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//PressRelease – Edited & Rewritten From Contributed Information Submitted to Finance Colombia
Image by M P from Pixabay
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US State Department Urges: “Reconsider Travel To Colombia” Due To Worsening Conditions

US Department of State: Reconsider travel to Colombia due to COVID-19. Exercise increased caution in Colombia due to crime, terrorism and kidnapping. Some areas have increased risk. Read the entire Travel Advisory. 
Posted On October 30, 2020
, By Loren Moss
Gran Colombia Gold
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Gran Colombia Gold Reports Improved Results For Q3 2020

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 19,699 ounces of gold in September 2020 bringing the total for the third quarter of 2020 to 58,454 ounces, up 4% over the third quarter of 2019. The third quarter 2020 production...
Posted On October 28, 2020
, By Loren Moss
Beautiful Colombian woman shops at PriceSmart
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August PriceSmart Sales Flat, Pressured By Coronavirus Pandemic

For the five weeks ended August 30, 2020, comparable net merchandise sales for the 42 warehouse clubs open at least 13 ½ full months decreased 2.8% when compared to the same period last year.
Posted On October 26, 2020
, By Loren Moss
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US Citizens Abroad, Be Sure To Vote In The Upcoming Election. Here is How:

You can use the FWAB as an emergency, back-up option if you do not have time to return your local ballot. If you send a FWAB and subsequently receive your local ballot, you can vote with the local ballot, too – your election official will count only your local ballot, and you...
Posted On October 15, 2020
, By Loren Moss
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Bancolombia Takes Over Grupo Agromercantil, Fitch Calls The Move Credit Neutral

Bancolombia announced an agreement to acquire full ownership of GAH. Under the agreement, Bancolombia will buy the remaining 40% stake in GAH that it currently does not own. This transaction was approved by the Colombian, Panamanian, Guatemalan, and Barbados regulators.
Posted On October 6, 2020
, By Loren Moss
Photo: An Avianca 787 on the tarmac at José María Córdova International Airport near Medellín in Colombia. (Credit: Avianca)
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US Bankruptcy Court Approves $2 Billion USD Avianca DIP Financing Package

After a $370 million USD government loan was blocked by a Colombian court, a US bankruptcy judge approved a total of $1.217 billion USD in new DIP loans that Avianca was able to negotiate from existing creditors and new investors.
Posted On October 5, 2020
, By Loren Moss
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Spirit Air To Fly Humanitarian Flights From Colombia To US In August

The U.S. Embassy has announced that Spirit Airlines will operate three humanitarian flights at the end of August from Colombia to the United States for US citizens and permanent residents that wish to return to the US during this period of closed airspace due to the Coronavirus...
Posted On August 18, 2020
, By Loren Moss
US DFC CEO Adam Boehler and US National Security Advisor Robert C. O’Brien joined Colombian President Iván Duque to announce the launch of the US-Colombia Growth Initiative. Photo credit: DFC
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Colombia, USA Announce Bilateral Investment & Rural Development Pact

US DFC CEO Adam Boehler and US National Security Advisor Robert C. O’Brien joined Colombian President Iván Duque to announce the launch of the US-Colombia Growth Initiative to strengthen US-Colombia bilateral cooperation while leveraging US government resources to create economic...
Posted On August 18, 2020
, By Loren Moss
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Fitch Downgrades EPM, Citing “Deterioration Of Corporate Governance” After Medellín Mayor’s Usurpations

After the entire board of directors resigned in protest of Medellín Mayor Daniel Quintero's usurpation of board prerogative and corporate governance, international ratings firm Fitch has downgraded EPM's credit rating, and placed it on a negative ratings watch.
Posted On August 17, 2020
, By Loren Moss
IBM Bogotá
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IBM Opens Cognitive Process Transformation Center In Bogotá

IBM has announced the opening of its Cognitive Process Transformation Center in Bogotá Colombia, supporting IBM clients in Spanish, English & Portuguese with various outsourced back-office functions.
Posted On August 10, 2020
, By Loren Moss
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