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By

//Loren Moss
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KPMG Completes Review of Avianca Interim Financial Statements

Global accounting and audit firm KPMG has completed a review of Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH)  financial statements and notes as of June 30, 2019. A statement and letter to shareholders was prepared, and the letter was entered into the public record via a 6-K...
Posted On September 3, 2019
, By Loren Moss
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Avianca in SEC Filing: “We Are Currently In Payment Default”

Avianca: "Our business may not succeed even if the Re-profiling Plan is successful and the Stakeholder Investment is consummated."
Posted On September 3, 2019
, By Loren Moss
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Canal 1 Cancels Respected Colombia Weekend News Show “Noticias Uno”

Plural Comunicaciones S.A.S, concessionaire of Canal 1, after a financial review and after exploring numerous alternatives together with its partners, has decided to cancel the popular weekend news program Noticias Uno. Well liked by viewers, Noticias Uno has been consistently...
Posted On September 2, 2019
, By Loren Moss
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Chevron Petroleum Launches Food Bank To Serve Colombia’s Wayúu Indigenous Community & La Guajira Peninsula

Chevron Corporation (NYSE:CVX) last week in Bogotá launched a major initiative to support residents of Colombia’s La Guajira department on the country’s Atlantic Coast. The global petroleum giant collaborated with the local Catholic Diocese of Riohacha and many Colombian delivery...
Posted On September 2, 2019
, By Loren Moss
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Colombia Investment Summit Seeks Foreign Direct Investment & Strategic Alliances

The 5th annual Colombian Investment Summit is being held October 29 & 30 in the Grand Ballroom of the Grand Hyatt Hotel in Bogota. Sponsored by Colombia’s Ministry of Commerce, Industry & Tourism along with Colombia’s investment promotion agency ProColombia, the event has...
Posted On September 1, 2019
, By Loren Moss
medical marijuana cannabis khiron life sciences pharmacielo new colombia resources (Credit: eujava / Pixabay)
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Cannabis Company Khiron Life Sciences Announces Pilot WIth Colombian Health Provider EPS Sura

Khiron Life Sciences Corp. ( (TSXV: KHRN), (OTCQB: KHRNF), (Frankfurt: A2JMZC), has announced that its wholly-owned clinic network, the Latin American Institute of Neurology and the Nervous System (“ILANS”), has partnered with Colombian health insurance company...
Posted On September 1, 2019
, By Loren Moss
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Avianca Statement: “We May Have Violated The US Foreign Corrupt Practices Act”

Stormy skies are not clearing anytime soon for Avianca, it seems. Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) announced in a new filing with the US Securities and Exchange Commission (SEC) that it may have violated the US Foreign Corrupt Practices Act, or FCPA.  Apparently, the...
Posted On September 1, 2019
, By Loren Moss
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Colombia Gets $15 Million USD Loan From The IDB TO Strengthen Public Sector Management

Colombia will advance in the modernization of public management through the implementation of an innovative Government Center (Smart Delivery Unit) that will incorporate cutting-edge technologies to support evidence-based decision-making processes with a $15 million loan approved...
Posted On September 1, 2019
, By Loren Moss
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Report: 5% of Colombian Companies Have Lost up to $4 Billion COP Due to Cyberattacks.

The improper access and hijacking of information, the loss or damage of sensitive data, the attacks of hackers and the crash of digital platforms are dangers  that companies of the country face day by day, and that according to a BDO study titled Impact of digital security...
Posted On September 1, 2019
, By Loren Moss
Leopoldo Albuquerque (left) of Smart City Business America
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Leopoldo Albuquerque Has A Libertarian Vision Of Smart Cities In Latin America, With The Public & Private Sectors Collaborating Towards Common Goals

Leopoldo Albuquerque is on a mission to make the cities in Latin America smarter. Though you might think of technology first, Dr. Albuquerque is talking about smarter ways of governing and managing public and shared resources. The founder and Global President of Smart City...
Posted On September 1, 2019
, By Loren Moss
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