German Efromovich, President of the Board of Directors for Avianca Holdings S.A. and the Board of Directors for Aerovías del Continente Americano S.A. Avianca, has introduced Hernan Rincón Lema as the new Executive President of the holding company that groups several airlines and...
German Efromovich, Chairman of the Board of Directors of Avianca Holdings S.A. and Aerovias del Continente Americano S.A. has announced the appointment of Hernán Rincón (pictured above) as the new Chief Executive Officer of Avianca Holdings S.A. and Avianca S.A Mr. Rincón, was...
2016 marked another record year for bilateral trade between Colombia and the US in the area of flower exports. Over half a billion flowers were shipped to North America from Colombia for the Valentine’s day holiday, last Sunday. According to ProColombia, Colombia’s export...
For the second year in a row, Finance Colombia will be participating as a media sponsor of Bonds, Loans & Derivatives Andes, at the JW Marriott in Bogotá February 23 & 24th. As the only conference in the Andean region bringing together Colombian and Peruvian capital...
2015 was characterized by economic deceleration and a general market uncertainty attributed to factors such as the Colombian peso’s devaluation, the fall in petroleum prices globally, a higher rate of inflation, the rise in interest rates, peace process negotiations, and the high...
During the third quarter of 2015, Colombia’s Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) announced operating revenues amounting to US$1.12 billion and a net income of US$102.1 million, an increase of US$ 68.9 million over 3Q 2014. As such, net margin was 9.1%, 6.4% above the...
The Internet Corporation For assigned Names and Numbers (ICANN) has concluded its inaugural forum on September 28 in Bogotá, held to address topics related to the Domain Name System, internet infrastructure, and the new gTLD program. The LAC-i-Roadshow is part of the regional...
Bogotá’s Club El Nogal will be the host of the 3rd annual Leadership Encounter sponsored by the Colombian Presidents’ Forum, named “Leaders that inspire actions of change.” The event, September 30 from 7am to 1pm, seeks to bring together the most successful professionals and...
Based on statistics available through March of 2015, Colombia’s industrial sector has experienced a negative annualized growth rate through the previous four quarters, led downward by the petroleum sector. This has resulted in decreased tax revenues for municipal and state...