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Editor’s note: Adrian Rodriguez, partner with the international law firm Lewin & Wills, has graciously allowed Finance Colombia to reprint the answers he prepared for a professional symposium for the benefit of our readers. Mr. Rodriguez may be contacted at the above links....

The Colombian Oil & Gas Congress, organized annually by ACIPET (Acronym in Spanish for the Colombian Association of Petroleum Engineers) and Corferias, is the principal petroleum industry event held in Colombia, and billed by its organizers as the fourth most important in...

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) has issued a statement indicating that, along with partner Anadarko, it has verified the presence of hydrocarbon resources at the ultra-deepwater depth of 3720 meters, via its Kronos-1 well in the Fuerte Sur block. This...

Bogotá’s Knightsbridge School, a part of Knightsbridge Schools International (KSI) has recently received its International Baccalaureate (IB) designation, allowing the school to offer this internationally recognized high-school (secondary, pre-university education) diploma...

In the last two years, the construction sector has grown 9% as a part of the Colombian economy. According to the Colombian Construction Chamber of Commerce (Camacol) estimates, building construction used $28.5 billion in products and services, over 40% more than in 2010; evidence...

Colombia’s Tax Authority, DIAN has clarified the withholding tax rate applicable to payments made abroad based on the provisions of Law 1739 of 2014. Article 28 of Law 1739 of 2014 set forth that revenue obtained by companies and foreign entities, that is not attributable to a...

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...

The General Shareholders’ Meeting of 2015 took place yesterday for Empresa Telefónica de Bogotá (ETB), where an improvement in the telecom’s balance sheet of an increase in equity (25.6%) and a decrease in liabilities (29.1%) during the last three years was the highlight,...

The President of  Colombia, Juan Manuel Santos, said today that Colombia successfully placed a new $1 billion (USD)  bond issue on the global debt market yesterday, demonstrating the world’s confidence in the soundness of the Colombian economy. “We placed  a billion...

While Valentine’s Day has become a holiday celebrated in many countries around the world, attitudes about love and the way it gets expressed vary significantly among nationalities. While in Colombia, like much of Latin America, the Dia del Amor, celebrated the third...