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January 8 (Renewables Now) - IDB Invest, the private sector institution of the Inter-American Development Bank (IDB), has signed a USD-1-billion (EUR 831m) loan to develop 2.4 GW of hydropower in Colombia.The senior unsecured A/B loan package was given to local Empresas Publicas de Medellin (EPM) to build the Ituango hydropower plant (HPP) in the northern region of Antioquia, IDB Invest said.
Summary: Colombia's unemployment rate in October fell to 8.6%, from 9.2% in September, reaching the lowest level since November 2016, said the country's statistics office.
Summary: The Inter-American Development Bank (IDB) has approved a US$300mn loan to support renewable power and energy efficiency projects in Colombia.
Summary: Colombia is slowly re-entering the market after Coljuegos regulation drove online poker and gambling operators out of the region.
Summary: Bogotá´s tourism GDP accounts for 2.5% of the city´s economy, a total of US$1.8bn, revealed a new report by the World Travel & Tourism Council (WTTC), Latin America City Travel & Tourism Impact. Bogotá`s tourism economy represents 29.1% of Colombia’s tourism activity.
Summary: The Organization for Economic Cooperation and Development (OECD) estimates that the Colombian economy should grow in 2017 at a 1.7% annual rate.
Summary: Colombia is working with the Tropical Forest Alliance 2020 to convene a multistakeholder platform of buyers, producers, international donors, NGOs and civil society organizations to protect the Amazon rainforest
Summary: BOGOTA, Nov 28 (Reuters) - Colombian electricity company ISA issued 500 billion pesos ($167 million) of local bonds on Tuesday, the company said, to help it finance investment plans.
Summary: Foreign trade in containers maintains a positive pace, according to AP Moller Maersk's latest report. This is thanks to the increase in exports that reached double digits in the third quarter of the year, as they increased by 12.34% over the same quarter of 2016.
Summary: By January 2019, all companies that pay VAT in Colombia will be required to comply with mandatory e-invoicing as the country aims to curb tax evasion and increase collections. However, businesses with operations in Colombia must begin preparing now.
Summary: To expand its reserves and reach a goal of producing up to 725,000 barrels of petroleum-equivalent per day next year, Colombian state-controlled oil giant Ecopetrol has unveiled an ambitious plan to invest between $3.5 billion USD and $4 billion USD in 2018, the company announced last week.
Summary: Colombia’s government on Sunday vowed to ban mining in the unique Sierra Nevada mountain range after protests by indigenous communities that live in the nature reserve.
Summary: Of the growing number of coffee companies overseeing their product fully from end to end — from farm to cup, so to speak — many involve relatives or business partners establishing roasteries in traditional consumer markets overseas.
Summary: Between January and October 2017, 543 containers filled with cape gooseberries and gulupas have been exported to the entire world from the Port of Santa Marta, i.e. 63% more than in the same period of the previous year.
Summary: Eight Colombian municipalities banned mining in their jurisdictions after local referendums won a majority vote in support of banning mining.
Summary: SAN JACINTO, Colombia – President Juan Manuel Santos unveiled 11 new scenic routes for tourists this weekend as part of a new campaign aimed at getting domestic and foreign tourists to explore the South American country.
Summary: The Colombiatex de las Américas, the most important trade showcase of the textile-garment sector, in Latin America will begin on January 23, 2018 in Medellin, Colombia, with the theme ‘Open Your Eyes’. It will be a three-day affair. More than 550 national and global exhibitors and nearly 15,800 buyers are expected to open the business agenda at the event
Summary: Colombia’s central bank extended the deepest series of interest rate cuts since the global financial crisis, and signaled that there may be more to come, as it tries to revive an economy that has been in the doldrums for two years.
Summary: In Colombia, whole villages are suffering due to the mining of coal which is destined for Europe. However, the local villagers are now unionising and fighting for more rights.
Summary: Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that its Board of Directors, meeting in ordinary session on November 16, 2017, authorized Dr. Felipe Bayón Pardo, Chairman and Company Legal Representative, to purchase up to the equivalent of COP$ 15,000,000 (fifteen million Colombian pesos) of Ecopetrol shares.
Summary: Colombia's Grupo de Energia de Bogota (GEB) said Thursday it has yet to commit to a second phase of its divestment in gas distributor Promigas amid tepid investor interest.
Summary: For many years Colombia was considered a no-go destination due to its association with civil war and drug-related violence. Following the signing of the peace deal between the Colombian government led by President Juan Manuel Santos and the Fuerzas Armadas Revolucionarias de Colombia (Farc) in November 2016, the number of holiday makers heading to Colombia looks set to increase dramatically. The Colombian tourism ministry has already registered a 20% increase in foreign visitors in August compared with the same month last year.
Summary: Venezuelan state-run oil company PDVSA [PDVSA.UL] is in contract talks to export natural gas to neighbors Colombia, Trinidad and Tobago, and Aruba, a company official said on Wednesday.
Summary: Colombia's Constitutional Court overturned a 2001 law that gave the federal government ultimate say ove where mining projects took place. It's a victory for local communities, but with the governement in need of billions to bank roll peace programs, can it last ?
Summary: Colombia’s state-run oil company Ecopetrol said on Wednesday it would invest between $3.5 billion and $4 billion during 2018, largely in production and exploration projects.
Summary: Avianca Holdings SA reported a net income of $36.1 million USD in the third quarter despite operations being disrupted by a pilot strike that left the airline without more than half of its pilots in Colombia for around two months.
Summary: The tender for a new PPP contract to dredge an important section of Colombia's Magdalena river has been delayed once again.
Summary: BOGOTA: Disappointing third-quarter growth figures, falling inflation and recent comments by central bank board members could mean a cut in Colombia’s benchmark interest rate at a meeting on Friday, according to a Reuters survey of analysts.
Summary: Colombia’s recovery in coffee output, and exports, will progress faster than had been thought this season, US officials said – but on an assumption of “normal” weather, even as ideas of La Nina grow.
Summary: Amerisur Resources PLC on Tuesday said the initial phase of long term test of the Mariposa-1 discovery well in the Llanos basin, Colombia, has commenced, with production starting at a "conservative" initial rate.
Summary: Disappointing third-quarter growth figures, falling inflation and recent comments by central bank board members could mean a cut in Colombia’s benchmark interest rate at a meeting on Friday, according to a Reuters survey of analysts.
Summary: On the first anniversary of the historic signing of a Peace Agreement between the Colombian Government and the country's largest guerrilla group, the Revolutionary Armed Forces of Colombia (FARC), a group of Colombian women are in London urging the international community to ensure the agreement fulfils its promises to women.
Summary: What’s the best you can hope for from a work placement? Connections in your industry of choice? A big name on your CV, perhaps? A job?
Summary: In this article, José Francisco Mafla and Camilo Castrill at Brigard & Urrutia Abogados explore the development of trade throughout Latin America, and its effect on and importance for the region’s economic growth.
Summary: THIS WEEK: Clean energy investment in Latin America drops in 2016; Colombia to hold renewable energy auctions; Vaquita marina capture suspended.
Summary: There is space for Colombia's central bank to continue to trim its 5 percent interest rate to stimulate economic expansion as inflation worries ease, the finance minister and the head of the central bank board said on Friday.
Summary: Colombia’s state-run oil company Ecopetrol ECO.CN, in partnership with Spain’s Repsol (REP.MC), has acquired four new blocks in the Gulf of Mexico for deep water oil exploration, Ecopetrol said on Friday.
Summary: Almost half of Colombia’s ecosystems is threatened and almost a quarter is in a critical state as the country’s environment is facing unprecedented destruction, according to an alarming report by the World Wildlife Federation (WWF).
Summary: Colombia's central bank will hold the benchmark interest rate at 5 percent through the end of the year, before trimming it in January, according to a survey of analysts conducted by the bank and released on Thursday.
Summary: The northwestern Colombian province of Antioquia, whose industrious inhabitants forged a vibrant culture more than 200 years ago amid the Andes mountains, now is looking to boost its global competitiveness with an ambitious 40-trillion-peso ($13.2-billion) infrastructure program.
Summary: Colombia's government lowered its full-year growth estimate to 1.8 percent on Wednesday as Finance Minister Mauricio Cardenas lamented that the Andean nation's economy was still performing "below potential."
Summary: Common sense would tell you that the biggest winners in a price rally of a commodity would be the biggest producers of the commodity that is rallying. This is certainly true for the latest oil price development, but some of the winners might surprise you, as listed by Nomura.
Summary: Colombia’s former Vice President and current presidential candidate, Germán Vargas Lleras outlined a proposal today for tax reform in the Andean nation. The proposal is the centerpiece of the candidate’s campaign in the forthcoming presidential election.
Summary: Colombia's public utility company Grupo de Energia de Bogota will issue 550 billion pesos ($183 million) in local bonds, the company said on Tuesday, to finance investments and for debt refinancing.
Summary: Colombia’s central bank raised the projected economic growth for 2018 to 2.7% as the South American country recovers from the 2014 drop in commodity prices.
Summary: Domestic grey cement deliveries by Colombian cement producers in September 2017 reached 1.023Mt, up 0.8 per cent YoY and an improvement when compared the 11.2 per cent fall to 1.015Mt reported in September 2016, according to Colombia’s statistics office, DANE.
Summary: Colombia and the United Arab Emirates signed on Sunday two agreements on double taxation and investment promotion in the framework of the visit of the Colombian President Juan Manuel Santos to the Arab country.
Summary: Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI), a South America-focused gold producer, developer and explorer, is pleased to provide a preliminary update from its current drilling programme at its APTA target in the Company’s wholly-owned high-grade Anzá gold project located in the Mid Cauca Gold Belt in Colombia.
Summary: Colombia’s licensed online gambling operators will soon be able to add live-dealer casino games and other products, as well as share international liquidity for online poker and exchange betting.
Summary: Oil and gas producer Amerisur Resources PLC said Monday it has spudded its Platanillo-27 well at the Platanillo block in Colombia, with testing on the Mariposa-1 site to begin shortly.
Summary: Colombia’s highest court for administrative matters has issued a ruling that could force oil and mining companies in the country to pay millions more dollars in income tax next year. Currently, however, various stakeholders in the nation continue to have differing interpretations on the ruling’s actual impact.
Summary: Bonds & Loans speaks with Mauricio Acosta, Director of Treasury and Javier Dorich Doig, Market Analysis and International Sales Manager at Banco de Bogotá about the bank’s funding strategy for next year and the outlook for the Colombian economy as the country seeks to break its longstanding dependency on oil.
Summary: Colombia's President Juan Manuel Santos on Friday hailed his country's peace deal with the FARC guerrilla group as a chance to preserve his country's biodiversity after decades of violence.
Summary: The Colombia Gold and Copper Symposium (CGCS) is rapidly establishing itself as one of the must-attend events for the mining and exploration sectors in Latin America, with an increasing number of companies presenting and delegates from around the world attending to find out more about gold and copper project opportunities in Colombia and the region.
Summary: Growth in Colombia's mobile market has slowed in recent years though it retains significant potential, particularly in the mobile broadband sector where penetration is still low and where strong demand exists in rural areas where fixed-line infrastructure remains poor. The market has seen considerable competition from the MVNO sector, with Virgin Mobile alone having almost 2.6 million subscribers as of mid-2017.
Summary: After living in the United States for 18 years, I decided to return to Colombia in 1997. My plan was to invest in real estate and work in the flooring industry, because that was my trade. However, my Colombian family were pioneers in the moving business dating back to the 1950s; and in 1978, I was offered the chance to purchase one of our established companies in Cali, Colombia.
Summary: As the 1980s rolled around, the Colombian market was cluttered with various smaller carriers hoping to dethrone the national flag carrier, Avianca. One of those airlines was the small domestic carrier, Aerovias de Integracion Regional SA, also known as AIRES Colombia. The carrier started operations out of their hub in Bogota, Colombia’s capital city , in 1981.
Summary: Climate scientists have long observed the adverse impacts of global warming on forest tree and plant species in tropical regions, which force upslope migrations as these species struggle to repopulate and stay within their narrow temperature comfort zones.
Summary: Colombia's economic estimates for next year justify a more expansionist monetary policy, though future cuts to the interest rate will depend on inflation consolidating at 3 percent, said central bank board member Juan Pablo Zarate.
Summary: The president of the Inter-American Development Bank (IDB), Luis Alberto Moreno, the president of Financiera de Desarrollo Nacional (FDN), Clemente del Valle, and the CEO of IDB Invest, James P. Scriven, signed an agreement equivalent to approximately $200 million to promote infrastructure investments in Colombia.
Summary: Colombia’s state-controlled oil producer Ecopetrol on Tuesday reported net income rose more than fourfold to 1 trillion pesos ($328.5 million) for the third quarter due to cost reductions and as global prices for crude oil improved.
Summary: Aviance Holdings S.A. still in the midst of a pilot strike that has disrupted operations for two months in Colombia, closed recently on the acquisition of a 90% stake in Servicios Aeroportuarios Integrados (SAI).
Summary: Banco Santander de Negocios Colombia joined the ACH Colombia network last month in a move to bolster its digital payments and electronic transfer capabilities. Through the network, the Spanish commercial bank will be able to make more secure interbank transfers and use ACH’s “PSE Button” to offer Secure Payments Online (Pagos Seguros En Linea).
Summary: Colombia’s prosecution has urged stricter gun control measures and increased efforts to curb arms trafficking to lower the country’s high number of gun-related deaths, newspaper El Tiempo reported Tuesday. The prosecution reportedly said that the availability of both legal and illegal firearms has been a direct cause of the country’s high homicide rate.
Summary: A Colombian start-up is using drones to improve access to health care for people living in remote areas.
Summary: Colombian coffee production during October 2017.
Summary: Colombia's Ecopetrol is not currently exporting low-density polyethylene to Brazil because of less domestic ethylene availability tied to recent maintenance, market sources said Monday.
Summary: Colombia's Producer Price Index (PPI) rose 1.73% in October on an annual basis, accelerating to the fastest pace since February, the country's statistics office said on Friday - up from 1.19% in September.
Summary: The Colombian government has issued a decree allowing Colombian companies to acquire investment fund shares abroad. The Ministry of Finance said the move is aimed at facilitating the participation of Colombian investors in securities markets of other countries.
Summary: The Bogotá City Council and national government approved a 15 trillion pesos ($4.9 billion USD) agreement last week to co-fund the city’s long-awaited metro system, and the parties now have until November 11 to iron out the details before a law kicks in that would shelve the project until after next year’s presidential elections.
Summary: Ecopetrol (NYSE: EC) is one of 23 public companies in the “Integrated Oil & Gas” industry, but how does it contrast to its peers? We will compare Ecopetrol to similar businesses based on the strength of its risk, dividends, institutional ownership, earnings, valuation, profitability and analyst recommendations.
Summary: Colombia's consumer prices rose 0.02 percent in October, the government's statistics agency said on Saturday, taking cumulative 12-month price growth to 4.05 percent.
Summary: A project to install waste-to-energy technologies in Bucaramanga, located in Colombia's Santander department, faces uncertainty as the city government has decided to postpone the acquisition process for these technologies.
Summary: Latin American financial institutions are showing huge interest in DLT technology.
Summary: Colombia will allow local brokerages and fiduciaries to invest in foreign funds to diversify their portfolios, the finance ministry said on Thursday.
Summary: Juan B. Perez Hidalgo, president of Colombian gaming regulator Coljuegos, has revealed that the organisation expects to award “at least two more” online gaming licences before the end of the year.
Summary: Colombia's central bank will make further cuts to the benchmark interest rate if inflation continues its downward trend, board member Adolfo Meisel, who estimates consumer prices will continue to ease, said on Wednesday.
Summary: Developing rural areas will be hard – and expensive. How will Colombia pay for it? As far as the greater good is concerned, the benefits of Colombia’s peace deal are hard to deny. After more than half a century of war?—?and despite remaining divisions in Colombian society?—?one of the largest obstacles to long-term prosperity has been removed.
Summary: Colombia reported exports worth $3.28 billion in September, up 19.3 percent compared with the same month last year, the government's DANE statistics agency said on Wednesday.
Summary: The public utility company owned by the Colombian city of Medellin has issued 2.3 trillion pesos ($764 million) in bonds on the international market in a bid to pay dollar-denominated debt, the company said.
Summary: The Asociación para el Desarrollo Integral del Transporte Terrestre Intermunicipal de Pasajeros (Aditt) public transport sector providers association has reported that the roadblocks erected by indigenous protesters in 24 of Colombia’s 32 departments are producing Col$250m (US$82,194) in losses a day for the sector.
Summary: Mexico-based Cemex has been chosen to participate in the construction of the Rio Magdalena 2 Highway, a large infrastructure project currently underway in Colombia.
Summary: The coffee crop splashes the green mountains of Colombia with red, attracting a floating workforce of indigenous people in the fields of South America's second-largest producer after Brazil.
Summary: The government in Colombia is undertaking a study for the development of terminals across 17 ports, distributed between the country’s Caribbean and Pacific coasts. These are seen as medium-term projects and their establishment would help upgrade existing logistics provision in the country.
Summary: BOGOTA, Oct 31 (Reuters) - Colombia's government said on Tuesday it pre-paid 1.5 trillion pesos ($493 million) of domestic debt that was to come due next year, though it left unchanged bond issues planned for this year and 2018.
Summary: At the recent PMA Fresh Summit 2017 in New Orleans, Produce Report spoke with Juan Camilo Barrera, ProColombia’s agribusiness director, as to Colombia’s thriving avocado market, potential for increased co-operation with China, and its future as an agricultural exporter.
Summary: Private oil and mining firms in Colombia have been registered as public entities with the country’s tax office since 2005, according to newspaper El Tiempo.
Summary: Latin American countries must overcome significant infrastructure problems before transitioning to more sustainable forms of energy, according to a panel of energy experts Oct. 27.
Summary: Nationwide Fund Advisors trimmed its position in Ecopetrol S.A. (NYSE:EC) by 78.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
Summary: Colombia's central bank unexpectedly lowered the benchmark interest rate to 5 percent on Friday, as policymakers seek a boost to economic growth even amid uncertainty about the rate of inflation.
Summary: Ecopetrol (NYSE: EC) is one of 23 public companies in the “Integrated Oil & Gas” industry, but how does it weigh in compared to its rivals? We will compare Ecopetrol to similar businesses based on the strength of its valuation, profitability, analyst recommendations, institutional ownership, dividends, risk and earnings.
Summary: From November 20-22, the 2nd Annual Model Development, Validation and Risk Management in LatAm conference will be hosted in the Chilean capital Santiago.
Summary: Fitch Ratings affirmed Colombia's BBB rating with a stable outlook, as it reflects the country's long history of macroeconomic and financial stability. According to the report, Colombia's economy has adjusted to the sharp fall in oil prices abroad and the terms of trade have begun to improve.
Summary: Production of goods and services leads businesses to use water, fuels and metals, which entails waste and emissions. In Colombia, agriculture and cattle grazing contribute only 6% of Gross National Product (GNP), but consume 40% of the country’s water, generating 48% of greenhouse gases.
Summary: The stock of Ftse Colombia 20 Index (NYSEARCA:GXG) registered an increase of 51% in short interest. GXG’s total short interest was 947,100 shares in October as published by FINRA. Its up 51% from 627,200 shares, reported previously. With 166,600 shares average volume, it will take short sellers 6 days to cover their GXG’s short positions.
Summary: Cemex’s subsidiary Cemex Latam Holdings S.A. (CLH) is participating in the construction of the Río Magdalena 2 Highway, one of the primary infrastructure projects currently under development in Colombia.
Summary: Colombia's water and sanitation undersecretary Raúl Lacouture signed an agreement that allocates 45.8bn pesos (US$15mn) for water, sewerage and sanitation projects to be carried out in La Guajira department in the northeast of the country during 2017-19.
Summary: Bancolombia's Economic Research team adjusted its growth forecasts for the country for the next years to 1.6% in 2017 and 2.5% in 2018.
Summary: BOGOTA, Oct 25 (Reuters) - Colombian Finance Minister Mauricio Cardenas said on Wednesday he does not rule out a vote this week by the central bank to cut the benchmark interest rate to help bolster economic growth as inflation begins to ease.
Summary: How would ordinary people get around Tokyo if the metro system was never built? Or New York, or London, or any large metropolis? Would roads be choked by traffic, pollution rocketing?
Summary: Amerisur Resources plc (LON:AMER) insider Alex Snow acquired 500,000 shares of the stock in a transaction dated Monday, October 23rd. The stock was bought at an average cost of GBX 19 ($0.25) per share, with a total value of £95,000 ($125,362.89).
Summary: Colombian state-controlled oil company Ecopetrol S.A. announced today that it is planning to launch a new marketing arm that will be called Sociedad Ecopetrol Energía S.A.S. E.S.P.
Summary: Colombian avocado grower-exporter Fruty Green is building a new packing plant to harness opportunities in Europe and the United States, while a new partnership with Peruvian group Agricola Cerro Prieto is set to bolster the operation.
Summary: Colombia has fulfilled its universal broadband coverage target several months ahead of time, with ICT minister David Luna announcing at a government event that 98 percent of the country’s municipalities are now online, with total connections reaching 28.7 million.
Summary: Grey cement consumption in Colombia in August 2017 reached 1.033Mt, down 5.2 per cent when compared with August 2016, according to the national statistics office, DANE. Some 68 per cent of volumes, or 702,300t, were delivered in bagged form.
Summary: Colombia’s congress has approved a $80bn (235 trillion pesos) budget for 2018 that is a 1 percent increase over the 2017 budget. It is believed this addition is part of a bid to retain the country’s ‘BBB’ credit rating while considered to be an austerity budget. With presidential elections looming in May 2018 and congressional elections in March 2018, this pre-election spending is part of the President Juan Manuel Santos’ plan to stabilise Colombia’s economy and satisfy Colombian voters.
Summary: People gathered outside Sucre’s small church, anxious to hear the news. A farmer climbed the church’s steps and read out the referendum results into a megaphone. The flag-bearing crowd of campesinos erupted in joy.
Summary: Colombia's central bank will leave the benchmark interest rate unchanged on Friday for the second straight month but will probably resume cuts next year after inflation declines to target levels, a Reuters poll showed on Monday.
Summary: Colombia produced an average of 852,198 barrels of crude oil per day (bpd) in September, the government said on Thursday, down 0.8 percent from the same month last year, according to Reuters calculations.
Summary: Colombia's government will refrain from new debt issuances in the global markets in the short term, said the country's Finance Minister, Mauricio Cárdenas.
Summary: Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), the first privatized airport group in Mexico and operator of Cancun Airport and eight other airports in southeast Mexico, as well as a JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Muñoz Marín International Airport in San Juan, today announced its subsidiary Aeropuerto de Cancun S.A de C.V. has concluded the acquisition of a controlling stake of approximately 92.42% in Sociedad Operadora de Aeropuertos de Centro Norte, S.A. ("Airplan").
Summary: Colombia's congress has begun debating a bill submitted by ICT minister David Luna to create a unified regulator for its communications industry.
Summary: Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an operational update on activities in Colombia.
Summary: Colombia production is holding a plateau over the past year after a large decline in the last part of 2015 and the first half of 2016. August value was 858 kbpd (down 0.04% y-o-y).
Summary: SAN CARLOS, Colombia, Oct 19 (Reuters) - Farmers who fled war in the Colombian Andes are returning to revive their abandoned land, cultivating coffee trees that are boosting global supplies of the highest-quality beans.
Summary: Colombia's imports fell 0.6 percent to $4 billion in August compared with $4.02 billion in the same month of 2016, the government's statistics agency said on Wednesday.
Summary: Tony Hayward and the buyout firm Carlyle are in detailed talks about a major Colombian oil deal, Sky News understands.
Summary: U.S. financial giant JPMorgan Chase recently recognized Bancolombia (NYSE:CIB) with an “Elite Quality Recognition Award” in the category of “straight through processing” (STP), an honor handed out to institutions that have excelled in facilitating transactions.
Summary: Colombia has a deficit of 7,000 to 10,000 mobile base stations and urgently needs to cut red tape if the country is to meet the increasing demands of telecommunications users, reports local daily La Republica, citing experts from the ICT ministry.
Summary: Amerisur Resources Plc (AMER.L) shares are moving today on volatility 4.26% or 0.82 from the open. The LSE listed company saw a recent bid of 20.068 and 1947763 shares have traded hands in the session.
Summary: Colombia is poised to economically breakout in coming years due to its blessings of climate and natural resources, a vibrant working-age population, newly arrived at peace, and an embrace of bitcoin. Cryptocurrency conferences, training workshops, are sprouting all over the country in preparation.
Summary: After recording two consecutive months of expansion, retail sales fell by 1.2% y/y in Aug-17, below market consensus (+1.3%) and our own forecast (+1.9%). For its part, industrial production contracted by 3.1% y/y, surprising the market to the downside (-1.0%) but coming in above our estimate (-4.5%), adding up six months in negative ground so far this year.
Summary: Palm oil is not equal to palm oil: Since plantations differ massively in environmental and social criteria, a general ban of palm oil in biofuels, as recently discussed by the European Union, would punish the wrong producers while having little impact on reducing deforestation.
Summary: Coffee prices in September continued the downward trend from the end of August through the first week, reaching 120.71 US cents per pound on 6 September.
Summary: Amerisur Resources plc (LON:AMER) has been given a consensus rating of “Hold” by the five ratings firms that are presently covering the firm, MarketBeat.com reports.
Summary: Ecopetrol S.A. has been granted a patent by the Colombia’s industrial regulator for a new technology that, according to the state-controlled oil company, represents an “oxidation system and process for the simulation of in-situ combustion” of heavy crude.
Summary: Colombia's President Juan Manuel Santos praised the investment environment in his country and said that the South American nation is serious, responsible in economic matters, and respectful of the rule of law.
Summary: The Cork basedMinister for Foreign Affairs and Trade, Simon Coveney T.D., has announced that Ireland will open new resident diplomatic missions in Chile, Colombia, Jordan, Vancouver and Mumbai as part of the Government’s overall Budget 2018 package.
Summary: Colombia's Ministry of Information Technology and Communications (Mintic) has decided against holding an auction for spectrum in the 700MHz and 1900MHz bands that was scheduled for later this year, reports business daily Portafolio, citing ICT minister David Luna.
Summary: The ambitious road development programme set out by the Colombian Government may not meet all of its targets.
Summary: Gulfsands Petroleum plc told investors it’s been allowed to hit the reset button for its Putumayo (PUT-14) licence in Colombia. At PUT-14 the company has effectively now been given until 2021 to complete the first phase of exploration.
Summary: A commercial carbon tax, formalized under the administration of President Juan Manuel Santos in June, is showing early signs of success.
Summary: President Juan Manuel Santos has declared 344 Colombian municipalities as ‘areas more affected by the internal armed conflict’ (Zomacs) which are to benefit from increased infrastructure spending by his government, as well as a special tax regime to promote private-sector investment in these areas.
Summary: Bancolombia has become the first traditional bank to join the leading fintech association in Colombia, a 10-month-old group that is aiming to cultivate a deeper ecosystem for the integration of financial services and technology within the country.
Summary: Colombia’s gambling regulator has issued its fourth online gambling license to local operator Colbet.
Summary: Colombia, under the leadership of President Juan Santos, has more than doubled its nationally conserved area — from 50.2 million square miles in 2010 to 109.6 million square miles today — an extraordinary achievement for a developing country.
Summary: LONDON (Alliance News) - Bezant Resources PLC said on Monday it had now commenced deeper extraction and processing at its gold and platinum project in Colombia.
Summary: J P Morgan Chase & Co downgraded shares of BanColombia S.A. (NYSE:CIB) from a neutral rating to an underweight rating in a research report report published on Wednesday, Marketbeat.com reports. The brokerage currently has $41.00 price objective on the bank’s stock.
Summary: Colombia's Banana Association (Augura) has patented a bio-input that allows increasing the biomass and spores of a microorganism that helps banana plants grow more strongly and in less time. The development will allow shortening the maturation process of the plants from 9 to 7 months, thus increasing their annual production.
Summary: Bancolombia (NYSE: CIB), the largest bank in Colombia, has launched a new area of its website to help users search for real estate projects and housing.
Summary: CARTAGENA, Oct 5 (Reuters) - Colombia's central bank could cut interest rates further next year if inflation expectations move toward 3 percent, board member Adolfo Meisel said on Thursday.
Summary: The Colombian Producer Price Index (CPI) in September posted its highest increase since March, rising by 1.19% against the same month last year, from +0.52% in August, said the country's statistics office.
Summary: With an already-massive port business and a spike in international tourism, Cartagena’s Rafael Núñez International Airport is nearing capacity. To solve the problem, Conecta Caribe, along with a team of partners, has devised a proposal to construct a bigger and better airport for the Colombian jewel of the Caribbean.
Summary: People know the startup world is not limited to the U.S., Israel, the U.K. and Germany.
Summary: Last week, Colombian state-controlled oil company Ecopetrol (NYSE: EC) signed two contracts to formalize the joint exploration bids it won in June to look for oil off the coast of Mexico.
Summary: A series of highway and tunnel projects are planned for Colombia’s Antioquia Department.
Summary: Colombia produced 1.22 million 60-kg bags of washed arabica coffee in September, up 19 percent from the same month a year earlier, the National Coffee Growers' Federation said on Tuesday.
Summary: Colombian exports increased by 1.5% in August compared to the same month in 2016, said the South American country's statistics office.
Summary: Colombia’s largest banking association proposed on Monday a reduction in reserve requirements, in a bid to spur a decline in interest rates and incentivize credit amid a fall in economic growth.
Summary: Colombia is set to produce a record of more than 90 million tons of the fossil fuel this year, its biggest export after oil.
Summary: Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI), is pleased to announce the upcoming diamond drilling program at its wholly-owned, high-grade Anzá gold project located in the Mid Cauca Gold Belt in Colombia.
Summary: Colombia's central bank held its benchmark interest rate steady for the first time in seven months as expected on Friday, as policymakers pause to gauge how much inflation is slowing and whether the economy needs more support.
Summary: The Colombian Aviation Industry Corporation (Corporación de la Industria Aeronáutica Colombiana: CIAC) is nearly finished upgrading the air force’s heavily used Embraer T-27 Tucano trainer aircraft fleet, and next hopes to sell the modernisation work internationally.
Summary: After the recent Peace Agreement with the FARC rebels, Colombia seemed like the next Latin American promise. However, according to the Central Bank foreign direct investment (FDI) decreased 20.9% in August, and the country remains stagnant in number 61 of the Global Competitiveness Report of the World Economic Forum(WEF). Particularly, FDI for the transportation, storage and communications sector was negative in the 2Q of 2017 for the first time in the two last years.
Summary: Mauricio Cárdenas Santamaría, Colombia’s Minister of Finance, approved a budget of 1.3 trillion Colombian pesos (US $445 million dollars) to create new roads in the country. That money was destined last year for Science, Technology, and Innovation (STI), but has been redirected under Cárdenas’ mandate.
Summary: Lloyd’s Register has been tapped for its well management expertise by Ecopetrol Costa Afuera for offshore exploration drilling operations in Colombia.
Summary: Amerisur Resources plc (LON:AMER) insider John Wardle purchased 1,200,000 shares of the business’s stock in a transaction on Monday, September 25th.
Summary: The United Kingdom launched on Wednesday a new trade dialogue with emerging markets in South America, including Colombia, Peru and Ecuador, to strengthen bilateral commerce and investment, and to maintain trade ties due to the Brexit.
Summary: Colombian President Juan Manuel Santos said Tuesday that, now at peace, Colombia has enormous potential to invest and export. He also called on businesspeople to be more aggressive by exporting and to take full advantage of the free trade agreements involving Colombia.
Summary: Colombia's state-owned oil company Ecopetrol president Felipe Bayón signed in Mexico City the contracts for the exploration of shallow waters blocks awarded last June. The Colombian company will explore and produce hydrocarbons in Mexico through joint-ventures with the local Pemex and Malaysia's Petronas.
Summary: EnergyNet is pleased to announce the upcoming Pacific Alliance Energy Forum taking place in Cartagena, Colombia from the 28 - 29 September 2017.
Summary: (RTTNews) - The Colombian state-owned oil company Ecopetrol has begun drilling the first offshore oil well that it operates directly, called Molusco, located in the Caribbean Sea. The operation has an investment close to US$ 75 million.
Summary: BOGOTA, Sept 22 (Reuters) - Colombia's central bank will probably keep its interest rate unchanged next week after seven consecutive cuts, pausing during a likely uptick in inflation over the coming months even as the economy still struggles, a Reuters poll showed on Friday.
Summary: Colombia’s economic growth is expected to recover from a dip after the drop of global commodity prices in 2014.
Summary: Columbia’s gambling regulatory chief says he expects to issue online gambling licenses to four more operators in the coming weeks.
Summary: Through a series of mergers, two super airlines have emerged in South America.
Summary: LONDON (Alliance News) - Bezant Resources PLC on Tuesday said the first kilogramme of platinum and gold metals produced from mine development operations at the Choco project in Colombia has been sold.
Summary: The International Finance Corporation (IFC), a World Bank Group’s arm, sold 33.7 billion Colombian pesos (US$ 11.65 million) in bonds issued in local currency for the local market.
Summary: For centuries Latin America’s natural resources have helped move the world economy. From the silver galleons that financed the Spanish Empire to the iron and copper exports that are rebuilding China, Latin America’s natural resources have long been sold around the globe. But now the growth of renewable energy across the region is creating a new economic phenomenon – exploiting those natural resources for domestic growth.
Summary: Following a landslide rejection of what would be the world’s largest gold mine in a town in central Colombia, seven more towns have voted to ban all mining territory.
Summary: (RTTNews) - Colombia's trade balance recorded a US$ 520.1 million deficit in July, from a US$ 967.6 million deficit in the same period of 2016, the country's statistics office said on Tuesday.
Summary: Sep 19 (Renewables Now) - The Colombian government presented on Saturday a renewable energy projects package that envisages investments of over COP 200 billion (USD 68.8m/EUR 57.6m) and will benefit more than 60,000 people.
Summary: Colombian-licensee Wplay.co has signed a deal for Quickfire, powered by Microgaming.
Summary: Colombia exported 7.7 million mt of coal in August, little changed year on year but up from July, data from Colombian shipping agent Deep Blue showed.
Summary: Mining has been a hot, and controversial, topic in Colombia this year. There has been a rise of popular referendums in which community votes have clouded the legal standing of various projects and left some international companies wondering what the future holds for operations in the country.
Summary: The Newton Fund, a UK Government initiative, has announced the opening of applications for scientific researchers of six Latin American countries (among them, Argentina) to take part in regional workshops on biodiversity or travel grants to the United Kingdom.
Summary: Amerisur Resources plc (LON:AMER) has earned an average recommendation of “Hold” from the six research firms that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 30.60 ($0.40).
Summary: Colombia’s central bank Governor Juan Jose Echavarria signaled that the government’s forecasts for growth and oil prices may be too optimistic, joining investors and ratings agencies who have questioned the assumptions underlying the Finance Ministry’s fiscal targets.
Summary: The solar facility, which will be built in the department of Santander, will be the second large-scale PV project developed by the Colombian renewable energy company in the country
Summary: Colombia has issued its second official online gambling license to Corredor Empresarial S.A., the umbrella group for the nation’s 32 provincial lottery and chance game operators.
Summary: Colombian online lending platform Sempli has received $3.6 million USD in an initial investment round, the startup announced this month. The company says that it plans to invest the resources into further expansion in Colombia and on improving its platform.
Summary: The Colombian Congress approved on Tuesday a 235.6 trillion Colombian pesos (US$ 80.5 billion) general budget for 2018.
Summary: Colombia will auction 15 oil blocks in November through the National Hydrocarbons Agency. The Colombian government expects to raise US$ 300 million in initial investments.
Summary: This morning leaders from international banks, UK Government and delegates from Nigeria, Mexico, Colombia and Vietnam attended the London Stock Exchange to launch a bold new climate change project which seeks to attract transformative financial investment in these countries.
Summary: Colombia’s Central bank has been slashing the prime lending rate for most of the year to ease macro economic pressures when a GDP growth estimate of 1.3% appears too optimistic.
Summary: British ambassador to Colombia, Mr. Tibber, visits Cerrejón mine in La Guajira, Colombia
Summary: Colcap, the main index of the Colombian Stock Exchange, fell 0.26% Friday, closing at 1,499.58 points, tracking the fall of oil by more than 3% of oil prices abroad and risk aversion for natural disasters. The Colombian market rose 0.36% in the week.
Summary: The Colombian economy is continuing to slow down. After generating just 2.0% GDP growth in 2016 — the lowest rate since 2009 — the performance has waned even further in the first half of 2017.
Summary: Communities are exercising their constitutional right to block oil and mining projects, jeopardizing the country’s future as a petroleum exporter.
Summary: After making an $86 million USD investment, Mexican bakery giant Bimbo (BMV: BIMBO) today opened a new plant in Colombia. Located in Tenjo about 20 miles outside of Bogotá, the facility received an inaugural visit from Colombian President Juan Manuel Santos to commemorate the completion of a massive baking facility that took around a year to build, according to the company.
Summary: GeoPark Limited (“GeoPark” or the “Company”) (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina and Peru, today announced the discovery of the new Curucucu oil field in the Llanos 34 block (GeoPark operated with a 45% WI) in Colombia.
Summary: Only a few weeks ago Oxford Business Group published an article on the opportunities for agri-businesses in Colombia, and here we are again talking about the prospects for one of Latin America’s fastest-growing sectors.
Summary: Oil and Gas Discoveries 2017 Analysis report provides Global Oil and Gas Discoveries by Key Countries, Operators, Well Terrain, and Resource Type. Oil and Gas discovery success Continues in Colombia whereas Asia leads the most number of discovers followed by South America.
Summary: The 9.8 MW Celsia Solar Yumbo project, which is located in the southwestern region of Valle del Cauca, was built by local developer Celsia.
Summary: The Colombian coffee production grew 9% in August from a year earlier, reaching around 77,640 tons, said Colombia's National Federation of Coffee Growers.
Summary: South America-focused oil and gas producer Amerisur Resources PLC said on Monday production in August was significantly ahead of the figure reported in June, having suspended its Colombian field in July due to protests in the country.
Summary: Bezant Resources plc (LON:BZT)‘s stock had its “speculative buy” rating reissued by investment analysts at Beaufort Securities in a research note issued on Thursday.
Summary: Three Colombian fintech startups have been selected to participate in an exclusive accelerator program coordinated by Washington-based venture capital firm Village Capital that will award a $75,000 USD investment to top-performing early-stage Latin American companies.
Summary: Despite the high broadband penetration rate, there are many more barriers yet to be dismantled by the government on its way to promote digitalization
Summary: Fitch Ratings evaluated the capital adequacy of Bancolombia, Banco de Bogot?, Banco Davivienda and Banco de Occidente and stressed in a new report that the Colombian banks should prepare to face a weaker economy. Also, the risk agency’s outlook for the institutions was upgraded to ‘stable,’ from ‘negative.’
Summary: WiseGuyReports announced addition of new report, titled “Q2 2017 Global Oil and Gas Discoveries Review - Discovery Success Continues in Colombia”.
Summary: Investing.com – Colombia stocks were lower after the close on Wednesday, as losses in the Financials, Industrials and Agriculture sectors led shares lower.
Summary: MADRID, Aug 30 (Reuters) - Telefonica’s Colombian division plans to raise about 1.8 billion euros ($2.15 billion) in fresh capital to reduce debt and pay a fine linked to a local dispute, the Spanish telecoms company said on Wednesday.
Summary: The board of directors of Bancóldex S.A. has elected Mario Suárez Melo as its new president to replace Luis Fernando Castro Vergara, who submitted his resignation letter in July for personal reasons, according to the publicly backed entrepreneurial development bank.
Summary: Experts share best practices to address challenges associated with the integration of variable renewable technologies such as wind and solar
Summary: Noble Corporation (NYSE: NE) and Geopark (NYSE:GPRK) are both small-cap oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.
Summary: Logic would dictate that Latin America’s third largest economy would play a part in any fund focused on the region.
Summary: (NYSE:CIB) shares saw heavy trading volume with 995K shares changing hands on Thursday. Volume was up 178.80% over the stocks average daily volume.
Summary: The Colombian President Juan Manuel Santos met Liam Fox, the United Kingdom's Secretary for International Trade, to analyze bilateral trade relations between the two nations.
Summary: Speech by RT Hon Liam Fox MP, Secretary of State for International Trade, during the 'Global Britain Business Forum' at the Chamber of Commerce of Bogota (Colombia).
Summary: Colombian discount airline Wingo recently partnered with Worldpay (LSE: WPG) to become its exclusive online payment facilitator.
Summary: Foreign direct investment in Colombia hit US$ 719 million in July, a 9.7% increase compared to US$ 655 million recorded in July 2016, the country's central bank said on Wednesday.
Summary: Following more than half a century of armed conflict, peace is shining a new light on Colombia’s future.
Summary: Ecopetrol has been increasingly eyeing offshore exploration in the Caribbean and Gulf of Mexico, and Colombia’s state-controlled oil and gas company has now finalized the establishment of its Mexico City-based subsidiary.
Summary: Those who ignore the need to adopt new technologies would risk lagging far behind their competitors, the government has warned, pointing to the dramatic increase in flight and hotel bookings online.
Summary: Colombia’s oil production has been falling for the last four years. It’s not just the 2014 price crash that pressured output: The country’s fields are depleting and new discoveries are hard to come by because of high production costs, security challenges, and opposition from the population.
Summary: David Luna, Colombia’s minister of information technology and communications, is one of the most anticipated speakers at this year’s Andicom conference in Cartagena. Among all the executives and public officials participating at the annual information and communications technology event this week, nobody sees all facets of the industry quite like the minister.
Summary: According to reports from both Colombia’s Ministry of Mines and Energy and the National Mining Agency, coal production dropped 4% in the second quarter of 2017, with production falling to 21.4 million metric tons compared to 22.4 million metric tons in the first quarter of 2017. The reductions were attributed to lower production in the country’s Cesar and La Guajira states, falling 4% and 10% respectively.
Summary: Britain plans to double financing for British companies trading with Panama and Colombia, Britain's embassy in Panama said on Sunday.
Summary: Gran Colombia Gold Corp. (GCM) announced today that it has made changes to its Board of Directors. Effective August 16, 2017, Ian Mann has resigned from the Board of Directors for personal reasons and the Company has appointed De Lyle Bloomquist to fill the position of Rodney Lamond, who resigned earlier in the year. The Company intends to appoint an additional director to fill the vacancy of Ian Mann in due course.
Summary: Red Leopard, a company focused on making acquisitions in the natural resources sector, has agreed to buy a coal mining project in Colombia, known as La Luna.
Summary: Colombian state oil company Ecopetrol has named a new president, saying current executive vice president Felipe Bayon Pardo will replace current leader Juan Carlos Echeverry.
Summary: Funded by the Newton Fund, ‘Researcher Links’ promotes cooperation between Biodiversity researchers between six LatAm countries
Summary: Shares of First Colombia Gold Corp (FCGD) are moving on volatility today 0.00% or 0.00 from the open. The OTC listed company saw a recent bid of 0.0001 and 300000 shares have traded hands in the session.
Summary: Helicopter lessor Waypoint Leasing has inked a purchase/leaseback agreement with Helicopteros Nacionales de Colombia (Helicol) for a Leonardo AW139 that the operator flies in Colombia to support offshore oil-and-gas clients. This is Waypoint’s first lease transaction with Helicol and its first transaction in Colombia.
Summary: LONDON (Alliance News) - Shares rose in Bezant Resources PLC after the miner on Wednesday said it has started commercial gold and platinum production at its licence in Colombia.
Summary: Colombia has declared its conflict with The Revolutionary Armed Force of Colombia (FARC) officially over. The rebel group handed over the last of its weapons to be melted down under UN oversight.
Summary: (RTTNews) - Colombia's Gross Domestic Product (GDP) climbed 1.3% on year in the second quarter of 2017, recording the lowest annual rise for that period since 2009, according to seasonally-adjusted data from the national statistics office.
Summary: Sirenis Hotels & Resorts announced their partnership with the Colombian oxoHotel in the launch of a new Grand Sirenis property on the island of San Andes.
Summary: BOGOTA (Reuters) - Colombia's state oil company Ecopetrol SA will focus exploration efforts in the next few years on unconventional deposits in the center and north of the country in a bid to increase reserves, its chief executive said.
Summary: Despite the problems that face the Colombian economy, there is still plenty of time for the country to confront and overcome them. In this final article, I attempt to articulate solutions that can be implemented immediately to revive the economy and create a new middle class that will power a recovery for decades to come.
Summary: Oil and gas producer and explorer Amerisur Resources has confirmed a discovery with the exploration well Mariposa-1 in the CPO-5 contract area in Colombia.
Summary: Colcap, the main index of the Colombian Stock Exchange, ended a tad higher Wednesday, rising 0.04% to 1,470.32 points after Ecopetrol released a more than 60% increase in its second quarter earnings.
Summary: A placing at 14.7p was oversubscribed and the money means work can start at Anza (in Colombia)
Summary: Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) today announced the Ecopetrol Business Group's second-quarter and first half 2017 financial results, prepared and presented in billions of Colombian pesos (COP) according to International Financial Reporting Standards applicable in Colombia.
Summary: Economic Commission for Latin America and the Caribbean (ECLAC), in its survey for 2017, forecasts that the region will grow 1.1% after consistent contraction in GDP growth.
Summary: Colcap, the main index of the Colombian Stock Exchange, fell 0.45% to 1,469.79 points Tuesday, on the eve of the release of Q2 results from Ecopetrol and Bancolombia.
Summary:BOGOTA, Aug 3 (Reuters) - Colombia will see economic growth of 2.4 percent in the third quarter before accelerating to 2.8 percent in the fourth, Finance Minister Mauricio Cardenas said on Thursday.
Summary:Rothar is a Bogotá-based company devoted to motorcycle accessories. But unlike other, seemingly similar shops, Rothar is all about what its managers call functional accessories. They are in the market to sell add-ons that serve practical uses for Colombia’s many all-conditions riders rather than bells and whistles for buyers who just like to tinker.
Summary:(RTTNews) - Colcap, the main index of the Colombian Stock Exchange, rose 0.20% Wednesday, closing at 1,481.05 points due to the performance of Ecopetrol's shares amid gains in oil prices abroad and an increase in Colombia's crude oil production in June.
Summary:PayU Colombia has become the first payments services provider globally to implement Mambu’s Software-as-a-Service (SaaS) based core banking solution. It will support PayU’s new short-term deferred payment product.
Summary: TORONTO, July 31, 2017 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (the “Company”) (TSX:GCM) announced today that it is continuing to execute its contingency plans and to negotiate in good faith with the Mesa Minera of Segovia and Remedios toward formalizing activities of illegal mines operating within its mining title despite the actions being taken by certain illegal miners to disrupt the Company’s operations.
Summary: (RTTNews) - The Colombian Petroleum Association (ACP) reported that 27 exploratory wells were drilled in the first half of the year in the country, in line with market expectations. The amount is four times higher than the number of drillings in the same period of 2016.
Summary: CALGARY, Alberta (Reuters) - Canada's struggling oil market has found something of a lifeline as traders scramble for heavy crude due to OPEC production cuts and sinking Latin American output.
Summary: UNITED NATIONS - The Security Council unanimously approved a resolution Monday authorizing a new U.N. political mission in Colombia to focus on reintegrating leftist rebels into society after more than 50 years of war - a task the United Nations calls the most urgent challenge following the rebels' handover of their last weapons.
Summary: The Colombian government and the National Liberation Army (ELN) guerrilla concluded today the second round of peace talks in Quito. Both sides agreed to create a joint team for peace and a group of countries to follow and cooperate with the negotiations.
Summary: Timochenko’s illness comes just days after FARC handed over the last of its individual weapons as part of peace deal
Summary: Canacol Energy Ltd. Tests 46.3 MMSCFPD (8,123 BOEPD) from 8th Consecutive Colombian Gas Discovery at Toronja 1 Validating New Commercial Shallow Gas Play
Summary: Mott MacDonald has opened a new office in Bogotá, Colombia, to support the country’s plans for major infrastructure improvements through public-private partnerships (PPPs)
Summary: David Luna, Minister of Information and Communication Technologies: Interview
Summary: Vancouver, BC, Canada – June 19, 2017 – Tower One Wireless Corp (CSE: TO) announces that one of its Colombia subsidiaries has received construction approval from a Mobile Network Operator (“MNO”) to build 10 additional towers
Summary:Ecopetrol to Drill Two Exploratory Wells, Lorito-1 and Trogón-1, in Colombian Department of Meta
Summary: OPIC Board of Directors Approves Nearly $500 Million in Support for Investments in Developing Countries
Summary: Colombian Passion Fruit is delivered mainly to European countries such as Germany, the Netherlands, France, United Kingdom, Belgium, and Switzerland.
Summary: Diggers wanted for 2 infrastructure projects.
Summary:Cargill ‘to invest 500m euros’ in Colombia after El Bucanero deal
Summary:The Colombian Petroleum Institute (ICP) is planning to invest nearly 3.5 million USD toward bolstering and updating its capabilities
Summary: Geopark is a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru.
Summary:A company is looking for products and devices for households and bathrooms.
Summary: Colombia - Energy drinks Opportunity
Summary: Panel covering Colombia's economic outlook
Summary:UPS investment in healthcare logistics to serve the growing pharmaceutical, biopharma and medical device industry in Latin America
Summary: ANI Announces investment during the Expovial 2017 event
Summary:Pollos El Bucanero SA is Cargill's first business venture in the country as it strives to better serve customers in Latin America.
Summary: Pacfic Fruits. Colombia is the leading supplier of passion fruit in Europe
Summary:Comments by John Wardle, Chief Executive Officer of Amerisur Resources Plc
Summary:One of Colombia’s leading avocado players is broadening its horizons by adding limes and pineapples into the mix, with key export markets including the U.S., Europe and the Caribbean.
Summary:Startup accelerator Rockstart is taking applications for its web and mobile program in Colombia, and startups from all over the world are welcome.
Summary:Colombia shares higher at close of trade; COLCAP up 0.24%
Summary:Jorge Castaño Gutiérrez Appointed as New Head of Colombian Financial Regulator Superfinanciera
Summary:Unilever will buy the personal-care and home-care brands of Quala, the Colombian consumer-goods company dubbed a “local dynamo” by Boston Consulting Group.
Summary: $1.5 billion to $1.7 billion a year, for a five-year investment of $7.5 billion according to Santiago Angel, head of the Colombian Mining Association
Summary: Anadarko confirms two more gas finds offshore Colombia
Summary: It has been bad, but it is getting better, is the message coming from Colombian policy makers
Summary: Ecopetrol's net income in the first quarter was COP 886 billion, which represents an increase of 144% versus the same quarter of 2016.
Summary: Improving economic and political conditions since the turn of the century paved the way for Colombia to finally tackle its infrastructure problem
Summary: H&M opens its first store in Colombia
Summary: Ecopetrol and its partner Anadarko have made a major natural gas discovery in Colombia’s Caribbean Sea.
Summary: Colombia stocks higher by closing of trade
Summary: Colombia launches 100 new public Wi-Fi zones in 32 cities
Summary: Exports rise sharply in March 2017
Summary: Ecopetrol doubling investment in Exploration in 2017
On August 3rd, the exclusive lunch was hosted by The Colombian Embassy in London and the British Chamber of Commerce on the occasion of the visit by Mr Mauricio Cardenas, Colombia Minister of Finance.
This event gave UK Investors and members of the chamber the exceptional opportunity to put questions to the minister and to network with other investors. Minister Cardenas in his introductory remarks briefly described the government Austerity Budget for 2016. Further discussions with senior decision makers and CEOs of companies investing or with a potential interest in the country touched on the effects of the oil prices in Colombia , the progress on OECD membership , Taxation, the currency effect on imports and exports, progress on the peace process, among others.
If you wish to have access to this and many other opportunities please contact us +44 (02072352106)
Summary: Rising stocks outnumbered declining ones on the Colombia Stock Exchange by 24 to 5 and 1 ended unchanged.