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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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Chevron Sells Colombia Upstream Operations To Ecopetrol Subsidiary Hocol

US based petroleum supergiant Chevron-Texaco (NYSE: CVX) and Colombia’s state controlled Ecopetrol (NYSE: EC, BVC: ECO) Subsidiary Hocol have announced the inking of a deal for Hocol to acquire Chevron’s 43% stake and operational responsibility in the Asociación Guajira project, including interests in the Chuchupa...
Posted On November 29, 2019
, By Loren Moss
movistar colombia fine million ultramagic
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Telefonica Seeking To Spin Off Non-Brazil Latin America Operations

Spanish telephone company Telefónica (BME: TEF) announced this week in a letter to from the CEO that it intends to spin off its Spanish-language Latin America operations in order to focus on business in Spain, Brazil, Germany and the United Kingdom. According to the company in a statement shared with Finance...
Posted On November 29, 2019
, By Loren Moss
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Sickening Police Violence & Vandalism Tarnish Colombia’s Largely Peaceful Protests

Colombia’s National Strike that took place yesterday, November 21 was overwhelmingly peaceful—depending upon where one was. Medellín and Cartagena saw almost completely peaceful protests, while Cali saw incidents of violence, and predictably, Bogotá saw massive acts of vandalism against its Transmilenio and SITP...
Posted On November 22, 2019
, By Loren Moss
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Analysis: What does Colombia’s “Day of Rage” mean for Business & Politics?

Yesterday in Colombia the country saw massive protests in every major city and in many small towns and even rural villages. The marches, largely peaceful with some exceptions in Bogotá, Cali and some looting in the small, impoverished city of Buenaventura, were a perfect storm of discontent across a wide range of...
Posted On November 22, 2019
, By Loren Moss
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4th Annual Colombia Gold Symposium Solidifies Its Position As Most Important Gold & Copper Event For Colombia & Ecuador

The 2019 Colombia Gold Symposium was held once again last week from November 12-13 in Medellín’s Hotel San Fernando Plaza. The unique event brings together each year investors, operators, explorers and service providers in the gold, silver and copper mining sector across Colombia and Ecuador. The event, now in its...
Posted On November 18, 2019
, By Loren Moss
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Colombia’s Cacao Exports Reach Over 40 Countries, $78.7 Million USD

The number of exporters in Colombia’s Cacao sector continue to grow, as the country continues to work to improve the quality of the fruit, and to meet international quality and sustainability standards. During the Chocoshow held at the Corferias Convention Center in Bogotá, Vice Minister of Foreign Trade Laura...
Posted On November 18, 2019
, By Loren Moss
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Continental Gold Seeks Additional Financing, Continues Construction on Buriticá Mine

Continental Gold (TSX:CNL; OTCQX:CGOOF) has provided an update on its progress at its mine in Buriticá, Colombia, and financial status.  As of September 30, 2019, the company had $78.9 million USD in cash and cash equivalents (including $6.8 million in restricted cash). To reduce liquidity risk, they are actively...
Posted On November 18, 2019
, By Loren Moss
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Closes On Hydraulic Fracturing Joint Venture With Occidental Petroleum

Colombian state-controlled petroleum company Ecopetrol (BVC: ECOPETROL, NYSE: EC) has announced the successful closing of a transaction announced July 31, where Ecopetrol entered a joint venture with Occidental Petroleum (NYSE: OXY) to develop 97,000 acres of unconventional deposits in the Permian Basin of Texas....
Posted On November 18, 2019
, By Loren Moss
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Bogotá Real Estate Investor Habi Closes $5.5 Million Pre-Seed Round From Venture Capital Investors

Bogotá-based real estate company Habi today announced that it has closed a $5.5 million pre-seed round led by Tiger Global Management, with participation by investors Homebrew and Zigg. Reshape Holdings, FJ Labs, Supernode Ventures and other investors. According to its website, Habi offers to quickly purchase...
Posted On November 18, 2019
, By Loren Moss
banco de bogota banco de bogotá bancolombia colombia
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Grupo Aval’s Banco de Bogotá To Buy Panamá’s Multi Financial Group; Moody’s Says Outlook Remains Negative

Banco de Bogotá has reached an agreement with Multi Financial Group (MFG), Panama’s eighth largest banking group by assets, to acquire 100% of its common capital for about $730 million dollars in an all-cash transaction. The proposed acquisition will add $5 billion to Banco de Bogotá’s total assets of...
Posted On November 18, 2019
, By Loren Moss
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Colombian Government Accepting Bids For Registry Operation & Management of the .CO Top Level Domain

Colombia’s Ministry of Information Technology & Communications (MinTIC) has published information and documents related to the Dominio.Co project, instructions on submitting a proposal to manage and serve as the registrar for the .CO top level domain. US based Neustar purchased the current registrar, .CO...
Posted On November 18, 2019
, By Loren Moss
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Avianca Closes On $250 Million Convertible Loan From United Airlines & Kingsland International Group

Avianca has announced this morning in a filing with the US Securities & Exchange Commission (SEC) that it has closed on a $250 Million senior secured convertible loan agreement offered by US based United Airlines, and Kingsland International Group, controlled by Roberto Kriete of El Salvador. Terms of the loan...
Posted On November 18, 2019
, By Loren Moss
Casa del Marqués de Valdehoyos. Photo credit: Cancillería de Colombia
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Colombia, United States Hold Extradition Talks in Cartagena

Colombian and US officials met last week at the historic residence of the Marquis de Valdehoyos in Cartagena, Colombia for official talks titled “Consultations on Extradition and Mutual Legal Assistance to be held between the United States and Colombia.” The meeting was part of ongoing negotiations regarding...
Posted On November 18, 2019
, By Loren Moss
Ignacio Garralda is the chairman of Spanish insurer Mutua Madrileña
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Mutua Madrileña Takes 45% Stake In Colombia’s Seguros Del Estado

Spain’s Mutua Madrileña insurance company has purchased 45% of Colombia’s Seguros del Estado, a private insurance company operating in Colombia. Seguros del Estado claims the #2 ranking in property and casualty insurance in Colombia. Mutua Madrileña also acquired an option to take control of the company in 4...
Posted On November 18, 2019
, By Loren Moss
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Ecopetrol Purchases 21.43% Share Of Gulf of Mexico Deepwater Block From Chevron

Colombian state-controlled petroleum producer Ecopetrol’s (NYSE: EC, BVC: ECO) US subsidiary Ecopetrol America has reached an agreement with US petroleum supergiant Chevron Texaco (NYSE:CVX) to buy into the Mississippi Canyon Block 726 oil field located in US waters in the Gulf of Mexico. By selling participation...
Posted On November 10, 2019
, By Loren Moss
Photo courtesy National Police
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¡Gringo Loco! Florida Man Steals Taxi From Barranquilla Airport, Runs Over 2 Colombians, Nearly Lynched By Angry Mob

Colombia’s attorney general’s office has announced charges against John Joseph Gianino, who is accused of stealing a taxi from Barranquilla’s international airport (BAQ) while the driver was waiting on a fare, and during his attempted escape, crashed into several vehicles, running over a woman and child before...
Posted On November 6, 2019
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass Reports Revenues Up 12%, To Present Tomorrow in Chicago At Baird Conference

Barranquilla based Tecnoglass (NASDAQ:TGLS) (BVC:TGLSC), Colombia’s leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, today reported financial results for the third quarter ended September 30, 2019. The glass...
Posted On November 6, 2019
, By Loren Moss
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Colombia Leads The Global Financial Inclusion Microscope For 2nd Straight Year

 Colombia, Peru, Uruguay and Mexico lead the ranking of the Global Microscope on the environment for financial inclusion, an index that focuses on regulation, political strategies, and infrastructure to address this issue. In these four countries, financial inclusion is a priority and incorporates digital...
Posted On November 5, 2019
, By Loren Moss
Downtown Bogotá at Night El Turista
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Criminal Taxi Gangsters Targeting Foreigners Arrested In Bogotá

After 7 months of investigation, Colombia’s CTI, or bureau of investigation, complied sufficient evidence to order the capture of 8 suspects belonging to the “Los Calvos” gang (The Bald-heads). 7 of those 8 were taken into custody on October 30. They were charged with aggravated theft by IT device, and conspiracy....
Posted On November 5, 2019
, By Loren Moss
A soldier mans his security post in Cúcuta. (Credit: National Police of Colombia)
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Opinion: Latin Spring = Danger for Investors

Massive protests have erupted in Chile, Ecuador, and Bolivia. The potential for more in other Latin American countries has some folks calling it the Latin Spring. The causes of the outbreaks vary, but there’s a common thread and it spells danger for investors—and everyone.
Posted On November 4, 2019
, By Lobo Tiggre
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Colombia’s Attorney General Prosecutes Various Cases of Corruption In October’s Local & Departmental Elections

One week ago last Sunday, Colombian voters went to the polls to choose mayors, neighborhood councils, city councils, and governors. With some notable exceptions, elections were mostly peaceful unlike past decades, but typical localized cases of vote buying and corruption were uncovered and are being prosecuted by...
Posted On November 4, 2019
, By Loren Moss
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Colombian Agriculture Minister Seeks To Backtrack On Shark Finning Quota

Apparently upset by news reports in Finance Colombia and elsewhere, Colombia’s Minister of Agriculture Andrés Valencia Pinzón (above, black suit) has stated that the ministry’s recent resolution 350 of 2019 does not encourage shark finning, the practice of cutting off the fins of shark and leaving the fish to die....
Posted On November 4, 2019
, By Loren Moss
Avianca Holdings Boing 787 in Rionegro Fitch Ratings liquidity
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Fitch Rates Avianca’s Proposed Debt Swap At C/RR4

Fitch Ratings has assigned a ‘C’/’RR4’ rating to Avianca Holdings S.A.’s (NYSE: AVH; BVC: PFAVH) $550 million USD senior secured notes due 2020. These notes are being received in exchange for $550 million of senior unsecured notes due 2020. The new issuance will be secured by a pledge...
Posted On November 4, 2019
, By Loren Moss
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Colombia’s Constitutional Court Invalidation Of Tax Reform Package Unlikely To Have Significant Macroeconomic Impact

Colombia’s Constitutional Court invalidated several articles of the President Ivan Duque’s “Ley de Financiamiento” fiscal reform law that was approved at the end of 2018 declaring them unenforceable. This means that the government has until January 1 2020 to return to the previous taxation regime, or...
Posted On November 4, 2019
, By Loren Moss
Image by Fajrul Falah from Pixabay
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The Global Conspiracy Against Hydraulic Fracturing: Is It Active In Colombia?

On Bogotá’s famous Avenida Séptima (7th Avenue) in Colombia, about where it connects with 76th street near the Russian Embassy, a large mural was painted on a wall. The mural, since painted over, was graffiti art in opposition to “Fracking,” or Hydraulic Fracturing. Known within the petroleum industry as ...
Posted On November 3, 2019
, By Loren Moss
Photo courtesy US Embassy: Maria Victoria Angulo, Minister of Education of Colombia and Diane Jones, Principal Deputy Undersecretary for the U.S. Department of Education, signed the document benefiting the Afrocolombian population.
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US, Colombian Governments Sign Cooperation Pact To Benefit Afrocolombians, US HBCUs

In order to promote the development of African Descendent communities and strengthen ties between both countries, the Ministry of Education of Colombia and the Department of Education of the United States signed a memorandum of understanding on academic cooperation in higher education. The memorandum signed last...
Posted On October 31, 2019
, By Loren Moss
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US Embassy Consular Services To Be Offered In Medellín on November 19 – Appointment Required

To further assist U.S. citizens in Colombia, the U.S. Citizen Services section will be visiting Medellín on Tuesday, November 19, 2019. Embassy officials will accept passport applications (Renewals and replacements) or obtain information on how to participate in the upcoming 2020 US elections. To schedule an...
Posted On October 31, 2019
, By Loren Moss
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Colombian & US Authorities Dismantle Transnational Prostitution Ring

A joint effort by US and Colombian authorities have captured 9 people in Colombia, including Colombians and a US citizen, and 1 person in New York, charged with running a human trafficking, child prostitution and pornography operation across international borders. Multiple INTERPOL blue notices were activated...
Posted On October 31, 2019
, By Loren Moss
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Colombia’s Local Electoral Results: A Win For Moderates & Outsiders, A Defeat For Dynasties & Political Machines

Sunday’s local and gubernatorial elections in Colombia saw stunning defeats for the Centro Democratico, the political party of both current President Ivan Duque and former president Alvaro Uribe. Far left senator and former revolutionary militant Gustavo Petro also saw his hand picked candidate Holman Morris...
Posted On October 31, 2019
, By Loren Moss
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Structural Features Increase Risk in Latin American Securitizations, According to Fitch

Latin American securitization structures featuring pro-rata amortization and/or maturity risk may amplify uncertainty in cash flow allocation, resulting in greater dependence on credit protection and structural mechanics, says Fitch Ratings. Ratings for these structures are more sensitive to model inputs because...
Posted On October 31, 2019
, By Loren Moss
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Ecopetrol Takes Delivery Of Alseamar Submarine Drones

Colombian state-controlled petroleum giant Ecopetrol (NYSE: EC, BVC: ECO) has taken delivery of French-made submarine drones to help the company in its Caribbean petroleum exploration efforts. The drones are equipped with sophisticated chemical and physical sensors to allow it to “smell” markers that may indicate...
Posted On October 31, 2019
, By Loren Moss
The Hass Avocado is known for its wrinkled skin and smaller size.
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Colombia Avocado Exports Up 37.6%

In the first half of 2019, Colombia’s avocado exports are up 37.6% compared to the same period in 2018, according to ProColombia, Colombia’s export promotion agency, and DANE, the national statistics agency. This in contrast to a global increase in consumption of 3% according to the Euromonitor market research...
Posted On October 31, 2019
, By Loren Moss
Dr. Jorge Alberto García, a urogynecologist and vaginal cosmetic surgeon
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Medical Tourism in Colombia Continues To Increase With Minimally Invasive Surgery

According to statistics from Colombia’s Ministry of Commerce, Industry and Tourism (MinCIT), the country continues to see growth in the medical tourism sector, which includes both medically necessary and elective procedures. According to ministry data, perhaps 50,000 foreign patients visit Colombia for medical...
Posted On October 31, 2019
, By Loren Moss
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Malnutrition: 49% of Colombian Children Under 5 Suffer From Zinc Deficiency, According To New Study

A new study published in medical journal BMC Nutrition by researchers from Universidad del Rosario in Bogotá, Colombia and Nicklaus Children’s Hospital in Miami, Florida has found that half of Colombian children under 5 years old suffer from deficiencies in zinc, a metal and essential nutrient critical to health...
Posted On October 31, 2019
, By Loren Moss
Silky Shark
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Colombian Government Authorizes Harvesting of 30,200 Pounds of Shark Fins In Coming Year

The Colombian Government has just issued a resolution making it legal to harvest shark fins from several Shark species. Notably, the resolution specified harvest quotas of “shark fins’ apart from the shark in its entirety.
Posted On October 31, 2019
, By Loren Moss
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Ecopetrol Strikes Oil In La Paz Formation, Puerto Wilches, Santander

Colombian petroleum company Ecopetrol (NYSE: EC, BVC: ECO) has announced today that its exploratory well Flamencos-1 in Puerto Wilches, Santander, has encountered oil in the La Paz formation. The Ecopetrol well reached a depth of 8,561 feet (2,620 meters) and penetrated the La Paz formation between 7,465 and 8,263...
Posted On October 16, 2019
, By Loren Moss
Figure 3: Underground Channel Sampling Results from the Southwestern Portion of the Yaraguá System, Sublevel 1190
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Continental Gold Announces Sampling Results From Additional Drilling: More High Grade Gold & Silver

Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has announced high-grade channel sampling assay results from six development drifts being prepared as part of the underground construction at its Buriticá project in Antioquia, Colombia. Development of the Buriticá project remains on schedule with mechanical completion...
Posted On October 15, 2019
, By Loren Moss
Photo: Frontera Energy's oil operations in Quifa, Colombia.
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Frontera Energy To Announce Q3 Results, Colombia Production Remains Steady

Frontera Energy Corporation (TSX: FEC) has delivered estimated third quarter 2019 production of 70,200 boe/d (barrels of oil equivalent per day) in-line with 2019 year to date production of 70,820 boe/d, both of which are above the high end of Frontera’s annual production guidance range of 65,000 to 70,000...
Posted On October 15, 2019
, By Loren Moss
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Ecopetrol: Asphalt Sales Surge 47% Over 1H 2018

Colombian petroleum company Ecopetrol (NYSE: EC, BVC: ECO) has announced that for the first half of 2019, asphalt sales have reached 212,888 tons, representing an increase of 47% over the same semester of 2018, and the highest amount in the past 3 years. The company attributes the sales volume to the reactivation...
Posted On October 15, 2019
, By Loren Moss
Caño Cristales river, Colombia
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Municipality of La Macarena, Meta Certified For Sustainable Tourism

The Colombian town of La Macarena, Meta and surrounding areas has been certified as a “sustainable tourism destination” by ACERT S.A. and recognized by Colombia’s deputy minister of tourism, Julián Guerrero Orozco. The sustainability designation includes Colombia’s famous Caño Cristales river (above photo) and the...
Posted On October 15, 2019
, By Loren Moss
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United States Lifts 3-Decade Ban On Colombian Yellowfin Tuna

The United States National Oceanic and Atmospheric Administration (NOAA) has authorized the lifting of the embargo on yellowfin tuna from Colombia, announced Colombia’s Ministry for Commerce, Industry and Tourism. The action was taken after the Colombian government requested NOAA review Colombia’s...
Posted On October 15, 2019
, By Loren Moss
bancoldex
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Bancoldex Offers Green Credit Facility For Micro & Small Businesses In Colombia

Bancoldex, Colombia’s development bank, has announced a new $50 million line of credit for microenterprises and small businesses to finance projects that reduce greenhouse gases, adapt to climate change, or mitigate environmental impact. The credit like has a term of up to 3 years, and may be used to finance...
Posted On October 15, 2019
, By Loren Moss
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Gran Colombia Gold Announces Updated Mineral Resource Estimate and Preliminary Economic Assessment for Its Marmato Project

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it has completed an updated Mineral Resource estimate for its Marmato Project prepared in accordance with the Canadian Institute of Mining Metallurgy and Petroleum (“CIM”) Definition Standards incorporated by reference in National Instrument...
Posted On October 15, 2019
, By Loren Moss
umbrella life insurance colombia
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Fitch: 1 in 4 Latam Corporates Exposed To 1 or 2 Notch Rating Downgrade

One in four Fitch-rated corporates in Latin America is exposed to either a one-notch sovereign or country ceiling downgrade, while ratings for nearly one-third of issuers are vulnerable to a two-notch downgrade, according to Fitch Ratings. There are a meaningful number of Fitch-rated LATAM sovereigns with a...
Posted On October 15, 2019
, By Loren Moss
(Photo credit: Avianca)
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Avianca Receives $250 Million USD Loan From United Airlines & Kingsland Holdings, Seeks To Raise Additional $125 Million Debt

On October 4, 2019, United Airlines, Inc. (NASDAQ: UAL) and Kingsland Holdings Limited delivered to Avianca Holdings S.A. (NYSE: AVH, BVC PFAVH) a commitment to provide Avianca at least a $250 million senior secured convertible loan, expected to close on or before October 15, 2019. Under the commitment, the...
Posted On October 10, 2019
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Tecnoglass To Announce Q3 Earnings, Hold Earnings Call November 6

Tecnoglass Inc. (NASDAQ: TGLS), the leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, today announced it will release financial results for the third quarter 2019 before the market opens on Wednesday, November...
Posted On October 10, 2019
, By Loren Moss
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UruIT Celebrates Its Expansion Into Bogotá, Where The IT Outsourcer Is Actively Hiring Developers

Montevideo, Uruguay based IT software outsourcing firm UruIT continues its growth, opening offices in Colombia’s capital of Bogotá; this after expanding into the Andean nation with Medellín offices in 2016. Primarily serving North American corporate clients from sales offices in Los Angeles and Miami, UruIT...
Posted On October 10, 2019
, 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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Fitch Upgrades ColTel (Movistar) to ‘BBB-‘; Outlook Stable

Fitch Ratings has upgraded Colombia Telecomunicaciones S.A. E.S.P.’s (ColTel) Foreign Currency (FC) and Local Currency (LC) Issuer Default Ratings (IDR) to ‘BBB-‘ from ‘BB+’, the 2022 notes to ‘BBB-‘ from ‘BB+’, and the hybrid note to ‘BB’ from...
Posted On October 4, 2019
, By Loren Moss
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22% of Visitors To Colombia From USA, Followed by Peru (20%) & Panamá (17%)

In the first half of 2019, the number of international visitors passing through Colombian immigration continues its upward trend, with 2,865,070 foreign nonresident visitors between January & August, according to Colombia’s Ministry of Commerce, Industry & Tourism (MinCIT). 2.2 million of those visitors...
Posted On October 4, 2019
, By Loren Moss
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Chevron Petroleum, Colombia’s Green Heart Foundation Donate House To Widow & Child Of Fallen Police Officer

Chevron Petroleum (NASDAQ: CVX), in conjunction with Colombia’s Green Heart Foundation (Fundación Corazón Verde), local construction company Constructora Capitál and the U.S. Embassy donated this week a new home in the Medellín suburb of Sabaneta to the widow and child of fallen Colombian undercover police officer...
Posted On October 2, 2019
, By Loren Moss
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Colombia’s Foreign Direct Investment Up 11.4% Over 2018

Foreign Direct Investment (FDI) in sectors other than those of mines and energy, between January and August, registered an increase of 11.4%, according to Colombia’s Banco de la República (Bank of the Republic), going from $1.4 billion USD the same period last year to $1.564 billion USD. These sectors accounted...
Posted On September 30, 2019
, By Loren Moss
reinsurance latin america house collapse
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American Agricultural Insurance Company Approved To Issue Reinsurance In Colombia, Argentina

US based American Agricultural Insurance Company (AAIC) has announced that it is now authorized to reinsure risks based in Argentina and Colombia through the broker marketplace. The company has been named an Admitted Foreign Reinsurer in Argentina and an Approved Reinsurer in Colombia, where it is listed with the...
Posted On September 30, 2019
, By Loren Moss
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Air Wars: Delta Snatches LATAM From American Airlines Partnership, Leaves AA Without Partners In Several Major Markets

Delta (NYSE: DAL) and LATAM Airlines Group S.A. (NYSE: LTM; IPSA: LTM) last week announced that they have entered into a strategic partnership that seeks to reshape the air travel environment in The Americas. Chile based LATAM will sever its ties with longtime partner American Airlines as a result of the deal, and...
Posted On September 30, 2019
, By Loren Moss
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Continental Gold Begins Deepest 1.6 km Drill At Buriticá, Construction On Schedule

Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has commenced drilling a deep diamond drill hole from the Higabra tunnel elevation at its Buriticá project in Antioquia, Colombia. The planned 1,600-meter hole has been designed to test for gold and copper mineralization within a known porphyry intrusive body located in...
Posted On September 30, 2019
, By Loren Moss
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Frontera Energy & CGX Energy Announce Conversion of Bridge Loan

CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC) announced last week that Frontera has elected to convert the principal amount outstanding (US$8.8 million) under its bridge loan facility due September 30, 2019. As previously announced, the principal amount outstanding under the bridge loan is...
Posted On September 30, 2019
, By Loren Moss
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Royal Road Minerals Gains Concessions In Caldas & Risaralda, Colombia

Toronto based Royal Road Minerals Limited (TSXV:RYR), a gold and copper focused mineral exploration and development company, has announced that by way of its recently completed purchase of Northern Colombia Holdings Limited, an affiliate of AngloGold Ashanti Limited, it has received the rights to a newly granted...
Posted On September 30, 2019
, By Loren Moss
U.S. Marine Cpl. Johnathon Nettles, a data systems administrator with Special Purpose Marine Air-Ground Task Force – Southern Command, finalizes adjustments on a ground antenna transmit and receive (GATR) communications system during the setup of a command operations center in Base de Entrenamiento de Infanteria de Marina, Coveñas, Colombia, Sept. 28, 2019. A GATR is used to establish local area network-based services through a satellite. The task force is conducting training and engineering projects hand-in-hand with partner nation military members in Latin America and the Caribbean during their deployment to the region, which coincides with hurricane season. Nettles is a native of Annapolis, Maryland. (U.S. Marine Corps photo by Sgt. Stanley Moy)
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US Marines Deployed To Coveñas, Colombia; Establish Command Operations Center on Colombia’s Atlantic Coast

US Marines Special Purpose Marine Air-Ground Task Force under the US Military Southern Command and Colombia’s Infantería de Marina de Colombia begin a week of Humanitarian Assistance/Disaster Relief (HA/DR) rehearsals and Subject Matter Expert Exchanges (SMEEs), in Coveñas, Colombia.
Posted On September 30, 2019
, By Loren Moss
Avianca Boeing 787 Dreamliner at Medellín's Airport
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Control of Avianca: New York Court Issues Summary Judgement In Favor of United & Kriete’s Kingsland Holdings, Against BRW Aviation, Efromovich

This morning in a New York court, a judge issued summary judgement affirming Kingsland Holding’s control of Avianca, after industrialist Germán Efromovich defaulted on loan payments to United Airlines collateralized by Efromovich’s stake in Avianca Holdings (NYSE: AVH) See: Aerial Combat: United...
Posted On September 27, 2019
, By Loren Moss
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Colombian Small Business Lender Sempli Raises $8 Million USD In Series A Venture Capital

Sempli, the Colombian online lending platform for small businesses, announced this week that it has secured $8 million USD in Series A venture capital, the round being led by Oikocredit and Incofin CVSO. Existing and new investors joined the round, including BID LAB (The Interamerican Development Bank), XPT1 Fund,...
Posted On September 26, 2019
, By Loren Moss
tecnoglass inc barranquilla colombia glass, window, jose daes plate mover
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Tecnoglass Appoints Carlos Alfredo Cure Cure as a New Director, Replacing Samuel R. Azout

Tecnoglass, Inc.(NASDAQ: TGLS) Colombia’s leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, this week announced the appointment of Carlos Alfredo Cure Cure to its board of directors, replacing Samuel R. Azout,...
Posted On September 18, 2019
, By Loren Moss
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Bayport Secures $150 Million USD To Fuel Its Colombian Consumer Payroll Lending

Bayport Colombia, a “libranza” (payroll loan) company, executed a secured credit agreement for up to USD $150 million with a syndicate consisting of a Cerberus Capital Management affiliate, JPMorgan Chase Bank, and a large Canadian institutional investor. The syndicate was led by JP Morgan. “After a rigorous...
Posted On September 18, 2019
, By Loren Moss
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Colombia Seeks To Export Mango, Pitaya, Bell Peppers To US In Trade Talks

Colombia’s vice minister of foreign trade Laura Valdivieso Jiménez met this week with US undersecretary of commerce Gilbert Kaplan during his visit to Colombia to discuss trade, when she brought up for discussion agricultural admissibility of several agricultural products, specifically mangoes, pitayas (also...
Posted On September 12, 2019
, By Loren Moss
Photo of Barranquilla skyline credit MinCIT
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Barranquilla Seeing A Surge In International Visitors

In the first half of 2019, 82,549 International visitors arrived in Colombia through Colombia’s Atlantic coastal city of Barranquilla. According to Colombia’s Ministry of Commerce, Industry & Tourism (MinCIT), this is an increase of 9.7% over the same period in 2018. 538,260 visitors arrived in Barranquilla’s...
Posted On September 12, 2019
, By Loren Moss
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Gran Colombia Gold Reports Production Up 8%

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 18,710 ounces of gold in August bringing the total for the first eight months of 2019 to 155,359 ounces, up 8% over the first eight months of 2018. Gran Colombia’s trailing 12 months’ total gold production at the end of...
Posted On September 12, 2019
, By Loren Moss
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Pacific Coast Town of Coquí (Nuquí), Chocó Hosts “Siembra Negro” Gastronomy Festival

The 5th version of the “Siembra Negro” Festival launches today and runs through September 14th, in Coquí, a village outside of the coastal town of Nuquí on Colombia’s Pacific coast best known as a launching point for whale watching and ecotourism. The Ministry of Commerce, Industry and Tourism (MINCIT) with...
Posted On September 11, 2019
, By Loren Moss
VivaColombia Colombia airplane el dorado airport (Photo credit: Viva Air)
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Viva Air Inks Distribution Deal With Amadeus For Air Tickets

Colombian low-cost airline Viva Air and travel technology platform Amadeus (MSE: AMS) have announced a distribution deal today whereas Viva Air will make its domestic and international flights, as well as negotiated fares, bookable in all Amadeus points of sale. The fares will be available first in Colombia, Peru...
Posted On September 10, 2019
, By Loren Moss
Fitch Photo credit: Shashank457 licensed under the Creative Commons Attribution-Share Alike 4.0 International license.
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Colombia’s Economy Still Faces Risks Despite 2019 Data: Fitch

Data from the first half of 2019 indicating that Colombia is on track to meet its 2019 fiscal target without one-off asset sales is a positive development, but meeting the 2020 target could be challenging, says Fitch Ratings. The risks to fiscal consolidation and to the trajectory of government debt that Fitch...
Posted On September 9, 2019
, By Loren Moss
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Colombia’s Tourist Town of Guatapé Opens New $6 Million Dollar Lakeside Park

Colombia’s popular tourist town of Guatapé, Antioquia, roughly 2 hours outside of Medellín, has opened a new Malecón, or waterfront parkway, modernizing and increasing public space by more than 19,000 square meters. The public work was realized by joint efforts of the Guatapé mayor’s office, Empresa Autónoma de...
Posted On September 9, 2019
, By Loren Moss
© Loren Moss
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Blue Marble Microinsurance Renews, Expands Weather Index Insurance For Small Colombian Coffee Growers

Blue Marble Microinsurance is renewing its weather index insurance program for smallholder coffee farmers in Colombia and expanding the coverage significantly.
Posted On September 9, 2019
, By Loren Moss
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South American Wayúu Indigenous Leader Says Petroleum Companies, Multinationals Can Live In Harmony With The Environment & Humanity—If They Follow Certain Principles

Wayúu indigenous leader Monica Barros tells Finance Colombia what multinationals must do to make profits in harmony with communities and the land
Posted On September 8, 2019
, By Loren Moss
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President Duque Inaugurates ANDICOM 2019, Colombia’s Largest Annual IT & Telecom Event

Colombian President Ivan Duque was present in Cartagena today to give the opening address to ANDICOM, Colombia’s largest and most important ICT (Information & Communications Technology) event. Duque announced the creation of an entrepreneurial ecosystem initiative led by Innpulsa, with the goal of making...
Posted On September 5, 2019
, By Loren Moss
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Colombia To Create Giant Government Holding Company of 19 State Owned Enterprises

Colombia’s Ministry of Finance and Public Credit (Hacienda) announced that by November, Colombia will restructure its ownership of almost two dozen government-owned companies into a single entity with an expected value of $80 billion USD. The holding company would be comprised of 12 wholly owned government...
Posted On September 5, 2019
, By Loren Moss
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Japan & Colombia Agree To Promote “Orange Economy” Bilateral Trade

Representatives of Colombia and Japan have agreed to establish a permanent working group to advance common interests in trade, investment, and cooperation in the “Orange economy.” The effort was agreed upon during a meeting between Colombian vice minister of trade Laura Valdivieso Jiménez and Japanese vice...
Posted On September 5, 2019
, By Loren Moss
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Carolina Duque Joins Baker McKenzie As Partner In Medellín, Colombia

Global law firm Baker McKenzie has added Carolina Duque to its Colombia Banking and Finance practice. Duque is a local partner specializing in local and international project finance. Duque’s addition is expected to complement the firm’s growth strategy defined by the partners. Duque is a lawyer from the...
Posted On September 4, 2019
, By Loren Moss
Chinese yuan bills _ Renminbi. チャイナマネ
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China’s Expected Deceleration Presents Threat To Colombian & Other Latin American Economies, Says Fitch

Heavy commodity dependence and direct trade exposures represent significant vulnerabilities for Latin American economies if China’s slowdown is sharper than expected, says Fitch Ratings. Large commodity exporters such as Chile, Brazil, Peru and Colombia are likely to be among the most exposed, although...
Posted On September 4, 2019
, By Loren Moss
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Bancolombia Selects US Based Unisys For Service Desk Support & Cybersecurity Solutions

Unisys Corporation (NYSE: UIS) today announced that Bancolombia (NYSE: CIB) has selected Unisys to support the bank’s digital transformation. Unisys will provide secure digital workplace service capabilities supporting more than 24,000 employees, including a help desk that typically processes more than 150,000...
Posted On September 3, 2019
, By Loren Moss
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KPMG Completes Review of Avianca Interim Financial Statements

Global accounting and audit firm KPMG has completed a review of Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH)  financial statements and notes as of June 30, 2019. A statement and letter to shareholders was prepared, and the letter was entered into the public record via a 6-K filing with the US Securities and...
Posted On September 3, 2019
, By Loren Moss
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Avianca in SEC Filing: “We Are Currently In Payment Default”

Avianca: "Our business may not succeed even if the Re-profiling Plan is successful and the Stakeholder Investment is consummated."
Posted On September 3, 2019
, By Loren Moss
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Canal 1 Cancels Respected Colombia Weekend News Show “Noticias Uno”

Plural Comunicaciones S.A.S, concessionaire of Canal 1, after a financial review and after exploring numerous alternatives together with its partners, has decided to cancel the popular weekend news program Noticias Uno. Well liked by viewers, Noticias Uno has been consistently recognized as the best newscast in...
Posted On September 2, 2019
, By Loren Moss
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Chevron Petroleum Launches Food Bank To Serve Colombia’s Wayúu Indigenous Community & La Guajira Peninsula

Chevron Corporation (NYSE:CVX) last week in Bogotá launched a major initiative to support residents of Colombia’s La Guajira department on the country’s Atlantic Coast. The global petroleum giant collaborated with the local Catholic Diocese of Riohacha and many Colombian delivery partners. Chevron provides the...
Posted On September 2, 2019
, By Loren Moss
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Colombia Investment Summit Seeks Foreign Direct Investment & Strategic Alliances

The 5th annual Colombian Investment Summit is being held October 29 & 30 in the Grand Ballroom of the Grand Hyatt Hotel in Bogota. Sponsored by Colombia’s Ministry of Commerce, Industry & Tourism along with Colombia’s investment promotion agency ProColombia, the event has confirmed the attendance of...
Posted On September 1, 2019
, By Loren Moss
medical marijuana cannabis khiron life sciences pharmacielo new colombia resources (Credit: eujava / Pixabay)
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Cannabis Company Khiron Life Sciences Announces Pilot WIth Colombian Health Provider EPS Sura

Khiron Life Sciences Corp. ( (TSXV: KHRN), (OTCQB: KHRNF), (Frankfurt: A2JMZC), has announced that its wholly-owned clinic network, the Latin American Institute of Neurology and the Nervous System (“ILANS”), has partnered with Colombian health insurance company EPS SURA to launch a four-month...
Posted On September 1, 2019
, By Loren Moss
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Avianca Statement: “We May Have Violated The US Foreign Corrupt Practices Act”

Stormy skies are not clearing anytime soon for Avianca, it seems. Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) announced in a new filing with the US Securities and Exchange Commission (SEC) that it may have violated the US Foreign Corrupt Practices Act, or FCPA.  Apparently, the problem was discovered as far back...
Posted On September 1, 2019
, By Loren Moss
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Colombia Gets $15 Million USD Loan From The IDB TO Strengthen Public Sector Management

Colombia will advance in the modernization of public management through the implementation of an innovative Government Center (Smart Delivery Unit) that will incorporate cutting-edge technologies to support evidence-based decision-making processes with a $15 million loan approved by the Inter-American Development...
Posted On September 1, 2019
, By Loren Moss
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Report: 5% of Colombian Companies Have Lost up to $4 Billion COP Due to Cyberattacks.

The improper access and hijacking of information, the loss or damage of sensitive data, the attacks of hackers and the crash of digital platforms are dangers  that companies of the country face day by day, and that according to a BDO study titled Impact of digital security incidents in Colombia, they cause losses...
Posted On September 1, 2019
, By Loren Moss
Leopoldo Albuquerque (left) of Smart City Business America
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Leopoldo Albuquerque Has A Libertarian Vision Of Smart Cities In Latin America, With The Public & Private Sectors Collaborating Towards Common Goals

Leopoldo Albuquerque is on a mission to make the cities in Latin America smarter. Though you might think of technology first, Dr. Albuquerque is talking about smarter ways of governing and managing public and shared resources. The founder and Global President of Smart City Business America is in Colombia preparing...
Posted On September 1, 2019
, By Loren Moss
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Avianca’s Sturm und Drang Continues With Chairman Calling The Airline “Bankrupt” Then Saying He Didn’t Mean It

Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) stock plunged to an all-time low last week after new chairman and major stockholder Roberto Kriete called the company “Bankrupt” during an internal employee meeting. An internal video was leaked showing Kriete’s comments, which quickly went viral—by investment...
Posted On September 1, 2019
, By Loren Moss
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Global Hydropower Latin America 2019 Presents Key LatAm Hydroelectric Projects

On October 9 & 10 in Lima, Peru the Hydropower Latin America Congress and Exhibition will bring together over 300 decision making executives of hydroelectric plants, Latin American ministries of energy, hydroelectric companies, investors, EPCs, equipment and service providers from all over Latin America....
Posted On August 30, 2019
, By Loren Moss
avianca colombia bogota
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Avianca Chairman Roberto Kriete’s Kingsland Holdings To Loan Avianca $50 Million USD For Working Capital

Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) stated today in an SEC filing that an affiliate of Kingsland Holdings Limited, controlled by Avianca chairman Roberto Kriete, has entered into a commitment to extend a short term secured loan of US$50 million to the Company, subject to customary closing conditions,...
Posted On August 30, 2019
, By Loren Moss
Beautiful Colombian woman shops at PriceSmart
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PriceSmart To Open 3rd Bogotá-Area Store, 8th In Colombia

PriceSmart, Inc. (NASDAQ: PSMT) today announced that on August 21, 2019, it acquired approximately 111,000 square feet of land in the far north of the capital city, Bogotá upon which the company plans to construct its 47th warehouse club.  This club will be located within the city of Bogota, Colombia. “Securing...
Posted On August 27, 2019
, By Loren Moss
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Colombian Cinema Delegation Present In Cannes

In recent years, the Colombian audiovisual and animation industry has become known in Europe, South America and North America. Now, to reinforce its global positioning, ProColombia, Colombia’s export, investment and tourism promotion entity, is accompanying 12 companies in the sector to Mipcom 2019, the...
Posted On August 25, 2019
, By Liliana Padierna
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US Navy Hospital Ship USNS Comfort Attends To Thousands of Colombian Patients On Humanitarian Stop In Santa Marta

United States Navy hospital ship USNS Comfort is in Santa Marta, Colombia this week giving free medical care to local Colombian patients, including several complex surgeries on the hospital ship, along with primary medical care in Santa Marta’s Coliseo Mayor Polideportivo sports coliseum. The US mission is...
Posted On August 21, 2019
, By Loren Moss
Tecnoglass Barranquilla plant
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Barranquilla Based Tecnoglass Reports Best Quarter Ever, Record EBITDA

Tecnoglass, Inc. (NASDAQ: TGLS) (BVC:TGLSC), Colombia’s largest manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, has reported that financial results for the second quarter ended June 30, 2019 were the best in the...
Posted On August 19, 2019
, By Loren Moss
sura asset management senior notes moody's grupo sura suramerica
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Moody’s Maintains Sura Asset Management at Baa1

Moody’s Investors Service has completed a periodic review of the ratings of Sura Asset Management, S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of the ratings in the context...
Posted On August 19, 2019
, By Loren Moss
US and Colombian prosecutors meet in Bogotá Photo credit Federico Barón
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US Prosecutors Visit Colombian Counterparts To Fight Organized Crime

Colombia’s attorney general, Fabio Espitia Garzón, received a delegation of prosecutors from The United Sates led by Zachary Terwilliger, Prosecutor for the Eastern District of Virginia. The purpose of the visit was to strengthen cooperation in the fight against organized crime, especially focused on...
Posted On August 19, 2019
, By Loren Moss
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Reports: Colombia To Get US Immigration Pre-Clearance From Bogotá

According to printed reports in airline industry publications and El Tiempo, outgoing US Ambassador Kevin Whittaker announced that before the end of next year, Bogotá’s El Dorado International Airport will have a US Immigration Pre-Clearance Facility. Such facilities are currently only found in a few countries...
Posted On August 19, 2019
, By Loren Moss
Juan N. Cento of Fedex
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Exclusive Interview: Juan Cento of Fedex Announces New Commitments To Colombia, Ecuador, Peru, Chile

Fedex (NYSE: FDX), previously known as Federal Express, has been present in Colombia for 25 years, but has not been seen as the dominant player that it is in other markets. Fedex would like to convince us that a change is coming. A delegation of top executives has been in Colombia this week meeting with key...
Posted On August 16, 2019
, By Loren Moss
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US Social Security & Medicare Beneficiaries Living in Colombia Can Meet With US Federal Benefits Unit Representatives in Medellín, Cali, Bogotá: Last Week of August 2019

The U.S. Embassy in Bogota has announced that representatives from the Regional Federal Benefits Unit will visit Medellin, Cali and Bogota to offer services for beneficiaries or individuals with questions about U.S. Social Security and other federal benefits. To schedule an appointment please see the instructions...
Posted On August 14, 2019
, By Loren Moss
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Avianca Offers To Swap Secured For Unsecured Debt

Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) this morning announced in a 6-K filing with the United States Securities and Exchange Commission, in connection with its previously announced re-profiling plan for its capital structure, the commencement of an offer, outside of Colombia, to exchange any and al...
Posted On August 14, 2019
, By Loren Moss
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