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Colombia Investment Summit Seeks Foreign Direct Investment & Strategic Alliances

The 5th annual Colombian Investment Summit is being held October 29 & 30 in the Grand Ballroom of the Grand Hyatt Hotel in Bogota. Sponsored by Colombia’s Ministry of Commerce, Industry & Tourism along with Colombia’s investment promotion agency ProColombia, the event has...
Posted On September 1, 2019
, By Loren Moss
medical marijuana cannabis khiron life sciences pharmacielo new colombia resources (Credit: eujava / Pixabay)
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Cannabis Company Khiron Life Sciences Announces Pilot WIth Colombian Health Provider EPS Sura

Khiron Life Sciences Corp. ( (TSXV: KHRN), (OTCQB: KHRNF), (Frankfurt: A2JMZC), has announced that its wholly-owned clinic network, the Latin American Institute of Neurology and the Nervous System (“ILANS”), has partnered with Colombian health insurance company...
Posted On September 1, 2019
, By Loren Moss
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Avianca Statement: “We May Have Violated The US Foreign Corrupt Practices Act”

Stormy skies are not clearing anytime soon for Avianca, it seems. Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) announced in a new filing with the US Securities and Exchange Commission (SEC) that it may have violated the US Foreign Corrupt Practices Act, or FCPA.  Apparently, the...
Posted On September 1, 2019
, By Loren Moss
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Colombia Gets $15 Million USD Loan From The IDB TO Strengthen Public Sector Management

Colombia will advance in the modernization of public management through the implementation of an innovative Government Center (Smart Delivery Unit) that will incorporate cutting-edge technologies to support evidence-based decision-making processes with a $15 million loan approved...
Posted On September 1, 2019
, By Loren Moss
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Report: 5% of Colombian Companies Have Lost up to $4 Billion COP Due to Cyberattacks.

The improper access and hijacking of information, the loss or damage of sensitive data, the attacks of hackers and the crash of digital platforms are dangers  that companies of the country face day by day, and that according to a BDO study titled Impact of digital security...
Posted On September 1, 2019
, By Loren Moss
Leopoldo Albuquerque (left) of Smart City Business America
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Leopoldo Albuquerque Has A Libertarian Vision Of Smart Cities In Latin America, With The Public & Private Sectors Collaborating Towards Common Goals

Leopoldo Albuquerque is on a mission to make the cities in Latin America smarter. Though you might think of technology first, Dr. Albuquerque is talking about smarter ways of governing and managing public and shared resources. The founder and Global President of Smart City...
Posted On September 1, 2019
, By Loren Moss
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Avianca’s Sturm und Drang Continues With Chairman Calling The Airline “Bankrupt” Then Saying He Didn’t Mean It

Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) stock plunged to an all-time low last week after new chairman and major stockholder Roberto Kriete called the company “Bankrupt” during an internal employee meeting. An internal video was leaked showing Kriete’s comments, which...
Posted On September 1, 2019
, By Loren Moss
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Global Hydropower Latin America 2019 Presents Key LatAm Hydroelectric Projects

On October 9 & 10 in Lima, Peru the Hydropower Latin America Congress and Exhibition will bring together over 300 decision making executives of hydroelectric plants, Latin American ministries of energy, hydroelectric companies, investors, EPCs, equipment and service providers...
Posted On August 30, 2019
, By Loren Moss
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Avianca Chairman Roberto Kriete’s Kingsland Holdings To Loan Avianca $50 Million USD For Working Capital

Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) stated today in an SEC filing that an affiliate of Kingsland Holdings Limited, controlled by Avianca chairman Roberto Kriete, has entered into a commitment to extend a short term secured loan of US$50 million to the Company, subject...
Posted On August 30, 2019
, By Loren Moss
Beautiful Colombian woman shops at PriceSmart
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PriceSmart To Open 3rd Bogotá-Area Store, 8th In Colombia

PriceSmart, Inc. (NASDAQ: PSMT) today announced that on August 21, 2019, it acquired approximately 111,000 square feet of land in the far north of the capital city, Bogotá upon which the company plans to construct its 47th warehouse club.  This club will be located within the...
Posted On August 27, 2019
, By Loren Moss
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