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EEB Wins Tender To Boost Electrical Capacity in Colombia’s Magdalena Department

Empresa Energía de Bogotá (EEB), parent company of Grupo Energía de Bogotá, was awarded the UPME STR 07-2014 Río Córdoba 220/110 kV tender offer, by Colombia’s Mining and Energy Planning Unit (UPME) last Thursday. The project consists of the construction, operation and...
Posted On April 11, 2015
, By Loren Moss
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Photo Brief: Presidents Santos And Obama Hold Bilateral Meeting During Summit Of The Americas In Panamá

ABOVE:  Colombian President Juan Manuel Santos shakes hands with United States President Barack Obama during a cordial bilateral meeting that they held while the two leaders were attending the Summit of The Americas in Panamá last week. Also attending were Colombian Foreign...
Posted On April 11, 2015
, By Loren Moss
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Jorge Castaño Gutiérrez Appointed Financial Superintendent

Colombia’s finance minister Mauricio Cardenas, through decree 0602 issued on April 7, has appointed Jorge Castaño Gutiérrez as financial superintendent. Castaño has worked with the financial supervisory authority for the past decade, and has most recently served as the director...
Posted On April 9, 2015
, By Loren Moss
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Expert Analysis: Using Big Data To Make Better Decisions in Financial Institutions

Increasingly, the emergence of wireless technologies, intelligent products and businesses defined by software play a key role in the exponential growth of data worldwide. This is corroborated according to a study conducted by EMC Corporation and IDC, which states that the Digital...
Posted On April 9, 2015
, By Salvador Vega
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Delta Announces New Flights From Cartagena and Medellín to Atlanta

Delta Air Lines (NYSE: DAL) has announced expansion to its service between the United States and Colombia with new flights from its largest hub in Atlanta to Medellin and Cartagena starting December 19 of this year. Tickets for the flights are already available for purchase....
Posted On April 9, 2015
, By Loren Moss
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Report: Cali Demanding Attention of Global Investors, as Demonstrated by Giant Hi-Tech Business Park Under Construction

Based on a private report released in November 2014 by the global research firm Everest Group, Cali, Colombia does not necessarily receive the attention it deserves as an ideal global services delivery destination. More famous for its world class salsa scene, its “La Sexta” party...
Posted On March 31, 2015
, By Loren Moss
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Exclusive: Everest Group’s Salil Dani Discusses Colombia’s Back-Office & Processing Services Potential

Global consultancy & analyst firm Everest Group recently released their 2014 Market Vista and 2014 Year In Review, in which they discuss global shared services and outsourcing trends. Latin America is growing as a destination for these services, and Colombia seems to be...
Posted On March 31, 2015
, By Loren Moss
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“Féria de las Dos Ruedas” Motorcycle Industry Trade Show and Exhibition Coming to Medellín May 21-24, 2015

Considered by some to be the premier motorcycle industry event in Colombia; the ninth edition of the Fair of Two Wheels Colombia is bringing an extensive business agenda and many great attractions for industry professionals and motorcycle enthusiasts. This year the fair will open...
Posted On March 30, 2015
, By Loren Moss
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Cencosud Reports Fourth Quarter Profits Up 7%, Net Income Down 35.7%

Cencosud S.A. (BCS: CENCOSUD; NYSE: CNCO), the Chile-based  retailer with presence in five countries, including Colombia, announced Friday its consolidated financial results for the fourth quarter and year-end of 2014. All figures are in Chilean pesos (CLP), except where...
Posted On March 28, 2015
, By Loren Moss
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PRAXIS Launches Mobile Investment App in Colombia

Last week, PRAXIS, a global technology provider headquartered in Mexico, launched PraxFinancial a new tool directed to brokerage firms who want to offer their customers a tool that allows them to invest in the securities market in a simple, quick and novel way and, at the same...
Posted On March 28, 2015
, By Loren Moss
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