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Israeli Conglomerate Acquires Cali-Based Avocado Packer Pacific Fruits

The Cali, Colombia operations, brands and machinery of Pacific Fruits, one of the leading companies for packing and commercialization of agricultural products, especially the Hass variety of avocado has been acquired by Israeli investment vehicle Managro.
Posted On January 29, 2020
, By Loren Moss
BOGOTÁ -Photo courtesy Germán Ruíz
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US Leads Foreign Direct Investment In Bogotá, Followed By Canada In 2019

During 2019, Invest in Bogota (IIB), the city of Bogotá's investment promotion agency, supported 48 greenfield Foreign Direct Investment projects, its highest number for a calendar year since its institution in 2006.
Posted On January 29, 2020
, By Loren Moss
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Colombian Event Platform Rebus Raises $415,000 Seed Round

Rebus, a Colombian event and ticketing platform launched in 2017 and led by co-founder Juliana Villalba Torres, has raised $415,000 in seed funding from several angel investors, including Angel Ventures, Magma Partners, Enlaces, Quake Capital, Avalancha Ventures and several...
Posted On January 29, 2020
, By Loren Moss
JetSmart jet on the runway.
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Chilean Low-Cost Airline JetSmart Begins Service In Colombia

JetSmart Airlines has begun flying routes between Santiago, Chile and both Bogotá & Cali, Colombia
Posted On January 29, 2020
, By Loren Moss
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Avianca Flight Diverts To Panamá After Plane Damaged In Flight, 4 Hospitalized

Last Thursday, January 23, Avianca flight AV693 flying from San José, Costa Rica to Bogotá, Colombia had to land in Panamá City’s Tocumen International Airport after experiencing severe turbulence that sent 3 crew and 1 passenger to the hospital, and left the plane damaged.
Posted On January 28, 2020
, By Loren Moss
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MAPFRE Insurance Signs Deal With Banco Pichincha For Voluntary Insurance

Spanish insurer MAPFRE has entered into a strategic alliance with Banco Pichincha in Colombia to offer insurance products to the bank's customers.
Posted On January 27, 2020
, By Loren Moss
EPM Water treatment facility. Photo courtesy EPM
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32 Colombian Municipalities Facing Water Shortages

This year’s annual dry season that affects Colombia in December and January has seen the number of municipalities facing shortages grow to 32, according to the country’s minister of housing, cities and territories, Jonathan Malagón.
Posted On January 27, 2020
, By Loren Moss
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Avianca December Passenger Traffic Down 6% From 2018

In December 2019, Avianca and its subsidiaries (NYSE: AVH) (BVC: PFAVH) transported 2,546,232 passengers, a 6% decrease compared to December 2018.
Posted On January 27, 2020
, By Loren Moss
Plus Ultra A340
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Spanish Airline Plus Ultra Arrives In Colombia With Madrid-Cali-Cartagena Routes

Spanish Airline Plus Ultra Lineas Aéreas will begin operating a Madrid-Cali-Cartagena route beginning June 17th this year,
Posted On January 27, 2020
, By Loren Moss
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2020 Petroleum Exploration & Production In Colombia Expected To Increase By 23%

Today the Colombian Petroleum Association, (ACP for its initials in Spanish) presented their report on investment trends in exploration & production (E&P) for 2019 and their outlook for 2020, consolidating information from the 26 most important petroleum companies in...
Posted On January 27, 2020
, By Loren Moss
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