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"We continue to see an influx of competitors, which is a sign of the Colombia's enduring appeal," says Axel Brohm of Swiss Re.

Isagen will issue the AAA-rated ordinary bonds on September 13 through the Colombia stock market in a Dutch auction.

The ratings agency gave a BBB- rating to Corpbanca Colombia's viability rating, as well as its long-term local and foreign currency issuer default ratings (IDR).

The Banco de la República had pushed the interest rate up by 325 basis points over the previous 11 months to curb out-of-control inflation.

Amid road blocks and bridge damage from a strike in Putumayo, Ecopetrol says up to 40,000 barrels per day of its production is now at risk.

Immunotrex Biologics is partnering with research firm Interventional Concepts on an anti-sepsis compound clinical trial that it intends to hold in Colombia.

The 2.0% figure is below the projections of most analysts in what is shaping up to be an even worse year than expected for Colombia's economy.

If violations are proven, the Superintendency could levy fines as high as $23.7 million USD against each of the involved companies.

Among large Latin American nations — those with more than 20 million people — only Peru outperformed Colombia.

"If you can find a way to streamline the whole process while providing the same level of security, that’s a win/win," says Eric Crabtree of Unisys.