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Gran Colombia Gold, the Canadian based gold and silver mining concern, announced today that it sent US$1,058,062 to the trustee to fund monthly interest payments to be made on February 27, 2015 on its Senior Secured Gold-Linked Notes due 2017 and its Senior Unsecured...

Above: Contraband gasoline smuggled into Maicáo, Colombia from Venezuela. Photo Credit: Loren Moss MIAMI, Feb. 3, 2015, (PRNewswire) — The border between Colombia and Venezuela is home to some of the world’s richest oil and gas reserves. But it is also...

Finance Colombia’s Loren Moss sat down with with Christian Onetto, the general manager of Cisco Colombia, to get his take on why Cisco sees such promise in Colombia. Cisco recently moved to expansive, revamped offices in Bogotá’s Usaquen district, complete with Colombia’s first...

Minvivienda, Colombia’s ministry of housing announced that maximum rent increases for those residential renters in leases that conform to the official rate when adjusting rents a contract anniversary dates will be limited to 3.66%, a rate equal to the rate of inflation determined...

The depressed global oil prices have not been kind to Pacific Rubiales, Colombia’s largest independent oil producer. Heavily staffed with refugees from Venezuela’s PDVSA, the company is finding it even more challenging to create shareholder value than its other petroleum sector...

The bonds, due in 2045, have a 5% coupon, the lowest rate that Colombia has achieved to date. The Ministry of Housing and Public Credit, Minhacienda, completed a successful bond offering today of $1.5 Billion (US), though there was $5 billion worth of demand from 244...

The ratings firm Fitch reaffirmed its opinion on Medellin’s creditworthiness in a release issued today. Edited excerpts follow: According to Fitch, the rating actions are the result of the city’s relevant role in the Colombian economy; sound, albeit declining,...

According to a report by Bloomberg, major global and regional banks, both commercial and investment, are looking to increase their stakes and presence in Colombia. Among them, Brasil’s Itaú is said to be purchasing Chilean Corpbanca SA, which recently purchased the majority...

Friday January 16th at 3:14 p.m., the first Boeing B787-8 of Avianca departed from the El Dorado International Airport in Bogotá en route to New York with 236 passengers and 10 crew. On board this sophisticated aircraft, passengers of route AV 244 will enjoy a more comfortable...

Photo credit: Loren Moss According to statistics released by DANE (National Department of Statistics), Colombia faced a 2014 inflation rate of 3.66%, an increase of 88% over 2013. The government statistics are important because many charges are set and adjusted annually based on...