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//colombia
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Pacific Coast Town of Coquí (Nuquí), Chocó Hosts “Siembra Negro” Gastronomy Festival

The 5th version of the “Siembra Negro” Festival launches today and runs through September 14th, in Coquí, a village outside of the coastal town of Nuquí on Colombia’s Pacific coast best known as a launching point for whale watching and ecotourism. The Ministry of Commerce,...
Posted On September 11, 2019
, By Loren Moss
VivaColombia Colombia airplane el dorado airport (Photo credit: Viva Air)
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Viva Air Inks Distribution Deal With Amadeus For Air Tickets

Colombian low-cost airline Viva Air and travel technology platform Amadeus (MSE: AMS) have announced a distribution deal today whereas Viva Air will make its domestic and international flights, as well as negotiated fares, bookable in all Amadeus points of sale. The fares will be...
Posted On September 10, 2019
, By Loren Moss
Fitch Photo credit: Shashank457 licensed under the Creative Commons Attribution-Share Alike 4.0 International license.
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Colombia’s Economy Still Faces Risks Despite 2019 Data: Fitch

Data from the first half of 2019 indicating that Colombia is on track to meet its 2019 fiscal target without one-off asset sales is a positive development, but meeting the 2020 target could be challenging, says Fitch Ratings. The risks to fiscal consolidation and to the...
Posted On September 9, 2019
, By Loren Moss
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South American Wayúu Indigenous Leader Says Petroleum Companies, Multinationals Can Live In Harmony With The Environment & Humanity—If They Follow Certain Principles

Wayúu indigenous leader Monica Barros tells Finance Colombia what multinationals must do to make profits in harmony with communities and the land
Posted On September 8, 2019
, By Loren Moss
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President Duque Inaugurates ANDICOM 2019, Colombia’s Largest Annual IT & Telecom Event

Colombian President Ivan Duque was present in Cartagena today to give the opening address to ANDICOM, Colombia’s largest and most important ICT (Information & Communications Technology) event. Duque announced the creation of an entrepreneurial ecosystem initiative led by...
Posted On September 5, 2019
, By Loren Moss
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Colombia To Create Giant Government Holding Company of 19 State Owned Enterprises

Colombia’s Ministry of Finance and Public Credit (Hacienda) announced that by November, Colombia will restructure its ownership of almost two dozen government-owned companies into a single entity with an expected value of $80 billion USD. The holding company would be comprised of...
Posted On September 5, 2019
, By Loren Moss
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Japan & Colombia Agree To Promote “Orange Economy” Bilateral Trade

Representatives of Colombia and Japan have agreed to establish a permanent working group to advance common interests in trade, investment, and cooperation in the “Orange economy.” The effort was agreed upon during a meeting between Colombian vice minister of trade Laura...
Posted On September 5, 2019
, By Loren Moss
Chinese yuan bills _ Renminbi. チャイナマネ
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China’s Expected Deceleration Presents Threat To Colombian & Other Latin American Economies, Says Fitch

Heavy commodity dependence and direct trade exposures represent significant vulnerabilities for Latin American economies if China’s slowdown is sharper than expected, says Fitch Ratings. Large commodity exporters such as Chile, Brazil, Peru and Colombia are likely to be...
Posted On September 4, 2019
, By Loren Moss
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Bancolombia Selects US Based Unisys For Service Desk Support & Cybersecurity Solutions

Unisys Corporation (NYSE: UIS) today announced that Bancolombia (NYSE: CIB) has selected Unisys to support the bank’s digital transformation. Unisys will provide secure digital workplace service capabilities supporting more than 24,000 employees, including a help desk that...
Posted On September 3, 2019
, By Loren Moss
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KPMG Completes Review of Avianca Interim Financial Statements

Global accounting and audit firm KPMG has completed a review of Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH)  financial statements and notes as of June 30, 2019. A statement and letter to shareholders was prepared, and the letter was entered into the public record via a 6-K...
Posted On September 3, 2019
, By Loren Moss
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