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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]

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  2. Email *
    * Please enter a valid email address
  3. Message *
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Deliflor, Other Breeders Take Colombia’s Chrysanthemum Industry Events Online For 2020

Deliflor held its 2020 open house in conjunction with Colombia Chrysanthemum week, taken online this year due to the Pandemic travel restrictions. Still, Colombia Chrysanthemum Week 2020 online had lots to offer buyers, importers, breeders, and every link in the floriculture supply chain.
Posted On September 19, 2020
, By Loren Moss
Colombian police paint over a mural of Julieth Ramirez, who was killed by a police gunfire while protesting the death of Javiér Ordoñez.
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Gruesome Autopsy Report Shows How Colombian Police Killed Unarmed Law Student Javier Ordóñez

“A high energy blunt abdominal trauma caused the right kidney to burst, causing severe bleeding in the abdominal cavity, leading to death,” in addition to a ruptured liver says the coroner’s report on the death of Javier Ordoñez, a Colombian law student who died at the hands of police.
Posted On September 19, 2020
, By Loren Moss
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Colombian Schoolchildren Fed Chemically Altered Donkey Meat Labeled As Beef

Colombian Prosecutors took down a macabre conspiracy that sold meat from sick and dead donkeys and horses to local school systems, after first chemically treating the meat to appear more like beef, and give it a palatable texture. Between 2018 & 2019 the culprits moved over 5,500 pounds per week to school lunch...
Posted On September 18, 2020
, By Loren Moss
Superintendent of Transportation, Camilo Pabón Almanza.
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Colombia’s Transportation Ministry Investigates Viva Air Voucher Policy

Colombia's Superintendent of Transportation is looking into complaints regarding the expiration date and use policy of some travel vouchers issued by Viva Air during the COVID-19 Pandemic. The airline says it is cooperating, and has already revised its redemption policy.
Posted On September 18, 2020
, By Loren Moss
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Colombian Government Announces Biosafety Protocols For Arriving International Travelers

Travelers arriving to Colombia must present a negative result of a PCR test for Covid-19 taken no longer than 96 hours before the stipulated time of travel and whoever has symptoms associated with Covid-19 will not be allowed to get on board.
Posted On September 18, 2020
, By Loren Moss
monedas
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Are You A Member? Support Finance Colombia, Receive Exclusive Benefits & Access

Thank you for being a consistent reader of Finance Colombia. We are committed to maintaining our free subscription model, but were you aware of the benefits of being a paid member?
Posted On September 16, 2020
, By Loren Moss
Photo courtesy US DEA
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Cartagena-Based US DEA Agent Guilty Of Stealing Over $9 Million USD In Drug Money

US DEA Special Agent José Ismael Irizarry and his wife Nathalia Gomez Irizarry pled guilty to all charges in a mammoth scheme to steal government funds, drug proceeds and launder money. The Irizarrys apparently are related to the notorious Ambuila crime family of Cali, Colombia.
Posted On September 15, 2020
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass Declares Cash Dividend For Q3 2020

Coming off a record breaking second quarter, Barranquilla, Colombia based Tecnoglass (NASDAQ: TGLS) has declared a cash dividend of $0.0275 USD per share, or $0.11 per share on an annualized basis for the third quarter of 2020. The dividend will be paid to shareholders of record as of September 30, 2020 on October...
Posted On September 15, 2020
, By Loren Moss
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Despite Pandemic, Viva Air Expands With New Bogotá – Cali Route

Just days after the Colombian government allowed the restart of commercial aviation in the country, low cost carrier Viva Air has returned to expansion mode with the announcement of a new route between the Colombian capital of Bogotá and the third largest city and Colombia’s salsa capital of Cali. With the...
Posted On September 15, 2020
, By Loren Moss
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Court Blocks Colombia’s $370 Million USD Emergency Loan To Bankrupt Avianca Airlines

A 3 judge panel in Colombia's Cundinamarca district court issued an emergency injunction against the $370 million USD loan by the administration of Colombian President Ivan Duque to bankrupt Avianca Airlines, where his sister is a top executive. The lawsuit was filed by a citizen, claiming the deal would "menace...
Posted On September 12, 2020
, By Loren Moss
juan manuel santos donald trump plan colombian coca eradication peace colombia farc
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Former President Denounces Colombian Government For Colluding With Trump Re-Election Campaign

Former Colombian President & Nobel Peace Prize Winner Juan Manuel Santos has accused current Colombian President Ivan Duque's administration of unlawfully offering to interfere in the upcoming US Presidential Election on behalf of Donald Trump
Posted On September 10, 2020
, By Loren Moss
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Viva Air Restarts International Flights September 19 With Miami-Cartagena Route

Viva Air is the 1st Colombian carrier to announce international flights after airspace reopens. Colombia-Miami flights start September 19. Viva is waiting on Peruvian authorization to begin flights there as well.
Posted On September 10, 2020
, By Loren Moss
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Deadly Riots & Protests Against Police Brutality Break Out Across Colombia

Colombia suffered deadly riots as citizens took to the street to protest police brutality. In the latest incident, a law student was beaten & tasered to death in front of his apartment as friends and family looked on in horror. The attack was apparently unprovoked. Artwork courtesy of @PATATAdibujo...
Posted On September 10, 2020
, By Loren Moss
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Colombian Government Study To Explore $370 Million USD Loan To Bankrupt Avianca Contracted Just 1 Day Before Loan Approved; To Be Paid By Avianca

Finance Colombia has learned that a feasibility study to determine the viability of a government bailout of Avianca Airlines, where Colombian President Ivan Duque’s sister Maria Paula Duque is a top executive, was contracted by the finance ministry only the day before Duque announced the $370 million USD package...
Posted On September 9, 2020
, By Loren Moss
Mark Grenon captured by CTI in Santa Marta
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Father & Son Hucksters From US Peddling Lethal Bleach “Miracle Cure” Captured In Santa Marta, Colombia

Joseph Grenon and one of his three sons, Mark Grenon were arrested in Santa Marta, Colombia in a joint operation between Colombia’s attorney general and the US Department of Justice, after being charged with peddling a lethal industrial bleach solution in both the US and Colombia.
Posted On September 8, 2020
, By Loren Moss
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Declan Ryan Says Viva Air Not Being Treated Fairly By Colombian Government: Exclusive Interview

Finance Colombia’s founder Loren Moss was able to connect with Viva Air’s Executive Chairman Declan Ryan to better understand the gap between what the Duque Administration has said, and what they are doing. Are investors being treated equitably?
Posted On September 3, 2020
, By Loren Moss
Ruta N Photo credit: Loren Moss
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New Details Emerge On How Medellín Mayor Daniel Quintero Provoked Ruta-N Board Walkout

The board of directors then asked for a meeting with the mayor at the end of July, which they did not get. In their regular board meeting, August 12, the board of directors again asked Quintero’s secretary of economic development, Alejandro Arias for a meeting with the mayor to discuss the events. Such a meeting...
Posted On September 3, 2020
, By Loren Moss
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Join Finance Colombia at The Online Hydropower Latin America 2020 Congress

The Online Business Congress and 1-2-1 meetings "Hydropower Latin America 2020" is an international, professional platform, bringing together over 250 C-level executives of hydropower plants, LatAm Ministries of Energy, hydropower companies, investors, EPCs, equipment and service providers from all over Latin America.
Posted On September 3, 2020
, By Loren Moss
Secretary of Defense Donald H. Rumsfeld (left) listens as President Álvaro Uribe (right) speaks to a group assembled at the Colombian presidential residence on August 19, 2003. (Photo by TSGT Andy Dunaway, U.S. Air Force)
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Declassified US State Department Cables: “Uribe Almost Certainly Had Dealings With The Paramilitaries”

"The secret US Defense Intelligence Agency (DIA) list said Alvaro Uribe was 'dedicated to collaboration with the Medellin Cartel at high government levels' & was 'a close personal friend of Pablo Escobar' who had “worked for the Medellin Cartel." Declassified US Government documents reveal new details about...
Posted On September 2, 2020
, By Michael Evans
Sergio Escobar, ACI Medellin
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Guest Editorial: Restore Confidence in Medellín

In recent weeks, the harmony of Medellin's governance with the city's civil society has been affected by a series of decisions originating from the Medellin mayor's office that interfere with the regulations and corporate governance of companies so emblematic of the city & the country such as Empresas Públicas de...
Posted On September 1, 2020
, By Sergio Escobar
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From Tomato-Thrower To Banana Republican, Can Medellin’s Mayor Daniel Quintero Learn Good Governance (Please?): Op-Ed

Only 8 months into his term as mayor of Medellín, tomato-throwing Daniel Quintero has managed to unite Paisas from labor unions to corporate giants against him.Multiple boards of directors have resigned, and Fitch has downgraded the city-owned utility's credit, citing 'governance concerns.' Will it continue to get...
Posted On September 1, 2020
, By Loren Moss
For more info, dial 57-3045334241 or email to coordinadorcorporativo@colomboworld.com or visit our website www.colomboworld.com
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Improve Your English Virtually Or In Medellín At Colombo-Americano

For more info, dial 57-3045334241 or email to [email protected] or visit our website www.colomboworld.com
Posted On September 1, 2020
, By Loren Moss
Loren Moss (l) & Santiago Giraldo (Photo credit: Liliana Padierna)
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Interview: Tecnoglass Having A Record-Breaking Year Despite Pandemic & Temporary Shutdown – CFO Santiago Giraldo Explains How

Finance Colombia executive editor Loren Moss was able to speak with Tecnoglass CFO Santiago Giraldo to understand the company's extraordinary first half of 2020, how it is navigating the pandemic, and what investors can expect from the joint venture with Saint Gobain, and the company’s expansion plans.
Posted On September 1, 2020
, By Loren Moss
While Copa & Viva Airlines have not announced any fleet groundings so far, this week, Avianca & LATAM have announced significant cutbacks on routes, grounding between 30-40% of their fleets in the face of the Coronavirus COVID-19 Pandemic.
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Colombian Government To Loan $370 Million USD To Bankrupt Avianca

Colombia’s finance ministry over the weekend announced that it would provide an 18 month loan of up to $370 million USD to Avianca Airlines, currently in Chapter 11 proceedings in US courts. The financing would be provided under Avianca’s proposed Debtor In Possession (DIP) financing, securing the loan with a lien...
Posted On September 1, 2020
, By Loren Moss
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Special Membership Offer For Students & Low Income Readers: Click here

We don’t want to turn anyone away. If you are a student, or genuinely struggling but still want to support us—after all, $200 is a lot of money for an entry level Colombian graduate—we want to offer you the highly discounted rate of $60 USD per year, payable annually (solo membership). Our preferred method of...
Posted On August 30, 2020
, By Loren Moss
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For our Monthly $19.95 USD membership, click here

Membership is only $19.95 per month, or 12 months paid in advance, a discounted $200 per year. One membership covers you and your spouse, or you and one other professional colleague. You will have the opportunity to provide membership details upon subscription. Our preferred method of payment is via secure credit...
Posted On August 30, 2020
, By Loren Moss
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For Our Annual $200 USD Finance Colombia Membership, Click Here

Membership is only $19.95 per month, or 12 months paid in advance, a discounted $200 per year. One membership covers you and your spouse, or you and one other professional colleague. You will have the opportunity to provide membership details upon subscription. Our preferred method of payment is via secure credit...
Posted On August 30, 2020
, By Loren Moss
For more info, dial 57-3045334241 or email to coordinadorcorporativo@colomboworld.com or visit our website www.colomboworld.com
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Study Corporate English Virtually Or In Medellín At Colombo-Americano

For more info, dial 57-3045334241 or email to [email protected] or visit our website www.colomboworld.com
Posted On August 26, 2020
, By Loren Moss
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EPM Announces Its New Board Of Directors – Light On Corporate Governance Experience

This new board the mayor was able to assemble is notable for not including anyone with deep corporate governance experience or a background running multibillion-dollar international enterprises like EPM. Several nominations with corporate experience by the mayor publicly rejected the appointments after they had...
Posted On August 26, 2020
, By Loren Moss
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In Deepening Crisis At EPM, Labor Union Demands CEO Explain Private Gym, Luxury Office Remodel Despite Austerity Orders

Adding to the turmoil at EPM (Empresas Públicas de Medellín) since Medellín’s mayor Daniel Quintero took office and appointed CEO Álvaro Guillermo Rendón (above photo), the utility’s primary labor union SINPRO has issued a public demand for information on Rendón’s alleged multi-billion peso office remodel, and...
Posted On August 25, 2020
, By Loren Moss
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President Ivan Duque Extends Colombia’s COVID-19 Emergency Until November 30

"We want to inform the country that a new phase begins on September 1, where we change the concept of Mandatory Preventive Isolation, with a significant number of exceptions, to having a concept of Selective Isolation, distancing and individual responsibility," said President Duque on his nightly TV show
Posted On August 25, 2020
, By Loren Moss
Daniel Quintero (photo courtesy EPM)
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EPM’s Board Drama Continues: 2 More Nominees Reject Mayor Quintero’s Appointment

Luis Fernando Rico, former general manager of another Colombian utility giant, Isagen along with the general manager of Colombian weekly newsmagazine Semana both rejected Quintero’s appointments, joining Claro Colombia CEO Juan Carlos Archila and Grupo Santo Domingo’s Alberto Preciado.
Posted On August 25, 2020
, By Loren Moss
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Turmoil At EPM Deepens As Colombia’s Human Rights Tribunal Subpoenas General Manager

EPM's General Manager Alvaro Guillermo Rendón has been given 5 days to respond to a subpoena from Colombia's human rights tribunal, which has been seeking information regarding EPM's handling of the remains of conflict victims at its troubled Hidroituango dam.
Posted On August 25, 2020
, By Loren Moss
Cameron WIlson of Colombia Risk Analysis
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What To Expect In 2nd Half Of Colombian President Ivan Duque’s Term? Colombia Risk Analysis Predicts In This Exclusive Video Interview

The report’s co-author Cameron Wilson took time to speak with Finance Colombia executive editor Loren Moss about the many points covered by the report, including what to expect in the second half of Colombian President Ivan Duque’s term.
Posted On August 25, 2020
, By Loren Moss
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Andicom 2020 Goes Virtual September 2-3: CINTEL’s Ericc Sanchez Discusses The New X-Tech Format

Executive Editor Loren Moss spoke with CIntel’s Ericc Sanchez Castillo about the unique format of this year’s ANDICOM and the added features enabled by the virtual format.
Posted On August 25, 2020
, By Loren Moss
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Medellín’s Governance Crisis Spreads To Tigo Une: Federico Arango Toro Resigns Board Via Scathing Repudiation Of Mayor Daniel Quintero

“The recent acts under your responsibility as manager of EPM, and being mayor, as the president of its board of directors, reconfirms to me that the necessary identity of principles no longer exist to continue acting in the representation of EPM, for that I am presenting my irrevocable renunciation,” With that...
Posted On August 19, 2020
, By Loren Moss
South American magnate & former Avianca chairman Germán Efromovich
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Breaking News: Former Avianca Chairman Germán Efromovich Arrested On Corruption & Bribery Charges

Former Avianca chairman Germán Efromovich along with his brother José have been arrested in Brazil on charges of bribery and corruption as part of the Lava Jato investigation.
Posted On August 19, 2020
, By Loren Moss
Photo © Loren Moss
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Unimpressed By DIP Financing Plan, Bancolombia Terminates Coverage of Avianca

Bancolombia, Colombia's largest bank has issued a report panning Avianca proposed DIP financing plan from the point of view of current shareholders, and indicated that it would no longer be covering the bankrupt airline.
Posted On August 19, 2020
, By Loren Moss
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Spirit Air To Fly Humanitarian Flights From Colombia To US In August

The U.S. Embassy has announced that Spirit Airlines will operate three humanitarian flights at the end of August from Colombia to the United States for US citizens and permanent residents that wish to return to the US during this period of closed airspace due to the Coronavirus COVID-19 Pandemic.
Posted On August 18, 2020
, By Loren Moss
(Photo credit: Avianca)
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Avianca Seeking $1.2 Billion USD Debtor In Possession Financing During Bankruptcy

Bankrupt airline Avianca has revealed that it is working on debtor in possession financing with several investment banks including Seabury Securities, Goldman Sachs, and JPMorgan Chase; subject to approval by US Bankruptcy Court and creditors. The deal would potentially open a path to Avianca retaking ownership of...
Posted On August 18, 2020
, By Loren Moss
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Financial Entities Suspend “Commercial Relations” With EPM Citing Governance, Credit Concerns

EPM has received notification from local and international financial entities of the suspension of commercial relations, resulting in the reduction of quotas and credit limits in operations such as loans, exchange risk hedges and bank guarantees, after the board of directors quit and the utility's credit rating...
Posted On August 18, 2020
, By Loren Moss
US DFC CEO Adam Boehler and US National Security Advisor Robert C. O’Brien joined Colombian President Iván Duque to announce the launch of the US-Colombia Growth Initiative. Photo credit: DFC
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Colombia, USA Announce Bilateral Investment & Rural Development Pact

US DFC CEO Adam Boehler and US National Security Advisor Robert C. O’Brien joined Colombian President Iván Duque to announce the launch of the US-Colombia Growth Initiative to strengthen US-Colombia bilateral cooperation while leveraging US government resources to create economic opportunity in rural Colombia.
Posted On August 18, 2020
, By Loren Moss
Ventilator bellows as designed by Medellín's Innspiramed initiative. Photo courtesy: Ruta N
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In A Rebuke To Mayor Daniel Quintero, Beverage Giant Postobón Withdraws From COVID-19 Pact With Medellín

Colombian soft drink producer Postobón has announced it is pulling out of the Innspiramed mechanical ventilator project due to concerns over governance and political intrigue following the resignation of the initiative’s manager Gabriel Sanchez, and Ruta-N’s entire board of directors in protest of the governance...
Posted On August 18, 2020
, By Loren Moss
Photo courtesy: Proantioquia
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Potential Board Appointees Turning Their Back On Medellín Mayor Daniel Quintero

Preciado took to Twitter to publicly reject the offer. Curiously these public rebukes took place after Quintero announced the appointments, leaving the question of whether he spoke to these individuals beforehand.
Posted On August 18, 2020
, By Loren Moss
Medellín's Féria de las Flores. Photo credit: Loren Moss
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Guest Editorial: Another 8/11 To Remember

The decisions of Mayor Quintero and his CEO at EPM without having his Board of Directors present on one side; and on the other with a similar behavior in Route N put asunder respect for the institutions and good governance of both entities; valuable heritage of our community.
Posted On August 18, 2020
, By Sergio Escobar
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Fitch Downgrades EPM, Citing “Deterioration Of Corporate Governance” After Medellín Mayor’s Usurpations

After the entire board of directors resigned in protest of Medellín Mayor Daniel Quintero's usurpation of board prerogative and corporate governance, international ratings firm Fitch has downgraded EPM's credit rating, and placed it on a negative ratings watch.
Posted On August 17, 2020
, By Loren Moss
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Free Webinar August 26: Hydropower of Latin America: Implementation of HPPs Construction & Modernization Projects

Free webinar August 26: Hydropower of Latin America: implementation of HPPs construction and modernization projects 11 am Colombia time Organizer: Vostock Capital Website: https://www.latinamericahydrocongress.com/en/webinar
Posted On August 17, 2020
, By Loren Moss
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CEO, Entire Board Of Medellín’s Ruta N Resign 1 Day After EPM’s Board, Deepening Crisis For Mayor Daniel Quintero

Just one day after the board of directors of Medellín utility EPM resigned in protest, Medellín technology incubator Ruta N’s entire board of directors, citing a lack of confidence in Quintero’s stewardship.
Posted On August 17, 2020
, By Loren Moss
Photo montage courtesy EPM
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EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

The board’s resignation left the utility’s CEO, Álvaro Guillermo Rendón trying to explain to the media and public why the entire board of directors resigning or the mayor’s actions are nothing to worry about.
Posted On August 17, 2020
, By Loren Moss
Lisa Mota Pinto is commercial vice president of the Viva Air Group.
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Viva Air Launches New Frequent Flyer Prepurchase Program

Medellín based low cost carrier Viva Air in association with travel technology company Caravelo, has launched a new product for its frequent passengers that allows them to pre-purchase packages of coupon vouchers redeemable for domestic or international flights, without having to commit to travel itineraries.
Posted On August 10, 2020
, By Loren Moss
IBM Bogotá
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IBM Opens Cognitive Process Transformation Center In Bogotá

IBM has announced the opening of its Cognitive Process Transformation Center in Bogotá Colombia, supporting IBM clients in Spanish, English & Portuguese with various outsourced back-office functions.
Posted On August 10, 2020
, By Loren Moss
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Despite Temporary COVID-19 Plant Shutdown, Tecnoglass Reports Record Backlog, Margins

Barranquilla, Colombia based glass & aluminum manufacturer Tecnoglass (NASDAQ: TGLS) reported second quarter results yesterday, highlighting a record $550 million USD order backlog, up 4.8% over the previous year, and record cash flow from operations of $24.3 million, despite the factory closing for several...
Posted On August 7, 2020
, By Loren Moss
copa airlines boeing 737 Max
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Copa Airlines Reports $386 Million USD Loss For Q2 2020

Copa has now scheduled the restart of its regular commercial flights for September 4th, 2020.
Posted On August 7, 2020
, By Loren Moss
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Little Caesars Pizza Coming To Colombia

Global pizza chain Little Caesar's is coming to Colombia. The first two restaurants in Bogotá will be located in the San Cipriano and Prado Veraniego neighborhoods of Suba, on the capital city's far north side.
Posted On August 6, 2020
, By Loren Moss
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Former Colombian President Alvaro Uribe, 2 Sons Are Infected With Coronavirus COVID-2

1 day after being detained in house arrest by Colombia’s supreme court on charges of witness tampering, former president and current senator Alvaro Uribe is infected with the COVID-2 Coronavirus, that leads to the COVID-19 disease.
Posted On August 5, 2020
, By Loren Moss
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Breaking News: Former Colombian President Alvaro Uribe Under House Arrest

For the first time in modern history, a former Colombian president has been detained and must face criminal charges. Alvaro Uribe & his lawyer are charged with witness tampering and bribery in an attempt to falsely accuse an opposition senator.
Posted On August 4, 2020
, By Loren Moss
Photo credit: Laura LaRose via Flickr https://flic.kr/p/QACXgS Creative Commons Attribution 2.0 license
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Cuban Doctors Deploying To Medellín? Not All Roads Lead To Cuba In International Cooperation – Op Ed

A leaked letter showed that Medellín Mayor Daniel Quintero wrote the cuban government asking for Cuban doctors to potentially come to Medellin and help with the COVID-19 Pandemic. But he bypassed Colombia's foreign ministry and ignited a major controversy that a more experienced politician might have avoided....
Posted On August 1, 2020
, By Sergio Escobar
Photo of Marta Lucia Ramirez by Felipe Castaño, Vicepresidency of The Republic
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Exposed For Verified Family Ties To Narcotraffickers, Colombia’s Vice President Files Criminal Charges Against Investigative Journalist

Colombia's Vice President Marta Lucia Ramirez filed criminal charges against investigative journalist & British citizen Jeremy McDermott after he reported on a business deal between the Vice President's husband and alleged narcotrafficker and paramilitary leader Guillermo León Acevedo Giraldo, or "Memo Fantasma"
Posted On August 1, 2020
, By Loren Moss
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DHL Express To Open 10 New Retail Service Locations In Colombia

DHL Express announced that it is in the process of opening 10 additional retail service centers throughout Colombia during the second half of 2020 to serve growing demand for international express shipping.
Posted On July 30, 2020
, By Loren Moss
Photo credit: Tienda Movistar» de Andreuvv - Trabajo propio. Disponible bajo la licencia CC BY-SA 3.0 vía Wikimedia Commons
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Movistar Issues $500 Million USD In Bonds

Telefonica’s Colombian subsidiary Colombia Telecomunicaciones, operating under the Brand name Movistar, has raised $500 million USD in senior unsecured notes, the company has announced. $350 million of the placement proceeds will be used to replace senior unsecured notes issued on September 27, 2012 The $500...
Posted On July 30, 2020
, By Loren Moss
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Ecopetrol, Universities Launch Cosmetic Palm Oil Development Initiative

The initiative seeks to diversify the country’s economy, spur industrial innovation, and promote Colombia’s palm oil industry that enjoys significant sustainability and social advantages over other global palm-oil producing regions.
Posted On July 30, 2020
, By Loren Moss
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Viva Air Receives Post COVID-19 Biosecurity Approval From Colombian Government

Colombian low-cost airline Viva Air became the first airline to receive the “Check in Certificado” safety certificate developed by Colombia’s Ministry of Commerce Industry & Tourism and issued by Colombia’s Institute of Technical Standards and Certification, ICONTEC.
Posted On July 29, 2020
, By Loren Moss
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Colombia’s 4G Autopista al Mar 1 Highway Project 71% Complete

In Cañasgordas, Autopista al Mar 1 will connect with the Autopista al Mar 2 project which runs from Cañasgordas to the Gulf of Urabá on Colombia’s Atlantic coast, where the Puerto Antioquia ocean port & terminal is under construction.
Posted On July 29, 2020
, By Loren Moss
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Bogotá Class-A Office Space Pricing Down 8-9% According To Cushman & Wakefield

With several real estate projects expected to open in 2H2020, office rents are down and vacancy up in Colombia's capital city according to brokerage Cushman & Wakefield. Net absorption is negative due to the COVID-19 Pandemic.
Posted On July 29, 2020
, By Loren Moss
Image courtesy Sanaty - Twitter https://www.facebook.com/ipssanaty/photos/pcb.1034819156654376/1034818803321078/
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QuestCap Social Impact Investors Take 28% Stake In Colombian Health Clinic Sanaty IPS

The company will also have an option to acquire an additional 10% equity interest in LCP Barbados from Latin-Canada Pharma within 60 days following the closing of the transaction by paying USD$600,000 to the shareholders of Latin-Canada Pharma Inc.
Posted On July 29, 2020
, By Loren Moss
Ivan Duque photo credit César Carrión of the Presidencia de la República
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Colombian Coronavirus Curfew, Lockdown & Quarantine Extended Until September

President Ivan Duque indicated that the mandatory isolation, which was set to expire this Saturday, August 1, has been extended to August 30, but with different restrictions depending on whether municipalities are low, medium or highly affected by the COVID-19 Pandemic.
Posted On July 29, 2020
, By Loren Moss
Puerto Antioquia, Gulf of Urabá, Colombia. Photo courtesy of Puerto Antioquia Holdings
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Puerto Antioquia Gets $110 Million USD Debt Financing From Global Infrastructure Partners

Global Infrastructure Partners Capital Solutions Funds I and II (“GIP CAPS”) has closed on a $110 million USD secured holding company term loan investment  in Puerto Antioquia Holdings S.A.S., the port terminal in the Gulf of Urabá on the Atlantic coast of Antioquia, Colombia
Posted On July 28, 2020
, 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 Sales Down Less Than 2% In June Despite Coronavirus Restrictions

PriceSmart, Inc. (NASDAQ: PSMT) announced that for June 2020 net merchandise sales decreased 1.5% to $249.2 million USD from $253.1 million in June a year earlier in its warehouse clubs in The Caribbean & Latin America.
Posted On July 28, 2020
, By Loren Moss
seedling pharmacielo marijuana
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Pideka SAS / Ikänik Farms Selling Cannabis Oil In Colombia For Human, Veterinary, Research Uses

Ikänik Farms says that it has obtained all required pharma and agronomic certifications, enabling it to be the first in Colombia to complete a seed to "commercial sale", for use in the pharmaceutical form known as formula magistral.
Posted On July 28, 2020
, By Loren Moss
Avianca
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Avianca Not Renewing Certain Employment Contracts Due To Bankruptcy & Pandemic

Avianca is not renewing employment contracts after filing for bankruptcy. Many employees are on furlough, some of those will not return, no matter Avianca's outcome.
Posted On July 28, 2020
, By Loren Moss
Photo courtesy Pionerasdev
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PionerasDev Wins $50,000 USD Grant From IBM For Developing Colombian Women In Programming

IBM has announced that it has awarded a $50,000 USD grant to Colombia-based PionerasDev, a nonprofit whose mission is to create and cultivate self-managed communities for women to learn and work on computer and web programming.
Posted On July 27, 2020
, By Loren Moss
EPM Headquarters Building in Medellín's Plaza Mayor
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EPM’s New Dollar-Denominated Debt Rated As BBB By Fitch

Fitch Ratings has assigned a long-term 'BBB' rating to Empresas Publicas de Medellin E.S.P.'s (EPM) proposed senior unsecured U.S. dollar debt issuance that matures in 2031. Fitch has also assigned a long-term 'BBB' rating to the company's proposed reopening of its 8.375% senior notes due 2027 payable in Colombian...
Posted On July 8, 2020
, By Loren Moss
This familiar view of the Capitol’s East Front appeared in Die Gartenlaube, a popular German illustrated weekly newspaper. Published in Leipzig, the periodical was aimed at the middle classes and deemed a “friend of the family,” both for its instructive and entertaining content and generous use of images with text. The Capitol exterior was completed two years before this publication, during the Civil War, and its image appeared frequently in international periodicals. 1865, Collection of the U.S. House of Representatives
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94 US Congress Members Call Out Colombia’s Duque Administration For Failures To Protect Human Rights Defenders & 2016 Peace Accord Implementation

Yesterday, almost 100 members of the US Congress sent a letter to Secretary of State Mike Pompeo asking him to put additional pressure on Colombian President Ivan Duque to implement the 2016 Peace Accords signed by previous President Juan Manuel Santos, and also to reverse the deteriorating security situation...
Posted On July 7, 2020
, By Loren Moss
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After First COVID-19 Tax Holiday Devolves Into Fiasco, Colombian Government Pushes E-Commerce For Next Two, Restricts In-Store Sales

After the first COVID-19 tax holiday was condemned as irresponsible, the Colombian government is restricting electronics & appliance sales during the next two tax holidays taking place in July where shoppers will be exempt from the country's 19% VAT tax.
Posted On June 29, 2020
, By Loren Moss
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Colombia Extends Curfew Until July 15, Some Discretion For Restaurants & Worship Delegated To Mayors

President Ivan Duque announced a further extension to Colombia’s national curfew in response to the Coronavirus COVID-19 Pandemic to July 15 in Decree 878 of June 25, but also modified Decree 847 of June 14, allowing limited pilots of restaurant and church reopenings.
Posted On June 29, 2020
, By Loren Moss
Image by Finn Maxwell Cousineau from Pixabay
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5 Firms To Begin 5G Network Trials In Colombia While 4G Deployment Continues

In July, 5 companies will begin 5G network trials in the Colombian cities of Medellín, Bogotá, Tolú, Barrancabermeja, and Cali. Meanwhile the country announced a strategy to move consumers at least to 4G and dismantle the aged 2G mobile telecommunications network.
Posted On June 29, 2020
, By Loren Moss
The above IHME map shows the mean value (across the 1,000 regressions that IHME runs in its SEIR model) of effective reproductive number, R, on June 9. Infections on June 9 roughly correspond to cases of COVID-19 on June 20 given the average duration of 11 days between infection and being reported as a case. Where this value is greater than 1, it means that every person infected with COVID-19 will produce more than one additional infected person. To successfully eliminate a disease from a population, R needs to be less than 1. The map shows that on June 9 in many parts of the world, R was lower than 1, including many parts of North America, Europe, Africa, India, Australia, and New Zealand. Locations that are showing effective R values greater than 1, which means that the number of cases of COVID-19 in the population is growing, include several states in India, the US, Mexico, and Brazil, as well as many countries in the Southern Hemisphere, such as Argentina, Chile, and Indonesia. Several countries in the Middle East, including Egypt, Saudi Arabia, Iraq, and Yemen, as well as Turkey and Iran, also had R values greater than 1 as recently as two weeks ago.
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Up To 81,942 May Die In Colombia From COVID-19 Says University of Washington Institute

The Institute for Health Metrics and Evaluation (IHME) at the University of Washington is forecasting nearly 388,300 people will die from COVID-19 in Latin American and Caribbean nations by October 1. Brazil is expected to exceed 166,000 deaths and Mexico 88,000. Six other nations are each predicted to exceed...
Posted On June 29, 2020
, By Loren Moss
movistar colombia fine million ultramagic
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Colombia Telecomunicaciones’ (Movistar) Credit Ratings Remain Stable

Fitch says Movistar has a diversified service portfolio with a national footprint and improving 4G and fiber broadband networks. Mobile accounts for approximately 60% of revenues in 2019, in line with the regional median.
Posted On June 29, 2020
, By Loren Moss
avocado colombia hass colombian avocados USDA import world avocado association
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Colombia UK Bilateral Trade Agreement Passes Out Of Colombian Senate

A bilateral trade agreement between Colombia and the United Kingdom has passed in Colombia’s plenary senate session and now passes to the Andean nation’s lower house for approval.
Posted On June 29, 2020
, By Loren Moss
Above photo: Tecnoglass products make up the facade of distinctive architecture such as Fordham University (photo courtesy of Tecnoglass)
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Tecnoglass Announces Q2 Cash Dividend

Headquartered in Barranquilla, Colombia, the Company operates out of a 2.7 million square foot vertically integrated, state- of-the-art manufacturing complex that provides easy access to the Americas, the Caribbean, and the Pacific.
Posted On June 29, 2020
, By Loren Moss
LATAM Fine colombia
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Latin American Corporate Defaults Expected To Rise, says Fitch

The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.
Posted On June 29, 2020
, By Loren Moss
teleperformance
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Foreign Investors Still Confident In Colombia, According To Survey by IPAs

The study revealed that 66% of the surveyed businesspeople were optimistic regarding the operations of their companies in Colombia, while 30% feel the same in respect to the performance of the economy in general.
Posted On June 29, 2020
, By Loren Moss
Photo of Nicolas Takahashi by Liliana Padierna
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Video (Spanish): How Viva Air Plans To Protect Passengers From COVID-19

Viva Air ha tomado medidas para volar de nuevo, y proteger sus pasajeros y tripulación. Gracias a sus nuevos protocolos de bioseguridad, a la limpieza constante de sus aviones y a los filtros especiales HEPA del aire en las cabinas, el riesgo de contagio de Covid-19 se reduce al máximo.
Posted On June 29, 2020
, By Loren Moss
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Spirit Airlines Fined By US Government For Unethical Behavior, Violating Passenger Rights

Spirit was found guilty of undercompensating passengers, forcing them to sign untruthful documents, and denying their rights after overbooking flights.
Posted On June 23, 2020
, By Loren Moss
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Copa Airlines Fined BY US Department of Transportation $450,000 For Illegal Flights Between US & Venezuela

 The U.S. Department of Transportation fined Copa Airlines $450,000 for unlawfully transporting passengers between the United States and Venezuela via a stopover point. Copa was ordered to cease and desist from future similar violations.
Posted On June 23, 2020
, By Loren Moss
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Editorial: President Duque’s “Day Without Sales Tax” Devolves Into Public Health Fiasco

Colombia's "Day without Tax" may have undone in less than 24 hours the country's past three months of success in battling the Coronavirus COVID-19 Pandemic. Even if the government decides to lift curfews and restrictions, this may have been the dumbest possible way to do it.
Posted On June 21, 2020
, By Loren Moss
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UPDATED: Spirit Air To Fly Humanitarian Flights From Colombia To US In July

The U.S. Embassy has announced that Spirit Airlines will operate three humanitarian flights on April 30, May 1 and May 3 from Colombia to the United States for US citizens and permanent residents that wish to return to the US during this period of closed airspace due to the Coronavirus COVID-19 Pandemic.
Posted On June 20, 2020
, By Loren Moss
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Bogotá’s Mayor Threatens To Shutter PriceSmart, Makro

Claudia Lopez, Bogotá's increasingly strident Mayor last week threatened to shutter retailers Makro & PriceSmart on a radio interview, saying the stores were not doing enough to fight the Coronavirus COVID-19 Pandemic
Posted On June 20, 2020
, By Loren Moss
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72% Of All SIC Platform Complaints Against Airlines In Colombia Filed Against Avianca

Colombian air travel passengers have battled with airlines over fare refunds more than any other complaint during the Coronavirus COVID-19 Pandemic, according to the Superintendence of Commerce.
Posted On June 20, 2020
, By Loren Moss
Photo courtesy Uber
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Anti-Über Order Struck Down In Colombia By Superior Court of Bogotá

Yesterday, Bogotá's Superior Court struck down the administrative ruling by Colombia's Superintendence of Commerce that banned Über's operations from the Andean nation.
Posted On June 20, 2020
, By Loren Moss
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Viva Air Begins Domestic Humanitarian Flights Between San Andrés Archipelago & Colombian Mainland

Last week, Viva Air began limited domestic humanitarian flights returning residents of the San Andrés Archipelago in the Caribbean Sea from other parts of mainland Colombia and also bringing home mainland Colombians who were stranded on the Islands. On the first flight, 150 passengers flew to Medellín from San...
Posted On June 20, 2020
, By Loren Moss
Photo credit Loren Moss
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Colombians Have Until July 6 To Apply For Scholarships & Admission To Texas MBA Programs

The master's degrees are in Spanish and are delivered virtually with a two-week component of face-to-face immersion in Texas in 2021.
Posted On June 20, 2020
, By Loren Moss
Colombia's meeting of the Superior Fiscal Policy Council of the Finance Ministry where suspension of the Fiscal Rule was approved. (photo: Minhacienda)
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Colombian Government Suspends Fiscal Rule, Opening Door To Deeper Deficit Spending

On June 15 Colombia’s Fiscal Rule Consultative Committee accepted a proposal by Minhacienda, Colombia’s Finance Ministry, to suspend the application of Colombia’s Fiscal Rule that strictly limited deficit spending, for the years 2020 and 2021. While the government seeks to mitigate effects of the Coronavirus...
Posted On June 20, 2020
, By Loren Moss
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Bogotá Expected To Continue In Good Financial Shape, Says Fitch

Bogota will maintain a strong operating performance and manageable debt levels in Fitch's view. The district is well positioned to overcome the current global and national adverse economic scenario, says the ratings agency
Posted On June 20, 2020
, By Loren Moss
Screenshot of Falabella page with consumer warning
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Colombian Government Issues Strong Rebuke To Retail Chain Falabella For Pandemic Web Failures, Unethical Practices

Falabella has been widely denounced for taking customer money then not delivering product during the pandemic. Now the Colombian government is responding.
Posted On June 19, 2020
, By Loren Moss
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Reverse Mortgages Coming To Colombia

Reverse Mortgages will now be legal in Colombia, says President Ivan Duque, providing a financial option that may benefit Colombian homeowners 65 years of age or older.
Posted On June 17, 2020
, By Loren Moss
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Colombian Pork Exports Begin To The Ivory Coast and Hong Kong

Colombian pork exports begin this weekend, with the shipment of 25 tons to Hong Kong and 25 tons to the Ivory Coast, from the port of Cartagena.
Posted On June 17, 2020
, By Loren Moss
The departments that registered the most birds were Antioquia, with 600 species, Valle del Cauca, with 548 species, Meta, with 532, and Caldas and Cundinamarca with 505 each.
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Colombia Wins Cornell Global Birdwatching Competition For 4th Straight Year: 1,440 Species Observed

Colombia took first place in the Global Big Day birdwatching event organized by Cornell University. Of 1,440 species observed, 600 species were seen in Antioquia, 548 in Valle del Cauca, 532 in Meta, and 505 each in Caldas & Cundinamarca departments.
Posted On June 17, 2020
, By Loren Moss
Groubani de Wikipedia en inglés.
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Bilateral Colombia UK Trade Bill Passes Out Of Colombia’s Senate Committee

A post-Brexit trade deal between Colombia and the United Kingdom was approved by Colombia’s congress in its first debate. The bill seeks to maintain trade integration, market access and commercial relationship between the two Atlantic countries.
Posted On June 16, 2020
, By Loren Moss
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