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By

//Loren Moss
Big thing inside of Guatapé
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EPM Begins Multimillion Dollar Emergency Repairs on Guatapé Hydroelectric Dam After Parts Arrive From Mexico; EBITDA Hit Estimated At $35 Million USD

The third shipment of electrical cables has arrived from Mexico aboard a Ukraine-flagged, Russian-built specialized transport aircraft to make emergency repairs to EPM’s Guatapé hydroelectric generation facility after an accidental fire on February 15 in an access tunnel took the...
Posted On March 21, 2016
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass To Hold Conference Call On 2015 Yearly & Q4 Results

Barranquilla based Tecnoglass, Inc. (NASDAQ:TGLS, BVC:TGLSC), the manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries headed by brothers Jose Daes & Christian Daes, announced today...
Posted On March 21, 2016
, By Loren Moss
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Caribbean Resources (Pacific Coal) To Delist & Stop Reporting; Cites Hard Times

Caribbean Resources Corporation (TSXV:CRC), formerly known as Pacific Coal, has announced that is has mailed and filed meeting materials with respect to the upcoming special meeting of common shareholders to be held at 11:00 am on Thursday, March 31, 2016 in Toronto. Shareholders...
Posted On March 14, 2016
, By Loren Moss
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Lawsuit Accusing Dole Food Co. Of Financing Paramilitaries Thrown Out Of Court, Plaintiffs & Their Lawyers Sanctioned

Dole Food Company, Inc. today announced that the Los Angeles Superior Court dismissed with prejudice the case Perez v. Dole Food Company, Inc. The lawsuit, which was filed in 2009, had been brought by 167 Colombian plaintiffs claiming that Dole had funded the Autodefensas Unidas...
Posted On March 9, 2016
, By Loren Moss
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Trinidad & Tobago Breaks Through Into Top Tier Of Global Services Destinations

The global landscape for service delivery, whether Business Process Outsourcing (BPO) or in-house shared services is never static. Global executives in the process of short-listing locations are unwise to simply return to the default choices of a decade ago. Things change. There...
Posted On March 9, 2016
, By Loren Moss
Photo courtesy Pixabay
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Inter-American Development Bank & Bancoldex To Fund Colombian Rural Renewable Electricity

The Inter-American Development Bank (IDB), through the Banca Nacional de Desarrollo, has announced the approval of a loan for $9.3 million to promote private investment in the generation of renewable energy in areas of Colombia that are isolated or not interconnected to the...
Posted On February 29, 2016
, By Loren Moss
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Digital Marketing Agency Demand Frontier Stakes Claim In Medellín, Sees Rapid Growth

Demand Frontier is a digital marketing agency founded in Texas, with a rapidly growing outpost in Medellín. The business-to-business firm services Fortune-500 companies from both locations, but sees Colombia as key to its plans for growth. Finance Colombia executive editor Loren...
Posted On February 28, 2016
, By Loren Moss
Bogotá - Villavicencio © Loren Moss
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Sura Asset management & Credicorp Capital Lauch Investment Vehicle To Fund Colombia’s 4G Highway Infrastructure Program

Medellín based SURA Asset Management and Peru’s Credicorp Capital  have announced a strategic alliance creating a new fund in order to invest  $1.3 billion COP (approximately $400 million USD) in Colombia’s “fourth generation” (4G) roadway infrastructure projects. The...
Posted On February 28, 2016
, By Loren Moss
Photo © Loren Moss
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Everest Group Says Colombia Is A Rising BPO Destination, But Needs To Promote Itself Better: Exclusive Interview

The Global analyst firm Everest Group has released a comprehensive, 165 page report (available here) covering global service delivery locations, and the report cites Colombia as a nascent location in the global services market. While the country still has only a small share of...
Posted On February 28, 2016
, By Loren Moss
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OECD: Colombia’s Health Care Is Universal In Coverage, But Serious Accessibility, Parity & Efficacy Challenges Remain

According to an OECD report, Colombia has significantly improved its health system over the past 20 years, leading to a rise in life expectancy and a fall in infant mortality. Infant mortality has fallen from 40 deaths per 1 000 live births in 1970 to 12.8 and life expectancy at...
Posted On February 28, 2016
, By Loren Moss
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