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Media Partnerships

//Finance Colombia is glad to support the efforts of event organizers domestically and internationally. We offer several different levels of collaboration based on your objectives & constraints.

Finance Colombia is glad to support the efforts of our event organizer partners domestically and internationally. We offer several different levels of collaboration based on your objectives & constraints.

Basic

Finance Colombia offers the following:

  • 728×90 OR 300×250 banner ad in rotation on all article pages and front page
  • 1 email announcing the event to our subscriber base before the event. You provide HTML
  • 12 social media posts: up to 1 per week, Facebook, Twitter, LinkedIn
  • 1 pre-event article announcing and promoting the event
  • 1 post-event article

 

You offer the following:

  • 3 all access media passes (editor, photographer, assistant) for events within Colombia, or 2 all access media passes for events outside of Colombia, including privileges of paid attendees (meals, event receptions, functions, etc.)
  • Prominent listing as media partner with our logo (and link on electronic media) on all print and electronic promotional materials, event programs, etc. including stage backdrops, and photographer’s curtains.
  • Table and suitable space to share our promotional material (primarily offering free subscriptions to attendees) and permission to offer free subscriptions to attendees
  • Airfare + Hotel to and from the event per our travel policy:
    • International, Bogotá: 1 hotel room (official event venue hotel) & 2 business class airfares
    • Rest of Colombia: 2 hotel rooms & 2 business class round trip fares
    • Events in Medellín do not require hotel room or air travel

Speaker / Moderator

We offer each other all of the above plus…

Finance Colombia offers:

  • 2 additional articles, promoting our participation, plus promoting the event (3 total).
  • 2 more promotional emails (up to 1 per month, maximum)
  • Cross platform promotion – banner ads on our other publications & social media channels as relevant: Finance Americas, Cognitive Business News, Lorenmoss.com, Unido Digital Media
  • Social media promotion, participation & engagement during the event
  • Active promotion of our participation via publisher & publication LinkedIn channels & groups, social media
  • Assistance & outreach (as necessary) with identifying & recruiting other speakers, invited guests & experts
  • Finance Colombia editors/publisher will  prepare and give relevant presentations and/or moderate up to 2 sessions, in English or Spanish

 

You offer:

  • Access to any VIP / optional extra-cost event functions
  • Full exhibit space during the event
  • 1 additional all-access exhibitor pass

 

Sponsor Package

We offer each other all of the above plus:

Finance Colombia offers:

  • Video and written interviews of speakers and/or organizers during the event (up to 5).
  • 12 additional social media posts (24 total)
  • 3 pre-event articles promoting the event, such as interviews with speakers
  • 3 (minimum) post-event articles highlighting the event’s success
  • Distribution of your content (such as white papers, reports, etc.) via Finance Colombia: Articles & banners with links to download
  • 2 additional email blasts (spread out, no more than 2 per month)

 

You offer:

  • $5,995 USD
  • 1 additional air fare & hotel room per above policy
  • Listing as silver level sponsor or above (or equivalent)

 

Additional Options

  • Keynote Speaker: Loren Moss, publisher of Finance Colombia will deliver opening or closing keynote presentation, researched and relevant to the event, English or Spanish $6,000 in addition to above – Speaker/Moderator or Sponsorship package
  • Outbound Marketing: A team of 3 of our bilingual outbound sales associates will contact and invite attendees to your event $11,000 USD / month

Use our easy contact form below, or the Whatsapp applet at the bottom right:

[optinform]

  1. Name *
    * Please enter your name
  2. Email *
    * Please enter a valid email address
  3. Message *
    * Please enter message
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After Less Than A Year, Blanca Liliana Ruiz Out & Javier Lastra Fuscaldo In As Head Of EPM’s Afinia

EPM’s management has been a constantly revolving door since Medellín’s Mayor Daniel Quintero took office, the utility seeing 4 CEOs in less than two years, resignation of the board of directors, and further intrigue. Now that instability appears to be affecting Afinia.
Posted On August 19, 2021
, By Loren Moss
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Wingo Receives Panamá Operating Certificate

So far, Wingo, which flies between 28 cities in 11 countries, has not publicized new routes from Panamá.
Posted On August 18, 2021
, By Loren Moss
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What Jumps Out: Back At The Desk

Here in Colombia the market has been crying out for new blood, we have seen multiple names such as Tablemac delist, others including Éxito who are no longer part of the MSCI COLCAP and recently Avianca which has been put on the naughty step due to Chapter 11.
Posted On August 18, 2021
, By Rupert Stebbings
La Sierra Thermoelectric Power Plant
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EPM Suffers Fire At La Sierra Thermoelectric Power Plant

The fire reduces the facility’s output from 393 megawatts to 246 megawatts until repairs can be made. EPM reports that there were no injuries, and the cause of the fire is under investigation.
Posted On August 18, 2021
, By Loren Moss
Above photo: «Ecopetrol» de Dvalencia – Own work, used under license CC BY-SA 3.0 vía Wikimedia Commons - https://commons.wikimedia.org/wiki/File:Ecopetrol.jpg#/media/File:Ecopetrol.jpg
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Ecopetrol Signs Deal With Minhacienda To Take Control Of Isa

Colombian oil producer Ecopetrol has signed an agreement to purchase the Ministry of Finance & Public Credit's (Minhacienda) share of electrical grid operator Interconectado Eléctrica SA, or ISA.
Posted On August 16, 2021
, By Loren Moss
With a growing fleet of 18 new aircraft, 8 of them with NEO engines, Viva is now dominating the market for flights to San Andrés
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Viva Air Strengthens Domestic Network With 5 New Routes + More Frequencies To Leticia

Tickets have gone on sale for five new national routes: San Andrés-Pereira, San Andrés- Barranquilla, San Andrés-Bucaramanga, San Andrés-Cartagena and Cartagena-Bucaramanga.
Posted On August 14, 2021
, By Loren Moss
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EPAM Systems Acquires Bogotá-Based Software Developers S4N

With the addition of the S4N team, EPAM now employs more than 1,500 IT professionals in LatAm and plans to add several thousand additional jobs over the coming years.
Posted On August 14, 2021
, By Loren Moss
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Tecnoglass Set To Ring NASDAQ’s Bell Friday, Foundation Rewards Colombian Olympians

After reporting a string of record-breaking results, Tecnoglass senior management and directors will ring the opening bell at NASDAQ in New York this Friday, at 9:30am EST. Click the link in the article for a live video stream.
Posted On August 14, 2021
, By Loren Moss
(Photo credit: Avianca)
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Avianca Says It Plans To Launch 23 New International Routes

From Colombia, Avianca launches 13 new direct routes from Cali to: New York, Cancun, Mexico City, San José and Quito; from Medellín to: Aruba, Mexico City, Orlando, San José, Quito and Guayaquil; from Bucaramanga to Miami, and Bogotá will launch a direct flight to Toronto, Canada.
Posted On August 14, 2021
, By Loren Moss
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While Leaving Hundreds Of Thousands Stranded, Spirit Airlines Filed To Add 4 New Miami-Colombia Routes Last Week

Spirit already flies to seven Colombian cities, primarily from Fort Lauderdale, but also from Miami and Tampa. Colombian travelers were not spared in Spirit’s operational meltdown last week, with multiple flights canceled or delayed.
Posted On August 11, 2021
, By Loren Moss
Colombian-Canadian cannabis firm Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC),
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Cannabis Producer Khiron Issues First Environmental, Social & Governance (ESG) Report

Khiron says the report adheres to global reporting initiative (GRI) standards and reflects the alignment of Khiron's goals with the United Nations Sustainable Development Goals.
Posted On August 11, 2021
, By Loren Moss
Avianca ATR 72-600
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Avianca Files Reorganization Plan With US Bankruptcy Court

The next step in the Chapter 11 process will be a hearing for the United States Bankruptcy Court to consider the approval of the disclosure statement, which is scheduled for September 14, 2021.
Posted On August 11, 2021
, By Loren Moss
Edgardo Torres-Caballero, Managing Director of Mambu Latin America.
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Financiera Dann Regional’s New IRIS Bank Selects Mambu SaaS Suite

Mambu’s cloud-native SaaS subscription-based platform allows Financiera Dann Regional to expeditiously scale its growth and enables agile SME product design and launches.
Posted On August 10, 2021
, By Loren Moss
Cannabis cultivator Flora Growth Corp. (NASDAQ:FLGC) has announced that it will host its first half 2021 earnings call via webcast on Thursday, August 19th,
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Flora Growth Announces Time & Date Of First Earnings Call

During the webcast, management will deliver financial results, operational updates, and provide comments on recent growth and M&A initiatives announced in the period since the company listed its shares on Nasdaq
Posted On August 10, 2021
, By Loren Moss
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Tecnoglass Reports Most Profitable Quarter In Company History

Tecnoglass' adjusted EBITDA Up 52.7% Year-Over-Year to a Record $35.6 Million, or 29.3% of Total Revenues. “Our ability to timely deliver best-in-class products led to outsized revenue growth and market share gains in the U.S. during the second quarter."-Christian Daes
Posted On August 6, 2021
, By Loren Moss
El Silencio mine – In-fill Drilling Grade Intercepts on Manto and 1180 veins
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Gran Colombia Gold Finds Two More High-Grade Veins At El Silencio Mine In Segovia

High-grade intercepts from two new veins recently discovered by this in-fill drilling campaign at the El Silencio mine provide and corroborate information of importance for the current and future development of different sectors of this flagship mine.
Posted On August 6, 2021
, By Loren Moss
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Colombia Gold Symposium 2021 Announces Economic Development Awards, Nominations Open Until October 15

“We hope this initiative serves to inspire to develop and look forward to showcasing the great projects companies are advancing with their communities,” said Paul Harris, Colombia Gold Symposium President.
Posted On August 6, 2021
, By Loren Moss
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Australian Osemah Elhassen Captured In Colombia, Trapped By FBI’s ANOM Fake Messaging App

Colombia’s attorney general indicated that Elhassen is wanted for belonging to a transnational drug trafficking network active in Europe, Asia & South America.
Posted On August 6, 2021
, By Loren Moss
Above: PriceSmart has installed enclosures around cashiers to isolate them from shoppers during checkout, along with other safety measures. Pricesmart Medellín photo: Loren Moss
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PriceSmart Says Fiscal Q3 Revenues Increased 11.9% TO $895.3 Million USD

"We are on target with plans to open new warehouse clubs in Guatemala City, Guatemala and Bucaramanga, Colombia in the fall of 2021, and in Portmore, Jamaica in the spring of 2022,” said CEO Sherry S. Bahrambeygui.
Posted On August 5, 2021
, By Loren Moss
Feria De Las 2 Ruedas
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Feria De Las 2 Ruedas Motorcycle Industry Trade Show Successfully Switched To Virtual For 2021, Returns To Plaza Mayor In May 2022

The Feria De Las 2 Ruedas went online during 2021 and saw strong industry participation, with 61 industry companies giving over 115 multimedia sessions. Feria De Las 2 Ruedas Returns To Medellín's Plaza Mayor May 12-15, 2022
Posted On August 5, 2021
, By Loren Moss
Colombia Reactivates 3 Interpol Red Notices For FARC Dissident “Ivan Marquez” – US Offers $10 Million Reward
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Colombia Reactivates 3 Interpol Red Notices For FARC Dissident Ivan Marquez – US Offers $10 Million Reward

Yesterday, Colombia’s attorney general and national police have announced that it is formally seeking Marquez, whose birth name is Ivan Luciano Marquez Marin Arango, on charges of aggravated homicide, forced disappearance, illegal recruitment of people, and homicide of protected persons.
Posted On August 5, 2021
, By Loren Moss
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Nature Lover? Cyclist? Surfer? Golfer? Here’s How To Bring Your Bicycle, Surfboard & Golf Clubs – Now Is The Time To Visit Colombia.

Over the last few years, Colombia has recognized that its natural and cultural wealth can be enjoyed by travelers while also being protected and preserved through sustainability guidelines.
Posted On August 4, 2021
, By Loren Moss
Now, Viva has simultaneously trolled Spirit and offered a discounted ride home to stranded travelers
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Viva Clowns On Spirit Airlines During Operational Meltdown, Offering Stranded Spirit Passengers (And Anyone Else) Discounted Fares Out Of Florida

Viva has simultaneously trolled Spirit and offered discounted flights to stranded travelers with a 20% discount on Viva flights out of Florida through August 8 by using this promo-code:
Posted On August 3, 2021
, By Loren Moss
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Spirit Airlines Operations Collapse, Thousands Left Stranded, Hundreds of Flights Cancelled, Employees Flee Airport, According To Passengers

Just days after reporting a $287.9 million USD quarterly loss, Spirit Airlines gate and ticketing staff are overwhelmed and unable to deal with the thousands of frustrated passengers, many of whom have been stranded in airports beyond 24 hours.
Posted On August 3, 2021
, By Loren Moss
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Viva Air Files For Major International Expansion, Seeks Permission For Flights To 6 New Cities In 4 New Countries

Viva Air CEO Felix Antelo, a native of Argentina himself, has stated publicly that the airline expects to connect North & South America “from Buenos Aires to New York” through its Medellín hub.
Posted On August 2, 2021
, By Loren Moss
The Cancún destination adds to Wingo’s route network to and from Cali, already connecting Panamá City, San Andrés, Cartagena, and Bogotá with 26 weekly flights from Colombia’s third largest city.
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Wingo Launches 2X Weekly Flights Between Cali, Colombia & Cancún, México

The Cancún destination adds to Wingo’s route network to and from Cali, already connecting Panamá City, San Andrés, Cartagena, and Bogotá with 26 weekly flights from Colombia’s third largest city.
Posted On August 2, 2021
, By Loren Moss
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New Book From The Editors Of Finance Colombia – Doing Business In The Bahamas: The Bahamas as a Nearshore Business, Operations & Investment Destination

The Bahamas deserves close consideration for specialty & high value BPO and nearshore service delivery site selection, as well as consideration by remote worker professionals, digital nomads, and lifestyle entrepreneurs. This new book provides valuable information.
Posted On August 2, 2021
, By Loren Moss
La Haus' leadership team. Left to right, Rodrigo Sanchez-Rios, president; Jeronimo Uribe, CEO; Thomas Floracks, CPO; Santiago Garcia, CTO
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Uribe-Connected La Haus Raises Additional $50 Million USD, Jeff Bezos, Gabriel Gilinski, Maluma Among Investors

La Haus was founded by Jerónimo Uribe, CEO; Rodrigo Sánchez-Ríos, president; Tomás Uribe, Chief Growth Officer; and Santiago Garcia, CTO. The Uribe brothers are sons of Colombia’s former President and current Senator Alvaro Uribe.
Posted On August 2, 2021
, By Loren Moss
Alphacredit is a brand of Alpha Holdings
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AlphaCredit Parent Files For Bankruptcy

Last April, the company announced that it would restate its financials for 2018 and 2019 to correct an error in Alpha Holding’s derivative positions. Soon the company had to announce that it found additional accounting errors that would lead to material restatement of other assets, including accounts receivable.
Posted On August 2, 2021
, By Loren Moss
Cocaine laboratory in Tolima dismantled, courtesy Colombian Air Force
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Insight Crime: Colombia Producing Record High Quantities Of Cocaine

The amount of powdered cocaine extracted from a single hectare of coca increased by more than one kilogram in just a year. Potential cocaine output jumped from 6.7 kilograms per hectare in 2019 to 7.9 kilograms in 2020, according to the UNODC report. Three factors are possibly allowing traffickers to produce more...
Posted On August 1, 2021
, By Insight Crime
The Cali route joins the Bogotá – Orlando route already operated by the airline, with more than 5 weekly frequencies & 6,000+ seats, from Bogotá to Orlando.
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Avianca Launches 3X Weekly Cali – Orlando Route

The Cali route joins the Bogotá – Orlando route already operated by the airline, with more than 5 weekly frequencies & 6,000+ seats, from Bogotá to Orlando.
Posted On August 1, 2021
, By Loren Moss
https://www.financecolombia.com/wp-content/uploads/2021/08/los_combita.jpg
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Colombian Police Take Down Webcam Pornography Extortion Ring

They took advantage of both men and women seeking employment as sexual webcam models to demand a “casting” audition from candidates where they had to send photos and videos of a sexual nature to later extort them through text messages and intimidating calls, demanding sums between 2-3 million pesos in exchange for...
Posted On August 1, 2021
, By Loren Moss
Sprößer was detained then deported by Colombian Migration (photo: Migración Colombia)
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Colombian Government Expels German Tourist Taking Part In Deadly Protests, Bans Entry For 10 Years

Sprößer, whose visa would have expired after 90 days, said she would not be returning to Germany, but planned to give classes on politics and economics to protesters. “I have never felt very German, I have always liked Latin America,” she told El Tiempo. Sprößer is now banned from entering Colombia for 10 years,...
Posted On August 1, 2021
, By Loren Moss
Vladimir Polyanskiy captured for the crime of drug trafficking in the city of Medellín.
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Alleged Russian Hashish Kingpin Captured In Medellín’s Airport

Polyanskiy is the subject of an Interpol red notice, and is wanted by Russian authorities who accuse him of belonging to a transnational hashish smuggling organization.
Posted On July 30, 2021
, By Loren Moss
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ANDICOM, Colombia’s Flagship IT Industry Event Returns To Cartagena’s Convention Center November 17-19

The region's benchmark international ICT Congress, returns to an in-person modality in Cartagena November 17-19, 2021, expecting approximately 2,000 participants attending with biosafety measures and capacity measures in place.
Posted On July 27, 2021
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Tecnoglass To Hold Earnings Call The Morning Of August 6

The conference call will be broadcast live over the Internet. Additionally, a slide presentation will accompany the conference call. To listen to the call and view the slides, please visit the Investors section of Tecnoglass' website at www.tecnoglass.com.
Posted On July 27, 2021
, By Loren Moss
“Hydropower Latin America 2020” has evolved and now compiles projects from the solar, wind and water industries : “Renewables Latin America 2021” Request more info, free reports and videos of last congress, here: https://bit.ly/3Ax8cOF
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4th Annual Renewables Latin America 2021 Returns To LIVE Format In Medellín, October 6-7

“Hydropower Latin America 2020” has evolved and now includes projects from the solar, wind and water industries, renamed now as “Renewables Latin America 2021” & taking place in a Medellín convention facility.
Posted On July 27, 2021
, By Loren Moss
Invenergy Woodville Solar Farm, photo courtesy Invenergy
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Canadian Solar Wins 45 Mw Solar Battery Storage Project For Barranquilla, Colombia

The Barranquilla project is designed to strengthen the electricity transmission network in the Atlántico Department in northern Colombia and support the government's efforts to prevent future supply deficits.
Posted On July 13, 2021
, By Loren Moss
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Fitch Downgrades EPM Credit Ratings From BBB- To BB+ After City of Medellín Credit Downgrade

Fitch views EPM's corporate governance as weak due to the strong influence exerted by the company's owner, the City of Medellin. EPM has an ESG Relevance Score of '4', which reflects the company's recent instability in board membership and indicates that the score has a negative impact on the company's credit profile.
Posted On July 13, 2021
, By Loren Moss
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Avianca Loses Lawsuit By Woman Who Paid For Transatlantic 787 1st Class but Was Placed In A300 Economy

Had the airline simply made Ms. Casanova whole, this case would not exist. However, the fact that Avianca chose to battle a $1,500 USD refund all the way to Colombia’s supreme court suggests a new, more hostile attitude towards the same passengers it once coddled.
Posted On July 13, 2021
, By Loren Moss
isagen colombia FDI
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Major Colombian Firms Downgraded By Fitch After Colombia Debt Falls To Junk Status

The sovereign downgrade reflects the deterioration of the public finances with large fiscal deficits in 2020-2022, a rising government debt level, and reduced confidence around the capacity of the government to credibly place debt on a downward path in the coming years.
Posted On July 7, 2021
, By Loren Moss
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What Jumps Out : Meat Loaf (and the ratings agencies)

All three agencies said publicly many months ago that they were looking for the tax reform to right the fiscal ship which has been listing badly ever since COVID struck - to put it bluntly, the authorities have failed to deliver - and it is on them.
Posted On July 7, 2021
, By Rupert Stebbings
One person was captured with the total of 1,216 kilograms of ore, that according to the Colombian prosecutor’s office may be worth as much as 453,000 USD. Coltan is an ore containing rare-earth metals like tantalum and niobium, useful in the manufacture of electronics and metal alloys.
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Illicit Coltan Being Mined By Armed Insurgents In Vichada, Colombia

One person was captured with the total of 1,216 kilograms of ore, that according to the Colombian prosecutor’s office may be worth as much as 453,000 USD. Coltan is an ore containing rare-earth metals like tantalum and niobium, useful in the manufacture of electronics and metal alloys.
Posted On July 6, 2021
, By Loren Moss
With these new twice weekly flights, Wingo will now operate four direct routes from Medellín, the other destinations being Cancún, Bogotá and México City.
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Wingo Launches Twice-Weekly Flights Between Medellín, Colombia & Punta Cana, Dominican Republic

With these new twice weekly flights, Wingo will now operate four direct routes from Medellín, the other destinations being Cancún, Bogotá and México City.
Posted On July 6, 2021
, By Loren Moss
Image by vkingxl from Pixabay
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Fitch Downgrades Colombia Credit Rating To Junk, Losing Investment Grade Held Since 2011

Colombia's gross general government debt to GDP ratio is forecast to reach 60.8% in 2021, more than double the 30% level when Fitch upgraded Colombia back to the 'BBB' category in 2011.
Posted On July 2, 2021
, By Loren Moss
Yesterday a Colombian air force Boeing 767 arrived in Bogotá from Memphis, Tennessee in the United States carrying 2.5 million Janssen vaccines donated by the US government.
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US Government Donates 2.5 Million Single-Dose Janssen Covid-19 Vaccines To Colombia

Because this vaccine confers immunity in a single dose, this USD 25 million shipment will provide immunity to 2.5 million Colombians. After landing in Bogota, the vaccine shipment will go to the Ministry of Health’s warehouse in El Dorado international airport.
Posted On July 2, 2021
, By Loren Moss
Filed by assembly member Maria Agnese Catini, The motion goes on to demand resolution of an investigation over the death a year ago of Italian citizen Mario Paciolla, a UN human rights observer in Colombia.
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Rome Petitions European Union To Suspend Colombia Ties Over Duque Administration’s Human Rights Abuses; US Congress Begins Hearings

The resolution condemns Colombian President Ivan Duque by name, saying “The behavior of Colombian President Ivan Duque Marquez should be considered a grave signal in repressing the people instead of committing himself to building a dialogue with the protesters."
Posted On July 2, 2021
, By Loren Moss
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4th Annual LatAm IoT & Tech Conference Launches Online August 26

Share experiences learned and applied by peers, champions and thought leaders in industries as diverse as mining, energy, telecommunications, banking, financial services, insurance, education, government and others.
Posted On July 1, 2021
, By Loren Moss
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Lulo Bank From Gilinski Group Approved For Operation By Colombian Financial Superintendence

The bank will launch with almost $27 million USD of capital, and operate digitally, through apps, its (currently inoperative) website, and Gilinski group’s Servibanca network of ATMs (Automated Teller Machines) throughout Colombia.
Posted On July 1, 2021
, 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
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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
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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 of the conversation.
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 disputes within the energy, oil,...
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
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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.)
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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 ever list on NASDAQ. Cantor...
Posted On June 23, 2021
, By Loren Moss
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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 alternatives.
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 company said in a statement.
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 team of highly specialized advisors...
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 support positions within 2021.
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
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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, social inclusion, and rebound from the...
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 same period last year.
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 era factories-So instead let's...
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 continue to abide by the COVID...
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 cocaine production, a rash 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 processing time to 4-6 weeks.  
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 group it will transport...
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 recovering in 2021 and results in...
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 executives to continue networking,...
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, potentially hindering their ability...
Posted On May 21, 2021
, By Loren Moss
Image by David Mark from Pixabay
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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 junk.
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 month and there has been no progress...
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 article has been republished here...
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
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