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//Loren Moss
Fitch Photo credit: Shashank457 licensed under the Creative Commons Attribution-Share Alike 4.0 International license.
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Colombia’s Economy Still Faces Risks Despite 2019 Data: Fitch

Data from the first half of 2019 indicating that Colombia is on track to meet its 2019 fiscal target without one-off asset sales is a positive development, but meeting the 2020 target could be challenging, says Fitch Ratings. The risks to fiscal consolidation and to the...
Posted On September 9, 2019
, By Loren Moss
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Colombia’s Tourist Town of Guatapé Opens New $6 Million Dollar Lakeside Park

Colombia’s popular tourist town of Guatapé, Antioquia, roughly 2 hours outside of Medellín, has opened a new Malecón, or waterfront parkway, modernizing and increasing public space by more than 19,000 square meters. The public work was realized by joint efforts of the Guatapé...
Posted On September 9, 2019
, By Loren Moss
© Loren Moss
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Blue Marble Microinsurance Renews, Expands Weather Index Insurance For Small Colombian Coffee Growers

Blue Marble Microinsurance is renewing its weather index insurance program for smallholder coffee farmers in Colombia and expanding the coverage significantly.
Posted On September 9, 2019
, By Loren Moss
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South American Wayúu Indigenous Leader Says Petroleum Companies, Multinationals Can Live In Harmony With The Environment & Humanity—If They Follow Certain Principles

Wayúu indigenous leader Monica Barros tells Finance Colombia what multinationals must do to make profits in harmony with communities and the land
Posted On September 8, 2019
, By Loren Moss
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President Duque Inaugurates ANDICOM 2019, Colombia’s Largest Annual IT & Telecom Event

Colombian President Ivan Duque was present in Cartagena today to give the opening address to ANDICOM, Colombia’s largest and most important ICT (Information & Communications Technology) event. Duque announced the creation of an entrepreneurial ecosystem initiative led by...
Posted On September 5, 2019
, By Loren Moss
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Colombia To Create Giant Government Holding Company of 19 State Owned Enterprises

Colombia’s Ministry of Finance and Public Credit (Hacienda) announced that by November, Colombia will restructure its ownership of almost two dozen government-owned companies into a single entity with an expected value of $80 billion USD. The holding company would be comprised of...
Posted On September 5, 2019
, By Loren Moss
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Japan & Colombia Agree To Promote “Orange Economy” Bilateral Trade

Representatives of Colombia and Japan have agreed to establish a permanent working group to advance common interests in trade, investment, and cooperation in the “Orange economy.” The effort was agreed upon during a meeting between Colombian vice minister of trade Laura...
Posted On September 5, 2019
, By Loren Moss
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Carolina Duque Joins Baker McKenzie As Partner In Medellín, Colombia

Global law firm Baker McKenzie has added Carolina Duque to its Colombia Banking and Finance practice. Duque is a local partner specializing in local and international project finance. Duque’s addition is expected to complement the firm’s growth strategy defined by the partners....
Posted On September 4, 2019
, By Loren Moss
Chinese yuan bills _ Renminbi. チャイナマネ
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China’s Expected Deceleration Presents Threat To Colombian & Other Latin American Economies, Says Fitch

Heavy commodity dependence and direct trade exposures represent significant vulnerabilities for Latin American economies if China’s slowdown is sharper than expected, says Fitch Ratings. Large commodity exporters such as Chile, Brazil, Peru and Colombia are likely to be...
Posted On September 4, 2019
, By Loren Moss
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Bancolombia Selects US Based Unisys For Service Desk Support & Cybersecurity Solutions

Unisys Corporation (NYSE: UIS) today announced that Bancolombia (NYSE: CIB) has selected Unisys to support the bank’s digital transformation. Unisys will provide secure digital workplace service capabilities supporting more than 24,000 employees, including a help desk that...
Posted On September 3, 2019
, By Loren Moss
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