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Privacy Policy

PRIVACY POLICY

Last updated May 14, 2025

This privacy notice for Unido Digital Media LLC (doing business as Empleo Bilingue, Finance Colombia, Cognitive Business News, Finance Americas, and other properties) (“we,” “us,” or “our“), describes how and why we might collect, store, use, and/or share (“process“) your information when you use our services (“Services“), such as when you:

  • Visit any website of ours that links to this privacy notice
  • Engage with us in other related ways, including any sales, marketing, or events

Questions or concerns? Reading this privacy notice will help you understand your privacy rights and choices. If you do not agree with our policies and practices, please do not use our Services. If you still have any questions or concerns, please contact us at [email protected].

SUMMARY OF KEY POINTS

What personal information do we process? When you visit, use, or navigate our services, we may process personal information depending on how you interact with our websites and the services, the choices you make, and the products and features you use.

Do we process any sensitive personal information? We do not process sensitive personal information beyond what may normally be included on a resumé or social media profile.

Do we receive any information from third parties? Generally, no. But if you are a potential purchaser of our services or our products, we may utilize business-to-business data enrichment platforms, for example to prepare for scheduled sales meetings to learn about your company or organization. These may include platforms such as LinkedIn, ZoomInfo, web searches, etc.

How do we process your information? We process your information to provide, improve, and administer our Services, communicate with you, for security and fraud prevention, and to comply with law. We may also process your information for other purposes with your consent. We process your information only when we have a valid legal reason to do so.

In what situations and with which types of parties do we share personal information? We may share information in specific situations and with specific categories of third parties.

How do we keep your information safe? We have organizational and technical processes and procedures in place to protect your personal information. However, no electronic transmission over the internet or information storage technology can be guaranteed to be 100% secure, so we cannot promise or guarantee that hackers, cybercriminals, or other unauthorized third parties will not be able to defeat our security and improperly collect, access, steal, or modify your information.

What are your rights? Depending on where you are located geographically, the applicable privacy law may mean you have certain rights regarding your personal information.

How do you exercise your rights? The easiest way to exercise your rights is by visiting one of our several contact forms, such as the contact form on this website, via social media, such as LinkedIn, https://www.linkedin.com/company/unido-digital/ or by contacting us. There are telephony links for Whatsapp on our websites. We will consider and act upon any request in accordance with applicable data protection laws.

 

  1. WHAT INFORMATION DO WE COLLECT?

Personal information you disclose to us.

In Short: We collect personal information that you provide to us.

We collect personal information that you voluntarily provide to us when you register on the Services, express an interest in obtaining information about us or our products and Services, when you participate in activities on the Services, or otherwise when you contact us.

Personal Information Provided by You. The personal information that we collect depends on the context of your interactions with us and the Services, the choices you make, and the products and features you use. The personal information we collect may include the following:

  • names
  • phone numbers
  • email addresses
  • mailing addresses
  • job titles
  • usernames
  • passwords
  • contact preferences
  • contact or authentication data

Sensitive Information. We do not process sensitive information.

Payment Data. We may collect data necessary to process your payment if you make purchases, such as your payment instrument number, and the security code associated with your payment instrument. All payment data is stored by Stripe and PayPal. You may find their privacy notice link(s) here: https://stripe.com/privacy and https://www.paypal.com/us/legalhub/privacy-full.

Social Media Login Data. We may provide you with the option to register with us using your existing social media account details, like your Facebook, Twitter, or other social media account.

All personal information that you provide to us must be true, complete, and accurate, and you must notify us of any changes to such personal information.

Information automatically collected

In Short: Some information — such as your Internet Protocol (IP) address and/or browser and device characteristics — is collected automatically when you visit our Services.

We automatically collect certain information when you visit, use, or navigate the Services. This information does not reveal your specific identity (like your name or contact information) but may include device and usage information, such as your IP address, browser and device characteristics, operating system, language preferences, referring URLs, device name, country, location, information about how and when you use our Services, and other technical information. This information is primarily needed to maintain the security and operation of our Services, and for our internal analytics and reporting purposes.

 

Like many businesses, we also collect information through cookies and similar technologies.

The information we collect includes:

  • Log and Usage Data. Log and usage data is service-related, diagnostic, usage, and performance information our servers automatically collect when you access or use our Services and which we record in log files. Depending on how you interact with us, this log data may include your IP address, device information, browser type, and settings and information about your activity in the Services(such as the date/time stamps associated with your usage, pages and files viewed, searches, and other actions you take such as which features you use), device event information (such as system activity, error reports (sometimes called “crash dumps”), and hardware settings).
  • Device Data. We collect device data such as information about your computer, phone, tablet, or other device you use to access the Services. Depending on the device used, this device data may include information such as your IP address (or proxy server), device and application identification numbers, location, browser type, hardware model, Internet service provider and/or mobile carrier, operating system, and system configuration information.
  • Location Data. We collect location data such as information about your device’s location, which can be either precise or imprecise. The information we collect depends on the type and settings of the device you use to access the Services. You can opt out of allowing us to collect this information either by refusing access to the information or by disabling your Location setting on your device. However, if you choose to opt out, you may not be able to use certain aspects of the Services.
  1. HOW DO WE PROCESS YOUR INFORMATION?

In Short: We process your information to provide, improve, and administer our Services, communicate with you, for security and fraud prevention, and to comply with law. We may also process your information for other purposes with your consent.

We process your personal information for a variety of reasons, depending on how you interact with our Services, including:

  • To create, manage and authenticate accounts: We may process your information so you can create and log in to your account, as well as keep your account in working order.
  • To deliver and facilitate delivery of services to the user. We may process your information to provide you with the requested service.
  • To respond to user inquiries and offer support to users. We may process your information to respond to your inquiries and solve any potential issues you might have with the requested service.
  • To send administrative information to you. We may process your information to send you details about our products and services, changes to our terms and policies, and other similar information.
  • To request feedback. We may process your information when necessary to request feedback and to contact you about your use of our Services.
  • To protect our Services. We may process your information as part of our efforts to keep our Services safe and secure, including fraud monitoring and prevention.
  • To evaluate and improve our Services, products, marketing, and your experience. We may process your information in order to identify usage trends, determine the effectiveness of our promotional campaigns, and to evaluate and improve our Services, products, marketing, and your experience.
  • To identify usage trends. We may process information about how you use our Services to better understand how they are being used so we can improve them.
  • To comply with our legal obligations. We may process your information to comply with our legal obligations, respond to legal requests, and exercise, establish, or defend our legal rights.
  1. WHEN AND WITH WHOM DO WE SHARE YOUR PERSONAL INFORMATION?

In Short: We may share information in specific situations described in this section and/or with the following categories of third parties.

Vendors, Consultants, and Other Third-Party Service Providers. We may share your data with third-party vendors, service providers, contractors, or agents who perform services for us or on our behalf and require access to such information to do that work. We have contracts in place with our third parties, which are designed to help safeguard your personal information. This means that they cannot do anything with your personal information unless we have instructed them to do it. They will also not share your personal information with any organization apart from us. They also commit to protect the data they hold on our behalf and to retain it for the period we instruct. The categories of third parties we may share personal information with are as follows:

  • Payment Processors
  • User Account Registration & Authentication Services

We also may need to share your personal information in the following situations:

  • Business Transfers. We may share or transfer your information in connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our business to another company.
  • We may share your information with our affiliates, in which case we will require those affiliates to honor this privacy notice. Affiliates include our parent company and any subsidiaries, joint venture partners, or other companies that we control or that are under common control with us.
  • Business Partners. We may share your information with our business partners to offer you certain products, services, or promotions.

 

  1. WHAT IS OUR STANCE ON THIRD-PARTY WEBSITES?

In Short: We are not responsible for the safety of any information that you share with third parties that we may link to or who advertise on our Services, but are not affiliated with, our Services.

The Services may link to third-party websites, online services, or mobile applications and/or contain advertisements from third parties that are not affiliated with us and which may link to other websites, services, or applications. Accordingly, we do not make any guarantee regarding any such third parties, and we will not be liable for any loss or damage caused by the use of such third-party websites, services, or applications. The inclusion of a link to a third-party website, service, or application does not imply an endorsement by us. We cannot guarantee the safety and privacy of data you provide to any third parties. Any data collected by third parties is not covered by this privacy notice. We are not responsible for the content or privacy and security practices and policies of any third parties, including other websites, services, or applications that may be linked to or from the Services. You should review the policies of such third parties and contact them directly to respond to your questions.

  1. DO WE USE COOKIES AND OTHER TRACKING TECHNOLOGIES?

In Short: We may use cookies and other tracking technologies to collect and store your information.

We may use cookies and similar tracking technologies (like web beacons and pixels) to access or store information. Specific information about how we use such technologies and how you can refuse certain cookies is set out in our Cookie Notice.

  1. HOW DO WE HANDLE YOUR SOCIAL LOGINS?

In Short: If you choose to register or log in to our Services using a social media account, we may have access to certain information about you.

Our Services offer you the ability to register and log in using your third-party social media account details (like your Facebook or Twitter logins). Where you choose to do this, we will receive certain profile information about you from your social media provider. The profile information we receive may vary depending on the social media provider concerned, but will often include your name, email address, friends list, and profile picture, as well as other information you choose to make public on such a social media platform.

We will use the information we receive only for the purposes that are described in this privacy notice or that are otherwise made clear to you on the relevant Services. Please note that we do not control, and are not responsible for, other uses of your personal information by your third-party social media provider. We recommend that you review their privacy notice to understand how they collect, use, and share your personal information, and how you can set your privacy preferences on their sites and apps.

  1. HOW LONG DO WE KEEP YOUR INFORMATION?

In Short: We keep your information for as long as necessary to fulfill the purposes outlined in this privacy notice unless otherwise required by law.

We will only keep your personal information for as long as it is necessary for the purposes set out in this privacy notice, unless a longer retention period is required or permitted by law (such as tax, accounting, or other legal requirements). No purpose in this notice will require us keeping your personal information for longer than the period of time in which users have an account with us.

When we have no ongoing legitimate business need to process your personal information, we will either delete or anonymize such information, or, if this is not possible (for example, because your personal information has been stored in backup archives), then we will securely store your personal information and isolate it from any further processing until deletion is possible.

  1. HOW DO WE KEEP YOUR INFORMATION SAFE?

In Short: We aim to protect your personal information through a system of organizational and technical security measures.

 

We have implemented appropriate and reasonable technical and organizational security measures designed to protect the security of any personal information we process. However, despite our safeguards and efforts to secure your information, no electronic transmission over the Internet or information storage technology can be guaranteed to be 100% secure, so we cannot promise or guarantee that hackers, cybercriminals, or other unauthorized third parties will not be able to defeat our security and improperly collect, access, steal, or modify your information. Although we will do our best to protect your personal information, transmission of personal information to and from our Services is at your own risk. You should only access the Services within a secure environment.

  1. DO WE COLLECT INFORMATION FROM MINORS?

In Short: We do not knowingly collect data from or market to children under 18 years of age.

We do not knowingly solicit data from or market to children under 18 years of age. By using the Services, you represent that you are at least 18 or that you are the parent or guardian of such a minor and consent to such minor dependent’s use of the Services. If we learn that personal information from users less than 18 years of age has been collected, we will deactivate the account and take reasonable measures to promptly delete such data from our records. If you become aware of any data we may have collected from children under age 18, please contact us at [email protected].

  1. WHAT ARE YOUR PRIVACY RIGHTS?

In Short: You may review, change, or terminate your account at any time.

We have no presence in Europe, so if you are in Europe or anywhere else in the world, understand that you are using our website under the terms, conditions, laws, and jurisdiction of the United States.

Withdrawing your consent: If we are relying on your consent to process your personal information, which may be express and/or implied consent depending on the applicable law, you have the right to withdraw your consent at any time.

However, please note that this will not affect the lawfulness of the processing before its withdrawal nor, when applicable law allows, will it affect the processing of your personal information conducted in reliance on lawful processing grounds other than consent.

Opting out of marketing and promotional communications: You can unsubscribe from our marketing and promotional communications at any time by clicking on the unsubscribe link in the emails that we send, or by contacting us. You will then be removed from the marketing lists. However, we may still communicate with you — for example, to send you service-related messages that are necessary for the administration and use of your account, to respond to service requests, or for other non-marketing purposes.

Account Information

If you would at any time like to review or change the information in your account or terminate your account, you can log in to your account settings and update your user account.

Upon your request to terminate your account, we will deactivate or delete your account and information from our active databases. However, we may retain some information in our files to prevent fraud, troubleshoot problems, assist with any investigations, enforce our legal terms and/or comply with applicable legal requirements.

Cookies and similar technologies: Most Web browsers are set to accept cookies by default. If you prefer, you can usually choose to set your browser to remove cookies and to reject cookies. If you choose to remove cookies or reject cookies, this could affect certain features or services of our Services.

If you have questions or comments about your privacy rights, you may email us at [email protected].

  1. CONTROLS FOR DO-NOT-TRACK FEATURES

Most web browsers and some mobile operating systems and mobile applications include a Do-Not-Track (“DNT”) feature or setting you can activate to signal your privacy preference not to have data about your online browsing activities monitored and collected. At this stage no uniform technology standard for recognizing and implementing DNT signals has been finalized. As such, we do not currently respond to DNT browser signals or any other mechanism that automatically communicates your choice not to be tracked online. If a standard for online tracking is adopted that we must follow in the future, we will inform you about that practice in a revised version of this privacy notice.

  1. DO WE MAKE UPDATES TO THIS NOTICE?

In Short: Yes, we will update this notice as necessary to stay compliant with relevant laws.

We may update this privacy notice from time to time. The updated version will be indicated by an updated “Revised” date and the updated version will be effective as soon as it is accessible. If we make material changes to this privacy notice, we may notify you either by prominently posting a notice of such changes or by directly sending you a notification. We encourage you to review this privacy notice frequently to be informed of how we are protecting your information.

  1. HOW CAN YOU CONTACT US ABOUT THIS NOTICE?

https://www.linkedin.com/company/unido-digital/

  1. HOW CAN YOU REVIEW, UPDATE, OR DELETE THE DATA WE COLLECT FROM YOU?

You have the right to request access to the personal information we collect from you, change that information, or delete it. To request to review, update, or delete your personal information, please visit the contact form on this website, use the Whatsapp icon, or via LinkedIn: https://www.linkedin.com/company/unido-digital/

 

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, By Loren Moss
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Bayport Colombia Receives The 1st $50 Million USD Of A $200 Million Credit Line By US Development Finance Corporation

This is a senior credit line announced in 2020 granted by the United States International Development Finance Corporation
Posted On June 30, 2021
, By Loren Moss
Photo shared from the Twitter account of Jaime Carvajal
1

Colombian ESMAD Riot Police Attack Journalists & Passing Children In Brutal Suburban Bogotá Incident

As the video evidence shows, these are not instances of one or two rogue police officers, but swarms of Colombian police, indiscriminately attacking journalists, bystanders, children...
Posted On June 30, 2021
, By Loren Moss
12

Romanian Cybercriminal Mihai Ionut Paunescu Captured In Colombia

Mihai Ionut Paunescu was placed at the disposal of Colombia’s Attorney General's Office after his arrest by the DIJIN investigative unit of the National Police. Paunescu is accused by US prosecutors as being part of the cybercriminal network that designed the 'Gozi' malware.
Posted On June 29, 2021
, By Loren Moss
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Legal Reconciliation Between Ex EPM CEO & Medellín Mayor Daniel Quintero Fails

Not only did Quintero fire Rendón earlier this year after appointing him to head the city-owned utility conglomerate a year before, Quintero made several public statements that Rendón considers disparaging, slanderous, and untrue leading to the lawsuit.
Posted On June 29, 2021
, By Loren Moss
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US President Biden Calls To Express Support For Colombian President Ivan Duque After Helicopter Attack, But Admonishes Him On Rights Of Protesters

President Biden also voiced support for the rights of peaceful protestors, underscored that law enforcement must be held to the highest standards of accountability, and condemned wanton acts of violence and vandalism, something the Colombian leader omitted in his official account...
Posted On June 29, 2021
, By Loren Moss
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With $54 Million USD Seed Investment, Grupo Sura Launches VaxThera Biologic Pharmaceutical Developer In Colombia

With $54 million USD from Colombian insurance conglomerate Sura, Jorge Emilio Osorio Benitez is launching biological pharma company VaxThera to produce vaccines and other medical therapies within Latin America.
Posted On June 29, 2021
, By Loren Moss
Humanos 3D Foundation Literally “Giving A Hand” To Deserving Young Colombians In Need Of Advanced Prosthetics
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Humanos 3D Foundation Literally “Giving A Hand” To Deserving Colombians In Need Of Advanced Prosthetics

The Humanos 3D Foundation he established is busy providing advanced functional prosthetics to Colombians across the country; many victims of violence, others overcoming congenital medical issues or accidents.
Posted On June 28, 2021
, By Loren Moss
Shikun & Binui
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FDN Loans 200 Billion Pesos To The 4G Autopista Río Magdalena 2 Highway Project

The 153.2km project will connect Medellín with the Ruta del Sol highway and with the department of Santander and will also improve Bogotá's connection with the Caribbean ports.
Posted On June 28, 2021
, By Loren Moss
Colombian native Leonardo Garzon (above) has been appointed as the new Latin America managing director for global insurance provider McLarens,
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Leonardo Garzon Appointed McLarens Managing Director For Latin America

Garzon is a recognized leader within the region, holding 25 years of experience in forensic engineering, construction vulnerabilities, and pre-loss and post-loss consulting. His experience in the provision of risk and loss adjusting services includes advising on high value...
Posted On June 28, 2021
, By Loren Moss
In May 2021 Viva's position was reconfirmed as the most punctual airline in Colombia with 93.3% according to OAG: https://www.oag.com/en/on-time-performance-data
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Viva Crowned Most Punctual Airline In Colombia, 94.9% On-Time Rating

Since February 2021 when OAG resumed its post-pandemic punctuality measurement, Viva remains the most punctual airline in Colombia with a weighted average of 94.9%, between February and May of this year, continuing a 3-year run.
Posted On June 26, 2021
, By Loren Moss
A Khiron agricultural technician in their Ibagué, Tolima facilities.
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Khiron Awarded High-THC Extract Export Quotas for Mexico by the Government of Colombia

Khiron plans to launch its Zerenia clinics across Mexico in 2021, building on the success of its vertically integrated model in Colombia and Peru, & leveraging its education partnership with Tecnologico de Monterrey.
Posted On June 26, 2021
, By Loren Moss
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itel Rebrands, Launches Expansion Into Colombia, Guyana, Honduras

Founded in Jamaica, the rebrand highlights the company’s expansion into new operations in Guyana and Honduras & a technology development center in Colombia.
Posted On June 26, 2021
, By Loren Moss
2

Colombia President Attacked During Flight; Helicopter Shot 6 Times

The helicopter carrying Colombian President Ivan Duque was shot 6 times as it approached the airport in Cúcuta, a Colombian city that borders Venezuela. The US-made Black Hawk military helicopter was able to land safely after taking fire.
Posted On June 26, 2021
, By Loren Moss
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What Jumps Out – Fedesarrollo (June)

Monday saw the latest surveys released by Fedesarrollo - the Financial Opinion Survey (FOS) & Stock Market Confidence Indices (SMCI) - for the month of June. The overall confidence number stands at 96.97% which is up 5.1% from May - breaking that down we see other improvements.
Posted On June 25, 2021
, By Rupert Stebbings
Selected sample from the tin-tantalum target area (CNW Group/Auxico Resources Canada Inc.)
1

Auxico Reports Abundance of Rare Earths & Tin In Vichada, Colombia Exploration

Tantalum is widely used in every kind of electronic device, such as phones, computers, automotive electronics and cameras.  Tantalum alloys can be extremely strong and have been used for turbine blades, rocket nozzles and nose caps for supersonic aircrafts.
Posted On June 25, 2021
, By Loren Moss
Luis Merchan, the CEO of Flora Growth.
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Colombian Cannabis Cultivator Flora Growth Bucks Convention WIth NASDAQ IPO – CEO Luis Merchan Explains Why

Flora Growth Corp (NASDAQ: FLGC) last month became the first ever cannabis cultivator to list on the NASDAQ stock exchange in the US without using a SPAC (Special Purpose Acquisition Company), reverse merger, or dual listing, and became the first all-outdoor cannabis grower to...
Posted On June 23, 2021
, By Loren Moss
1

Interview: Medellín City Councilman Daniel Carvalho On The EPM Crisis, Medellín Governance & Colombia Unrest

City council member Daniel Carvalho has said enough is enough, and that the mayor’s mismanagement is putting Colombia’s second largest enterprise and Medellín’s single largest municipal revenue source at grave risk.
Posted On June 23, 2021
, By Loren Moss
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Rider Beware! Über Overcharging Some Colombia Riders With Airport Surcharges For Non-Airport Trips

The takeaway from this seems to be: Always check carefully the presented fares before accepting a trip. If something doesn’t seem right, or if there are surcharges that don’t coincide with the trip starting point or destination, the traveler is wise to understand available...
Posted On June 22, 2021
, By Loren Moss
The latest aircraft delivered has the livery nickname “Efecto Viva” after the phenomenon the airline says occurs when competitors lower their prices significantly whenever Viva enters a new market.
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Aviation Capital Group Announces Delivery of Eighth Airbus A320neo to Viva Air

Viva has recently added Orlando flights to its Miami flights in the US, and increased flights between Medellín, Colombia and Miami to four daily, up from one daily round trip. The carrier has also launched flights to México City and Cancún.
Posted On June 22, 2021
, By Loren Moss
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¡Blinblineo! Bogotá Police Capture Suspect Near Airport With $500,000 USD Cash & No Excuses

Prosecutors charged Rico with money laundering, to which he pled not guilty. A judge ordered Rico, the truck and the cash held pending trial.
Posted On June 22, 2021
, By Loren Moss
Hired in October 2019 to the role of Managing Director and Chief Legal Counsel, Khiron Europe, Katterbach's promotion to the position of President aligns with the company's commitment to diversity and inclusion throughout the organization, including at the executive level, the company said in a statement.
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Khiron Life Sciences Appoints Franziska Katterbach As President, Europe

Hired in October 2019 to the role of Managing Director and Chief Legal Counsel, Khiron Europe, Katterbach's promotion to the position of President aligns with the company's commitment to diversity and inclusion throughout the organization, including at the executive level, the...
Posted On June 21, 2021
, By Loren Moss
Rodriguez has a postgraduate degree in Information Technology Management from the Colombian School of Business Administration (EAN), and he holds the CISSP and CISM certifications.
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ETEK Appoints Carlos Rodríguez as Advisory & Consulting Director for LATAM and APAC

“At Etek, I’ll be responsible for leading advisory-led client engagement, helping clients transform into the digital era”, said Rodriguez, who will also lead Etek's cybersecurity advisory services vision, evangelizing new solutions to address client business challenges, lead a...
Posted On June 21, 2021
, By Loren Moss
Viva Air Foundation & Humanos 3D Team Up To Provide Custom Prosthetics To Valledupar Youth
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Viva Air Foundation & Humanos 3D Team Up To Provide Custom Prosthetics To Valledupar Youth

Prosthetics of this type can cost almost $2,000 USD in Colombia, but due to support from benefactors such as the Viva Air Foundation and the Australian Embassy, Humanos 3D hopes to fabricate and donate at least 100 in 2021.
Posted On June 20, 2021
, By Loren Moss
Bernio Jordan Enzo Verhagen - Photo: Twitter
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Dutch Con-Man Captured By Prostitutes After Ripping Off Colombian Tourism Businesses

Police quickly appeared and had to save Verhagen from a lynching by the indignant crowd that the prostitutes had organized.
Posted On June 18, 2021
, By Loren Moss
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US Government Imposes Travel Ban On Dogs From Colombia & Other Countries – Cases Of Fake Vaccine Certificates Are To Blame

Dr. Emily Pieracci of the CDC told US News Outlet NPR that during 2020, the CDC discovered over 450 cases of dogs arriving to the US from certain countries with false vaccination certificates, prompting the agency to issue the emergency order.
Posted On June 17, 2021
, By Loren Moss
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Asurion Opens 1500 Seat Tech Support Center In Bogotá

Asurion is expected to create more than 1,500 local full-time jobs within 2021 for candidates with a high proficiency in Spanish and English in positions as technical support customer care and sales representatives, with additional human resources, operations, training, and...
Posted On June 14, 2021
, By Loren Moss
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Viva Air Launches Medellín – Orlando Route

Viva recently inaugurated direct routes to Mexico City from Bogotá, and to Cancun from Medellín with four and three weekly flights, respectively. Similarly, in early August it will begin operations to Mexico City from Medellín, with four flights a week.
Posted On June 14, 2021
, By Loren Moss
Reason Foundation's Daniel Raisbeck
4

The Reason Foundation’s Daniel Raisbeck On What Peru’s Election Can Tell Us About Economic Liberty In Colombia & Latin America

What can observers take from events in Peru? And what takeaways are relevant for Colombia’s upcoming 2022 elections, and for economic and civil liberty more broadly in the Americas? Daniel Raisbeck has some prescient observations.
Posted On June 13, 2021
, By Loren Moss
Tuesday was a historic day in Colombia - not because the football team managed to snatch a 2-2 draw against Argentina in a World Cup qualifier, but because it represented the first time ever that local investors could buy and sell Chilean stocks in local currency.
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What Jumps Out – The Chileans Are Here!

Tuesday was a historic day in Colombia - not because the football team managed to snatch a 2-2 draw against Argentina in a World Cup qualifier, but because it represented the first time ever that local investors could buy and sell Chilean stocks in local currency.
Posted On June 13, 2021
, By Rupert Stebbings
According to Tracxn, Frubana, an online marketplace offering fruits & vegetables, has raised a $65M Series B investment round from GGV Capital, Lightspeed Venture Partners, SoftBank Corp, Tiger Global Management, and Monashees.
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Frubana Raises $65 Million In Series B Funding

According to Tracxn, Frubana, an online marketplace offering fruits & vegetables, has raised a $65M Series B investment round from GGV Capital, Lightspeed Venture Partners, SoftBank Corp, Tiger Global Management, and Monashees.
Posted On June 13, 2021
, By Loren Moss
colombia renewable solar wind geothermal (Photo credit: MaxPixel)
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ABO Wind Signs Power Purchase Agreement With Grupo Renovatio After Landmark Private Renewable Auction

With this agreement, Renovatio enables the entry of two new solar farms to the Colombian electricity generation market, consolidating the entry of two new multinational players listed on major European stock exchanges.
Posted On June 13, 2021
, By Loren Moss
Daniela Trejo is the new Secretary of Economic Development, Innovation & New Economies for Antioquia
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Daniela Trejo, Antioquia’s New Secretary of Economic Development Says Despite The Pandemic, Antioquia Is Open For Business & Investment

Antioquia's new secretary of economic development has obviously done her homework, and has a lot to say on the goals she and the governor's administration has for the area. In this interview, Daniela Trejo speaks with Finance Colombia's Loren Moss on Antioquia's rapid growth,...
Posted On June 13, 2021
, By Loren Moss
Pricesmart
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PriceSmart Continues To See Strong Growth, Reports Double Digit May Sales Increase

PriceSmart, Inc. (NASDAQ: PSMT) announced that net merchandise sales in May increased 16.3% to $286.4 million from $246.3 million in May a year earlier. Comparable net merchandise sales for the 45 warehouse clubs open at least 13½ full months increased 12.0% when compared to the...
Posted On June 9, 2021
, By Loren Moss
Rupert’s opinions & analysis as an independent expert contributor are his own and not necessarily those of Finance Colombia or the BVC.
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What Jumps Out : Reactivation

This past week most headlines have been so contaminated with politics it has been hard to find much else to discuss. Everyone who ever picked up a banner and marched in Colombia is a descendant of Vladimir Lenin and anyone who ever owned a business has modeled it on the Victorian...
Posted On June 9, 2021
, By Rupert Stebbings
Iris CEO, banking industry veteran Lorenzo Garavito.
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New Colombian Digital Bank “Iris” Seeks To Enable Business Clients With Technology

The new Colombian tech-forward bank offers interest bearing business accounts with no transactions or maintenance fees, and a 100% digital services portfolio, says Iris CEO, banking industry veteran Lorenzo Garavito.
Posted On June 9, 2021
, By Loren Moss
Travelers arriving to Colombia are no longer required to obtain a negative COVID test to enter the country.
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Travelers to Colombia No Longer Required to Provide a Negative COVID-19 Test Result

Travelers presenting COVID symptoms are still prohibited from flying, and travelers, foreign & domestic must report any symptoms to Colombian authorities. Masks must still be worn at all times in airports and commercial aircraft. Travelers to destinations from Colombia must...
Posted On June 7, 2021
, By Loren Moss
Avasant and Unisys are pleased to invite you to the LATAM Digital Forum,
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Join Avasant & Unisys Next Week To DIscuss The Future Of Work

Avasant and Unisys are pleased to invite you to the LATAM Digital Forum, "Transforming Your Enterprise for the Future of Work." This session will be taking place on Wednesday, June 16th at 8:00 AM PDT | 10:00 AM CDT.
Posted On June 7, 2021
, By Loren Moss
Maracaibo - Barquisimeto bus ticket booth. Photo © Loren Moss
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Here Is How Colombia’s Temporary Protected Status For Venezuelan Refugees Works

Venezuelan refugees in Colombia may now be protected under Temporary Protected Status, but there are important conditions and limitations. Attorney Humberto Rodriguez explains key provisions of this new measure.
Posted On June 7, 2021
, By Humberto Rodriguez
tecnoglass inc barranquilla colombia glass, window, jose daes plate mover
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Tecnoglass Announces Dividend, To Present At Baird, Stifel Investor Conferences This Week

Tecnoglass will present at the following virtual investor conferences: The Baird 2021 Global Consumer, Technology & Services Conference, June 9, 2021 & the Stifel 2021 Virtual Cross Sector Insight Conference, June 10, 2021
Posted On June 7, 2021
, By Loren Moss
Ivan Duque photo credit César Carrión of the Presidencia de la República
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In Apparent Desperation, Colombian President Ivan Duque Releases English Self-Interview, Whining About Protests & Deflecting Blame

As the video is in English, it appears not directed at Colombians, but at influencing his image in the eyes of foreigners. Under 3 years of Duque’s presidency, Colombia has lost its investment grade currency rating, experienced multiple cases of police abuse, record levels of...
Posted On May 25, 2021
, By Loren Moss
passport courtesy kpgolfpro - pixabay
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Some US Citizens May Travel On Expired Passports Under These Conditions:

Please be advised that currently, routine passport processing in the United States can take 10-12 weeks.  If you need a passport in less than 10-12 weeks due to international travel plans, you can pay an additional $60 fee to expedite your passport, which will shorten the...
Posted On May 25, 2021
, By Loren Moss
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Originally Viva Colombia, Viva Air Rebrands As “VIVA;” With Growth, The Airline Seeks To Connect The Americas & Caribbean

With the deployment of operations to new national and international destinations this year, the airline will operate 26 routes to 12 domestic destinations and seven international routes to five destinations that include Peru, Mexico and the United States. Viva estimates that as a...
Posted On May 25, 2021
, By Loren Moss
25 alleged members of the Diamante gang were captured in raids across 4 cities. (Photos: Fiscalia General de Colombia)
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US, Colombian Officials Bust Transnational Weapons Trafficking Syndicate

In raids last Tuesday, 22 people were captured by court order and 3 more in flagrante delicto. In 28 raids, an arsenal containing short- and long-range firearms, different caliber ammunition and $97 million in cash was seized.
Posted On May 21, 2021
, By Loren Moss
isagen colombia FDI
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Colombian Infrastructure Firms’ Credit Downgraded Follow Sovereign Currency Junk Rating

S&P says it may downgrade these companies in case of a similar rating action on Colombia. The firm could lower the sovereign ratings if the potential long-term damage caused by the pandemic, other domestic developments, or new external shocks, prevent the Colombian economy from...
Posted On May 21, 2021
, By Loren Moss
The 3rd
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Colombia Oil & Gas Congress Returns Online 21-25 June, 2021

The 3rd "Colombia Oil & Gas" Online Business Congress and 1-2-1 meetings is an international business platform bringing together flagship oil and gas companies from Latin America and world suppliers for the industry. The Colombia Oil & Gas 2021 Online Business Congress enables...
Posted On May 21, 2021
, By Loren Moss
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Colombian Financial Entities Take Ratings Hit After Country Currency Downgraded To Junk

As ratings agency Standard & Poor lowered Colombia's sovereign currency rating from investment grade into junk status, two government development banks and one commercial bank also took the hit. Findeter, FDN & Banco Davivienda al saw credit ratings drop out of investment grade,...
Posted On May 21, 2021
, By Loren Moss
Image by David Mark from Pixabay
3

S&P Lowers Colombian Currency Rating to Junk: BB+

The move further weakens Colombia’s precarious financial position brought on by the COVID-19 pandemic, causing an almost 7% contraction in the country’s economy. Fitch may likely downgrade Colombia as well, as the country already sits at the firm’s lowest investment grade before...
Posted On May 21, 2021
, By Loren Moss
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What Jumps Out – Standard & Poor Makes Their Move (Colombia Downgraded To Junk)

The big question is what Fitch (BBB-) & Moody's (Baa2) chose to now do. Will they wait to see what is contained within 'Tax Reform II' when it is resubmitted? The issue is that there is little clarity on when that will be. Congress will shut down for the holidays in just over a...
Posted On May 20, 2021
, By Rupert Stebbings
Headline photo of the Kronosaurus Boyacensis fossil in Villa de Leyva, Boyacá, Colombia By Edward M Johnson - FunkMonk, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=11475799
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Colombian Paleontology: A Wealth Of Opportunities But Serious Challenges

Protecting fossils goes beyond preventing them from being used to construct roads or being the basis of illegal trade, Patarroyo said. By preserving, studying, and teaching about fossils paleontology can contribute to a sense of belonging and responsibility to the land. This...
Posted On May 14, 2021
, By Eos AGU
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Colombia Approves Delta Airlines – LATAM Joint Venture, Chile Has Yet To Rule

The joint venture between Delta and LATAM airlines has been in the works since 2020, after Delta managed to break LATAM's long-standing business partnership with American Airlines in order to strengthen its presence in Latin American markets.
Posted On May 14, 2021
, By Loren Moss
tecnoglass inc barranquilla colombia glass, window, jose daes plate mover
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Tecnoglass to Present at Sidoti Microcap Virtual Investor Conference On May 20

A live broadcast of the presentation, including presentation materials, may be accessed through the Investor Relations section of the Tecnoglass website. A replay of the webcast will be available after the event.
Posted On May 13, 2021
, By Loren Moss
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Viva Air Increases Miami-Medellín Flights To 4 Daily, Seeks To Add 2 New Medellín-Argentina Routes

Viva Air has quietly increased the daily frequency of flights between its Medellín hub and Miami, Florida fron one daily flight up to as many as four daily flights in June. Viva has pledged to add 15 more international routes, and has already filed for permission to operate...
Posted On May 13, 2021
, By Loren Moss
Donations were transported on three Viva flights, from Medellín and Bogotá to Riohacha on April 14, 15 and 16; and delivered by the Vice Minister of Education to 11 educational establishments in the municipalities of Dibulla, Manaure and Riohacha.
1

Viva Air Foundation Delivers School Supplies to 3,502 Students in La Guajira, Colombia

Donations were transported on three Viva flights, from Medellín and Bogotá to Riohacha on April 14, 15 and 16 to 11 educational establishments in the municipalities of Dibulla, Manaure and Riohacha. The airline also transported 1,000 backpacks donated by the Totto brand and 500...
Posted On May 11, 2021
, By Loren Moss
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What Jumps Out: Band-Aid (or, Colombia’s Dire Economic Straits Need A Bit More)

Against the backdrop of the images we have seen, it appears almost churlish to discuss Colombia's investment grade credit rating, however its removal would have more effect on those protesting than most of them could imagine.
Posted On May 11, 2021
, By Rupert Stebbings
Tecnoglass has a 3 million square foot headquarters and production facility in Colombia's Atlantic port city of Barranquilla
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Tecnoglass Announces Record Q1 2021 Results, Shares Trading At All Time Highs As Guidance Remains Positive

Tecnoglass raises Full Year 2021 Growth Outlook to Adjusted EBITDA1 of $115 Million to $125 Million on Total Revenues of $420 Million to $435 Million. Record Cash Flow From Operations of $29.0 Million Marks 4 Straight Quarters of Exceptional Cash Generation and Supporting Further...
Posted On May 11, 2021
, By Loren Moss
Justin Trudeau in Canada (Photo credit: Adam Scotti / PMO)
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Canada Government Calls Out Colombian Police Brutality In Statement, Offers Assistance to Canadians

At any time, Canadians requiring emergency consular assistance can contact the Embassy of Canada to Colombia in Bogotá at 57 (1) 657-9800 or Global Affairs Canada’s 24/7 Emergency Watch and Response Centre in Ottawa by calling +1 613 996 8885 collect or by sending an email...
Posted On May 11, 2021
, By Loren Moss
1

Nobody Likes Ivan: Understanding The Nationwide Protests & Unrest In Colombia

Colombian President Ivan Duque's withdrawal of his controversial tax hikes were not enough to stop nationwide protests in Colombia. The reason the protests continue vary, with much legitimate discontent and dissatisfaction, but provocateurs and common criminality must also be...
Posted On May 5, 2021
, By Loren Moss
Headline photo: Peaceful protesters in the Medellín neighborhood of San Javier (photo: Julian Padierna)
1

United States Government, United Nations Call On Colombian Government To Respect Human Rights Amid Nationwide Unrest

Colombia's own government human rights ombudsman has reported alarm at over 87 cases of disappearances in areas where there have been clashes between protestors or rioters and government security forces. While there have been incidents of looting and rioting, there have been...
Posted On May 5, 2021
, By Loren Moss
Cali's Alfonso Bonilla Aragón International Airport (CLO) in the suburb of Palmira (Photo: Loren Moss)
1

Aerocivil Announces Reopening of Cali Colombia’s International Airport

All passengers should contact their air carriers directly to confirm flight measures or to make necessary arrangements. Please contact your air carrier directly. Finance Colombia does not provide airline or passenger service.
Posted On May 4, 2021
, By Loren Moss
1

“Let’s Not Hit Each Other Anymore” — Colombian Riot Police Stop Battling Protesters, & Then Join Them

You can hear in the video (in Spanish) that his call was met with lots of skepticism, though some in the group urged calm, to hear him out. He continued...
Posted On May 4, 2021
, By Loren Moss
“On the issue of eggs, it depends on its quality. Let’s say $1,800 COP (48 cents, US) a dozen or something like that.”
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Finance Minister Alberto Carrasquilla Replaced By José Manuel Restrepo As Colombia’s Finance Minister After Tax Package Leads To Deadly Nationwide Protests

Carrasquilla became the personification and villain of the tax package—and dissatisfaction with the Duque administration more broadly—after admitting to Colombian journalist Vicky Davila in the weeks leading up to the protests that as one of Colombia’s elite, he had no idea how...
Posted On May 4, 2021
, By Loren Moss
President Duque withdraws the Fiscal Reform package.
2

Colombian Fiscal Reform Proposal Defeated By Protests, President Ivan Duque Admits Defeat

Colombian President Ivan Duque announced that he was asking Congress to withdraw from consideration his fiscal reform package, brainchild of his Finance Minister Alberto Carrasquilla. The controversial package was put forward to broaden the Colombian government’s revenue base,...
Posted On May 4, 2021
, By Loren Moss
Cali's Alfonso Bonilla Aragón International Airport (CLO) in the suburb of Palmira (Photo: Loren Moss)
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Colombian Government Closes Cali International Airport Due To Civil Disturbances

Last night, Aeronáutica Civil (Aerocivil), Colombia’s civil aviation authority announced the temporary closure of the Alfonso Bonilla Aragón International Airport (above) in the Cali suburb of Palmira, leaving passengers stranded both at the airport and at other domestic and...
Posted On May 4, 2021
, By Loren Moss
Image: twitter
3

Colombian Anger With President Duque’s Administration Boils Over Into National Protests & Violent Confrontations With Riot Police

Beyond the tax reform, which was the primary theme of the protests, Colombians took the opportunity to express deep discontent with the current government’s failure to manage the COVID pandemic, and lack of vaccines available in the country, and the government’s failure to...
Posted On April 30, 2021
, By Loren Moss
Jorge Andrés Carrillo Cardoso Appointed As New CEO of EPM
1

Jorge Andrés Carrillo Cardoso Appointed As New CEO of EPM

Bond investors and ratings agencies will be watching closely for signs that Carrillo has both the autonomy and acumen to successfully move the company forward while avoiding the political intrigue brewing in Colombia’s second largest city.
Posted On April 29, 2021
, By Loren Moss
Juan Manuel Barrientos of El Cielo
1

El Cielo Is Now The First Colombian Restaurant To Earn A Michelin Star

  Chef Juan Manuel Barrientos, has become the first Colombian to win a Michelin star for his newest Colombian themed ElCielo restaurant, located in Washington D.C. ElCielo, a concept based on neuroscience applied to local products and ancestral roots is also the first Colombian...
Posted On April 29, 2021
, By Loren Moss
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What Jumps Out: Colombians Out On The Streets

Administrations come and go but the country needs to move forward, and the failure of the tax reform is currently threatening the short-term future of Colombia.
Posted On April 29, 2021
, By Rupert Stebbings
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