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Bogotá Design Festival Returns March 1-5

Various locations throughout the north side of Bogotá will host events that together make up the second annual Bogotá Design Festival, to take place from March 1-5.  The free event seeks to connect citizens and visitors of Colombia with design and innovation, also to contribute...
Posted On February 15, 2016
, By Loren Moss
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Presidents Obama, Santos Mark 15 Years of Bilateral Plan Colombia; Discuss Peace Process, Combating Crime, Zika Virus

Last week, Colombian President Juan Manuel Santos visited US President Barack Obama in the White House to discuss ongoing issues, and commemorate 15 years of US diplomatic, military, and social aid to Colombia via the package known as Plan Colombia. Colombia and Chile are the...
Posted On February 15, 2016
, By Loren Moss
Valentine's day is an important date for Colombian exports (graphic courtesy ProColombia)
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2016 Sees Records Broken For Valentine’s Day Flower Shipments From Colombia To US, Europe, Asia

2016 marked another record year for bilateral trade between Colombia and the US in the area of flower exports. Over half a billion flowers were shipped to North America from Colombia for the Valentine’s day holiday, last Sunday. According to ProColombia, Colombia’s export...
Posted On February 15, 2016
, By Loren Moss
EIG Global Energy Partners’ CEO and Harbour Energy’s co-chairman R. Blair Thomas
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Harbour / EIG continues pursuing Pacific Exploration & Production, Reduces Tender Offer For Debt To 16% Of Face Value

While initially offering $175 per $1,000 face value of delinquent Pacific Exploration & Production (TSX: PRE) (BVC: PREC) notes due between 2019 and 2015, Harbour Energy subsidiary EIG Pacific Holdings has revised downward its offer to $160 per $1,000 face value, and amended...
Posted On February 11, 2016
, By Loren Moss
Corferias hosts many events such as ExpoVino 2015 pictured here (photo credit: Loren Moss)
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ProColombia Hosting Macrorrueda 60: International Business Matchmaking Forum At Corferias In March

Macrorrueda 60, the Colombian Business Matchmaking Forum, sponsored by ProColombia will take place March 17-18, 2016 at the Corferias conference center in Bogotá. The event aims to introduce 2,000 Colombian suppliers with more than 1000 international buyers. During this 2-day...
Posted On February 11, 2016
, By Loren Moss
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Pacific Exploration Gets Another Extension On Liquidity Deadline To February 26, Still In Arrears

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that the Toronto based petroleum company’s lenders have agreed to extend the liquidity deadline to 11:59 pm EST on February 26, 2016, which is the end of the existing waiver period. The waivers...
Posted On February 5, 2016
, By Loren Moss
The Techniamsa Waste Incenerator in Mosquera, outside of Bogotá is a Findeter financed project. (photo courtesy of Findeter)
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Colombia’s State-Backed Development Banks In Good Shape, Says Fitch

Fitch Ratings last week published a peer review of four state-owned financial institutions in Colombia: Banco Agrario de Colombia S.A. (Banagrario), Banco de Comercio Exterior de Colombia S.A. (Bancoldex), Financiera de Desarrollo Nacional S.A. (FDN) and Financiera de Desarrollo...
Posted On February 3, 2016
, By Loren Moss
Bruno Freire is the CEO of Rio de Janeiro based Austral Resseguradora
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Brasil’s Austral Resseguradora Expands Into Colombia & Ecuador

Five year old Brazilian reinsurance company Austral Resseguradora has received authorization to operate in Colombia and Ecuador, the Rio de Janeiro firm has announced. The firm is a subsidiary of Austral Participações S.A. Aside from operations in Brasil, Colombia and Ecuador,...
Posted On February 3, 2016
, By Loren Moss
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Fundación Cardiovascular de Colombia Does Sale-Leaseback Of Bucaramanga Hospital With Rizk Ventures & Goldman Sachs

Rizk Ventures, LLC has announced that its subsidiary Rizk Ventures Colombia and Goldman Sachs have created a joint venture to invest in sale-leaseback transactions in the Colombian hospital market. The joint venture has already consummated its first sale-leaseback transaction of...
Posted On February 3, 2016
, By Loren Moss
Photo courtesy jarp - pixabay
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Canadian Owned PharmaCielo Asks Colombian Government For Medical Marijuana License

Privately held PharmaCielo Ltd. today announced that its Rionegro, Colombia based subsidiary, PharmaCielo Colombia Holdings S.A.S. has submitted its formal application to Minsalud, Colombia’s Ministry of Health, and the Consejo Nacional de Estupefacientes (National Drugs Council)...
Posted On February 3, 2016
, By Loren Moss
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