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Month

//November 2023
Mikhail Krasnov, a Russian-born academic who was elected mayor of Tunja, Colombia, in front of a classroom whiteboard.
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Meet Mikhail Krasnov, the Russian Academic Who Was Just Elected Mayor of Tunja, Colombia

The 45-year-old with a doctorate and four master's degrees arrived to Boyacá 15 years ago — never imagining he would someday lead the department capital.
Posted On November 10, 2023
, By Santiago Ramirez
Photo: Frontera Energy's oil operations in Quifa, Colombia.
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Frontera Energy and GCX Energy Report New Discovery at Offshore Guyana Well

Frontera board chair Gabriel de Alba called the discovery another positive development for the company's "potentially transformational investments in Guyana."
Posted On November 9, 2023
, By Jared Wade
A rendering of Cirion's São Paulo office that was slated to open in October 2023. (Credit: Cirion)
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Interview: Along with Changing Its Brand, Cirion Has Continued to Evolve as a Digital Services Provider

"Cirion brings a lot of things to our clients, but we base all of it on the user experience. We work hand in hand with the clients through the entire journey."
Posted On November 7, 2023
, By Loren Moss
tigo colombia tigo une
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Fitch Ratings Upgrades Tigo UNE Ratings to B+ with an “Evolving” Outlook

"This equity injection, along with an agreement to rollover bank debt with Bancolombia, have allowed the company to greatly reduce its refinancing risk," stated Fitch.
Posted On November 7, 2023
, By Editorial Staff
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Tecnoglass Reports Third Quarter Revenues of $210.7 Million USD

CFO Santiago Giraldo: “We see our business performing exceptionally well in a challenging market with share gains driving double-digit organic growth."
Posted On November 6, 2023
, By Editorial Staff
A person looks at their phone while sitting at their desk.
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Nequi Signs Partnership with TerraPay to Facilitate Remittances

"After receiving their remittance in Nequi, users can use the app to send money to other people, make digital and physical payments," said Maria del Pilar Correa of Nequi.
Posted On November 6, 2023
, By Editorial Staff
canada flag colombia pacific alliance (Photo credit: Jared Grove / Phobophile)
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Canadian Tourists Will Have to Pay a Fee to Enter Colombia Starting November 14

The entry fee will cost Canadians 256,000 Colombian pesos and is being imposed in line with the international norm of "reciprocity," according to Migration Colombia.
Posted On November 6, 2023
, By Santiago Ramirez
Power lines
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Appetite for Investing in Colombian Energy Infrastructure Has Been Dampened by Regulatory Actions

The depressed climate has lowered expectations that the energy generation system will realize the new capacity required to meet demand in the "medium term," per the agency.
Posted On November 6, 2023
, By Editorial Staff
Members of the La Misión de Observación Electoral (MOE) meeting in August before the elections.
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Election Day Was Peaceful in Colombia but Violence Against Political Leaders Increased During Campaigns

Although Colombia’s regional elections were more peaceful than those held four years ago, they showed that organized crime continues to be a severe threat to electoral proceedings.
Posted On November 4, 2023
, By Insight Crime
Banco de la Republica, the central bank of Colombia, in Bogotá.
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What Jumps Out: Colombia Gets Back to Business After Regional and Local Elections

Banco de la República left interest rates at 13.25%, a terminal rate that needs to come down ASAP. The cut doesn't need to be radical but at least signal that the easing cycle has begun.
Posted On November 3, 2023
, By Rupert Stebbings
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