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By

//Loren Moss
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BPrO: $8.2 Million USD in Deals Done During 2019 Colombia Customer Experience Summit

After the close of last month’s Customer Experience Summit organized by outsourcing industry association BPro (formerly ACDECC), the association announced the signing of trade agreements for approximately USD $8.2 million dollars between buyers and sellers of contact center and...
Posted On June 13, 2019
, By Loren Moss
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CDPQ and IFC Acquire 50% of Colombia’s Alianza: Brokerage, Trust & Asset Management

Australis Partners, an independent private equity firm focused on Latin America, in association with Caisse de dépôt et placement du Québec (CDPQ), a Canadian institutional investor and the International Finance Corporation (IFC), a member of the World Bank Group, today finalized...
Posted On June 13, 2019
, By Loren Moss
Avianca ATR 72-600
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Avianca Sells Regional Airline Subsidiaries in Nicaragua & Costa Rica

Avianca Holdings S.A.,  (NYSE: AVH) (BVC: PFAVH), through its subsidiaries Grupo Taca Holdings Limited and Nicaraguense de Aviacion S.A., closed the sale of its shares in Turboprop Leasing Company Ltd., parent company of the Costa Rican airline Servicios Aéreos Nacionales S.A...
Posted On June 13, 2019
, By Loren Moss
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Aerial Combat: United Airlines Ejects Avianca Chairman Efromovich, Replaces Him With Arch-Nemesis Kriete

Last week United Airlines (NASDAQ: UAL) moved to remove longtime chairman and controlling shareholder Germán Efromovich from Avianca’s  (NYSE: AVH) (BVC: PFAVH), board of directors. Adding insult to injury, United installed Roberto Kriete as the board’s new chairman. All this...
Posted On May 27, 2019
, By Loren Moss
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Interjet Launches New Route Between Medellín & Mexico City, Adding Options For North American Connectivity

Interjet Airlines is beginning service between Mexico and several South America destinations including Medellín, Colombia, Guayaquil, Ecuador and Lima, Peru. These new flights will serve both the business and leisure traveler expanding Interjet’s footprint into South Americ...
Posted On May 26, 2019
, By Loren Moss
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Multinational Executive Captured For Spying For & Funding ELN Terrorist Group In Colombia

In “Operation Poena,” conducted jointly between Colombia’s National Police, Argentina’s Federal Police and Interpol, 74 year old Argentine executive Roberto Jorge Rigoni was captured in Campana, Argentina, 90 kilometers outside of Buenos Aires. According...
Posted On May 24, 2019
, By Loren Moss
Photo credit: Kevin_John_Mauricio from Pixabay
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Clearing Skies: Moody’s Upgrades Colombia Outlook to Stable from Negative

Moody’s Investors Service yesterday changed the outlook on the Government of Colombia to stable from negative. Concurrently, Moody’s has affirmed Colombia’s long-term local and foreign-currency issuer, senior unsecured debt ratings and foreign-currency shelf...
Posted On May 24, 2019
, By Loren Moss
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Gathering Clouds: Fitch Ratings Just Revised Colombia’s Credit Rating Outlook To Negative From Stable

Fitch Ratings has announced today that it has affirmed Colombia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ and revised the Rating Outlook to Negative from Stable. Colombia’s Negative Outlook reflects risks to fiscal consolidation and...
Posted On May 23, 2019
, By Loren Moss
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Finance Colombia To Participate In GFC Media’s Project Finance & Capital Markets Symposium In Miami

Hosted by GFC Media Group, Project Finance & Capital Markets Latin America, exclusively designed for projects in Latin America to be unlocked, and innovative financing solutions in capital markets can be discussed, will be launching on September 4th 2019, at The Four Seasons...
Posted On May 23, 2019
, By Loren Moss
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Mitsubishi Electric Threatened By Criminal Group, Employees Called “Military Objectives”

Japanese multinational Mitsubishi Electric (TYO: 6503) has received threats via an anonymous pamphlet that threatens several managers and supervisors of its Bello, Antioquia factory, and accuses several employees as being complicit with the “Pachelly” criminal gang active in the...
Posted On May 22, 2019
, By Loren Moss
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