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//June 15, 2019
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Moody’s Affirms Interconexión Electrica (ISA) at Baa2

Moody’s Investors Service has affirmed the Baa2 issuer rating of Interconexion Electrica S.A. E.S.P. (ISA). (OTCQX: IESFY) (BVC: ISA) At the same time, Moody’s revised the outlook to stable from negative. This action follows Moody´s recent rating action on the...
Posted On June 15, 2019
, By Loren Moss
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EU Promotes Intellectual Property Protection For Colombian Small Business Through : IP Key” Initiative

The European Union is sponsoring a project to help small and medium sized businesses in Colombia take full advantage of their rights under Colombian and international intellectual property law. The program is called IP Key, and operates under the auspices of the European Union...
Posted On June 15, 2019
, By Loren Moss
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Viva Air Adds Cartagena – Lima International Route

As part of its expansion plan in the region, Viva Air has initiated operations of its new bi-directional international route between Cartagena, Colombia (CTG) and Lima, Peru (LIM) from $195 USD round trip, flying Wednesdays, Fridays and Sundays. On June 7, Viva Air’s pink-livery...
Posted On June 15, 2019
, By Loren Moss
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Rumors Say Avianca Has A New CEO. The Airline Says “Not So Fast.”

Many business publications are reporting that Colombian airline Avianca’s board of directors has appointed Aeromexico’s Anko Van Der Werff as the airline’s new CEO. Van Der Werff has been serving for the past 5 years with Aeromexico, most recently as...
Posted On June 15, 2019
, By Loren Moss
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Tourist Town of Guatapé Becomes First in Colombia to Ban Polystyrene, Single Use Plastics

On May 27, Hernán Dario Urrea Castaño, mayor of Guatapé, Antioquia ratified an agreement to outlaw the reuse or sales of polystyrene, wax paper, plastic straws, glasses or coffee stirrers. Guatapé is a small town approximately 2 hours outside of Medellín that sits on the shore of...
Posted On June 15, 2019
, By Loren Moss
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Grupo Valorem To Open Four Seasons Hotel In Cartagena’s Getsemaní Neighborhood

Luxury hotel brand Four Seasons Hotels and Resorts Grupo Valorem subsidiary San Francisco Investments, have announced plans to open a luxury hotel and private residences in Cartagena, Colombia’s dominant Caribbean tourism destination. Located in Getsemaní, a neighborhood adjacent...
Posted On June 15, 2019
, By Loren Moss
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Moody’s Rates Bogotá & Medellín At Baa2 With Stable Outlook

Moody’s Investors Service has affirmed the Baa2 issuer (local currency) and debt ratings (foreign currency) of Bogota, and also the Baa2 issuer ratings (foreign and local currency) of the City of Medellin; Colombia’s two largest cities, however the outlook for both cities...
Posted On June 15, 2019
, By Loren Moss
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Copa Sees Airline Passenger Decline, Avianca Sees Increase During May

For the month of May, 2019, Copa Holdings, parent company of Copa Airlines (NYSE: CPA), announced that system-wide passenger traffic (RPMs) decreased 2.6% year over year, while capacity (ASMs or Available Seat Miles) decreased 4.6%.  As a result, system load factor for the month...
Posted On June 15, 2019
, By Loren Moss
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Continental Gold Announces Up To 25.11 g/t Gold Equivalent Sampling Results at Buriticá

Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has just announced high-grade channel sampling assay results from eight development drifts being prepared as part of the underground construction at its fully owned Buriticá project in Antioquia, Colombia. Development of the Buriticá...
Posted On June 15, 2019
, By Loren Moss
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Barranquilla Colombia’s Tecnoglass & C.I. Energia Solar Certified by Dow For Outstanding Quality : 1st Certified In Latin America

Dow Has Certified Barranquilla, Colombia based Tecnoglass (NASDAQ: TGLS) and affiliated company C.I. Energia Solar as obtaining the highest level of quality in application of Dow’s Silicone products in insulated glass and architectural glass applications. Tecnoglass was certified...
Posted On June 15, 2019
, By Loren Moss
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