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Colombia Approved For 2-Year $10.8 Billion USD Credit Line From IMF

The Executive Board of the International Monetary Fund (IMF) approved on Friday a successor two-year arrangement for Colombia under the Flexible Credit Line (FCL) in an amount equivalent to SDR 7.8496 billion, or approximately $10.8 billion USD and noted the cancellation by...
Posted On May 4, 2020
, By Loren Moss
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Resistance Builds To Avianca’s Appeal For Colombian Governmental Bailout

Avianca has asked for a bailout by the Colombian government. Colombians are pointing out that the airline is majority foreign owned, and legally Panamanian, not Colombian.
Posted On April 30, 2020
, By Loren Moss
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Colombia Is Now The 37th Full Member Of The OECD

Colombia has completed the 8-year accession process, now making it a full member of the OECD: The Organization for Economic Cooperation & Development based in Paris.
Posted On April 29, 2020
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Tecnoglass To Hold Q1 2020 Earnings Call May 8th

Tecnoglass (NASDAQ: TGLS) will release financial results for the 1st quarter of 2020 on Friday Morning, May 8th.
Posted On April 29, 2020
, By Loren Moss
1

Teleperformance Seeks To Hire 4,000 Bilingual Agents in Colombia Despite Coronavirus

Teleperformance has announced an urgent need for 4,000 English, Portuguese and French bilingual agents in Colombia to work from home, despite the Coronavirus Pandemic.
Posted On April 27, 2020
, By Loren Moss
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Guest Editorial: Coronavirus & Democracy In Latin America

It is curious how the Latin American giants Brazil & Mexico, with active representative democracies, have minimized the Coronavirus COVID-19 Pandemic as a minor flu. They may yet face serious consequences.
Posted On April 27, 2020
, By Sergio Escobar
Photo courtesy ACP
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Colombian Petroleum Industry Calls On Urgent Government Action To Mitigate Petroleum Crisis

The collapse in oil prices has led ACP, Colombia's petroleum industry association to call on the country's government to allow flexibility in the regulated pipeline transportation costs, that now make up almost half the cost of a barrel of oil, says the trade group.
Posted On April 22, 2020
, By Loren Moss
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The Only 5-Star Golf Resort In Colombia—A First Look At the Conrad Cartagena

The Nicklaus designed 18 hole golf course at Karibana Cartagena was selected as best in Colombia, but the beachfront Conrad Cartagena Resort has much more to offer.
Posted On April 22, 2020
, By Loren Moss
Image by Gerd Altmann from Pixabay
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Colombia’s New Deficit Target Reveals Shock Caused By Coronavirus: Fitch Ratings

According to Fitch Ratings, the Coronavirus COVID-19 Pandemic is causing a contraction in Colombia's economy, and severe fiscal pressure on the government.
Posted On April 22, 2020
, By Loren Moss
El Presidente de la República, Iván Duque Márquez, anunció este viernes la decisión del Gobierno Nacional de extender hasta el próximo 11 de mayo el Aislamiento Preventivo Obligatorio. Foto: Nicolás Galeano
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Colombia’s Coronavirus Curfew Extended An Additional 2 Weeks

Colombia’s President Ivan Duque announced the order to extend Colombia’s national preventive isolation order an additional two weeks, at least until May 11.
Posted On April 21, 2020
, By Loren Moss
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