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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:

[optinform]

  1. Name *
    * Please enter your name
  2. Email *
    * Please enter a valid email address
  3. Message *
    * Please enter message
Courtesy byrev - pixabay
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EEB Wins Tender To Boost Electrical Capacity in Colombia’s Magdalena Department

Empresa Energía de Bogotá (EEB), parent company of Grupo Energía de Bogotá, was awarded the UPME STR 07-2014 Río Córdoba 220/110 kV tender offer, by Colombia’s Mining and Energy Planning Unit (UPME) last Thursday. The project consists of the construction, operation and maintenance of two 220/110 kilovolt...
Posted On April 11, 2015
, By Loren Moss
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Photo Brief: Presidents Santos And Obama Hold Bilateral Meeting During Summit Of The Americas In Panamá

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

Colombia’s finance minister Mauricio Cardenas, through decree 0602 issued on April 7, has appointed Jorge Castaño Gutiérrez as financial superintendent. Castaño has worked with the financial supervisory authority for the past decade, and has most recently served as the director of research and development for the...
Posted On April 9, 2015
, By Loren Moss
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Expert Analysis: Using Big Data To Make Better Decisions in Financial Institutions

Increasingly, the emergence of wireless technologies, intelligent products and businesses defined by software play a key role in the exponential growth of data worldwide. This is corroborated according to a study conducted by EMC Corporation and IDC, which states that the Digital Universe is doubling its size...
Posted On April 9, 2015
, By Salvador Vega
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Delta Announces New Flights From Cartagena and Medellín to Atlanta

Delta Air Lines (NYSE: DAL) has announced expansion to its service between the United States and Colombia with new flights from its largest hub in Atlanta to Medellin and Cartagena starting December 19 of this year. Tickets for the flights are already available for purchase. Schedule: Atlanta to Medellin Flight...
Posted On April 9, 2015
, By Loren Moss
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Report: Cali Demanding Attention of Global Investors, as Demonstrated by Giant Hi-Tech Business Park Under Construction

Based on a private report released in November 2014 by the global research firm Everest Group, Cali, Colombia does not necessarily receive the attention it deserves as an ideal global services delivery destination. More famous for its world class salsa scene, its “La Sexta” party district, and its musicians like...
Posted On March 31, 2015
, By Loren Moss
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Exclusive: Everest Group’s Salil Dani Discusses Colombia’s Back-Office & Processing Services Potential

Global consultancy & analyst firm Everest Group recently released their 2014 Market Vista and 2014 Year In Review, in which they discuss global shared services and outsourcing trends. Latin America is growing as a destination for these services, and Colombia seems to be climbing the value-chain to compete with...
Posted On March 31, 2015
, By Loren Moss
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“Féria de las Dos Ruedas” Motorcycle Industry Trade Show and Exhibition Coming to Medellín May 21-24, 2015

Considered by some to be the premier motorcycle industry event in Colombia; the ninth edition of the Fair of Two Wheels Colombia is bringing an extensive business agenda and many great attractions for industry professionals and motorcycle enthusiasts. This year the fair will open its doors to industry...
Posted On March 30, 2015
, By Loren Moss
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Cencosud Reports Fourth Quarter Profits Up 7%, Net Income Down 35.7%

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

Last week, PRAXIS, a global technology provider headquartered in Mexico, launched PraxFinancial a new tool directed to brokerage firms who want to offer their customers a tool that allows them to invest in the securities market in a simple, quick and novel way and, at the same time, enables investment operations....
Posted On March 28, 2015
, By Loren Moss
Above photo: «Ecopetrol» de Dvalencia – Own work, used under license CC BY-SA 3.0 vía Wikimedia Commons - https://commons.wikimedia.org/wiki/File:Ecopetrol.jpg#/media/File:Ecopetrol.jpg
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Ecopetrol Announces Dividend Of 70% Net Income, New Board of Directors, Auditor

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announced yesterday that the General Shareholders’ Meeting, held March 26th, 2015, approved an ordinary dividend of 133 Colombian pesos (COP$133) per share. The General Shareholders’ Meeting approved a lump sum payment of the total dividend to...
Posted On March 27, 2015
, By Loren Moss
Avianca Boeing 787 Dreamliner at Medellín's Airport
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Fitch Affirms Avianca Holdings’ IDRs at ‘BB-‘ & Unsecured Notes at ‘B+/RR5’; Outlook to Negative

Fitch Ratings has issued the following statement this morning regarding the credit outlook of Avianca Holdings. Fitch Ratings has affirmed the ratings of Avianca Holdings S.A.’s (Avianca Holdings) and its subsidiaries as follows: Avianca Holdings S.A. (Avianca Holdings) –Long-term Issuer Default Rating...
Posted On March 27, 2015
, By Loren Moss
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Bancolombia Wins IDB Sustainable Banking Award For Its BanCO2

The Inter-American Development Bank (IDB) announced in Korea today the winners of the fifth annual beyondBanking awards, which recognize best projects and initiatives in the region contributing to the creation of a more sustainable financial sector. The awards were given in a ceremony at the Bank’s Annual Meeting...
Posted On March 27, 2015
, By Loren Moss
Dr. Enrique González Villa - President of Cámara Colombiana del Libro
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Macondo: Special Guest Nation At This Year’s “FILBo,” Colombia’s International Book Fair

This year’s guest nation at Colombia’s “Féria Internacionál del Libro” will be Macondo, the fictional country imagined by the late “Gabo,” Gabriel Garcia Márquez, the Colombian author who was awarded the 1982 Nobel Prize in Literature. A 3,000 square-meter pavilion honoring the author will recreate the feel and...
Posted On March 26, 2015
, By Loren Moss
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EEB Will Not Bid For Isagen. Fitch Holds Credit Outlook At Neutral

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

The introduction of IFRS reporting in 2015 for Colombian banks is an improvement in financial disclosure, says Fitch Ratings. A majority of IFRS rules became effective for all Colombian financial institutions on Jan. 1, 2015 and introduced material changes in the treatment of goodwill and consolidation. Colombia...
Posted On March 26, 2015
, By Loren Moss
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Interview: ETB Making Moves To Catch Up, Surpass Competition

Empresa Telefónica de Bogotá (ETB), claiming to be the second oldest existing telephone company on the planet, has been making impressive moves in 2014 and 2015, transforming its business model into a modern digital communications enterprise. CEO Saul Kattan Cohen was recognized by Colombian financial daily L...
Posted On March 26, 2015
, By Loren Moss
Colombia's Banco De La RepublicaBoard of Directors, Photo credit Juan Enrique Rodríguez.
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Colombia’s Central Bank Leaves Benchmark Interest Rate at 4.5%

The Board of Colombia’s Bank of The Republic, at its meeting last Friday decided to keep the benchmark interest rate at 4.5%. According a statement released by the Central Bank, the Board took into consideration the following aspects when reaching its decision: The average economic growth of Colombia’s...
Posted On March 25, 2015
, By Loren Moss
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ETB Reports Record 20-Year Profits, New Board of Directors Elected At Shareholder Meeting

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

Deepwater and unconventional E&P activities in Colombia are experimenting a significant boost, creating great business opportunities for international companies. Monday, May 4th, 2015, 8:00 am – 12:00 pm OTC – NRG Arena – Houston, TX 77054 While Colombia is globally recognized as a source of...
Posted On March 24, 2015
, By Loren Moss
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Fitch Revises Rating Outlook on Grupo Sura to Positive; Affirms IDR at ‘BBB-‘

Fitch Ratings has revised the Rating Outlook for Grupo de Inversiones Suramericana’s (GRUPO SURA) long-term foreign and local currency Issuer Default Ratings (IDR) to Positive from Stable and affirmed the IDRs at ‘BBB-‘. Fitch has also affirmed outstanding debt ratings of GRUPO SURA and its...
Posted On March 24, 2015
, By Loren Moss
Avianca 787 united airlines
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Avianca, Subsidiaries, Carried Over 2 Million Passengers in February, 2015

In February, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) transported 2,049,954 passengers, up 7.4% compared to February  of 2014. Capacity, measured in ASKs (available seat kilometers), increased 6.8%, while passenger traffic, measured in RPKs (revenue passenger kilometers),...
Posted On March 24, 2015
, By Loren Moss
President Juan Manuel Santos
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President Santos Lauds $1 Billion Dollar (US) Bond Placement, Global Investor Confidence in Colombian Economy

The President of  Colombia, Juan Manuel Santos, said today that Colombia successfully placed a new $1 billion (USD)  bond issue on the global debt market yesterday, demonstrating the world’s confidence in the soundness of the Colombian economy. “We placed  a billion dollars at less than the interest...
Posted On March 24, 2015
, By Loren Moss
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Bladex Reports 4Q 2014 Income At $36.1 Million (USD), 51% Growth over 2013

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, “Bladex”), the Panama-based supranational bank established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade finance and economic integration in the Region, announced its results for the fourth quarter...
Posted On March 24, 2015
, By Loren Moss
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PRAXIS Launches Pay Wallet, Virtualized NFC Electronic App in Colombia

PRAXIS, a Mexican transnational corporation, and provider of technology solutions, announced the availability in Colombia of “Pay Wallet”, their electronic wallet model for corporations and banking institutions, that in the form of an application, enables the information exchange and storage.  With this...
Posted On March 23, 2015
, By Loren Moss
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Fitch Affirms Empresa de Telecomunicaciones de Bogota S.A. E.S.P. at ‘BBB-‘; Outlook Stable

Fitch Ratings has affirmed Empresa de Telecomunicaciones de Bogota S.A. E.S.P.’s (ETB) ratings as BBB- regarding Long-term foreign and local currency Issuer Default Ratings (IDRs). ETB has COP 530 billion senior notes due 2023 at ‘BBB-‘, and the agency has assigned a National long-term rating at...
Posted On March 23, 2015
, By Loren Moss
Davivienda's Bogotá headquarters. Photo credit: Loren Moss
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Wednesday March 25: Banco Davivienda to host Fourth Quarter 2014 Earnings Conference Call & Webcast Presentation

Banco Davivienda (BVC: PFDAVVNDA), a subsidiary of Grupo Bolivar, announced it will host its Fourth Quarter 2015 Earnings Conference Call & Webcast Presentation on Wednesday, March 25, 2015. Conference Call in English at 10:30am Eastern Time To participate, please dial: 1-800-311-9401 (U.S. participants)...
Posted On March 23, 2015
, By Loren Moss
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Continental Gold Developing Buriticá Project, Preparing Issue On Colombia’s Stock Exchange

In an interview with Bloomberg News, Continental Gold Ltd. CEO Ari Sussman says the mining company is preparing to list shares on the Bolsa de Valores de Colombia, with a target of raising roughly $20 million (USD) to increase liquidity and the company’s investor base. The company is working to develop it...
Posted On March 22, 2015
, By Loren Moss
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Colombia’s GDP Grew 4.6% in 2014, Says Finance Ministry

The Minister of Finance, Mauricio Cardenas, said Tuesday that the economic activity during 2014 grew by 4.6% from the previous year, according to figures published by DANE, Colombia’s official statistics agency. “The result of 3.5% for the fourth quarter allowed the country to close 2014 with growth of...
Posted On March 22, 2015
, By Loren Moss
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Minhacienda’s Mauricio Cardenas Affirms Government’s “Absolute Support” For Bogotá’s Proposed Metro

Colombia’s Finance Minister Mauricio Cardenas, confirmed last Monday “absolute support ” by the national government for the proposed construction of the Metro de Bogotá, the capital city’s planned subway and light rail project. While participating in the regional forum of the National...
Posted On March 22, 2015
, By Loren Moss

Fitch: Colombian Electric Demand Continues to Lag GDP Growth

Fitch Ratings expects electric demand in Colombia to continue to lag real gross domestic product (GDP) growth albeit with a shrinking gap over the short to medium term. This is due to low industrial electricity consumption as a percentage of total demand. Over the past decade, while real GDP growth averaged 4.4%,...
Posted On March 22, 2015
, By Loren Moss
Photo courtesy lalabell68 - Pixabay
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Pacific Rubiales Energy Delists From Brazil’s BOVESPA Exchange

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) announced last week that it has received approval from the Brazilian Securities Commission and the Brazilian Stock Exchange (BM&FBOVESPA – Bolsa de Valores, Mercadorias e Futuros), effective immediately, for the cancellation of the Company’s (i)...
Posted On March 22, 2015
, By Loren Moss
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Countdown Begins To F-Air Colombia 2015 Aeronautical Trade Show

Yesterday evening in Bogotá’s Corferias Convention Center, an reception attended by civilian officials, police and military brass from several different countries formally launched the preparatory phase for the 2015 F-Air Colombia International Air Show, to take place from July 9-12, in Rionegro, Colombia, at...
Posted On March 20, 2015
, By Loren Moss
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KLM Launches scheduled service to Bogotá & Cali

KLM Royal Dutch Airlines is launching a new scheduled service to Colombia’s capital, Bogota, and Cali, the country’s third-largest city. Beginning March 31, KLM will fly three times a week operating a Boeing 777-200 on flight KL745. The round trip route will start in Amsterdam, stopping in Bogota, then Cali, and...
Posted On March 20, 2015
, By Loren Moss
Daniel Nieves - Grupo Char's EVP, Lina Chaar - Grupo Char's Director and Peter Tropoli - Luby's, Inc. COO celebrate a partnership to bring Fuddruckers fast casual brand to Colombia at a recent press conference in South America. The event was also attended by Jeff Hamilton, Commercial Attache U.S. Embassy, Bogota, Colombia (PRNewsFoto/Fuddruckers)
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Fuddruckers Fast Casual Restaurants Entering Colombia With New Franchise Partner Grupo Char’s

Houston, Texas-based Luby’s Fuddruckers Restaurants, LLC has finalized a new development agreement that will extend the fast casual hamburger restaurant group’s base in South America.  A partnership with Grupo Char’s calls for an initial restaurant opening in Bogota, following Fuddrucker’s South...
Posted On March 20, 2015
, By Loren Moss
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MAPFRE Insurance Names José Carpio As CEO For Colombia

MAPFRE, the Spanish based global insurer, has named José Carpio as the new CEO for Colombia, replacing Raul Fernandez Maseda, who is retiring after 20 years with the company. Carpio has been the CEO of MAPFRE in Mexico, and has also held responsibilities with MAPFRE Asistencia in Spain. MAPFRE’s global president,...
Posted On March 20, 2015
, By Loren Moss
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Lorenzo Garavito Charts Course For Growth At Helm Banca de Inversion (HBI)

HBI (Helm Banca de Inversion) the independent investment bank belonging to Helm Group, has started 2015 as Colombia’s leading investment bank in the discipline of Project Finance. Currently, the investment bank is working on more than 20 large transactions in sectors such as infrastructure, food, health, real...
Posted On March 18, 2015
, By Loren Moss
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Inmarsat Appoints Ray Villar as Regional Director, Aviation For Latin America

Inmarsat (LSE:ISAT.L), the provider of global mobile satellite communications services, today announced that Raymundo (Ray) Villar has joined the company as Regional Director, Aviation, Latin America. Villar brings 17 years’ worth of business development experience from well-regarded and relevant companies; he has...
Posted On March 17, 2015
, By Loren Moss
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Ecopetrol Board of Directors Appoints Juan Carlos Echeverry as New CEO and Camilo Marulanda as Executive Vice President

Ecopetrol (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announced last week that its board of directors appointed Juan Carlos Echeverry as the new CEO of the company, effective April 6, 2015. With extensive knowledge of economics, the ability to lead processes of change, experience in public administration and prior...
Posted On March 16, 2015
, By Loren Moss
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Avianca Inaugurates New Route Between Bogotá And Los Angeles

Avianca will inaugurate its nonstop Bogotá-Los Angeles-Bogotá flight on July 1st, giving travelers access to over 2,000 seats per week, along with available seats through three daily flights from San Salvador to the movie capital. According to Avianca CEO, Fabio Villegas Ramírez, “The launch of these new...
Posted On March 16, 2015
, By Loren Moss
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Inter-American Investment Corp (IIC) Launches New Free Mobile App to Advise LatAm/Caribbean Entrepreneurs

The Inter-American Investment Corporation (IIC) has launched its first mobile app, geared towards business owners in Latin America and the Caribbean. FINPYME is designed to help small business owners and executives improve their competitiveness and access advisory services on the go. This app comes with a...
Posted On March 16, 2015
, By Loren Moss
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Colombia Floats $350 Billion (COP) In UVR Denominated Treasury Notes

As part of their public debt program, Colombia auctioned $350 billion in treasury notes, denominated in UVR (Units of Real Value), with maturities of 5, 10 and 20 years. The placement corresponds to 1.616 billion UVR. The yield on the issue is 1.83% for 5 year maturities, 2.65% for 10 year maturities, and 3.93%...
Posted On March 7, 2015
, By Loren Moss
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Yellow Pepper Launches Yepex Mobile Payment Solution in Colombia, Mexico

Above photo: Serge Elkiner, CEO of Yellow Pepper Yellow Pepper, the first Latin American mobile financial company to receive a World Bank IFC (International Financial Corporation) equity investment, has launched Yepex, Latin Americas’ first “smart wallet” with functionality heretofore only available in the US...
Posted On March 6, 2015
, By Loren Moss
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Exclusive: New Unisys Head Discusses the State of Colombia’s Bank Technology, IT Talent & the Best Sushi

Carlos Ferrer has been making moves since taking over as the general manager and vice president of Unisys LACSA, encompassing all of Latin America except Mexico and Brasíl. Running everything from his Bogotá office, Ferrer is responsible for leading over 2,000 employees, including those in Unisys’ managed service...
Posted On March 6, 2015
, By Loren Moss
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Avianca Holdings Reports an Operating Profit of $118.4 Million for the Fourth Quarter of 2014

Avianca Holdings S.A., (NYSE: AVH) (BVC: PFAVH), announced this week its fourth quarter 2014, financial and operational results. The carrier earned an adjusted net income for the quarter ended December 31, 2014 of $47.4 million, excluding special items, while posting an adjusted net income margin of 3.8%. For all...
Posted On March 4, 2015
, By Loren Moss
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Japanese Rating Agency “Rating and Investment Information Inc.” Upgrades Colombia to BBB

The Japanese rating agency Rating and Investment Inc. (R & I) has upgraded Colombia’s long-term debt rating from BBB- to BBB with a stable outlook. R & I confirmed its confidence in the country’s economic stability in recent years, noting that Colombia recorded real GDP growth of 4.8% in 2014 and although...
Posted On March 4, 2015
, By Loren Moss
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Minhacienda Floats $700 Billion (COP) Notes To Strong Demand; Issuance Oversubscribed

The Colombian Finance Ministry issued $700 billion pesos (roughly $280 million USD) of public debt through Colombia’s domestic financial markets last week, with yields of 5.18% increment for five year maturity, 6.492% for a ten year term, and 735% for a 15 year maturity. The total demand generated for the debt was...
Posted On March 4, 2015
, By Loren Moss
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Colombia Enjoying Historically Low Unemployment Rates

Colombia’s Finance Minister Mauricio Cardenas said Friday from Puerto Inirida, Guainia, that the unemployment rate in Colombia dropped to 10.8% for January 2015, “in an environment of increased labor force participation by Colombian households with an increase in employment, which reaffirms the outlook on...
Posted On March 4, 2015
, By Loren Moss
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Bloomberg Philanthropies Selects Bogotá to Participate in The Global Road Safety Initiative

Bloomberg Philanthropies has announced the winning cities and countries selected to participate in a new phase of the foundation’s Global Road Safety Initiative, which aims to reduce fatalities and injuries from road traffic crashes. With a new commitment of $125 million over five years, the program will...
Posted On March 4, 2015
, By Loren Moss
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Breaking News: GeoPark Limited Discovers New Oil Field In Colombia’s Eastern Plain

Latin American oil and gas explorer GeoPark Limited announced this morning a new oil field discovery following the drilling of exploration well Tilo 1, located on the Llanos 34 Block in Casanare Department,Colombia, several hours East of Bogotá. GeoPark operates and has a 45% working interest in the Llanos 34...
Posted On February 18, 2015
, By Loren Moss
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How The Digital Revolution is Going to Transform Banking in 2015

As the digital revolution transforms the economy, one megabank chairman warned his staff recently, “The industry faces more change in the next 10 years than there has been in the past 200.” So where will those banking changes emerge in 2015? Let’s use the familiar categories of people, process, and technology to...
Posted On February 17, 2015
, By Fernando Gómez
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Interamerican Development Bank Offering $7 Million In Grants To Support Regional Cooperation

The Inter-American Development Bank (IDB) launched the 2015 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 17, 2015
, By Loren Moss
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Bonds, Loans & Derivatives Andes Will Discuss Investment Challenges And Economic Growth In The Andean Region

On March 3rd and 4th over 350 delegates will gather at the JW Marriot in Bogotá for the 4th annual Bonds, Loans & Derivatives Andes. The leading event in banking and finance in the Andean region, the symposium brings together public and private financial institutions, corporate, and major investors to discuss...
Posted On February 17, 2015
, By Loren Moss
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Avianca’s Valentine’s Day Floral Cargo Flights Up 43% Over 2014, 10,200 Tons of Flowers Shipped

By leveraging specialized technology for the transportation of perishable goods, Avianca Cargo was able to transport a wide variety of flowers, along with other cargo, from Colombia and Ecuador to Miami, Los Angeles, Houston, Chicago, Indianapolis, San Juan Puerto Rico, London, Paris, Madrid, Barcelona, Beijing...
Posted On February 16, 2015
, By Loren Moss
Photo courtesy palmanova.com
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New IHG Crowne Plaza Hotel Being Built In Medellin’s Poblado, Part of Luxury Mixed-Use Center

InterContinental Hotels Group (IHG), announced the signing of a new-build, 199-room Crowne Plaza® hotel in Medellin, Colombia. The hotel will be located in Medellin’s”El Poblado” neighborhood, occupying one of two towers in the Palmanova luxury, mixed-use development and connected to the Palma...
Posted On February 16, 2015
, By Loren Moss
tigo colombia tigo une
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Millicom International Cellular, “Tigo,” Reports Strong 2014 Results

Millicom International Cellular, operating in Colombia and other Latin American markets as Tigo, reported last week strong revenue growth, up 14.9% to $6.39 billion (all figures in USD) and an EBITDA of $2.09 billion, revealing a solid operating margin of 32.8%. The resultant proposed dividend by the board is...
Posted On February 16, 2015
, By Loren Moss
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UN-based Alliance: Colombia Needs A More Inclusive Consumer Financial System

Colombia has made significant strides in the shift to electronic payments, but further progress in addressing the informal cash economy, increasing merchant acceptance and consumer adoption is needed to further advance the shift to digital payments in the country, according to a new report released by the United...
Posted On February 16, 2015
, By Loren Moss
Vive Agro founding brothers Pablo Arbelaez (left), and Juan Felipe Arbelaez (right)
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ViveAgro Founders Felipe & Juan Pablo Arbelaez Revolutionizing Colombia’s Freshcut Supply Chain, Selected As Endeavor Entrepreneurs Of The Year

Above photo: ViveAgro Founders Juan Pablo Arbelaez & Felipe Arbelaez During the celebration of Global Entrepreneurship Week recently, the two brothers Felipe and Juan Pablo Arbelaez, founders of Vive Agro, were selected by Endeavor Colombia as the 2014 Endeavor Entrepreneurs. Local panelists on the selection...
Posted On February 16, 2015
, By Loren Moss
Pictured, from left to right: Gabriel Vallejo, Minister of Environment and Sustainable Development, Diego Molano Vega, Minister of Information and Communications Technologies, Nancy Patricia Gutiérrez, President Asomovil, Sergio González Guzmán, CEO Asomovil, Sebastian Cabello, Head of GSMA Latin America GSMA, Ariel Ponton, CEO Movistar, Santiago Pardo, VP Regulation for Claro, Marcelo Cataldo, VP Unidad Movil, Tigo – Photo courtesy GSMA
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Mobile Phone Industry Launches Customer Experience Initiative With Government, Trade Groups

Colombian mobile operators Claro, Telefónica Movistar and Tigo and trade association Asomóvil, together with the GSMA industry group today announced a series of joint initiatives to enhance mobile users’ experiences throughout the country. These initiatives are supported by the Colombian Ministry of Information...
Posted On February 12, 2015
, By Loren Moss
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In Time For Valentines Day Flower Shipments, Avianca Adds Temperature Controlled 5th Airbus A-330-F

In line with its plan to expand and strengthen its presence in markets with a high demand in the transport of goods and merchandise, Avianca Cargo has incorporated its fifth Airbus A-330 aircraft exclusively for freight. The addition of this new aircraft allows Avianca Cargo to increase capacity on the routes with...
Posted On February 12, 2015
, By Loren Moss
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Colombians Ranked World’s 2nd Most Romantic, Likely To Give Gifts. Chile #1

While Valentine’s Day has become a holiday celebrated in many countries around the world, attitudes about love and the way it gets expressed vary significantly among nationalities. While in Colombia, like much of Latin America, the Dia del Amor, celebrated the third Saturday of September, edges out...
Posted On February 12, 2015
, By Loren Moss
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In the Shadow Of The Expedia Orbitz Merger, Colombia’s Undertrail Focuses On A Growing Market

The big travel news across the globe today has been the Expedia Orbitz acquisition, which many analysts say is taking place to compete against Priceline. While the global travel market continues to grow and evolve, there are still many targeted niches, whether that be type of traveler, geographic area, or even...
Posted On February 12, 2015
, By Loren Moss
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Exclusive Interview: InnoSocial’s Natalia Cortes Discusses Social Entrepreneurship

Colombian Nonprofit Fundacion InnoSocial held their first “International Congress of Personal Branding, Entrepreneurship, & Digital Marketing in Bogotá last month. The event, the first of its kind, was designed to bring together students, business people, aspiring entrepreneurs, and digital marketers to...
Posted On February 9, 2015
, By Loren Moss
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Ohio Based Dayton Superior Expanding Construction Support Operations In Bogotá

Dayton Superior Corporation, an Ohio based international supplier chemicals, devices and accessories to the commercial and industrial cement construction industry, has announced today that the company will expand their operations in Bogota, Colombia. The company will move to Parque Industrial Acrópolis, known in...
Posted On February 9, 2015
, By Loren Moss
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FedEx Study: Colombian Consumers Prefer Small Retailers, While Catalogs Drive Online Shopping

A new study commissioned by FedEx and conducted by Forrester Consulting reveals that online shopping has largely taken hold in Colombia, and other Latin American markets. Worldwide, online shopping has exceeded $1 trillion (USD) per year, and is forecast to double again in four years. The study, “Seizing The...
Posted On February 9, 2015
, By Loren Moss
Oil Pump Courtesy Kobiecanka - Pixabay
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Gran Tierra Reduces 2015 Colombia Capital Budget To $66 Million USD, Slashes Entire Budget By Over Half To Ride Out Low Oil Prices

Gran Tierra announced that it has reduced its capital budget for 2015 to $140 million.  This is a reduction of $170 million from the previously announced budget of $310 million.   The revised budget for operations in Colombia, Peru and Brazil allocates $50 million to drilling, $40 million to facilities, equipment...
Posted On February 9, 2015
, By Loren Moss
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Fitch: Colombian Merger & Acquisition Market Expected To Stay Hot

Fitch Ratings announced this week that the US based ratings firm expects that favorable financing conditions and projected GDP growth of 3.5% for 2015 bode well for mergers and acquisitions (M&A) activity in the Colombian corporate sector. ‘Colombia has become a vibrant market for M & A during the...
Posted On February 8, 2015
, By Loren Moss
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Business Travel Survey Cites Avianca As Best Airline in South America

Readers of Business Travel Magazine had the opportunity to vote for their favorite products and services, in line with their most efficient, productive and enjoyable travel experiences. The business travelers participating in Best in Business Travel Awards selected the best travel service companies, including...
Posted On February 8, 2015
, By Loren Moss
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US Based Travelers Partners With Brazilian J Malucelli To Take Control Of Cardinal Compañía de Seguros

Bogota Based Cardinal Compañia de Seguros has concluded negotiations leading to The Travelers Companies of The United States partnering with Brasil based J Malucelli to  acquire a majority stake in the upstart surety provider. The company will remain in Bogotá but be rebranded as Travelers J Malucelli. The...
Posted On February 8, 2015
, By Loren Moss
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Brazilian Reinsurer Terra Brasis Enters Colombian Market

Superfinanciera, the Colombian regulator of insurance activities, has given Brazilian Reinsurance provider Terra Brasis Re authorization to enter the Colombian insurance market as a foreign reinsurer, as registered in Colombia’s REACOEX, or Registry of Foreign Reinsurers and Brokers – Registro de Reaseguradores y...
Posted On February 8, 2015
, By Loren Moss
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Latin American Fixed Income Investors Forum To Host Central Bankers, Sovereign Reserve Fund Managers

Global meeting and events organizer Markets Group is gearing up for a one day pan regional meeting hosting leading fixed income investors from throughout Latin America, including pension funds, sovereign reserves, and central bankers. The event is designed to demystify the current low yield environment and to...
Posted On February 6, 2015
, By Loren Moss
Kevin Whitaker, U.S. Ambassador to Colombia with Ximena Agudelo
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US Ambassador Accepts Invitation By Farm Worker, Visits Rionegro Flower Farm

In January, Ximena Agudelo, a Colombian flower worker at the ‘Flores la Esmeralda’ farm near Medellin, sent a hand-written letter to Kevin Whitaker, the U.S. Ambassador to Colombia, thanking the United States for supporting her country’s flower industry. She wrote, “I invite you to visit...
Posted On February 6, 2015
, By Loren Moss
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Gran Colombia Gold Corp. Funds Upcoming Interest Payment On Unsecured Notes Currently In Default

Gran Colombia Gold, the Canadian based gold and silver mining concern, announced today that it sent US$1,058,062 to the trustee to fund monthly interest payments to be made on February 27, 2015 on its Senior Secured Gold-Linked Notes due 2017 and its Senior Unsecured Silver-Linked Notes due 2018. This represents...
Posted On February 5, 2015
, By Loren Moss
Canacol's Capella Oil Field
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Canacol Energy Ltd. Appoints Francisco Diaz to the Board of Directors

Canacol Energy Ltd.  (TSX:CNE; OTCQX:CNNEF;BVC:CNEC) announced last week, the appointment of Francisco Diaz to the board of directors with immediate effect. Mr. Diaz is currently a Managing Partner of Evolvere Capital, a Private Equity firm that manages various portfolio companies in Colombia and Latin America,...
Posted On February 4, 2015
, By Loren Moss
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Avianca Building Major Aviation “MRO” Aviation Maintenance Facility Outside Of Medellín

The Avianca Aeronautical Center is being built adjacent to the José María Córdova International Airport in Rionegro, Colombia, which is the international airport serving Medellín and the surrounding Antioquia department. This is in line with the size of its fleet, which currently comprises 183 current generation...
Posted On February 3, 2015
, By Loren Moss
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Four Seasons Enters Bogotá Hotel Market With 2 Gilinski Group Properties

The Four Seasons Hotels and Resorts, along with regional conglomerate Gilinski Group, today announced new management plans for two hotels in Bogota. Following extensive updates and renovations, the historic Hotel Casa Medina Bogota will re-open as the Four Seasons Hotel Casa Medina Bogota, and the contemporary...
Posted On February 3, 2015
, By Loren Moss
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Airing Soon, Border Contraband Exposé: La Frontera Mas Caliente: Colombia-Venezuela

Above: Contraband gasoline smuggled into Maicáo, Colombia from Venezuela. Photo Credit: Loren Moss MIAMI, Feb. 3, 2015, (PRNewswire) — The border between Colombia and Venezuela is home to some of the world’s richest oil and gas reserves. But it is also a region racked by violence, contraband and armed...
Posted On February 3, 2015
, By Loren Moss
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Cencosud Announces Growth Plans For Next 3 Years

Cencosud (NYSE: CNCO), the South American retailer operating the “Jumbo”supermarkets in Colombia and other South American countries, as well as home improvement stores, shopping centers and department stores in Chile, Argentina, Brazil, Peru and Colombia, announced its guidance for the rest of  2015 today....
Posted On February 2, 2015
, By Loren Moss
Christian Onetto
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Cisco is Bullish on Colombia

Finance Colombia’s Loren Moss sat down with with Christian Onetto, the general manager of Cisco Colombia, to get his take on why Cisco sees such promise in Colombia. Cisco recently moved to expansive, revamped offices in Bogotá’s Usaquen district, complete with Colombia’s first Customer Experience Room, and...
Posted On January 28, 2015
, By Loren Moss
Courtesy Stevepb - Pixabay
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What Colombia’s New Tax Reform Means For You

Through the enactment of Law 1739 of December 23rd, 2014, the Colombian Tax Code was modified and certain mechanisms were created in order to avoid tax evasion. Below are the most relevant issues of the new Tax Reform: WEALTH TAX Taxpayers: Individuals and companies that are income tax taxpayers, as well as...
Posted On January 27, 2015
, By Oscar Jimenez
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Colombian Tax Expert Discusses Forming A Business In Colombia, Tax Ramifications

There are several ways by which a legal entity may be structured under Colombian law, depending upon the circumstances and needs of the foreign investor. In this sense, and even though the following are not the only ways by which a legal entity can be structured in Colombia, they do constitute the most common for...
Posted On January 27, 2015
, By Oscar Jimenez
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Hampton Inn opening in Bogotá’s Usaquén district

Just north of the upscale Hacienda Santa Barbara shopping mall in Bogotá’s Usaquen area, a new Hampton Inn is under construction, at the corner of Ave. 7 and Calle 119. The new Hampton Inn, a Hilton Worldwide brand, is geared to serve Bogotá’s cosmopolitan north side, which is undergoing a construction...
Posted On January 27, 2015
, By Loren Moss
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IHG Opens Second Holiday Inn Express Hotel In Bogotá

InterContinental Hotels Group (IHG)announced the opening of the Holiday Inn Express Hotel & Suites Bogotá Zona Financiera. The new-build, 99-room hotel is a LEED Gold certified property and is located in Bogotá’s financial district at Carrera 7 N. 67-39. The hotel is part of a mixed-use development housing the...
Posted On January 27, 2015
, By Loren Moss
Ford Mustang being loaded for export. Photo courtesy FORD
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Colombian Auto Sales At Record Pace

According to a report jointly produced by the gremios (trade groups) ANDI (National Businessmen’s Association of Colombia), FENALCO (National Federation of Merchants), and the Colombian Automotive Committee, in December 2014 new automobile sales in Colombia surpassed 40,000 units for the first time ever. The...
Posted On January 26, 2015
, By Loren Moss
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Colombia Implements Registry For Sale Of Gold To Combat Money Laundering, Illicit Mining

Starting January 1, 2015, Colombia’s national mining agency, the ANM (Agencia Nacionál de Minas) has implemented a registry of authorized gold traders within Colombia to combat the widespread illicit and informal gold mining. This registry is designed to combat two problems, the health and environmental damage of...
Posted On January 25, 2015
, By Loren Moss
Marinilla, Colombia. Photo Credit: Loren Moss
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Minvivienda Announces Interest Rate Subsidies, Programs for Home Buyers, Free Housing

Vipa, Colombia’s primary mortgage interest rate subsidy program, its initials in Spanish standing for Vivienda de Interest Prioritario para Ahorradores, will continue promoting homeownership in 2015 by offering interest rate subsidies on home loans for families earning up to twice the minimum wage (roughly $275 US...
Posted On January 25, 2015
, By Loren Moss
Headline Photo courtesy Minvivienda - Credit: René Valenzuela. MVCT
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Colombia’s Maximum Rent Increases Nationally Set At 3.66% For 2015

Minvivienda, Colombia’s ministry of housing announced that maximum rent increases for those residential renters in leases that conform to the official rate when adjusting rents a contract anniversary dates will be limited to 3.66%, a rate equal to the rate of inflation determined for 2014. Colombia faces...
Posted On January 25, 2015
, By Loren Moss
Couretesy j26jp - Pixabay
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Pacific Rubiales Stock down 90%—Is It a Possible Takeover Target?

The depressed global oil prices have not been kind to Pacific Rubiales, Colombia’s largest independent oil producer. Heavily staffed with refugees from Venezuela’s PDVSA, the company is finding it even more challenging to create shareholder value than its other petroleum sector peers. The company’s stock price is...
Posted On January 24, 2015
, By Loren Moss
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Understanding Petroleum Production Acronyms, Phrases & Abbreviations

Definitions                                                                                    Bcf Billion cubic feet. Bcfe Billion cubic feet of natural gas equivalent. bbl Barrel of oil. bbl/d Barrel of oil per day. boe Barrel of oil equivalent. Boe’s may be misleading, particularly if used in isolation....
Posted On January 24, 2015
, By Loren Moss
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Gran Colombia Gold to Resume Paying Interest on Senior Debt

Struggling Gran Colombia Gold Corp. (TSX: GCM, OTC: TPRFF) announced today that it has negotiated a favorable contract amendment with the primary contract miner at its Segovia Operations and the company will resume monthly interest payments on February 28, 2015 on its Senior Secured Gold-Linked Notes due 2017. The...
Posted On January 24, 2015
, By Loren Moss
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Colombia’s Mining Regulatory Agency Selects Argus Coking Coal Price Assessments

Colombia’s mining regulatory agency, Agencia Nacionál de Mineria (ANM) has started pricing coking coal for royalty calculations using price assessments published by global energy and commodity news and price reporting agency Argus. This expands Colombia’s innovative use of market-based tax calculations...
Posted On January 24, 2015
, By Loren Moss
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Neuberger Berman Opens 2nd Latin American Office in Bogotá

Neuberger Berman, a New York based employee-owned investment manager, is pleased to announce the opening of a new office in Bogota, Colombia. The office is located on the 14th floor of Calle 100 #7-33, Tower 1. Bogota is Neuberger Berman’s second location in Latin America, following the opening of an office...
Posted On January 24, 2015
, By Loren Moss
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Fitch: Outlook Stable for Colombian Insurance Sector in 2015

Fitch Ratings this week announced a stable outlook for the Colombian insurance industry today. The stable sector outlook reflects Fitch’s expectation that the key credit metrics of the Colombian insurance sector will remain broadly stable and the industry will manage to navigate through upcoming challenges...
Posted On January 23, 2015
, By Loren Moss
Davivienda's Bogotá headquarters. Photo credit: Loren Moss
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Fitch Affirms Davivienda at ‘BBB-‘; Revises Outlook to Positive

Davivienda’s Rating Outlook was revised to Positive given Fitch’s expectation that the banks’ financial profile and performance will continue to improve. The bank’s integration of its subsidiaries in Central America (HSBC’s former subsidiaries in Costa Rica, El Salvador and Honduras)...
Posted On January 23, 2015
, By Loren Moss
President Santos in Bogotá's El Dorado International Airport, flanked by 2 airport employees. Photo credit: Efraín Herrera
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Colombia Announces Plans For Airport Expansions, Including Possible 2nd Bogotá Airport

President Juan Manuel Santos announced Wednesday plans to expand the El Dorado International Airport in Bogotá, which seeks to increase the current capacity of 50 operations per hour and 27 million passengers per year, to 90 operations per hour and approximately 40 million passengers annually by 2021. The...
Posted On January 21, 2015
, By Loren Moss
Mauricio Cardenas, photo courtesy MinHacienda
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Colombia Issues $1.5 Billion (USD) Bonds At Record Low 5% Rate

The bonds, due in 2045, have a 5% coupon, the lowest rate that Colombia has achieved to date. The Ministry of Housing and Public Credit, Minhacienda, completed a successful bond offering today of $1.5 Billion (US), though there was $5 billion worth of demand from 244 institutional bond buyers from throughout the...
Posted On January 21, 2015
, By Loren Moss
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Fitch Affirms Medellín’s International Credit Ratings, Outlook Stable

The ratings firm Fitch reaffirmed its opinion on Medellin’s creditworthiness in a release issued today. Edited excerpts follow: According to Fitch, the rating actions are the result of the city’s relevant role in the Colombian economy; sound, albeit declining, operating margins and significant cash...
Posted On January 20, 2015
, By Loren Moss
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OECD Urges Colombian Tax Reform For Economic Diversification

The Colombian economy has done remarkably well over the last decade, consistently ranking among the fastest-growing countries in Latin America, but a comprehensive tax reform that promotes investment and diversifies the economy is now needed to put the country on a path toward stronger, sustainable and inclusive...
Posted On January 20, 2015
, By Loren Moss
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Foreign Banks Eyeing Colombia

According to a report by Bloomberg, major global and regional banks, both commercial and investment, are looking to increase their stakes and presence in Colombia. Among them, Brasil’s Itaú is said to be purchasing Chilean Corpbanca SA, which recently purchased the majority interest in Colombia’s Grupo Helm’s...
Posted On January 20, 2015
, By Loren Moss
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