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By

//Loren Moss
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First Holiday Inn Express Hotel Opens In Bocagrande, Cartagena

InterContinental Hotels Group (IHG)  [LON:IHG, NYSE:IHG (ADRs)]  has announced the opening of the Holiday Inn Express Cartagena Bocagrande hotel in Cartagena. The new, 200-room hotel is the second IHG property in Cartagena and IHG’s 12th property in Colombia. A third Cartagena...
Posted On April 19, 2015
, By Loren Moss
Finance Colombia editor Loren Moss with publicist Liliana Torres Rios (left), and Vallenato artist Beimar Toledo in the offices of the Consejo de Empresas Americanas
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Photo Brief: Merriment And Mirth At The Council of American Enterprises

Meetings between Finance Colombia and the Council of American Enterprises at the latter’s headquarters in the Chicó district of Bogotá, were pleasantly interrupted by a serenade from Vallenato rising star Beimar Toledo, accompanied by his lovely publicist, Liliana Torre...
Posted On April 19, 2015
, By Loren Moss
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Ruta N Technology Incubator Anchors Medellin’s Innovation District, Driving Business Growth And Social Inclusion

While Colombia’s center of government may rest in Bogotá, the second largest city of Medellín has always been an economic engine and home to some of Colombia’s largest enterprises. Free of the confrontational politics and scandal that have often plagued the country’s capital,...
Posted On April 13, 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
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US ExImBank to Back AugustaWestland Helicopter Deal Serving Colombian Offshore Petroleum Sector

The Export-Import Bank of the United States (Ex-Im Bank) has approved a $22.4 million dollar loan guarantee for Apple Bank for Savings of New York to finance the export of U.S.-made AgustaWestland AW139 helicopters to borrower North Pole Investments in Panama for us...
Posted On April 11, 2015
, By Loren Moss
US President Barack Obana and Panama’s President Juan Carlos Varela look on as (seated, l to r) David Joyce, President of GE Aviation, Jim McNerney, CEO and Chairman of Boeing, Stanley Motta, Chairman of Copa Holdings, and Copa CEO Pedro Heilbron signed documents recognizing the agreement. The airplanes had previously been listed as unidentified on Boeing’s Orders and Deliveries website.
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Copa Airlines Signs $6.6 Billion (USD) Deal For 61 Boeing 737 Aircraft

Copa Airlines (NYSE:CPA) and Boeing (NYSE: BA) announced on Friday, a $6.6 billion US dollar (based on Boeing’s published list prices) order for 61 737 MAX-8 and MAX-9 airplanes, making it the largest commercial transaction between a Panamanian and United States company ever....
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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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
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Jorge Castaño Gutiérrez Appointed Financial Superintendent

Colombia’s finance minister Mauricio Cardenas, through decree 0602 issued on April 7, has appointed Jorge Castaño Gutiérrez as financial superintendent. Castaño has worked with the financial supervisory authority for the past decade, and has most recently served as the director...
Posted On April 9, 2015
, By Loren Moss
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