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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...
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,...
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...
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 Cit...
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...
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...
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....
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...
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...
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...
Posted On September 14, 2015
, By Loren Moss
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