the first to Access Aval Pay, a new digital wallet in Colombia. The platform was developed using technology by Yellow Pepper, and in conjunction with Credibanco,...
Posted On September 21, 2015
, By Loren Moss
Drones like this may not be used by civilians in Colombia.
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Colombia Issues Strict Regulations For Drone Usage

Colombia’s civil aviation authority has released Circular 002, published in Official Diary #49.624 that sets out the regulations for operating drones, known formally as Aeronaves Pilotadas a Distancia (Airships Piloted from a Distance) within Colombian airspace. Primary guidelines insist that civilian drones, also...
Posted On September 21, 2015
, By Loren Moss
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The United States Remains Top Travel Destination For Colombians – And Top Source of Visitors

According to ANATO, the Colombian Association of Travel Agencies and Tourism, the US continues to be the top international travel destination for Colombians, a position it has held for almost a decade. The most popular travel packages are trips to Orlando and New York City. “According to statistics from Migration...
Posted On September 21, 2015
, By Loren Moss
Paypal is pulling out of Colombia
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Here’s Why PayPal Is ‘Leaving’ Colombia: Exclusive Interview

PayPal, the global electronic payments system that was purchased, then spun out of internet auction platform eBay, recently announced that it is pulling out of Colombia, at least for domestic payments. The company, that allows individuals and businesses to send money to each other without revealing bank...
Posted On September 21, 2015
, By Loren Moss
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Baker & McKenzie Feted As Top Tax Lawyers In Colombia

Last week in New York City during the International Tax Review award event for The Americas honoring top tax lawyers, auditors and accountants, the international law firm Baker & McKenzie won several awards categories including Tax Firm Of The Year for Colombia, Tax Firm Of The Year for Latin America, and Tax...
Posted On September 21, 2015
, By Loren Moss
volcanic eruption photo courtesy of Wikilmages - Pixabay
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$44 Billion USD Economic Risk In Bogotá And Medellín; $20 Billion Due To Human Factors, Says Lloyd’s

Not counting the rest of Colombia, Bogotá and Medellín alone face a total of $43.97 billion USD of risk over the next decade, according to analysis by Lloyd’s of London. Human created risks, such as terrorism, cyber attacks, or market collapse make up 45% of the measured risk. The analysis estimates that in...
Posted On September 21, 2015
, By Loren Moss
Colombia leads major LatAm economies in mobile churn
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Colombia Leads Large Latin American Economies For Mobile Churn

In the last 12 months, just 20 percent of cell phone users in Colombia have changed their provider, followed by 19 percent in Brazil and Mexico, 17 percent in Chile and Peru, and just nine percent in Argentina. Across Latin American countries, only 20 percent or less of cell phone users have switched their service...
Posted On September 21, 2015
, By Loren Moss
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Suramericana To Make $674 Million USD Acquisition Of RSA Insurance Group’s Latam Assets

Medellín based Grupo SURA´s insurance and risk management subsidiary, Suramericana S.A., has announced that it has reached a definite agreement to acquire RSA Insurance Group PLC´s operations in Latin America, for a total of £403 million British pounds, representing COP 1.91 trillion (USD $614 million) for 99.6%...
Posted On September 14, 2015
, By Loren Moss
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Kuepa Buys Bogotá Based First Class English, Raises Additional $3 Million USD To Fuel Latam Growth

Online learning and workforce development firm Kuepa.com has grown its Colombian presence by taking a majority stake in Colombian language school First Class English, which provides educational programs, test preparation, and exams for the corporate market in Colombia. First Class English has graduated over 10,000...
Posted On September 14, 2015
, By Loren Moss
Toronto from Lake Ontario - courtesy Pixabay
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ProColombia, MinTIC TO Hold “Colombia Bring IT On” Business Event in Toronto In October

ProColombia and the Colombian Ministry of Information Technologies and Communications will host the first technology focused Business Matchmaking forum to pair roughly 70 Colombian companies with an expected 150 to 200 Canadian and US buyers and investors October 28 and 29, 2015 in Toronto. The invitation-only...
Posted On September 14, 2015
, By Loren Moss
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President’s Forum Unites Key Colombian Business Leaders for 3rd Annual Leadership Encounter

Bogotá’s Club El Nogal will be the host of the 3rd annual Leadership Encounter sponsored by the Colombian Presidents’ Forum, named “Leaders that inspire actions of change.”  The event, September 30 from 7am to 1pm, seeks to bring together the most successful professionals and business leaders from diverse sectors...
Posted On September 14, 2015
, By Loren Moss
Jacana oilfield chachalaca 1 caribbean graphic
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GeoPark Strikes Oil At 12,270 Foot Depth Off Colombia’s Caribbean Coast

Latin American oil and gas explorer GeoPark Limited (NYSE: GPRK), with current operations in Chile, Colombia, Brasil, and Argentina, has announced a new oil field discovery following the drilling of the Chachalaca 1 exploration well, located on the Llanos 34 Block in Colombia, where GeoPark has a 45% working...
Posted On September 14, 2015
, By Loren Moss
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High Level US Trade Delegation Arrives In Colombia This Week

Beginning Wednesday, September 16th and 17th, 20 US companies will be visiting Colombia, accompanied by the US Chamber of Commerce and the US State Department. The delegation will be meeting with top Colombian government representatives to discuss different topics relevant to business operations and investment...
Posted On September 14, 2015
, By Loren Moss
Exento Extento, Exencion,Aeronautica Civil, Aerocivil, Tax Stamp
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International Visitors No Longer Have To Stand In Line For Tax Stamp When Departing From Colombia’s Airports

Up until now, International visitors, and Colombians in certain circumstances, have had to go to a counter and get a tax exemption stamp known as an “exento” when departing Colombia. This exempts them from a modest departure tax, but creates an unnecessary hassle, and another line which in some cases, could cause...
Posted On September 14, 2015
, By Loren Moss
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Pacific Exploration & Production Subsidiary Debuts Puerto Bahia Cargo Port in Cartagena

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, has announced the start of operations of Puerto Bahía port facilities in Cartagena, Colombia. The multimodal terminal officially started liquid and general bulk transport operations on August 28, 2015. Port...
Posted On September 13, 2015
, By Loren Moss
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Ecopetrol & Cenit Increase Petroleum Storage Capacity By 820,000 Barrels At Coveñas Maritime Terminal

State owned petroleum company Ecopetrol and its subsidiary Cenit has commenced operation of two new hydrocarbon storage tanks in the Coveñas maritime terminal, Colombia’s primary petroleum shipping port. The two new tanks, each with capacity of 420,000 barrels, are part of a project of infrastructure improvement...
Posted On September 13, 2015
, By Loren Moss
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Exclusive Interview: The US Commercial Service Is A Vital Link In The Value Chain Connecting The US & Colombian Economies

Three years after the Free Trade Agreement was ratified and put into effect between the US and Colombia, both sides are already seeing tangible benefits. Vital in managing the trade relations between the two countries, the US Commercial Service works out of the United States Embassy in Bogotá, one of the United...
Posted On August 31, 2015
, By Loren Moss
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First Look: Epson’s Ecotank Small Office Printers Aim To Rewrite The SOHO Inkjet Equation

By now, most of us are aware of the ‘game’ played by printer manufacturers:  Offer an inkjet or small-office laser printer at a price lower than the cost of manufacturing, then make significant profits on the exorbitantly priced printer cartridges, known as “consumables” by industry insiders.  Epson, with their...
Posted On August 31, 2015
, By Loren Moss
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6 Months After Licensure, Banco Multibank Achieves AA/F1+ By Fitch Ratings

After operating for over 20 years as Macrofinanciera S.A. Compañia de Financiamiento, and six months after receiving a Colombian banking license, Banco Multibank S.A. has been rated AA for long term risk by Fitch Ratings, and F1+ for short term risk. The ratings reflect the support Multibank S.A. receives from its...
Posted On August 30, 2015
, By Loren Moss
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Medellin’s Éxito Purchases Grupo Pão de Açúcar in Brasil, Libertad in Argentina; Now Largest Retailer In South America

Last week, Medellin based Grupo Éxito has entered into a share purchase agreement with Casino regarding the acquisitions in cash of a 50% stake in the holding company of 99.9% the ordinary voting shares of Grupo Pão de Açúcar, representing 18,8% of the total capital, along with consolidation rights to the...
Posted On August 30, 2015
, By Loren Moss
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Ituango Hydroelectric Project Driving Rural Development In Western Antioquia

Six Antioqueño communities in the area of influence of EPM’s Ituango Hydroelectric project stand to benefit from commitments made by EPM’s CEO Juan Esteban Calle Restrepo, and Medellin’s mayor Anibal Gaviria Correa. The two principals laid out those commitments at a meeting held last Thursday in the Liborina...
Posted On August 30, 2015
, By Loren Moss
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Ohio Based Murray Energy Buys Colombian Coal Mines From Goldman Sachs

Goldman Sachs has exited the coal mining business by selling its Colombian La Francia and El Hatillo Mines, 3 undeveloped mines, interest in a Colombian railroad, and 184 million tons of coal reserves to Murray Energy, based in St. Clairsville, a small town in Ohio’s Appalachian foothills southeast of Columbus....
Posted On August 30, 2015
, By Loren Moss
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International Real Estate Convention “Gran Salon Inmobiliario 2015” Launches In Bogotá September 24-27

The 10th edition of Bogota’s principal real estate convention kicks off the 24th of September in the Corferias convention complex, in conjunction with La Lonja Propiedad Raíz de Bogotá (a Lonja is equivalent to a board of realty, or Realtor’s association). Over the four days of the Gran Salon Inmobiliario,...
Posted On August 30, 2015
, By Loren Moss
Photo credit: Loren Moss
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Colombia’s Economy Slowing, But Corporate Credit Quality Not At Risk

Based on statistics available through March of 2015, Colombia’s industrial sector has experienced a negative annualized growth rate through the previous four quarters, led downward by the petroleum sector. This has resulted in decreased tax revenues for municipal and state governments, causing a budget crunch and...
Posted On August 29, 2015
, By Loren Moss
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Red Eagle Mining Raises $19.3 Million, Begins San Ramon Gold Mine Construction

Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) has completed the second tranche of its previously announced private placement in the amount of approximately $5,650,000 for total gross proceeds of approximately $19,350,000, consisting of 71,677,550 common shares at a price of $0.27 per Share...
Posted On August 28, 2015
, By Loren Moss
The Higabra Valley Tunnel at Continental Gold's Buriticá goldmine in Antioquia.
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Mateo Restrepo Villegas Joins Continental Gold as Executive Vice President

Continental Gold Inc. (TSX:CNL)(OTCQX:CGOOF) has announced that Mateo Restrepo Villegas will serve as Executive Vice-President, effective August 12, 2015, and will be located in the company’s Medellín office. Restrepo brings experience in mining, infrastructure, banking and government relations to...
Posted On August 28, 2015
, By Loren Moss
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Breaking News: Pacific Rubiales Changes Name To Pacific Exploration & Production Company

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) announced today that it is changing its corporate name to Pacific Exploration and Production Corporation. The name change comes after an acquisition by Alfa S.A.B. and Harbour Energy, Ltd. failed, and the company continues to face a depressed stock price as the...
Posted On August 14, 2015
, By Loren Moss
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Premium Companies & Basic Motorcycle Manufacturers Bullish On Colombia

Indian motorcycle company Royal Enfield wants to expand globally, and it is targeting Colombia as a key market. “Currently we are an Indian company,” CEO Siddhartha Lal told India’s Business Standard in July. “We want to be a global player.” Royal Enfield boasts that it is the world’s oldest bike maker...
Posted On August 14, 2015
, By Jared Wade
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Medellin Hosting Cities For Life: Global Urbanism Symposium Featuring Experts From 5 Continents – Exclusive Interview

This week, the city of Medellin held the pre-event kickoff for the upcoming Cities For Life Global Meeting 2015, to take place this August 31 to September 1st in Plaza Mayor, the city’s flagship convention center. Cities for Life will bring more than 40 experts from around the world in to discuss urban planning,...
Posted On August 14, 2015
, By Loren Moss
Kalmar DCG140 Forklift Trucks - photo courtesy of Kalmar Global
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Buenaventura Expanding Port Operations, Books $28 Million Gantry Crane Order

Kalmar, part of Cargotec, has been awarded a major port equipment order from long-standing customer Sociedad Portuaria Regional de Buenaventura S.A. (SPRBun) as they gear up for growth at their operations in Terminal Especializado de Contenedores de Buenaventura S.A. (TECSA) in Buenaventura, Valle de Cauca., 3...
Posted On August 13, 2015
, By Loren Moss
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Bogotá’s Nivel Siete Acquired By Blackboard

Washington DC based Blackboard today announced the acquisition of Bogota based Moodle solutions provider Nivel Siete. By merging, the two companies expect to be able to offer more services and solutions to organizations that leverage Moodle, and support a greater number of learners to achieve their educational...
Posted On August 13, 2015
, By Loren Moss
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Compas & APM Terminals To Invest $200+ Million In Cartagena Port Upgrade

APM Terminals and Colombian-based port and terminal operating company, Compañia de Puertos Asociados S.A. (Compas S.A.) have signed a joint venture agreement to jointly manage and operate Compas S.A.’s existing multi purpose Cartagena Terminal. APM Terminals and Compas S.A. will jointly invest over USD $200...
Posted On August 13, 2015
, By Loren Moss
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University of Wisconsin To Open Tropical Disease Laboratory In Medellín’s Ruta-N

City backed business incubator Ruta-N announced yesterday a deal with the University of Wisconsin (USA) to establish a $2+ million laboratory in part of the space recently abandoned by Hewlett Packard. The initial term will be for three years. The venture expects to count on participation and coordination with...
Posted On August 12, 2015
, By Loren Moss
Photo courtesy of Minhacienda
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Colombia’s First Three 4G Highway Concessions Financed For $1.2 Billion USD

Yesterday, Colombia’s Development Finance Agency, FDN (Financiera Nacional de Desarrollo) announced the successful financing of the first three 4G (Fourth Generation) highway concessions, expanding the country’s ground transportation infrastructure. This will facilitate construction of the Girardot-Puerto Salgar,...
Posted On August 12, 2015
, By Loren Moss
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EMCALI Implements Innovari IEP Interactive Energy Platform, Demonstrating Colombia’s Readiness For Smart Grid Technology

Empresas Municipales de Cali (EMCALI) has launched an advanced energy project this summer in the city of Cali, Colombia that will actively manage electrical consumption and supply in selected buildings throughout the capital of the Valle de Cauca. After a successful initial feasibility study, EMCALI selected Texas...
Posted On August 11, 2015
, By Loren Moss
Carlos Rodriguez Angulo and Adolfo Urdaneta of Arthur J. Gallagher Colombia
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Arthur J. Gallagher Expands Colombia Presence; Signals Intent to Purchase Guianza

The international division of Arthur J. Gallagher & Co. (NYSE: AJG) has announced that it has signed an agreement to acquire a controlling stake in the Colombian retail insurance broker Guianza S.A. Corredores de Seguros (Guianza), subject to regulatory approval. The remaining shares will be owned ...
Posted On August 11, 2015
, By Loren Moss
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Colombian Oil & Gas Congress To Be Held August 26-28 In Corferias, Bogotá

The Colombian Oil & Gas Congress, organized annually by ACIPET (Acronym in Spanish for the Colombian Association of Petroleum Engineers) and Corferias, is the principal petroleum industry event held in Colombia, and billed by its organizers as the fourth most important in Latin America. This year, the event...
Posted On July 31, 2015
, By Loren Moss
Epson Ecotank L555 SOHO Inkjet Printer
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Epson Demonstrates Cartridge-Free Printers In Bogotá By Offering Free Photograph Printing To Public

Epson is promoting its new line of cartridge free inkjet printers designed for SOHO (Small Or Home-Office) environments by offering free prints of photographs or documents to the public at certain locations throughout Bogotá. The “Ecotank” system is built into a line of printers that use refillable tanks instead...
Posted On July 31, 2015
, By Loren Moss
Cardenas at the Bloomberg Colombia Summit (Photo credit Emilio Aparicio - MHCP)
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Cardenas: ‘Intelligent Austerity’ Is Colombian Government’s Policy Going Forward

Colombia’s Finance Ministry (Minhacienda) head Mauricio Cardenas said Tuesday at Bogotá’s Bloomberg Conference that the government will propose a national budget of “Intelligent Austerity”—belt tightening in public sector spending, and supporting private sector growth into a larger portion of the econom...
Posted On July 31, 2015
, By Loren Moss
The Bolette Dolphin drilling ship at the Kronos -1 site in the Colombian Caribbean Sea, Southwest of Cartagena
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Ecopetrol & Anadarko Strike Oil Off Colombia’s Atlantic Coast, Almost 4km Deep

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) has issued a statement indicating that, along with partner Anadarko, it has verified the presence of hydrocarbon resources at the ultra-deepwater depth of 3720 meters, via its Kronos-1 well in the Fuerte Sur block. This discovery validates the proposed geological...
Posted On July 31, 2015
, By Loren Moss
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ID Global Solutions Purchases Colombia’s MultiPay SAS – CEO Thomas Szoke Talks Strategy

Soon after closing a round of convertible debenture financing, Longwood, Florida based ID Global Solutions Corporation has announced its purchase of Bogotá’s MultiPay S.A.S.via a stock swap.  MultiPay is a payment gateway and IT services provider that offers transactional routing, payment gateways, electronic...
Posted On July 31, 2015
, By Loren Moss
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Copa Retains Top Spot In Colombia With 93% On Time Performance

Copa Airlines (NYSE: CPA), has held onto its position as the top airline in on-time performance and flight completion in Colombia during first half of 2015, according to aviation research and data collection firm FlightStats. Copa completed the first six months of the year with an average on-time performance of...
Posted On July 27, 2015
, By Loren Moss
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Radisson Blu Opening New Hotels In Santa Marta & San Andres

According to an announcement made at the Global Business Travel Association Convention on Sunday,  Carlson Rezidor Hotel Group is building two new Radisson Blu hotels in Colombia, making this the Radisson Blu brand’s first foray into Latin America, along with its renovation of the Radisson Petra La Dehesa Hotel in...
Posted On July 27, 2015
, By Loren Moss
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Medellín’s Parques del Rio Project Seeks To Transform Urban Civic Life – 1st Phase On Track For January Completion

In 1941, the artist Pedro Nel Gómez, followed by the architect Juan Wolff in 1942, floated initiatives to make the Medellin river the center for life and development in Colombia’s second largest city. Nothing much happened until urban planners Carlos Julio Calle and Luis Fernando Arbeláez, working with the...
Posted On July 26, 2015
, By Loren Moss
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US Filter Manufacturer Donaldson Buys Bucaramanga’s Partmo

MINNEAPOLIS–(BUSINESS WIRE)—Wisconsin based vehicular filter maker Donaldson Company, Inc. (NYSE:DCI), has announced this month the agreement to acquire 100% of Industrias Partmo S.A. Partmo, a $15 million (USD annual revenues) manufacturer of replacement air, lube and fuel filters in Bucaramanga, Santander....
Posted On July 26, 2015
, By Loren Moss
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Medellín’s “Feria de las Flores” Flower Festival Returns This Weekend

Business travelers to Colombia in the coming weeks would be unwise not to make time for this year’s Feria de las Flores (Flower Fair) taking place in Medellin. Colombia is one of the world’s top flower producers, and Medellin’s Antioquia region is a flower production epicenter. The annual celebration of this...
Posted On July 26, 2015
, By Loren Moss
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Copper Cable Thefts On The Rise, Affecting Ecopetrol Operations

The terrorist actions in recent months against the infrastructure of Ecopetrol, has been compounded by another recent menace: theft of copper cables that supply electrical power to oil wells. So far in 2015, Ecopetrol has reported 393 thefts of copper wire in three production areas of the country, almost double...
Posted On July 26, 2015
, By Loren Moss
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Guest Column: Mobile Applications For The Bank Of The Future

The notion of mobility has become, nowadays, an important factor in people’s personal and professional life. Because of this, companies are increasingly investing in mobile solutions that increase productivity, effectiveness and rapidity in both corporate processes and the quality of their services. Mobile...
Posted On July 26, 2015
, By Tannia Alanis
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Why Colombia Is Home To Latin America’s Most Important Motorcycle Industry Event

In some countries, motorcycles are a luxury and a pastime. However in other countries, such as Colombia, they are basic transportation for millions. Cold or hot, rain or shine, motorcycles are on the road in Colombia 24 hours, 7 days a week, 365 days a year. Latin America’s most important motorcycle industry...
Posted On July 23, 2015
, By Loren Moss
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Grand Tierra Energy Files For Share Buyback

CALGARY, July 22, 2015 – PRNewswire – Gran Tierra Energy Inc.  (NYSE MKT: GTE, TSX: GTE), today announces that it intends to implement a normal course issuer bid through the Toronto Stock Exchange (“TSX”) and the NYSE MKT. Pursuant to the bid and subject to regulatory approval, Gran Tierra...
Posted On July 22, 2015
, By Loren Moss
avianca colombia bogota el dorado rut los angeles
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In June, Avianca Carried 2,336,139 passengers: 10.2% More Than Same Period 2014

In June, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) 2,336,139 passengers, up 10.2% compared to June 2014. Capacity, measured in ASKs (available seat kilometers), increased 7.7%, while passenger traffic, measured in RPKs (revenue passenger kilometers), increased 8.5%. The load...
Posted On July 22, 2015
, By Loren Moss
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ETB Appoints Credicorp Capital As Market Maker For The BVC

Bogota, July 14, 2015 – ETB, Bogotá’s telecommunications company, has named Credicorp Capital Colombia, S.A. to serve as a market maker in the BVC (Bolsa de Valores de Colombia), Colombia’s primary stock exchange. ETB, seeks to make its shares more liquid and attractive to investors, and grow its presence in...
Posted On July 21, 2015
, By Loren Moss
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Statement: Fitch Issues Financial Strength Ratings Reviews Of Top Colombian Banks

Fitch Ratings-New York-21 July 2015: Fitch Ratings has completed its review of Colombia’s five largest banks and their related entities. As a result of the review, the ratings for Bancolombia and Banco Davivienda have been upgraded and the ratings for Banco de Bogota, BBVA Colombia and Banco de Occidente...
Posted On July 21, 2015
, By Loren Moss
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Arthur J. Gallagher Takes 65% Stake In Colombia’s ARM Re

London, 20 July 2015: Arthur J. Gallagher  (NYSE: AJG) has extended its investment in Latin America by taking a 65% stake in independent Colombian energy and construction specialist ARM Re Ltda. (ARM). Specific terms and pricing of the transaction were not disclosed. Established nine years ago, ARM is led by...
Posted On July 21, 2015
, By Loren Moss
Lloyds of London Image
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Lloyd’s Opening Representative Office In Bogotá, Appoints Realphe As Colombia Head

London based global specialty insurance and reinsurance market Lloyd’s, announced last week that it has received approval from the Colombia’s financial regulatory authority Superfinanciera to open a representative office in Bogotá.  Under the new Lloyd’s representative office license, Lloyd’s syndicates may...
Posted On July 19, 2015
, By Loren Moss
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Axon Partners Group’s Amerigo Ventures Pacifico Fund Takes Stake In Digital Media Provider Enmedio

Colombian digital signage company Enmedio has received a funding round of up to $4 million USD in the next 24 months by Madrid-based Axon Partners Group. Enmedio uses digital screens placed in public and private locations to display advertisements, news, information and entertainment content. The investment with...
Posted On July 19, 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
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BREAKING NEWS: Ecopetrol Chairman Gonzalo Restrepo Lopez Resigns

BOGOTA, Colombia, July 19, 2015 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) hereby reports that, at the Board of Directors’ meeting on Friday, July 17, 2015, the Board of Directors decided as follows: To accept the resignation of Mr. Gonzalo Restrepo Lopez as member and chairman...
Posted On July 19, 2015
, By Loren Moss
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US Based Insurer W.R. Berkley Launches Berkley International Seguros Colombia S.A.

GREENWICH, Conn.–(BUSINESS WIRE)–W. R. Berkley Corporation (NYSE:WRB) today announced the formation of Berkley International Seguros Colombia S.A. to provide a full range of commercial insurance products, including construction all risk, surety, general liability, directors and officers liability,...
Posted On July 19, 2015
, By Loren Moss
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Barranquilla’s Technoglass Files For Warrant Exchange Tender

Barranquilla based Technoglass (NASDAQ: TGLS) has filed with the SEC a form S-4 proposing to exchange outstanding warrants for ordinary shares. Under the offer, each warrant holder will be able to receive one share in exchange for every 2.6 outstanding warrants. Upon approval, the offer will be extended to all...
Posted On July 19, 2015
, By Loren Moss
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Fitch Withdraws All Ratings For Banco GNB Sudameris

Fitch Ratings has announced that is has withdrawn all of the ratings that it has issued for Banco GNB Sudameris S.A. The Issuer Default Ratings (IDRs) and senior debt ratings have been withdrawn because Banco GNB Sudameris has chosen to stop participating in the rating process. Therefore, Fitch will no longer have...
Posted On July 19, 2015
, By Loren Moss
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Survey Findings: Colombians Still Somewhat Wary Of ATM Transactions

Colombians view transactions made through ATMs as more vulnerable to cyberattack than other options like phone banking, credit cards, mobile device payments, and online payments made by computers, according to the results of the Unisys Security Insights survey. When asked to select the type of transaction they...
Posted On July 19, 2015
, By Loren Moss
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A Candid Conversation With Bogotá’s Libertarian Candidate For Mayor

The electoral campaigns are heating up in Bogotá, Colombia’s capital. Finance Colombia endeavors to speak with every serious candidate willing to offer us their time. This year, we were able to sit down first with Bogotá’s Libertarian candidate, Daniel Raisbeck. The Libertarian movement is small, but growing in...
Posted On July 14, 2015
, By Loren Moss
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More Americans Soon To Savor Colombia’s Uchuvas, a.k.a. Cape Gooseberries

Colombia will now be able to export fresh uchuvas, known in English as cape gooseberries, or alternatively, goldenberries with no quarantine restrictions after the Ambassador of Colombia to the United States Luis Carlos Villegas and U.S. Under Secretary of Agriculture Edward Avalos signed the Operative Work Plan...
Posted On July 13, 2015
, By Loren Moss
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Baker & McKenzie: Merger & Acquisition Activity To Increase Through 2018

A recent study by Baker & McKenzie looking at cross border M&A activity indicates that such deals should continue to increase over the next three years. According to the study, after a long and stuttering recovery from the 2008 global financial crisis, transactional activity should increase at roughly 2.9%...
Posted On July 13, 2015
, By Loren Moss
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Endeavor Colombia Partners With Medellin’s Ruta N To Promote Paisa Entrepreneurship

Endeavor Colombia has launched its regional operations in Medellín along with the city’s flagship business incubator, Ruta N. Endeavor Colombia, a nonprofit organization promoting high impact entrepreneurship, hopes to compliment Ruta N’s business incubation ecosystem and contribute to the city’s economic...
Posted On July 13, 2015
, By Loren Moss
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Cencosud Selects Unisys For 5-Year IT Help Desk Outsourcing Deal

South American retailer Cencosud has selected Unisys Corporation (NYSE: UIS) to offer IT help desk services to internal users in Colombia, Chile, Perú, Brasil, and Argentina. The five year deal represents the first time that Cencosud has signed such a deal with a technology provider, which is expected to help...
Posted On July 13, 2015
, By Loren Moss
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Advent International Buys 30% Stake in Avianca’s LifeMiles Loyalty Program

Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH), the parent company for Colombia’s flagship airline, and private equity firm Advent International, today announced that they have inked a deal in which Advent will acquire a 30% of the shares of LifeMiles B.V, the subsidiary of Avianca Holdings S.A. that operates the...
Posted On July 13, 2015
, By Loren Moss
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CPGroup Latin America Search Firm Forms Alliance With The Caldwell Partners International

Toronto based executive search firm The Caldwell Partners International Inc. (TSX: CWL) today announced a significant expansion into Latin America by forming a strategic alliance with CPGroup Latam Ltd., a company founded by the partners that established and led the Latin American operations of CTPartners. Through...
Posted On July 13, 2015
, By Loren Moss
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Bancolombia First To Offer Visa Checkout

From July 6, Bancolombia’s customers are now able to use the Visa Checkout online service with any of their Bancolombia charge cards, not just Visa. Visa Checkout is employed by over 100,000 online merchants globally so far, and this further enables Bancolombia customers to make purchases in the USA, Canada,...
Posted On July 13, 2015
, By Loren Moss
Oil Pump Courtesy Kobiecanka - Pixabay
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Pacific Rubiales Acquisition is Dead: ALFA and Harbour Request Termination of Agreement

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) today announced that, at the request of ALFA, S.A.B. de C.V and Harbour Energy Ltd. it has terminated the arrangement agreement for a takeover of Pacific Rubiales that was agreed to on May 20, 2015. The purchase price of $6.50 (Canadian Dollars) per share and...
Posted On July 8, 2015
, By Loren Moss
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Guest Analysis: Both Investors and patients Flocking to Colombia’s Clinics and Hospitals

Surgery sounded like it was going cost Edward Janssen an arm and a leg. Even though he had medical insurance, his deductible created out-of-pocket expenses that would force the 58-year-old construction worker from Kansas to go to great pains to come up with the $80,000 to pay for a double knee replacement...
Posted On July 8, 2015
, By Renée-Marie Stephano, JD
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Aerocivil Awards Air Traffic Control Modernization Contract To Rohde & Schwarz

Aerocivil, the Colombian Civil Aeronautics Special Administrative Unit (UAEAC) has awarded Rohde & Schwarz a contract to modernize the country’s civilian air traffic control (ATC) system over the coming months with a target completion date of February 2016. The nationwide modernization project wil...
Posted On June 29, 2015
, By Loren Moss
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Cúcuta Receives Its First Holiday Inn Hotel

Global hotel operator InterContinental Hotels Group (IHG), has announced the opening of the Holiday Inn Cúcuta hotel. The newly constructed, 98-room hotel is IHG’s first property in the city of Cúcuta and the fourth Holiday Inn hotel in Colombia. Amenities at the Holiday Inn Cúcuta hotel include an outdoor...
Posted On June 29, 2015
, By Loren Moss
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Op/Ed: Three Reasons for CIOs to Love Their Bank’s Shadow IT

There’s no doubt that shadow IT, the term used to describe the systems and solutions for Information Technology that are installed and used in organizations without the explicit authorization of the company, poses a real and urgent risk to banks. But shadow IT can also be a boon to the bank in many ways, because...
Posted On June 29, 2015
, By Fernando Gómez
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Medellín To Host 1st Latin America / Caribbean SME Financing Innovation Forum

Although small and medium-sized enterprises (SME) are the main driving force behind the economy of Latin America and the Caribbean, their main barrier to growth is a lack of access to resources. The financing gap for SMEs in the region is estimated at between $210 billion and $250 billion. Recent innovations, new...
Posted On June 28, 2015
, By Loren Moss
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Everest Group Expert Analysis: Colombia To Lead The Next Wave Of Global In-House Centers (GICs)

Global consulting and research firm Everest Group recently released its Global In-house Center (GIC) Landscape Annual Report 2015, in which it reported that the global services market reached US$150 billion in 2014 and GIC model contributed to 25 percent (US$35-40 billion) of this rapid growth. Latin America is...
Posted On June 28, 2015
, By Anurag Srivastava
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Table Trac Signs Significant Casino IT Deal With Colombian Operators

Table Trac, Inc. (OTCQB: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, announced this month that it will be providing its CasinoTrac Casino Management System to new multiple site gaming operators in Colombia. “Today I am...
Posted On June 28, 2015
, By Loren Moss
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Ecopetrol Reports Advances In Managing Tumaco Spill

Colombian petroleum producer Ecopetrol has announced today that it has made significant strides in containing the oil spill caused June 22 by the FARC terrorists in Tumaco, thanks in large part to multilateral support from Colombia’s armed forces and national police. Barriers installed by emergency crews have...
Posted On June 28, 2015
, By Loren Moss
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Gran Colombia Gold Elects Board Of Five Directors, KPMG As Auditor

Gran Colombia Gold Corp.’s (TSX: GCM, OTC: TPRFF) Annual Meeting of Shareholders was held on Friday June 26, 2015. The board of directors was set at five members, the board was elected, and KPMG was appointed as auditor. Item No. Description of matter Outcome of vote Voted Voted (%) 1. Fixing the number of...
Posted On June 28, 2015
, By Loren Moss
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Statement: Alfa and Harbour Energy Comment on Pacific Rubiales Tender – Say They Won’t Budge A Single Peso

ALFA, S.A.B. de C.V. (“ALFA”) and Harbour Energy Ltd. (“Harbour Energy”) today commented on their proposed acquisition of Pacific Rubiales Energy Corp. (TSX – PRE) (BVC – PREC) (“Pacific Rubiales” or the “Company”). This is a reprint of a statement issued by ALFA and...
Posted On June 28, 2015
, By Loren Moss
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Medellin’s Hipercept Named Americas Channel Partner For Taliance

Hipercept, a global provider of strategy, technology and operations services to the alternative assets industry, has announced that it has been selected by Taliance to serve as its channel partner for North and South America. Taliance’s real estate software solution suite, GlobalAsset, complements the...
Posted On June 28, 2015
, By Loren Moss
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Gran Tierra Announces Increase in Capital Program, Focus on Colombia

Gran Tierra Energy Inc.  (NYSE MKT: GTE, TSX: GTE), Calgary, Canada based company focused on oil exploration and production in South America, announced last week, an increased 2015 capital program intended to provide accelerated development drilling at the Company’s core producing assets in the Putumayo...
Posted On June 28, 2015
, By Loren Moss
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Aerocivil Implements New Airline Passenger Service Rules, Increases Penalties & Sanctions

Aerocivil, Colombia’s civil aviation administration has implemented new rules designed to benefit air passengers in Colombia by increasing penalties on air carriers for deficiencies, streamlining the procedures for filing complaints and claims, monitoring and verification audits and also implementing a new “right...
Posted On June 28, 2015
, By Loren Moss
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Bogotá Launches a New Version Of Its Specialized App For Foreign Investors, Entrepreneurs

The city of Bogota has launched a new version of its specialized application for foreign investors seeking business opportunities in the city’s priority sectors: services sector (IT services, BPO and shared services, creative industries, business services and consulting, services for the petroleum and gas...
Posted On June 28, 2015
, By Loren Moss
scania articulated bus courtesy Scania CV AB
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Cartagena Awards Transcaribe Natural Gas Powered Bus Contract To Scania

SÖDERTÄLJE, Sweden – The Colombian Atlantic Coast city of Cartagena has selected Scania  (STO:SCVA) (STO:SCVB) as the exclusive provider for two trunk lines for the city’s brand new Bus Rapid Transport (BRT) system, called Transcaribe. Scania will provide 147 Euro 6 emissions compliant gas buses to the city along...
Posted On June 28, 2015
, By Loren Moss
Club Sandwich courtesy nms-enns0 - Pixabay
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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 index a more comprehensive indicator...
Posted On June 28, 2015
, By Loren Moss
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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 default in filing its annual financial...
Posted On June 28, 2015
, By Loren Moss
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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 programs leveraging the NIST...
Posted On June 28, 2015
, By Loren Moss
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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 company covers many operational...
Posted On June 28, 2015
, By Loren Moss
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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 spoke with José Ignacio Loaiza, the...
Posted On June 15, 2015
, By Loren Moss
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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 packaging solutions for the direct sales...
Posted On June 15, 2015
, By Loren Moss
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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 destinations. 54% of the country’s financial...
Posted On June 15, 2015
, By Loren Moss
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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 residing in Colombia. The new cedula has...
Posted On June 14, 2015
, By Loren Moss
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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 time, and recent plans have been...
Posted On June 11, 2015
, By Loren Moss
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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 held this October 18 to 26 in...
Posted On June 6, 2015
, By Loren Moss
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