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Eco Oro Minerals Corp. (TSX:EOM) announced yesterday that Mark Moseley-Williams has been promoted to president and chief executive officer of the company, retaining the title of president. Moseley-Williams previously served as Eco Oro’s president and chief operating...

Petroamerica Oil Corp. (TSX-V: PTA), has announced that it has completed a vertical amalgamation with its wholly-owned subsidiaries, Aries Exploration Corp., Petroamerica Inc. and Petroamerica International Corp. pursuant to subsection 184(1) of the Business Corporations Act of...

Colombia is positioned as a high growth market for the processed foods industry, according to the industry gremio (industry association) ANDI (National Association of Businesspeople). Statistics provided by ANDI indicate that while Latin America regional per capita processed food...

Finance Colombia has learned that Chinese engineering firm ShenZhen Sunwin Intelligent Co. Ltd. intends to open operations in Bogotá. The firm is active in the engineering and fabrication of public transportation technology such as fare collection devices, passenger information...

Colombia will strengthen the quality, efficiency and citizen participation of fiscal controls with support from the Inter-American Development Bank (IDB). The IDB’s $30 million loan is designed to strengthen the Contraloría General de la Republica, the government...

Last week, Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, announced that it has obtained an extension of the waivers previously granted by its lenders in respect of the Net Worth Covenant that requires the company to...

Empresas Publicas de Medellín (EPM) the City of Medellín-owned multinational utility announced last week the signing of a $1 billion USD loan from a syndicate of banks in a club deal to fund growth plans in 2016, including the Ituango hydroelectric project. Bank of America and...

The first of two Four Seasons Hotels has opened in Bogotá Q4 2015. After a multimillion dollar remodel that started in December of 2014, the historic Casa Medina in Bogotá’s Zona-G near the Financial District reopened as Four Seasons Casa Medina. Owned by the Gilinski Group, the...

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON), has announced that Sergio Rivera Jiménez is the new CEO of Aon Benfield Colombia Reporting to Alejandro Galizia, CEO of Aon Benfield Latin America, Mr. Rivera brings extensive...

US President Barack Obama signed into law last month House Resolution 22, the “Fixing America’s Surface Transportation Act,” known by its acronym as the “FAST  Act.” Though ostensibly highway funding legislation, the new law adds Section 7345 to the Internal Revenue Code that...