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//colombia
La Haus' leadership team. Left to right, Rodrigo Sanchez-Rios, president; Jeronimo Uribe, CEO; Thomas Floracks, CPO; Santiago Garcia, CTO
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Uribe-Connected La Haus Raises Additional $50 Million USD, Jeff Bezos, Gabriel Gilinski, Maluma Among Investors

La Haus was founded by Jerónimo Uribe, CEO; Rodrigo Sánchez-Ríos, president; Tomás Uribe, Chief Growth Officer; and Santiago Garcia, CTO. The Uribe brothers are sons of Colombia’s former President and current Senator Alvaro Uribe.
Posted On August 2, 2021
, By Loren Moss
Alphacredit is a brand of Alpha Holdings
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AlphaCredit Parent Files For Bankruptcy

Last April, the company announced that it would restate its financials for 2018 and 2019 to correct an error in Alpha Holding’s derivative positions. Soon the company had to announce that it found additional accounting errors that would lead to material restatement of other...
Posted On August 2, 2021
, By Loren Moss
Cocaine laboratory in Tolima dismantled, courtesy Colombian Air Force
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Insight Crime: Colombia Producing Record High Quantities Of Cocaine

The amount of powdered cocaine extracted from a single hectare of coca increased by more than one kilogram in just a year. Potential cocaine output jumped from 6.7 kilograms per hectare in 2019 to 7.9 kilograms in 2020, according to the UNODC report. Three factors are possibly...
Posted On August 1, 2021
, By Insight Crime
https://www.financecolombia.com/wp-content/uploads/2021/08/los_combita.jpg
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Colombian Police Take Down Webcam Pornography Extortion Ring

They took advantage of both men and women seeking employment as sexual webcam models to demand a “casting” audition from candidates where they had to send photos and videos of a sexual nature to later extort them through text messages and intimidating calls, demanding sums...
Posted On August 1, 2021
, By Loren Moss
Sprößer was detained then deported by Colombian Migration (photo: Migración Colombia)
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Colombian Government Expels German Tourist Taking Part In Deadly Protests, Bans Entry For 10 Years

Sprößer, whose visa would have expired after 90 days, said she would not be returning to Germany, but planned to give classes on politics and economics to protesters. “I have never felt very German, I have always liked Latin America,” she told El Tiempo. Sprößer is now banned...
Posted On August 1, 2021
, By Loren Moss
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ANDICOM, Colombia’s Flagship IT Industry Event Returns To Cartagena’s Convention Center November 17-19

The region's benchmark international ICT Congress, returns to an in-person modality in Cartagena November 17-19, 2021, expecting approximately 2,000 participants attending with biosafety measures and capacity measures in place.
Posted On July 27, 2021
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Tecnoglass To Hold Earnings Call The Morning Of August 6

The conference call will be broadcast live over the Internet. Additionally, a slide presentation will accompany the conference call. To listen to the call and view the slides, please visit the Investors section of Tecnoglass' website at www.tecnoglass.com.
Posted On July 27, 2021
, By Loren Moss
Invenergy Woodville Solar Farm, photo courtesy Invenergy
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Canadian Solar Wins 45 Mw Solar Battery Storage Project For Barranquilla, Colombia

The Barranquilla project is designed to strengthen the electricity transmission network in the Atlántico Department in northern Colombia and support the government's efforts to prevent future supply deficits.
Posted On July 13, 2021
, By Loren Moss
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Fitch Downgrades EPM Credit Ratings From BBB- To BB+ After City of Medellín Credit Downgrade

Fitch views EPM's corporate governance as weak due to the strong influence exerted by the company's owner, the City of Medellin. EPM has an ESG Relevance Score of '4', which reflects the company's recent instability in board membership and indicates that the score has a negative...
Posted On July 13, 2021
, By Loren Moss
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Avianca Loses Lawsuit By Woman Who Paid For Transatlantic 787 1st Class but Was Placed In A300 Economy

Had the airline simply made Ms. Casanova whole, this case would not exist. However, the fact that Avianca chose to battle a $1,500 USD refund all the way to Colombia’s supreme court suggests a new, more hostile attitude towards the same passengers it once coddled.
Posted On July 13, 2021
, By Loren Moss
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