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//colombia
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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...
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...
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
(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...
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...
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...
Posted On August 18, 2020
, By Loren Moss
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