Tag

Empresas Municipales de Cali (EMCALI) has launched an advanced energy project this summer in the city of Cali, Colombia that will actively manage electrical consumption and supply in selected buildings throughout the capital of the Valle de Cauca. After a successful initial...

South American retailer Cencosud has selected Unisys Corporation (NYSE: UIS) to offer IT help desk services to internal users in Colombia, Chile, Perú, Brasil, and Argentina. The five year deal represents the first time that Cencosud has signed such a deal with a technology...

Gran Tierra Energy Inc.  (NYSE MKT: GTE, TSX: GTE), Calgary, Canada based company focused on oil exploration and production in South America, announced last week, an increased 2015 capital program intended to provide accelerated development drilling at the Company’s core...

Fitch ratings recently published a “Latin American Airlines Dashboard” for the first half of 2015. According to the ratings firm, Latin American airlines face a challenging scenario for the rest of 2015. The benefits from lower fuel costs are being offset by declining yields,...

Colombia’s largest chain of brew pubs, Bogota Beer Company (BBC), has been sold to Ambev, the Brasil based subsidiary of global beer and beverage giant Anheuser-Busch Inbev, owner of brands such as Budweiser, Corona, Skol, and Stella Artois. The transaction was led by Colombian...

The strong U.S. dollar, Colombian peso (COP) depreciation and slow growth in Latin American economies are not expected to be serious threats to the credit strengths of Colombia’s largest private banks, says Fitch Ratings. In a strong dollar environment, Colombia’s...

The utility Grupo EPM (Empresas Públicas de Medellín), owned by the municipal government of Colombia’s second largest city, has reached an agreement to purchase the water utility Aguas de Antofagasta, S.A. (ADASA)  in Chile, subject to Chile’s Empresa Concesionaria de Servicios...

It was only a matter of time before dominoes start to fall in the Andean petroleum sector due to the prolonged low oil prices, and now, Finance Colombia has obtained documents filed with the United States Securities and Exchange Commission (SEC) signaling the intent by Toronto...

Latin America has seen a substantial increase in LTE deployments and subscribers with an impressive 488% annual growth from 2 million LTE connections at end of 2013 to 12 million at the end of 2014. This growth is due in large part to the spectrum auctions that have occurred...

The Export-Import Bank of the United States (Ex-Im Bank) has approved a $22.4 million dollar loan guarantee for Apple Bank for Savings of New York to finance the export of U.S.-made AgustaWestland AW139 helicopters to borrower North Pole Investments in Panama for us...