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Oil Pump Courtesy Kobiecanka - Pixabay
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Pacific Rubiales Acquisition is Dead: ALFA and Harbour Request Termination of Agreement

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) today announced that, at the request of ALFA, S.A.B. de C.V and Harbour Energy Ltd. it has terminated the arrangement agreement for a takeover of Pacific Rubiales that was agreed to on May 20, 2015. The purchase price of $6.50...
Posted On July 8, 2015
, By Loren Moss
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Guest Analysis: Both Investors and patients Flocking to Colombia’s Clinics and Hospitals

Surgery sounded like it was going cost Edward Janssen an arm and a leg. Even though he had medical insurance, his deductible created out-of-pocket expenses that would force the 58-year-old construction worker from Kansas to go to great pains to come up with the $80,000 to pay for...
Posted On July 8, 2015
, By Renée-Marie Stephano, JD
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Aerocivil Awards Air Traffic Control Modernization Contract To Rohde & Schwarz

Aerocivil, the Colombian Civil Aeronautics Special Administrative Unit (UAEAC) has awarded Rohde & Schwarz a contract to modernize the country’s civilian air traffic control (ATC) system over the coming months with a target completion date of February 2016. The...
Posted On June 29, 2015
, By Loren Moss
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Cúcuta Receives Its First Holiday Inn Hotel

Global hotel operator InterContinental Hotels Group (IHG), has announced the opening of the Holiday Inn Cúcuta hotel. The newly constructed, 98-room hotel is IHG’s first property in the city of Cúcuta and the fourth Holiday Inn hotel in Colombia. Amenities at the Holiday In...
Posted On June 29, 2015
, By Loren Moss
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Op/Ed: Three Reasons for CIOs to Love Their Bank’s Shadow IT

There’s no doubt that shadow IT, the term used to describe the systems and solutions for Information Technology that are installed and used in organizations without the explicit authorization of the company, poses a real and urgent risk to banks. But shadow IT can also be a boon...
Posted On June 29, 2015
, By Fernando Gómez
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Medellín To Host 1st Latin America / Caribbean SME Financing Innovation Forum

Although small and medium-sized enterprises (SME) are the main driving force behind the economy of Latin America and the Caribbean, their main barrier to growth is a lack of access to resources. The financing gap for SMEs in the region is estimated at between $210 billion and...
Posted On June 28, 2015
, By Loren Moss
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Everest Group Expert Analysis: Colombia To Lead The Next Wave Of Global In-House Centers (GICs)

Global consulting and research firm Everest Group recently released its Global In-house Center (GIC) Landscape Annual Report 2015, in which it reported that the global services market reached US$150 billion in 2014 and GIC model contributed to 25 percent (US$35-40 billion) of...
Posted On June 28, 2015
, By Anurag Srivastava
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Table Trac Signs Significant Casino IT Deal With Colombian Operators

Table Trac, Inc. (OTCQB: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, announced this month that it will be providing its CasinoTrac Casino Management System to new multiple site gaming operators...
Posted On June 28, 2015
, By Loren Moss
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Ecopetrol Reports Advances In Managing Tumaco Spill

Colombian petroleum producer Ecopetrol has announced today that it has made significant strides in containing the oil spill caused June 22 by the FARC terrorists in Tumaco, thanks in large part to multilateral support from Colombia’s armed forces and national police. Barriers...
Posted On June 28, 2015
, By Loren Moss
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Gran Colombia Gold Elects Board Of Five Directors, KPMG As Auditor

Gran Colombia Gold Corp.’s (TSX: GCM, OTC: TPRFF) Annual Meeting of Shareholders was held on Friday June 26, 2015. The board of directors was set at five members, the board was elected, and KPMG was appointed as auditor. Item No. Description of matter Outcome of vote Voted...
Posted On June 28, 2015
, By Loren Moss
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