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first data bancolombia colombia (Photo credit: Jared Wade)
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Bancolombia Partners with First Data to Improve Transaction Processing

“We are committed to investing in Colombia, a strategic market that represents huge potential,” said Gustavo Marín of First Data.
Posted On August 4, 2016
, By Jared Wade
One of Avianca new 787s at Medellin's Airport
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Avianca Adds Flights from Colombia to Spain and Bogotá to Cusco

With more planes heading from Spain to Bogotá, Cali, and Medellín, Avianca will now be offering 35 flights per week between the two countries.
Posted On August 3, 2016
, By Jared Wade
stereotheque intalent colombia starup
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Colombian Music Startup Stereotheque Wins First-Place Prize in Latin American Tech Competition

For placing first in the INTALENT competition, Stereotheque wins $10,000 USD and a trip to an upcoming MIT conference for its founder.
Posted On August 3, 2016
, By Jared Wade
uber colombia
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Uber Colombia to Start Accepting Cash Payments in August

The ride-hailing service will begin a trial program of accepting cash payments throughout Colombia, where previously only card-based transactions were permitted.
Posted On August 2, 2016
, By Jared Wade
kennedys law
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Kennedys Law Opens Office in Bogotá to Practice Insurance Law

The move into Colombia is part of Kennedy's larger push into Latin America, and its Bogotá practice will focus on claims, coverage, and corporate law for the insurance world.
Posted On August 2, 2016
, By Jared Wade
Bogotá fitch ratings downgrade city real estate property value rental
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Fitch Downgrades Ratings of Bogotá and Medellín

The downgrades for Bogotá and Medellín — Colombia's two biggest cities — are the same action Fitch Ratings took against the nation's sovereign rating and state-controlled Ecopetrol in July.
Posted On August 1, 2016
, By Jared Wade
maersk colombia juan camilo vásquez
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Maersk Sees Colombia’s Infrastructure, Ports, and New Markets Driving Future Exports

Infrastructure upgrades are helping Colombia become more and more competitive as Colombia looks to diversity its exports, says Juan Camilo Vázquez of Maersk Line.
Posted On July 29, 2016
, By Loren Moss
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Colombia’s Central Bank Raises Interest Rate by 25 Basis Points to 7.75% to Curb Inflation

This marks the 11th consecutive month that the Banco de la República has intervened in a fight against an inflation rate that has hit a 16-year high.
Posted On July 29, 2016
, By Jared Wade
Travelers leaving El Dorado International Airport in Bogotá (Photo credit: Jared Wade)
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One Million More Passengers Have Flown in Colombia in 2016 Compared to Same Time Frame Last Year

January and June have been the highest-trafficked periods so far in 2016, with more than three million fliers in each month.
Posted On July 28, 2016
, By Jared Wade
ecopetrol u'wa gibraltar
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Ecopetrol Reaches Agreement with U’wa Community to Regain Control of Its Gibraltar Gas Plant

The state-controlled oil giant and the U'wa community that has spent decades fighting energy firms have negotiated an end to their standoff in Norte de Santander.
Posted On July 28, 2016
, By Jared Wade
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