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Month

//August 2021
tecnoglass on NASDAQ
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Tecnoglass Declares Quarterly Dividend

The dividend will be paid on October 29, 2021 to shareholders of record as of the close of business on September 30, 2021. Tecnoglass serves multi-family, single-family and commercial end markets, and is the second largest glass fabricator serving the U.S. and the #1...
Posted On August 31, 2021
, By Loren Moss
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What Jumps Out – All Change (At The Central Bank)

We have seen a slight rebound over recent sessions as the peso recovers from the perfect storm of a lost investment grade, a wobbly oil price and forthcoming elections. Another major factor for the peso will be exports and there was good news on that front for July.
Posted On August 31, 2021
, By Rupert Stebbings
We are told cute dogs stimulate purchases, so above is Finance Colombia founder Loren Moss' dog Juana.
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Finance Colombia Needs You! Help Us Provide You With More & Better Investment & Business Coverage Centered On Colombia

You are among the world's intellectual elite. You are a reader of Finance Colombia, now we invite you to become a member. Join us and support Finance Colombia’s critical mission as we gear up to go in-depth during the coming presidential election year.
Posted On August 30, 2021
, By Loren Moss
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What Jumps Out: Debate Time – Colombia’s Tax Reform 2

Reportedly 100 new ideas have been added to Colombia's second attempt at tax reform this year, and four original provisions have already been axed.
Posted On August 26, 2021
, By Rupert Stebbings
Ecopetrol Huila colloidal dispersion gels injection plant (CDG) in its Dina Cretaceous field
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S&P Reaffirms Ecopetrol At BB+ After ISA Acquisition

S&P left Ecopetrol's individual standalone credit rating at 'bbb- ' with stable outlook, the company announced last week, after its acquisition of electrical grid operator ISA.
Posted On August 26, 2021
, By Loren Moss
Above photo: Parque Del Café is an amusement park minutes outside of Armenia that entertains visitors while educating them on coffee culture. Photo © Loren Moss
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Copa Airlines To Start Panamá – Armenia, Quindío Route In December

Along with Pereira and Manizales, Armenia is part of the Colombian “Eje Cafetero” (coffee axis), and its many coffee farms have become international tourist attractions. There are even coffee-themed and agriculture themed amusement parks nearby.
Posted On August 26, 2021
, By Loren Moss
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Support For Globalization Declines In Colombia, According To World Economic Forum Report

55% of Colombians support more trade barriers to imports of foreign goods and services, while a majority of 54% of Colombians still agree that “Overall, globalization is a good thing for my country.”
Posted On August 26, 2021
, By Loren Moss
Image by PublicDomainPictures from Pixabay
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Insurance Sector Says Property Damage From Colombia Unrest Exceeds $62 Million USD

The amount represents claims for 5,158 insured risks, including real estate, public transport, private goods, vehicles, and cargo. According to Fasecolda, insurers expect to pay $154.7 billion pesos on 1,850 private risks, and $60.7 billion on 347 public-sector risks.
Posted On August 26, 2021
, By Loren Moss
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Syndicalist Groups In Colombia Call For More Strikes After Government Releases New Tax Reform Proposal

Colombia's "Comité Nacional de Paro," a coalition of labor unions and syndicalist groups has called for national strikes in Colombia for the 2nd time this year, after the government released a revised fiscal package.
Posted On August 26, 2021
, By Loren Moss
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Expert Analysis: Colombia’s Tax Reform 2.0 – What’s In It?

Another aspect is the normalization tax complementary to income tax. This 17% tax would be reincorporated with the purpose of normalizing omitted assets or nonexistent liabilities, and would be in force for the year 2022. During 2021 an advance payment of 50% must be made.
Posted On August 25, 2021
, By Humberto Rodriguez
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