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//colombia
Guest contributor Carlos Ferrer is the Vice President and General Manager of Unisys for South, Central and Andean Latin America, and the Head of Financial Services for Latin America
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Guest Contribution: Transforming Financial Services With Analytics

We live in a time when every minute we generate millions of records of information that, in a disorganized way, is stored in servers from different companies or networks in the cloud, often without any clear policies on how to manage, process and take advantage of such...
Posted On January 6, 2016
, By Carlos Ferrer
Photo of an example mine courtesy 24ox24 and Pixabay.
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Mark Moseley Williams Named CEO of Eco Oro, Jean Sebastien Blanchette Leaves Board

Eco Oro Minerals Corp. (TSX:EOM) announced yesterday that Mark Moseley-Williams has been promoted to president and chief executive officer of the company, retaining the title of president. Moseley-Williams previously served as Eco Oro’s president and chief operating...
Posted On January 6, 2016
, By Loren Moss
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Colombia’s Processed Food Industry Projected To Grow 51.5% Between 2014-2019

Colombia is positioned as a high growth market for the processed foods industry, according to the industry gremio (industry association) ANDI (National Association of Businesspeople). Statistics provided by ANDI indicate that while Latin America regional per capita processed food...
Posted On January 5, 2016
, By Loren Moss
generic asian bullet train courtesy publicdomainpictures - pixabay
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Breaking News: Chinese Engineering Firm ShenZhen Sunwin Intelligent Co. To Enter Colombia

Finance Colombia has learned that Chinese engineering firm ShenZhen Sunwin Intelligent Co. Ltd. intends to open operations in Bogotá. The firm is active in the engineering and fabrication of public transportation technology such as fare collection devices, passenger information...
Posted On January 4, 2016
, By Loren Moss
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Colombia’s Public Auditor Receives $30 Million USD Loan To Modernize Fiscal Controls

Colombia will strengthen the quality, efficiency and citizen participation of fiscal controls with support from the Inter-American Development Bank (IDB). The IDB’s $30 million loan is designed to strengthen the Contraloría General de la Republica, the government...
Posted On January 4, 2016
, By Loren Moss
Frontera Energy Oil and Gas (Photo credit: generatorpowerproducts / Pixabay)
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Banks Grant Pacific Exploration & Production Temporary Covenant Relief, Fitch Downgrades Credit

Last week, Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, announced that it has obtained an extension of the waivers previously granted by its lenders in respect of the Net Worth Covenant that requires the company to...
Posted On January 4, 2016
, By Loren Moss
Epson LabelWorks LW-400 Label Maker
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Quick Look: Epson LabelWorks LW-400 Office Label Maker

Offices, laboratories, and industrial sites all need to create labels from time to time, and for some entities, all the time. Whether for professionalism, aesthetics, or safety, label makers have become indispensable in these environments. As a commercial sample, Epson Colombia...
Posted On January 3, 2016
, By Loren Moss
Colombia's President Juan Manuel Santos odebrecht
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Colombia’s Unemployment Rate Falls To 7.3%; Lowest In 15 Years

Colombia’s unemployment rate dropped in November to 7.3%, announced Minhacienda, Colombia’s Finance Ministry, along with statistics agency DANE yesterday. The new rate reflects a drop of 0.4 percentage points over the 2014 statistic. The rate in the 13 largest cities was measured...
Posted On December 31, 2015
, By Loren Moss
Parque Caracolí mall in Floridablanca, Colombia, near Bucaramanga, Santander
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Chile’s Parque Arauco Takes Over Colombia Shopping Mall Portfolio Formerly Jointly Owned With Bancolombia & Private Equity Fund

Parque Arauco S.A. (SSE: PARAUCO) (Bloomberg: PARAUCO:CI) announced that last month it completed the acquisition of the remaining 45% equity interest in Inversiones Inmobiliarias Arauco Alameda S.A.S (“IARA”), paying Grupo Bancolombia (“Bancolombia”) COP 222,489 million. Parque...
Posted On December 30, 2015
, By Loren Moss
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Exclusive: PayPal Reveals Its New Colombia Strategy & Embrace Of Small Exporters

2015 was an eventful year for PayPal in Colombia. Just a month after announcing it was re-evaluating its operations in Colombia, and ceasing domestic payments between users, it turned around and announced an exclusive agreement with Colombian bank Davivienda geared towards...
Posted On December 30, 2015
, By Loren Moss
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