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Carrasquilla became the personification and villain of the tax package—and dissatisfaction with the Duque administration more broadly—after admitting to Colombian journalist Vicky Davila in the weeks leading up to the protests that as one of Colombia’s elite, he had no idea how...

Colombian President Ivan Duque announced that he was asking Congress to withdraw from consideration his fiscal reform package, brainchild of his Finance Minister Alberto Carrasquilla. The controversial package was put forward to broaden the Colombian government’s revenue base,...

Last night, Aeronáutica Civil (Aerocivil), Colombia’s civil aviation authority announced the temporary closure of the Alfonso Bonilla Aragón International Airport (above) in the Cali suburb of Palmira, leaving passengers stranded both at the airport and at other domestic and...

Beyond the tax reform, which was the primary theme of the protests, Colombians took the opportunity to express deep discontent with the current government’s failure to manage the COVID pandemic, and lack of vaccines available in the country, and the government’s failure to...

  Chef Juan Manuel Barrientos, has become the first Colombian to win a Michelin star for his newest Colombian themed ElCielo restaurant, located in Washington D.C. ElCielo, a concept based on neuroscience applied to local products and ancestral roots is also the first Colombian...

Before joining Avianca as CFO, Neuhauser was managing director covering Latin American airlines for Credit Suisse and worked as an investment banker for Deutsche Bank, Bank of America, and Merril Lynch.

Management will host a webcast and conference call that same day at 10:00 a.m. Eastern time (9:00 a.m. Bogota, Colombia time) to review the company’s results. The conference call will be broadcast live over the Internet. Additionally, a slide presentation will accompany the...

The letter of resignation came just hours after a contentious press conference where Calderón wished to discuss his investment plan, but the press, including Finance Colombia, wished to delve into the numerous gaps and inconsistencies in his qualifications.

Earlier this week we had the equity market flows for March, a month when the index lost 3%, and we find that foreigners, whilst continuing their healthy participation at 34.8% were almost the largest net sellers. Now $30mn is not the end of the world however given the poor...

The World Economic Forum is launching two regional networks of cities in Latin America and South Asia to share knowledge on smart city development while protecting public interests related to privacy, security, and sustainability. Under the umbrella of the Forum’s G20 Global...