Finance Colombia » Loren Moss

Former Colombian President Alvaro Uribe, 2 Sons Are Infected With Coronavirus COVID-2

1 day after being detained in house arrest by Colombia’s supreme court on charges of witness tampering, former president and current senator Alvaro Uribe is infected with the COVID-2 Coronavirus, that leads to the COVID-19 disease.

Posted On August 5, 2020

, By Loren Moss

Breaking News: Former Colombian President Alvaro Uribe Under House Arrest

For the first time in modern history, a former Colombian president has been detained and must face criminal charges. Alvaro Uribe & his lawyer are charged with witness tampering and bribery in an attempt to falsely accuse an opposition senator.

Posted On August 4, 2020

, By Loren Moss

Photo of Marta Lucia Ramirez by Felipe Castaño, Vicepresidency of The Republic

Exposed For Verified Family Ties To Narcotraffickers, Colombia’s Vice President Files Criminal Charges Against Investigative Journalist

Colombia's Vice President Marta Lucia Ramirez filed criminal charges against investigative journalist & British citizen Jeremy McDermott after he reported on a business deal between the Vice President's husband and alleged narcotrafficker and paramilitary leader Guillermo León...

Posted On August 1, 2020

, By Loren Moss

DHL Express To Open 10 New Retail Service Locations In Colombia

DHL Express announced that it is in the process of opening 10 additional retail service centers throughout Colombia during the second half of 2020 to serve growing demand for international express shipping.

Posted On July 30, 2020

, By Loren Moss

Photo credit: Tienda Movistar» de Andreuvv - Trabajo propio. Disponible bajo la licencia CC BY-SA 3.0 vía Wikimedia Commons

Movistar Issues $500 Million USD In Bonds

Telefonica’s Colombian subsidiary Colombia Telecomunicaciones, operating under the Brand name Movistar, has raised $500 million USD in senior unsecured notes, the company has announced. $350 million of the placement proceeds will be used to replace senior unsecured notes issued...

Posted On July 30, 2020

, By Loren Moss

Ecopetrol, Universities Launch Cosmetic Palm Oil Development Initiative

The initiative seeks to diversify the country’s economy, spur industrial innovation, and promote Colombia’s palm oil industry that enjoys significant sustainability and social advantages over other global palm-oil producing regions.

Posted On July 30, 2020

, By Loren Moss

Viva Air Receives Post COVID-19 Biosecurity Approval From Colombian Government

Colombian low-cost airline Viva Air became the first airline to receive the “Check in Certificado” safety certificate developed by Colombia’s Ministry of Commerce Industry & Tourism and issued by Colombia’s Institute of Technical Standards and Certification, ICONTEC.

Posted On July 29, 2020

, By Loren Moss

Colombia’s 4G Autopista al Mar 1 Highway Project 71% Complete

In Cañasgordas, Autopista al Mar 1 will connect with the Autopista al Mar 2 project which runs from Cañasgordas to the Gulf of Urabá on Colombia’s Atlantic coast, where the Puerto Antioquia ocean port & terminal is under construction.

Posted On July 29, 2020

, By Loren Moss

Bogotá Class-A Office Space Pricing Down 8-9% According To Cushman & Wakefield

With several real estate projects expected to open in 2H2020, office rents are down and vacancy up in Colombia's capital city according to brokerage Cushman & Wakefield. Net absorption is negative due to the COVID-19 Pandemic.

Posted On July 29, 2020

, By Loren Moss

Image courtesy Sanaty - Twitter https://www.facebook.com/ipssanaty/photos/pcb.1034819156654376/1034818803321078/

QuestCap Social Impact Investors Take 28% Stake In Colombian Health Clinic Sanaty IPS

The company will also have an option to acquire an additional 10% equity interest in LCP Barbados from Latin-Canada Pharma within 60 days following the closing of the transaction by paying USD$600,000 to the shareholders of Latin-Canada Pharma Inc.

Posted On July 29, 2020

, By Loren Moss