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//colombia
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Expert Analysis: Colombia’s Tax Reform 2.0 – What’s In It?

Another aspect is the normalization tax complementary to income tax. This 17% tax would be reincorporated with the purpose of normalizing omitted assets or nonexistent liabilities, and would be in force for the year 2022. During 2021 an advance payment of 50% must be made.
Posted On August 25, 2021
, By Humberto Rodriguez
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What Jumps Out: Green Shoots?

On a more optimistic note, the MSCI COLCAP finally appears to be gaining a foothold in 2021, we are no longer bottom of the pile and for foreigners in particular, there are bargains to be had.
Posted On August 25, 2021
, By Rupert Stebbings
Magdalena River
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Metropolitan Touring & AmaWaterways To Launch 7-Day Cruises On Colombia’s Magdalena River

Launching December 2023, guests can explore the hidden treasures of the Magdalena River for the first time aboard a new all-suite, eco-friendly river cruise ship.
Posted On August 25, 2021
, By Loren Moss
Tecnoglass at NASDAQ
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With Market Capitalization Surging Past $1.1 Billion USD, Colombia’s Tecnoglass Rings NASDAQ’s Bell

Tecnoglass stock recently reached a high of $24.60 USD per share, almost five times its value of just a year ago.
Posted On August 25, 2021
, By Loren Moss
Viva Air Foundation Delivers 5.5 Tons Of Books To Young Readers In Rural & Indigenous Communities Of Cauca & La Guajira, Colombia
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Viva Air Foundation Delivers 5.5 Tons Of Books To Young Readers In Rural & Indigenous Communities Of Cauca & La Guajira, Colombia

Viva Air’s nonprofit affiliate has begun delivering thousands of books to rural and indigenous children. The initiative follows up on Viva’s delivery of 3,502 school supply kits to youth on the impoverished La Guajira peninsula.
Posted On August 25, 2021
, By Loren Moss
Jairo Clopatofsky, seated
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Jairo Clopatofsky Appointed Colombian Ambassador To Jamaica

Clopatofsky Ghisays, born in Cartagena in 1961, is a business administrator, with studies in Political Science at the Javeriana University, and a master's degree in Public Administration at Harvard University.
Posted On August 25, 2021
, By Loren Moss
The all-suite Star Breeze
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Colombia OKs Return Of Cruise Ships, First Ship Arrives Today

Lombana reported that inter-institutional work made it possible to establish biosafety protocols for managing and controlling the risk of COVID-19 in activities related to the arrival, stay and departure of passenger ships.
Posted On August 24, 2021
, By Loren Moss
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Wingo Receives Panamá Operating Certificate

So far, Wingo, which flies between 28 cities in 11 countries, has not publicized new routes from Panamá.
Posted On August 18, 2021
, By Loren Moss
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What Jumps Out: Back At The Desk

Here in Colombia the market has been crying out for new blood, we have seen multiple names such as Tablemac delist, others including Éxito who are no longer part of the MSCI COLCAP and recently Avianca which has been put on the naughty step due to Chapter 11.
Posted On August 18, 2021
, By Rupert Stebbings
La Sierra Thermoelectric Power Plant
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EPM Suffers Fire At La Sierra Thermoelectric Power Plant

The fire reduces the facility’s output from 393 megawatts to 246 megawatts until repairs can be made. EPM reports that there were no injuries, and the cause of the fire is under investigation.
Posted On August 18, 2021
, By Loren Moss
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