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Above: Contraband gasoline smuggled into Maicáo, Colombia from Venezuela. Photo Credit: Loren Moss MIAMI, Feb. 3, 2015, (PRNewswire) — The border between Colombia and Venezuela is home to some of the world’s richest oil and gas reserves. But it is also...

Cencosud (NYSE: CNCO), the South American retailer operating the “Jumbo”supermarkets in Colombia and other South American countries, as well as home improvement stores, shopping centers and department stores in Chile, Argentina, Brazil, Peru and Colombia, announced its guidance...

Finance Colombia’s Loren Moss sat down with with Christian Onetto, the general manager of Cisco Colombia, to get his take on why Cisco sees such promise in Colombia. Cisco recently moved to expansive, revamped offices in Bogotá’s Usaquen district, complete with Colombia’s first...

Just north of the upscale Hacienda Santa Barbara shopping mall in Bogotá’s Usaquen area, a new Hampton Inn is under construction, at the corner of Ave. 7 and Calle 119. The new Hampton Inn, a Hilton Worldwide brand, is geared to serve Bogotá’s cosmopolitan north side,...

InterContinental Hotels Group (IHG)announced the opening of the Holiday Inn Express Hotel & Suites Bogotá Zona Financiera. The new-build, 99-room hotel is a LEED Gold certified property and is located in Bogotá’s financial district at Carrera 7 N. 67-39. The hotel is part of...

According to a report jointly produced by the gremios (trade groups) ANDI (National Businessmen’s Association of Colombia), FENALCO (National Federation of Merchants), and the Colombian Automotive Committee, in December 2014 new automobile sales in Colombia surpassed 40,000 units...

Starting January 1, 2015, Colombia’s national mining agency, the ANM (Agencia Nacionál de Minas) has implemented a registry of authorized gold traders within Colombia to combat the widespread illicit and informal gold mining. This registry is designed to combat two problems, the...

Vipa, Colombia’s primary mortgage interest rate subsidy program, its initials in Spanish standing for Vivienda de Interest Prioritario para Ahorradores, will continue promoting homeownership in 2015 by offering interest rate subsidies on home loans for families earning up to...

Minvivienda, Colombia’s ministry of housing announced that maximum rent increases for those residential renters in leases that conform to the official rate when adjusting rents a contract anniversary dates will be limited to 3.66%, a rate equal to the rate of inflation determined...

The depressed global oil prices have not been kind to Pacific Rubiales, Colombia’s largest independent oil producer. Heavily staffed with refugees from Venezuela’s PDVSA, the company is finding it even more challenging to create shareholder value than its other petroleum sector...