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//Industry & Commerce
Photo © Loren Moss
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Colombia Extends 40% Tariffs On Clothing & Garment Imports

The new tariffs are broader than those they replace, and apply to imports not exempted by free trade agreements.
Posted On January 8, 2023
, By Loren Moss
Photo © Loren Moss
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Colombia Extends 35% Footwear Import Tariff

The tariffs also apply to unfinished uppers imported for final assembly in Colombia.
Posted On January 3, 2023
, By Loren Moss
In many markets PriceSmart is the only reliable source for high quality grocery imports from the US, such as whole turkeys or authentic bacon, ham, cheeses & condiments.
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CEO Sherry Bahrambeygui Resigns From PriceSmart

Robert Price, the Company's founder and Chairman of the Board, will become Interim Chief Executive Officer. 
Posted On December 13, 2022
, By Loren Moss
Tecnoglass at NASDAQ Opening Bell
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Tecnoglass Announces Fourth Quarter 2022 Cash Dividend

Located in Barranquilla, Colombia, the Company’s 2.7 million square foot, vertically integrated manufacturing complex serves over 1,000 global customers.
Posted On December 7, 2022
, By Loren Moss
Tecnoglass launches on the NYSE
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Tecnoglass Continues String Of Record Results, Announces Share Repurchase Program

Gross profit for the third quarter of 2022 nearly doubled to $105.3 million, representing a 52.2% gross margin
Posted On November 3, 2022
, By Loren Moss
Pricesmart
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PriceSmart Reports Strong Fiscal Q4 Results

Net merchandise sales grew 13%, comp sales were up 9.2%, EPS grew 19%, and 88.9% of memberships are renewing, the retailer reports.
Posted On November 1, 2022
, By Loren Moss
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Colombia Will Require New Motorcycles To Have Antilock Brake Systems (ABS)

After a transition period, new motorcycles without UN or US certified ABS systems will be illegal in Colombia
Posted On October 18, 2022
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Tecnoglass Sets Date for Third Quarter 2022 Results, Conference Call

The conference call will be broadcast live over the Internet. Additionally, a slide presentation will accompany the conference call.
Posted On October 18, 2022
, By Loren Moss
Above: PriceSmart has installed enclosures around cashiers to isolate them from shoppers during checkout, along with other safety measures. Pricesmart Medellín photo: Loren Moss
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PriceSmart To Hold Fiscal 4th Quarter 2022 Earnings Call The End Of October

Will the global slowdown, supply chain disruptions and strong dollar affect PriceSmart results? Tune in this Halloween to find out!
Posted On October 12, 2022
, By Loren Moss
Tecnoglass launches on the NYSE
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Tecnoglass to Attend Upcoming Investor Conferences

Tecnoglass will be participating in the Zelman Virtual Housing Summit & the DA Davidson 21st Annual Diversified Industrials & Services Conference
Posted On September 19, 2022
, By Loren Moss
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