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//colombia
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What Jumps Out: Busy Week Ahead

Last week ended with the Central Bank increasing rates from 10-11%, fully as expected but FinMin Ocampo was part of a unanimous vote of 7-0 despite public comments suggesting rate increases wouldn’t slow supply side inflation. His reply was that he wanted to help the...
Posted On October 31, 2022
, By Rupert Stebbings
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What Jumps Out: Waiting For BanRep

The Central Bank will sit down shortly over fine Colombian coffee and, no doubt, a few cheeky pastries to discuss what to do about interest rates. The current 10% is not going to get the job done and the consensus is for a move to 11%. The question that remains is whether that is...
Posted On October 28, 2022
, By Rupert Stebbings
Apple's iPhone 14 was released earlier this month (photo: Apple)
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With Christmas Coming, Here’s Why Apple’s Newest iPhones Remain Banned In Colombia

The latest Apple iPhones are contraband in Colombia for now, but the reason may surprise you.
Posted On October 25, 2022
, By Sonia Romero
Photo © Loren Moss
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Exclusive: CEO Luis Roberto Rivas Shares Ron Viejo de Caldas’ Secret Recipe For Liquor Dominance With Finance Colombia

ILC was a company that back in 2019 had 34% market share in the rum category. In just two years that grew to 66% of Colombia's rum market.
Posted On October 22, 2022
, By Loren Moss
Photo courtesy IHC
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Abu Dhabi Investors Pour $200 Million USD Into Jaime Gilinski’s Lulo Bank

IHC also appears to be allied with Gilinski in his battle for control of Medellín's GEA
Posted On October 18, 2022
, By Loren Moss
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Colombia Will Require New Motorcycles To Have Antilock Brake Systems (ABS)

After a transition period, new motorcycles without UN or US certified ABS systems will be illegal in Colombia
Posted On October 18, 2022
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Tecnoglass Sets Date for Third Quarter 2022 Results, Conference Call

The conference call will be broadcast live over the Internet. Additionally, a slide presentation will accompany the conference call.
Posted On October 18, 2022
, By Loren Moss
Collective Mining
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Collective Mining Announces $10 Million CAD Capital Infusion From Clarus Securities

Collective Mining management and insiders will also be participating by up to 15% in the offering.
Posted On October 18, 2022
, By Loren Moss
What Jumps Out: The Week Ahead, October 18
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What Jumps Out: The Week Ahead, October 18

On Friday we also had the Central Bank's latest survey for October, and everything continues to trend upwards versus September.
Posted On October 18, 2022
, By Loren Moss
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Avianca Ignores JFK Traveler Until Employee Selfies From His Stolen Phone Show Up On His iCloud Account

Multiple “selfies” of Avianca employees began to show up in Jaramillo’s Apple iCloud account, proving that they did have possession of Jaramillo’s belongings.
Posted On October 16, 2022
, By Loren Moss
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