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//juan manuel santos
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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
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
cropped Photo of Isagen HQ courtesy Isagen
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Colombia’s Stake In Isagen Sold To Brookfield Renewable Energy For $2 Billion USD

Brookfield Renewable Energy Partners L.P. (TSX:BEP.UN)(NYSE:BEP) has committed to acquire 57.6% of the outstanding common shares of Medellín based Isagen S.A. (BVC:ISAGEN) from the Colombian government. In an auction held at 8am today that had only Brookfield as a bidder, the...
Posted On January 13, 2016
, By Loren Moss
cropped Photo of Isagen building HQ courtesy Isagen
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An Auction of One? Only Brookfield Remains As Bidder For Tomorrow’s Pending Isagen Sale

After Colbun dropped out of bidding last Friday (causing Colbun’s stock to rally strongly, up of 3.2%), only one bidder remains in contention for tomorrow’s January 13 auction for Colombian government controlled power producer, Isagen. Isagen is the third largest energy producer,...
Posted On January 12, 2016
, By Loren Moss
Sogamoso Is Isasgen's Most Recent Hydroelectric Project (Photo courtesy Isagen)
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Isagen Auction Slated For Wednesday, Canadian & Chilean Firms Brookfield & Colbún To Vie For The Colombian Power Generator

UPDATE: According to Colombia Reports, Chile’s Colbun drops out of bidding for Colombia’s Isagen on Monday, January 11, 2 days before the slated auction After a series of debates in Congress and conflicting positions between Colombian political parties, the Colombian...
Posted On January 10, 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
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Colombia’s Minimum Wage For 2016 Set At $689,455 Pesos ($217 USD) Per Month. Congress To Get $8,426 USD Per Month

Yesterday, President Juan Manuel Santos, along with Finance Minister Mauricio Cardenas and Labor Minister Luis Eduardo Garzón, signed into law Decreto (Decree) 2552 of 2015, setting the Colombian monthly minimum wage at $689,455 pesos. This power was given to the executive branch...
Posted On December 31, 2015
, By Loren Moss
Colombian President Juan Manuel Santos (right) welcomes US Secretary of State John Kerry to Colombia
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Breaking News: Statement by US Secretary of State John Kerry On Developments In Colombia’s Peace Process

STATEMENT BY SECRETARY KERRY Colombia Peace Process I am very pleased to see that the Colombian government and the Revolutionary Armed Forces of Colombia (FARC) have reached major breakthroughs on the outstanding issues in the peace process negotiations:  transitional justice,...
Posted On September 23, 2015
, By Loren Moss
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Photo Brief: Presidents Santos And Obama Hold Bilateral Meeting During Summit Of The Americas In Panamá

ABOVE:  Colombian President Juan Manuel Santos shakes hands with United States President Barack Obama during a cordial bilateral meeting that they held while the two leaders were attending the Summit of The Americas in Panamá last week. Also attending were Colombian Foreign...
Posted On April 11, 2015
, By Loren Moss
President Juan Manuel Santos
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President Santos Lauds $1 Billion Dollar (US) Bond Placement, Global Investor Confidence in Colombian Economy

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...
Posted On March 24, 2015
, By Loren Moss
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