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Colombia Leading Growth of 4G LTE Adoption In Latin America; Exclusive Interview With 4G Americas’ José Otero

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...
Posted On April 20, 2015
, By Loren Moss
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After 30% Growth In 2014, Digitex Finds Strong Growth Prospects In Colombia’s Insurance And Finance Sectors

Iberian company Digitex has been experiencing tremendous growth of late, using its global footprint to find success beyond its Iberian home. In 2014 alone, the company realized 30% revenue growth in Colombia alone, providing a mix of technology and services to corporate...
Posted On April 19, 2015
, By Loren Moss
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Exclusive Interview: Praxis Head Discusses Growth in Colombia’s Finance Sector, But Critical Data Security Challenges Remain

Finance Colombia recently sat down with the Director General of Praxis in Colombia, Carlos Chiquillo, fresh off their celebration of a successful first year of operations in the Andean nation. The Mexican based multinational opened operations in Colombia due to strong demand from...
Posted On April 12, 2015
, By Loren Moss
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Unemployment In Colombia Continues At Record Lows

Colombia’s Finance Minister Mauricio Cardenas said Tuesday that the unemployment rate for the country continues its downward trend, reaching 9.9% for the month of February, 2015. “The trend in unemployment continues to fall. The unemployment rate has stood at 9.9% in...
Posted On April 11, 2015
, By Loren Moss
Courtesy byrev - pixabay
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EEB Wins Tender To Boost Electrical Capacity in Colombia’s Magdalena Department

Empresa Energía de Bogotá (EEB), parent company of Grupo Energía de Bogotá, was awarded the UPME STR 07-2014 Río Córdoba 220/110 kV tender offer, by Colombia’s Mining and Energy Planning Unit (UPME) last Thursday. The project consists of the construction, operation and...
Posted On April 11, 2015
, By Loren Moss
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Expert Analysis: Using Big Data To Make Better Decisions in Financial Institutions

Increasingly, the emergence of wireless technologies, intelligent products and businesses defined by software play a key role in the exponential growth of data worldwide. This is corroborated according to a study conducted by EMC Corporation and IDC, which states that the Digital...
Posted On April 9, 2015
, By Salvador Vega
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Exclusive: Everest Group’s Salil Dani Discusses Colombia’s Back-Office & Processing Services Potential

Global consultancy & analyst firm Everest Group recently released their 2014 Market Vista and 2014 Year In Review, in which they discuss global shared services and outsourcing trends. Latin America is growing as a destination for these services, and Colombia seems to be...
Posted On March 31, 2015
, By Loren Moss
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“Féria de las Dos Ruedas” Motorcycle Industry Trade Show and Exhibition Coming to Medellín May 21-24, 2015

Considered by some to be the premier motorcycle industry event in Colombia; the ninth edition of the Fair of Two Wheels Colombia is bringing an extensive business agenda and many great attractions for industry professionals and motorcycle enthusiasts. This year the fair will open...
Posted On March 30, 2015
, By Loren Moss
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Cencosud Reports Fourth Quarter Profits Up 7%, Net Income Down 35.7%

Cencosud S.A. (BCS: CENCOSUD; NYSE: CNCO), the Chile-based  retailer with presence in five countries, including Colombia, announced Friday its consolidated financial results for the fourth quarter and year-end of 2014. All figures are in Chilean pesos (CLP), except where...
Posted On March 28, 2015
, By Loren Moss
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Bancolombia Wins IDB Sustainable Banking Award For Its BanCO2

The Inter-American Development Bank (IDB) announced in Korea today the winners of the fifth annual beyondBanking awards, which recognize best projects and initiatives in the region contributing to the creation of a more sustainable financial sector. The awards were given in a...
Posted On March 27, 2015
, By Loren Moss
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