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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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Alex Saab, Colombian Businessman and Deal Maker for Venezuelan Regime Extradited To US From Cape Verde

Colombian President Iván Duque lauded the extradition of Saab, calling it a “triumph in the fight against drug trafficking, money laundering and corruption led by the dictatorship of Nicolás Maduro.”
Posted On October 17, 2021
, By Editorial Staff
The event has brought together industry leaders for more than 40 years, becoming the gathering of record from Central America throughout the Andes and the Caribbean.
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AGROEXPO Agricultural Exhibition Returns To Bogotá’s Corferias Convention Center

The event has brought together industry leaders for more than 40 years, becoming the gathering of record from Central America throughout the Andes and the Caribbean.
Posted On October 15, 2021
, By Loren Moss
Tecnoglass at NASDAQ Opening Bell
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Tecnoglass To Announce Third Quarter 2021 Results

The conference call will be broadcast live over the Internet. Additionally, a slide presentation will accompany the conference call.
Posted On October 15, 2021
, By Loren Moss
• Exhibitors from recognized industry brands and 11 academic conferences will be featured during CleanTec Show Americas 2021
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1st Edition Of CleanTec Show Americas Comes To Bogotá’s Corferias Convention Center November 3-4

Exhibitors from recognized industry brands and 11 academic conferences will be featured during CleanTec Show Americas 2021
Posted On October 15, 2021
, By Loren Moss
Gonzalez has previously served in several national, departmental and local positions, including as the mayor of Zipaquirá from 2008 to 2011
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Jorge Enrique González Garnica Appointed MinCIT Deputy Minister for Business Development

Gonzalez has previously served in several national, departmental and local positions, including as the mayor of Zipaquirá from 2008 to 2011
Posted On October 15, 2021
, By Loren Moss
Flavia Santoro, president of ProColombia.
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Registrations Open For The Colombia Investment Summit, October 20-26

The hybrid event will showcase the country's strategic advantages and opportunities for foreign companies looking to invest in Colombia.
Posted On October 15, 2021
, By Loren Moss
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4th Renewables Latin America Congress Returned To In-Person Format With Strong Turnout

Presenters hailed from Peru, Mexico, Argentina, Chile, Bolivia, Brazil, Ecuador, Dominican Republic, and the host country of Colombia.
Posted On October 15, 2021
, By Loren Moss
This is what a La Nina looks like: Cooler-than-average sea surface temperatures along the equator is indicative of La Nina in the tropical Pacific Ocean in September 2021. (NOAA Climate.gov)
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La Niña Weather System Returns, Raising Potential For Flooding In Colombia

Colombians are most negatively affected by the La Ñiña phenomenon are those in the lower Magdalena and Atrato river basins.
Posted On October 15, 2021
, By Loren Moss
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Viva Foundation Flies 23 Colombian Students & Teachers To View NASA’s Lucy Mission Launch

The group of students had been working on raising 70 million Colombian pesos, or approximately $19,000 USD to make the trip, when Viva Foundation executives heard about the effort in local media reports.
Posted On October 15, 2021
, By Loren Moss
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Vostock Capital Presents The First Latin America Hydrogen Fuel Congress In Bogotá Nov 30-Dec 1

In-person & online attendees will discuss current trends, learn more about investment opportunities and development of the hydrogen industry in Latin America.
Posted On October 14, 2021
, By Loren Moss
Some of this may finally be starting to filter through to both the stock market and Peso - both have outperformed the region over recent sessions
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What Jumps Out: Shoots Of All Colors

Some of this may finally be starting to filter through to both the stock market and Peso - both have outperformed the region over recent sessions.
Posted On October 12, 2021
, By Rupert Stebbings
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Ayenda Hotels Raises $10 Million USD Series B Round

According to Ayenda’s website, the hotel franchisor currently operates in Colombia, Peru and México with almost 300 properties.
Posted On October 11, 2021
, By Loren Moss
Photo © Loren Moss
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Viva Celebrates Arrival Of Newest Airbus A320neo With Breast Cancer Awareness Livery

Viva uses its charitable arm, the Viva Foundation led by Monica Gil and Tatiana Vásquez to translate the airline’s operational acumen into direct action for social good.
Posted On October 11, 2021
, By Loren Moss
Photo credit: Loren Moss
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Barranquilla-Based Procaps Lists On NASDAQ Via SPAC, Valued At $1.1 Billion USD

This transaction values Colombia-based Procaps at approximately $1.1 billion with approximately $160 million in gross cash proceeds.
Posted On October 11, 2021
, By Loren Moss
Sky Airlines
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Avianca (Sort Of) Denies Merger Rumors With Sky Airlines

As reported by Finance Colombia and elsewhere, Avianca (OTCMKTS: AVHOQ, BVC: PFAVH) directors and creditors have recently taken a significant stake in troubled Chilean low-cost carrier Sky Airlines, while bankrupt Avianca seeks to emerge from Chapter 11 reorganization in the...
Posted On October 11, 2021
, By Loren Moss
Khiron's agricultural facilities in Ibagué, Tolima, Colombia
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Khiron Seeing Stronger Results In Its Medical Cannabis Sales And Zerenia Treatment Clinics

Year to date medical cannabis prescriptions have exceeded 35,000 units, 600% more than the entire 2020 fiscal year. Khiron will expand its flagship clinic brand, Zerenia to the UK, with the first Zerenia opening in London in Q4 2021.
Posted On October 6, 2021
, By Loren Moss
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Colombia Gold Summit Returns To In-Person Format In Medellín 16-17 November

The event is also launching its CGS Economic Development Awards to highlight innovative and impactful projects undertake to stimulate local economies.
Posted On October 6, 2021
, By Loren Moss
Massimo Canovi
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TMF Group’s Massimo Canovi Explains Why Colombia Is World’s Fourth Most Complicated Country For International Business

Global payroll and tax firm TMF Group just released their 2021 Global Business Complexity Index (GBCI) that analyzes business administration and compliance across 77 jurisdictions, from the time it takes to incorporate a company, to changes in tax legislation, policies around...
Posted On September 28, 2021
, By Loren Moss
Medellín Mayor Daniel Quintero © Loren Moss
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Medellin’s Mayor Daniel Quintero Defends His Record On Foreign Direct Investment, Discusses Plans For New Airports

"Medellin is partner in the ownership of 5 airports in Colombia: Rionegro, Olaya Herrera, Encarepa, Enquito, Corozal Sucre. When an airplane lands in any of those airports, Medellin earns some pesos."
Posted On September 28, 2021
, By Loren Moss
Bilateral Forum of the Anti-Narcotics Working Group headed by Ambassador Philip Goldberg with the participation of a high delegation made up of @ONDCP @WHNSC @WHAAsstSecty @StateINL and several officials from the #EEUU Embassy in #Colombia
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US Government Issues Statement After Talks With Colombia On Counternarcotics Strategy

The US State Department has issued a statement following bilateral talks with a Colombian delegation headed by Colombian President Ivan Duque that recently visited Washington, D.C. During the first three years of Ivan Duque’s term, cocaine production has reached new...
Posted On September 28, 2021
, By Loren Moss
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What Jumps Out : Fedesarrollo Survey – Heating Up

Amidst an environment where we see both analysts and overseas agents increasing their growth recommendations for both 2021 & 2022.
Posted On September 23, 2021
, By Rupert Stebbings
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Colombian Government Fines Wireless Telco Avantel $8.8 Billion Pesos For 4G Coverage Failures

Avantel is in the process of being acquired by Telecom Partners Colombia, operating under the retail brand “WOM.”
Posted On September 21, 2021
, By Loren Moss
South American magnate & former Avianca chairman Germán Efromovich
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Efromovich Brothers Cleared Of Corruption Charges In Brazil

The brothers were arrested in São Paulo on charges related to fraud in the contracts between the Transpetro subsidiary of Petrobras and the Efromovich brothers’ Estaleiro Ilha S.A. (EISA) shipyard in Brazil.
Posted On September 21, 2021
, By Loren Moss
Tecnoglass workers at the company's plant in Barranquilla, Colombia. (Credit: Tecnoglass)
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Tecnoglass Presents At Multiple Investor Conferences This Week

A live broadcast of the presentations may be accessed through the Investor Relations section of the Tecnoglass site. A replay of the webcasts will be available after the event.
Posted On September 21, 2021
, By Loren Moss
Andrés Restrepo I., President of Mineros
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Mineros Files Preliminary Prospectus For Toronto IPO

The same day, Mineros also filed with the Colombian Superintendence of Finance a preliminary prospectus in respect of a concurrent public offering in Colombia of common shares for gross proceeds of up to $10 million USD.
Posted On September 21, 2021
, By Loren Moss
wingo Boeing 737
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Wingo Resumes Flights Between Bogotá and Curaçao

Flying Boeing 737-800 NG aircraft seating 186 passengers, the airline will fly twice a week, on Wednesdays and Sundays.
Posted On September 21, 2021
, By Loren Moss
Above image: Barranquilla skyline.
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GlobeNet Building New Data Center In Barranquilla

GlobeNet says its new data center integrates with its ecosystem of content providers, service providers and IXs, as well as the company’s submarine network and redundant terrestrial backhauls.
Posted On September 21, 2021
, By Loren Moss
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Avianca Admits Current Shareholders Likely To Be Wiped Out

As a result of the foregoing, under the plan, the value of the outstanding shares of the company is expected to be reduced to zero.
Posted On September 21, 2021
, By Loren Moss
What Jumps Out - Time To Look Forward
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What Jumps Out: Time To Look Forward

The “line in the sand” fiscal rule has now gone but due to the measures taken there is the hope that the deficit will drop from the anticipated 8.6% in 2021 to 2.7% in 2026.
Posted On September 21, 2021
, By Rupert Stebbings
Sophia the Robot speaks on stage during Andicom 2018 in Cartagena, Colombia. (Photo credit: Jared Wade)
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Andicom, Colombia’s Largest ICT Event Returns To Cartagena Convention Center In November

The event, which brings together the main stakeholders in the ICT industry in one place, generates business opportunities through high-level commercial and networking activities.
Posted On September 21, 2021
, By Loren Moss
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What Jumps Out : Getting Back to Normal?

This is a country with problems, unquestionably, poverty has risen, there is discontent with the Government's actions in several respects and the current account situation speaks for itself. BUT, this is a country that for decades has built itself against a backdrop of problems...
Posted On September 21, 2021
, By Rupert Stebbings
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Avianca To End Business Class On Domestic Flights, Moves to Economy-Only Seating

Removing business class from short haul commuter flights is not a big deal by itself, but what is Avianca’s strategy? What does the airline want to be?
Posted On September 15, 2021
, By Loren Moss
Sky Airlines
1

Avianca Directors Making Moves On Sky Airlines Of Chile

The investment, said to be $70 million USD of convertible credit, brings the airline into proximity with both bankrupt Colombian carrier Avianca and Mexican carrier Volaris.
Posted On September 13, 2021
, By Loren Moss
Karen Abudinen defends herself before Colombia's Congress (Photo: MinTIC)
1

Colombia’s Minister of Information & Communications Technology Resigns Amid $280 Million Dollar Children’s Internet Scandal

Minister Karen Abudinen has resigned to the metaphorical cemetery she promised during an April television interview. Though no one has accused her so far of criminal wrongdoing, questions remain as to how her office could fall victim to a quarter billion US dollar fraud without...
Posted On September 11, 2021
, By Loren Moss
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EPM’s Labor Union Not Happy About Recent EPM Appointments, Calls Management Out For Political Machinations & Using EPM As A Sinecure

"From SINPRO we see with great concern how in this administration there have been repetitive changes in the EPM structure and appointments that affect the transparency and the rigors that have characterized our company."
Posted On September 8, 2021
, By Loren Moss
Here is hoping that Bogota Metro or Cali Freeway will one day be names we might all buy and sell in the market.
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What Jumps Out – Out Of The Box Bonds

Here is hoping that Bogota Metro or Cali Freeway will one day be names we might all buy and sell in the market.
Posted On September 8, 2021
, By Rupert Stebbings
Panamá migration
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Tensions Rise In Panamá Over Flow Of Migrants Crossing From Colombia

Panamá's director of migration has called for another meeting with Colombian counterparts saying Colombia is not complying with its commitment to restrict the flow of irregular migrants across the border to 500 individuals per day.
Posted On September 8, 2021
, By Loren Moss
Copa Aircraft
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Copa To Re-Launch Flights Between Cúcuta, Colombia & Panamá City, Panamá

The three weekly redeye flights will begin December 6th and tickets are on sale now. Cúcuta is Colombia's largest city on the Venezuelan border. The airport code is CUC.
Posted On September 8, 2021
, By Loren Moss
Photo credit Loren Moss
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Viva & SENA Open Joint Airbus A320 Aircraft Maintenance & Repair Training Facility

The SENA training space will primarily offer technical courses on the Airbus A320 series aircraft flown by Viva, and Viva will offer students the necessary internships to obtain the vital hands-on skills and experience necessary for employment.
Posted On September 7, 2021
, By Loren Moss
teletrabajo remote work
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MinTIC: 4 In 10 Companies In Colombia Now Offer Remote Working Arrangements

The main cities that adopted teleworking were Bogotá with 157,417 teleworkers; followed by Medellín with 26,569; Barranquilla with 9,213; Cali with 5,421, and Bucaramanga with 3,467 people.
Posted On September 7, 2021
, By Loren Moss
Juliana Carolina Zapata Molina
1

EPM Appoints New Vice Presidents Of Legal Affairs & Human Talent

EPM announced the appointment of JUliana Zapata Molina as VP of Human Talent & Organizational Development and Jhonatan Estiven Villada as VP of Legal Affairs.
Posted On September 7, 2021
, By Loren Moss
1

Avianca Shares Plunge Towards Zero As Bankruptcy Exit Hearing Nears

The value of the shares would be reduced to 0 due to the decrease in equity attributable to the Debtors’ liabilities to third parties and creditors, as well as the injection of capital by new investors pursuant to the Chapter 11 plan.
Posted On September 7, 2021
, By Loren Moss
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Medellin Celebrates Reopening With First Large Event Hosting International Dignitaries

he event, organized by Mayor Daniel Quintero and the municipal investment promotion agency ACI Medellin hosted ambassadors from several countries.
Posted On September 6, 2021
, By Loren Moss
Photo courtesy of MinCIT
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Colombian Non-Mining/Petroleum Exports Surge To 13-Year High

84.5% of what Colombia exports to the world in non-mining, non fuel products goes to countries with which the country has a current free trade agreement. Today there are 17 bilateral and multilateral trade agreements with approximately 65 countries. Growth in exports to these...
Posted On September 6, 2021
, By Loren Moss
GE Ferrule for Hidroituango
1

As Comptroller General Rules On Hidroituango Financial Responsibility, Mapfre Pays EPM $100 Million USD Towards Insurance Claim

Colombian presidential hopeful Sergio Fajardo is one of the defendants the comptroller held responsible in today’s ruling, along with former Medellín Mayor Federico Restrepo, former candidate Alonso Salazar, and former CEO of EPM / current CEO of Cementos Argos, Juan Esteban Calle.
Posted On September 6, 2021
, By Loren Moss
22 establishments were checked and verified, and five were shuttered for not complying with established regulations.
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Colombia Cracking Down On Illegal Hotel & Tourism Operators Near Venezuelan Border

Joint actions were carried out by the Ministry of Commerce, Industry and Tourism and the Group for the Protection of Tourism and National Heritage of the Metropolitan Police of Cúcuta, along with the Police for Children and Adolescents, the Environmental and Ecological Police,...
Posted On September 6, 2021
, By Loren Moss
Viva Air's Felix Antelo
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Cartesian Capital Takes Minority Equity Stake In Viva

The investment is seen as a vote of confidence as the aviation industry navigates the global COVID-19 pandemic. While larger airlines like Avianca and Latam fell into bankruptcy reorganization, Viva directly renegotiated over 200 contracts with suppliers and lessors in order to...
Posted On September 6, 2021
, By Loren Moss
Photo Credit Royal Road Minerals
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30 Year Mining Concession Granted To Royal Road Minerals In Antioquia, Colombia

The Margaritas gold project is located in the Anza mining district, approximately 50 kilometers west of Medellin. Margaritas was initially acquired as an application for title through the Company’s purchase of Northern Colombia Holdings Limited, an affiliate of AngloGold Ashanti...
Posted On September 6, 2021
, By Loren Moss
Colombia’s attorney general’s office has announced that Fredy Hoyos Muñoz, alias Moño Moño was captured on August 23, in the Siberia district of Caldono, Cauca for the murder of the social leader and governor of the La Laguna Indigenous Reservation, Sandra Liliana Peña Chocué.
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Narcoterrorist Jailed For Murdering Indigenous Governor In Southwest Colombia

The crime occurred last April 20 in the village of El Porvenir de Caldono, in the Cauca department. According to the evidence obtained by a prosecutor from the Special Investigation Unit (UEI), the victim was murdered due to activities promoting the eradication of illicit crops...
Posted On September 6, 2021
, By Loren Moss
Pedro Duarte, leader of the IP Key Latin America project,
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Study Indicates Colombia’s Intellectual Property Sector Is Underdeveloped, Unproductive

The low labor productivity of the intellectual property sector is characteristic of the Colombian economy where most employment occurs lower on the value chain, with reduced technological endowments and with high doses of temporary employment and informality.
Posted On September 3, 2021
, By Loren Moss
tecnoglass on NASDAQ
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Tecnoglass Declares Quarterly Dividend

The dividend will be paid on October 29, 2021 to shareholders of record as of the close of business on September 30, 2021. Tecnoglass serves multi-family, single-family and commercial end markets, and is the second largest glass fabricator serving the U.S. and the #1...
Posted On August 31, 2021
, By Loren Moss
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What Jumps Out – All Change (At The Central Bank)

We have seen a slight rebound over recent sessions as the peso recovers from the perfect storm of a lost investment grade, a wobbly oil price and forthcoming elections. Another major factor for the peso will be exports and there was good news on that front for July.
Posted On August 31, 2021
, By Rupert Stebbings
We are told cute dogs stimulate purchases, so above is Finance Colombia founder Loren Moss' dog Juana.
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Finance Colombia Needs You! Help Us Provide You With More & Better Investment & Business Coverage Centered On Colombia

You are among the world's intellectual elite. You are a reader of Finance Colombia, now we invite you to become a member. Join us and support Finance Colombia’s critical mission as we gear up to go in-depth during the coming presidential election year.
Posted On August 30, 2021
, By Loren Moss
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What Jumps Out: Debate Time – Colombia’s Tax Reform 2

Reportedly 100 new ideas have been added to Colombia's second attempt at tax reform this year, and four original provisions have already been axed.
Posted On August 26, 2021
, By Rupert Stebbings
Ecopetrol Huila colloidal dispersion gels injection plant (CDG) in its Dina Cretaceous field
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S&P Reaffirms Ecopetrol At BB+ After ISA Acquisition

S&P left Ecopetrol's individual standalone credit rating at 'bbb- ' with stable outlook, the company announced last week, after its acquisition of electrical grid operator ISA.
Posted On August 26, 2021
, By Loren Moss
Above photo: Parque Del Café is an amusement park minutes outside of Armenia that entertains visitors while educating them on coffee culture. Photo © Loren Moss
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Copa Airlines To Start Panamá – Armenia, Quindío Route In December

Along with Pereira and Manizales, Armenia is part of the Colombian “Eje Cafetero” (coffee axis), and its many coffee farms have become international tourist attractions. There are even coffee-themed and agriculture themed amusement parks nearby.
Posted On August 26, 2021
, By Loren Moss
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Support For Globalization Declines In Colombia, According To World Economic Forum Report

55% of Colombians support more trade barriers to imports of foreign goods and services, while a majority of 54% of Colombians still agree that “Overall, globalization is a good thing for my country.”
Posted On August 26, 2021
, By Loren Moss
Image by PublicDomainPictures from Pixabay
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Insurance Sector Says Property Damage From Colombia Unrest Exceeds $62 Million USD

The amount represents claims for 5,158 insured risks, including real estate, public transport, private goods, vehicles, and cargo. According to Fasecolda, insurers expect to pay $154.7 billion pesos on 1,850 private risks, and $60.7 billion on 347 public-sector risks.
Posted On August 26, 2021
, By Loren Moss
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Syndicalist Groups In Colombia Call For More Strikes After Government Releases New Tax Reform Proposal

Colombia's "Comité Nacional de Paro," a coalition of labor unions and syndicalist groups has called for national strikes in Colombia for the 2nd time this year, after the government released a revised fiscal package.
Posted On August 26, 2021
, By Loren Moss
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