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//colombia
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Colombia’s President Ivan Duque To Tap Ecopetrol For $1 Billion USD To Fund Promises, Quell Protests

At the instruction of the Colombian President Ivan Duque’s finance ministry, Colombia’s state-controlled petroleum company, Ecopetrol (NYSE: EC, BVC: ECOPETROL) has called for an extraordinary meeting of shareholders for December 16th at 7:30am in Bogotá’s Corferias...
Posted On December 2, 2019
, By Loren Moss
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Chevron Sells Colombia Upstream Operations To Ecopetrol Subsidiary Hocol

US based petroleum supergiant Chevron-Texaco (NYSE: CVX) and Colombia’s state controlled Ecopetrol (NYSE: EC, BVC: ECO) Subsidiary Hocol have announced the inking of a deal for Hocol to acquire Chevron’s 43% stake and operational responsibility in the Asociación Guajira project,...
Posted On November 29, 2019
, By Loren Moss
movistar colombia fine million ultramagic
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Telefonica Seeking To Spin Off Non-Brazil Latin America Operations

Spanish telephone company Telefónica (BME: TEF) announced this week in a letter to from the CEO that it intends to spin off its Spanish-language Latin America operations in order to focus on business in Spain, Brazil, Germany and the United Kingdom. According to the company in a...
Posted On November 29, 2019
, By Loren Moss
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Sickening Police Violence & Vandalism Tarnish Colombia’s Largely Peaceful Protests

Colombia’s National Strike that took place yesterday, November 21 was overwhelmingly peaceful—depending upon where one was. Medellín and Cartagena saw almost completely peaceful protests, while Cali saw incidents of violence, and predictably, Bogotá saw massive acts of vandalism...
Posted On November 22, 2019
, By Loren Moss
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Analysis: What does Colombia’s “Day of Rage” mean for Business & Politics?

Yesterday in Colombia the country saw massive protests in every major city and in many small towns and even rural villages. The marches, largely peaceful with some exceptions in Bogotá, Cali and some looting in the small, impoverished city of Buenaventura, were a perfect storm of...
Posted On November 22, 2019
, By Loren Moss
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4th Annual Colombia Gold Symposium Solidifies Its Position As Most Important Gold & Copper Event For Colombia & Ecuador

The 2019 Colombia Gold Symposium was held once again last week from November 12-13 in Medellín’s Hotel San Fernando Plaza. The unique event brings together each year investors, operators, explorers and service providers in the gold, silver and copper mining sector across Colombia...
Posted On November 18, 2019
, By Loren Moss
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Bogotá Real Estate Investor Habi Closes $5.5 Million Pre-Seed Round From Venture Capital Investors

Bogotá-based real estate company Habi today announced that it has closed a $5.5 million pre-seed round led by Tiger Global Management, with participation by investors Homebrew and Zigg. Reshape Holdings, FJ Labs, Supernode Ventures and other investors. According to its website,...
Posted On November 18, 2019
, By Loren Moss
banco de bogota banco de bogotá bancolombia colombia
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Grupo Aval’s Banco de Bogotá To Buy Panamá’s Multi Financial Group; Moody’s Says Outlook Remains Negative

Banco de Bogotá has reached an agreement with Multi Financial Group (MFG), Panama’s eighth largest banking group by assets, to acquire 100% of its common capital for about $730 million dollars in an all-cash transaction. The proposed acquisition will add $5 billion to Banco...
Posted On November 18, 2019
, By Loren Moss
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Colombian Government Accepting Bids For Registry Operation & Management of the .CO Top Level Domain

Colombia’s Ministry of Information Technology & Communications (MinTIC) has published information and documents related to the Dominio.Co project, instructions on submitting a proposal to manage and serve as the registrar for the .CO top level domain. US based Neustar...
Posted On November 18, 2019
, By Loren Moss
Casa del Marqués de Valdehoyos. Photo credit: Cancillería de Colombia
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Colombia, United States Hold Extradition Talks in Cartagena

Colombian and US officials met last week at the historic residence of the Marquis de Valdehoyos in Cartagena, Colombia for official talks titled “Consultations on Extradition and Mutual Legal Assistance to be held between the United States and Colombia.” The meeting was part of...
Posted On November 18, 2019
, By Loren Moss
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