Finance Colombia » 2020 » February

Interview: CEO Felix Antelo On How Viva Air Returned To Cali, Is Welcoming First Time Flyers & Growth in Colombia’s Aviation Market

Viva Colombia's Felix Antelo tells Finance Colombia readers why the airline left Cali and how it returned, recent changes in the airline, and the ways the airline is welcoming first-time flyers and foreign tourists and family visitors.

Posted On February 11, 2020

, By Loren Moss

Victoria’s Secret Inks Deal With Colombia’s Leonisa, Publisher of ‘Whites Only’ Catalogs

Leonisa features 6 “top models” on their website. Lada Kravchenko (Russia), Elle Wagner (USA), Marquita Pring (USA), Tamara Lazic (Serbia), Alexandra Elise (USA), and Nina Agdal (Denmark). None are Colombian or from Latin America.

Posted On February 11, 2020

, By Loren Moss

Eric Sprott Ups Stake In Gran Colombia Gold In $40 Million CAD Private Placement

Gran Colombia Gold Announces Closing of CA$40 Million Private Placement; Eric Sprott Increases Investment to Approximately 11%; Gran Colombia Announces It Will Redeem 30% of Its 2024 Gold Notes on March 31, 2020

Posted On February 11, 2020

, By Loren Moss

Photo: Iván Duque Márquez, president of Colombia, briefs reporters during the U.N. General Assembly. (Photo credit: UN Photo/Loey Felipe)

Fitch Ratings Not Impressed With Colombian Government’s Fiscal Strategy

Fitch Ratings released an analysis on Colombia’s tax reforms, stating they will likely signify revenue losses in 2020, underscoring the view that meeting this year’s fiscal deficit target will be challenging and reliant on extraordinary revenues, the ratings firm...

Posted On February 11, 2020

, By Loren Moss

Gas Stations In Northeastern Colombia Shut Down Over Dispute With Government Over Fuel Subsidies

Retail gas stations and wholesale distributors in La Guajira, Colombia’s Atlantic coastal department bordering Venezuela, have closed in protest of the national government’s subsidized gasoline quotas established by MinMinas, Colombia’s ministry of Mines & Energy. La Guajira,...

Posted On February 11, 2020

, By Loren Moss

Photo: Indigenous Colombians living in the harsh, dry lands of La Guajira, one of the nation's poorest regions. (Credit: Macuira Tours)

InsightCrime: Illegal Mining Poisoning Colombia’s Indigenous With Mercury

Mercury contamination caused by illegal mining in Colombia’s Amazon is threatening the welfare of Indigenous communities who are now seeking legal action against the government. Late last year, a group of affected Indigenous communities presented a lawsuit against the government...

Posted On February 11, 2020

, By Loren Moss

State-Owned Qatar Airways Wants 20% Stake In LATAM

Qatar Airways Told Reuters it wants to up its stake in Chile-based LATAM to 20%, equaling Delta's

Posted On February 11, 2020

, By Loren Moss

Campo Quifa, Meta Colombia 12/11/2016 Taladro Petroworks 118 perforando el pozo Quifa 524H en el cluster 39

Frontera Energy Strikes Oil In Colombia’s Lower Magdalena Valley

Canada-based Frontera Energy Corporation (TSX: FEC) has announced a successful find of oil and gas in its La Belleza-1 well in their VIM-1 block, a joint venture with Parex Resources, Inc (TSX: PXT).

Posted On February 11, 2020

, By Loren Moss

ProColombia Opens Registration For 80th Business Matchmaking Forum To Be Held In Medellín

ProColombia has opened registration for the 80th Business Matchmaking Forum to take place in Medellín’s Plaza Mayor Convention Center from March 16-18, expecting to bring together 3,000 entrepreneurs, exporters and buyers from across Colombia and abroad.

Posted On February 11, 2020

, By Loren Moss

Amid Cash Crunch & Depressed Share Value, A Board Shakeup At Arrow Exploration

Arrow Energy has announced that Tim de Freitas, Gustavo Antonio Dajer Barguil and Brian Hearst, have been appointed to the board of directors, and Mauricio Nuñez Restrepo has been appointed as corporate secretary.

Posted On February 11, 2020

, By Loren Moss