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//colombia
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Guest Opinion: A Signal of Caution For Direct Investment in Colombia—Über VP of Global Public Policy

Über's Vice President Justin Kintz shares thoughts on the disappointing environment in Colombia for ride-sharing & alternative transportation methods.
Posted On January 16, 2020
, By Justin Kintz
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President Ivan Duque Meets With New CEO of US International Development Finance Corporation

U.S. International Development Finance Corporation (DFC) Chief Executive Officer Adam Boehler (pictured above) met with Colombian President Ivan Duque in Cartagena last month. In a statement, Boehler reaffirmed the United States’ “steadfast commitment to the Colombian...
Posted On January 16, 2020
, By Loren Moss
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Fitch: LatAm Sovereigns Vulnerable To Next Downturn

Growth in public debt burdens and fiscal deficits in many Latin American countries over the past decade will undermine the ability of governments to respond to shocks and a sharper than expected global slowdown in 2020, says Fitch Ratings. Weakening fiscal dynamics have been a...
Posted On January 14, 2020
, By Loren Moss
Photo credit Felipe Balduino from Pexels
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Rappi Sued In US Federal Court For Misappropriation of Trade Secrets

Case number 4:2019cv07415 filed in the Northern District of California names Jorge Uribe, Jose David Mendoza, Mauricio Paba Serje and Jose David Mendoza Macanaz as plaintiffs against Rappi, Inc., RAPPI S.A.S. and Simon Borrero Posada.
Posted On January 14, 2020
, By Loren Moss
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Termocandelaria’s Proposed Bond Reopening Rated BB+ By Fitch

Fitch Ratings has assigned a ‘BB+’ rating to TermoCandelaria Power Ltd.’s proposed notes reopening of up to $200 million USD under its 7.875% senior unsecured notes due 2029. TermoCandelaria initially issued $410 million in senior unsecured notes in January 2019...
Posted On January 13, 2020
, By Loren Moss
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Vernon Arseneau Named Executive Director & COO of Royal Road Minerals

Royal Road Minerals Limited (TSXV:RYR) has announced the appointment of Vernon “Vern” Arseneau as Executive Director and Chief Operations Officer of the Company. Vern is a founding Director of Royal Road Minerals having served on the company’s board since its inception in 2010....
Posted On January 13, 2020
, By Loren Moss
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Spirit Airlines Adds Flights Connecting Bucaramanga & Barranquilla To The US

Spirit Airlines (NYSE:SAVE) has announced the addition of two new destinations to its network in 2020, with service to Bucaramanga (BGA) and Barranquilla (BAQ) Colombia starting in April, subject to regulatory approval. Spirit flew its first flight to Colombia in May 2008,...
Posted On January 13, 2020
, By Loren Moss
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Atico Mining Liquidates Debt To 1st Debenture Holders From Toachi Acquisition

Atico Mining Corporation (TSX.V: ATY, OTC: ATCMF) has announced that it has repaid in full, its outstanding $1,347,875 CDN first tranche of the debenture facility payable to first debenture group holders. The debenture facility was assumed by the company as a result of the Toachi...
Posted On January 13, 2020
, By Loren Moss
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Álvaro Guillermo Rendón López Is Installed as New Head of EPM

Medellín’s new mayor Daniel Quintero appointed attorney Álvaro Guillermo Rendón López as the new general manager of Colombia’s largest utility company Empresas Públicas de Medellín, or EPM. Rendón was installed on January 2, replacing outgoing engineer Jorgé Londoño De La Cuesta,...
Posted On January 13, 2020
, By Loren Moss
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After Threats, Lime Follows Uber As The Latest Alternative Mobility Company To Give Up On Colombia

As Colombia’s government, apparently allied with sometimes violent taxi syndicates runs off mobility providers such as Uber and domestic company Picap, electric scooter provider Lime has announced that it is also abandoning its Bogotá foothold in a blog post by its CEO. This...
Posted On January 11, 2020
, By Loren Moss
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