By Admin Friday, March 12, 2010
The European Commission concluded trade negotiations with Lima and Bogota this month, following nine rounds of talks. The agreement, if ratified by the European Parliament, would fully liberalize commerce in some sectors between the bloc and the two Latin American countries.
The possible deal has sparked an outcry in some quarters because of concerns over the South American country’s human rights record.
Colombia Pharmaceuticals And Healthcare Report Q2 2010By Admin Friday, March 12, 2010
In The Q210 Business Environment Ratings table for the Americas, Colombia scores 51.7, falling one place to seventh among the 10 major markets in the Americas. The country’s population (expected to reach almost 50mn in number by the end of the decade), combined with rising per-capita expenditure will provide opportunities for drugmakers. However, the persistent shortcomings of the intellectual property (IP) and pricing and reimbursement regime continue to hamper the more direct involvement of foreign companies.
Canada Tables Free Trade Agreement with ColombiaBy Admin Friday, March 12, 2010
The Honourable Peter Van Loan, Minister of International Trade, and the Honourable Jean-Pierre Blackburn, Minister of Veterans Affairs and Minister of State (Agriculture), today followed through on a commitment made in last week’s Speech from the Throne by tabling legislation to implement the Canada-Colombia Free Trade Agreement. At the same time, the government is also tabling parallel labour and environment agreements with Colombia.
PDAC-Colombia sees jump in mining investment in 2010By Admin Thursday, March 11, 2010
Colombia, whose growing economic stability has drawn new enthusiasm to its mineral wealth, sees mining investment rising in 2010, Mines and Energy Minister Hernan Martinez Torres said on Tuesday.
Speaking on the sidelines of the massive Prospectors and Developers’ Association mining convention in Toronto, Martinez said Colombia is pushing hard to attract investment to mineral riches that range from gold and platinum to oil and coal.
IFC Boosts Women’s World Bank Micro-lendersBy Admin Thursday, March 11, 2010
IFC continues to back micro-lenders with two recent deals associated with the Women’s World Bank.
The financial sector remains IFC’s largest focus in Colombia. I last wrote about its big backing of Bancolombia – the country’s largest bank – on programs offering hedging instruments to sophisticated clients and to fund Bancolombia’s investment bank unit in acquiring (presumably with other investors) non-performing loans originated by its lending unit.
Colombia’s Proteccion to Invest in Private EquityBy Admin Thursday, March 11, 2010
Proteccion SA, Colombia’s second- biggest pension fund, plans to invest 2.4 trillion pesos ($1.3 billion) in private equity in the next two years after reaching the government-set limit on stocks.
Proteccion will boost private equity holdings to 10 percent of its 24 trillion pesos in assets by 2012 from less than 1 percent today, Juan Luis Escobar, the fund’s chief financial officer, said in an interview from his office in Medellin yesterday.
The Chilean earthquake had a negative impact on the country’s economic expectationsBy Admin Wednesday, March 10, 2010
The Chilean earthquake had a negative impact on the country’s economic expectations, reflected by a fall in the stock market and a rise in expected inflation. Positive activity data flow across the region this week (Brazilian, Colombian and Mexican industrial production, GDP data in Peru, IMACEC in Chile). On the other hand, the conflict over the use of reserves to secure payment of debt maturing this year has been flared up again in Argentina.
Colombia’s AIRES going strong in FloridaBy Admin Wednesday, March 10, 2010
Colombian low-cost carrier AIRES is seeing such a strong response to its launch of services to South Florida that it is adding more service to the region in preference to opening a second destination in the US.
By Admin Wednesday, March 10, 2010
This databook provides key data and information on the pasta and noodles market in Colombia. This report is a comprehensive resource for market, category and segment level data including value, volume, distribution share and company & brand share. This report also provides expenditure and consumption data for the historic and forecast periods.
Emerging Markets Investing 2010, Colombia Is Open for BusinessBy Admin Saturday, March 6, 2010
Following a recent group email exchange with Louis James, the truly tireless editor of Casey’s International Speculator currently kicking rocks in Colombia, one of the non-Casey Research participants in the exchange commented, “You guys are doing it right. How many research shops have emails that start out with ‘Greetings from Medellin’?”
